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The dollar rose above ¥113 in Tokyo trading on Friday, thanks chiefly to real demand-backed buying. At 5 p.m., the dollar stood at ¥113.06-07, up from ¥112.86-87 at the same time Thursday. The euro was at $1.1162-1163, up from $1.1157-1157, and at ¥126.20-21, up from ¥125.93-94. After moving around ¥112.70-80 ...

Helicopters dropping money in the streets: it’s a vivid metaphor for a drastic form of central bank stimulus that is gaining attention as a possible way to help the global economy out of its malaise. The idea of “helicopter money” is straightforward: central banks would create new cash and give ...

By selling commercial paper at negative interest rates, a Japanese leasing company will get paid enough money to buy a bottle of Dom Perignon Rose Vintage 2004 if it wants. Sumitomo Mitsui Finance & Leasing Co., a unit of the nation’s second-biggest lender by market value, is set to become ...

Stocks turned higher on the Tokyo Stock Exchange Friday backed by the yen’s easing against the dollar, enabling the benchmark Nikkei average to retake 17,000. The 225-issue Nikkei average gained 110.42 points, or 0.65 percent, to end at 17,002.75. On Thursday, the key market gauge lost 108.65 points. The Topix ...

Financial assets held by Japanese households hit a record high ¥1,741 trillion ($15.5 trillion) at the end of December, as stocks gained after sell-offs and consumers increased their cash and deposits, data by the Bank of Japan showed Friday. The figure, marking a 1.7 percent increase from a year earlier, ...

Prices in Japan did not rise in February, reinforcing just how far the nation remains from reaching the Bank of Japan’s 2 percent inflation goal. Consumer prices excluding fresh food didn’t budge for a second consecutive month, as forecast. Stripping out energy and food costs, the gauge rose 0.8 percent ...

The nation’s biggest trading companies, stalwarts of the economy, expect to book combined writedowns of at least ¥970 billion ($8.6 billion) as ill-timed investments in commodities ranging from shale gas to copper mines erode profitability. The writedowns for the year ending March underscore the predicament the sogo shosha (general trading ...

Mazda Motor Corp.’s MX-5 sports car, known as the Roadster in Japan, won the 2016 World Car of the Year award at the New York International Auto Show on Thursday, the World Car Steering Committee said. The two-seat, fourth-generation convertible was crowned for being a fun-to-drive car that is almost ...

Line Corp., which offers a popular mobile message and online voice-call service, is entering the mobile carrier business in Japan, promising to underprice competition as it grows its platform for news, music, games, live streaming and online shopping. Tokyo-based Line, founded five years ago, already has a billion global registered ...