Business Topics

Jul 28, 2014

BofA sees China hand in Belgian Treasury binge

China is driving a jump in Belgian holdings of Treasuries and is a key reason for a plunge in yields even as the Federal Reserve trims its stimulus to support growth, according to Bank of America Merrill Lynch. The CHART OF THE DAY tracks ...

| Jul 24, 2014

Dollar inches higher to ¥101.44

The dollar was slightly firmer in Tokyo trading Thursday as stronger than expected Chinese economic data spurred dollar purchases. At 5 p.m., the dollar was quoted at ¥101.44-45, up from ¥101.37-38 at the same time Wednesday. The euro stood at $1.3472-3473, up from $1.3457-3459, ...

| Jul 24, 2014

Nikkei falls on futures-led selling

Stocks lost ground Thursday, with buying on strong Chinese economic data overshadowed by futures-led selling. The Nikkei 225 average ended 44.14 points lower at 15,284.42. On Wednesday, the key market gauge slipped 14.72 points. The Topix fell 2.53 points to close at 1,269.86 after ...

| Jul 23, 2014

Dollar drops to below ¥101.40

The dollar was slightly easier below ¥101.40 in Tokyo trading late Wednesday, with no dollar-buying factors in sight. At 5 p.m., the dollar was quoted at ¥101.37-38, down from ¥101.49-50 at the same time Tuesday. The euro stood at $1.3457-3459, down from $1.3501-3507, and ...

| Jul 23, 2014

Nikkei inches lower in thin trading

Stocks retreated slightly Wednesday, with investors sidelined ahead of the upcoming earnings reporting season. The Nikkei 225 average ended down 14.72 points at 15,328.56. The Topix fell 0.88 point to close at 1,272.39. Buying outpaced selling at the outset on the heels of an ...

| Jul 22, 2014

Greenback firmer around ¥101.50

The dollar was slightly firmer around ¥101.50 in post-holiday Tokyo trading Tuesday, supported by a rise in Japanese stock prices. At 5 p.m., the dollar was quoted at ¥101.49-50, up from ¥101.40-41 at the same time Friday. The Tokyo market was closed Monday for ...

TSE cuts tick sizes for 80 stocks

Jul 22, 2014

TSE cuts tick sizes for 80 stocks

The Tokyo Stock Exchange on Tuesday began allowing smaller price increments on shares of about 80 of Japan’s biggest companies as the bourse seeks to win back business from private trading venues. Topix 100 members whose shares cost between ¥1,000 and ¥5,000 now trade ...

| Jul 22, 2014

Stocks snap three-day losing streak

Buoyed by a weaker yen and buybacks after their recent falls, stocks snapped their three-day losing streak Tuesday. The Nikkei closed up 127.57 points at 15,343.28. On Friday, the key market gauge sagged 154.55 points. The TSE closed Monday for Sea Day. The Topix ...