Tag - foreign-exchange

 
 

FOREIGN EXCHANGE

BUSINESS / Markets / CURRENCY MARKET
Aug 18, 2016
Government and BOJ pledge coordination on volatile yen
In a meeting Thursday, the government and the Bank of Japan affirmed that they will cooperate on action over speculative moves in the currency market after the U.S. dollar dropped below the ¥100 line.
BUSINESS / Markets
Aug 17, 2016
BOJ firepower fizzles as currency market dares Japan to act
Traders feel the BOJ won't stand in the way of further yen strength after the currency passes 100 per dollar for the second time this year.
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.
Japan Times
BUSINESS / Economy / FOCUS
Jul 5, 2016
Japan Inc. suffers Brexit fallout as resurgent yen threatens profit outlook
Japan Inc. is already counting the cost of Brexit. The yen's extended surge after the United Kingdom voted to exit the EU has turned the outlook for a gain in annual profit to the first decline in four years.
BUSINESS
Jul 1, 2016
New BOJ member Masai warns about risks of excessive forex moves
The Bank of Japan's new board member has warned that excessive moves in foreign-exchange markets pose risks for economic activity.
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.
Japan Times
BUSINESS / Markets
Jun 24, 2016
Yen leaps on referendum surprise; Nikkei tumbles
Japan braced for global market turmoil Friday as the yen briefly soared above 100 against the dollar and the Nikkei stock average tumbled over 8 percent as Britain voted in favor of leaving the European Union.
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 / FOCUS
May 23, 2016
G-7 finance meeting reveals sharper gap on currency tactics
Two days of talks last week between finance chiefs from the world's biggest advanced economies at a hot springs resort in Sendai were marked by some of the sharpest dissonance in years between the U.S. and Japan over exchange-rate policies.
BUSINESS
May 20, 2016
Yen intervention wouldn't spur growth, Obama adviser says
The U.S., heading into a major summit of advanced economies, is warning that currency intervention by countries such as Japan won't help the cause of boosting global growth, reinforcing Obama administration pressure on the nation to avoid weakening the yen.
BUSINESS / Markets / CURRENCY MARKET
May 6, 2016
Abe vows to respond to excessive foreign exchange volatility
Prime Minister Shinzo Abe said Thursday he was ready to respond to excessive currency moves if needed, adding that he may raise the issue of foreign exchange volatility at a meeting of Group of Seven leaders in Japan later this month.
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
Apr 13, 2016
Yen bruises Hong Kong retailers that sell Japanese products
Times are tough for Hong Kong retailers. And even worse for those with links to Japan.
Japan Times
BUSINESS / Markets
Apr 12, 2016
Mr. Yen says currency may strengthen below 100 by year-end
After correctly predicting its advance beyond ¥115 and then ¥110 per dollar, Eisuke Sakakibara now says the nation's currency may strengthen to ¥100 by year-end.
BUSINESS / Markets
Feb 29, 2016
Japan conducted no forex intervention between Jan. 28 and Feb. 25
Japanese monetary authorities did not conduct any currency intervention between Jan. 28 and last Thursday, according to the Finance Ministry.
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.
Japan Times
BUSINESS
Jan 27, 2016
Chinese tourist spending under threat as yuan slides 10% against yen
Chinese tourists tumbling off buses into the Laox duty-free store in Tokyo's bustling Ginza district say the yuan's drop against the yen may make them think twice about splurging during their shopping tours.
BUSINESS / FOCUS
Jan 14, 2016
For Japan's manufacturers, yen gains are reminder of Lehman lessons
Just when Japan's employers might have thought it was safe to embrace sustained wage increases — thanks to a cheap yen and rising earnings — a turn in the exchange rate has flashed a warning signal.
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 / Economy
Dec 3, 2015
Japan Inc.'s record profit streak threatened as yen projections bottom
Japan Inc.'s currency cookie jar may be just about empty.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
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