Tag - forex

 
 

FOREX

Japan Times
JAPAN / Regional Voices: Okinawa
May 30, 2022
How ¥54 billion in cash was taken to Okinawa ahead of reversion
The operation took two days — moving 80 containers on May 2 and another 81 containers the following day — to move all the cash to the Bank of Japan's Naha vault.
Japan Times
BUSINESS
May 27, 2022
Helped by weak yen, Japan remains top creditor nation with record net external assets
A weak yen — it lost about 11% against the dollar last year — boosted the value of foreign assets held by the Japanese government, businesses and individuals.
Japan Times
BUSINESS
May 20, 2022
Japan's 'Mr. Yen' says currency may weaken to ¥150 level last seen in 1990
The former official said the contrast between a hawkish Federal Reserve and the Bank of Japan's loose monetary policy remains the single biggest driver of the yen's weakness.
Japan Times
BUSINESS
May 20, 2022
Japan, guarding against weaker yen, urges G7 to reaffirm forex agreement
The yen's recent declines to two-decade lows have been a source of concern for Japanese policymakers, as they inflate the already rising cost of fuel and raw material imports.
Japan Times
BUSINESS / Economy
May 19, 2022
Japan Inc. turns against BOJ's monetary stimulus, survey shows
This year's rapid slide in the yen to a two-decade low has jacked up prices of fuel and raw materials imports, lifting corporate costs.
Japan Times
BUSINESS
May 16, 2022
Weaker yen and supply chain chaos prompt Japanese manufacturers to head home
Among those moving manufacturing to Japan are makers of everything from auto parts to cosmetics and consumer electronics, a Tokyo Steel Manufacturing Co. executive has said.
Japan Times
BUSINESS / Economy
May 15, 2022
Dollar’s strength pushes world economy deeper into slowdown
The soaring dollar is propelling the global economy deeper into a synchronized slowdown by driving up borrowing costs and stoking financial-market volatility.
Japan Times
BUSINESS
May 13, 2022
Bank of Japan chief rules out near-term chance of tweaking dovish guidance
As central banks across the globe eye interest rate hikes, markets have been rife with speculation that the BOJ may also change its guidance.
Japan Times
BUSINESS / Economy
May 12, 2022
BOJ official rules out policy tweak to counter weak yen, meeting summary shows
The yen's slide to 20-year lows against the dollar has pushed up the cost of raw material imports, drawing concern among policymakers.
Japan Times
BUSINESS
May 11, 2022
Goldman Sachs says yen shows significant value as a recession hedge
The relentless selling of the yen looks to have come to an end and some green shoots of positive commentary are beginning to appear.
Japan Times
BUSINESS / Markets
May 10, 2022
Japan maintains warning on weak yen, vows G7 contact on any action
Japan will closely communicate with the United States and other Group of Seven countries in any actions it takes in response to a rapidly weakening yen.
Japan Times
BUSINESS / Companies
May 10, 2022
Weak yen seen to be boosting Toyota’s profit
Analysts, on average, estimate that Toyota will show an operating profit of u00a53 trillion for the period ended March when it reports results on Wednesday.
Japan Times
BUSINESS
May 5, 2022
Japan may spend $100 billion to slow yen’s slide, Bank of America says
The speed of the yen's decline has caught Japanese policymakers off guard and exposed divisions between the central bank and the central government.
Japan Times
BUSINESS / Economy
Apr 28, 2022
Yen slides past ¥130 to the dollar after BOJ doubles down on bond buying
The Bank of Japan's decision had been widely expected among economists, despite ongoing speculation the bank might take action in light of a recent slide in the yen rate to a two-decade low.
Japan Times
BUSINESS / Economy
Apr 28, 2022
‘Nothing is going well’ for Japanese retailers jolted by weak yen
With wage growth still anemic, retailers have long been reluctant to raise sticker prices for fear of scaring off customers more used to years of deflation.
Japan Times
BUSINESS
Apr 27, 2022
Many have seen a weak yen as being good for Japan. That view is fading fast.
Frustration over the yen's recent slide is growing among policymakers and in the business community, while some economists say the fall is hurting the nation's economy more than helping it.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?