Japanese stocks trimmed their losses as the yen resumed sliding, easing investor concerns about exporters, though worries about the health of the US economy weighed on the market.
The Nikkei 225 Stock Average was down 0.5% at market close in Tokyo, after declining as much as 3% earlier in the session. The broader Topix dropped 0.7% after falling 2.9% earlier. The yen weakened 0.5% to around 143 per dollar after data showed Japan’s economy expanded in the second quarter at a slightly slower pace than the government’s initial estimate, shedding some of the currency’s sharp gains last Friday.
Ohio-based discount chain Big Lots announced a new deal with private equity firm Gordon Brothers Retail Partners on Friday that would save hundreds of stores an
After announcing all its stores would close and a bankruptcy claim, Big Lots has struck a deal that appears to save about half of its stores.Big Lots made a sal
Big Lots! will live to see another day of reduced overstock. The discount retail chain was all set to close its stores, but o