Tag - yen

 
 

YEN

Japan Times
BUSINESS / Companies
Oct 20, 2022
Key iPhone supplier warns smartphone demand will continue to fall
Kyoto-based Murata Manufacturing expects this year’s drop in smartphone sales to keep going well into 2023, led by a sharp downturn in China.
Japan Times
BUSINESS / Economy
Oct 20, 2022
Japan’s extended trade gap reinforces pressure on tumbling yen
The trade deficit topped u00a52 trillion for a second-straight month in September, though it narrowed to u00a52.09 trillion from the previous month’s record u00a52.82 trillion shortfall.
BUSINESS / Economy / FOCUS
Oct 20, 2022
Sinking in polls, Kishida renews unorthodox inflation bet
Support for the prime minister’s year-old Cabinet has slumped to below 30%, roughly half of what it was six months ago.
Japan Times
BUSINESS / Markets
Oct 20, 2022
Japan’s finance minister vows ‘appropriate steps’ to tackle volatile yen moves
‘Recent rapid and one-sided yen declines are undesirable. We absolutely cannot tolerate excessively volatile moves driven by speculative trading,’ Shunichi Suzuki said.
Japan Times
BUSINESS
Oct 19, 2022
Stealth intervention talk permeates market as yen approaches ¥150
Dropping to u00a5150 is seen as an important psychological level in Japan and a break may increase pressure on authorities for further action.
BUSINESS
Oct 19, 2022
With weak yen, Japan aims to earn $34 billion from tourists next fiscal year
Japan must balance between spending its way out of the COVID-induced doldrums while reining in the industrial world’s heaviest public debt.
BUSINESS / Markets
Oct 18, 2022
Yen traders watch for intervention as Kishida and Kuroda hold the line
Observers have said officials are likely focused on the speed of declines, and that they won’t necessarily have a price in mind at which they’ll act again.
Japan Times
BUSINESS / Markets
Oct 17, 2022
Tokyo traders speculate on possibility of stealth intervention in yen
By one estimate, authorities may have spent around u00a51 trillion to support the currency.
BUSINESS
Oct 17, 2022
Traders watch for response from Japan as yen approaches ¥150 against dollar
Finance Minister Shunichi Suzuki reiterated to reporters on Monday that the country will take bold action if there are speculative foreign exchange moves.
Japan Times
BUSINESS / Markets
Oct 15, 2022
Japan vows ‘bold action’ — if needed — after 32-year yen low
Excessive currency moves have negative effects on the economy and Japan is ready to take action if they continue, a top official said.
Japan Times
LIFE
Oct 15, 2022
The almighty dollar gets even mightier for U.S. travelers in Japan
One of the best arguments for hopping on a plane to Japan right now: If you’re American, everything’s a bargain.
Japan Times
BUSINESS
Oct 14, 2022
Japan keeps up yen warnings, declines to say if intervened
The currency fell to u00a5147.67 per dollar, the weakest since August 1990, before bouncing back in choppy trading.
Japan Times
BUSINESS
Oct 14, 2022
IMF sees Japan currency intervention as ‘signaling’ move with short-term impact
Markets are focusing on whether Japan will step in again, as stronger-than-expected U.S. inflation data pushed the dollar to a fresh 32-year high.
BUSINESS / Markets
Oct 13, 2022
Japan ready to take appropriate action on volatile yen
The dollar was trading near u00a5147 on Thursday, edging closer to a high of u00a5147.64 recorded in August 1998.
Japan Times
BUSINESS
Oct 12, 2022
BOJ’s Kuroda vows to keep easing to back still-recovering economy
Wages need to increase much more to achieve Japan’s price-stability target, Kuroda said at event in Washington on Wednesday.
BUSINESS
Oct 12, 2022
Yen weakens past level that triggered last intervention
The currency fell to u00a5146.23 per dollar, surpassing the u00a5145.90 level that prompted Japan’s first intervention to buy the yen since 1998.
Japan Times
BUSINESS / Economy / FOCUS
Oct 11, 2022
Amid price spikes, Japanese farmers look to domestic feed
Price increases in the July-September period averaged over u00a510,000 per ton, more than double the previous record registered in April to June 2021.
Japan Times
BUSINESS
Oct 10, 2022
Yen traders show resilience to risk of more Japan intervention
One-week implied volatility in the dollar-yen has fallen to trade well below highs seen last month, even as the currency pair closes on u00a5145.90 per dollar.
Japan Times
BUSINESS
Oct 7, 2022
Failure to hit price goal may trigger BOJ shift, former director says
Ex-BOJ executive thinks there is a considerable chance that in a year or so the BOJ’s topic of discussion will shift to when the price target can really be achieved.
Japan Times
BUSINESS
Oct 7, 2022
Japan’s households spend less as higher inflation bites
The fastest inflation in more than three decades excluding the impact of tax hikes also threatens to hurt future consumption.

Longform

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