Currencies

Bank of Japan data suggests that the Oct. 21 yen-buying intervention dwarfed last month's.(Photo by Masaru Shioyama)
Currencies

Japan spent $37bn in record intervention to support yen: estimate

Moves on consecutive trading days hint at defense line of 150

25 October 2022
The consensus needed for a coordinated foreign-exchange intervention appears harder to come by now than during past periods of dollar strength.
Currencies

Japan's currency interventions: 3 things to know

Tokyo believed to have acted alone in recent moves to stabilize weakening yen

25 October 2022
Japan must take advantage of the weak yen by raising productivity and pay in service industries such as tourism. (Photo by Toshiki Sasazu) 
Comment

Japan must reform to become 'buy' for investors

With rapid BOJ rate hikes unrealistic, greater self-reliance also needed

24 October 2022
Bank of Japan Gov. Haruhiko Kuroda expects inflation to fall below 2% round next year as effects of the weak yen and high commodities prices wear off.
Inflation

Despite inflation hitting 3%, BOJ sticks to ultraloose playbook

Japan central bank frets over sustainability of price hikes as real wages shrink

22 October 2022
Japan's slow growth and weak currency set it apart from other advanced economies. (Nikkei montage)
Economy

Japan pays price for stagnant growth and wages with weak yen

Monetary easing alone cannot shake country out of its malaise, economists say

22 October 2022
The yen took currency traders on a rollercoaster ride during Japan's latest foreign-exchange intervention.  (Photo by Koji Uema)
Currencies

Japan stages new forex intervention to stop falling yen

Japanese currency bounces back sharply against dollar

22 October 2022
The yen reached a level of 151 to the U.S. dollar on Friday for the first time since August 1990.
Currencies

Yen hits fresh 32-year low of 151 against U.S. dollar

Sell-off of Japanese currency remains unabated despite intervention fears

21 October 2022
The yen sank below 150 to the dollar on Oct. 20, its lowest since August 1990.
Currencies

Yen's fall to 32-year nadir risks capital and talent flight from Japan

Exports fail to take off despite weak currency as offshore production rises

21 October 2022
The policy divergence between the dovish Bank of Japan and the hawkish U.S. Federal Reserve is a primary driver of the dollar's recent strength and the yen weakness. (Photo by Tomoki Mera) 
Currencies

Yen falls past 150 per dollar, hitting new 32-year low

Fed's sustained hawkish monetary stance spurs dollar-buying

20 October 2022
The U.S. and Japanese flags in the trading room of Gaitame.com in Tokyo. (Photo by Mizuho Miyazaki)
Currencies

Yen weakens past 149 to dollar in new 32-year low

Investors see greenback strengthening further as U.S. tightens monetary policy

18 October 2022
A pink diamond sold for a record-breaking 530 million yen in Japan in mid-September. (Photo courtesy of Mainichi Auction)
Commodities

Rare pink diamond breaks Japan auction record as soft yen draws bids

Gem fetches $3.3m with Japanese in search of safe haven driving hot market

16 October 2022
The IMF official says that Japan's inflation is due to higher energy prices and is transitory. 
Interview

BOJ on right path with easy monetary stance: IMF official

Sanjaya Panth, however, skeptical yen-buying intervention will have lasting impact

16 October 2022
The yen hovered in the mid-148 range against the dollar during midday trading in New York. (Photo by Konosuke Urata)
Currencies

Yen hits new 32-year low of 148 under pressure from strong dollar

Yellen signals U.S. wouldn't support a coordinated intervention

15 October 2022
The yen had depreciated to over 145 against the dollar in recent weeks, prompting Japan to directly intervene in the foreign exchange market for the first time in decades.
Comment

Can Japan avert 'disaster' with interventions to support the yen?

First forex intervention in decades highlights limit of what Tokyo can do alone

7 October 2022
Fumio Kishida speaks at the NYSE on Sept. 22: The Japanese prime minister is getting on the weak-yen train.
Opinion

Kishida should not be distracted from reform by the weak yen

Global tremors mean Japan cannot rely now on currency competitiveness

6 October 2022
A booth promoting digital yuan during the China International Fair for Trade in Services in Beijing on Sept. 1: The People's Bank of China has declared that the digital currency is technically ready for cross-border use.
Opinion

China and Gulf states share interest in taking digital yuan global

Both see value in developing alternative to dollar-centered financial system

5 October 2022
U.K. properties have become an attractive investment for Hong Kong buyers after sterling plunged to its lowest against the dollar following an unfunded plan by Downing Street to cut taxes for the wealthiest. (Source photos by AP) 
Property

Weak pound fires up Hong Kongers' appetite for U.K. properties

British visa scheme that offers path to citizenship also stirs interest

4 October 2022
BOJ Gov. Haruhiko Kuroda speaks at a business roundtable in Osaka on Sept. 26.
Currencies

Japan likely spent record $21bn to prop up yen

Kuroda calls intervention 'highly appropriate' as currency slides once again

27 September 2022
The yen jumped dramatically against the dollar after Japan's intervention, but how long that will last remains unclear.
Currencies

Without rate hike, impact of Japan's yen intervention likely limited

Tokyo stands by easy monetary policy as U.S. tightens, weakening currency

23 September 2022
Japan's government intervened on Thursday in the foreign exchange market to sell dollars for yen to stem the Japanese currency's recent sharp falls. (Source photos by Reuters and Kento Awashima)
Currencies

Japan intervenes in forex market to stem yen's slide

Yen had fallen against the dollar after the BOJ kept its ultraloose monetary policy

22 September 2022
The Japanese yen weakened past 145 to the dollar, hitting a new 24-year low. (Photo by Kosuke Imamura)
Markets

Yen weakens to 145 as central bank rate decisions hit markets

South Korean won at lowest in 13 years after Fed raises interest rates

22 September 2022
Monitors display the yen-dollar exchange rate in a Tokyo dealing room on Sept. 7: There may be turbulent times ahead in the currency markets.
Opinion

The yen is bound to turn the tables on the dollar

U.S. competitiveness worries will bring currency imbalances into focus

22 September 2022
Health workers talk to a resident under lockdown in Beijing on June 16: Xi's China is doing self-harm to the globe's biggest trading engine.
Opinion

Yuan's weakening reflects dimming Chinese growth outlook

Sliding currency raises default and inflation risks

21 September 2022
Apple periodically adjusts prices in different regions and reduced them for eurozone countries last year to adjust for currencies and taxes.
Technology

Apple to raise app prices in Japan, Vietnam, Malaysia

South Korea and Pakistan also included in list of countries as dollar strengthens

21 September 2022
A number of sources revealed to Nikkei that the BOJ had conducted a foreign exchange "check" on Wednesday.
Currencies

Bank of Japan conducts 'check' on foreign exchange rates

Following yen's fall, move believed to be a step toward intervention in market

14 September 2022