Tokyo Market

Pedestrians holding umbrellas are reflected on an electronic board showing the graph of the recent fluctuations of Japan's Nikkei average outside a brokerage in Tokyo. © Reuters

Pre-election predictions

One more push for Japan's stocks?

TOKYO -- Market players here are heading toward the sidelines, ahead of Japan's lower house elections on Dec. 14. Meanwhile, Japanese stock and currency markets are not far off their peaks in 2007 thanks to two years of Prime Minister Shinzo Abe's ec...

  • JGBs mostly edge up as 2-year bond turns negative for first time

    TOKYO (Dow Jones) -- Japanese government bonds mostly edged up in Asia, with the yield on two-year JGBs entering negative territory for the first time ever, the latest sign of the Bank of Japan's influence on the bond market. At 0600 GMT, the yie...

  • Tokyo stocks rise as OPEC decision raises hope of lower fuel costs

    TOKYO (Kyodo) -- Tokyo shares ended higher Friday for the first time in three trading days, led by gains in airline and shipping companies' issues on falling oil prices following the Organization of Petroleum Exporting Countries' decision to refrain ...

  • Dollar firm in lower 118 yen range in morning on Japanese shares' gain

    TOKYO (Kyodo) -- The U.S. dollar rose to the lower 118 yen range Friday morning in Tokyo as market sentiment was lifted by gains in Japanese shares and the U.S. currency's upward trend overnight in London and other overseas markets following OPEC's d...

  • Tokyo stocks climb in morning on softer yen, OPEC decision

    TOKYO (Kyodo) -- Tokyo stocks climbed Friday morning on buying prompted by the U.S. dollar's rise to the 118 yen range and the Organization of Petroleum Exporting Countries' decision to maintain its production targets despite a huge oversupply. T...

  • Tokyo stocks open higher on weaker yen, OPEC decision

    TOKYO (Kyodo) -- Tokyo stocks opened higher Friday, supported by a weaker yen and hopes for a decline in companies' fuel costs following the Organization of Petroleum Exporting Countries' decision to maintain its production targets. In the first ...

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

    TOKYO (Kyodo) -- The U.S. dollar stayed firm in the upper 117 yen range early Friday in Tokyo. At 9 a.m., the dollar fetched 117.88-89 yen compared with 117.34-35 yen in Tokyo at 5 p.m. Thursday. The exchange market in New York was closed Thursda...

  • Dollar retreats to lower 117 yen as U.S. economic data disappoint

    TOKYO (Kyodo) -- The U.S. dollar retreated to the lower 117 yen level Thursday in Tokyo amid investor concern about the health of the U.S. economy following the release of weaker-than-expected consumption, housing and manufacturing data. At 5 p.m...

  • JGBs rise to new high as BOJ keeps market tight

    TOKYO -- Japanese government bonds rose in Asia on Thursday as aggressive purchasing by the Bank of Japan under its stepped-up asset-buying program continued to keep market conditions tight. At 0600 GMT, the yield on benchmark 10-year JGBs was do...

  • Tokyo stocks continue to drop on stall in yen's depreciation

    TOKYO (Kyodo) -- Tokyo stocks continued to drop Thursday as a stall in the yen's depreciation against the U.S. dollar put pressure on exporter shares. The 225-issue Nikkei Stock Average ended down 135.08 points, or 0.78 percent, from Wednesday at...

  • Dollar retreats to mid-117 yen range as U.S. economic data disappoint

    TOKYO (Kyodo) -- The U.S. dollar slipped to the mid-117 yen level Thursday morning in Tokyo amid investor worry about the health of the U.S. economy after the release of weaker-than-expected consumption, housing and manufacturing data. At noon, t...

  • Tokyo stocks fall in morning on stall in yen's depreciation

    TOKYO (Kyodo) -- Tokyo stocks fell Thursday morning as investor sentiment was dampened by a stall in the yen's depreciation against the U.S. dollar. The 225-issue Nikkei Stock Average shed 50.06 points, or 0.29 percent, from Wednesday to 17,333.5...

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

    TOKYO (Kyodo) -- The U.S. dollar traded in the upper 117 yen range early Thursday in Tokyo, almost unchanged from its overnight levels in New York. At 9 a.m., the dollar fetched 117.62-63 yen compared with 117.69-79 yen in New York and 117.74-75 ...

  • Tokyo stocks open lower on pause in yen's depreciation

    TOKYO (Kyodo) -- Tokyo stocks opened lower Thursday as the yen's decline halted, weighing on exporter issues. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 49.39 points, or 0.28 percent, from Wednesday to 17,334.19. ...

  • Dividend hikes

    Autoparts trader SPK aiming for 22-year streak

    TOKYO -- SPK plans to continue increasing its annual dividends at least until fiscal 2019, looking to achieve a 22-year streak for payout hikes. The Japanese trader of automobile parts has positioned continued dividend hikes as a key business goa...

  • Tokyo stocks

    Small-cap shares gain momentum

    TOKYO -- Stocks with relatively small market capitalizations, which had lagged behind major shares in the market rally this month, are now advancing sharply as investors shift their focus. While the 225-issue Nikkei Stock Average and the broader ...

  • JFE's growth plan

    Bolstering domestic mills with eye on doubling profit from steel

    TOKYO -- JFE Holdings aims to double its profit from the steel business by fiscal 2017 by beefing up facilities and cutting costs, a company official told The Nikkei. The company will set the goal in a medium-term plan taking effect next fiscal y...

  • Bull market

    Sinking US long rates cast shadow on optimism

    TOKYO -- Investors remain bullish here despite a pause in the market rally, with some expecting the Nikkei Stock Average to top the 20,000 mark in a year from now, but falling long-term interest rates in the U.S. could be a reason for concern. Th...

  • JX Holdings

    Chilean copper mine seen hitting pay dirt in fiscal 2015

    TOKYO -- JX Holdings' Caserones copper mine in Chile is expected to begin contributing significantly to earnings next fiscal year, adding around 40 billion yen ($339 million) to pretax profit. JX sees ore extraction and refinement at the mine rea...

  • Dollar eases in upper 117 yen on U.S. data before Thanksgiving

    TOKYO (Kyodo) -- The U.S. dollar eased in the upper 117 yen zone Wednesday in Tokyo following mixed economic data from the United States ahead of the Thanksgiving holiday. At 5 p.m., the dollar fetched 117.74-75 yen compared with 117.93-118.03 ye...