Tag - yen

 
 

YEN

Japan Times
BUSINESS / Economy / ANALYSIS
Jun 15, 2013
Yen's slump fails to stem corporate exodus overseas
Prime Minister Shinzo Abe promises that his growth policies will revive the nation's industrial might. For Takumi Tanaka at auto parts maker Uchida Co., times are worse than after the 2011 quake-tsunami catastrophe.
Japan Times
BUSINESS / Companies
Jun 11, 2013
Rising cost of imports opens doors for craft beer revival
Naoyuki Ide is betting that a weaker yen will drive more Japanese people to drink his locally made craft beers.
EDITORIALS
Jun 5, 2013
Cheap yen exacts toll on fishing
The cheap yen caused by the Abe administration's economic policy, which is centered on the Bank of Japan's massive monetary easing, has led to price rises on imported items. Fishermen especially are suffering from rises in fuel oil prices. Because wholesalers and volume sellers basically control the...
BUSINESS / Economy
May 29, 2013
BOJ has room for more stimulus, top Abe adviser says
Koichi Hamada, a retired Yale University professor advising Prime Minister Shinzo Abe, says the Bank of Japan can add to already unprecedented stimulus if necessary to drive an economic revival.
BUSINESS / Economy
May 21, 2013
Yen climbs after Amari warning
The yen climbed versus a majority of its 16 major peers after economy minister Akira Amari said further losses in the currency would negatively affect the people, and the government's job is to minimize that.
BUSINESS / Economy
May 12, 2013
G-7 to renew pledge against currency wars
Financial chiefs from the Group of Seven advanced economies are set to wrap up a two-day meeting by pledging again to refrain from competitive currency devaluations.
BUSINESS / Economy / ANALYSIS
May 12, 2013
Yen's fall heaven-sent for Tokyo stock prices
Tokyo stocks have surged to multiyear highs on the back of the yen's tumble, brought on by the Bank of Japan's powerful credit easing measures and hopes of a sustainable recovery in the U.S.
BUSINESS / Companies
Apr 26, 2013
Sony raises profit forecast on asset sales, weaker yen
Sony Corp. raised its annual profit forecast Thursday amid a weaker yen and gains from selling offices and stock holdings.
Japan Times
BUSINESS / Economy
Apr 24, 2013
BOJ seen deploying price forecasts as tool in fighting deflation: analysts
As the Bank of Japan prepares to boost its inflation forecasts this week, analysts from Goldman Sachs Group Inc. to JPMorgan Chase & Co. say the estimates may themselves be used as a tool for ending deflation.
BUSINESS / Economy
Apr 14, 2013
U.S. to press Abe on yen 'devaluation'
The U.S. Treasury Department says it will pressure Japan to refrain from competitive devaluation while stopping short of accusing it of manipulating the yen.
Japan Times
BUSINESS / Economy
Apr 10, 2013
Falling yen prompts Abe reassurances
Prime Minister Shinzo Abe pledged Tuesday to take necessary measures to avoid adverse effects of the yen's depreciation on the economy, indicating some domestic policymakers have become cautious about the sharp moves in the currency's rate.
Japan Times
BUSINESS / Companies
Apr 3, 2013
Hopes ride on Mazda3, soft yen to keep stock up
The slide in the yen has turned Mazda Motor Corp.'s biggest weakness into its biggest strength. All Japan's most export-dependent automaker has to do now is sell more cars.
Japan Times
BUSINESS
Mar 28, 2013
Yen fall worrisome, Ford CEO says
Ford Motor Co. Chief Executive Officer Alan Mulally said he is concerned that the depreciation of the yen is bolstering the competitiveness of Japanese carmakers.
BUSINESS / JAPANESE PERSPECTIVES
Mar 25, 2013
'Abenomists' beware: Rising prices just one pitfall of spiraling yen
The Bank of Japan on Wednesday installed a new governor and two deputy governors who — in line with the wishes of Prime Minister Shinzo Abe — are advocates of ultra-easy monetary policy.
Japan Times
BUSINESS / Economy
Mar 14, 2013
Abe push to weaken currency erodes Japanese tourist spending in South
Prime Minister Shinzo Abe's push to weaken the yen is echoing through the duty-free shops and tourist sites of South Korea, where Japanese visitors spent about $4.5 billion last year.
EDITORIALS
Feb 21, 2013
Avoiding a currency war
The Group of 20 ministers' communique urges member countries, including Japan, to avoid actions aimed at lowering the value of their currencies.
Japan Times
BUSINESS / Markets
Feb 13, 2013
Nikkei climbs nearly 2% as yen keeps tumbling
The benchmark Nikkei 225 stock average rises nearly 2 percent as the yen tumbles against the dollar, helping Japan's exporting companies.
BUSINESS
Jan 19, 2013
Yen's fall feared to squeeze families as gas, imports prices gain
The yen's slide against major currencies since late last year is beginning to hit households in the pocket by raising prices of daily necessities.
Japan Times
BUSINESS / YEN FOR LIVING
Oct 20, 2011
Are consumers being short-changed by the yen's appreciation?
Why hasn't the high yen resulted in lower prices for imported goods?
JAPAN
Feb 3, 1996
Keidanren's Toyoda changes stance on forex
Shoichiro Toyoda, chairman of the Japan Federation of Economic Organizations (Keidanren), said Feb. 3 an exchange rate of between 110 yen and 120 yen to the dollar would be appropriate, revising his previous acceptance of a higher yen.

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals