Tokyo Market

Tokyo stocks edge lower after recent gains

TOKYO (Kyodo) -- Tokyo stocks ended slightly lower Wednesday as selling to lock in recent gains outpaced buying on receded uncertainty over the course of the global economy. The 225-issue Nikkei Stock Average fell 24.04 points, or 0.14 percent, f...

  • Dollar slips farther below 118 yen on mixed U.S. data

    TOKYO (Kyodo) -- The U.S. dollar slipped farther below 118 yen Wednesday morning in Tokyo after economic data showed a fuzzy picture of the robustness of the U.S. economy before the holiday season. At noon, the dollar fetched 117.79-83 yen compar...

  • Tokyo stocks edge down in morning on profit-taking

    TOKYO (Kyodo) -- Tokyo stocks ended Wednesday morning slightly lower, weighed down by selling to lock in profits following the market's recent gains. The 225-issue Nikkei Stock Average shed 12.91 points, or 0.07 percent, from Tuesday to 17,394.71...

  • Tokyo stocks lower in early trade on selling after recent gains

    TOKYO (Kyodo) -- Tokyo stocks opened lower Wednesday, pulled down by profit-taking following the market's recent gains. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 39.62 points, or 0.23 percent, from Tuesday to 17,...

  • Dollar trades in upper 117 yen range in early Tokyo deals

    TOKYO (Kyodo) -- The U.S. dollar traded in the upper 117 yen range early Wednesday in Tokyo, down slightly from its overnight levels in New York. At 9 a.m., the dollar fetched 117.80-81 yen compared with 117.93-118.03 yen in New York and 117.94-9...

  • Japan's pension giant

    Higher stocks, weak yen boost profit

    TOKYO -- The Government Pension Investment Fund brought in 3.62 trillion yen ($30.4 billion) in investment profit in the July-September quarter, with its assets under management swelling to a record 130.88 trillion yen, according to data it released ...

  • Tokyo stocks

    Exporters rise on yen amid lack of policy news

    TOKYO -- Amid a dearth of policy-related news ahead of the lower house election, export-oriented shares are gaining momentum in the Tokyo market on the sharp weakening of the yen. The Nikkei Stock Average edged up 50 points Tuesday. But 190 compa...

  • Flying high on low crude

    Japan's airlines, shippers eye profit gains

    TOKYO -- Falling crude oil prices stand to bolster the profits of Japanese airlines and marine shippers. The price for a barrel of benchmark Dubai crude has sunk from a high of around $110 reached in June, slipping below $80 for the first time in...

  • Rising returns

    Disco could pay extra 3 billion yen in dividends next fiscal year

    TOKYO -- Disco, a Japanese chipmaking equipment specialist, will likely tap its growing cash reserves to allocate an additional 3 billion yen ($25.2 million) or so for dividend payouts next fiscal year. This would result in a roughly 85 yen jump ...

  • BOJ's bond purchases

    How long can JGB buying keep a lid on interest rates?

    TOKYO -- Interest rates on Japanese government bonds are expected to remain low for the time being thanks to strong demand, but the continued massive buying of the bonds by the Bank of Japan could eventually cause the interest rate trend to shift to ...

  • Dollar sinks below 118 yen on BOJ minutes

    TOKYO (Kyodo) -- The U.S. dollar sank below 118 yen Tuesday in Tokyo on selling prompted by the release of minutes from a recent Bank of Japan policy meeting showing concern over the negative consequences of further easing. At 5 p.m., the dollar ...

  • Long and superlong JGBs gain after BOJ buying op

    TOKYO (Dow Jones) -- Long and superlong Japanese government bonds gained Tuesday as a buying operation by the Bank of Japan underscored firm demand in the market. The Bank of Japan offered to buy a total of Y1.1 trillion in JGBs maturing in betwe...

  • Tokyo stocks rise on hopes for global economic recovery

    TOKYO (Kyodo) -- Tokyo stocks rose Tuesday, aided by investor hopes for a global economic recovery stemming from the Chinese central bank's interest rate cut and expected additional monetary easing by the European Central Bank. The 225-issue Nikk...

  • Tokyo trading hours

    TSE operator postpones nighttime trading plan

    TOKYO -- Japan Exchange Group, or JPX, decided Tuesday not to introduce nighttime trading on the Tokyo Stock Exchange. The operator of the TSE had been discussing the subject with an eye toward reaching a conclusion by the end of the year. JPX CE...

  • Dollar falls below 118 yen in morning on BOJ minutes

    TOKYO (Kyodo) -- The U.S. dollar fell quickly below 118 yen from the mid-118 yen range Tuesday morning in Tokyo after the minutes from the Bank of Japan's October meeting showed some policymakers were concerned over the side effects of monetary easin...

  • Emerging stocks

    To leave or not to leave? That is the question from TSE's Mothers

    TOKYO -- The Tokyo Stock Exchange's Mothers market for high-growth and emerging stocks is enjoying an unprecedented boom. Smartphone game developer mixi and Cyberdyne, a maker of exoskeleton suits, are among those gaining popularity. Looking clos...

  • Tokyo stocks climb in morning on China rate cut

    TOKYO (Kyodo) -- Tokyo stocks climbed Tuesday morning, supported by the Chinese central bank's interest rate cut announced last weekend. The 225-issue Nikkei Stock Average rose 66.62 points, or 0.38 percent, from Friday to 17,424.13. The broader ...

  • Tokyo stocks open higher on overnight Wall St. gains

    TOKYO (Kyodo) -- Tokyo stocks opened higher Tuesday following overnight gains on Wall Street, with the Dow Jones Industrial Average closing at a record high for the third straight trading day. In the first 15 minutes of trading, the 225-issue Nik...

  • Dollar edges up in mid 118 yen range in early Tokyo deals

    TOKYO (Kyodo) -- The U.S. dollar edged up to the mid 118 yen range early Tuesday in Tokyo. At 9 a.m., the dollar fetched 118.43-44 yen compared with 118.23-33 yen in New York at 5 p.m. Monday. Financial markets in Japan were closed Monday for a n...

  • Yamato's mission

    To deliver 9% ROE whatever it takes

    TOKYO -- Yamato Holdings will likely carry out multiple large-scale stock buybacks as it works to lift return on equity to 9% or higher by fiscal 2016. "We will use all means that are available to us," an official says of the company's determinat...