Yen carry trade to grow once volatility ebbs, strategists say
TOKYO -- The big yen carry trade partially responsible for the selloff in Japanese stocks earlier this month will likely reemerge once volatility subsides, strategists say.
LISA KIM in asian news
Malaysia, Singapore currencies rise on tight policies before Jackson Hole
TOKYO -- Malaysia and Singapore's currencies have strengthened to 18-month highs against the dollar over the past couple of months due to their tighter central-banking policies.
Japan stocks rebound 3,217 points for their largest single-day rise
TOKYO -- Japan's benchmark Nikkei Stock Average surged 3,217.46 points on Tuesday -- its largest single-day rise -- after U.S. service sector data for July eased concerns of a recession.
Japan stocks dive 4,451 points, more than Black Monday in 1987
TOKYO -- Japan's benchmark Nikkei Stock Average recorded its worst-ever daily sell-off on Monday, losing 4,451.28 points from the previous day's closing amid panic selling triggered by fears of a possible U.S. recession and the yen's strength.
Japan stocks take largest dive since Black Monday of 1987
TOKYO -- Japan's benchmark Nikkei Stock Average on Friday recorded the second-biggest daily drop in its history, as stocks extended losses following a sell-off in New York overnight.
Japan's Nikkei average dives 3.3% as pro investors sell shares
TOKYO -- Japan's benchmark Nikkei Stock Average on Thursday recorded its largest single-day fall in eight years, as professional investors turn their attention to the adverse impact of the weak yen.
Japan's Nikkei average dives 3% as pro investors sell shares
TOKYO -- Japan's stock market rally has slowed since mid-July, and in early trade Thursday, the benchmark Nikkei Stock Averagewas down 3%, as professional investors turn their attention to the adverse impact of the weak yen.
Japan Inc. speeds unwinding of cross-held shares amid rally
TOKYO -- Japan's stock market rally makes an appealing environment for companies to unwind their cross-shareholdings, as they come under heightened pressure to improve their corporate governance.