yen
Yen slides to fresh lows, market ‘challenges’ Japan authorities to act
The yen traded at fresh 38-year lows against the dollar and a record trough against the euro on Wednesday (Jul 3), as the currency continued its downward grind, with...
US Treasury yields boost greenback; yen weakens
RISING US yields supported the dollar on Tuesday (Jul 2), with low-yielding currencies such as Japan’s yen and China’s yuan feeling the pressure ahead of a speech by Federal...
Major Japanese insurers to offload 500 billion yen of Honda shares: sources
FOUR of Japan’s top property and casualty insurers and other financial firms plan to sell around 500 billion yen (S$4.2 billion) of shares in Honda Motor, three people said,...
Blackstone to sell Japan supplement maker Alinamin to MBK for 350 billion yen: source
PRIVATE equity firm Blackstone is nearing a deal to sell Japanese supplement maker Alinamin Pharmaceutical to North Asian buyout fund MBK Partners for 350 billion yen (S$2.9 billion), a...
Japan names new currency czar as yen continues its slide, Nikkei reports
JAPAN is getting a new currency czar just as the yen trades near its weakest levels in almost four decades, the nation’s finance minister said.The Finance Ministry appointed Atsushi...
Asia: Yen weakens further to put focus on Tokyo, Asian equities rise
THE yen extended losses to a fresh 38-year low on Friday (Jun 28), putting investors on guard for a possible intervention by Japanese authorities ahead of the release of...
Bruised yen mired near 1986 low with eye on intervention
The yen languished near a 38-year low on the weaker side of 160 per dollar on Thursday (Jun 27), keeping traders on alert for any signs of intervention from...
Toyota, affilites to offload some 177.5 billion yen in Aisin shares
TOYOTA Motor and two affiliates will sell 33.9 million shares in group supplier Aisin, the companies said on Thursday (Jun 27), a deal worth 177.5 billion yen (S$1.5 billion)...
