Global shares slip again but yen surge pauses
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Shares slipped again on Friday on markets still raw from a global sell-off, but the yen's surge paused as the dollar took heart from healthy U.S. factory data.
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Tokyo stocks slipped early Wednesday following Wall Street's weakness. The dollar was lower against the Japanese yen, but trading higher against the euro.
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Japan's Nikkei share average slipped 0.55 percent in early trade on Monday after a weak U.S. jobs report pushed the dollar down against the yen, hurting the shares of Japanese exporters.
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The dollar slipped against the yen in  thin trade on Tuesday, but its losses were limited as investors  waited on an address by the Federal Reserve chief that is  expected to point to further rises in U.S. interest rates.
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Japanese stocks fell on the open Friday morning as the market took a breather following its sharp rally Thursday. The dollar was lower against the yen.
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Tokyo stocks inched down Wednesday morning on profit-taking from gains the day before. The US dollar was higher against the Japanese yen.
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The yen was back under pressure on  Thursday from oil prices and as market players awaited the Bank  of Japan's quarterly survey of corporate sentiment.
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Asian stock markets took a breather  on Monday with Tokyo&#39;s Nikkei slipping on fresh worries about  the economy, while the yen was steady in a session likely to be  dulled by the U.S. Labor Day holiday.
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Tokyo stocks slipped on Thursday as exporters such as Sony Corp. and Honda Motor Co. Ltd. succumbed to the weakness of the dollar against the yen and gave up some of their gains of the previous three sessions.
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Global stocks tumbled on Wednesday on fears of financial contagion spreading from troubled U.S. subprime lenders, while safe-haven government bonds and the yen firmed as risk appetite faded.
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Japanese stocks are expected to move  little on Wednesday following lackluster trading in the United  States and as investors take a breather after the Tokyo  market's recent gains.
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Hong Kong - Shares were mixed across Asia yesterday, with traders shrugging off a small rise in US interest rates. Tokyo shares ended 0.55 percent lower after they failed to hold on to early gains inspired
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The yen edged down against the dollar on  Wednesday as Japanese stock prices slid, but it remained within  striking distance of three-month highs on persistent concerns  about the health of the U.S. economy.
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The yen dropped from a six-month high against the dollar in Asia after the Nikkei 225 Stock Average fell, fueling speculation Japan&#39;s economic growth will slow.
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Tokyo stocks slipped on Thursday as  exporters such as Sony Corp. and Honda Motor Co. Ltd. succumbed  to dollar weakness against the yen, giving up some of the gains  made during in the previous three sessions.
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Tokyo stocks slipped Thursday morning as investors took profits from recent gains. The US dollar was up against the Japanese yen. The Nikkei Stock Average of 225 issues was down 36.
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Japanese stocks slipped early Wednesday, surrendering gains from two days of advancement led by renewed optimism about the nation's economic prospects. The dollar was higher against the yen.