TOKYO (Reuters) - Japanese service prices are rising and bumper pay hikes offered by firms will boost household income later this year, the Bank of Japan said, underscoring its conviction the economy ...
JGB yields drop in sympathy with US peers amid dovish BOJ
Japanese government bond yields dropped sharply on Tuesday, catching up with a slide in U.S. Treasury yields as Japanese markets reopened following a national holiday. The 10-year JGB yield declined 5 ...
BOJ Data May Help Show Whether Japan Intervened in Forex Market
The Bank of Japan is set to release data tonight that may help solve the mystery of whether authorities intervened in the currency market on Monday after the yen plunged beyond 160 per dollar.
Osaka Welcomes Three Maiden Calls
The Port of Osaka welcomed three inaugural visits in April, including from Oceania's Riviera, Princess Cruises’ Royal Princess and Royal Caribbean’s Serena ... ( read original story ...)
Tokyo Stocks Close Higher With Focus On Yen
Tokyo stocks closed higher on Tuesday after gains on Wall Street, with focus on the yen following speculation that the Japanese government intervened to prop up the currency. ( read original story ...)
BUZZ-USD/JPY-Bid in Tokyo after Monday’s fireworks
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Tokyo should mend its provocative ways
China has enough reasons to lodge solemn representations to Japan, as it did on Sunday, after five Japanese lawmakers trespassed on Friday into waters near China's Diaoyu Islands allegedly for a maritime "inspection". ( read original story ...)
Japan to trial AI bear warning system after record number of attacks
Six people have been killed and more than 200 injured in attacks by bears over the past year ( read original story ...)
Japan Govt to Respond Firmly to Excessive FX Movements, Top Currency Official Says
Japan’s top currency official said it was the government’s job to respond firmly to excessive movements in the currency market driven by speculators because these movements exerted a negative effect ...
Japan’s JERA expects annual profit to halve
JERA, Japan's biggest power generator, on Tuesday forecast its profit for the fiscal year ending next March to halve to 200 billion yen ($1.3 billion) on lower revenue from overseas power generation business. ( read original story ...)
Japan Intervenes To Support Struggling Yen: Why Did It Trigger Nikkei 225 Futures Dip? 4 Charts To Watch (CORRECTED)
The Bank of Japan intervened to boost the weakening yen, causing it to recover 3% before falling to 156.80. This negatively impacted Japanese equities. ( read original story ...)
Plummeting Japanese yen turns country into ‘shopping paradise,’ drawing Chinese tourists
The Japanese yen hit a 34-year low against the dollar on Monday, but the weak currency has turned Japan into a shopping paradise, with a large number of international tourists flocking to the country ... ( read original story ...)
YOTEL PARTNERS WITH FRASERS HOSPITALITY TO LAUNCH YOTEL TOKYO GINZA IN 2025
TOKYO, April 30, 2024 /PRNewswire/ — YOTEL today announced its partnership with Singapore -based Frasers Hospitality, to open the first YOTEL hotel in Japan in early 2025. YOTEL Tokyo Ginza is located ... ( read original story ...)
DOJ wants to send ‘strong message’ with sentencing for Binance founder
A sentencing recommendation for Binance crypto exchange founder Changpeng “CZ” Zhao following financial crimes includes years in prison.
Sign of intervention? Japan’s yen jumps against dollar
The yen jumped against the dollar on Monday, with traders citing yen-buying intervention by Japanese authorities as a trigger for the bounce in a currency languishing at levels last seen over three decades ago.
Japan March jobless rate stays flat at 2.6%
Japan's jobless rate in March was unchanged at 2.6% compared to February, government data showed on Tuesday. The seasonally adjusted unemployment rate compared with economists' median forecast of 2.5%. ( read original story ...)