Business / Financial Markets Jul 24, 2023
Global yen bond market emerges as oasis amid Japan volatility
by Finbarr Flynn and Kazumi Miura
Investors have scooped up yen debt from issuers outside Japan, fueling the busiest July since 2018.
Business | FOCUS Jul 23, 2023
Markets skeptical whether BOJ will change ultraloose policy
by Donican Lam
After decades fighting deflation, the BOJ wants robust wage growth and a stable inflation rate of 2%, fearing that tightening monetary policy too soon could backfire.
Business Jul 22, 2023
Japan to see price hikes on 35,000 food and drink items by end of 2023
The total, including the hikes in coming months, already eclipses the 2022 total of 25,768 items, Teikoku Databank Ltd. said in its report in mid-July.
Business Jul 21, 2023
Japan's top financial diplomat signals chance of BOJ policy tweaks
In rare remarks on monetary policy, Masato Kanda said he expects the Bank of Japan to make a judgment on policy by analyzing the conditions and outlook for prices at every review.
Business / Financial Markets Jul 20, 2023
Nikko Asset shifts to bullish yen slant as Ueda bides his time
by Winnie Hsu and Ruth Carson
The shift in his view highlights potential upside for the yen, where inflation-adjusted interest rates have exacerbated its decline to multidecade lows.
Business Jul 12, 2023
Yen strengthens through ¥140 as bulls bet on turning point
by George Lei and Anya Andrianova
Predictions that the yen was poised for a 10% rally as Japan relented on its ultradovish monetary policy have yet to pan out, but signs that the currency is at a turning point are mounting.
Business Jul 10, 2023
Japan's May current account surplus doubles to ¥1.86 trillion
Exports, a key driver of the Japanese economy, marked their first year-on-year drop in 27 months amid fewer shipments to China and concern about slowing global economic growth.
Business Jul 7, 2023
Bank of Japan deputy chief doesn't anticipate rate hikes in near future
by Noriyuki Suzuki
The deputy also said "rapid and one-sided" yen weakening is not desirable and the BOJ will coordinate closely with the government, adding to recent warnings by Japanese authorities.
Business Jul 5, 2023
Fund that beat 99% of peers by betting on China shares is shifting to booming Japan
by Youkyung Lee
Midas International Asset Management is betting on Japanese technology firms and companies bolstered by the economy’s reopening.
Business / Financial Markets Jul 4, 2023
Tokyo in constant dialogue with U.S. and others on currencies, finance minister says
by Tetsushi Kajimoto and Leika Kihara
The remarks likely signal Tokyo's desire to keep the market on guard about possible currency intervention to prop up the yen, which has been hovering near ¥145 to the dollar.
Business / Financial Markets Jun 30, 2023
Warren Buffett points the way, but other trends upping Japan’s investment appeal
by Elizabeth Beattie
A weak yen, renewed efforts to lift corporate value and geopolitical tensions are all playing a role in foreign investors' reassessment of Japan.
Business Jun 30, 2023
Yen weakens to ¥145 per dollar, nears 2022 intervention level
by Yumi Teso and Masaki Kondo
Last year, the currency’s slide toward ¥146 triggered intervention, and in the buildup to that there were repeated official warnings.