Tag - forex

 
 

FOREX

Japan Times
BUSINESS
Oct 7, 2022
Failure to hit price goal may trigger BOJ shift, former director says
Ex-BOJ executive thinks there is a considerable chance that in a year or so the BOJ's topic of discussion will shift to when the price target can really be achieved.
BUSINESS
Oct 7, 2022
Japan's foreign reserves see record drop from market shakeup and forex intervention
Yen-buying, dollar-selling intervention has been rare in Japan which has long counted on exports of cars and electronics as a key driver of economic growth.
Japan Times
BUSINESS / Markets
Oct 6, 2022
Yen's pain is far from over and poised for worst year since 1970, poll shows
The currency's weakness is not over yet, as BOJ Gov. Haruhiko Kuroda is unlikely to reverse his long-held pledge to keep policy ultraloose anytime soon.
Japan Times
CARTOONS / DAHL'S JAPAN
Oct 1, 2022
Roger Dahl on the Bank of Japan's currency intervention
Japan Times
BUSINESS / Markets
Sep 30, 2022
Japan spent ¥2.84 trillion in September intervention to prop up yen
Despite an initial gain of more than 3.5% in the yen against the dollar, the surprise move hasn't reversed the currency's weakening trend.
Japan Times
BUSINESS
Sep 28, 2022
Taiwan central bank says it will not adopt foreign exchange control measures
The Taiwan dollar has, like other major Asian currencies, depreciated sharply in recent weeks due in part to aggressive interest rate hikes in the United States and U.S. dollar strength.
Japan Times
BUSINESS / ANALYSIS
Sep 28, 2022
Weak yen pulls Japan away from BOJ governor's radicalism
Government intervention to prop up the yen shortly after Haruhiko Kuroda made comments that led to a weakening of the currency highlights the uneasy relationship between the two.
Japan Times
BUSINESS / Markets
Sep 27, 2022
BOJ chief Haruhiko Kuroda backs intervention while stressing need for easing
The government's action last week came almost directly after the BOJ's ultralow rates stance fueled further yen weakening, triggering doubt over the authorities' unified stance.
BUSINESS
Sep 26, 2022
Japan finance chief reaffirms readiness to respond to yen speculation
The remark came after the government's decision Thursday to intervene in the currency market to stem yen weakness, by selling dollars and buying yen for the first time since 1998.
Japan Times
BUSINESS / Economy
Sep 26, 2022
Crisis level risks loom in Asia as U.S. Fed rate pressure forces yen and yuan to sink
While others are digging deep into foreign-exchange reserves to mitigate the damage, the yuan and yen's slump threatens the region's mantle as a preferred destination for risk investors.
Japan Times
BUSINESS / Economy
Sep 23, 2022
It’s every nation for itself as dollar batters global currencies
Japan has become the latest major country to step directly into the foreign-exchange fray, joining nations from India to Chile that have been tapping their dollar stockpiles.
BUSINESS / FOCUS
Sep 18, 2022
Will inbound tourism help stop the bleeding for the yen?
Some economists believe fully lifting border measures — as the government appears ready to do — will not only boost the Japanese economy, it could help stabilize the yen.
Japan Times
BUSINESS / Markets
Sep 16, 2022
Japan’s contradictory stance leaves yen at risk of further slide
This week, as the finance minister was warning he would step into markets to shore up the yen if needed, the BOJ was boosting bond purchases to keep yields low.
BUSINESS
Sep 14, 2022
Yen rallies on reports of a BOJ precursor to intervention
Japan's currency rose more than 1% to around the u00a5143 level against the dollar after falling to u00a5144.96 early in the Asian session.
Japan Times
BUSINESS / ANALYSIS
Sep 12, 2022
As yen plunges, Japan ponders how to stop it falling further
The Bank of Japan will play a key role in shaping the currency's trajectory, but the government's ability to directly intervene is limited.
BUSINESS / Markets
Sep 11, 2022
Japan must take steps against 'excessive, one-sided' yen moves, government spokesperson says
The yen has fallen to 24-year lows against the dollar as investors focus on the widening divergence between the U.S. Fed's aggressive rate hikes and the BOJ's continued ultralow rates.
BUSINESS / Markets
Sep 8, 2022
Yen dips even as Japan says all options on table over currency's slide
Japan's chief foreign exchange official sent the country's strongest warning yet on the yen's movements, but the government's policy appeared largely unchanged.
BUSINESS
Sep 7, 2022
Yen plunge worsens despite strongest government warnings yet
The renewed selloff in U.S. Treasurys this month has widened the yield gap between the U.S. and Japan, pushing the yen to a 24-year low.
Japan Times
BUSINESS / Economy
Sep 6, 2022
Yen weakens to ¥141 zone against U.S. dollar in new 24-year low
Finance Minister Shunichi Suzuki on Tuesday reiterated that sharp yen moves were 'undesirable.'
Japan Times
BUSINESS / ANALYSIS
Sep 2, 2022
Yen at ¥140 piles pressure on Japan’s unified policy front
As angst among households and businesses continues to rise over soaring energy and import costs, cracks may begin to emerge in the united front the government and BOJ have so far shown.

Longform

The byzantine process for converting a foreign driver’s license into a Japanese one entails mountains of paperwork and significant stamina — unless you're a lucky license holder from a country or region where these requirements are waived.
Driving in Japan isn’t hard. Getting the license is.