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Keywords: Japan
The USD/JPY pair traded just below the key 160.00 level Friday. Japanese Finance Minister Satsuki Katayama issued her strongest intervention warning yet against the yen's persistent slide, driven by soaring oil prices and Middle East tensions. Katayama told reporters Friday that authorities must......
Asia-Pacific governments have launched urgent fiscal programs, fuel subsidies and liquidity injections to steady markets rocked by the Middle East war. The conflict pitting the United States and Israel against Iran disrupts energy supplies and undermines economic confidence across the region. A Reuters......
US and Israeli military strikes on Iran since February 28 have thrown Asia's $19 billion used car export industry into disarray. Ships avoid the Middle East, stranding cargoes at sea and overwhelming ports from Sri Lanka to China. Dealers feel the impact acutely. Umar Ali Hyder Ali runs Yokohama-based......
Japanese authorities stepped up warnings on Monday as the yen weakened toward the key level of 160 against the US dollar, raising the likelihood of direct market intervention. Atsushi Mimura, Japan’s top currency official, said the government is prepared to act if exchange rate volatility continues,......
Berkshire Hathaway has acquired a 2.5 percent stake in Japan’s largest insurer, Tokio Marine Holdings, in a deal valued at about $1.8 billion, marking a new strategic partnership between the two companies. Tokio Marine said it would sell treasury shares worth 287.41 billion yen to National Indemnity,......
Tiny drones deployed inside a damaged reactor at Japan’s Fukushima Daiichi nuclear plant have captured the first clear images of the bottom of Unit 3’s pressure vessel, revealing a large hole in the thick steel structure and hanging masses believed to be melted nuclear fuel. The footage,......
Japan has dismissed a recent United States intelligence report suggesting that Prime Minister Sanae Takaichi’s remarks on a potential Taiwan crisis represent a major shift in the country’s defense policy. The response comes just days before Takaichi’s scheduled meeting with US President......
Tokyo, the capital of Japan and the world’s most populous metropolitan area, blends historic traditions with advanced urban innovation. Visitors encounter centuries old temples and landscaped gardens alongside modern districts filled with technology, fashion, and entertainment, all supported by......
The Bank of Japan kept its interest rates unchanged on Thursday, warning that rising oil prices linked to the Middle East conflict could push up underlying inflation and complicate policy decisions. The central bank maintained its short-term policy rate at 0.75 percent following a two-day meeting, in......