Tokyo Market

Dollar scales 7-month high in morning on U.S. rate hike expectations

TOKYO (Kyodo) -- The U.S. dollar climbed to a seven-month high of around 104.80 yen Tuesday morning in Tokyo amid expectations of a sooner-than-expected rate hike in the United States. At noon, the dollar fetched 104.77-78 yen compared with 104....

  • Nikkei hits 1-month high in morning on weaker yen

    TOKYO (Kyodo) -- Tokyo stocks advanced Tuesday morning, with the Nikkei index hitting a one-month high as a weaker yen against the U.S. dollar gave a boost to export-oriented shares. The 225-issue Nikkei Stock Average rose 200.38 points, or 1.29...

  • Tokyo stocks open higher on weaker yen

    TOKYO (Kyodo) -- Tokyo stocks opened higher Tuesday as investor sentiment was lifted by the yen's weakness against the U.S. dollar. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 51.31 points, or 0.33 percent, from M...

  • Dollar trades at lower 104 yen zone in early Tokyo deals

    TOKYO (Kyodo) -- The U.S. dollar traded in the lower 104 yen zone in early Tokyo trading on Tuesday, up slightly from its level the previous day. At 9 a.m., the dollar fetched 104.35-36 yen compared with 104.14-16 yen in Tokyo at 5 p.m. Monday. N...

  • Top exporters may see 200 billion yen profit boost from weak yen

    TOKYO -- The yen's current weakness against the dollar could lift the combined operating profit of 20 leading Japanese exporters by 200 billion yen ($1.9 billion) in the second half of fiscal 2014. The Nikkei calculated the potential effect of th...

  • Square Enix cashes in on smartphone games, eyes growth in China

    TOKYO -- Square Enix Holdings is getting back on its feet, largely thanks to strong earnings from fee-based online and smartphone games, which the company has positioned as a main pillar of growth. The video game company climbed back into the bla...

  • Update: Tokyo stocks end higher on gains on Wall St., weaker yen

    TOKYO (Kyodo) -- Tokyo stocks ended higher Monday as investor sentiment was lifted by gains on Wall Street on Friday and the yen's weakness against the U.S. dollar. The 225-issue Nikkei Stock Average ended up 52.01 points, or 0.34 percent, from F...

  • JGBs steady despite rising Tokyo shares, falling overseas bonds

    TOKYO (Dow Jones) -- Japanese government bonds were largely steady Monday, shrugging off a pullback in U.S. and German bonds, adding to confidence of some analysts forecasting that JGBs could reach a new high in the coming months. The yield on be...

  • Tokyo stocks end higher on gains on Wall St., weaker yen

    TOKYO (Kyodo) -- Tokyo stocks ended higher Monday as investor sentiment was lifted by gains on Wall Street on Friday and the yen's weakness against the U.S. dollar. The 225-issue Nikkei Stock Average ended up 52.01 points, or 0.34 percent, from F...

  • Japan's REITs buying less property as market conditions improve

    TOKYO -- Japan's real estate investment trusts, which collect funds from investors and invest in office buildings and commercial facilities, are buying fewer properties these days. Property purchases by REITs have fallen by 40% from a year ago in the...

  • Update: Japan's April-June business investment up 3.0% despite tax hike

    TOKYO (Kyodo) -- Capital spending by Japanese companies rose 3.0 percent from a year earlier in the April-June period, despite a bearish economic outlook following the first consumption tax hike in 17 years, the government said Monday. Business i...

  • Update: Tokyo stocks edge higher in morning on gains on Wall St.

    TOKYO (Kyodo) -- Tokyo stocks edged higher Monday morning, with buying encouraged by a rise in U.S. stocks on Friday, but the upside was limited ahead of the closure of the U.S. market for a national holiday. The 225-issue Nikkei Stock Average ga...

  • Tokyo stocks edge higher in morning on gains on Wall St.

    TOKYO (Kyodo) -- Tokyo stocks edged higher Monday morning, with buying encouraged by a rise in U.S. stocks on Friday, but the upside was limited ahead of the closure of the U.S. market for a national holiday. The 225-issue Nikkei Stock Average ga...

  • Japan's April-June business investment up 3.0% despite tax hike

    TOKYO (Kyodo) -- Capital spending by Japanese companies rose 3.0 percent from a year earlier in the April-June period, suggesting the first consumption tax hike in 17 years did not significantly affect corporate investment, the government said Monday...

  • Tokyo stocks open slightly higher on gains on Wall St.

    TOKYO (Kyodo) -- Tokyo stocks opened slightly higher Monday on buying bolstered by pre-weekend gains on Wall Street. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 29.62 points, or 0.19 percent, from Friday to 15,454....

  • Dollar trades at lower 104 yen in early Tokyo deals

    TOKYO (Kyodo) -- The U.S. dollar traded in the lower 104 yen range in Tokyo early Monday, holding on to gains made on Friday in New York on a solid performance of U.S. shares. At 9 a.m., the dollar fetched 104.17-23 yen compared with 104.06-16 ye...

  • Japan April-June business investment up 3.0% on year

    TOKYO (Kyodo) -- Capital spending by Japanese firms rose 3.0 percent from a year earlier in the April-June period, the government said Monday. Business investment by all nonfinancial sectors for purposes such as building plants and introducing ne...

  • Aeon to debut LTE-compatible discount smartphone

    TOKYO -- Japanese retail giant Aeon will release a new discount smartphone Sept. 5, its third since entering the market in April and the first that meshes with LTE high-speed data communication services. The new smartphone uses a handset manufact...

  • Nonferrous, Europe-related stocks fall in Tokyo

    TOKYO -- Many nonferrous-metal and Europe-related shares had a bad Friday here as copper prices fell from rising tensions in Ukraine and the euro weakened. Leading nonferrous-metal companies dipped almost across the board. Dowa Holdings temporari...

  • Corporate Japan could take a page from Apple's playbook

    TOKYO -- Japanese companies that have seen their stock prices languish may be able to learn from the success of Apple, whose corporate ethos appears to be anchored on rewarding shareholders. The Nikkei Stock Average has declined 5% from the end o...