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April 29, 2024
 

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FOREIGN EXCHANGE

JAPAN / Crime & Legal
Oct 9, 2015
Joyo Bank loan officer allegedly embezzled ¥140 million, disappeared
Joyo Bank, a regional bank based in Mito, Ibaraki Prefecture, announced Thursday that it dismissed a 46-year-old empolyee the previous day for embezzling some ¥140 million. The man is now missing.
Japan Times
COMMENTARY / World
Sep 15, 2015
The folly of China's forex policy
China should start developing stable and liquid financial markets that are not subject to official manipulation. Only then will the international community embrace the renminbi as a proper international and reserve currency.
BUSINESS / Markets
Sep 2, 2015
Dollar rebounds to 120 yen; China worries persist in forex market
The U.S. dollar recovered to the ¥120 line Wednesday in Tokyo, helped by an early rebound in Tokyo stocks, but its upside later remained capped amid falling stocks and lingering concern about the health of the Chinese economy.
Japan Times
BUSINESS / Economy
Jul 7, 2015
Abe aide says BOJ could ease more if Greece sends yen surging
The Bank of Japan could boost its monetary stimulus to address any surge in the yen triggered by the Greek crisis, though any fallout from Europe will probably be limited, said an aide to Prime Minister Shinzo Abe.
BUSINESS / Economy
Jul 2, 2015
BOJ must achieve 2% inflation target, new board member Funo says
The Bank of Japan's newest board member Yukitoshi Funo said the central bank must achieve its price target, indicating his support for Gov. Haruhiko Kuroda.
Japan Times
BUSINESS / Markets / FOCUS
May 21, 2015
Yen's stealthy depreciation disguised by resilience versus dollar
Don't be fooled by the yen's recent resilience against the dollar — it's dropping against the rest of its major peers at the fastest pace in six months.
Japan Times
BUSINESS / Markets
Apr 1, 2015
Japan investors say weakening yen key to 'Abenomics' success
Two leading investment strategists have offered a rare bullish view of the market, saying Prime Minister Shinzo Abe is achieving his goal of reviving the economy by weakening the yen, and there's more to come.
BUSINESS / Companies
Mar 26, 2015
Rakuten to buy Japan unit of U.S. currency trader FXCM
FXCM Inc., a major U.S. provider of online foreign exchange trading services announced Wednesday that it has agreed to sell its Japanese unit, FXCM Japan Securities Co., to Rakuten Securities Inc. for $62 million.
Japan Times
BUSINESS / Markets
Jan 23, 2015
Euro falls toward 11-year low as ECB targets government bonds
The euro slid toward an 11-year low against the dollar as the European Central Bank expanded its bond-buying program to include government bonds, a policy that tends to debase the currency.
BUSINESS / Markets / FOCUS
Dec 30, 2014
Yen's slump seen longest since gold standard ended
If your New Year's wish is for more yen weakness, get ready to celebrate.
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.
Japan Times
BUSINESS / Markets
Nov 26, 2014
'Mr. Yen' sees drop in exchange rate he forecast coming to an end
The 14 percent plunge in the yen since mid-year has about run its course, according to the former Finance Ministry official known as "Mr. Yen."
EDITORIALS
Nov 20, 2014
Another black eye for bankers
Bankers believe, with good cause, that they are too big to fail. The result is a belief in their own immunity and a culture of impunity that produces scandal after scandal.
Japan Times
JAPAN / Politics
Nov 11, 2014
Abe says he hopes to hold more talks with Xi
Prime Minister Shinzo Abe expressed hope Tuesday of holding further talks with Chinese President Xi Jinping and overcoming difficulties in the bilateral relationship.
Japan Times
BUSINESS / Markets
Oct 6, 2014
Kuroda to push yen toward January 2008 low, Credit Agricole predicts
The yen may drop to its weakest level versus the dollar since January 2008, spurred by comments set to be delivered Tuesday by Bank of Japan Gov. Haruhiko Kuroda, according to Credit Agricole SA.
BUSINESS / Markets
Sep 18, 2014
Dollar hits six-year high against yen on Fed rate outlook
The greenback rises to a six-year high of ¥108.87 in Tokyo, reaching levels unseen since the 2008 global financial crisis.
BUSINESS / Markets
Sep 5, 2014
Yen hits six-year low as ECB jumps on stimulus bandwagon
The yen sinks close to a six-year low after the European Central Bank announces a decision to engage in unprecedented monetary easing, weakening the euro.
Japan Times
BUSINESS / Economy
Aug 20, 2014
Exports rebound in boost for Abe's policies
Japan's exports rose more than forecast in July, bouncing back from two straight declines to support an economy that contracted last quarter by the most since the period immediately following the Great East Japan Earthquake in March 2011.
Japan Times
BUSINESS / Economy / ANALYSIS
Aug 11, 2014
Japan tallies weak yen as prices rise without export gain
It was called "endaka" — a Japanese term for currency strength that sapped the economy — and reversing it was supposed to help end deflation and stoke growth.
BUSINESS / Economy
Jul 31, 2014
IMF's Japan report sees yen at fair value but warns on reforms
The International Monetary Fund said in a report released Thursday that the yen is currently at fair values against the other major currencies.
Number of homeless in Japan hits record low
Homeless people sleep on the street in Tokyo's Shinjuku Ward in August 2021.
In Japan, regional revitalization fails to halt population decline
Sakiyama elementary school in Tamba, Hyogo Prefecture, in March .Over the past decade, the government has directed efforts toward policies designed to give young people incentives to base themselves in rural areas.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Ukraine is far from doomed
When comparing Ukraine’s military situation in 2024 to Europe’s in 1941, Russia’s defeat seems entirely possible.
When will Japan intervene to support the yen?
Finance Minister Shunichi Suzuki has reiterated the government's readiness to take an appropriate action as the yen continues to slide against the U.S. dollar.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Kyotographie's strong 12th edition shines light into the margins
Yassine Alaoui Ismaili, who goes by Yoriyas, turned to photography, shooting motion while in motion himself, after an injury forced him to give up his career as a professional breakdancer.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

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.
The story isn't over for Japan's bookstores
By Alex K.T. Martin

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