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. Source link
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U.S. Scott Bessent, Japan confirm intervention
The yen held firm on Tuesday as traders remained on alert to the prospect of a coordinated currency intervention by authorities in the U.S. and Japan. Twenty47studio | Moment | Getty Images Japan’s finance ministry said Monday it had conducted a coordinated yen-buying operation with the U.S. Treasury on Friday, marking a rare joint move…
SK Hynix, Samsung Electronics, SoftBank
A semiconductor wafer is on display at Touch Taiwan, an annual display exhibition in Taipei, Taiwan April 16, 2025. Ann Wang | Reuters Asian technology stocks extended their sell-off on Wednesday, with semiconductor names leading declines after another weak session in the U.S. In South Korea, SK Hynix slid more than 10% after the chip…
SK Hynix plunges as semiconductor selloff deepens; Samsung, Softbank
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images South Korean semiconductor shares tumbled on Tuesday, extending a rout in chipmakers after another weak session on Wall Street. SK Hynix plunged more than 10%, while Samsung Electronics fell over 8%….
South Korea’s president invokes dramatic Japan realty crash to push domestic property agenda
South Korean President Lee Jae Myung delivers a speech during the opening ceremony of the 48th session of the UNESCO World Heritage Committee at BEXCO convention and exhibition centre in Busan on July 19, 2026. (Photo by JUNG YEON-JE / POOL / AFP via Getty Images) Jung Yeon-je | Afp | Getty Images South Korean…
Japan core inflation rate in June creeps up from 4-year low as higher oil prices bite
A customer visits a store at Togoshi Ginza shopping street in Tokyo on January 23, 2025. Philip Fong | Afp | Getty Images Japan’s core inflation came in at 1.6% in June, as higher oil prices start to spill over into the wider economy. This is the first rise in core inflation since March, and…
These Japanese AI winners don’t make chips. They make toilets, glass fiber and seasoning
A worker inspects a toilet unit at a Toto Ltd. plant in Kitakyushu, Fukuoka Prefecture, Japan, on Thursday, May 28, 2026. Bloomberg | Bloomberg | Getty Images At a time when investor attention has been on the semiconductor industry, some hidden gems with businesses quite dissimilar to high tech have turned out to be market…
Japan exports and imports grow at fastest pace in June since November 2022
The NYK Venus container ship, operated by Nippon Yusen KK, moored at the Oi Container Terminal in Tokyo, Japan, on Tuesday, July 8, 2025. Bloomberg | Bloomberg | Getty Images Japan exports in June grew at their fastest pace since November 2022, rising 19.3% from a year earlier, powered by shipments of semiconductor equipment and…
Nvidia reveals new AI model and expands Japan’s physical AI ecosystem
Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of the media following the company’s “Japan AI Ecosystem” reception in Tokyo, Japan, on Thursday, July 16, 2026. Kiyoshi Ota | Bloomberg | Getty Images Nvidia unveiled a new AI model for robots and vision AI agents on Wednesday, deepening its push into the…
Japan’s bond market is back in play after decades in the wilderness
A Japanese 10,000-yen banknote arranged in Kyoto, Japan, on Thursday, Nov. 2, 2023. Bloomberg | Bloomberg | Getty Images Japanese government bond yields have been hitting multi-decade highs, with benchmark 10-year reaching levels not seen since 1996 last week. While Japanese bonds have been selling off amid policy normalization by the Bank of Japan and…