Toyota supplier Denso mulls domestic expansion in as yen weakens

Oct 9, 2014

Toyota supplier Denso mulls domestic expansion in as yen weakens

Denso Corp. is giving Prime Minister Shinzo Abe a reason to believe his weak-yen policy will eventually boost investment by manufacturers. The parts maker, Toyota Motor Corp.’s biggest supplier, said it is considering expanding production in Japan. “It’s possible to maintain a certain level ...

Oct 9, 2014

Dovish Fed minutes reveal global slowdown worries

Federal Reserve officials stressed “patience” in waiting to raise interest rates, worrying about weaker foreign economic growth and the stronger dollar, minutes of their September policy meeting showed Wednesday. Participants at the Federal Open Market Committee meeting discussed their concerns about the stronger dollar ...

As yen gets weaker, consumers writhe

| Oct 3, 2014

As yen gets weaker, consumers writhe

by Chris Cooper

The weakening yen is starting to squeeze Japanese consumers as prices rise for everything from Burgundy wine to instant noodles, threatening Prime Minister Shinzo Abe’s plans to revive the economy. The currency slid to ¥110 to the dollar on Oct. 1, the lowest level ...

Sep 19, 2014

Dollar hits new six-year high above ¥109

The dollar jumped to a new six-year high above ¥109 in Tokyo trading on Friday as investors were relieved to learn that Scotland voted to remain in the United Kingdom. At 5 p.m., the dollar stood at ¥109.09-10, up from ¥108.54-55 at the same ...