Tag: japan
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Three lions die of suspected heatstroke at Japan zoo
Since mid-July, 10 of the 16 lions in Tama Zoological Park have suffered symptoms such as “loss of appetite and decreased activity”, and three lionesses died, the Tokyo zoo said in a statement.
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CNBC Daily Open: Fast and furious intervention to prop up the yen — will it work?
Japan, having intervened to prop its weakening currency to little effect in the past, roped in the U.S. to stage a coordinated intervention.
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Oil drops, stocks gain amid Iran peace hopes; yen firms as investors watch for further intervention
NEW YORK/LONDON, Aug 3 : Oil prices dropped and major stock indexes gained on Monday on signs that U.S.-Iran tensions were easing again, while the yen strengthened after the U.S. and Japan confirmed joint intervention to support the currency and investors watched for signs of further intervention. U.S. Presi
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Oil falls, stocks gain amid Iran peace hopes; yen firms after intervention
NEW YORK/LONDON, Aug 3 : Oil prices dropped and major stock indexes gained on Monday on signs that U.S.-Iran tensions were easing again, while the yen strengthened against the euro and dollar after the U.S. and Japan confirmed joint intervention to support it.Oil prices fell sharply after U.S. President Don
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US shakes up currency markets with unusual yen-buying via selling euros
LONDON, Aug 3 : Traders grappling with an already rare co-ordinated U.S.-Japanese action to prop up the weak yen are also digesting a further unusual dynamic: the U.S. selling euros. Japan confirmed on Monday it had carried out yen-buying intervention on Friday with the U.S. Treasury department. But rather th
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Japan, US confirm joint yen-buying intervention, signal more action
The rare joint intervention – the first since 2011 – aimed to prevent a selloff in the yen and Japanese government bonds from causing global spillovers.
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US shakes up currency markets with talk of unusual yen-buying via selling euros
LONDON, Aug 3 : Traders grappling with an already rare co-ordinated U.S.-Japanese action to prop up the weak yen are also digesting a further unusual dynamic: the U.S. selling euros. Japan confirmed on Monday it had carried out yen-buying intervention on Friday with the U.S. Treasury department. But rather th
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Much ‘to do’ about yen intervention
August 3 : What matters in U.S. and global markets todayBy Mike Dolan, Editor-at-Large, Finance and MarketsJapan’s yen strengthened further on Monday as the U.S. and Japanese governments confirmed their first joint intervention since 2011 to prop up the ailing currency from recent 40-year lows.
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Japanese PM Takaichi visits quake-hit southern region as cleanup begins in intense heat
More than 46,000 households remain without water and thousands of people remain at crowded emergency shelters nearly a week after an earthquake hit Kumamoto Prefecture.
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What the market is saying about the U.S. intervention to prop up the yen
Following the joint involvement the yen now sits at ¥157 to the dollar, down from just above ¥163, which represented its lowest level in four decades.
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