Tokyo Market

Euro trades in 11-year low vs dollar ahead of ECB meeting

TOKYO (Kyodo) -- The euro traded at its lowest level against the dollar in 11 years on Thursday in Tokyo ahead of the European Central Bank's policy meeting, after which the bank is expected to provide details of its quantitative easing program. ...

  • Tokyo stocks end higher ahead of ECB meeting, U.S. jobs report

    TOKYO (Kyodo) -- Tokyo stocks rallied from earlier losses and ended slightly higher Thursday but lacked momentum as investors awaited an upcoming policy meeting of the European Central Bank and a report on the U.S. labor market. The 225-issue Nik...

  • JGBs off lows on relief after smooth 30-yr auction

    TOKYO (Dow Jones) -- Japanese government bond prices Thursday came off earlier lows after the market rode out 30-year bond auction without any disruptions. "Caution over the superlong bond auction had strongly persisted. But the results were not ...

  • Favorable fundamentals

    Japan stocks likely to stay strong

    TOKYO -- Japanese stocks are expected to remain steady as the next fiscal year, beginning April 1, approaches. The Nikkei Stock Average could soon top the 19,000 mark. Three favorable conditions -- strong corporate earnings, a healthy supply and ...

  • Dollar steady in upper 119 yen zone on importers' buying

    TOKYO (Kyodo) -- The U.S. dollar held steady in the upper 119 yen zone Thursday morning in Tokyo, supported by Japanese importers' buying. At noon, the dollar fetched 119.81-85 yen compared with 119.62-72 yen in New York and 119.66-67 yen in Toky...

  • Tokyo stocks rally in morning as profit-taking runs course

    TOKYO (Kyodo) --Tokyo stocks rallied from earlier losses Thursday morning as profit-taking on recent highs ran its course. The 225-issue Nikkei Stock Average rose 31.68 points, or 0.17 percent, from Wednesday to 18,735.28. The broader Topix index...

  • Tokyo stocks fall in early trading after recent highs

    TOKYO (Kyodo) -- Tokyo stocks fell in early trading Thursday as declines on Wall Street overnight made investors cautious about chasing the upside following recent highs. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell...

  • Dollar trades in upper 119 yen zone in early Tokyo deals

    TOKYO (Kyodo) --The U.S. dollar traded in the upper 119 yen zone in Tokyo early Thursday, little changed from its levels overnight in New York. At 9 a.m., the dollar fetched 119.63-64 yen compared with 119.62-72 yen in New York and 119.66-67 yen...

  • Optimism despite dip

    Foreign investors scramble for stock futures

    TOKYO -- Despite a dip Wednesday in the Nikkei Stock Average, few market players are sounding the alarm, since foreigners are frantically buying stock index futures in an apparent bid to keep up with the bull market. The index closed down more th...

  • Earnings

    Tokyo Dome's operating profit seen sliding 10%

    TOKYO -- A drop in sales of concert memorabilia is expected to undercut earnings at Tokyo Dome Corp., the stadium's operator, this fiscal year. Group operating profit for the year ending next January is seen coming in at around 10 billion yen ($8...

  • Overseas expansion

    Yakult eyes another record profit in fiscal 2015

    TOKYO -- Drink maker Yakult Honsha aims to bolster sales to 400 billion yen ($3.32 billion) and generate double-digit growth in operating profit next fiscal year, mainly through its growing business abroad, Deputy President Yoshihiro Kawabata told Th...

  • Dollar stays in upper 119 yen range ahead of U.S. economic data

    TOKYO (Kyodo) -- The U.S. dollar fluctuated narrowly in the upper 119 yen range in Tokyo on Wednesday as many market participants took a wait-and-see stance ahead of the release of U.S. employment-related data. At 5 p.m., the dollar fetched 119.6...

  • Longer-term JGBs fall before auction

    TOKYO (Dow Jones) -- Longer-term Japanese government bonds fell Wednesday as caution lingered ahead of 30-year bond auction planned Thursday. "Even though the new issue could draw some demand from investors, brokerages are not completely convince...

  • Nikkei ends at 1-week low as market lets off steam

    TOKYO (Kyodo) -- The Nikkei index ended at a one-week low Wednesday as investors let off steam from an overheated market following declines in Wall Street shares the previous day. The 225-issue Nikkei Stock Average ended down 111.56 points, or 0....

  • Tokyo stocks fall in morning on Wall St. decline, profit-taking

    TOKYO (Kyodo) -- Tokyo shares fell Wednesday morning as investor sentiment was cooled by declines in Wall Street shares the previous day and amid signs of an overheating market. The 225-issue Nikkei Stock Average shed 145.13 points, or 0.77 perce...

  • Tokyo stocks fall in early trading on Wall St. declines

    TOKYO (Kyodo) -- Tokyo stocks fell in early trading Wednesday as investor sentiment was cooled by declines in Wall Street shares the previous day. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 156.67 points, or 0.83 ...

  • Dollar trades in upper 119 yen zone in early Tokyo deals

    TOKYO (Kyodo) -- The U.S. dollar traded in the upper 119 yen zone in Tokyo early Wednesday, little changed from its levels overnight in New York. At 9 a.m., the dollar fetched 119.63-64 yen compared with 119.70-80 yen in New York and 119.78-80 ye...

  • Japanese equities

    Warning signs flash as market gains altitude

    TOKYO -- Indications that should give investors pause are starting to emerge amid the optimism pervading the stock market here. Japanese shares are seemingly defying gravity. Any dip brings out bargain hunters, as happened Tuesday, when the Nikkei...

  • On a roll

    Japan's Nitori seen logging another record profit

    TOKYO -- Nitori Holdings' group operating profit likely hit a 28th straight record high in the fiscal year ended Feb. 20, growing 5% to around 66 billion yen ($545 million), thanks to an expanded lineup of high-quality products under its own brand. ...

  • Raising funds

    Panasonic to float 400 billion yen in bonds this month

    OSAKA -- Electronics maker Panasonic will issue 400 billion yen ($3.3 billion) in straight bonds by the end of the month to redeem outstanding debt and boost investments in its auto- and housing-related businesses. The company will offer 220 bill...