Tag - yen

 
 

YEN

A man walks past an electronic board showing the Nikkei 225 index on the Tokyo Stock Exchange along a street in the capital on Tuesday.
BUSINESS / Markets
Mar 11, 2025
Asian stocks slide as U.S. growth worries grip markets
In Asia, stocks were battered across the board with Japan's Nikkei and Taiwan stocks hitting their lowest levels since September.
Former Bank of Japan Gov. Haruhiko Kuroda said Japan must fix "any misunderstanding" held by U.S. President Donald Trump that its central bank was intentionally weakening the yen with monetary policy.
BUSINESS / Economy
Mar 8, 2025
Japan must fix 'misunderstanding' it is manipulating yen, says ex-BOJ chief Kuroda
Trump said he had told Japan and China they could not continue to reduce the value of their currencies, as doing so would be unfair to the United States.
U.S. President Donald Trump said Monday that if Japan and China try to weaken their currencies and put the United States "at a very unfair disadvantage," he could impose fresh tariffs on them.
BUSINESS / Economy
Mar 4, 2025
Trump, claiming Japan guiding yen lower, hints at fresh tariffs
Trump said that if Tokyo tries to weaken its currency and put the U.S. "at a very unfair disadvantage," he could unleash more measures.
Japanese nominal wages rose at the fastest pace in nearly three decades according to data out this month, and GDP figures showed Japan’s economy outperformed forecasts.
BUSINESS / Economy
Feb 27, 2025
Yen traders raise focus on Japanese data as economy shifts gears
The news marks a mindset change since the Bank of Japan ended its negative-rates policy last March.
The weak yen is often cited as one reason why many Japanese don't go abroad.
JAPAN / Society
Feb 25, 2025
Only 17% of Japanese people own passports, Foreign Ministry says
Around 3.7 million passports were issued domestically in 2024, a 8.8% increase from the year before but down 15.2% from prepandemic numbers in 2019.
Samples of newly-designed Japanese yen banknotes at the National Printing Bureau Tokyo plant in June 2024.
BUSINESS / Markets
Feb 25, 2025
Yen volatility nears six-week high as Tokyo inflation gauge eyed
Investors seem to be divided on how quickly policymakers should withdraw their monetary stimulus.
The Japanese currency climbed as much as 1% to ¥149.95 against the dollar on Thursday, a level it hasn’t touched since Dec. 9.
BUSINESS / Economy
Feb 20, 2025
Yen advances past ¥150 per dollar as BOJ rate-hike bets ramp up
Japan’s currency climbed as much as 1% to ¥149.95 against the dollar, a level it hasn’t touched since Dec. 9.
As an alternative way of wagering on yen strength, some firms are using strategies involving European currencies, rather than the U.S. dollar, to profit from a widening rate differential with Japan.
BUSINESS / Markets
Feb 17, 2025
Dollar swings drive creative yen bulls to European-currency trades
Some firms are using strategies involving European currencies, rather than the dollar, to profit from a widening rate differential with Japan.
A monitor in Tokyo shows the yen at the ¥153 level against the dollar on Wednesday.
BUSINESS / Markets
Feb 12, 2025
Yen underperforms major currencies on Trump tariff uncertainties
Japan’s currency has dropped to ¥153.73 against the dollar, its weakest level in a week and lagging all major peers.
A monitor in Tokyo shows the yen at the ¥155 level against the dollar on Monday, when it began rallying after a sharp decline in the previous week.
BUSINESS / Markets
Feb 7, 2025
Yen’s weekly surge underscores growing case for a hawkish BOJ
The Japanese currency has rallied more than 2% this week, heading for the biggest gain since late November.
Finance Minister Katsunobu Kato holds a virtual meeting with U.S. Treasury Secretary Scott Bessent last week.
BUSINESS / Economy
Feb 2, 2025
Japan to closely monitor impact on yen of Trump tariffs, Kato says
Kato spoke as the world braces for first salvo in Trump's tariff war, with general levies of 25% on Canada and Mexico and 10% on China.
Branded bags are displayed at a secondhand store in Tokyo in December.
BUSINESS
Feb 2, 2025
Secondhand shops rush for branded goods in Japan
Some operators have partnered with department stores, while others have use AI to determine the value of vintage luxury goods.
Despite Bank of Japan Gov. Kazuo Ueda’s efforts to explain his thinking, many struggle to grasp the BOJ's position as businesses face high costs and weak demand while consumers deal with rising prices and stagnant wages.
COMMENTARY / Japan
Jan 28, 2025
The Bank of Japan’s communication challenges
Despite limited developments that would justify a policy shift since December, Japan's central bank nevertheless went ahead to raise interest rates.
Bank of Japan Gov. Kazuo Ueda attends a news conference after the central bank's policy meeting in Tokyo on Friday. The BOJ raised its rate by a quarter-point to 0.5% that day.
COMMENTARY / Japan
Jan 26, 2025
Japan’s central bank drops the drama and wins on rates
The quarter-point increase, which took the main rate to 0.5%, was probably the most telegraphed this century.
Japan's exports gained 2.8% in December from a year ago, led by chipmaking machinery and semiconductor parts, government data shows.
BUSINESS / Economy
Jan 23, 2025
Japan’s exports rose in December ahead of anticipated Trump tariffs
Exports measured in value gained 2.8% from a year ago led by chipmaking machinery and semiconductor parts, although shipments fell in terms of volume.
Investment trusts that cater to Japanese individuals bought a net ¥10.4 trillion of overseas equities and funds last year after the government expanded the scope of the Nippon Individual Savings Account system.
BUSINESS / Economy
Jan 23, 2025
Japan’s love of foreign stocks risks pushing the yen even lower
Investment trusts that cater to Japanese individuals bought a net ¥10.4 trillion of overseas equities and funds last year.
Instead of the Bank of Japan's actions strengthening the yen as once hoped, recent steps have only caused further weakening.
COMMENTARY / Japan
Jan 22, 2025
Ueda’s doctrine for the BOJ is finally emerging
Instead of the Bank of Japan's actions strengthening the yen as once hoped, recent steps have only caused further weakening.
The country's net assets, or the value of properties, cash, deposits, stocks and other assets in the country minus that of loans and other debts, totaled ¥4,158.4 trillion at the end of 2023, up 4.1% from a year before, a Cabinet Office estimate showed Monday.
BUSINESS / Economy
Jan 21, 2025
Japan's national wealth hit record ¥4 quadrillion at end of 2023
Of the total, households accounted for a record ¥2.97 quadrillion, up 3.7%, marking the fifth consecutive year of growth.
The influx of foreign tourists in Japan is pushing up hotel room prices, forcing some business travelers to stay at capsule hotels.
BUSINESS / Economy
Jan 15, 2025
Japan's tourism boom prices out local business travelers
The average price of a basic room at a business hotel in Tokyo has nearly doubled between 2019 and last year.
A visitor holds a ¥1,000 banknote to offer a prayer on the first business day of the year at the Kanda Myojin shrine in Tokyo on Monday. The yen has declined against the dollar for four straight years amid a wide gap between interest rates in Japan and the United States.
BUSINESS / Markets
Jan 10, 2025
Yen intervention risk creeps higher as U.S. jobs report approaches
The yen is within reach of ¥160 per dollar, a breach of which would increase concern about the weak currency’s impact on business and consumers.

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