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November 22, 2024
 

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FOREX

Japan bought yen in September 2022, its first foray in the market to boost its currency since 1998, after a Bank of Japan decision to maintain an ultraloose monetary policy drove the yen as low as ¥145 per dollar.
BUSINESS / Markets / EXPLAINER
Oct 2, 2023
What intervention by Japan to stem yen weakness could look like
Aside from verbal intervention, the government has several options to stem what it considers excessive yen falls.
The yen's slide to the cusp of ¥150 per dollar has put investors on high alert for the risk of intervention.
BUSINESS / Markets
Sep 29, 2023
Yen intervention a hard sell even as 'red line' beckons
To make even a ripple in the $5 trillion currency market, the BOJ would need to draw down massive amounts of dollar reserves.
The yen remains vulnerable to sharp movements and government intervention even after its rally at the start of this week.
BUSINESS / Markets
Sep 12, 2023
Imminent Fed meet keeps yen intervention on agenda despite rally
U.S. inflation figures set to be released Wednesday are expected to show price growth accelerating for a second month in August versus a year earlier
Hiromi Yamaji, chief executive officer of Japan Exchange Group, says the yen is too weak and its benefits for Japanese stocks are diminishing.
BUSINESS / Economy
Aug 24, 2023
Yen’s too weak and benefits are waning, Japan bourse chief says
The yen has slipped below the levels where Japanese officials intervened last September to rein in the weakness in the currency.
Bank of Japan Gov. Kazuo Ueda speaks to reporters after meeting with Prime Minister Fumio Kishida at the Prime Minister's Office in Tokyo on Tuesday.
BUSINESS / Economy
Aug 22, 2023
BOJ's Ueda meets Kishida but says yen volatility wasn't discussed
The talks took place after the dollar's recent ascent above ¥145, a level that last September triggered Japan's first yen-buying operation since 1998.
Bank of Japan Gov. Kazuo Ueda
BUSINESS / Markets / ANALYSIS
Aug 16, 2023
As yen enters intervention range, Japan's policymakers hold fire
With Japan now reaping some benefits from a weaker currency, intervention may not come as quickly as it did last year.
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.
The yen has depreciated about 3% since the Bank of Japan decided to tolerate higher benchmark bond yields on July 28.
BUSINESS / Markets
Aug 15, 2023
Yen weakens toward level that prompted September intervention
The currency has depreciated about 3% since the Bank of Japan decided to tolerate higher benchmark bond yields on July 28.
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.
Nikko Asset Management is ditching its bearish view on the yen, and now has a ¥135 target against the dollar by year-end.
BUSINESS / Markets
Jul 20, 2023
Nikko Asset shifts to bullish yen slant as Ueda bides his time
The shift in his view highlights potential upside for the yen, where inflation-adjusted interest rates have exacerbated its decline to multidecade lows.
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.
Japan Times
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
BUSINESS / Markets
Jul 4, 2023
Tokyo in constant dialogue with U.S. and others on currencies, finance minister says
The remarks likely signal Tokyo's desire to keep the market on guard about possible currency intervention to prop up the yen, which has been hovering near ¥145 to the dollar.
Japan Times
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 28, 2023
Weak yen now the key to stronger currency and BOJ pivot later
An extended period of weakness could counterintuitively lay the ground for long-run strength should it help the BOJ boost growth and finally pivot from supereasy monetary policy.
Japan Times
BUSINESS / Economy
Jun 27, 2023
Official behind last year’s ¥9.33 trillion yen intervention strategy reappointed
Masato Kanda has become just the fourth official in the past three decades to serve a third year as vice finance minister for international affairs, Finance Ministry documents show.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

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

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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