Tag: japan
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Analysis:How a US-Japan pact to hit yen speculators came together
TOKYO, Aug 3 : A joint U.S.-Japanese effort to fight off speculative bets against a battered yen last week followed months of preparation by the two nations and a rare and public alignment of interests in Washington and Tokyo over exchange rates.While unilateral efforts by Japanese authorities to stop sharp y
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Japan may have intervened in FX market by spending $36.58 billion to buy yen
TOKYO, Aug 3 : Japan may have spent as much as $36.58 billion to buy yen in the latest action aimed at strengthening the local currency, central bank data indicated on Monday, continuing an effort to bring the yen’s value back from historic lows against the U.S. dollar.The Bank of Japan’s projection for money
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Why the U.S. stepped in after decades to prop up Japan’s yen — and what’s at stake
Washington’s decision to join Japan in supporting the battered yen has prompted questions over what motivated the rare coordinated intervention.
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US and Japan jointly intervene to prop up yen in rare move
Both countries have said that they will not hesitate to conduct joint interventions in the future.
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U.S., Japan confirm coordinated yen intervention, signal readiness for more
Japan’s Finance Ministry said Monday it conducted a coordinated yen-buying intervention with the U.S. Treasury on Friday.
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Japan quake: Elderly woman with apparent heat stroke found dead while taking shelter in car
This latest death was what officials and experts had worried about amid high temperatures.
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Search ended at mall wrecked by Japan quake blast
TOKYO: Japanese officials said on Saturday (Aug 1) they had ended rescue operations at a shopping mall devastated by an explosion following a powerful earthquake that killed at least 36 people.A total of 12 peop
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Dogs allowed: Animal hospital opens doors to Japan quake survivors and their pets
Ryunosuke Animal Hospital in downtown Kumamoto, which was jolted by a powerful earthquake this week, has converted a space into temporary housing for evacuees, with separate rooms for owners of cats and dogs.
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US Treasury intervenes to support yen after Japan steps in, FT reports
July 31 : The U.S. Treasury intervened to support the yen on Friday through outright purchases, the Financial Times reported, joining Japan in its efforts to boost the currency from near 40-year lows.The Federal Reserve Bank of New York conducted a sale of euros to buy yen on behalf of the Treasury through G
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Japan: Death toll rises to 35 after deadly earthquake
Rescuers are searching for survivors after a magnitude 7.1 earthquake struck southern Japan, killing at least 35 people and causing widespread damage. DW has more.
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