Tag - currency

 
 

CURRENCY

COMMENTARY / World
May 27, 2015
The irresistible rise of the renminbi and the IMF
The IMF would be wise to include China's currency in its international reserve asset, the Special Drawing Right.
Japan Times
WORLD
May 13, 2015
Underground Railroad hero Harriet Tubman wins poll to replace Jackson on U.S. $20 bill
Twenty-dollar bills could soon be known as "Tubmans" if a grass-roots campaign succeeds in persuading President Barack Obama to remove Andrew Jackson's portrait from circulation on U.S. paper currency in favor of a famous woman in U.S. history.
WORLD
May 7, 2015
Ruble conquering east Ukraine
As a wobbly cease-fire keeps eastern Ukraine's warring factions apart, Russia's ruble is conquering new territory across the breakaway republics.
BUSINESS / Economy
May 5, 2015
South Korea fires warning shot at Japan over won-yen rate
South Korea's top currency official has fired a warning at Japan: his nation has stepped up scrutiny of the yen's tumble against the won after damage to exporter earnings.
Japan Times
BUSINESS / Economy
Mar 20, 2015
Why Japan's factories, jobs aren't coming back despite the weak yen
Crows circle around the tract of cleared land that was once Hoya Corp.'s Pentax camera plant in Mashiko, Tochigi Prefecture. All that's left is a sign directing employees to a dormitory and gymnasium, both pulled down years ago when a strong yen was driving manufacturers abroad.
BUSINESS / Economy
Mar 8, 2015
China eager to learn from Japan's economic missteps
China is poring over Japanese history for economic lessons to keep its massive economy away from the recession and deflation that has blighted Japan for 20 years.
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.
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.
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.
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.
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 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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