Tag - yen

 
 

YEN

Japan Times
BUSINESS / Economy / FOCUS
Jul 5, 2022
Energy crisis slams Japan as weak yen sends import costs surging
Japan imports about 90% of its energy, mostly priced in dollars, and costs were already soaring from a jump in global oil, gas and coal prices, even before the yen fell.
Japan Times
BUSINESS
Jul 4, 2022
Traders face showdown with Kuroda as BOJ policy rips every asset
Selling the yen remains one of the hottest macro trades after BOJ Gov. Haruhiko Kuroda rammed home the message at the last policy meeting in June that it's too early to cut back on stimulus.
Japan Times
BUSINESS
Jul 4, 2022
Kyoto's love-hate relationship with tourists endures as yen weakens
Attitudes in the city reflect a broader uncertainty in Japan about welcoming tourist hordes amid fears they could trigger a resurgence in COVID-19 cases.
Japan Times
COMMUNITY / How-tos
Jul 4, 2022
Weak yen woes? A strong stomach helps
As the yen keeps falling, you might feel the pressure to stray from savings basics — don't.
Japan Times
BUSINESS / Markets
Jul 2, 2022
BOJ's JGB purchases hit record high in June
The central bank purchased some u00a516 trillion of JGBs, topping the previous monthly record of about u00a511 trillion marked in November 2014, according to one estimate.
Japan Times
BUSINESS / ANALYSIS
Jul 1, 2022
As U.S. recession fears mount, Japan widens forex watch to include risk of yen spike
The stance suggests that currency-market intervention is less likely than some investors are expecting.
Japan Times
BUSINESS / Companies
Jul 1, 2022
Apple hikes iPhone and iPad prices in Japan after yen tanks
The tech giant has added as much as 25% to the cost of its mobile gadgets in the country, taking the iPhone 13's starting price up to u00a5117,800.
Japan Times
BUSINESS
Jul 1, 2022
Summer food price hikes to hit Japan
The total number of food items subject to price hikes this year has reached 15,257. The figure is highly likely to surpass 20,000 by year-end.
Japan Times
BUSINESS
Jun 24, 2022
Weak yen draws foreign buyers to Japan’s used-car market
While the import and sale of new automobiles in Russia been halted due to sanctions, Japanese law allows for the export of vehicles under the price of u00a56 million.
Japan Times
BUSINESS
Jun 23, 2022
Yen strengthens after ex-forex czar’s intervention remark
'Unilateral intervention shouldn't be eliminated as a possibility,” said Takehiko Nakao, while flagging that the hurdle for gaining support from abroad was high.
Japan Times
BUSINESS
Jun 22, 2022
BOJ debated weak yen and harm from excess moves at April meeting
The yen has plunged to a new 24-year low of u00a5136.71 per dollar, as investors are focusing on the contrast between the BOJ's ultraloose policy and the U.S. Federal Reserve's rate hikes.
BUSINESS / Economy
Jun 20, 2022
BOJ to work closely with government on yen stability, Kuroda says after meeting PM
The central bank governor said rapid yen weakening as seen recently would bring uncertainty to corporate business planning.
BUSINESS / FOCUS
Jun 17, 2022
Takeda and Nintendo among Japanese firms quietly celebrating weak yen
For Takeda Pharmaceutical, Japan's biggest drugmaker, a weaker yen helps because 80% of its sales are overseas, said the firm's CFO.
Japan Times
BUSINESS / Companies
Jun 16, 2022
Weak currency may be existential threat to iconic ¥100 shops
A weaker yen pushing up the cost of imported goods, spiking energy prices and climbing raw material costs are making it harder for operators to do business.
Japan Times
BUSINESS / Economy
Jun 16, 2022
Japan runs biggest trade deficit in more than eight years in May
The growing trade deficit underscores the headwinds the world's third-largest economy faces from a slide in the yen and surging costs of fuel and raw materials.
Japan Times
COMMENTARY / Japan
Jun 15, 2022
The yen won’t be moved by ‘90s nostalgia
The currency hit its weakest level since 1998, prompting speculation Japan might intervene again. But the world is a very different place today.
Japan Times
BUSINESS
Jun 15, 2022
Rocky days for Japan's credit market spur calls to speed up deals
Some bankers, who have long advocated for shorter marketing periods, are stepping up calls for a change.
BUSINESS
Jun 15, 2022
Weak yen and hawkish Fed put BOJ chief in tough spot
While the consensus view is that the central bank will stick with all its main policy settings this week, Kuroda risks accelerating a slide in the yen.
Japan Times
BUSINESS / Markets
Jun 14, 2022
BOJ ramps up bond buying to defend yield cap, undermining statements
The BOJ expanded bond buying on Tuesday, and offered to increase a round of purchases across the curve on Wednesday.
BUSINESS
Jun 13, 2022
Yen tumbles to lowest since 1998, sparking Kuroda warning
The yen has tumbled almost 15% this year, making it the worst-performing major currency.

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