Japan’s finance minister said the government’s intervention in the currency market a little over a month ago was effective to some extent, in the first official acknowledgment of the action after the ...
Japan’s record market foray curbed speculative moves: finance chief
TOKYO (Kyodo) -- Japan's record currency market intervention between April and May was aimed at curbing excessive yen movements driven by speculators and proved effective "to a certain extent," ...
Japan’s yen intervention was effective to an extent, finance minister says
Japan’s finance minister has said the government’s intervention in the currency market a little over a month ago was effective to some extent, in the first official acknowledgment of the action after ...
Japan finance minister: Forex intervention had a certain impact
TOKYO: Japan's foreign exchange market intervention in late April and early May had a certain impact, Finance Minister Shunichi Suzuki said on Tuesday. Japanese authorities spent ¥9.79 trillion (US$62 ...
ETFs to Watch on Japan’s First Yen Intervention Since 2022
Japan's Ministry of Finance revealed that the country has conducted its first currency intervention since October 2022, aimed at stabilizing the yen following its decline to a 34-year low in April.
Earthquakes in north-central Japan collapse 5 homes that were damaged in deadly January quake
Earthquakes have again struck Japan’s north-central region of Ishikawa that is still recovering from the destruction left by a powerful quake on Jan. 1 ... ( read original story ...)
Japan’s govt to warn of weak yen pain in policy roadmap, draft shows
Japan's government will warn of the pain a weak yen may inflict on households in this year's long-term economic policy roadmap, a draft seen by Reuters showed, as policymakers grow increasingly ... ( read original story ...)
Japan auto safety scandal widens, Toyota halts some shipments
A safety test scandal at Japanese automakers widened on Monday, with Toyota Motor and Mazda both halting shipments of some vehicles after Japan's transport ministry found irregularities in ... ( read original story ...)
Japan’s UK state visit to go ahead despite election
The King would traditionally spend a week in Scotland, known as “Royal Week” or “Holyrood Week”, at the end of June and the beginning of July. If this clashes with the result of the 4 July election, ... ( read original story ...)
Japan PM Kishida will not call snap election before parliament closes, Asahi reports
Japan's Prime Minister Fumio Kishida is making final arrangements not to call a snap election during the current parliament session ending June 23, the Asahi daily reported on Tuesday, citing unnamed sources in his administration. ( read original story ...)
China’s new aircraft carrier pushes India, Japan, South Korea to upgrade: ‘source of anxiety’
China currently operates two aircraft carriers, the Liaoning and the Shandong. It launched the Fujian, a next-generation 80,000-tonne aircraft carrier larger than those operated by India or Japan, ... ( read original story ...)
Inside the BVI’s Hottest New Property, a $35,000-Per-Night Villa Carved Into a Cliff
The three-tiered, 23,500-square-foot Villa Katsura was carved into three acres of cliffside 20 years ago, as an exact replica of a home in Okinawa. “The patriarch of the original family that owned it ... ( read original story ...)
Japan opens national ID to integration with digital wallets
The integration will enable Japanese citizens to add their My Number card to their iPhones and utilize it securely in various scenarios.
Why Accountants Are Now Learning About Bitcoin
Bitcoin is becoming integral to modern finance, and accounting bodies now see it as both an opportunity and a risk.
DMM Bitcoin Says Bitcoin Worth About 48.2 Billion Yen Leaked
DMM Bitcoin Says Bitcoin Worth About 48.2 Billion Yen Leaked TOKYO (Reuters) - Japan's cryptocurrency exchange DMM Bitcoin said on Friday that bitcoin worth about 48.2 billion yen ($308 million) had been leaked. ($1 = 156.6400 yen) (Reporting by Kaori ...
Biden Veto Angers Crypto Industry as It Floods 2024 Election With Cash
The resolution would have repealed the Securities and Exchange Commission’s Staff Accounting Bulletin 121, which sought to force financial institutions that are holding crypto to keep the digital ...