Business Topics

Nov 18, 2014

Japan's recessionary slide hits stocks, oil worldwide

Data showing Japan slipped into recession in the third quarter raised concerns Monday about global economic health, hitting stocks and the price of oil. Before recovering slightly, European shares fell, and Wall Street looked set to open lower, according to index futures . The ...

| Nov 14, 2014

Greenback moves above ¥116 in Tokyo

The dollar expanded gains to rise above ¥116 in Tokyo trading on Friday, thanks chiefly to the strong performance of Japanese stocks. At 5 p.m., the dollar stood at ¥116.29-29, up from ¥115.77-78 at the same time Thursday. The euro was at $1.2450-2454, almost ...

| Nov 14, 2014

Weak yen continues to boost Nikkei

Stocks continued rising on the Tokyo Stock Exchange on Friday due partly to the yen’s weakness, with the key Nikkei average posting its best finish in about seven years and four months. The Nikkei 225 average ended up 98.04 points, or 0.56 percent, at ...

| Nov 13, 2014

Dollar rises above ¥115.50 in Tokyo

The dollar rose above ¥115.50 in Tokyo trading Thursday, aided by a stock market surge reflecting speculation that the planned consumption tax increase will be postponed. At 5 p.m., the dollar stood at ¥115.77-78, up from ¥115.27-28 at the same time Wednesday. The euro ...

| Nov 11, 2014

Greenback rises above ¥115.50 in Tokyo

The dollar rose above ¥115.50 in late trading Tuesday, thanks chiefly to a powerful stock rally triggered by growing speculation of an early general election in Japan. At 5 p.m., the dollar stood at ¥115.79-79, up from ¥114.02-02 at the same time Monday. The ...