Tag - currencies

 
 

CURRENCIES

Finance Minister Shunichi Suzuki
BUSINESS / Markets
Aug 16, 2023
Yen option traders unfazed by risk of intervention from Japan
Option traders see little likelihood of intervention even if the yen weakens to ¥145.90 against the dollar.
People buy food at stalls promoting China's digital yuan, or e-CNY, during the 2022 China International Fair for Trade in Services in Beijing in September 2022.
BUSINESS / Markets
Aug 10, 2023
With blockchain 'bridge', China challenges U.S. dollar dominance
A Beijing-backed digital prototype for sending money around the world without relying on U.S. banks is advancing quickly.
Eisuke Sakakibara, former top finance official, says Japanese authorities are unlikely to intervene in foreign exchange markets to prop up the yen.
BUSINESS
Aug 7, 2023
Japan's 'Mr. Yen' Sakakibara expects no intervention
The yen has fallen around 14% since the Fed began rapidly raising rates to combat soaring inflation in March 2022.
Japan Times
BUSINESS / ANALYSIS
Jul 14, 2023
Tumbling U.S. dollar a boon to risk assets across the globe
The greenback's tumble has come as U.S. Treasury yields have eased in recent days, dulling the dollar's allure while boosting a wide range of other currencies.
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
COMMENTARY / World
Jul 6, 2023
The mighty U.S. dollar can fight off the digital upstarts
The de-dollarization project is counting on blockchain technology to end the greenback’s hegemony. The hope may be misplaced.
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 29, 2023
Japan and South Korea revive expired currency swap deal
The decision came after Finance Minister Shunichi Suzuki and his counterpart Choo Kyung-ho met in Tokyo during an event that was held for the first time since 2016.
Japan Times
BUSINESS
Jun 23, 2023
Japan’s biggest bank in talks to issue global stablecoins
MUFG is in discussions with multiple parties about using its blockchain platform, Progmat, to mint stablecoins tied to foreign currencies.
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
Jun 5, 2023
Putin’s war ignites backlash against dollar across the world
All around the world, a backlash is brewing against the hegemony of the U.S. dollar.
Japan Times
BUSINESS / ANALYSIS
May 12, 2023
Vast China-Russia resources trade shifts to yuan from dollars in Ukraine fallout
The switch to yuan to pay for billions in commodities trades in the wake of the Ukraine war accelerates China's efforts to internationalize its currency.
Japan Times
BUSINESS / Markets
May 4, 2023
China takes the yuan global in bid to repel a weaponized dollar
President Xi Jinping's government has been busy striking deals over the past year to expand the ways in which the currency is used.
Japan Times
BUSINESS
Apr 24, 2023
Citi's Japan clients bet on U.S. and Aussie dollars as Ueda cools BOJ bets
Clients have shifted bets on changes to the Bank of Japan’s ultraeasy policy to as late as the second half of next year.
Japan Times
COMMENTARY / World
Apr 18, 2023
The dollar remains the coin of the realm — and then some
The Chinese yuan’s role is growing, but it won’t replace the dollar without U.S. mistakes.

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Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone. 
The last cleanup: Life and death in a lonely Japan