Tag - currencies

 
 

CURRENCIES

Japan Times
BUSINESS / Markets
Jan 24, 2017
Treasury nominee Mnuchin keeps senators guessing about China currency stance
Treasury secretary nominee Steven Mnuchin has told senators that he will work to combat currency manipulation but did not give a clear answer on whether he currently views China as manipulating the yuan, according to a Senate Finance Committee document seen Monday.
BUSINESS / Markets
Jan 20, 2017
Treasury nominee Mnuchin rolls back Trump's comments on strong dollar
Treasury Secretary nominee Steven Mnuchin told lawmakers the long-term strength of the U.S. dollar is important and said President-elect Donald Trump's comments that the currency was too high weren't meant as a longer-run policy.
Japan Times
BUSINESS / Markets
Jan 16, 2017
Ex-currency chief Yamasaki terms Trump's silence on yen 'amazing'
Donald Trump has repeatedly made waves with emphatic tweets and striking statements, but Japan's former currency chief is more surprised about what the president-elect isn't talking about: the yen.
BUSINESS / Markets
Jan 11, 2017
Analyst who got 2016 rate right now sees yen weakening to 125
The strategist who defied Japan's biggest investors to correctly predict the yen's weakness in 2016 is forecasting more losses for the currency in the new year.
BUSINESS / Markets
Nov 28, 2016
Others now following prescient analyst who predicted yen's slide
Calling for a weaker yen was a lonely post six months ago for Royal Bank of Scotland Group PLC's Mansoor Mohi-uddin. Now the Singapore-based strategist is getting plenty of company from others who are joining him in forecasting the currency will slide to 120 per dollar.
BUSINESS / Markets
Oct 8, 2016
Volatile sterling threatens to trigger currency crisis
The pound sterling's slump to its lowest in more than 30 years against the dollar this past week in increasingly volatile trading has raised fears that Britain's exit from the European Union could yet trigger a currency crisis like those of 1967, 1976 or 1992.
BUSINESS / Markets
Sep 23, 2016
Fresh warning against excessive yen rises issued
Authorities are ready to act against excessive yen rises, the government's top spokesman said Friday, issuing a fresh warning to markets against recent yen gains that could hurt the country's export-reliant economy.
Japan Times
BUSINESS / Companies
Aug 5, 2016
Steel king NSSMC cedes crown to Arcelor as yen soars
Japan's biggest steel maker is top of the pile no more, as a resurgent yen hands a competitive advantage to overseas rivals amid an unprecedented global glut.
Japan Times
BUSINESS
Aug 5, 2016
Automakers urge Abe to act after taking ¥500 billion hit from strong yen
The automaker association asks the new Cabinet to take action in response to seesawing foreign exchange markets and the Brexit.
BUSINESS
Jul 20, 2016
IMF scraps growth forecast amid Brexit uncertainty, top economist warns against 'popular' rants against markets
The International Monetary Fund scrapped its forecast for a pickup in global growth this year, citing Britain's vote to leave the European Union, and warned the damage could worsen if confidence falters among investors and companies.
Japan Times
BUSINESS / Markets / CURRENCY MARKET
Jun 30, 2016
Nomura joins yen bulls, raises forecast 17% on Brexit
Longtime yen bear Nomura Holdings Inc. has finally bowed to the market forces that drove the currency to ¥99 per dollar for the first time since 2011.
BUSINESS / Markets / CURRENCY MARKET
Jun 20, 2016
Mr. Yen sees surge to ¥100 that may increase odds of intervention
After correctly predicting the yen's relentless march beyond ¥115, ¥110 and ¥105, former Finance Ministry official Eisuke Sakakibara now says the Japanese currency will gradually strengthen more than 4 percent toward ¥100 per dollar by the end of the year.
Japan Times
BUSINESS
Jun 16, 2016
BOJ makes contingency plans for Brexit, sees dollar squeeze a risk
Policymakers are in frequent contact with their European counterparts on how to soothe markets if Britain votes to leave the European Union, with the first line of defense aimed at preventing a shortage of dollar liquidity.
Japan Times
JAPAN / Politics
May 21, 2016
G-7 finance leaders reject coordinated action to revitalize global economy
Japan was looking to hammer out a new fiscal package in the coming months, but its push for joint global fiscal action was rejected by its more cautious peers.
BUSINESS
May 2, 2016
Australian programmer confirms he invented bitcoin
Australian tech entrepreneur Craig Wright told the BBC on Monday he was the creator of controversial digital currency bitcoin, ending years of speculation about a person who until now has gone by the pseudonym Satoshi Nakamoto.
BUSINESS
Apr 14, 2016
Japan Inc. faces biggest Abe-era profits drop on strong yen
For the past three years, Prime Minister Shinzo Abe could usually count on surging corporate earnings to back up the case that his policies were turning around Japan, but that is no more.
BUSINESS / Markets
Feb 29, 2016
Yen's biggest rally in seven years splits forecasters on what's next
Foreign-exchange forecasters are the most divided about the yen in almost a year.
BUSINESS / Markets
Feb 11, 2016
Yen surge nearly erases declines from Kuroda's 2014 easing surprise
The yen rose to about 3 percent shy of the level it was trading at before the surprise monetary easing step the Bank of Japan took in October 2014 saw it tumble. Traders are now wondering if policymakers will seek to arrest gains that threaten to undermine years of unprecedented monetary stimulus.
BUSINESS / Economy
Dec 28, 2015
Crucial week for the yen: A fourth annual loss or world's top currency
Events this week will determine whether the yen has a record fourth annual decline in 2015, or is the year's best-performing major currency.
BUSINESS / Markets
Dec 1, 2015
Four ways China flexed economic power before IMF club added the yuan
Long before the yuan was inducted into the International Monetary Fund's hall of currency fame, China had upped its game as an economic powerhouse in a variety of arenas.

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