Tokyo blinks in game of forex chicken

The Japanese government has grudgingly responded to the Federal Reserve’s hiking cycle by moving to prop up the staggering yen, the first such intervention since 1998 . The “decisive action”, in the ... ( read original story ...)

Japan keeps rates ultra-low, steps in to aid yen

STORY: Japan is defying a global trend. The country’s central bank on Thursday (September 22) said it would keep rates unchanged and ultra-low. That’s in contrast with its peers. Only a day earlier ... ( read original story ...)