The dollar fell to a 2009 low on Friday as fears intensified that the United States could lose its triple-A rating, while renewed caution about the world economy and banks prompted Asian and European stocks to slip.
Japan's Nikkei stock average edged down 0.1 percent on Friday, with Canon Inc and other exporters hit by a stronger yen but defensive shares holding their own amid a sense the overall trend remains unchanged.
Japan's Nikkei stock average fell 1.2 percent on Friday, with Canon Inc and other exporters hit by a stronger yen as worries about U.S. debt levels grew after a credit agency warned Britain's rating could be cut.
The dollar hit its lowest in almost five months and Asian stocks slipped on Thursday after news that the Federal Reserve lowered its forecasts for U.S. economic growth for the next three years.
(Corrects Nikkei point loss in paragraph 10)
Japan's Nikkei stock average lost 1.2 percent on Thursday, with Honda Motor Co and other exporters down as the yen climbed to a 2-month high on the dollar and after the Federal Reserve cut its outlook for the U.S. economy. Tech shares fell in the wake of losses by their U.S. peers, with Sony Corp dropping 1.6 percent, despite saying it plans to halve the number of it...
Japan's Nikkei stock average lost 1.2 percent on Thursday, with Honda Motor Co and other exporters down as the yen climbed to a two-month high on the dollar after the Federal Reserve cut its outlook for the U.S. economy.
Japan's Nikkei stock average lost 1.5 percent on Thursday, with Honda Motor Co and other exporters down as the yen climbed to a 2-month high on the dollar after the Federal Reserve cut its outlook for the U.S. economy.
Japan's Nikkei stock average slipped 0.6 percent on Thursday, as the yen rose to a fresh two-month high against the dollar weighing on Toyota Motor Corp and other exporters.
World stocks rose for the fourth session in a row on Wednesday, despite overnight losses on Wall Street, lifting demand for higher-yielding currencies.
The Australian dollar and emerging market currencies slid on Wednesday as investors began to question how much longer a near three-month rally in riskier assets can last without evidence of a sustained economic recovery.
Oil prices rose above $60 a barrel on Wednesday, hitting a new six-month high, as investors awaited more U.S. oil inventory data and kept a close watch on equities for direction.
Japanese electronics group Toshiba Corp plans to end production of mobile phones in Japan around October to cut costs as demand slumps, the Nikkei business daily said on Wednesday.
Oil prices steadied above $60 a barrel on Wednesday after touching a six-month high a day earlier, as investors awaited more U.S. oil inventory data and kept a close watch on equities for direction.
Japan's Nikkei stock index rose 0.4 percent on Wednesday with trading houses up after a brokerage upgraded Mitsubishi Corp, but gains were limited as a slightly firmer yen dragged on exporters such as Honda Motor Co.
The Nikkei stock average rose 0.4 percent on Wednesday, shrugging off data showing Japan's biggest economic contraction on record, with high commodity prices buoying trading houses such as Mitsubishi Corp .
Asian shares climbed to their highest level in seven months on Tuesday on fresh hopes the global recession is easing, and oil hovered at six-month peaks as supply concerns helped buoy up prices.
Asian shares climbed to their highest level in seven months on Tuesday on fresh hopes the global recession is easing, while oil hovered at six-month peaks as supply concerns helped buoy prices.
Japan's Nikkei stock average rose 2.8 percent on Tuesday buoyed by gains in exporters such as Canon Inc after the yen retreated against the dollar.
Japan's Nikkei stock average jumped 3.2 percent on Tuesday, with Honda Motor Co and other exporters gaining after the yen retreated against the dollar.
Japan's Nikkei stock average lost 2.9 percent on Monday, briefly touching its lowest point since May 1, as Sony Corp and other exporters fell in the wake of an advancing yen.
Japan's Nikkei stock average fell 2.5 percent on Monday as exporters such as Sony Corp were hit by a stronger yen, while Panasonic Corp tumbled in the wake of a gloomy earnings forecast. Panasonic lost 7 percent after it forecast a bigger-than-expected annual loss following a record quarter of red ink battered by weak demand, price falls and restructuring costs.