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Japanese Finance Minister Warns Against Excessive Yen Weakening
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JAPAN TODAY
Japan will take appropriate steps should the yen weaken excessively, Finance Minister Shunichi Suzuki said on Friday after the currency plumbed seven-month lows against the dollar.
Suzuki warned against investors selling the yen too far as the currency weakened past 145 to the dolla...
Japan will take appropriate steps should the yen weaken excessively, Finance Minister Shunichi Suzuki said on Friday after the currency plumbed seven-month lows against the dollar.
Suzuki warned against investors selling the yen too far as the currency weakened past 145 to the dolla...
- June 30, 2023
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Japan's Toolkit To Combat Sharp Yen Declines
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REUTERS
Japanese authorities are facing renewed pressure to combat the yen's fresh declines driven by market expectations that the Bank of Japan will keep interest rates ultra-low, even as other central banks tighten monetary policy to curb inflation.
Here are possible steps the government and ...
Japanese authorities are facing renewed pressure to combat the yen's fresh declines driven by market expectations that the Bank of Japan will keep interest rates ultra-low, even as other central banks tighten monetary policy to curb inflation.
Here are possible steps the government and ...
- June 29, 2023
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Subaru to Equip Manual Sports Car with Driver Assist Tech
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JAPAN NEWS
Subaru Corp. will introduce its EyeSight driver assist technology to a manual transmission automobile for the first time.
Normally equipped on automatic transmission models, EyeSight will be installed on Subaru’s upgraded BRZ sports car, which is scheduled to be unveiled this autumn....
Subaru Corp. will introduce its EyeSight driver assist technology to a manual transmission automobile for the first time.
Normally equipped on automatic transmission models, EyeSight will be installed on Subaru’s upgraded BRZ sports car, which is scheduled to be unveiled this autumn....
- June 27, 2023
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Japan Steps Into Chip Supply Chain With $6.4bn JSR Deal
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FINANCIAL TIMES
State-backed fund’s buyout of semiconductor equipment maker gives the government more grip on industry
A leading Japanese semiconductor equipment maker has accepted a $6.4bn buyout offer from a state-backed fund in what investors have described as a “stunning” act of government...
State-backed fund’s buyout of semiconductor equipment maker gives the government more grip on industry
A leading Japanese semiconductor equipment maker has accepted a $6.4bn buyout offer from a state-backed fund in what investors have described as a “stunning” act of government...
- June 26, 2023
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Yen Weakening May Prove Debilitating Blow To Japan
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JAPAN TODAY
The yen's recent weakening may not be as rapid as last year when it lost around 20 percent of its value relative to the U.S. dollar, but the prospect of it staying longer at current levels is already a cause for alarm for Japan Inc and consumers.
The yen is in the 143 zone to the U....
The yen's recent weakening may not be as rapid as last year when it lost around 20 percent of its value relative to the U.S. dollar, but the prospect of it staying longer at current levels is already a cause for alarm for Japan Inc and consumers.
The yen is in the 143 zone to the U....
- June 26, 2023
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Japan Stock Rally Hits Record Pace As Foreign Buying Tops $42bn
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NIKKEI ASIA
Futures hint at cooling sentiment after 12-week streak of inflows
International investors have bought Japanese stocks at a record-setting pace, Tokyo Stock Exchange data released Thursday shows, but futures trading suggests they may be ready to take a breather.
Global investors boug...
Futures hint at cooling sentiment after 12-week streak of inflows
International investors have bought Japanese stocks at a record-setting pace, Tokyo Stock Exchange data released Thursday shows, but futures trading suggests they may be ready to take a breather.
Global investors boug...
- June 23, 2023
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Japan Inflation Slows To 3.2% In May
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JAPAN TODAY
Japan's consumer prices rose 3.2 percent year on year in May, with the pace of inflation slowing from the 3.4 percent recorded in April, government data showed Friday.
The figure, which excludes volatile fresh food prices, was higher than market expectations, and topped March and Fe...
Japan's consumer prices rose 3.2 percent year on year in May, with the pace of inflation slowing from the 3.4 percent recorded in April, government data showed Friday.
The figure, which excludes volatile fresh food prices, was higher than market expectations, and topped March and Fe...
- June 23, 2023
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Fujitec Shareholders Reject Proposed Outside Directors
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JAPAN NEWS
Shareholders of elevator maker Fujitec Co. on Wednesday voted down all eight outside board directors proposed by former chairman Takakazu Uchiyama, a founding family member.
Shareholders approved all nine board directors proposed by the company at their annual meeting held at Fujitec...
Shareholders of elevator maker Fujitec Co. on Wednesday voted down all eight outside board directors proposed by former chairman Takakazu Uchiyama, a founding family member.
Shareholders approved all nine board directors proposed by the company at their annual meeting held at Fujitec...
- June 22, 2023
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Young Chinese Entrepreneurs Starting New Businesses In Japan
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KYODO NEWS
Young Chinese entrepreneurs and others with family roots in China are becoming increasingly active participants in Japan's startup sector, leveraging Japanese manufacturing skills alongside their social connections in the greater China region to start new businesses and drive innovat...
Young Chinese entrepreneurs and others with family roots in China are becoming increasingly active participants in Japan's startup sector, leveraging Japanese manufacturing skills alongside their social connections in the greater China region to start new businesses and drive innovat...
- June 22, 2023
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Influential Japanese Business Leader Jiro Ushio Dies At 92
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JAPAN TIMES
Jiro Ushio, a noted Japanese business leader who also had an enormous influence on politics, died of aspiration pneumonia on June 13. He was 92.
Ushio led the Japan Association of Corporate Executives, or Keizai Doyukai, one of the major business lobby groups in the country, between...
Jiro Ushio, a noted Japanese business leader who also had an enormous influence on politics, died of aspiration pneumonia on June 13. He was 92.
Ushio led the Japan Association of Corporate Executives, or Keizai Doyukai, one of the major business lobby groups in the country, between...
- June 21, 2023
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