The dollar weakened to around ¥111 in Tokyo trading Thursday, following the U.S. Federal Reserve's downgrade of its view on inflation. At 5 p.m., the dollar stood at ¥111.20-21, down from ¥111.83-84 at the same time on Wednesday. The euro was at $1.1723-1723, up from ...
Stocks gained further ground on the Tokyo Stock Exchange on Thursday, supported by rosy corporate earnings reports. The 225-issue Nikkei average climbed 29.48 points, or 0.15 percent, to close at 20,079.64. On Wednesday, the key market gauge rose 94.96 points. The Topix index of all first-section ...
The dollar held firm above ¥111.50 in late Tokyo trading Wednesday, though it cut gains amid a wait-and-see mood ahead of a policy decision by the U.S. Federal Reserve. At 5 p.m., the dollar stood at ¥111.83-84, up from ¥111.19-20 at the same time on ...
The dollar was moderately lower around ¥112 in Tokyo trading on Wednesday, weighed down by growing policy uncertainties over U.S. President Donald Trump's administration and the Federal Reserve. At 5 p.m., the dollar stood at ¥112.13-14, down from ¥112.23-23 at the same time on Tuesday. ...
U.S. President Donald Trump is increasingly unlikely to nominate Federal Reserve Chair Janet Yellen for a second term next year, and National Economic Council Director Gary Cohn is the leading candidate to succeed her, Politico reported on Tuesday, citing four people close to the ...
The dollar was stuck in a narrow range around ¥110 in Tokyo trading Wednesday, with investors retreating to the sidelines to await a statement by the U.S. Federal Reserve following the end of its two-day Federal Open Market Committee meeting later in the day. At ...
The Bank of Japan kept its unprecedented monetary easing program unchanged on Thursday, just hours after the Federal Reserve raised its key interest rate, increasing the policy divergence between the two central banks. The BOJ said that it would keep two key rates at current ...
The dollar fell back below ¥115 in Tokyo trading on Wednesday, as market activity was quiet ahead of key events including a U.S. monetary policy decision. At 5 p.m., the dollar stood at ¥114.69-69, down from ¥115.15-16 at the same time Tuesday. The euro was ...
Stocks lost further ground on the Tokyo Stock Exchange Wednesday, weighed down by sluggish overseas equities overnight. The 225-issue Nikkei average retreated 32.12 points, or 0.16 percent, to close at 19,577.38. On Tuesday, the key market gauge lost 24.25 points. The Topix index of all first-section ...
Wall Street's top banks were unanimous on the view the Federal Reserve will increase interest rates at its policy meeting next week following a stronger-than-forecast February U.S. payrolls report, a poll showed Friday. Employers added 235,000 jobs last month, more than the 190,000 forecast among ...
U.S. employers added a robust 235,000 jobs in February and raised pay at a healthy pace, evidence that the economy remains on solid footing nearly eight years after the Great Recession ended. The unemployment rate dipped to a low 4.7 percent from 4.8 percent, the ...
The U.S. Federal Reserve's long-stalled "liftoff" of interest rates may finally get airborne this year as policymakers from Chair Janet Yellen on Friday to regional leaders across the United States signaled that the era of easy money is drawing to a close. Yellen capped off ...
