Tag - yen

 
 

YEN

The Bank of Japan headquarters in Tokyo on Friday
BUSINESS / Markets
Jul 28, 2023
Hawkish tone in Japan is all it takes to rattle global markets
Pain is spreading across a number asset classes as traders come to grips with the fact the last major central bank to resist restrictive policy appears to be caving in.
Investors have scooped up yen debt from issuers outside Japan, fueling the busiest July since 2018.
BUSINESS / Markets
Jul 24, 2023
Global yen bond market emerges as oasis amid Japan volatility
Investors have scooped up yen debt from issuers outside Japan, fueling the busiest July since 2018.
Nikko Asset Management is ditching its bearish view on the yen, and now has a ¥135 target against the dollar by year-end.
BUSINESS / Markets
Jul 20, 2023
Nikko Asset shifts to bullish yen slant as Ueda bides his time
The shift in his view highlights potential upside for the yen, where inflation-adjusted interest rates have exacerbated its decline to multidecade lows.
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.
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 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.
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.
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
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
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 15, 2023
Yen falls to seven-month low as traders shift focus from Fed to BOJ
The U.S. Federal Reserve signaled it may have to raise interest rates further, fueling concern that the Bank of Japan’s ultraloose policy stance will fail to anchor the yen.
BUSINESS / Economy
Jun 15, 2023
Japan and South Korea to revive currency swap pact
The two sides will seek to agree on such a pact at a meeting between their finance ministers to be held in Tokyo on June 29, sources have said.
Japan Times
BUSINESS
Jun 9, 2023
Japan and South Korea may discuss currency swap deal but caution lingers
The currency swap could be on the agenda at a bilateral finance dialogue that is expected to be held in Tokyo later this month.
Japan Times
BUSINESS
May 27, 2023
Speculators boost yen shorts to most in a year as currency slips
While the interest rate differential has underscored the divergence in monetary policy and weighed on the yen, some strategists call it undervalued and suggest a reverse in the trend.
BUSINESS / Markets
May 19, 2023
Japan stocks extend rally as Nikkei 225 hovers at 1990 high
The Nikkei stock index advanced as much as 1.2% to 30,924.57, putting the blue-chip gauge at the highest intraday level since August 1990.
Japan Times
BUSINESS
May 19, 2023
Netflix and Amazon addiction turns into ‘digital deficit’ and hassle for the yen
The deficit from spending on such services reached ¥4.8 trillion last year, almost 90% of Japan’s services account deficit.

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Juzo Itami’s “Tampopo” was released Nov. 23, 1985, and though it wasn’t a hit at the time, it has gained a cult following in the years since.
Eat, slurp, love: 'Tampopo' turns 40