The Japanese yen rallied to its strongest level to the U.S. dollar in more than four months after the Bank of Japan on Wednesday surprised the majority of economists by delivering an interest rate ...
Tokyo Steel Manufacturing Co., Ltd. (TOKSF)
July's market turmoil has hit some stocks harder than others, notably the big ones. And during that time the Russell 2000 small-cap index has roared back. Shares of Microsoft (MSFT) are falling more ...
Japan confirms $36.8 billion currency intervention as weak yen pushes BOJ to hike interest rates
Japanese authorities spent 5.53 trillion yen ($36.8 billion) to shore up the yen in July, official data published Wednesday showed.
Head over to these serene nature escapes near Tokyo
Hakone, less than two hours from Tokyo, is famous for its hot springs and stunning Mount Fuji views. It offers a tranquil escape with lush mountains and clear lakes. Visitors can enjoy Lake Ashi cruises or the Hakone Open Air Museum. The area's hot springs are ideal for unwinding after sightseeing, making it a perfect ...
Japan spent $36.8 billion in July intervention, official data shows
Japanese authorities spent 5.53 trillion yen ($36.8 billion)intervening in the foreign exchange market this month to pull the yen off 38-year lows, official data showed on Wednesday. ( read original story ...)
Japan Spent $36.6 Billion to Prop Up Yen in Past Month
Japan’s currency intervention to support the yen in the past month was worth ¥5.5 trillion ($36.6 billion), as the government showed its willingness to counter speculators betting against the yen. ( read original story ...)
NBCUniversal’s Paris Olympics sales beat Tokyo’s US$1.25 billion
Comcast Corp.’s NBCUniversal said advertising revenue for the Paris Olympics and Paralympics surpassed the record US$1.25 billion sold for the Tokyo 2020 Games. ( read original story ...)
Two luxury companies are selling big to Japanese buyers, not just to tourists taking advantage of the cheaper yen
Prada's Japan sales surged 55% in the first half of 2024, driven by local customers — despite a surge of Chinese shoppers in Japan. ( read original story ...)
Two luxury companies are selling big to Japanese buyers, not just to tourists taking advantage of the cheaper yen
Prada's Japan sales surged 55% in the first half of 2024, driven by local customers — despite a surge of Chinese shoppers in Japan. ( read original story ...)
Japan’s top automaker Toyota acknowledges more certification cheating and apologizes
Toyota has reported more cases of cheating on certification tests for new models required by the Japanese government, on top of others acknowledged earlier. ( read original story ...)
Easy Japanese news in translation: Bottlenose dolphin born at aquarium in Yokohama
A baby bottlenose dolphin was born at Yokohama Hakkeijima Sea Paradise, an aquarium in Kanagawa Prefecture. The animal is 1 meter long and weighs 20 k ... ( read original story ...)
1 dead and dozens sickened after eating roasted eel from a Japanese department store
One person has died and nearly 150 others have been sickened after eating grilled eel prepared by a restaurant chain and sold at a department store near Tokyo ... ( read original story ...)
Warburg Pincus-Backed ESR-LOGOS To Buy Japan, Singapore Properties For $576 Million
Warburg Pincus-backed ESR-LOGOS REIT has agreed to buy stakes in logistics properties in Japan and Singapore for $576 million to tap on Asia’s booming e-commerce. ( read original story ...)
Bank of Japan lifts rates as Fed inches towards cut
The Bank of Japan is expected to detail plans to taper its huge bond buying on Wednesday and debate whether to raise interest rates, signalling its resolve to steadily unwind a decade of massive ...
ASML, Tokyo Electron Shielded From US Chip Export Rules, For Now
Tokyo Electron Ltd. and ASML Holding NV led a worldwide rally in semiconductor stocks after Reuters reported the Biden administration planned to exempt chip-equipment makers in Japan, the Netherlands ...
10,000 km from home, students from Japan’s quake-hit Noto cheer at Paris Olympics
As the final whistle blew, Japanese supporters in the stands at Parc des Princes in Paris erupted in cheers. The Japanese women's soccer team, Nadeshiko Japan, had come from behind in their Olympic ... ( read original story ...)