Japan govt spent $43bn to bolster yen in October TOKYO: Japan’s finance ministry said Monday it spent $43 billion in October to bolster the value of the yen, which... Published 01 Nov, 2022 05:55am
Business & Finance Yen falls on dovish BOJ as market awaits Fed decision NEW YORK: The yen fell more than 1% against the dollar on Friday after the Bank of Japan bucked the trend among ... Published 31 Oct, 2022 05:55am
Markets Yen choppy after BOJ stays dovish, dollar edges lower SINGAPORE: The yen wobbled after the Bank of Japan on Friday maintained its ultra-low interest rates and dovish... Published 28 Oct, 2022 10:07am
Markets Dollar slips as bets mount for less hawkish Fed, euro above parity SINGAPORE: The dollar retreated on Thursday as market expectations mounted that the Federal Reserve will tone down... Published 27 Oct, 2022 09:59am
Markets Wages, not yen, key to when Japan shifts away from ultra low rates TOKYO: Solid wage growth, not a spiralling yen, is likely to be the trigger that drives the Bank of Japan away from... Published 26 Oct, 2022 02:40pm
Markets Dollar sags as bets build for less hawkish Fed TOKYO: The dollar wallowed near a three-week low versus major peers on Wednesday as more signs of economic weakness... Published 26 Oct, 2022 10:01am
Markets Japanese rubber futures snap five-session losing streak SINGAPORE: Japanese rubber futures snapped a five-session losing streak on Tuesday, amid stronger domestic equities... Published 26 Oct, 2022 05:52am
Business & Finance Dollar sinks vs yen, BOJ intervention suspected ahead of weekend NEW YORK: The US dollar tumbled against the yen on Friday, logging its biggest daily drop against the Japanese... Published 24 Oct, 2022 07:11am
Markets Japanese rubber futures track Shanghai losses, weaker Nikkei lower SINGAPORE: Japanese rubber futures fell on Friday, tracking losses in the Shanghai market and weighed down by... Published 24 Oct, 2022 05:45am
Markets Japan intervened, buying yen in foreign exchange market Friday TOKYO: Japan intervened in the foreign exchange market on Friday to buy yen for the second time in a month after the... Published 22 Oct, 2022 02:09pm
Markets Sterling dips after Truss resigns, fragile yen weakens past 150 level SINGAPORE: Sterling edged lower on Friday as investors digested the news that British Prime Minister Liz Truss had... Published 21 Oct, 2022 09:39am
Business & Finance Japan ramps up intervention threats after yen slides past key 150 level TOKYO: Japanese policymakers made fresh threats of intervention on Thursday after the yen tumbled past the key... Published 21 Oct, 2022 05:57am
Markets Yen softens past 150 per dollar for first time since 1990 LONDON: The dollar hit the symbolic level of 150 yen for the first time since 1990 on Thursday as the greenback was... Published 20 Oct, 2022 05:28pm
Markets Japanese rubber futures inch lower on Shanghai losses SINGAPORE: Japanese rubber futures tracked the Shanghai market lower on Tuesday amid weakness in broader China... Published 19 Oct, 2022 05:54am
Business & Finance Sterling tumbles; dollar surges to new 32-year high vs yen NEW YORK: Sterling fell sharply against the US dollar on Friday after British Prime Minister Liz Truss fired her... Published 17 Oct, 2022 05:57am
Markets Dollar holds firm, yen hovers around 32-year low SINGAPORE: The dollar took a breather on Friday after a volatile overnight session as red-hot US inflation data... Published 14 Oct, 2022 09:42am
Business & Finance Dollar hits fresh 24-year high vs yen NEW YORK: The dollar hit a fresh 24-year peak against the yen on Thursday, gaining across the board, after a... Published 14 Oct, 2022 03:39am
Markets Dollar at 24-year peak to yen after US yields jump; sterling choppy TOKYO: The dollar scaled fresh 24-year heights on the yen on Wednesday, breaching levels that prompted intervention... Updated 12 Oct, 2022 12:28pm
Business & Finance US dollar drifts higher; yen heads toward level that prompted intervention NEW YORK/LONDON: The US dollar edged higher in choppy trading on Tuesday, adding to recent gains ahead of a key... Published 12 Oct, 2022 05:46am
Business & Finance Sterling climbs after tax plan reversal; dollar weaker against yen, euro NEW YORK/LONDON: Sterling jumped against the dollar on Monday after Britain reversed a plan to cut the highest rate... Published 04 Oct, 2022 05:55am
Markets Dollar pauses for breath as euro and pound try to rebound SYDNEY/LONDON: The dollar on Tuesday took a pause in what has been a relentless climb higher as the euro and even... Published 27 Sep, 2022 02:21pm
Business & Finance McDonald’s hikes prices in Japan on higher input costs, weaker yen TOKYO: Japan’s McDonald’s fast food restaurants will raise prices on about 60% of its offerings to customers,... Published 26 Sep, 2022 11:21am
Opinion Japan chasing its tail on yen intervention As the Bank of Japan steps into currency markets for the first time in decades to defend a battered yen, it is... Published 24 Sep, 2022 03:49am
Business & Finance Yen surges after Japan intervenes with first support since 1998 NEW YORK: The Japanese yen jumped across the board on Thursday after monetary authorities intervened in the foreign... Published 23 Sep, 2022 05:50am
Business & Finance Japan intervenes in FX market to stem yen falls after BOJ keeps super-low rates TOKYO: Japan intervened in the foreign exchange market on Thursday to buy yen for the first time since 1998, in an... Updated 23 Sep, 2022 05:41pm
Markets Yen strengthens after Japan intervenes to support yen for first time since 1998 TOKYO/LONDON: The Japanese yen strengthened sharply on Thursday after authorities intervened in the foreign exchange... Updated 22 Sep, 2022 02:44pm
Opinion ‘It’s a car with broken brakes’: investors see unrelenting yen descent Japan’s threats of currency intervention might slow but not stop the yen from hurtling towards three-decade lows... Published 17 Sep, 2022 04:27am
Business & Finance Dollar edges up vs yen; Swiss franc hits highest vs euro since 2015 NEW YORK: The dollar was slightly higher against the yen on Thursday following data showing US retail sales... Published 16 Sep, 2022 06:04am
Markets Yen intervention will not stop sharp declines, official warns TOKYO: Japan’s efforts to stop the yen’s sharp falls through unilateral market intervention would only have a... Published 15 Sep, 2022 11:52am
Business & Finance Yen jumps vs dollar after BOJ rate check, hints on intervention, US PPI data NEW YORK: The yen was up more than 1% against the dollar on Wednesday after the Bank of Japan conducted a rate check... Published 15 Sep, 2022 07:18am