Tag - currency-3

 
 

CURRENCY 3

COMMENTARY / World
Mar 2, 2015
Five-step plan for restoring growth to Europe
The real economic challenge in Europe is overcoming continued stagnation and rising public-sector fiscal pressures in bloated welfare states with rapidly aging populations. Restoring growth will require bold solutions to five related problems.
WORLD
Feb 26, 2015
Iran smuggles $1 billion in cash through Dubai, Turkey to dodge sanctions
At least $1 billion in cash has been smuggled into Iran as it seeks to avoid Western sanctions, a bigger figure than previously reported, Iranian officials and Western intelligence and diplomatic sources say.
WORLD
Feb 25, 2015
Islamic State using bitcoin, officials suspect
Islamic State is likely using the bitcoin virtual online currency as a tool to secretly raise funds and settle transactions, a diplomatic source said Tuesday, quoting officials in the U.S.-led coalition against the group.
Japan Times
BUSINESS / Economy
Feb 20, 2015
Kuroda ally says weak yen shouldn't stop more stimulus if needed
Concern about weakening the yen should not prevent the Bank of Japan from easing monetary policy further if necessary, said Masahiro Kawai, a university professor who has collaborated on research with Gov. Haruhiko Kuroda.
Japan Times
BUSINESS / Markets
Feb 20, 2015
China calls shots in currency war
As fears of a global currency war grow, all eyes in Asia are on whether China will devalue its currency to avert a sharper economic slowdown.
Japan Times
BUSINESS / Markets
Feb 14, 2015
Aso's yen remarks edited in website posting by Finance Ministry
Some comments made by Finance Minister Taro Aso last month on the benefits of a weaker yen are missing in an outline of his remarks posted on his ministry's website.
COMMENTARY / World
Feb 10, 2015
Is Beijing getting ready for a currency war?
China is in all likelihood about to loosen monetary policy considerably to support economic growth.
Japan Times
WORLD
Jan 26, 2015
Got a spare billion? Bankers keen to help
The growing ranks of the super rich and their increased appetite for risk have caught the eye of investment bankers.
Japan Times
BUSINESS / Markets
Jan 16, 2015
Former top currency official Gyohten sees yen's slide ending
The yen has never fallen for four straight years against the dollar, and Japan's former top currency official sees better than 50 percent odds that its currency will halt the losing streak.
BUSINESS
Jan 16, 2015
Casualties from Swiss shock spread from New York to New Zealand
Casualties mounted from the Swiss currency shock as a U.S. online brokerage said client debts threatened to push it out of compliance with capital rules and a New Zealand-based dealer went out of business.
WORLD
Jan 12, 2015
Oil glut spurs rush for supertankers to store excess at sea
Some of the world's largest oil traders have hired supertankers to store crude at sea, marking a milestone in the build-up of the global glut.
BUSINESS / Economy
Dec 27, 2014
Falling oil prices pushing Russia toward recession
Slumping oil prices have put Russia's economy on course for a sharp recession next year, Finance Minister Anton Siluanov said Friday, as authorities scaled up their bailout for the first bank to succumb to the recent ruble crisis.
WORLD
Dec 23, 2014
Russia in grips of 'full-fledged economic crisis,' ex-minister says
Russia's government has pushed the country into an economic crisis by not tackling its financial problems fast enough, former finance minister Alexei Kudrin said on Monday, as evidence mounted of trouble spreading through the economy.
BUSINESS
Dec 17, 2014
Ruble collapse could shake Putin's grip on power
Russia failed to halt the collapse of the ruble on Tuesday, leaving President Vladimir Putin facing a full-blown currency crisis that could weaken his iron grip on power.
Japan Times
BUSINESS / Markets
Dec 5, 2014
Yen reaches 120 to dollar for first time since July 2007
The yen-dollar exchange rate hits 120 for the first time since July 2007 as Japan's inflation scheme and a tax hike delay highlight its economic risks.
BUSINESS / Economy
Dec 5, 2014
Bankruptcies caused by weakening yen set new record in November
Corporate bankruptcies linked to the yen's slide hit a new record in November, highlighting the strains on small and midsize companies as Prime Minister Shinzo Abe campaigns for re-election on his deflation-busting economic strategy.
Japan Times
COMMENTARY / Japan
Nov 10, 2014
GOP takeover could mean trouble for Japan
Perhaps no one in Asia is happier than Prime Minister Shinzo Abe and his ruling Liberal Democratic Party to see Republicans take over control of the U.S. Congress. In fact, Japan's plummeting currency and the Trans-Pacific Partnership trade deal put Abe in a tough corner.
Japan Times
BUSINESS / Markets / ANALYSIS
Oct 11, 2014
Russians keep calm for now as ruble's slide gathers pace
With the ruble down 18 percent against the dollar this year and sanctions chipping away at economic ties with the West, ordinary Russians might be forgiven for rushing to put their money in a "safe" foreign currency.
BUSINESS / Markets
Sep 19, 2014
Independence-minded Scots spur signs of life in currency trading
Secession-minded Scots and diverging interest-rate outlooks have benefited at least one part of financial markets. They have eased the recent drought in currency trading with some platforms witnessing record volumes.
BUSINESS / Markets
Sep 17, 2014
Sakakibara sees yen at 110 per dollar, hurting Japanese growth
The yen will fall to 110 per dollar as early as this year, hurting Japan's economy as wages lag behind inflation driven by higher import costs, former Finance Ministry official Eisuke Sakakibara said.

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