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July 06, 2025
 

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MASATO KANDA

Masato Kanda, former vice finance minister for international affairs, will start his role as Asian Development Bank's president in February.
BUSINESS / Economy
Dec 6, 2024
Incoming ADB chief Kanda keeping eye on U.S. policy as Trump return looms
Any changes in tariffs, taxes and immigration restrictions in the U.S. could have a major impact on Japan and other Asian economies, he notes.
Masato Kanda, then the foreign ministry's vice minister for international affairs, speaks during a news conference in Sao Paulo in February.
BUSINESS
Nov 28, 2024
Former top Japanese currency diplomat Masato Kanda chosen as next ADB chief
Masato Kanda will be tasked to navigate the ADB through fresh challenges such as helping Asia reduce poverty and mitigate risks from climate change.
Masato Kanda, then-vice minister of finance for international affairs, in January 2022
BUSINESS
Nov 13, 2024
As pain from weak yen deepens, Japan's ex-currency chief Masato Kanda warns of action
Kanda's warning came as the Japanese currency weakened to a three-month low of near ¥155 to the dollar.
The vote of confidence in Masaso Kanda, former Japanese vice finance minister for international affairs, will be taken over a period of a month from Monday.
BUSINESS / Economy
Oct 24, 2024
Masato Kanda, former top currency diplomat, sole candidate to head ADB
A vote of confidence in 59-year-old Kanda, who was recommended by the Japanese government, will be taken over the course of a month from Monday.
Masato Kanda, Japan's former top currency diplomat, led massive bouts of yen-buying intervention in the currency markets in 2022 and 2024.
BUSINESS / Economy
Sep 10, 2024
Japan nominates ex-currency diplomat Kanda to head ADB
Since its 1966 founding, the ADB's top post has always gone to a Japanese national, making Kanda a strong candidate.
Masatsugu Asakawa, president of the Asian Development Bank, speaks during a news conference in Incheon, South Korea, on May 2, 2023.
BUSINESS
Sep 9, 2024
Asian Development Bank says president to leave in early 2025
Japan is reportedly set to back former top financial diplomat Masato Kanda as a candidate for the ADB's next president.
A monitor at a foreign exchange brokerage in Tokyo shows the yen falling below ¥161 against the dollar on Friday morning.
BUSINESS / Markets
Jun 28, 2024
Japan names new forex diplomat as yen hits 38-year low
Atsushi Mimura, a financial regulation veteran, replaces Masato Kanda, who launched the biggest yen-buying intervention on record this year.
Japan's top currency diplomat, Masato Kanda, poses for a photograph during an interview at the Finance Ministry in Tokyo in January 2022.
BUSINESS / Economy
May 25, 2024
Japan issues fresh warning on yen drops and signals readiness to intervene
The finance minister also said he was in frequent contact with overseas counterparts, particularly in the U.S., on issues including financial markets.
Masato Kanda, vice finance minister for international affairs, speaks to reporters in Tokyo on April 30.
BUSINESS / Economy
May 9, 2024
Japan’s reserves tally likely too early to reflect intervention
Officials continue to conceal whether they have taken action, forcing investors to make educated guesses about the market moves.
Masato Kanda, vice minister of finance for international affairs, reiterated the currency authorities' readiness to step into the market for speculative-driven foreign exchange moves.
BUSINESS / Markets
May 7, 2024
Japan warns of action over rapid currency moves
Comments by the government's top currency diplomat, Masato Kanda, reinforced Tokyo's readiness to intervene again to support a fragile yen.
Masato Kanda, vice finance minister for international affairs, says all options are on table after the yen fell past ¥153 to the dollar.
BUSINESS / Markets
Apr 11, 2024
Tokyo and Washington may be in sync, but the dollar-yen currency gap is growing
The yen slipped to its lowest level since 1990 — ¥153 against the dollar — while officials said they were examining their options.
Masato Kanda, vice finance minister for international affairs, is warning against speculative moves in the foreign exchange market as the yen continues to fall.
BUSINESS
Mar 25, 2024
Japan’s currency chief warns against speculative moves in market
"The current weakening of the yen is not in line with fundamentals and is clearly driven by speculation,” Masato Kanda said.
BUSINESS / Markets
Feb 29, 2024
Japan issues fresh warning against excessive yen moves
The warning by Masato Kanda, Japan's vice finance minister for international affairs, likely reflects Tokyo's desire to prevent further falls in the yen.
Masato Kanda, vice finance minister for international affairs, is closely watching how an expected end to negative interest rates in Japan affect markets.
BUSINESS / Markets
Jan 25, 2024
Top forex diplomat vigilant over market impact from BOJ stimulus exit
As vice finance minister for international affairs, Masato Kanda oversees currency policy.
Japan Times
BUSINESS
Jul 21, 2023
Japan's top financial diplomat signals chance of BOJ policy tweaks
In rare remarks on monetary policy, Masato Kanda said he expects the Bank of Japan to make a judgment on policy by analyzing the conditions and outlook for prices at every review.
Japan Times
BUSINESS / Markets
Jul 4, 2023
Tokyo in constant dialogue with U.S. and others on currencies, finance minister says
The remarks likely signal Tokyo's desire to keep the market on guard about possible currency intervention to prop up the yen, which has been hovering near ¥145 to the dollar.
Japan Times
BUSINESS / Economy
Jun 27, 2023
Official behind last year’s ¥9.33 trillion yen intervention strategy reappointed
Masato Kanda has become just the fourth official in the past three decades to serve a third year as vice finance minister for international affairs, Finance Ministry documents show.
Japan Times
BUSINESS / Economy
Feb 1, 2022
Japan's top currency diplomat says weak yen a mixed bag for economy
The boost a weak yen gives to Japan's export volumes has declined compared with the past, as manufacturers target shipments of high-end, state-of-the-art products overseas.
Japan Times
BUSINESS
Dec 3, 2021
Caution needed on ESG bonds, top Japanese finance official says
Like many countries, Japan has pledged to go net carbon neutral by 2050, but its borrowing practices differ from those in France, Germany, Italy and the United Kingdom.
Japan braces for more quakes as authorities dismiss doomsday hype
Evacuees from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecuture, arrive at Kagoshima Port on Friday.
Hidden AI prompts in academic papers spark concern about research integrity
Waseda University is one of 14 institutions in eight countries found to have used hidden prompts in research papers.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Residents of Tokara Islands begin evacuation as seismic swarm continues
Details about evacuations from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecture, is seen written on a whiteboard in the city of Kagoshima on Thursday.
U.S. military apologizes over Okinawa sexual assault case
Col. Neil Owens (right), chief of staff for the 3rd Marine Division, bows in apology at the Okinawa Prefectural Government office in Naha on Thursday.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

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