Tokyo Market

JFE mulls new Asian capacity to process automotive sheet

TOKYO -- JFE Holdings is studying the idea of installing new processing lines for automotive steel sheet in Asia, President and CEO Eiji Hayashida revealed in an interview with The Nikkei.Hayashida took a forward-looking stance on future investments ...

  • JGBs rise after BOJ buying

    TOKYO -- Japanese government bonds rose Friday after the Bank of Japan's JGB buying earlier in the day led to tighter market conditions for superlong JGBs.The benchmark 10-year JGB yield was down 0.005 percentage point at minus 0.120% around 0600 GMT...

  • Nikkei ends at 1-month high on rising expectations for tax hike delay

    TOKYO (Kyodo) -- Tokyo stocks rose Friday, with the Nikkei index ending at a one-month high, on growing speculation that the Japanese government will postpone the consumption tax hike planned for next April.The 225-issue Nikkei Stock Average ended up...

  • Dollar stays firm in upper 109 yen zone after weak Japan CPI data

    TOKYO (Kyodo) -- The U.S. dollar remained firm in the upper 109 yen range Friday morning in Tokyo as consumer prices in Japan dropped from a year earlier for the second straight month in April, fueling expectation of additional monetary easing by the...

  • Tokyo stocks end higher in morning on growing tax hike delay bets

    TOKYO (Kyodo) -- Tokyo stocks ended higher Friday morning on growing hopes that the Japanese government will forgo a planned sales tax hike next year after Prime Minister Shinzo Abe, hosting the Group of Seven summit in central Japan, and the G-7 dec...

  • Tokyo stocks open higher on rising tax hike delay bets

    TOKYO (Kyodo) -- Tokyo stocks opened higher Friday on growing speculation that the Japanese government will delay a consumption tax hike planned next April.In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 66.18 points, or 0...

  • Dollar trades in upper 109 yen zone in early Tokyo deals

    TOKYO (Kyodo) -- The U.S. dollar traded in the upper 109 yen zone early Friday in Tokyo, almost unchanged from its overnight levels in New York.At 9 a.m., the dollar fetched 109.72-73 yen compared with 109.70-80 yen in New York and 110.02-04 yen in T...

  • Market Scramble: Foreigners fear political stagnation in Tokyo

    TOKYO -- Overseas investors are growing concerned that Japanese government policy may get stuck in the doldrums after the meeting of the Group of Seven leaders that began Thursday.Shares of infrastructure businesses advanced Thursday as investors see...

  • Earnings preview

    Park24 profit seen shifting into high gear

    TOKYO -- Park24 likely edged past its projected group pretax profit in the November-April half, setting a record for that period, thanks to fuller parking lots and the growing popularity of the Japanese company's car-sharing service.The parking facil...

  • Dollar hovers near 110 yen line as traders await G-7 discussions

    TOKYO (Kyodo) -- The U.S. dollar moved narrowly around the 110 yen line in Tokyo on Thursday as traders awaited results of discussions on the world economy at the Group of Seven summit that started the same day in Japan. At 5 p.m., the dollar fetched...

  • Long-term JGBs rise after auction, stronger yen

    TOKYO (Dow Jones) -- Long-term Japanese government bonds were higher Thursday, as strong investor appetite for 40-year JGBs at auction and a higher yen stoked demand for the safe-haven asset.The benchmark 10-year JGB yield was down 0.010 percentage p...

  • Tokyo stocks end mixed with earlier gains pared by strong yen

    TOKYO (Kyodo) -- Tokyo stocks ended mixed Thursday, as the yen's appreciation against the U.S. dollar eroded earlier gains on firm U.S. stocks overnight. The 225-issue Nikkei Stock Average ended up 15.11 points, or 0.09 percent, from Wednesday at 16,...

  • Yen soars as jittery markets await Yellen, Japan tax decision

    TOKYO (Reuters) -- The yen surged on Thursday, taking some of the wind out of the sails of the recently buoyant dollar and prompting investors to cover positions against a backdrop of potential event risks, including a speech by Federal Reserve chief...

  • Dollar briefly falls to mid-109 yen ahead of G-7 discussions

    TOKYO (Kyodo) -- The U.S. dollar briefly dropped by around half a yen to the mid-109 yen level Thursday morning in Tokyo, as traders awaited discussions on the world economy by Group of Seven leaders, who gathered in central Japan for summit talks. A...

  • Tokyo stocks rise in morning on strong U.S. stocks

    TOKYO (Kyodo) -- Tokyo stocks rose Thursday morning, with the Nikkei index hitting a roughly one-month intraday high, tracking gains on Wall Street overnight. The 225-issue Nikkei Stock Average gained 48.28 points, or 0.29 percent, from Wednesday to ...

  • Tokyo stocks open higher on strong oil prices, firm U.S. stocks

    TOKYO (Kyodo) -- Tokyo stocks opened higher Thursday, with the Nikkei index hitting a roughly one-month intraday high, as strong oil prices lifted U.S. stocks overnight. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose ...

  • Dollar trades in lower 110 yen range in early Tokyo deals

    TOKYO (Kyodo) -- The U.S. dollar traded in the lower 110 yen range in early Tokyo trading Thursday, almost unchanged from its overnight level in New York.At 9 a.m., the dollar fetched 110.11-12 yen compared with 110.14-24 yen in New York and 110.02-0...

  • Sony hits 2016 high on earnings outlook

    TOKYO -- Sony shares jumped 7.3% Wednesday to the highest so far this year after releasing relatively bullish earnings expectations for fiscal 2016.After giving back some of the gains, Sony ended the day up 6.5% at 3,072 yen. The stock was the most a...

  • Market Scramble: Short sellers shake startup stocks

    TOKYO -- Short selling by overseas hedge funds has roiled emerging companies in Japan that had soared recently, sparking concern that the speculator-led rally of recent months is ending and an exodus of money will follow.The Nikkei Stock Average rose...

  • Seibu commits to 15% minimum investor return

    TOKYO -- Rail and hotel operator Seibu Holdings will maintain a 15% minimum investor payout ratio beginning in the fiscal year ending March 2018, signaling confidence in an improved financial structure capable of generating strong earnings.The Japane...