yen
US dollar reined in by threat of Japanese intervention; yen fragile
THE US dollar backed off the key 160-yen level on Tuesday (Jun 25), as fears of intervention from Japanese officials deterred traders from punishing the yen too severely against...
US dollar slips; yen briefly jumps as intervention worries linger
THE US dollar was slightly weaker on Monday (Jun 24) but remained close to an almost eight-week high, while the yen briefly jumped as it languished near the 160...
Yen under pressure even as Japan steps up verbal warnings
The yen remained under pressure and close to key levels against the dollar on Monday (Jun 24), even after Japan’s top currency official warned that authorities stand ready to...
Australian, New Zealand dollars surge against yen, inflation tests loom
THE Australian and New Zealand dollars scaled new 17-year tops on the low yielding yen on Monday thanks to persistent carry trade demand, although risk of a reversal looms...
Asia: Markets track weak US lead, eyes on yen
ASIAN markets extended last week’s poor run with more losses on Monday, following on from another tepid lead from Wall Street as profit-taking weighed on the tech sector.A forecast-topping...
BOJ to forgo July rate hike, taper 24 trillion yen per year: ex-policymaker
THE Bank of Japan (BOJ) is likely to trim bond-buying by around 24 trillion yen (S$206 billion) annually in new guidance due next month, but forgo raising interest rates...
Kirin to buy Fancl for 220b yen in shift away from beer
KIRIN will acquire Japanese skincare and cosmetics brand Fancl for around 220 billion yen (S$1.9 billion) as part of an effort to reduce its reliance on beer. The Japanese brew...
Asia: Markets, yen drop ahead of key Bank of Japan decision
ASIAN markets and the yen weakened against the dollar on Friday ahead of a policy decision by the Bank of Japan, while the euro remained under pressure as critical...
