Jul 8, 2013

Mergers at nine-year low amid yen volatility

Japanese companies made fewer acquisitions during the calendar first half than they have in a decade as buying interest was cooled by the yen’s volatility. The number of deals announced in the first six months of 2013 was 997, with a total value of ...

Weaker yen helps, hurts travel industry

May 29, 2013

Weaker yen helps, hurts travel industry

The weak yen has impacted the nation’s travel industry both positively and negatively, with the number of foreign travelers to Japan rising but the number of Japanese traveling abroad falling. Foreign visitors to Japan in January-April jumped 18.0 percent from a year earlier to ...

May 29, 2013

BOJ has room for more stimulus, top Abe adviser says

Koichi Hamada, a retired Yale University professor advising Prime Minister Shinzo Abe, says the Bank of Japan can add to already unprecedented stimulus if necessary to drive an economic revival. BOJ Gov. Haruhiko Kuroda “should continue to trust in his judgment and ease further” ...

May 21, 2013

Yen climbs after Amari warning

The yen climbed versus a majority of its 16 major peers after economy minister Akira Amari said further losses in the currency would negatively affect the people, and the government’s job is to minimize that. The yen retreated from near its weakest point in ...