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.
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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.
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.
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.
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.
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.
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.
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.
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.