Tag - yen

 
 

YEN

Japan Times
BUSINESS
May 27, 2022
Tokyo inflation’s failure to gain speed aids BOJ’s stance
Consumer prices excluding fresh food climbed 1.9% in May from a year before as the impact of accelerating processed food prices was canceled out by smaller gains in energy costs.
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 / ANALYSIS
May 19, 2022
BOJ’s dovish isolation draws public heat ahead of leadership change
Opposition lawmakers are grilling the BOJ regularly for allowing the currency to weaken and push up living costs, putting Prime Minister Fumio Kishida in a tight spot.
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
Japan’s wholesale prices jump by record 10% as energy costs soar
The gain followed a revised 9.7% increase in March, and was higher than a median market forecast for a 9.4% increase.
Japan Times
BUSINESS
May 13, 2022
Weak yen helps Honda’s annual profit but fails to lift outlook
While the weaker yen has long been considered a boon for Japan’s blue-chip exporters, it’s now starting to damage Japanese automakers as material costs inflate for importers.
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
May 13, 2022
The yen is now resurgent even as broad dollar strength persists
Analysts say the yen has plenty of room to recover as the Bank of Japan has stuck to a dovish tone even as other major central banks have tightened policy.
Japan Times
BUSINESS / Economy
May 12, 2022
Japan has long sought more inflation and a weak yen. But not like this.
While overall inflation remains moderate, food and energy costs are rising rapidly — an outgrowth not of increased demand, but of market turmoil.
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.
Japan Times
BUSINESS
May 11, 2022
Goldman Sachs says yen shows significant value as a recession hedge
The relentless selling of the yen looks to have come to an end and some green shoots of positive commentary are beginning to appear.
Japan Times
BUSINESS / Markets
May 10, 2022
Japan maintains warning on weak yen, vows G7 contact on any action
Japan will closely communicate with the United States and other Group of Seven countries in any actions it takes in response to a rapidly weakening yen.
Japan Times
BUSINESS / Companies
May 10, 2022
Weak yen seen to be boosting Toyota’s profit
Analysts, on average, estimate that Toyota will show an operating profit of u00a53 trillion for the period ended March when it reports results on Wednesday.
BUSINESS
May 5, 2022
Japan may spend $100 billion to slow yen’s slide, Bank of America says
The speed of the yen’s decline has caught Japanese policymakers off guard and exposed divisions between the central bank and the central government.
Japan Times
BUSINESS / Economy
May 2, 2022
Hope fizzles out for Japan’s ‘revenge spending’ splurge as inflation looms
Facing the prospect of struggling with rising prices, Japan’s famously thrifty consumers are tightening their belts even as they sit on the remains of an estimated u00a550 trillion in savings.
Japan Times
BUSINESS
May 2, 2022
Japan’s low-cost soba noodles may become casualty of Ukraine war
A good part of the buckwheat that goes into the noodles comes from Russia, globally the top buckwheat producer.
Japan Times
BUSINESS / Economy
Apr 29, 2022
Yen’s historic fall signals rewrite of global currency playbook
The speed of decline caught policymakers off guard, exposing a rift between a central bank intent on stoking inflation and a government facing backlash over rising prices.
Japan Times
BUSINESS
Apr 28, 2022
As sinking yen causes pain for many, SoftBank and game-makers are rare beneficiaries
Game publishers such as Nintendo and Capcom create software in Japan, meaning the bulk of their costs are in yen, while a large portion of their sales come from overseas.
Japan Times
BUSINESS / Economy
Apr 28, 2022
Yen slides past ¥130 to the dollar after BOJ doubles down on bond buying
The Bank of Japan’s decision had been widely expected among economists, despite ongoing speculation the bank might take action in light of a recent slide in the yen rate to a two-decade low.

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