Japan

Yen stabilises after finance minister comments, dollar dips
Yen stabilises after finance minister comments, dollar dips
March 26, 2024
THE yen found some stability on Tuesday (Mar 26), just shy of its weakest level in 34 years, as verbal intervention by Japanese officials continued, while the dollar was...
Bonuses shrink at global banks in Japan despite booming markets
Bonuses shrink at global banks in Japan despite booming markets
March 26, 2024
BOOMING markets in Japan have swelled the workload for international bankers in Tokyo but one thing has not changed – stubbornly low pay. Compensation in many cases remains a...
US dollar dips as Japan and China fortify their currencies
US dollar dips as Japan and China fortify their currencies
March 25, 2024
THE US dollar slipped on Monday (Mar 25), with the threat of currency intervention from Japanese authorities and a government-driven rally in China’s yuan weighing on the US currency....
Japan private equity deals jump in otherwise gloomy year for Asia
Japan private equity deals jump in otherwise gloomy year for Asia
March 25, 2024
PRIVATE equity-related dealmaking in Japan jumped last year, as low interest rates and an ample supply of targets helped make the country the only market in the Asia-Pacific region...
Japan shares scale record high, yen rebounds as Fed out-doves BOJ
Japan shares scale record high, yen rebounds as Fed out-doves BOJ
March 21, 2024
JAPAN’S Nikkei share average hit a record high on Thursday (Mar 21) and the yen rebounded from a four-month low, after the US Federal Reserve stuck to its easing...
Japan Airlines says buying 32 Airbus, 10 Boeing planes
Japan Airlines says buying 32 Airbus, 10 Boeing planes
March 21, 2024
JAPAN Airlines (JAL) said on Thursday (Mar 21) that it is buying 32 new aircraft from Airbus and 10 from Boeing in orders likely worth billions of dollars. The...
Bank of Japan chief vows to support economy with monetary stimulus
Bank of Japan chief vows to support economy with monetary stimulus
March 21, 2024
BANK of Japan Governor Kazuo Ueda said on Thursday the central bank will continue to support the economy by maintaining accommodative monetary conditions for the time being. “Japan’s medium-...
Top Japan banks weigh first rate-hikes on ordinary deposits in 17 years
Top Japan banks weigh first rate-hikes on ordinary deposits in 17 years
March 19, 2024
MIZUHO Financial Group said on Tuesday (Mar 19) it plans to raise interest rates on ordinary yen deposits for the first time in 17 years after the Bank of...
Japan ends era of negative rates with few clues on further hikes
Japan ends era of negative rates with few clues on further hikes
March 19, 2024
THE Bank of Japan (BOJ) scrapped the world’s last negative interest rate, ending the most aggressive monetary stimulus programme in modern history, while also indicating that financial conditions will...
Asia: Markets mixed ahead of Bank of Japan decision
Asia: Markets mixed ahead of Bank of Japan decision
March 19, 2024
ASIAN markets were mixed on Tuesday ahead of a much-anticipated Bank of Japan meeting that is expected to see it shift away from years of ultra-loose monetary policy. The...