| 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


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 ...