yen
Yen loses ground after China’s stimulus boost
THE yen lost ground to major currencies on Wednesday (Sep 25), while the yuan hit its strongest level in over a year, as China’s aggressive stimulus package provided the...
Toyota raises buyback to 1.2 trillion yen, citing share levels
TOYOTA Motor bumped up the size of its share buyback to 1.2 trillion yen (S$11 billion) as the world’s largest carmaker enjoys strong demand in Japan and Europe.
The Japanese...
Japan top FX diplomat says watching for any build-up of yen carry trades: NHK
Japan’s top currency diplomat Atsushi Mimura said authorities are “always watching markets” as a renewed build-up of yen carry trades could heighten market volatility, public broadcaster NHK quoted him...
US dollar firms against yen after BOJ cautious tone over rate hikes
THE US dollar strengthened against the yen on Friday (Sep 20) after the Bank of Japan left interest rates unchanged and indicated that it was not in a hurry...
Asia: Tokyo surges on weak yen as traders cheer big US rate cut
TOKYO’S Nikkei led Asian markets higher on Thursday as the yen hit a two-week high after the Federal Reserve announced a bumper interest rate cut and pledged a series...
US dollar cedes ground to yen ahead of Fed decision
THE US dollar surrendered some of its overnight gains against the yen on Wednesday (Sep 18), as investors tweaked their positions ahead of a policy meeting expected to initiate...
Japan will continue to assess economic impact of stronger yen, finance minister says
JAPAN Finance Minister Shunichi Suzuki said on Tuesday the government will continue to analyse the impact of the strengthening yen on the economy and respond appropriately.“Our stance has been...
US dollar soft, yen strong as bets firm on aggressive Fed rate cut
THE US dollar was lower on Monday (Sep 16) while the yen hit its highest level in more than a year, as market participants increasingly expected an oversized rate...
