Business Topics

| Oct 22, 2014

Dollar firms at around ¥107 in Tokyo

The dollar was firmer around ¥107 in Tokyo trading Wednesday, thanks chiefly to higher stock prices in Japan and abroad, but its topside was capped by profit-taking. At 5 p.m., the dollar was at ¥106.95-96, up from ¥106.56-57 at the same time Tuesday. The ...

| Oct 21, 2014

Dollar settles lower around ¥106.50

The dollar was weaker around ¥106.50 in late Tokyo trading Tuesday due to falls in stock prices and U.S. long-term interest rates. At 5 p.m., the dollar was at ¥106.56-57, down from ¥107.06-07 at the same time Monday. The euro was at $1.2826-2827, up ...

| Oct 21, 2014

Profit-taking pulls Nikkei down

Stocks turned lower Tuesday, pressured by profit-taking after Monday’s surge, with the Nikkei 225 average falling back below 15,000. The Nikkei lost 306.95 points, or 2.03 percent, to end at 14,804.28. On Monday, the key market gauge jumped 578.72 points, marking its sharpest rise ...

Oct 21, 2014

U.S. stocks end higher despite drag from IBM

U.S. stocks ended higher on Monday on investor hopes for a strong earnings season, but IBM’s disappointing results limited gains. Earnings reports from Halliburton, Gannett Co., and others, helped ease the worries over global growth and falling commodity prices that last week helped drive ...

| Oct 20, 2014

Greenback moves above ¥107 in Tokyo

The dollar kept rising to retake ¥107 in Tokyo on Monday as market players became less risk-averse following stronger than expected U.S. economic data. At 5 p.m., the dollar was at ¥107.06-07, up from ¥106.42-43 at the same time Friday. The euro stood at ...

| Oct 20, 2014

Nikkei rebounds, rises almost 4%

Stocks rebounded sharply Monday on the back of receding worries over the global economy, with the Nikkei 225 average topping the psychologically important 15,000 threshold for the first time in three market days. The benchmark Nikkei surged 578.72 points, or 3.98 percent, to close ...