Business / Financial Markets Feb 10, 2015

Japan, U.S. finance ministers discuss forex

U.S. Treasury Secretary Jack Lew and Finance Minister Taro Aso on Monday reaffirmed the importance of ensuring monetary policy is not aimed at manipulating exchange rates, the U.S. government said. The Group of Seven (G-7) finance chiefs in the past agreed monetary measures should be ...

Business / Corporate Jan 29, 2015

Shikoku shipbuilder to build first new dock in 16 years

Imabari Shipbuilding Co. said Thursday it will invest around ¥40 billion to build its first new dock in 16 years because the weaker yen has improved its competitiveness. The dock will be completed by October 2016 in Marugame, Kagawa Prefecture, to build 11 huge container ...

National Feb 3, 1996

Keidanren's Toyoda changes stance on forex

Shoichiro Toyoda, chairman of the Japan Federation of Economic Organizations (Keidanren), said Feb. 3 an exchange rate of between 110 yen and 120 yen to the dollar would be appropriate, revising his previous acceptance of a higher yen. "I had been saying last year that ...