Tag - japanese

 
 

JAPANESE

Although current FX interventions are not yet a significant concern for the U.S. Treasury market, large-scale interventions by major holders like Japan or China could pose risks in the future.
COMMENTARY
May 2, 2024
U.S. bonds brace for impact of Japan’s currency moves
Japan holds substantial dollar reserves, but if depleted, it might resort to selling U.S. bonds, though other measures would likely be considered first.
The weak yen impacts the airline industry multiple ways, as it boosts foreign currency revenue from international flights but negatively affects travelers from Japan.
BUSINESS / Companies
May 2, 2024
Japan firms reach pain threshold as yen keeps testing lows against the dollar
The currency's sustained decline makes planning difficult for all firms and can add costs across the whole supply chain.
An electronic screen in Tokyo displays the yen exchange rate against the U.S. dollar and the graph showing its recent swings, on Thursday.
BUSINESS / Markets
May 2, 2024
Yen swings stir talk that Japan is in the FX market once again
The yen advanced more than 3% and hit ¥153.04 per dollar as more than $4 billion of yen-related futures were exchanged.
Bank of Japan Gov. Kazuo Ueda holds a news conference after a policy meeting at the BOJ's headquarters in Tokyo on March 19.
BUSINESS / Economy
May 2, 2024
BOJ saw need to let markets drive yields upon March exit: minutes
The bank ended eight years of negative interest rates and its bond yield control at its March policy meeting.
Thirty years after his death, Ayrton Senna remains a revered figure among motorsports fans in Japan.
MORE SPORTS / Auto Racing
May 1, 2024
30 years on, Japan's bond with Senna remains strong
During the driver's peak, Formula One grew to a point where the sport brought a second race to Japan in 1994.
An electric screen displaying the Nikkei share average and yen exchange rate against the U.S. dollar outside a brokerage in Tokyo on Friday.
BUSINESS / Economy / ANALYSIS
May 1, 2024
For Japan Inc., the weak yen may be too much of a good thing
The currency's weakness has pushed up costs of raw materials, food and fuel.
A forest road in Nasu, Tochigi Prefecture, near the site where the burned bodies of a Tokyo couple were found last month
JAPAN / Crime & Legal
May 1, 2024
Two more suspects arrested over burned bodies found in Tochigi
Police suspect the two men, both 20, were involved in the torching of the bodies of a Tokyo businessman and his wife.
The root cause of yen weakness lies in the U.S., not Japan, with the currency falling to its weakest since around 1990.
COMMENTARY / Japan
May 1, 2024
Japan should leave its currency bazooka at home
The root cause of yen weakness lies in the U.S., not Japan. That makes the latter's options very limited.
An analysis of the Bank of Japan's accounts suggests an intervention of about ¥5.5 trillion took place on Monday to prop up the yen.
BUSINESS / Markets
May 1, 2024
BOJ accounts suggest Japan intervened to support yen
The Bank of Japan said its current account will probably fall ¥7.56 trillion — much bigger than the drop of about ¥2.1 trillion estimated.
The trial hearing of Masumi Hayashi, who denied killing four people and poisoning 63 at a festival by lacing a pot of curry with arsenic, was the focus of The Japan Times’ front page of May 14, 1999.
JAPAN / History / Japan Times Gone By
May 1, 2024
Japan Times 1999: Hayashi admits fraud, denies curry murders
The disturbing case of the Wakayama curry killer would continue for years, resulting in the eventual execution of the woman convicted of the crime.
Kirin Beverage will raise the suggested retail price of its 1.5-liter Gogo no Kocha tea product to ¥432 from ¥400.
JAPAN
Apr 30, 2024
Prices of 417 food items to go up in Japan in May
Although the figure fell for the fifth straight month, the rate of price increase averaged 31%, the highest since the monthly statistics began in 2022.
Japan's industrial production rose 3.8% in March from February, as demand picked up after two straight months of declines.
BUSINESS / Economy
Apr 30, 2024
Japan’s factory output records weakest quarter since pandemic
The yen’s plunge to a fresh 34-year low versus the dollar could spur a resurgence of cost-push inflation via higher costs for imports of food and energy.
Hikaru Sasaki enters the Metropolitan Police Department's Osaki police station in Tokyo's Shinagawa Ward on Monday after being arrested over suspected involvement in the torching of the two bodies found in Nasu, Tochigi Prefecture, earlier this month.
JAPAN / Crime & Legal
Apr 30, 2024
Another possible suspect emerges in case of torched Tochigi bodies
Police are investigating whether another figure gave orders to the man to dispose of the bodies.
Japan's government debt has grown to the equivalent of more than 250% of the nation’s economy, more than any of its peers.
BUSINESS / Economy
Apr 30, 2024
Japan’s debt dilemma may doom any FX intervention, Brooks says
The consequences have been a sharply weaker yen, which has lost more than a quarter of its value against the U.S. dollar since March 2022.
Japanese fashion designer Yumi Katsura (center) greets guests during the finale of the 2015 Yumi Katsura Grand Collection in Tokyo. Katsura has died at the age of 94.
LIFE / Style & Design
Apr 30, 2024
Yumi Katsura, a pioneer of Japan’s bridal fashion, dies at 94
Katsura developed a unique style combining Japan’s traditional techniques with French motifs throughout a career spanning over half a century.
Customers look at chocolate bars at Cacao Store, a specialist chocolate store, in Tokyo. Japan is a large market for high-value confectionery and it sources about 75% of its cocoa imports from Ghana.
BUSINESS / Markets
Apr 30, 2024
Chocoholics in Japan set for sticker shock after cocoa price surge
Crop declines in top suppliers Ivory Coast and Ghana leave buyers struggling for beans and prices more than doubling since the start of the year.
Japan's vice minister of finance for international affairs, Masato Kanda, poses for a photograph during an interview at the Finance Ministry in Tokyo in January 2022.
BUSINESS / Markets
Apr 30, 2024
Japan forex authorities ready '24 hours,' top currency diplomat Kanda says
Masato Kanda again declined to comment on whether the Finance Ministry had intervened to prop up the yen a day earlier.
The processing plant and warehouse of Minamidani Yoshie Shoten in Wajima, Ishikawa Prefecture, are seen damaged due to cracks on the ground left behind by the New Year's Day earthquake.
JAPAN / Society
Apr 29, 2024
Wajima market's youngest stallholder taps crowdfunding to preserve heritage
A woman is looking to revive her family's fish sauce business and preserve the culinary heritage of her hometown in the wake of the Noto Peninsula quake.
Hikaru Sasaki enters the Metropolitan Police Department's Osaki police station in Tokyo's Shinagawa Ward on Monday after being arrested on suspicion of disposing of two bodies found in Nasu, Tochigi Prefecture, earlier this month.
JAPAN / Crime & Legal
Apr 29, 2024
Man, 28, arrested in Okinawa over burned bodies found in Tochigi
The man is an acquaintance of the construction worker who earlier turned himself to the police over his possible involvement in the case.
The yen dropped to ¥160.245 per dollar on Monday before heading into the other direction to ¥155.01 amid speculation of an intervention by Japanese currency authorities.
BUSINESS / Markets
Apr 29, 2024
Yen rebounds strongly after first slide past ¥160 since 1990
Japan's top currency official declined to comment on Monday, when asked if authorities in Tokyo had intervened in the currency market to prop up the yen.

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A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami