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Yen Plunges To Nearly 20-Year Low Against U.S. Dollar
- Category:Other
JAPAN TODAY
The Japanese yen plunged to its lowest level against the U.S. dollar in nearly 20 years on Wednesday, as the unit continued its fall amid the prospect of a widening monetary policy gap between the Bank of Japan and the U.S. Federal Reserve.
The currency sank to the lower 126 yen lev...
The Japanese yen plunged to its lowest level against the U.S. dollar in nearly 20 years on Wednesday, as the unit continued its fall amid the prospect of a widening monetary policy gap between the Bank of Japan and the U.S. Federal Reserve.
The currency sank to the lower 126 yen lev...
- April 13, 2022
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Japan’s Honda Outlines Strategy To Forge Ahead On Evs
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AP NEWS
Honda is investing 5 trillion yen ($40 billion) over the next decade in research, especially to realize a major shift to ecological electric vehicles, the Japanese automaker said Tuesday.
The products and services in the works will account for more than half of its 8 trillion yen ($64 b...
Honda is investing 5 trillion yen ($40 billion) over the next decade in research, especially to realize a major shift to ecological electric vehicles, the Japanese automaker said Tuesday.
The products and services in the works will account for more than half of its 8 trillion yen ($64 b...
- April 12, 2022
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Japan’s Titanium Makers Expected To Gain More US Business From Ukraine War
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FINANCIAL TIMES
Metal’s price forecast to jump by two-thirds as a result of supply chain disruption and Russia sanctions
Traders are betting that Japanese titanium suppliers will capture substantially more of the global market for the metal as President Vladimir Putin’s invasion of Ukraine forc...
Metal’s price forecast to jump by two-thirds as a result of supply chain disruption and Russia sanctions
Traders are betting that Japanese titanium suppliers will capture substantially more of the global market for the metal as President Vladimir Putin’s invasion of Ukraine forc...
- April 11, 2022
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Japan Looks To Top Up LNG Reserves As Possible Russian Gas Cutoff Looms
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JAPAN TIMES
The government has asked power companies to top up their liquefied natural gas (LNG) reserves and share energy resources, a person familiar with the contingency plan said, as civilian deaths in Ukraine push Tokyo to halt Russian fuel imports.
Utilities are scrambling for already str...
The government has asked power companies to top up their liquefied natural gas (LNG) reserves and share energy resources, a person familiar with the contingency plan said, as civilian deaths in Ukraine push Tokyo to halt Russian fuel imports.
Utilities are scrambling for already str...
- April 11, 2022
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Toshiba Suspends Spin-Off Plan; Weighs Going Private
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JAPAN TODAY
Troubled Japanese conglomerate Toshiba has said it is suspending its plan to split into two after last month's shareholder vote against the idea and will now weigh the possibility of going private.
The firm announced in a statement Thursday that its management team will lead discuss...
Troubled Japanese conglomerate Toshiba has said it is suspending its plan to split into two after last month's shareholder vote against the idea and will now weigh the possibility of going private.
The firm announced in a statement Thursday that its management team will lead discuss...
- April 9, 2022
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Japan's Current Account Recovered From Major Deficit In February
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JAPAN TIMES
Japan’s current account balance swung back into the black in February from its second-biggest deficit on record in the previous month, providing some respite for policymakers amid a deterioration in economic fundamentals.
Soaring fuel costs and a weak yen have expanded the nation’s ...
Japan’s current account balance swung back into the black in February from its second-biggest deficit on record in the previous month, providing some respite for policymakers amid a deterioration in economic fundamentals.
Soaring fuel costs and a weak yen have expanded the nation’s ...
- April 8, 2022
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Amid Deepening Yen Weakness, A Mixed Blessing Sours For Japan
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JAPAN TIMES
A weaker yen has long been considered a boon for Japan’s economy, helping blue-chip exporters such as Toyota Motor Corp. But that narrative is increasingly in question as the yen’s recent plunge aggravates the impact of surging commodity prices, hitting some businesses and consumers...
A weaker yen has long been considered a boon for Japan’s economy, helping blue-chip exporters such as Toyota Motor Corp. But that narrative is increasingly in question as the yen’s recent plunge aggravates the impact of surging commodity prices, hitting some businesses and consumers...
- April 7, 2022
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IMF Cuts Japan's 2022 Growth Outlook; Warns Of Risks From Russia's War In Ukraine
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JAPAN TODAY
The International Monetary Fund has slashed Japan's economic growth forecast for 2022 to 2.4 percent from its earlier estimate of 3.3 percent, citing elevated uncertainty stemming from Russia's war in Ukraine.
"Escalation of the Ukraine conflict poses significant downside risks to t...
The International Monetary Fund has slashed Japan's economic growth forecast for 2022 to 2.4 percent from its earlier estimate of 3.3 percent, citing elevated uncertainty stemming from Russia's war in Ukraine.
"Escalation of the Ukraine conflict poses significant downside risks to t...
- April 7, 2022
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KBRI Helps Expedite Indonesia-Japan Business Cooperation
- Category:Event
ANTARA NEWS
Japanese private enterprises Rise Holdings and J. Shangri-La Medical Holdings inked two business agreements in the health sector with their local partner in Indonesia, Pelangi Mitra Selaras. The agreements were facilitated by Indonesian Embassy (KBRI) in Tokyo.
Jakarta (ANTARA) - Th...
Japanese private enterprises Rise Holdings and J. Shangri-La Medical Holdings inked two business agreements in the health sector with their local partner in Indonesia, Pelangi Mitra Selaras. The agreements were facilitated by Indonesian Embassy (KBRI) in Tokyo.
Jakarta (ANTARA) - Th...
- April 5, 2022
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Japan’s Central Bank Will Be ‘Alarmed’ If Yen Crosses 130 Per Dollar, Says Ex-Vice Minister
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CNBC
Key PointsThe Bank of Japan will be “alarmed” if the dollar-yen level crosses above the 130 level, according to Eisuke Sakakibara, a former vice minister of finance for international affairs.The Japanese yen has weakened for weeks amid expectations the Bank of Japan would be slower than ot...
Key PointsThe Bank of Japan will be “alarmed” if the dollar-yen level crosses above the 130 level, according to Eisuke Sakakibara, a former vice minister of finance for international affairs.The Japanese yen has weakened for weeks amid expectations the Bank of Japan would be slower than ot...
- April 5, 2022
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