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With Or Without Official Word On Intervention, Weak Yen May Persist

  • Category:Other
JAPAN TODAY
 
The yen's sudden surge against the U.S. dollar, suspected by financial markets to be the result of fresh intervention by Japanese authorities, will likely keep currency traders jittery and ensure they have second thoughts about aggressively selling the Japanese currency, at least fo...

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Yen Sharply Rebounds Against Dollar Amid Suspected Intervention

  • Category:Other
JAPAN TODAY
 
 
The yen rallied sharply after dropping to a new 34-year low in the 160 level against the U.S. dollar in Asian trading on Monday amid speculation of intervention by Japan, although its top currency diplomat would not confirm whether the government had stepped in.
The dollar topped ...

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Yen Drops Beyond ¥157 Per Dollar As BOJ Keeps Key Rate Unchanged

  • Category:Other
JAPAN TIMES
 
The yen fell to a fresh 34-year low against the dollar after the Bank of Japan indicated monetary policy will stay easy, heightening speculation authorities may soon intervene in the market to stop the currency’s decline.
Japan’s currency weakened as much as 1.4% on the day and touc...

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Japanese Beer Makers Tap Interactive Experiences to Pique Interest of Young Generation

  • Category:Other
JAPAN NEWS
 
Japan’s major beer brewers are opening facilities featuring eye-catching interactive experiences in a bid to crack open the interest of young people who have been shying away from the beverage.
Among the brewers aiming to attract new customers through this approach is Asahi Breweries...

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Bank Of Japan Keeps Interest Rates Unchanged Despite Pressure Over Weak Yen

  • Category:Other
JAPAN TODAY
 
The Bank of Japan kept its ultra-low interest rates unchanged Friday but analysts say the tumbling yen is putting pressure on officials to act.
With the currency at three-decade lows against the dollar, speculation has grown that authorities could intervene in forex markets to provi...

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Japan Committed To Act Appropriately On Weak Yen: Finance Minister

  • Category:Other
KYODO NEWS
 
Finance Minister Shunichi Suzuki said Thursday there is no change "at all" in the Japanese government's stance that it will act appropriately to address the weakening of the yen after it slipped past 155 to the U.S. dollar
Speaking in parliament, Suzuki said the government is careful...

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Nissan Unveils Four NEV Concepts At Beijing Auto Show

  • Category:Driving
JAPAN TODAY
 
Nissan Motor Co on Thursday unveiled four new energy vehicle (NEV) concepts and showcased a strong lineup of electrified models at Auto China 2024 under the theme of “A new Nissan for a new era in China,” underscoring its latest achievements and future direction in electrification.
...

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70 % of Japan Companies to Raise Pay Scales in FY 2024

  • Category:Other
JAPAN NEWS
 
About 70 pct of companies in Japan will implement pay scale increases in fiscal 2024, a survey by the Finance Ministry showed Monday.
According to the survey, the proportion of companies planning to raise their pay scales stood at 70.7 pct, up by 6.3 percentage points from the previo...

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Honda To Build Major EV Plant In Canada

  • Category:Other
JAPAN TODAY
 
Japanese auto giant Honda will open an electric vehicle plant in eastern Canada, a Canadian government source familiar with the multibillion-dollar project told AFP on Monday.
The federal government as well as the province of Ontario, where the plant will be built, will both provide...

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Japan's Takashimaya Plans To Expand Investment In Vietnam

  • Category:Shopping
VIETNAM PLUS
 
 
Takashimaya, a Japanese operator of upscale department stores, plans to open a shopping centre in Hanoi in 2026 that will be the company's first new location abroad in eight years, Japanese newspaper Nikkei reported.
 
Takashimaya, a Japanese operator of upscale department stores...

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