Tag - yen

 
 

YEN

Japan Times
BUSINESS / Tech
Nov 8, 2022
Nintendo cuts Switch sales forecast even as chip shortage seen to be easing
The company says it's now front-loading production to maximize delivery in the holiday shopping season, and that production output has been improving since September.
Japan Times
BUSINESS / Economy
Nov 8, 2022
BOJ debated impact of future exit from easy policy amid rising prices
A summary of opinions suggests some policymakers are slowly becoming more open to the possibility of an eventual withdrawal of the radical monetary stimulus.
Japan Times
BUSINESS / Economy
Nov 8, 2022
As yen tumbles and prices rise, gadget-loving Japan seeks out secondhand iPhones
The Japanese currency's fall to a 32-year low against the dollar has squeezed consumers and accelerated a broader spending shift in the world's No.3 economy
Japan Times
BUSINESS / FOCUS
Nov 7, 2022
Weak yen could keep foreign workers away from Japan
The yen's rapid slide against the dollar has eroded the value of overseas remittances, causing concern at firms that rely on staff from abroad.
Japan Times
BUSINESS / Markets
Nov 7, 2022
Hedge fund veteran trims exposure to China and sees parallels with Japan slump
Indus Capital Partners' Byron Gill said the company's $729 million Pacific Opportunities Fund began to cut its exposure to China equities in the first quarter of 2021.
Japan Times
JAPAN
Nov 7, 2022
Japan's development assistance program battered by yen's rapid weakening
A weaker yen means a decrease in the amount of Japanese assistance when converted into dollars.
Japan Times
BUSINESS / Companies
Nov 2, 2022
90% of Japan's major power firms report net losses for April-September
A weakening yen and rising prices of energy resulting from Russia's invasion of Ukraine are considered major factors, according to reports.
Japan Times
BUSINESS / Companies
Nov 1, 2022
Toyota keeps conservative profit view on supply concerns
Operating profit is on track to be u00a52.4 trillion for the fiscal year through March, Toyota said in a statement, unchanged from its initial guidance.
Japan Times
BUSINESS / Markets
Nov 1, 2022
Stealth yen intervention aims for maximum impact, says finance minister
Officials remain tight-lipped on exactly when they intervened in the market in October. Full details of their actions will not be available until quarterly intervention data is published.
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 / Economy / ANALYSIS
Oct 30, 2022
Wages, not yen, key to when Japan shifts away from ultralow rates
With Japan's economy still weak, the BOJ is not expected to raise interest rates in the near term, even if that means more downward pressure on the yen.
Japan Times
BUSINESS / Economy
Oct 27, 2022
BOJ’s Kuroda faces balancing act to avoid tanking yen
With the European Central Bank and the U.S. Federal Reserve expected to deliver more rate hikes, a stand-pat decision will further emphasize the BOJ's outlier status.
Japan Times
BUSINESS
Oct 26, 2022
Market for used iPhones is booming in Japan
The weak yen has pushed consumers to seek older, cheaper models, but that has also fueled concerns that the uptick in demand may inflate prices of used phones as well.
Japan Times
BUSINESS
Oct 26, 2022
Japan expected to keep last central bank negative interest rate
Explaining the refusal to shift gears is getting harder and such doggedness risks triggering a fresh downward spiral for the embattled yen.
Japan Times
BUSINESS
Oct 26, 2022
Vulnerable yen’s bigger problem now importers, not speculators
Japan's need for foreign goods creates constant demand for dollars that is insensitive to yield differentials, technical levels and expectations for monetary policy.
Japan Times
BUSINESS
Oct 26, 2022
U.S. treasury chief respects Japan's silence on yen intervention, top currency official says
Masato Kanda's comments come as market moves suggest Japan has continued to step into the market since last month's first intervention to prop up the yen in 24 years.
Japan Times
BUSINESS / Economy
Oct 25, 2022
Japan likely spent around $6 billion for suspected Oct. 24 FX intervention
Authorities' so-called stealth intervention in rapid succession has underscored their resolve in fighting what they have characterized as 'intolerable and speculative' yen-selling.

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’