Japan’s 'king of deals' looks for currency at ¥120 to launch global M&A
Yoshihisa Kainuma anticipates the yen will soon appreciate from a current level of around ¥128 per dollar because the Fed is likely to slow the pace of monetary policy tightening.
More Indonesians in Japan's foreign trainee program amid weak yen
The demographic shift in the foreign technical trainee program has also come about as the result of the differing costs for trainees to come to Japan.
U.S. dollar hits seven-month low amid rise in Japan's benchmark long-term interest rate
On the bond market, the yield on 10-year Japanese government bonds rose to 0.545%, its highest since June 2015.
Yen rally under threat after break of long-term support level
The currency fell for a fourth day Friday following stronger-than-forecast U.S. employment data, dropping further below a support line starting from October’s three-decade low.
Yen extends gains to strongest mark since June after BOJ policy shift
The recovery has been driven by government intervention, the outlook for slowing U.S. interest rate hikes and speculation the BOJ is about to unwind its ultraeasy policy.
From the assassination of former Prime Minister Shinzo Abe, to the reopening of borders amid the easing of the pandemic: The stories that defined 2022 domestically.
Speculators slash bets against the yen as BOJ leaves carry traders gasping
The dovishness that the BOJ exhibited up until this week has fueled weakness in the currency, and so signs of a hawkish turn have the potential to reverse that.
Nippon Life may buy more domestic bonds after BOJ shift raises yields
Benchmark 10-year sovereign yields have almost doubled to 0.48% after policymakers raised the cap to 0.50% on Tuesday.
Investors rush to update yen playbook after Bank of Japan’s surprise shift
The yen surged 4.8% on Tuesday after the BOJ blindsided the market by raising its cap on 10-year bond yields to 0.5% from 0.25%.
Why the BOJ chose the final weeks of the year to shift policy
The BOJ has apparently been keen to shore up its easing policy’s side effects, but such a shift needed to catch market participants off guard to prevent speculative moves.
Master of surprise Kuroda does it one more time
An unexpected BOJ policy tweak stunned markets. Expect central banking’s biggest outlier to keep confounding investors.
