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Japan stocks lead gains in Asia after upbeat consumer spending data, U.S. rate cut hopes lift sentiment – CNBC

26 minutes ago Nippon Watch records current account surplus in 2023/24 According to Reuters, Japan recorded its largest-ever current account surplus worth 25.3 trillion yen ($162.9 billion) in the fiscal year ending March 2024. The current account surplus in March was 3.4 trillion yen. Current account measurements are important indicators of international trade. —Shreyashi Sanyal, […]

Japan is not seeking a strong yen but a stable currency, David Roche says – CNBC

Veteran investor David Roche says Japan is not looking for a strong yen, but rather a relatively stable currency. The Japanese yen has been on a roller coaster, falling above $160 against the US dollar last week, its biggest decline in more than 30 years. This trend has since intensified amid speculation about two interventions […]

Dollar gains ground; subdued yen prompts Japan warning – Yahoo Finance

Written by Amanda Cooper LONDON (Reuters) – The dollar edged higher on Wednesday, recouping some of the losses from a fresh bet by the U.S. Federal Reserve to cut interest rates this year, while the yen fell for a third straight day, pushing investment The family continues to be wary of the risk of intervention […]

Biden Calls Japan And India ‘Xenophobic’: ‘They Don’t Want Immigrants’

US President Joe Biden speaking on May 2, 2024 (Photo by: Mandel NGAN/AFP) (Photo by: MANDEL NGAN/AFP, Getty Images) OAN’s Brooke Mallory2:32 PM – Friday, May 3, 2024 President Joe Biden has labeled India and Japan, along with China and Russia, as “xenophobic” countries that do not welcome immigrants, while seeking to compare the United […]

White House Refuses to Apologize for Calling Japan ‘Xenophobic’

White House press secretary Karine Jean-Pierre on Thursday refused to apologize to Japan after President Joe Biden, 81, called the US ally “xenophobic.” Speaking live at a campaign fundraising rally in Washington, Biden said the U.S. economy is doing well in part because “we welcome immigrants.” Biden, who Special Counsel Robert Hur characterized as “an […]

Biden Declares U.S. Ally Japan ‘Xenophobic,’ Along with Russia, China

President Joe Biden, 81, declared in an unprecedented statement Wednesday that Japan is as “xenophobic” as Russia and China. Japan is a long-time ally of the United States and plays a role in countering China’s growing aggression in the Asia-Pacific region. Mr. Biden has recently worked to build trust with Japan. In April, we hosted […]

Japanese lawmakers rebuke Biden after president calls Japan ‘xenophobic’

In a speech this week, President Biden called ally Japan “xenophobic,” along with many other countries he says are suffering from immigration shortages. Biden spoke Wednesday at a fundraiser in Washington, D.C., extolling the virtues and benefits of immigrants. “This election is about freedom, America, and democracy, and that’s why I need you so much. […]

Biden calls Japan, India ‘xenophobic’ on immigration alongside China, Russia

President Biden called Japan and India “xenophobic” at an off-camera campaign fundraiser in Washington, D.C., on Wednesday, lumping U.S. allies in with China and Russia and saying the U.S. welcomes immigrants. claimed to be correct. “This election is about freedom, America, and democracy. That’s why I need you so badly. One of the reasons our […]