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Tokyo stocks open down 0.32 percent

A woman walks by an electronic stock board of a securities firm in Tokyo on Thursday, March 20, 2014. Asian stocks inched down Thursday after comments from the new head of the Federal Reserve suggested US interest rates could rise sooner than financial markets were anticipating.  AP FILE PHOTO

Tokyo stocks opened 0.32 percent lower on Friday after a lackluster performance on Wall Street and as the yen inched higher on upbeat data that showed Japan’s bid to reach lasting inflation was gathering steam.

Posted: March 28th, 2014 in Latest Business Stories | Read More »

Dollar firms in Asia after US growth data

The Philippines prepaid more foreign debts in 2013 than the year before, thus causing its outstanding obligations to non-Filipino creditors to decline. AP FILE PHOTO

The dollar rose in Asia Friday following better-than-forecast US growth figures, which also eased concerns about emerging markets after a heavy sell-off this week.

Posted: January 31st, 2014 in Latest Business Stories | Read More »

US dollar trade near five-year high against yen

The Philippines prepaid more foreign debts in 2013 than the year before, thus causing its outstanding obligations to non-Filipino creditors to decline. AP FILE PHOTO

The US dollar traded near a five-year high against the yen in thin Asian trade Thursday as investors began the new year with renewed optimism about the US economy.

Posted: January 2nd, 2014 in Latest Business Stories | Read More »

Dollar up against yen on hopes for US debt talks

The Philippines prepaid more foreign debts in 2013 than the year before, thus causing its outstanding obligations to non-Filipino creditors to decline. AP FILE PHOTO

The dollar rose against the yen in Asia Friday on optimism that talks between President Barack Obama and Republicans will end in a deal to raise the US debt ceiling before the government runs out of money.

Posted: October 11th, 2013 in Latest Business Stories | Read More »

Dollar sags in Asia on Syrian tension

AFP FILE PHOTO

The dollar edged down against the safe-haven yen in Asia on Tuesday due to concerns over a possible US military action against Syria.

Posted: August 27th, 2013 in Latest Business Stories | Read More »

Tokyo shares open higher on rising dollar

A woman takes a picture of electronic stock board of a securities firm in Tokyo Friday, Aug. 2, 2013. AP Photo/Koji Sasahara)

Tokyo shares opened higher on Tuesday, lifted by a strong dollar after a weak lead from Wall Street.

Posted: August 13th, 2013 in Latest Business Stories | Read More »

Japan economic growth slows in quarter

Tokyo Price Index, August 12, 2013. Screengrab from http://www.tse.or.jp/english/

Japan’s economic growth slowed in the April-June quarter, official data showed Monday, raising questions about whether Tokyo’s bid to stoke growth was taking hold and if it would launch a series of tax hikes.

Posted: August 12th, 2013 in Latest Business Stories | Read More »

Dollar falls after lackluster US jobs report

US Currency. AP Photo

The dollar skidded lower against other major currencies on Friday after the US jobs report came in weaker than expected.

Posted: August 3rd, 2013 in Latest Business Stories | Read More »

Yen edges higher in Asia

AFP FILE PHOTO

The yen edged up against the dollar in Asia Friday morning as investors adjusted their positions ahead of Japan’s upper house election.

Posted: July 19th, 2013 in Latest Business Stories | Read More »

Dollar steady in Asian trade after Fed rally

AP FILE PHOTO

The dollar was steady in Asia Friday after a rally fuelled by the US Federal Reserve’s signal that it could start reeling in its stimulus scheme this year, while worries about China’s economy spooked investors.

Posted: June 21st, 2013 in Latest Business Stories | Read More »

Yen weakens in Asian trade

AFP FILE PHOTO

The yen weakened against other major currencies in Asian morning trade on Friday as risk sentiment improved, with Tokyo stocks bouncing back following the previous day’s seven-percent plunge.

Posted: May 24th, 2013 in Latest Business Stories | Read More »

Dollar rises above 100 yen for first time in 4 years

A screen indicates the U.S. dollar against the Japanese yen, top, and Nikkei 225 index, bottom, at a foreign exchange company in Tokyo, Friday, May 10, 2013. Japan's benchmark stock index surged Friday after the dollar hit a four-year high against the yen. The Nikkei 225 index in Tokyo jumped 2.8 percent to 14,581.95 after the dollar traded above 100 yen for the first time since April 2009. Traders have been selling the Japanese currency in reaction to moves by the government of Prime Minister Shinzo Abe to stimulate the economy by pursuing super-loose monetary policy. (AP Photo/Kyodo News) JAPAN OUT, MANDATORY CREDIT

The dollar soared above 100 yen for the first time in more than four years Friday, driven by improved U.S. economic figures and Tokyo’s aggressive credit-easing that aims to revive Japan’s sluggish economy.

Posted: May 10th, 2013 in Latest Business Stories | Read More »

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