Japan spent $74 billion propping up the yen. Investors say the real battle is with the Fed
Yen intervention alone is unlikely to reverse losses while wide U.S.-Japan rate differentials keep supporting the dollar, said analysts. Source link
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Japan raises visa fees by up to 400% for first time since 1978. Here’s why
TOPSHOT – People take photographs with Mount Fuji at Lake Yamanakako in snow in Yamanakako, Yamanashi prefecture on December 5, 2025. (Photo by Yuichi YAMAZAKI / AFP via Getty Images) Yuichi Yamazaki | Afp | Getty Images Travelers who require a visa to enter Japan will pay up to five times more from July 1,…
China widens Japan export curbs, targeting drone makers, nuclear firms and defense institutes
File photo: The Japanese national flag flies in front of the container pier in the Tokyo port. Toshifumi Kitamura | Afp | Getty Images China on Monday blacklisted four Japanese government defense research institutes and imposed tighter export restrictions on dozens of other Japanese entities, escalating a months-long campaign to limit Tokyo’s access to Chinese-origin…
SK Hynix shares: blockbuster Nasdaq listing
The SK Hynix logo is seen above a printed circuit board. Sopa Images | Lightrocket | Getty Images Shares of South Korean chip giant SK Hynix surged as much as 11% on Thursday after the company said it plans to raise as much as $29.4 billion in a U.S. stock market listing. The company plans…
Hormuz relief may not ease the economic toll that’s already ‘baked in,’ analysts warn
Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 17, 2026. Amirhosein Khorgooi | Reuters Early signs that the Strait of Hormuz is reopening have eased the most acute threat to global energy supplies, but economic damages from the nearly four months of war will take months to unwind, analysts…
Yen slides past 161 against the dollar, nearing 40-year low and reviving intervention bets
The yen looked punch-drunk on Wednesday after a sudden spill overnight, pressured by wide interest rate differentials between Japan and the rest of the world. Bibek Raj Giri | Moment | Getty Images The Japanese yen breached the 161 level against the U.S. dollar late Thursday, creeping closer to a four-decade low and renewing speculation…
Why Japan’s intervention and a rate hike didn’t prop up the yen more
The yen rose on Monday, helped by comments from Bank of Japan Governor Kazuo Ueda who left the door open to a near-term rate hike. Javier Ghersi | Moment | Getty Images Japanese Finance Minister Satsuki Katayama is increasingly finding herself in an unenviable position on the foreign-exchange front. After deploying over 11.7 trillion yen…
Japan core inflation holds steady in May, matching expectations despite energy price concerns
An employee at the Celsior Wadamachi supermarket in Yokohama, Japan, on Thursday, Jan. 15, 2026. Soaring food costs are a key component driving broader inflation higher, with data Friday expected to show consumer price growth has stayed above the central bank’s 2% target for four straight calendar years. Bloomberg | Bloomberg | Getty Images Japan’s core inflation…
Japan May exports grow at fastest pace in over three years, beating estimates
Honda Motor Co. vehicles bound for shipment at a port in Yokohama, Japan, on Thursday, Feb. 6, 2025. In Japan, nominal wages rose at the fastest pace in nearly three decades in December, supporting the Bank of Japan’s latest rate hike decision and keeping the bank on track for further tightening steps. Photographer: Toru Hanai/Bloomberg…
Bank of Japan hikes rates to highest since 1995 as yen languishes at historic lows
The Bank of Japan headquarters in Tokyo on May 30, 2024. Kazuhiro Nogi | Afp | Getty Images Japan’s central bank on Tuesday raised its policy rate to the highest in over 30 years at 1%, in line with expectations of economists polled by Reuters, accelerating policy normalization started in 2024. This is the Bank…