Dollar hits 34-year high against yen after US inflation data: Move past ¥153 sparks speculation that Japan could intervene to support currency
ft.com/content/661bc2cb-6d6f-42b3-9909-d2bd696deb8a
Dollar's dominant reserve currency status to endure, says Morgan Stanley: The U.S. dollar's dominant reserve currency status is likely to endure partly because ...
reuters.com/markets/currencies/dollars-dominant-reserve-currency-status-endure-says-morgan-stanley-2024-04-18/
Putin and Xi’s Unholy Alliance: Why the West Won’t Be Able to Drive a Wedge Between Russia and China
foreignaffairs.com/china/putin-and-xis-unholy-alliance
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Quick Glance: Hong Kong Denies Entry to Press Freedom Advocate
- Reporters Without Borders reported that a representative of the organization was deported from Hong Kong upon arrival on Wednesday.
- Aleksandra Bielakowska, a representative of Reporters Without Borders based in Taiwan, was detained for six hours at Hong Kong International Airport and then deported without explanation.
- Bielakowska traveled to Hong Kong to meet with journalists and monitor the trial of media tycoon Jimmy Lai, who faces possible life imprisonment for national security offenses.
- Hong Kong has witnessed a significant decline in press freedom in recent years, ranking 140th out of 180 countries and territories in Reporters Without Borders' 2023 World Press Freedom Index.
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/
ASHR: China May Finally Be 'Investable' Again: Discover why Chinese stocks have been labeled as wealth destroyers, but also learn about the potential for ...
seekingalpha.com/article/4682510-ashr-china-may-finally-be-investable-again
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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/
Xiaomi says sales of its electric car 3-5 times higher than expected: Sales of Chinese smartphone maker Xiaomi's first electric car have been 3-5 times higher ...
reuters.com/business/autos-transportation/xiaomi-says-sales-its-new-ev-have-been-3-5-times-higher-than-expected-2024-04-18/
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
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.
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/
China central bank to set up $70 bln tech re-lending programme: China's central bank will set up a 500 billion yuan ($70 billion) re-lending programme to support ...
reuters.com/world/china/china-central-bank-set-up-70-bln-tech-re-lending-programme-2024-04-07/
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/
Dollar edges down but still close to 5-1/2 month high, Fed, Middle East in focus
reuters.com/markets/currencies/dollar-steady-yen-fragile-after-fed-comments-dash-rate-cut-bets-2024-04-17/
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/
China c.bank set to leave policy rate unchanged, drain some liquidity: China's central bank is set to leave a key policy rate unchanged when rolling over ...
reuters.com/markets/asia/china-cbank-set-leave-policy-rate-unchanged-drain-some-liquidity-2024-04-12/
Uniqlo operator Fast Retailing’s Q2 profit climbs 7%: Fast Retailing is on track for a third straight year of record earnings.
straitstimes.com/business/uniqlo-operator-fast-retailing-says-q2-profit-rose-72
China's BYD unveils three new models for its off-road Fangchengbao lineup: BYD has unveiled three new models, including two concept cars, under its premium brand ...
reuters.com/business/autos-transportation/chinas-byd-unveils-three-new-models-its-off-road-fangchengbao-lineup-2024-04-17/
Breaking news: The dollar has notched up its strongest weekly performance since 2022 after outsize US inflation figures caused ripples through world markets ... Show more www.ft.com/content/85f87fa4-80b0-4a94-90bc-8f7e0a00c70a
China natural disasters cost $3.3 billion in first quarter, government says: Floods, droughts, an earthquake and freezing conditions in China caused direct ...
reuters.com/world/china/china-natural-disasters-cost-33-billion-first-quarter-government-says-2024-04-13/
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/
Dollar firm, yen under watch ahead of key US CPI release: The dollar consolidated on Wednesday ahead of a key inflation report later in the day ...
reuters.com/markets/currencies/dollar-sideways-yen-under-watch-ahead-key-cpi-release-2024-04-10/
China solar industry faces shakeout, but rock-bottom prices to persist: Consolidation in China's crowded solar power sector is pushing smaller players out of the ...
reuters.com/business/energy/china-solar-industry-faces-shakeout-rock-bottom-prices-persist-2024-04-03/
China c.bank keeps policy rate unchanged, drains cash from banking system: China's central bank on Monday left a key policy rate unchanged as expected when ...
reuters.com/markets/rates-bonds/china-cbank-keeps-policy-rate-unchanged-drains-cash-banking-system-2024-04-15/
China EV maker Nio urges openness in US speech amid tensions: Chinese electric vehicle (EV) maker Nio's founder called for openness in a rare speech in the ...
reuters.com/business/autos-transportation/china-ev-maker-nio-urges-openness-us-speech-amid-tensions-2024-04-14/
Japanese doctors demand damages from Google over ‘groundless’ reviews: Rolling coverage of the international stories of interest to our readers
irishexaminer.com/world/arid-41377759.html
Japan's inflation slows to 2.6% in March but rate hike still likely: Japan's core inflation slowed to 2.6 percent in March as the effects of higher ...
japantoday.com/category/business/update3-japan&
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
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/
Toshiba mulls cutting thousands of domestic jobs to reduce costs - The Mainichi: TOKYO (Kyodo) -- Toshiba Corp. is considering cutting thousands of workers in ...
mainichi.jp/english/articles/20240417/p2g/00m/0bu/057000c
Japanese tea leaves fetch 1.11 mil. yen at auction: The season's first auction of new Japanese tea leaves has been held in Shizuoka City ― renowned for its ...
www3.nhk.or.jp/nhkworld/en/news/ataglance/3086/
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 asia.nikkei.com/Business/Travel-Leisure/Japan-foreign-tourists-top-3m-in-March-fueling-record-spending-boom
BOJ chief hints at rate hike if weak yen raises inflation fears - The Mainichi: WASHINGTON (Kyodo) -- Bank of Japan Governor Kazuo Ueda on Thursday suggested a ...
mainichi.jp/english/articles/20240419/p2g/00m/0bu/010000c
Oil Poses More Risks for Yen (JPY USD) as Japan Depends on Energy Imports: As if the yen doesn’t have enough reasons to weaken, risks are emerging that higher ...
bloomberg.com/news/articles/2024-04-19/oil-poses-more-risks-for-yen-as-japan-depends-on-energy-imports
Japan's finance minister gives fresh warning on excessive yen moves: Japanese Finance Minister Shunichi Suzuki said on Friday authorities would take appropriate ...
reuters.com/markets/currencies/japans-finance-minister-gives-fresh-warning-excessive-yen-moves-2024-04-19/
Tokyo court orders ex-head of illegal manga site to pay $11 million - The Mainichi
mainichi.jp/english/articles/20240418/p2g/00m/0na/065000c
Japan welcomes record-breaking 3 million foreign tourists in March | The Asahi Shimbun: Breaking News, Japan News and Analysis
asahi.com/ajw/articles/15233412
Quick Glance: Record: 3 Million Foreign Visitors to Japan in March
- In March, the number of foreign visitors to Japan exceeded 3 million for the first time, a 69.5 percent increase from the previous year, driven by tourists attracted to cherry blossoms and Easter holidaymakers.
- Spending by overseas travelers in the country reached a record of 1.75 trillion yen for the January-March quarter, the highest ever for a three-month period.
- Prime Minister Fumio Kishida presided over a meeting of a ministerial council established to promote Japan as a tourism-oriented country, expressing expectations of reaching record highs in both arrivals and spending in 2024.
- The largest number of travelers came from South Korea, followed by Taiwan, with the increase coinciding with the Easter holiday and Japan continuing to work towards attracting an annual 60 million foreign visitors by 2030.
PBOC’s Easier Yuan Defense (CNY USD) May Stem From Trade-Weighted Strength: Beijing’s currency defense against the dollar risks coming undone by the side effect ...
bloomberg.com/news/articles/2024-04-18/pboc-s-easier-grip-on-yuan-may-stem-from-trade-weighted-strength
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JPY/USD: Japan Finance Minister Suzuki Says Yen Set by Factors Beyond Rate Gap: Japanese Finance Minister Shunichi Suzuki said an interest rate gap with the US ...
bloomberg.com/news/articles/2024-04-18/japan-s-suzuki-says-yen-set-by-various-factors-beyond-rate-gap
Dollar rally stalls after rare FX warning from finance chiefs: The dollar fell for a second day on Thursday after a rare warning by the finance chiefs of the ...
reuters.com/markets/currencies/dollar-takes-breather-investors-ponder-us-rates-outlook-2024-04-18/
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. asia.nikkei.com/Business/Markets/Currencies/Asian-currencies-plunge-raises-alertness-over-coordinated-intervention
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
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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/
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
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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/
Yuan (CNY USD) Usage Making Larger Share of International Payments, Swift Says: The Chinese yuan is accounting for a growing share of international payments ...
bloomberg.com/news/articles/2024-04-18/yuan-usage-extends-global-climb-as-euro-share-slips-swift-says
De-dollarization: Even businesses in China are hanging onto their USD: Despite discussions about de-dollarization, the US dollar still dominates global foreign ...
businessinsider.com/dedollarization-china-businesses-hoarding-us-dollars-fx-earnings-yuan-renminbi-2024-4
Morning Bid: Jitters heighten, financial conditions tighten: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-04-18/
China Reiterates Need for Steady Yuan (CNY USD) as Dollar Strengthens: China reiterated the need to prevent one-sided moves in the yuan, as a resurgent dollar ...
bloomberg.com/news/articles/2024-04-18/china-reiterates-need-for-steady-yuan-amid-fragile-confidence
Morning Bid: Investors take breather, FX plots thicken: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-04-17/
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
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Japan records trade deficit for third straight fiscal year despite recovering exports
japantoday.com/category/business/japan-records-a-trade-deficit-for-the-third-straight-fiscal-year-despite-recovering-exports
Japan to fund KDDI, four others to build AI supercomputer: TOKYO -- The Japanese government will give five companies, including telecom company KDDI ...
asia.nikkei.com/Business/Technology/Japan-to-fund-KDDI-four-others-to-build-AI-supercomputer
Zimbabwe Gold (ZiG) Won't Solve the Country's Problems: What Zimbabwe needs is a new political direction, not a new currency.
bloomberg.com/opinion/articles/2024-04-18/zimbabwe-gold-zig-won-t-solve-the-country-s-problems
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Starbucks unveils new Gohobi Frappuccino in Japan: The old adage, “If you’re not early you’re late” is applicable to a lot of time-conscious societies like Japan ...
japantoday.com/category/features/food/starbucks-unveils-new-gohobi-frappuccino-in-japan-1
Morning Bid: Tech, FX clouds clear: A look at the day ahead in European and global markets from Kevin Buckland
reuters.com/markets/global-markets-view-europe-2024-04-18/
IMF urges Bank of Japan to tread cautiously in raising interest rates: The Bank of Japan (BOJ) must tread cautiously in raising interest rates ...
reuters.com/markets/asia/imf-urges-bank-japan-tread-cautiously-raising-interest-rates-2024-04-19/
China's c.bank warns against 'one-sided' pursuit of credit expansion: China's central bank cautioned on Thursday against a "one-sided" pursuit of credit ...
reuters.com/world/china/chinas-cbank-warns-against-one-sided-pursuit-credit-expansion-2024-04-18/
Strong dollar poses question over timing of Japan intervention: TOKYO -- The resilience of the U.S. economy is raising uncertainty over whether Japanese monetary ...
asia.nikkei.com/Business/Markets/Currencies/Strong-dollar-poses-question-over-timing-of-Japan-intervention
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Squeezed by strong dollar, BOJ watches yen ahead of policy meeting: WASHINGTON/TOKYO -- A yen sell-off and its effect on inflation loom large over the Bank of ...
asia.nikkei.com/Business/Markets/Currencies/Squeezed-by-strong-dollar-BOJ-watches-yen-ahead-of-policy-meeting
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Seoul, Tokyo vow 'appropriate action' on weak yen and won: South Korea and Japan shared "serious concerns" on the recent weakness of their ...
japantoday.com/category/business/seoul-tokyo-vow-&
T. Rowe Price Says Yen Is at Risk of Falling 10% Against Dollar: The Japanese yen will continue its drop and could slide another 10% to levels not seen since the ...
bloomberg.com/news/articles/2024-04-15/t-rowe-price-says-yen-is-at-risk-of-falling-10-against-dollar
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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/
China Loosens Grip on Yuan by Weakening Fix Amid Dollar Strength: China unexpectedly weakened its yuan defense as pressure from a resurgent dollar and poor ...
bloomberg.com/news/articles/2024-04-16/china-loosens-grip-on-yuan-by-weakening-fixing-as-dollar-gains
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Asian currencies can't fight the dollar on a rampage: Markets tend to reflect economic performance. And ideal or not, the reality of a world is one currency ...
japantimes.co.jp/commentary/2024/04/18/world/asian-currencies-dollar-rampage/
PHP USD: Philippine Central Bank Chief Says Peso Fall Won’t Affect Policy: Philippine central bank Governor Eli Remolona said the peso’s recent weakness isn’t ...
bloomberg.com/news/articles/2024-04-17/philippine-central-bank-chief-says-peso-fall-won-t-affect-policy
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Average price of Tokyo area condo up 9.5% to record high in FY 2023 - The Mainichi
mainichi.jp/english/articles/20240419/p2g/00m/0bu/005000c
Japan Hotel Prices Near 30-Year High Thanks to Tourism Surge, Weak Yen (JPY USD): Hotel prices in Japan soared to a near three-decade high in March ...
bloomberg.com/news/articles/2024-04-19/japan-hotel-prices-near-30-year-high-thanks-to-tourism-surge-weak-yen-jpy-usd
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How has the Yuan fared in comparison to the US dollar?
Tracing the rise of the Yuan currency.
Shivan Chanana and Hem Saroya tell you more
Watch more on ... Show more wionews.com/videos #BusinessNews #YuanDollar
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/
Zimbabwe Won’t Print More ZiG Notes Unless They Are Backed by Reserves: Zimbabwe won’t print additional ZiG notes unless it has the reserves to back the new ...
bloomberg.com/news/articles/2024-04-17/zimbabwe-won-t-print-more-zig-notes-unless-they-are-backed-by-reserves
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Kyushu-exclusive Black Mont Blanc goes nationwide in a 'Special' way: Across Japan there various regions that are said to produce food with a quality ...
japantoday.com/category/features/food/kyushu-exclusive-black-mont-blanc-goes-nationwide-in-a-&
CNY/USD: China’s Yuan to Test Key 7.3 Level After Fixing Surprise: China’s second attempt in a month to loosen its grip on the yuan is opening up the door for ...
bloomberg.com/news/articles/2024-04-16/china-s-fixing-surprise-paves-way-for-yuan-to-test-key-7-3-level
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Japan opposition party to propose using BOJ’s ETF dividends for childcare | The Asahi Shimbun: Breaking News, Japan News and Analysis
asahi.com/ajw/articles/15232493
Major Manga Piracy Site Forced to Pay Largest Cost in Damages in Japanese History
cbr.com/manga-piracy-biggest-payment-japanese-history/
Japan firms business mood slips as weak yen squeezes households
reuters.com/markets/asia/japan-firms-business-mood-slips-weak-yen-squeezes-households-2024-04-16/
Yuan Funding Costs Climb in Hong Kong, Pressuring Bearish Bets: Signs of a cash squeeze are starting to emerge in the yuan’s largest offshore trading center ...
bloomberg.com/news/articles/2024-04-17/yuan-funding-costs-climb-in-hong-kong-pressuring-bearish-bets
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