Tag: japan
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Japan warns of ‘decisive action’ to defend yen as FX reserves tumble
TOKYO, June 5 : Japan is ready to respond at any time on foreign exchange and reserves the right to take “decisive action” against excessive volatility, Finance Minister Satsuki Katayama said on Friday as the yen teetered near the key 160-per-dollar threshold.The remarks came as investors scrutinised official
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Japan proposes rebuilding ageing nuclear plants to meet power demand
TOKYO, June 5 : Japan needs to rebuild between two and five ageing nuclear reactors by the 2040s and as many as 11 to 14 by the 2050s to secure stable power supply, the Ministry of Economy, Trade and Industry said in a policy proposal on Friday.The proposal, outlined at a meeting on nuclear policy,…
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Japan renews warning of ‘decisive action’ versus weak yen
TOKYO, June 5 : Japan is ready to respond appropriately at any time on foreign exchange and reserves the right to take “decisive action” against excessive volatility, Finance Minister Satsuki Katayama said on Friday as the yen hovered around the key 160-per-dollar.The remarks came as investors scrutinise for
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Bank of Japan expected to raise rates this month, sources say
TOKYO, June 4 : The Bank of Japan is expected to raise interest rates this month unless a sharp escalation in the Middle East conflict upends markets, three sources said, as rising fuel costs from the energy shock add to mounting price pressure in the economy.With hostilities flaring anew in the Iran war, cen
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BOJ expected to raise interest rates in June, sources say
TOKYO, June 4 : The Bank of Japan is expected to raise interest rates this month unless a sharp escalation in the Middle East conflict upends markets, three sources said, as rising fuel costs from the energy shock add to mounting inflationary pressure in the economy.With hostilities flaring anew in the Iran w
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SoftBank shares plunge 10% amid broader tech sell-off
Shares of SoftBank fell 10% following an overnight sell-off in the U.S. market on the back of wider profit taking in the tech sector.
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SoftBank’s OpenAI bet and rising debt are raising liquidity crunch concerns
Analysts warned that the market’s renewed optimism on SoftBank is masking mounting balance-sheet risks.
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Japan may be hiding ‘the best AI value,’ Barclays says
Investors chasing Asia’s AI rally may want to look beyond the region’s top-performing stock markets and consider Japan instead, Barclays said.
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Japan fertility rate falls again to record low
TOKYO: Japan’s fertility rate fell again last year to a new record low, official data showed Wednesday (Jun 3), underscoring the demographic crisis gnawing at the world’s fourth-largest economy.Japan has one of the world’s lowest birth rates, as well as a
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Tropical storm Jangmi batters Japan, cuts power to 60,000 homes
Evacuation advisories were issued to hundreds of thousands of residents in eight prefectures across southwestern, central and eastern Japan.
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