News Column

Kyodo news summary -2-

August 18, 2014



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Japan's key bond yield ends flat at 0.495% in morning

TOKYO - The yield on the bellwether 10-year Japanese government bond ended Tuesday morning flat in directionless trading following selling triggered by a rise in Tokyo stocks.

The yield on the No. 334, 0.6 percent issue, the main yardstick of long-term interest rates, ended morning interdealer trading at 0.495 percent, unchanged from Monday's close.

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Tokyo stocks rise in morning on Wall St. gains

TOKYO - Tokyo stocks ended Tuesday morning higher as investor sentiment was buoyed by the upbeat performance of U.S. shares overnight.

The 225-issue Nikkei Stock Average gained 139.98 points, or 0.91 percent, from Monday to 15,462.58. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 8.07 points, or 0.63 percent, to 1,279.33.

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Dollar holds in upper 102 yen zone awaiting U.S. data, Fed speeches

TOKYO - The U.S. dollar held firm in the upper 102 yen zone in Tokyo on Tuesday morning, as cautious anticipation of U.S. inflation data and Federal Reserve chair Janet Yellen's upcoming speech kept traders from sending the currency higher despite upbeat U.S. data.

At noon, the dollar fetched 102.60-62 yen compared with 102.51-61 yen in New York and 102.47-48 yen in Tokyo at 5 p.m. Monday.

The euro was quoted at $1.3356-3357 and 137.06-10 yen against $1.3359-3369 and 137.00-10 yen in New York and $1.3385-3387 and 137.16-20 yen in Tokyo late Monday afternoon.



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Source: Japan Economic Newswire


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