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May 15, 2024
 

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MR YEN

BUSINESS / Economy
Aug 5, 2015
Corporate earnings in Japan outshine rest of Asia amid weak yen
Japan is emerging as the star of Asia's latest earnings season, with most companies reporting higher-than-expected profit growth as businesses continue to benefit from Prime Minister Shinzo Abe's economic policies.
BUSINESS / Companies
Aug 4, 2015
Major Japanese firms post robust profit growth in April-June
Major Japanese firms posted robust year-on-year profit rises in the April-June quarter due to the yen's decline, an oil price plunge and fading adverse effects of the consumption tax hike in April 2014, according to data compiled by a major brokerage.
Japan Times
BUSINESS / Economy
Jul 8, 2015
Japan logs current account surplus for 11th straight month in May
Japan posted a current account surplus for the 11th straight month in May, as declining crude oil prices continued pushing down imports and a weaker yen boosted income from abroad, the government said Wednesday.
Japan Times
BUSINESS
Jul 3, 2015
Japan still set for 2017 tax hike despite struggling economy
The central government still plans to raise the national sales tax again in 21 months, even as the economy struggles to gain momentum following the recession caused by a hike in the levy last year.
COMMENTARY / Japan
Jun 30, 2015
Myth of currency manipulation
Japan's monetary policymakers do not seek to predict, much less control, exchange-rate movements.
BUSINESS / Economy
Jun 29, 2015
Value of household assets inflates to ¥1.708 quadrillion, thanks to BOJ strategy
Financial assets held by Japanese households came to a record high of ¥1.708 quadrillion at the end of March, up 5.2 percent from a year earlier, as a weak yen and rising share prices boosted their value, the Bank of Japan said Monday.
BUSINESS
Jun 25, 2015
BOJ's chief economist pushes for CPI changes that could boost inflation
The Bank of Japan's chief economist urged the government to adjust consumer price data to better reflect housing costs, a change he estimates would boost the inflation rate by as much as 0.2 percentage point.
Japan Times
WORLD / Crime & Legal
Jun 19, 2015
U.S.-initiated global Libor probe didn't examine yen rates until 2010, London court told
A U.S.-instigated investigation into alleged manipulation of benchmark Libor interest rates expanded from dollar rates to include yen rates only in late 2010, a London court heard on Thursday.
BUSINESS / Markets / FOCUS
Jun 16, 2015
Kuroda yen u-turn message was aimed at TPP renegades in Washington
When Bank of Japan Gov. Haruhiko Kuroda said in Tokyo last week the yen has weakened enough, his key audience was 11,000 km away in Washington.
Japan Times
BUSINESS / Markets
Jun 11, 2015
Yen rally on Kuroda comments may be fleeting, analysts say
Bank of Japan Gov. Haruhiko Kuroda's suggestion that further yen weakness is "unlikely" prompted the currency's biggest rally this year. Firms from Standard Chartered PLC to Bank of Tokyo-Mitsubishi UFJ Ltd. do not expect the gains to last.
BUSINESS / Markets
Jun 9, 2015
Sumitomo Mitsui overtakes Morgan Stanley as top yen-bond manager
Sumitomo Mitsui Financial Group Inc. is on track to be the biggest manager of yen-bond sales for the first time, suggesting its 2009 acquisition of Citigroup Inc.'s operations in the business is bearing fruit.
BUSINESS / Markets
Jun 9, 2015
Kuroda's former ally Ito sees little downside now for yen
It's hard to imagine the yen declining much further from its current lows, said a former deputy to Bank of Japan Gov. Haruhiko Kuroda when he was in charge of the nation's currency policy.
Japan Times
BUSINESS
Jun 4, 2015
Kuroda ally says yen's excessive strength now corrected
The excessive strength in the yen that damaged Japanese manufacturing in recent years has now been corrected, according to an ally of Bank of Japan Gov. Haruhiko Kuroda.
Japan Times
BUSINESS / Markets
Jun 3, 2015
Mr. Yen sees currency slide halting as Tokyo's patience wears thin
Eisuke Sakakibara, a former vice finance minister, says the Bank of Japan's acceptance of the yen's drop — and the Federal Reserve's tolerance for dollar's strength — won't last.
BUSINESS / Economy
May 29, 2015
Yen's depreciation 'not at excessive level,' economic policy minister says
Economic and fiscal policy minister Akira Amari said Friday any rapid move in foreign-exchange rates is undesirable for the economy, but added the recent sharp fall in the yen has not reached levels considered excessive.
BUSINESS / Markets
May 29, 2015
Volatile forex movements undesirable, Aso, Lew agree
The Japanese and U.S. finance chiefs agreed Thursday that volatile movements in foreign exchange markets are undesirable in the wake of the recent fall of the yen's value against the dollar to a 12½-year low.
BUSINESS / Companies
May 28, 2015
Tiffany's sales dive 30% on weakened yen, first stage of tax hike
American luxury jewelry retailer Tiffany & Co. said Thursday that sales in Japan in the February to April quarter plummeted 30 percent from a year earlier to $122 million amid a weakening yen and declining consumer spending.
Japan Times
BUSINESS / Markets / FOCUS
May 21, 2015
Yen's stealthy depreciation disguised by resilience versus dollar
Don't be fooled by the yen's recent resilience against the dollar — it's dropping against the rest of its major peers at the fastest pace in six months.
Japan Times
JAPAN
May 21, 2015
Foreign visitor arrivals to Japan hit record 1.7 million in April
Japan's tourism boom continues, with the number of foreign passenger arrivals rising to another record in April of 1,764,000, up 43.3 percent from a year earlier, a government estimate showed Wednesday.
BUSINESS
May 7, 2015
Keidanren pressures big companies to share weak-yen benefits
The nation's biggest business lobby is urging large companies to pass on the benefits of a weaker yen to their suppliers as the Abe administration seeks to relieve pressure on small firms.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Three men rearrested over brokering of overseas prostitution
A woman speaks of her experience of being sent to Macau by an overseas prostitution broker during an interview in Tokyo's Shinjuku Ward on April 8.
Ex-METI bureaucrat given 10-year sentence for drugging and raping women
The Tokyo District Court on Monday sentenced a former industry ministry bureaucrat to 10 years in prison for drugging six women with sleeping pills and then raping or groping them in 2022.
Money stolen via online transfers up fivefold in Tokyo
Special fraud cases in Tokyo in which stolen money was sent via online banking services grew some fivefold from the previous year in 2023.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
In a rare event, the Northern Lights show up in Hokkaido
The Northern Lights in Nayoro, Hokkaido, on Saturday
Is black the new green for Japan’s flagging tea farmers?
George Guttridge-Smith brews tea at Kyoto Obubu Tea Farm in Wazuka, Kyoto Prefecture, where he serves as head of international development.
Japan's logistics firms seek partnerships to cope with driver shortage
Japan Post CEO Tetsuya Senda (right) and his Seino Transportation counterpart Satoshi Takahashi announce their companies' agreement on joint long-haul truck operations, in Tokyo on Thursday.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
Unlike 10 years ago, Japan's new security bill sparks little debate
The Lower House starts discussing a security clearance bill on April 19 in Tokyo.

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