| Aug 24, 2016

Dollar firms ahead of Yellen speech

The dollar held firmer at around ¥100.30 in Tokyo on Wednesday amid muted trading ahead of a key economic event in the United States later this week. At 5 p.m., the dollar stood at ¥100.27-28, up from ¥100.10-10 the same time Tuesday. The euro ...

Aug 24, 2016

FSA extends safety net for banks, insurers ahead of Britain's EU exit

The Financial Services Agency is extending provisions that help regional financial institutions get public funds in response to risks posed by Britain’s vote to leave the European Union, sources say. The regulator, which oversees banks, securities brokerages and other financial institutions, is extending by ...

Aug 23, 2016

Government to seek ¥4.1 trillion second extra budget

The government plans to set its second supplementary budget for fiscal 2016 at ¥4.114 trillion on a general-account basis, informed sources said. The extra budget will finance a ¥28.1-trillion stimulus package compiled earlier this month. Including an extra budget for a special account for ...