Tag - forex

 
 

FOREX

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.
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.
Japan Times
BUSINESS / FOCUS
Jun 10, 2022
When will the BOJ act on the yen? Not anytime soon, economists say.
Kuroda's remarks reinforce the growing gap between Japan's monetary policy and other central banks attempting to fend off inflation.
BUSINESS
Jun 10, 2022
Japan closer to intervention on yen after government and central bank joint statement
'We have seen sharp yen declines and are concerned about recent currency market moves,' the Finance Ministry, BOJ and the Financial Services Agency said in a joint statement.
BUSINESS / Economy
Jun 9, 2022
Yen a whisker away from hitting 2002 low of ¥135.15 to the dollar
The relentless climb in oil prices is also weighing on the yen because of Japan's position as an energy importer.
BUSINESS
Jun 8, 2022
Tumbling yen spells inflation opportunity for Bank of Japan
The cost-push inflation the weaker yen is amplifying likely offers Japan its best chance to secure stable inflation in years.
Japan Times
BUSINESS / Economy
Jun 8, 2022
Japan’s smaller first quarter economic slip points to consumer rebound
Consumption continued to grow in the quarter despite a raft of omicron-related restrictions on business operating hours.
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.
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.

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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