Dec 5, 2013

Tokyo, Asian nations in currency swap talks

Japan and Southeast Asian countries are in talks over expanding currency swap arrangements to help cushion their economies in financial emergencies, an official said Thursday ahead of a Japan-ASEAN summit next week. A swap is a device useful when normal foreign exchange markets seize ...

Jun 25, 2013

Japan, South Korea let more currency swaps expire

Japan and South Korea agreed to end part of their currency swap contract next month as scheduled, reducing its overall size to $10 billion from $13 billion, the Finance Ministry said Monday. The two countries “have reached the conclusion that they will not extend ...

Jul 8, 2010

Scrutinizing party goals

The Upper House election is Sunday. The election represents a chance for voters to give their verdict on the performance of the Democratic Party of Japan-led administration, which began in mid-September 2009 after a historic Lower House election ended decades of Liberal Democratic Party ...