official currency of Japan
Bank of Japan Stands Pat on Rates and Bond Buying, Hitting Yen: The Bank of Japan held its interest rate settings steady and simplified its language on ...
bloomberg.com/news/articles/2024-04-26/boj-holds-rates-drops-monthly-bond-buying-reference-figure
Paid articlePaid
(JPY/USD) Japan Is ‘Very Close’ to Intervention, Ex-Forex Chief Says: Japan is on the brink of currency intervention if the yen weakens any further ...
bloomberg.com/news/articles/2024-04-23/japan-is-very-close-to-intervention-former-forex-chief-says
Morning Bid: Japan's FX no-show, Meta plunges: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-04-24/
Quick Glance: Market Volatility in Asia: Impact of Meta's Losses
- The depreciation of Asian currencies against the U.S. dollar and potential actions by monetary authorities are at the forefront of Asian markets.
- Post-market gains from U.S. tech giant Meta could impact Asian markets as shares dropped by 10% after trading hours.
- Concerns surrounding currencies are escalating as the dollar breached 155.00 yen on Wednesday without any indication of intervention from Japanese authorities. Will Tokyo take action?
- Given the current environment that led to a rare joint statement on exchange rates from the United States, Japan, and South Korea this month, no possibilities can be ruled out.
Asian shares jump on tech boost; fragile yen on intervention watch: Asian stocks rose sharply on Wednesday led by tech stocks as investors' focus shifts to ...
reuters.com/markets/global-markets-wrapup-1-2024-04-24/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
Foreigners take advantage of weak yen to feast on pricey dishesForeigners take advantage of weak yen to feast on pricey dishes | The Asahi Shimbun: Breaking News, Japan News and Analysis
Japan frets over relentless yen slide as BOJ keeps ultra-low rates: Japan is concerned about negative effects of the weak yen, finance minister Shunichi Suzuki ...
reuters.com/markets/currencies/japan-is-concerned-about-weak-yens-negative-effects-finmin-says-2024-04-26/
Dollar suffers PMI hangover, Aussie jumps on inflation surprise: The dollar nursed its wounds on Wednesday following big tumbles against the euro and sterling ...
reuters.com/markets/currencies/dollar-shaky-after-euro-rebound-yen-mired-34-year-low-2024-04-24/
Japan's ANA enjoys record earnings on robust tourism growth - The Mainichi: TOKYO (Kyodo) -- ANA Holdings Inc. said Friday its net profit rose 75 ...
mainichi.jp/english/articles/20240426/p2g/00m/0bu/055000c
Yen hits fresh 34-year lows against dollar ahead of BOJ meeting: The yen hit fresh 34-year low versus the dollar and a 16-year low against the euro on Thursday ...
reuters.com/markets/currencies/markets-wary-intervention-yen-struggles-155-level-2024-04-25/
Japanese yen retreats after sudden surge: The Japanese yen slid on Friday, having briefly jumped against the dollar and other currencies ...
reuters.com/markets/currencies/yen-its-weakest-decades-boj-meets-2024-04-26/
Fragile yen could make BOJ's Ueda tilt more towards hawkish stance: The yen's slide to fresh 34-year lows is likely to force Bank of Japan Governor Kazuo Ueda to ...
reut.rs/3Qia2wk
Morning Bid: Big Tech see-saw flips positive, yen swings wildly: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-26/
Japan may intervene to support yen any time, says senior ruling party official: Japanese authorities could intervene in the currency market any time as recent ...
reuters.com/markets/currencies/japan-may-intervene-support-yen-any-time-says-senior-ruling-party-official-2024-04-23/
Japan hotel prices near 30-year high as weak yen lures record tourists: The average daily room rate for March was about ¥20,986 ($136), the highest level since ...
japantimes.co.jp/business/2024/04/19/companies/japan-hotel-prices-rise-near-30-year-high/
Ringgit soft as US$ remains elevated: KUALA LUMPUR: The ringgit extended its downward trend as the US dollar remained elevated while market players await the ...
thestar.com.my/business/business-news/2024/04/25/ringgit-soft-as-us-remains-elevated
Nomura Q4 net profit jumps almost eight fold on retail income surge: Nomura Holdings , Japan's biggest brokerage and investment bank, reported on Friday a 670% ...
reuters.com/business/finance/nomura-q4-net-profit-jumps-almost-eight-fold-retail-income-surge-2024-04-26/
The number of visitors to Japan exceeded 3 million for the first time in March, while a weak yen drove tourists to spend a record amount over the first quarter ... Show more
Japan foreign tourists top 3m in March, fueling record spending boom - Nikkei Asia
Japan foreign tourists top 3m in March, fueling record spending boom - Nikkei Asia
Japan's Sumitomo plans $1.3 billion renewable power storage network, Nikkei reports
reuters.com/sustainability/japans-sumitomo-plans-13-billion-renewable-power-storage-network-nikkei-reports-2024-04-23/
Japan's March core inflation slows, weak yen complicates BOJ move: Japan's core inflation slowed in March and an index gauging broader price trends fell below 3% ...
reuters.com/markets/asia/japans-march-inflation-slows-26-eyes-boj-move-2024-04-18/
Yen drops to 155 range, new 34-yr low against U.S. dollar - The Mainichi: NEW YORK (Kyodo) -- The yen weakened to the 155 range against the U.S ...
mainichi.jp/english/articles/20240424/p2g/00m/0bu/069000c
Weak yen lifts Japan's exports but higher import bills hurt business mood: Japan's exports grew for the fourth straight month in March driven by U.S ...
reuters.com/markets/asia/japans-exports-grow-amid-weak-yen-higher-import-bills-hurt-business-mood-2024-04-17/
SoftBank to spend $960m to boost computing power for generative AI: TOKYO -- Japanese telecom company SoftBank is investing 150 billion yen ($960 million) by ...
asia.nikkei.com/Business/Tech/Semiconductors/SoftBank-to-spend-960m-to-boost-computing-power-for-generative-AI
Paid articlePaid Five Things You Need to Know to Start Your Day: Asia: Good morning. Tensions simmer in the Middle East. US stocks fall below key threshold ...
bloomberg.com/news/newsletters/2024-04-15/five-things-you-need-to-know-to-start-your-day-asia
Japan repeats warning against excessively weak yen: Japanese Finance Minister Shunichi Suzuki said authorities were analysing not just recent yen declines but ...
reuters.com/markets/asia/japans-finance-minister-says-authorities-are-looking-factors-behind-yen-moves-2024-04-12/
More than just a bowl of noodles, ramen in Japan is an experience and a tourist attraction - The Mainichi
mainichi.jp/english/articles/20240425/p2g/00m/0li/043000c
Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran: Oil and gold prices rose and Japan's yen rallied on Friday on reports Israeli missiles ...
reuters.com/markets/view-oil-japans-yen-up-reports-israeli-missiles-hit-iran-2024-04-19/
Nidec posts unexpected quarterly loss, hit by restructuring costs amid China EV war
reuters.com/business/autos-transportation/nidec-posts-quarterly-loss-hit-by-restructuring-costs-2024-04-23/
Japanese yen rises sharply after hitting 34-year low against dollarJapanese yen rises sharply after hitting 34-year low against dollar | The Asahi Shimbun: Breaking News, Japan News and Analysis
Japan's big cities become magnets for inherited rural savings: TOKYO -- Major Japanese banks are vying for an estimated 58 trillion yen ($377 billion) in ...
asia.nikkei.com/Spotlight/Datawatch/Japan-s-big-cities-become-magnets-for-inherited-rural-savings
Paid articlePaid Currencies calm but cautious after a weary week: The euro and yen were relatively steady in early Asian trading on Monday and the U.S. dollar stayed near its ...
reuters.com/markets/currencies/currencies-calm-cautious-after-weary-week-2024-04-22/
Japan March duty-free sales at department stores surge to record high - The Mainichi
mainichi.jp/english/articles/20240425/p2g/00m/0bu/045000c
This veggie stands works on an honor system in the middle of Tokyo.🗼🥕 Prices are low, at around 100 yen or 70 cents per package.A Heart-Warming Tokyo Veggie Stand - Hometown Stories | NHK WORLD-JAPAN
Aussie, NZ dollars tumble on risk-off moves; yen rises: A wave of risk aversion swept over markets on Friday and sent the Australian and New Zealand dollars ...
reuters.com/markets/currencies/surging-dollar-set-weekly-gain-us-data-fed-push-back-rate-cuts-2024-04-19/
The number of visitors to Japan exceeded 3 million for the first time in March, while a weak yen drove tourists to spend a record amount over the first quarter ... Show more
Japan foreign tourists top 3m in March, fueling record spending boom - Nikkei Asia
Japan foreign tourists top 3m in March, fueling record spending boom - Nikkei Asia
Mt. Fuji's Yoshida route to cap entry at 4,000 daily, limit hours, collect toll - The Mainichi
mainichi.jp/english/articles/20240419/p2a/00m/0li/029000c
Five Things You Need to Know to Start Your Day: Asia: Good morning. Tech stocks are roaring back. Tesla wants to hurry up and build cheaper models ...
bloomberg.com/news/newsletters/2024-04-23/five-things-you-need-to-know-to-start-your-day-asia
BOJ Holds: The Bloomberg Open, Europe Edition: Good morning. The BOJ holds rates, sending the yen weaker. Big Tech saves the day after the close in New York ...
bloomberg.com/news/newsletters/2024-04-26/boj-holds-the-bloomberg-open-europe-edition
Nissan cuts annual operating profit estimate by 14.5% on lower sales: Nissan Motor slashed its annual operating profit estimate by 14.5% on Friday ...
reuters.com/business/autos-transportation/nissan-cuts-annual-operating-profit-estimate-by-145-lower-sales-2024-04-19/
Political heat prods Japan, South Korea to team up on weak currencies: The success of Japan and South Korea at inserting language voicing concern over their ...
reuters.com/markets/currencies/political-heat-prods-japan-south-korea-team-up-weak-currencies-2024-04-19/
US nods to 'serious' Japan, S.Korea concerns over slumping currencies: The United States, Japan and South Korea agreed to "consult closely" on foreign exchange ...
reuters.com/markets/us-japan-korea-finance-leaders-launch-first-trilateral-meeting-2024-04-17/
More Economists See BOJ Rate Hike in October, Flag July Risk: An increasing number of economists expects the Bank of Japan to raise interest rates again in ...
bloomberg.com/news/articles/2024-04-18/more-economists-see-boj-rate-hike-in-october-flag-july-risk
Paid articlePaid Yen sinks to 154 range vs dollar for 1st time in 34 years - The Mainichi: TOKYO (Kyodo) -- The yen fell below the 154 line against the U.S. dollar on Monday in ...
mainichi.jp/english/articles/20240415/p2g/00m/0bu/044000c
Beyond red and black: Survey finds Japan school backpack color trends changing - The Mainichi
mainichi.jp/english/articles/20240419/p2a/00m/0bu/013000c
Japan's Nidec projects record profit on EV parts recovery: KYOTO, Japan -- Japanese motor maker Nidec forecasts consolidated net profit to rise 32% to a ...
asia.nikkei.com/Business/Electronics/Japan-s-Nidec-projects-record-profit-on-EV-parts-recovery
Vinyl records hitting the right note with young music fansVinyl records hitting the right note with young music fans | The Asahi Shimbun: Breaking News, Japan News and Analysis
Japan 10-Year Bond Benchmark Yield Hits Five-Month High on US Treasury Rout: The yield on Japan’s 10-year government bond climbed to its highest since November ...
bloomberg.com/news/articles/2024-04-11/japan-10-year-yield-exceeds-0-8-as-us-cpi-boosts-treasury-yield
Paid articlePaid BOJ will raise rates again this year, say two-thirds of economists: The Bank of Japan will raise interest rates again in 2024, according to two-thirds of ...
reuters.com/markets/asia/boj-will-raise-rates-again-this-year-say-two-thirds-economists-2024-04-19/
Hidden billions in Tokyo real estate market lure activist hedge funds: In Japan, there's a huge gap -22 trn yen ($143 bn) by one estimate - between how firms ...
business-standard.com/world-news/hidden-billions-in-tokyo-real-estate-market-lure-activist-hedge-funds-124041601230_1.html
In a rare warning, the finance chiefs of the U.S., Japan and South Korea on Wednesday expressed concerns over the fall of the yen and the won. Asian currencies' plunge raises alertness over coordinated intervention - Nikkei Asia
Asian shares extend gains ahead of tech earnings, yen fragile - Markets - The Jakarta Post
thejakartapost.com/business/2024/04/23/asian-shares-extend-gains-ahead-of-tech-earnings-yen-fragile.html
Stolen $65,000 gold bowl found in Tokyo secondhand store - The Mainichi: TOKYO (Kyodo) -- A pure gold bowl priced at around 10 million yen ($65 ...
mainichi.jp/english/articles/20240416/p2g/00m/0na/004000c
How the weak yen is affecting ordinary households: We like to think, in the teeth of much evidence to the contrary, that we’re masters of our fate ...
japantoday.com/category/features/kuchikomi/how-the-weak-yen-is-affecting-ordinary-households
Dollar notches up strongest week since 2022: Currency’s strength compared with euro and sterling comes after outsize US inflation figures
ft.com/content/85f87fa4-80b0-4a94-90bc-8f7e0a00c70a
Dollar rises to 5-month high, puts heat on yen; GDP data boosts yuan
reuters.com/markets/currencies/dollar-firms-after-hot-retail-sales-yen-languishes-china-data-awaited-2024-04-16/
Sterling steadies against dollar, jumps to 16-year high vs yen: Sterling steadied on Friday after rising to a two-week high against the dollar as markets awaited ...
reuters.com/markets/currencies/sterling-steadies-against-dollar-jumps-16-year-high-vs-yen-2024-04-26/
Morning Bid: De-risking, seeking safety as Middle East tensions rise: A look at the day ahead in Asian markets.
reuters.com/markets/global-markets-view-asia-graphic-pix-2024-04-14/
On Himalayan hillsides grows Japan’s cold, hard cash: One of the poorest pockets of Asia supplies a primary ingredient for the economy in one of the richest.
nytimes.com/2024/04/15/world/asia/nepal-japan-yen-argeli.html
Quick Glance: Japanese Currency Cultivated from Himalayan Shrubs
- A shrub in Nepal supplies material for Asia's financial system.
- Argeli plant in Nepal was commonly used for firewood or fencing before Japan's currency involvement.
- Japan prints money on unique paper, not locally available, to meet the demand for fresh yen notes, benefiting Mr. Sherpa and neighbors.
Allianz says Japanese stocks will defy geopolitics and yen volatility: The asset manager expects support from solid corporate fundamentals and the long-term ...
japantimes.co.jp/business/2024/04/22/markets/japan-stock-market-forecast/
Golden Week holidaymakers in Japan to reach 90% of pre-COVID level - The Mainichi
mainichi.jp/english/articles/20240413/p2g/00m/0na/006000c
Japan doctors sue Google Maps over unfair reviews in first such class action : In a first-of-its-kind class-action lawsuit, 60 Japanese doctors are suing Google ...
wionews.com/world/japan-doctors-sue-google-maps-over-unfair-reviews-712845
Quick Glance: Google restructuring operations and relocating roles to 'hubs' to fund AI investments
- Google is implementing staff layoffs and transferring certain roles to 'hubs' to secure funds for artificial intelligence investments.
- The finance and real estate teams are being affected by the downsizing, with some roles being moved overseas.
- Through the consolidation of finance teams in Bangalore, Mexico City, Dublin, Chicago, and Atlanta, Google aims to enhance efficiency and operate around the clock.
- The restructuring is driven by the substantial shift towards artificial intelligence in the tech industry, prompting Google to allocate more resources to this domain.
Wendy’s releases Pretzel Roast Beef Burger aimed at foreign tourists in Japan: Wendy’s has released a limited-edition burger with a Western bent in Japan ...
japantoday.com/category/features/food/wendy%E28099s-releases-a-pretzel-roast-beef-burger-aimed-at-foreign-tourists-in-japan
Japan to create a 1-trillion-yen fund to bolster space businessJapan to create a 1-trillion-yen fund to bolster space business | The Asahi Shimbun: Breaking News, Japan News and Analysis
Japan's Fast Retailing clocked a 7% second-quarter profit growth that fell slightly short of market estimates, but the Uniqlo owner retained its annual profit ... Show more
Uniqlo operator upbeat on Europe, N.America after Q2 profit miss | Reuters
Uniqlo operator upbeat on Europe, N.America after Q2 profit miss | Reuters
Japan and South Korea could coordinate currency intervention, but they may need U.S. support
cnbc.com/2024/04/22/intervention-in-yen-and-won-not-out-of-the-question.html
Yuan hits 31-year high against yen on China intervention: TOKYO -- The yuan on Tuesday touched its strongest point against the yen in more than three decades as ...
asia.nikkei.com/Business/Markets/Currencies/Yuan-hits-31-year-high-against-yen-on-China-intervention
Paid articlePaid Stock Markets Today: ECB rate decision, Israel strike, Japanese yen: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-04-11/stock-markets-today-ecb-rate-decision-israel-strike-japanese-yen
Asian stocks fall as concern over Middle East spurs selling: TOKYO -- Japan's benchmark Nikkei Stock Average on Friday morning fell as much as 1,313.27 yen ...
asia.nikkei.com/Business/Markets/Asian-stocks-fall-as-concern-over-Middle-East-spurs-selling
Paid articlePaid
Japan’s Nikkei Closes above 38,000 Points as Tech Shares Soar (Update 1)
japannews.yomiuri.co.jp/news-services/reuters/20240424-182090/
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