Business / Economy Dec 4, 2021
U.S. keeps Japan and China on 'monitoring list' over currency practices
The Treasury Department said that Japan and China remain on the list, but refrained from labeling any major U.S. trading partner as a manipulator.
Business Nov 5, 2021
Mystery of China’s huge dollar surplus baffles global markets
by Enda Curran
Unprecedented trade surpluses and record inflows into its bond market are giving China a stockpile of dollars unseen since the days of the "Asian savings glut."
Asia Pacific Oct 12, 2021
Plunging currency and dollar drought worsen Myanmar economic crisis
by Khine Lin Kyaw and Lilian Karununga
The plunging kyat is already taking its toll on the economy, with some businesses shutting down because they are unable to cope with rising costs of imports and raw materials.
Business / Financial Markets Sep 22, 2021
The dollar approached ¥109.60 at one point, following rebounds in Chinese stocks and premarket U.S. stock index futures.
Business / Financial Markets Sep 3, 2021
Tokyo's Topix index ends at 30-year high on Suga's departure
by Toma Mochizuki
Tokyo's broad Topix stock index ended at a 30-year high and the Nikkei surged over 2% Friday after Suga expressed his intention to resign.
Commentary / World Aug 16, 2021
Will central bank digital currencies doom dollar dominance?
by Barry Eichengreen
CBDCs are coming, but they won’t change the face of international payments and they won’t dethrone the dollar.
Business / Financial Markets Jul 16, 2021
The dollar retook ¥110.00 in Tokyo on Friday, helped by a rebound in U.S. interest rates. At 5 p.m., the dollar stood at ¥110.16 up from ¥109.76 at the same time Thursday. The euro was at $1.1801, down from $1.1835, and at ¥130.00, up from ...
Business / Financial Markets Jul 15, 2021
The dollar dropped to around ¥109.80 amid growing risk-averse sentiment in Tokyo trading Thursday. At 5 p.m., the dollar stood at ¥109.76, down from ¥110.50 at the same time Wednesday. The euro was at $1.1835, up from $1.1784, and at ¥129.90, down from ¥130.22. The dollar ...
Business / Financial Markets Jul 14, 2021
The dollar pared earlier gains to move narrowly around ¥110.50 in Tokyo trading Wednesday. At 5 p.m., the dollar stood at ¥110.50, up from ¥110.37 at the same time Tuesday. The euro was at $1.1784, down from $1.1851, and at ¥130.22, down from ¥130.79. The dollar ...
Business / Financial Markets Jul 8, 2021
The dollar slipped below ¥110 in Tokyo on Thursday for the first time since June 21 partly because safe-haven buying of the yen ballooned amid growing concerns over the novel coronavirus crisis. At 5 p.m., the dollar stood at ¥109.78, down from ¥110.63 at the ...
Business / Financial Markets Jul 5, 2021
The dollar slipped through ¥111 in Tokyo trading Monday, hit by position-squaring selling amid a dearth of trading incentives. At 5 p.m., the dollar stood at ¥110.90-94, down from ¥111.56-57 at the same time Friday. The euro was at $1.1871-1872, up from $1.1824-1824, and at ...
Business / Financial Markets Jul 2, 2021
The dollar moved on a firmer note around ¥111.60 in Tokyo trading Friday, amid a strong wait-and-see mood before the release of U.S. jobs data. At 5 p.m., the dollar stood at ¥111.56, up from ¥111.27 at the same time Thursday. The euro was at ...