Tag - mr-yen

 
 

MR YEN

Japan Times
BUSINESS / FOCUS
Jul 23, 2023
Markets skeptical whether BOJ will change ultraloose policy
After decades fighting deflation, the BOJ wants robust wage growth and a stable inflation rate of 2%, fearing that tightening monetary policy too soon could backfire.
Japan Times
BUSINESS
Jul 22, 2023
Japan to see price hikes on 35,000 food and drink items by end of 2023
The total, including the hikes in coming months, already eclipses the 2022 total of 25,768 items, Teikoku Databank Ltd. said in its report in mid-July.
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
Jul 12, 2023
Yen strengthens through ¥140 as bulls bet on turning point
Predictions that the yen was poised for a 10% rally as Japan relented on its ultradovish monetary policy have yet to pan out, but signs that the currency is at a turning point are mounting.
Japan Times
BUSINESS
Jul 10, 2023
Japan's May current account surplus doubles to ¥1.86 trillion
Exports, a key driver of the Japanese economy, marked their first year-on-year drop in 27 months amid fewer shipments to China and concern about slowing global economic growth.
Japan Times
BUSINESS
Jul 7, 2023
Bank of Japan deputy chief doesn't anticipate rate hikes in near future
The deputy also said 'rapid and one-sided' yen weakening is not desirable and the BOJ will coordinate closely with the government, adding to recent warnings by Japanese authorities.
Japan Times
BUSINESS
Jul 5, 2023
Fund that beat 99% of peers by betting on China shares is shifting to booming Japan
Midas International Asset Management is betting on Japanese technology firms and companies bolstered by the economy’s reopening.
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
Jun 30, 2023
Food price hikes in Japan this year are already topping 2022
Bread products, in particular, are set to see price rises in July after the government raised the price of imported wheat.
Japan Times
BUSINESS / Markets
Jun 30, 2023
Warren Buffett points the way, but other trends upping Japan’s investment appeal
A weak yen, renewed efforts to lift corporate value and geopolitical tensions are all playing a role in foreign investors' reassessment of Japan.
Japan Times
BUSINESS
Jun 30, 2023
Yen weakens to ¥145 per dollar, nears 2022 intervention level
Last year, the currency’s slide toward ¥146 triggered intervention, and in the buildup to that there were repeated official warnings.
Japan Times
BUSINESS
Jun 28, 2023
Weak yen now the key to stronger currency and BOJ pivot later
An extended period of weakness could counterintuitively lay the ground for long-run strength should it help the BOJ boost growth and finally pivot from supereasy monetary policy.
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
Jun 26, 2023
Japan finance chief issues warning against yen's fall
Asked about authorities stepping into the foreign exchange market, Japan's top currency diplomat said that 'No options are ruled out.'
Japan Times
BUSINESS / Markets / FOCUS
Jun 25, 2023
BOJ in spotlight as yen fall may prove a debilitating blow to Japan
Consumers are feeling the lagging effects of the yen's precipitous fall since last year, as companies continue to pass on higher import costs to consumers.
Japan Times
JAPAN
Jun 24, 2023
Japan to issue new banknotes in July 2024, marking first renewal in 20 years
The new ¥10,000 note will feature Eiichi Shibusawa, known as 'the father of Japanese capitalism,' while educator Umeko Tsuda will grace the ¥5,000 note.
Japan Times
JAPAN
Jun 21, 2023
Japan sees 1.9 million visitors in May, down from cherry blossom rush
Travelers from China, previously Japan's biggest tourist segment and the lifeblood of many retailers, grew 24% to 134,400 in June, though still far below 2019 levels.
Japan Times
BUSINESS / Markets
Jun 20, 2023
Japan watching forex moves closely amid yen's fall, finance chief says
Finance Minister Shunichi Suzuki said the country will maintain close communication with the United States and other nations, and take 'appropriate' steps regarding currency policy.
Japan Times
BUSINESS / Markets
Jun 20, 2023
Gold prices at record highs near ¥10,000 per gram
Gold, regarded as a safe-haven asset in times of emergencies and inflation, has been increasingly attracting demand.
Japan Times
BUSINESS / Markets
Jun 16, 2023
Tokyo stocks end at 33-year highs after BOJ keeps ultralow rates in place
The 225-issue Nikkei stock average ended up 220.59 points, or 0.66%, from Thursday at 33,706.08, its highest close since March 9, 1990, when Japan was experiencing an asset price bubble.

Longform

High-end tourism is becoming more about the kinds of experiences that Japan's lesser-known places can provide.
Can Japan lure the jet-set class off the beaten path?