Tag: yen
-
Fed hawks push yields higher, stocks give back gains
July 31 : Stocks were mixed on Friday, giving back much of their earlier gains, while longer-dated Treasury yields pushed to new multi-year highs, after several Federal Reserve officials argued that further interest rate hikes are needed to combat inflation.Currency markets also stayed on alert for further in
-
US Treasury informed banks that it may intervene in yen, source says
July 31 : The U.S. Treasury has informed a number of banks that it may intervene in the yen market on Friday and that they should “stand ready for future action,” a source familiar with the matter told Reuters.The notice to banks, channeled through the Federal Reserve Bank of New York, comes a day after…
-
Japan may have sold up to $59 billion in yen-buying intervention
TOKYO, July 31 : Japan may have sold as much as $58.97 billion in its latest efforts to bolster its currency, central bank data indicated on Friday, signalling repeated efforts to stem the yen’s weakness.The Bank of Japan’s projection for money market conditions for the following day suggests an 8.2 trillion
-
Seven & i agrees strategic partnership to bring in $1.9 billion investment
TOKYO, July 31 : Japan’s Seven & i Holdings has formed a strategic partnership with SoftBank Corp, PayPay and Sumitomo Mitsui Card, which will each invest 100 billion yen ($620 million) into the 7-Eleven operator, a filing showed on Friday. The total 300 billion yen investment comes after the 7-Eleven opera
-
Japan may have sold $58.97 billion in yen-buying intervention
TOKYO, July 31 : Japan may have sold as much as $58.97 billion in its latest efforts to bolster its currency, central bank data indicated on Friday, signalling repeated efforts to stem the yen’s weakness.The Bank of Japan’s projection for money market conditions for the following day suggests a 8.2 trillion y
-
Japan bank SMFG’s Q1 profit jumps 33% on robust loan demand
TOKYO, July 31 : Sumitomo Mitsui Financial Group recorded a 33 per cent rise in first-quarter profit, marking the latest Japanese financial institution to weather huge swings in global markets and trade and stay on track for record profits.Strong loan demand from SMFG’s clients, which are primarily made of up
-
Kioxia forecasts $11.78 billion Q2 operating profit
TOKYO, July 31 : Kioxia said on Friday it expects to report operating profit of 1.89 trillion yen ($11.78 billion) in the July-September quarter as AI investment boosts demand for its memory chips. • That compares with an average estimate of 1.95 trillion yen from eight analysts surveyed by LSEG.•
-
Yen remains under pressure after BOJ keeps rates unchanged
HONG KONG, July 31 : The yen stayed under pressure on Friday after the Bank of Japan held rates steady, paring some of the sharp gains sparked by coordinated intervention overnight as markets tested Tokyo’s resolve to support the sagging currency.The dollar last traded 0.75 per cent stronger at 160.670 yen, a
-
Yen remains under pressure after BOJ kept rates unchanged
HONG KONG, July 31 : The Japanese yen stayed under pressure on Friday after the Bank of Japan kept rates unchanged as markets tested Tokyo’s resolve in the wake of a coordinated intervention to prop up the fragile currency. The dollar extended gains, to trade up 0.81 per cent at 160.760 yen, after the previou
-
Japan’s FX reserve account logs $31 billion surplus in FY2025
TOKYO, July 31 : Japan posted a surplus of $31 billion from a special government account for foreign exchange reserves in the fiscal year that ended in March, the second-highest on record, thanks to a weaker yen boosting its yen returns on foreign assets.The surplus from the special account, which manages for
Latest News
Stay Connected
Categories
BBC News CNA CNBC CNN International Deutsche Welle (DW) Euronews France 24 General Global & European Specialized & Regional
Tags
amp Artificial intelligence Asia Breaking News: Business Breaking News: Markets Breaking News: Politics Breaking News: Technology Business business news cent china cup Donald J. Trump Donald Trump economy European Union fast football France germany india Investment strategy iran Iran war markets People per politics return russia S&P 500 Index said Singapore spain Sport Stock markets technology trump ukraine United States US-Israel attack on Iran 2026 video War in Ukraine World World Cup 2026
About the Author
AF themes
Easy WordPress Websites Builder: Versatile Demos for Blogs, News, eCommerce and More – One-Click Import, No Coding! 1000+ Ready-made Templates for Stunning Newspaper, Magazine, Blog, and Publishing Websites.
Search the Archives
Access over the years of investigative journalism and breaking reports
You May Have Missed
