Foreign visitor arrivals to Japan hit record 1.7 million in April

May 21, 2015

Foreign visitor arrivals to Japan hit record 1.7 million in April

Japan’s tourism boom continues, with the number of foreign passenger arrivals rising to another record in April of 1,764,000, up 43.3 percent from a year earlier, a government estimate showed Wednesday. The record high for a third straight month, topping 1,526,000 arrivals in March, ...

May 5, 2015

South Korea fires warning shot at Japan over won-yen rate

South Korea’s top currency official has fired a warning at Japan: his nation has stepped up scrutiny of the yen’s tumble against the won after damage to exporter earnings. “Korean companies face bigger difficulties this year than last,” said Song In-chang, the South Korean ...

Apr 14, 2015

IMF raises Japan's growth forecast to 1% for 2015

The International Monetary Fund said Tuesday it nudged up its economic growth projection for Japan in 2015 by 0.4 point to 1.0 percent in real terms, mainly thanks to the yen’s weakness and lower crude oil prices. Japan’s economy is expected to pick up ...

| Apr 9, 2015

Dollar firms above ¥120 line in Tokyo

The dollar was firmer above ¥120 in Tokyo trading Thursday, after the minutes of the U.S. Federal Reserve’s March policy-setting meeting strengthened the prospect of the Fed starting raising interest rates at some point this year. At 5 p.m., the dollar stood at ¥120.27-27, ...

Apr 6, 2015

Japanese overseas M&As hit record levels in fiscal 2014

Japanese companies’ mergers and acquisitions overseas hit record levels both in number and value in fiscal 2014, which ended Tuesday, M&A consulting firm Recof Corp. said. Despite the yen’s weakness, which makes Japanese overseas acquisitions expensive, companies rich in cash due to improved earnings ...

| Apr 6, 2015

Dollar fall pauses around ¥119

The dollar moved tightly around ¥119 in Tokyo trading Monday, taking a breather from a nearly ¥1 dive overseas in the wake of a disappointing U.S. jobs report Friday. At 5 p.m., the dollar was at ¥118.98-99, down from ¥119.63-64 the same time Friday. ...