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Associated Press Forex News

News Summary: Weak yen a help for Japan's economy

The Associated Press - AP - Wed May 22, 12:17PM CDT

BOON FOR JAPAN INC.: A steady fall in the value of the yen is proving a godsend for Japan's exporters, such as Toyota. The cheaper yen — it slipped below 100 to the U.S. dollar this month — is making their products more affordable overseas. (full story)

Weak yen a help for Japan, but headache elsewhere

By ELAINE KURTENBACH - AP - Wed May 22, 12:00PM CDT

TOKYO (AP) — A steady fall in the value of the yen is proving a godsend for exporters such as Toyota. The cheaper yen is making their products more affordable overseas. (full story)

Stocks surge as Bernanke retains dovish tone

By PAN PYLAS - AP - Wed May 22, 11:30AM CDT

LONDON (AP) — Federal Reserve Chairman Ben Bernanke's signal that monetary policy will remain loose gave stocks another lift Wednesday, paving the way for many indexes to advance to new record highs. (full story)

Japan's central bank says economy picking up

By ELAINE KURTENBACH - AP - Wed May 22, 1:10AM CDT

TOKYO (AP) — Japan's central bank says the world's third-biggest economy is "picking up" as demand recovers in other countries and remains resilient at home, though the trade deficit widened in April, for the tenth straight month. (full story)

Asia stocks rise as Fed official backs easy policy

By PAMELA SAMPSON - AP - Tue May 21, 10:24PM CDT

BANGKOK (AP) — Asian stock markets were mostly higher Wednesday after investor confidence was boosted by a Federal Reserve official's comments that the U.S. central bank should stick with its super-easy monetary policy. (full story)

Japan's trade deficit hits $8.6B due to weaker yen

By ELAINE KURTENBACH - AP - Tue May 21, 7:47PM CDT

TOKYO (AP) — Japan's trade deficit widened to a larger-than-expected 879.9 billion yen ($8.6 billion) in April as its weakening currency accentuated surging import costs. (full story)

Asia stocks muted ahead of Fed meeting

By PAMELA SAMPSON - AP - Mon May 20, 10:08PM CDT

BANGKOK (AP) — Asian stock markets struggled to post gains Tuesday as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its economic stimulus program. (full story)

Small company stock are a bright spot

By STEVE ROTHWELL - AP - Mon May 20, 5:37PM CDT

NEW YORK (AP) — Small-company stocks were a bright spot in a subdued start to the week for Wall Street. (full story)

Oil rises on falling dollar; gasoline at $3.65

By The Associated Press - AP - Mon May 20, 3:16PM CDT

NEW YORK (AP) — The price of oil rose Monday, taking its cue from the stock market and the dollar. (full story)

Stocks rise on hopeful signs for the US economy

By STEVE ROTHWELL - AP - Fri May 17, 5:29PM CDT

NEW YORK (AP) — Encouraging news about the U.S. economy extended the stock market's rally Friday. (full story)

Falling yen to make Japan's goods more affordable

By The Associated Press - AP - Fri May 17, 5:30PM CDT

Attention, bargain-hunters around the world: Japanese goods — from cars to televisions — are going on sale. (full story)

World stocks strong into the weekend

By TOBY STERLING - AP - Fri May 17, 11:42AM CDT

AMSTERDAM (AP) — World stock markets rose steadily on Friday after two key indicators suggested the U.S. economic expansion will continue. (full story)

Asia stocks mixed as holidays thin trade

By PAMELA SAMPSON - AP - Thu May 16, 10:13PM CDT

BANGKOK (AP) — Asian stock markets were mixed in holiday-thinned trading Friday as investors digested a slew of disappointing economic data and corporate results from the U.S. (full story)

Asia stocks mixed as Wall St. ignores euro gloom

By PAMELA SAMPSON - AP - Wed May 15, 10:03PM CDT

BANGKOK (AP) — Asian stock markets were mixed Thursday following dour European economic data that dampened hopes of a recovery there anytime soon. However, losses were limited by another record session on Wall Street. (full story)

Ahead of the Bell: US Industrial Production

AP - Wed May 15, 5:25AM CDT

WASHINGTON (AP) — U.S. factories likely increased their output in April after cutting back slightly in March, helped by another solid month of auto production. (full story)

Asia stocks up as US small business mood improves

By PAMELA SAMPSON - AP - Tue May 14, 10:29PM CDT

BANGKOK (AP) — Enthusiasm on Wall Street sparked by another positive report on the U.S. economy helped push most Asian stock markets higher Wednesday. (full story)

Stock market rises back into record territory

By STEVE ROTHWELL - AP - Tue May 14, 5:17PM CDT

NEW YORK (AP) — The stock market marched back into record territory Tuesday as investors seized on the latest encouraging news about the economy. This time, it was a report on the health of small businesses. (full story)

Gold prices slide as dollar rises and stocks rally

By The Associated Press - AP - Tue May 14, 4:35PM CDT

Gold extended its slump Tuesday, as a stronger dollar and surging stock market helped tug the price of the precious metal lower. (full story)

Nissan chief welcomes yen fall for luxury brand

By YURI KAGEYAMA - AP - Tue May 14, 5:32AM CDT

KAMINOKAWA-MACHI, Japan (AP) — Nissan Motor Co. President Carlos Ghosn welcomed the yen's recent decline to what he called "neutral" levels for the Japanese automaker's profitability, but said Tuesday it must drop further to be "normal." (full story)

Asia stocks rise on US retail sales gain

By PAMELA SAMPSON - AP - Mon May 13, 10:11PM CDT

BANGKOK (AP) — Asian stock markets rose Tuesday after data showed U.S. consumers revved up their retail spending last month. (full story)

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