Currencies

Crucial Japanese financial figures are displayed in Tokyo on Jan. 18. (Photo by Satoko Kawasaki)
Markets

Japan's 10-year bond yield falls as BOJ keeps policy unchanged

Central bank bucks market speculation of monetary tightening

18 January 2023
Ray Dalio, the founder of hedge fund Bridgewater Associates, speaks with Nikkei. (Photo by Emily Hey)
Interview

Dollar-dominated global order is 'fading away': Ray Dalio

U.S. investor bullish on ASEAN, India as globalization benefits neutral powers

17 January 2023
South Korea, China and Japan all saw drops in their foreign exchange reserves last year as the dollar strengthened.
Currencies

Global foreign reserves dwindle as countries counter dollar's rise

Japan's holdings sink 13%, sharpest on record; China falls short of IMF benchmark

12 January 2023
Tokyo's dip follows a low opening day for U.S. stocks, especially for tech companies like Apple and Tesla. (Photo by Kosaku Mimura)
Markets

Tokyo stocks start 2023 lower as yen appreciates

Year of the Rabbit starts without a hop in share prices

4 January 2023
The region's best-known high-tech sector stocks faced significant downturns due to tighter monetary policies and projected economic slowdown. (Nikkei montage/AP/Koji Uema)
Market Spotlight

Inflation, monetary tightening sway Asian markets in 2022

Singapore dollar, Indian stocks show resilience in 'torrid time'

26 December 2022
Japanese applicants for working-holiday visa have surged since the yen's decline in the summer.
Currencies

Weak yen sends young Japanese abroad for higher-paying jobs

Applications for Australia's 'working holiday' visas rise 140%

26 December 2022
On Wednesday, the dollar was 0.4% higher against the yen, having plunged 3.8% in the previous session, its largest one-day drop against the Japanese currency in 24 years. 
Currencies

Yen retreats after BOJ policy tweak sparked surge

Strategists attribute some of the move to poor liquidity ahead of holidays

22 December 2022
An employee of foreign exchange trading company Gaitame.com works by a monitor illustrating the yen rate against the U.S. dollar in Tokyo on Dec. 20. 
Currencies

Yen surges to 130 per dollar after surprise BOJ policy shift

Investors buy back Japan's currency on expectation of narrower rate gap

21 December 2022
The Bank of Japan plans to introduce a series of new banknotes in the first half of fiscal 2024
Currencies

Bank of Japan trials 'digital yen': Here's what you need to know

Pilot starts April, but could be years before cash is out of circulation

3 December 2022
The odds of a market-shaking change in Hong Kong currency policy are declining, not rising. 
1 December 2022
American billionaire investor Bill Ackman thinks the Hong Kong dollar's peg to the U.S. currency cannot last forever. (Source photo by Reuters) 
Currencies

Short sellers target Hong Kong dollar: Five things to know

Hedge fund billionaire Ackman among investors betting on U.S. dollar peg crash

30 November 2022
The BOJ is ramping up efforts toward introducing a digital currency, putting together a trial run with Japan's biggest commercial banks.
Currencies

Top Japan banks and BOJ to begin trials of digital yen next year

Central bank to launch two-year pilot program to test transactions

24 November 2022
As inflation has quickened, weakening private consumption is becoming a concern for Japan's economy. (Photo by Suzu Takahashi)
Economy

Japan GDP shrank annualized 1.2% in Q3 amid weak yen, inflation

Consumption, capital investment slowed while import surge led economy contracted

15 November 2022
Asian stock markets rallied on Nov. 11, as China eased its COVID curbs and after a strong session on Wall Street. (Photo by Kento Awashima)
Markets

Asian stocks surge after China eases zero-COVID rules

Japanese yen boosted by hopes that Fed will slow rate increases

11 November 2022
The yen strengthened against the dollar following a report showing that inflation is easing in the U.S. (Photo by Koji Uema)
Currencies

Yen surges to six-week high on signs of easing U.S. inflation

Currency, stock markets react to prospect that Fed will slow rate hikes

11 November 2022
Sony Group Chairman, President and CEO Kenichiro Yoshida speaks on the sidelines of the Nikkei Management Forum in Tokyo on Nov. 8. (Photo by Satoko Kawasaki)
Global Management Forum 2022

Sony CEO says diverse group offers hedge against weak yen

Japanese electronics giant looks to 'installation-based' cars through Honda deal

8 November 2022
Several Asian currencies have declined by 10% or more since the end of March. (Photo by Akira Kodaka)
Finance

Strong dollar fuels concerns of ballooning Asian debt

Philippines, Indonesia, Thailand, South Korea see credit default swap rates climb

2 November 2022
Japan confirms its largest intervention in the currency market to prop up the yen. (Photo by Tsuyoshi Tamehiro) 
Currencies

Japan confirms largest dollar-selling intervention in October

Finance ministry bought 6.3 trillion yen, or about $43 billion, during the month

31 October 2022
With the Bank of Japan caught between a weak yen and the prospect of a worsening global economy, Gov. Haruhiko Kuroda highlighted downside risks while speaking to reporters on Oct. 28. (Pool photo) 
Economy

BOJ moves to ward off downturn by maintaining easy money policy

Central bank forecasts higher inflation as Gov. Kuroda stresses downside risks

28 October 2022
BOJ Gov. Haruhiko Kuroda takes a question during a news conference on Sept. 22: Market conditions have the potential to impose more pressure on the central bank.
Opinion

BOJ should not wait until Kuroda is gone to change course

Yield curve control is impoverishing households and hurting business

28 October 2022
The Hong Kong dollar, pegged to the U.S. greenback, has suffered a heavy sell-off due to the Fed's rate increases. 
Currencies

Hong Kong dollar peg under pressure as foreign reserves dwindle

Interest rate gap and property downturn weigh on city's currency defenses

28 October 2022
The yuan rose three places to No. 5 in the Bank for International Settlements' triennial survey on currency trading.
Currencies

Yuan becomes 5th most traded currency, helped by sanctioned Russia

BIS data shows it surpassing Australian, Canadian and Swiss currencies

28 October 2022
The Finance Ministry distributes funds to make up for foreign-exchange losses as the yen remains weak against the dollar.  
Economy

Weak yen strains Japan's budget by tacking $1bn onto payments

Costs of defense equipment and foreign aid could continue to swell

27 October 2022
The rupee has fallen less against the dollar than other major currencies have.
Opinion

Reserve Bank of India should not fight so hard for the rupee

Weaker currency would help win share amid tightening export market competition

26 October 2022
Alibaba, China's e-commerce leader, and other tech stocks tumbled in Hong Kong and New York as markets reacted to China's biggest political event in recent memory.
Markets

China stock sell-off spreads to New York after Xi cements rule

Alibaba, others suffer heavy losses following declines in Hong Kong, Shanghai

25 October 2022