Japan to take appropriate action against excessive FX moves, finance minister says – Yahoo Finance
TOKYO (Reuters) – Finance Minister Katsunobu Kato said on Wednesday that the government will take appropriate measures to prevent excessive movements in the foreign exchange market, as volatility in the yen is high ahead of an important monetary policy meeting. He reiterated that he would take action. Kato said at the Japan National Press Club, […]
Japan to take appropriate action against excessive FX moves, finance minister says By Reuters – Investing.com
TOKYO (Reuters) – Finance Minister Katsunobu Kato said on Wednesday that the government will take appropriate measures to prevent excessive movements in the foreign exchange market, as volatility in the yen is high ahead of an important monetary policy meeting. He reiterated that he would take action. Kato said at the Japan National Press Club, […]
Rahm Emanuel steps down as Japan ambassador ahead of Trump inauguration
President Biden's Ambassador to Japan Rahm Emanuel is scheduled to leave his assignment in Tokyo and return to the United States on Monday, marking the traditional changing of the guard ahead of the new administration's swearing-in. Emanuel, whose name has been floated as a possible Democratic National Committee chairman, will next depart on a lecture […]
Biden’s Decision To Block US Steel Deal Sparks Lawsuits, Backlash From Japan
The Biden administration's decision to terminate the U.S. Steel acquisition triggered multiple lawsuits and a backlash from Japan. President Joe Biden has blocked a roughly $15 billion takeover bid from Japan's Nippon Steel. sick steel manufacturer friday, are discussing The deal posed a threat to U.S. national security and supply chain resilience. The decision sparked […]
World’s oldest person, Tomiko Itooka, dies in Japan aged 116 | Japan
According to Guinness World Records, the world's oldest Japanese woman, Tomiko Itooka, has died at the age of 116. According to Yoshitsugu Nagata, an official in charge of policies for the elderly, Itooka passed away on December 29th at a nursing home in Ashiya City, Hyogo Prefecture. Mr. Itooka, who enjoyed a banana and yogurt-flavored […]
Global Stocks over the Long Term: the S&P 500, the Big Standout vs the Markets of Japan, China, Hong Kong, India, UK, France, Germany, Italy, Spain, and Canada – WOLF STREET
And how did the depreciation of the yen and rupee affect US dollar investors in Japanese and Indian stocks? Wolf Street by Wolf Richter: The S&P 500 rose 24% in 2024 and 53% in 2023 and 2024 combined. That's a huge two-year gain, reminiscent of the dot-com bubble of the late 1990s, when the S&P […]
Osamu Suzuki, leader of Japan Suzuki motors, dead at 94
Osamu Suzuki, the genius penny-pincher who led Japan's Suzuki Motors for more than four decades and played a key role in turning India into a prosperous car market, has died at the age of 94. He died on Christmas Day from lymphoma, the company said, during which time he was chief executive or chairman he […]
Popular travel destination Japan sees record-high tourism topping 33M visitors
Domestic and international tourists are visiting Japan, and as a result, the country is breaking new tourism records. According to the Japanese government website, nearly 33.4 million tourists are expected to have visited Japan from January 1st to November 30th. Of the 3 million tourists who visited Japan this November, 247,500 were Americans. According to […]
Bank of Japan holds rates at 0.25% – CNBC
On March 20, 2023, the Bank of Japan (BOJ) head office is visible beyond the cherry blossoms in Tokyo. Kazuhiro Nogi | AFP | Getty Images The Bank of Japan kept its base interest rate unchanged at 0.25% on Thursday. The decision came a day after the US Federal Reserve cut interest rates by 25 […]
Donald Trump unveils flurry of ambassador picks for Japan, Austria and more
President-elect Donald Trump on Monday announced five key picks for ambassadorship positions in Japan, the Dominican Republic, Austria, Luxembourg and Uruguay as he continues his term in office. President Trump will appoint George Edward Glass as ambassador to Japan, Lia Frances Campos as ambassador to the Dominican Republic, Stacey Feinberg as ambassador to Luxembourg, Arthur […]