Business Topics

| Aug 26, 2014

Nikkei falls back on profit-taking

Stocks retreated Tuesday, hurt by profit-taking amid a sense of caution over precariously high prices. The Nikkei 225 average ended down 92.03 points, or 0.59 percent, at 15,521.22. On Monday, the key market gauge climbed 74.06 points. The Topix lost 6.30 points, or 0.49 ...

| Aug 25, 2014

Dollar lifted on Yellen speech

The dollar advanced above ¥104 in Tokyo trading Monday, taking heart from remarks by U.S. Federal Reserve Chairwoman Janet Yellen suggesting a possible hike in the Fed’s policy rate target that could come sooner than expected. At 5 p.m., the dollar stood at ¥104.11-12, ...

| Aug 25, 2014

Nikkei bounces back on weaker yen

Stocks staged a rebound Monday, aided by a rise in export-oriented names on the back of a weaker yen. The Nikkei 225 average ended up 74.06 points, or 0.48 percent, at 15,613.25. On Friday, the key market gauge sagged 47.01 points. The Topix climbed ...

| Aug 22, 2014

Dollar down slightly ahead of weekend

The dollar eased a little in range-bound trading above ¥103.50 in Tokyo on Friday, as investors retreated to the sidelines before a key U.S. economic event and ahead of the weekend. At 5 p.m., the dollar stood at ¥103.76-76, down from ¥103.82-83 at the ...

| Aug 22, 2014

Nikkei streak ends amid overheating fears

The Nikkei failed to stretch its winning streak to a 10th trading day Friday, pressured by profit-taking selling that reflected concerns over market overheating. The 225-issue index ended down 47.01 points, or 0.30 percent, at 15,539.19 on the Tokyo Stock Exchange. On Thursday, the ...