yen
Mapletree closes second Japan logistics development fund; expects 110 billion yen AUM
Mapletree Investments has successfully closed Mapletree Japan Investment Country Private Trust (Majic), riding the wave of a booming logistics sector in Japan. Majic is expected to achieve over 110...
US dollar rebounds after falling on weaker inflation, yen ticks up
THE US dollar found a footing on Thursday (May 16) after falling sharply on Wednesday on the back of data showing a slowdown in US inflation, while Japan’s yen...
Greenback edges up as traders await US inflation data, sliding yen in focus
THE US dollar edged higher on Tuesday (May 14) as traders awaited US inflation data, while the yen hovered near a two-week low, stoking intervention worries.
The sterling fell sharply,...
IMF endorses Japan’s commitment to flexible yen
THE International Monetary Fund (IMF) said Japan’s commitment to allow the yen to move flexibly will help the central bank focus on achieving price stability, warning against growing calls...
BOJ cuts bond buying in regular operation as yen stays weak
The Bank of Japan offered to purchase a smaller amount of government bonds in a regular operation on Monday (May 13) than it did on April 24 as it...
BlackRock warns weak yen deters foreigners from Japan stocks
THE yen’s weakness is turning foreign investors away from Japanese stocks.The Nikkei 225 Stock Average has jumped 14 per cent this year, outperforming its global peers. But for US...
Bank of Japan must avoid raising rates to combat weak yen, says ex-central banker Watanabe
THE Bank of Japan must avoid raising interest rates to combat a weak yen, as higher borrowing costs would hit consumption and services inflation, Tsutomu Watanabe, a former central...
Sterling slips as BOE holds rates; hawkish BOJ policymakers pause yen slide
The pound slipped on Thursday (May 9) after the Bank of England (BOE) held its benchmark interest rates at 5.25 per cent, while hawkish opinions from Bank of Japan...
