Honda yearly earnings solid despite chip crunch TOKYO: Japanese auto giant Honda said Friday net profit rose 7.6 percent in the financial year to March, benefiting... Published 16 May, 2022 05:42am
Markets Market nerves prop up safe-haven dollar, yen HONG KONG: The yen held most of its overnight gains on Friday, after falling US yields and market jitters propped up... Published 13 May, 2022 10:21am
Business & Finance Nissan swings to Q4 profit, beats estimates TOKYO: Nissan Motor Co said on Thursday it swung to a profit in the fourth quarter, as cost cuts and a sliding yen... Published 12 May, 2022 12:21pm
Markets Dollar hovers near 2-decade high as CPI keeps aggressive US rate hikes likely TOKYO: The US dollar held near a two-decade high on Wednesday after US inflation moderated less than markets had... Published 12 May, 2022 09:46am
Markets Dollar climbs as nerves jolt stock markets SINGAPORE: The dollar began the week on a strong footing, buttressed by sharply rising US yields and by investors’... Published 09 May, 2022 10:34am
Business & Finance Dollar hits 20-yr high as yen tumbles on dovish BoJ NEW YORK: The dollar hit a 20-year high against rivals on Thursday as the Bank of Japan doubled-down on its dovish... Published 29 Apr, 2022 05:43am
Markets Dovish BoJ sends yen to 20-year low, pressure on euro grows LONDON/SYDNEY: The dollar rose past the psychological level of 130 yen on Thursday for the first time since 2002,... Published 28 Apr, 2022 02:58pm
Business & Finance BOJ doubles down on super-easy policy stance; yen slides, bonds rally TOKYO: The Bank of Japan on Thursday doubled down on its commitment to maintain its massive stimulus programme and a... Published 28 Apr, 2022 11:21am
Business & Finance Dollar jumps on China growth fears, yen rebounds NEW YORK: The dollar hit a two-year high on Tuesday as concerns about slowing growth in China and expectations that... Published 27 Apr, 2022 05:19am
Markets Japan, US likely discussed joint yen-buying intervention TOKYO: Japan and the United States likely discussed the idea of coordinated currency intervention to stem further... Published 22 Apr, 2022 11:27am
Markets Japanese yen at 20-year lows as policy divergence trades bloom LONDON: The Japanese yen fell to a fresh two-decade low on Wednesday after the Bank of Japan stepped into the market... Published 20 Apr, 2022 02:26pm
Business & Finance US dollar ascends to fresh 20-year peak vs yen NEW YORK/LONDON: The dollar rose on Tuesday to a fresh 20-year high against the Japanese yen, supported by the... Published 20 Apr, 2022 05:12am
Markets Dollar steadies after hitting fresh 20-year high on yen LONDON: The dollar rose on Tuesday to a fresh 20-year high against the Japanese yen and tested a two-year peak... Published 19 Apr, 2022 02:45pm
Markets Dollar index passes 101 for first time in two years as yen slide continues HONG KONG: The dollar index rose past 101 for the first time since March 2020 on Tuesday, as the greenback set its... Published 19 Apr, 2022 10:22am
Business & Finance US dollar continues to garner support from Fed hike expectations NEW YORK: The dollar edged higher on Monday in thin and choppy trading, in line with higher US Treasury yields as... Published 19 Apr, 2022 05:32am
Business & Finance Hawkish Fedspeak keeps dollar king, yen slumps to 20-year low TOKYO: The dollar rose to a two-decade peak against the yen and kept close to a two-year high to the euro on Friday,... Published 17 Apr, 2022 05:51am
Markets Hawkish Fedspeak keeps dollar king, yen slumps to 20-year low TOKYO: The dollar rose to a two-decade peak against the yen and kept close to a two-year high to the euro on Friday,... Published 15 Apr, 2022 10:05am
Markets Tokyo stocks close higher TOKYO: Tokyo shares closed higher on Thursday as investors took heart from Wall Street rallies and cheered falls in... Published 15 Apr, 2022 05:29am
Markets Japan rubber futures fall on weak Shanghai market and economic data SINGAPORE: Japanese rubber futures fell on Wednesday, tracking losses on the Shanghai market, while weaker economic... Published 14 Apr, 2022 04:55am
Markets Yen drops to 20-year low against dollar TOKYO: The yen hit its lowest level against the dollar in two decades on Wednesday, extending recent falls as the... Published 13 Apr, 2022 11:59am
Markets China's yuan eases, traders see growing chance of PBOC easing next week SHANGHAI: China's yuan extended losses against a buoyant dollar on Friday and looked set for a marginal weekly... Published 08 Apr, 2022 10:54am
Markets Tokyo stocks close lower on Fed rate hike bets TOKYO: Tokyo stocks closed lower Thursday as minutes from the Federal Reserve’s most recent meeting fuelled... Published 08 Apr, 2022 05:28am
Markets China's yuan weakens as Shanghai lockdown adds to worries over slowing economy SHANGHAI: China's yuan eased against the dollar on Wednesday, the first trading session after a long holiday, hurt ... Published 06 Apr, 2022 10:39am
Markets Dollar rises towards 2-year high after Fed policy maker's comments HONG KONG: The dollar edged up to its highest level in nearly two years on Wednesday after jumping overnight on more... Published 06 Apr, 2022 10:30am
Markets Nikkei index ends higher TOKYO: Tokyo’s blue chip shares ended higher Tuesday, driven by buying of high-tech shares, though the yen’s... Published 06 Apr, 2022 05:53am
Markets Euro wallows on Ukraine sanctions worries, Aussie calm before RBA TOKYO: The euro languished near a one-week low against the dollar on Tuesday amid talk of more sanctions against... Published 05 Apr, 2022 11:46am
Opinion BoJ to keep rates low as strong, not weak, yen still Kuroda’s enemy Haruhiko Kuroda built a career battling a strong yen and the Bank of Japan governor is unlikely to change course in... Published 02 Apr, 2022 04:14am
Markets Dollar edges higher ahead of payrolls, resumes climb versus yen TOKYO: The dollar extended a rebound versus major peers on Friday, also resuming its rally against the yen, ahead of... Published 01 Apr, 2022 10:10am
Markets Yuan briefly hits 2-week high but sluggish PMIs, COVID weigh SHANGHAI: China’s yuan briefly touched a two-week high against the dollar before giving back all its gains on... Published 31 Mar, 2022 11:11am
Markets Euro holds at one-month high, yen set for worst month since 2016 HONG KONG: The euro held at a one-month high against the dollar on Thursday, having rallied on hopes the war in... Published 31 Mar, 2022 11:06am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?