Tokyo Market

Corporate Japan aggressively issuing long bonds before rates rise

TOKYO -- Japanese companies are stepping up their issuance of long-term bonds to get their hands on cheap money while interest rates are still low. ANA Holdings issued 15 billion yen ($136 million) in 12-year bonds Thursday to roll over debt. The...

  • Auto seat maker TS Tech seen faring better than expected

    TOKYO -- Automobile seat manufacturer TS Tech is expected to exceed its earlier operating profit projection for the April-September half by about 500 million yen ($4.55 million) on lower-than-expected costs. The Honda Motor affiliate is seen post...

  • Dollar hits 6-year high vs. yen as Scotland rejects independence

    TOKYO (Kyodo) -- The U.S. dollar hit a fresh six-year high of 109.46 yen Friday in Tokyo as demand for the Japanese currency as a safe haven waned on Scotland's vote to stay in the United Kingdom. At 5 p.m., the dollar fetched 109.10-11 yen compa...

  • Nikkei ends at 6-year-and-10-month high on dollar's rise to 109 yen

    TOKYO (Kyodo) -- Tokyo stocks advanced Friday, with the Nikkei stock index ending at a nearly seven-year high, as the U.S. dollar's strength in the lower 109 yen zone boosted investor sentiment. The 225-issue Nikkei Stock Average ended up 253.60 ...

  • Dollar hits 6-yr high vs. yen as Scotland counts independence votes

    TOKYO (Kyodo) -- The U.S. dollar hit a fresh six-year high above 109 yen Friday morning in Tokyo, pushed up by the Japanese currency's sharp fall against the pound as early results suggested Scotland would vote to stay in the United Kingdom. At ...

  • Nikkei hits nearly 9-month high on weaker yen, U.S. stocks' rise

    TOKYO (Kyodo) -- Tokyo stocks soared Friday morning, with the Nikkei stock index hitting a nearly nine-month high, as investor sentiment was bolstered by the U.S. dollar's advance to the lower 109 yen zone and an overnight gain in U.S. stocks. Th...

  • Nikkei hits nearly 9-month high on overnight Wall St. gains

    TOKYO (Kyodo) -- Tokyo stocks opened higher Friday, with the Nikkei stock index hitting a nearly nine-month high, as investor sentiment was buoyed by overnight gains on Wall Street. In the first 15 minutes of trading, the 225-issue Nikkei Stock ...

  • Dollar stays in upper 108 yen zone in early Tokyo deals

    TOKYO (Kyodo) -- The U.S. dollar moved in the upper 108 yen range early Friday in Tokyo, little changed from its levels overnight in New York. At 9 a.m., the dollar fetched 108.80-81 yen compared with 108.64-74 yen in New York and 108.54-55 yen i...

  • Domestic-demand-driven shares may steal show amid weak yen

    TOKYO -- A falling yen may have helped lift the Nikkei Stock Average back above 16,000 on Thursday, but the link between a weak currency and buoyant share prices is not as clear as it once was. One takeaway from the U.S. Federal Reserve's monetar...

  • Communications, chemical issues help lift Nikkei to 8-month high

    TOKYO -- Communications, electronics and chemical shares drove Thursday's market rally, propelling the Nikkei Stock Average above 16,000 for the first time in roughly eight months, amid anticipation that the recovering U.S. economy and weak yen will ...

  • Dollar hits 6-year high of upper 108 yen on Fed guidance, eyes on Scotland vote

    TOKYO (Kyodo) -- The U.S. dollar rose to a six-year high of 108.87 yen Thursday in Tokyo after the U.S. Federal Reserve raised its projection for the trajectory of its key interest rate. At 5 p.m., the dollar fetched 108.54-55 yen compared with 1...

  • JGBs softer after Fed lays out end to bond-buying

    TOKYO (Dow Jones) -- Japanese government bonds were softer Thursday as Tokyo shares rose after the U.S. central bank took steps toward winding down its easing program. Traders said investors sold sovereign debt after the U.S. Federal Reserve ind...

  • Nikkei ends above 16,000 for 1st time in 8 months on weaker yen

    TOKYO (Kyodo) -- Tokyo stocks advanced Thursday, with the Nikkei ending above the 16,000 threshold for the first time in eight months, as export-linked shares got a boost from a weaker yen after the U.S. Federal Reserve's policy-setting meeting. ...

  • Fed's dovish jolt helps Nikkei top 16,000

    TOKYO -- Japanese stock and currency markets are getting the best of overnight statements released by the U.S. Federal Reserve. Tokyo stocks are trading sharply higher Thursday, with the Nikkei Stock Average topping the psychologically important ...

  • Dollar hits 6-year high against yen on Fed rate outlook

    TOKYO (Kyodo) -- The U.S. dollar rose to a six-year high in the upper 108 yen range Thursday morning in Tokyo after the U.S. Federal Reserve raised its outlook for the trajectory of its key interest rate. At noon, the dollar fetched 108.56-57 yen...

  • Nikkei tops 16,000 for 1st time in 8 months on firmer dollar

    TOKYO (Kyodo) -- Tokyo stocks climbed Thursday morning, with the Nikkei stock index rising above the 16,000 threshold for the first time in eight months, as the U.S. dollar's advance to the mid-108 yen zone gave a boost to exporter shares. The 22...

  • Nikkei rises above 16,000 early morning on dollar's firmness

    TOKYO (Kyodo) -- Tokyo stocks opened higher Thursday, with the Nikkei stock index rising above the 16,000 threshold for the first time in eight months on the U.S. dollar's firmness in the mid-108 yen zone, after the Federal Reserve indicated it was p...

  • Dollar at 6-year high of mid-108 yen level in early Tokyo deals

    TOKYO (Kyodo) -- The U.S. dollar traded at a six-year high around the mid-108 yen level early Thursday in Tokyo amid growing speculation that interest rate hikes in the United States may come sooner than expected. At 9 a.m., the dollar fetched 10...

  • Toshiba global TV sales seen falling 20% this fiscal year

    TOKYO -- Toshiba's worldwide television sales in the year ending March 2015 are projected to fall 20% from the prior year to around 7 million units, just half as many as at their peak. The Japanese electronics manufacturer is scaling back sales o...

  • Seven & i seen delivering fresh profit high for 1st half

    TOKYO -- Seven & i Holdings is expected to post a 167 billion yen ($1.55 billion) group operating profit for the six months ended Aug. 31, surpassing last year's record first-half result by dint of its convenience store business. Profit likely gr...