Tag - currencies

 
 

CURRENCIES

Japan Times
BUSINESS
Apr 9, 2023
Ueda takes over top BOJ job with a long to-do list
There will be little time to celebrate for Ueda, an academic, author and former BOJ board member who will be under the microscope as he leads the central bank through a crucial period.
Japan Times
BUSINESS
Feb 18, 2023
Bank of Japan to start new test of digital currency in April
In the experiment, which will involve payment service providers and financial institutions, technical challenges will be examined in the event a digital yen is issued.
Japan Times
BUSINESS
Feb 17, 2023
Bank of Japan to launch pilot program for issuing digital yen
The move follows two years of experiments the BOJ has been conducting to decide whether to issue a so-called central bank digital currency.
Japan Times
BUSINESS / Markets
Feb 7, 2023
Japan intervened in forex markets twice in October to support yen, report shows
On the respective days, ¥5.6 trillion ($42.2 billion) and ¥729.6 billion were spent to prop up the yen, which hit a 32-year low against the dollar last autumn.
Japan Times
BUSINESS / Economy
Jan 21, 2023
BOJ's Kuroda signals no shift after inflation hits 41-year high
Gov. Haruhiko Kuroda said current inflation is led mainly by import-price increases, and that it’s likely to start cooling from next month.
Japan Times
BUSINESS / Markets
Jan 3, 2023
Yen extends gains to strongest mark since June after BOJ policy shift
The recovery has been driven by government intervention, the outlook for slowing U.S. interest rate hikes and speculation the BOJ is about to unwind its ultraeasy policy.
Japan Times
COMMENTARY / World
Dec 12, 2022
China developing the digital yuan to protect its interests
The ruling Communist Party is sacrificing innovation on the altar of social stability.
Japan Times
BUSINESS / Markets
Dec 5, 2022
The year’s big yen short set for a dramatic U-turn in 2023
Analysts' bullishness is a marked change in tune from September, when hedge funds couldn't get enough of shorting the yen — a high profile casualty of the BOJ's ultradovish monetary policy.
Japan Times
BUSINESS / Economy / FOCUS
Nov 29, 2022
The yuan's the new dollar as Russia rides to the redback
Russia's financial shift eastwards could boost cross-border commerce, present a growing economic counterweight to the dollar and limit Western efforts to pressure Moscow by economic means.
Japan Times
JAPAN / FOCUS
Nov 27, 2022
Concerned about the future, will more Japanese youth seek opportunities overseas?
Amid a growing sense that the economic downturn in Japan is more than just a passing phase, some Japanese are heading abroad to seek better pay and a change in lifestyle.
Japan Times
COMMENTARY / World
Nov 22, 2022
Why is the Swiss franc still a safe-haven currency?
While other leading safe-haven currencies have taken a hit as of late, the Swiss franc keeps going strong.
Japan Times
BUSINESS / Tech / ANALYSIS
Nov 12, 2022
FTX meltdown sparks investor rethink of battered crypto market
The collapse of several crypto lenders and major tokens had rung alarm bells even before the blow-up of FTX.
Japan Times
BUSINESS / Tech
Nov 12, 2022
At least $1 billion of client funds missing at failed crypto firm FTX
The exchange's founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried's trading company Alameda Research, sources said.
Japan Times
BUSINESS / FOCUS
Oct 31, 2022
Weak yen prompts people to shift savings into dollars and foreign bonds
Banks are seeing a surge in the number of customers funneling their money into foreign currency deposits.
Japan Times
BUSINESS
Oct 25, 2022
Shunned digital currency looks for street credibility in Nigeria
The central bank's focus on the digital currency is creating confusion among many Nigerians, who fail to see the difference between the government-backed eNaira and cryptocurrencies.
Japan Times
EDITORIALS
Oct 21, 2022
An ever weakening yen punishes the nation
The yen continues to slump as traders try to guess when and if the Japanese authorities will intervene to halt a further decline.

Longform

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