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A weaker Yen coming: Who are winners and losers?

  Anthony Fensom The Bank of Japan is determined to cheapen the currency of the world’s third-biggest economy. Who might be the winners and losers, both at home and abroad? On Friday, the yen ended trading with its first two-week decline since May on speculation of further monetary stimulus at the Bank of Japan’s (BoJ) July 29 policy meeting. Despite ...

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Tokyo shares suffer third day of losses on yen rally

  Tokyo / AFP Tokyo shares slumped for a third session on Tuesday as a rally in the yen hit exporters ahead of closely watched US and Japanese central bank meetings. Traders followed their US counterparts in selling equities, with Wall Street retreating from record highs on profit-taking and a drop in crude prices. While the Federal Reserve, which concludes ...

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Global stocks steady before US rate talks

  London / AFP European stocks tentatively rose and Wall Street was little-changed on Tuesday as investors adopted a wait-and-see approach on the eve of a US interest rate decision and oil prices weakened. London increased 0.3 percent as dealers also awaited Wednesday’s British economic growth data and a Bank of England interest rate call next week. Frankfurt stocks gained ...

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