| Feb 22, 2017

Dollar weaker around ¥113.40 in Tokyo

The dollar lost ground moderately to move around ¥113.40 in Tokyo trading on Wednesday, lacking a clear direction in the absence of fresh incentives. At 5 p.m., the dollar stood at ¥113.39-40, down from ¥113.53-53 at the same time Tuesday. The euro was at ...

Corporate Japan stacks up cash, skimps on pay raises

Feb 22, 2017

Corporate Japan stacks up cash, skimps on pay raises

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With profits soaring, Japanese companies’ record-breaking cash pile rises ever higher. That’s bad news for the economy, which is relying on exports to sustain a modest recovery as consumers struggle with stagnant wages. The country’s biggest economic problem is too much income flowing to ...

Feb 13, 2017

Trump-Abe rapport won't stop yen from passing 100, JPMorgan says

Prime Minister Shinzo Abe’s success in avoiding any clash over exchange rates with U.S. President Donald Trump at a summit meeting hasn’t resolved underlying conflict, according to JPMorgan Chase & Co. “We continue to think politics will be a main driver for dollar-yen this ...