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Japan’s digital trade deficit hit a record high of 6.46 trillion yen ($43 billion) in 2024, reflecting the dominance of services provided by US technology giants, Kyodo News reported,...
The yen hovered near a five-month low against the dollar on Friday as the US Federal Reserve’s hawkish messaging contrasted with the Bank of Japan’s cautious approach to further...
The yen rallied on Friday after forecast-busting inflation data out of Tokyo boosted talk of another Japanese interest rate cut next month, while equity markets were mixed as traders...
The yen strengthened steadily against the dollar on Wednesday, with traders suspecting another round official buying after Japanese authorities last week likely stepped in to haul the currency away...
Japan may have spent up to 3.57 trillion yen ($22.43 billion) on Thursday in its most recent intervention in the foreign exchange market to wrest the yen up from 38-year...
The US dollar hit a near 38-year high to the yen on Tuesday following a surge in Treasury yields as investors contemplated prospects of a second Donald Trump presidency. Japan’s...
The yen jumped suddenly against the dollar on Monday, with traders citing yen-buying intervention by Japanese authorities to try to underpin a currency languishing at levels last seen over three...
The dollar was around its highest since November against a basket of peers on Thursday, after hotter-than-expected US inflation data a day earlier squashed expectations of an interest rate cut...
Japan’s finance minister (FM) issued his strongest warning to date on Wednesday about yen weakness as it fell to a 34-year low against the dollar, saying authorities could take...
Japan’s Nikkei share average rose on Monday to its highest level since July 1990, buoyed by optimism over a US debt ceiling deal and a weaker yen. SoftBank Group jumped...