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Japan Warns Against Yen Sell-Off, Eyes Intervention
- Category:Other
CNA
Japanese policymakers kept up their warnings against investors selling off the Japanese currency as the dollar rose to a fresh 24-year high against the yen on Wednesday (Oct 12), raising speculation about a second round of intervention.
The US currency rose to 146.35 yen, a level not seen s...
Japanese policymakers kept up their warnings against investors selling off the Japanese currency as the dollar rose to a fresh 24-year high against the yen on Wednesday (Oct 12), raising speculation about a second round of intervention.
The US currency rose to 146.35 yen, a level not seen s...
- October 12, 2022
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Nissan Decides To Pull Out Of Production In Russia
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JAPAN NEWS
Nissan Motor Co. announced Tuesday that it had decided to withdraw from automobile production in Russia, where it had been operating since 2009.
Nissan will transfer its local subsidiary, including its production plant, to an entity of the Russian government. Nissan suspended product...
Nissan Motor Co. announced Tuesday that it had decided to withdraw from automobile production in Russia, where it had been operating since 2009.
Nissan will transfer its local subsidiary, including its production plant, to an entity of the Russian government. Nissan suspended product...
- October 12, 2022
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Fumio Kishida Backs Bank Of Japan’s Ultra-Loose Policy Despite Yen Plunge
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FINANCE TIMES
Prime Minister Urges Companies That Are Passing Cost Increases On To Consumers To Also Raise Wages
Fumio Kishida has signalled his support for the Bank of Japan’s ultra-loose monetary policy despite the yen’s plunge to its lowest level in real terms since the 1970s.
In an intervie...
Prime Minister Urges Companies That Are Passing Cost Increases On To Consumers To Also Raise Wages
Fumio Kishida has signalled his support for the Bank of Japan’s ultra-loose monetary policy despite the yen’s plunge to its lowest level in real terms since the 1970s.
In an intervie...
- October 11, 2022
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Honda To Launch New Transportation Service Utilizing Light Jets, Cars, Bikes
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JAPAN NEWS
Honda Motor Co. plans to launch by the end of 2023 a transportation service dubbed MaaS (Mobility as a Service) that will utilize cars, motorbikes and its light plane, the HondaJet.
Because the HondaJet can operate at regional airports that lack regular flight services, the company h...
Honda Motor Co. plans to launch by the end of 2023 a transportation service dubbed MaaS (Mobility as a Service) that will utilize cars, motorbikes and its light plane, the HondaJet.
Because the HondaJet can operate at regional airports that lack regular flight services, the company h...
- October 10, 2022
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Japan Business Group In Taipei Voices Support For Taiwan's TPP Bid
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JAPAN TIMES
The Japanese business community in Taipei has voiced support for Taiwan’s application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership free trade pact.
Takuya Mihira, chairman of the Japanese Chamber of Commerce and Industry Taipei, told a Friday new...
The Japanese business community in Taipei has voiced support for Taiwan’s application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership free trade pact.
Takuya Mihira, chairman of the Japanese Chamber of Commerce and Industry Taipei, told a Friday new...
- October 10, 2022
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Alcohol Price Hikes Add To Bars' Woes As They Adapt To Reopening Japan
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JAPAN TODAY
For Kazuo Tachibana, a liquor store owner in Yokohama, the recent widespread price hike on alcohol looks like delivering another blow to a business already taking knocks.
"Customer spending has fallen from earlier this year, and many people seem much more hesitant to shop," the 81-y...
For Kazuo Tachibana, a liquor store owner in Yokohama, the recent widespread price hike on alcohol looks like delivering another blow to a business already taking knocks.
"Customer spending has fallen from earlier this year, and many people seem much more hesitant to shop," the 81-y...
- October 9, 2022
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Ministry Supports Bolstering Pharmaceutical Cooperation With Japan
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ANTARA NEWS
The Industry Ministry supports the strengthening of cooperation in pharmaceutical and medical device industries between Indonesia and Japan since the two industries are among the seven prioritized sectors in the Making Indonesia 4.0 roadmap.
The seven prioritized sectors are food a...
The Industry Ministry supports the strengthening of cooperation in pharmaceutical and medical device industries between Indonesia and Japan since the two industries are among the seven prioritized sectors in the Making Indonesia 4.0 roadmap.
The seven prioritized sectors are food a...
- October 9, 2022
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Japan's Forex Reserves Drop By Record $54 Bil. Following Intervention
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KYODO NEWS
Japan's foreign currency reserves fell by a record $54 billion to $1.238 trillion at the end of September, after the first intervention in 24 years to arrest the yen's rapid depreciation, Finance Ministry data showed Friday.
Among the reserves, securities, which include U.S. Treasuri...
Japan's foreign currency reserves fell by a record $54 billion to $1.238 trillion at the end of September, after the first intervention in 24 years to arrest the yen's rapid depreciation, Finance Ministry data showed Friday.
Among the reserves, securities, which include U.S. Treasuri...
- October 7, 2022
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Japan Targets Farm Export Gains To Blunt Weak Yen's Pain
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CNA
When Japanese Prime Minister Fumio Kishida vowed this week to wring more gains from the weak yen, which has become instead a source of economic pain, he was pinning his hopes on the likes of Soichi Yoshimura, 33, and his strawberry farm north of Tokyo.
Most Japanese farmers - like many othe...
When Japanese Prime Minister Fumio Kishida vowed this week to wring more gains from the weak yen, which has become instead a source of economic pain, he was pinning his hopes on the likes of Soichi Yoshimura, 33, and his strawberry farm north of Tokyo.
Most Japanese farmers - like many othe...
- October 6, 2022
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Energy Costs, Weak Yen Push Tokyo Inflation At Fastest Pace In 30 Years
- Category:Other
JAPAN TODAY
Energy prices and a weak yen sent core consumer prices in Tokyo 2.8 percent higher in September from a year earlier, the fastest pace of increase in over three decades when excluding the effects of tax hikes, government data showed Tuesday.
The core consumer price index for Tokyo ex...
Energy prices and a weak yen sent core consumer prices in Tokyo 2.8 percent higher in September from a year earlier, the fastest pace of increase in over three decades when excluding the effects of tax hikes, government data showed Tuesday.
The core consumer price index for Tokyo ex...
- October 5, 2022
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