Results for “Japanese yen”
21 stories found
Weak Yen Impacts Livelihoods in China
The depreciation of the Japanese Yen is reportedly having a negative impact on the livelihoods of people, as highlighted by China Daily.
Yen Outperforms G-10 Currencies Following BOJ Member Takata's Hawkish Speech
The Japanese Yen has shown stronger performance against its G-10 peers, attributed to a hawkish speech delivered by Bank of Japan board member Hajime Takata.
Why Scott Bessent Is So Worried About The Japanese Yen - Forbes
Why Scott Bessent Is So Worried About The Japanese Yen Forbes
US Dollar Strengthens Amid Weak Yen and High Consumer Confidence
The US Dollar is gaining strength, supported by a weakening Japanese Yen and robust consumer confidence within the United States.

Why China’s path to ‘financial superpower’ status could begin in Hong Kong
When Wilson Chan Fung-cheung joined Hong Kong’s banking industry as a foreign-exchange trader more than four decades ago, his work involved US dollars, UK pounds, Japanese yen and various European and Asian currencies – but not Chinese yuan. “Back then, there was no yuan trading at all as, in fact, the internationalisation of the yuan only started in 2009,” recalled Chan, who has worked for various Chinese banks. Beijing’s decision that year to promote its currency for wider use in trade,...

Hong Kong Government to Buy Back Fire-Damaged Homes
The Hong Kong government plans to buy back homes damaged in a large-scale high-rise fire last November for approximately 130 billion Japanese Yen.
Japanese Yen Slightly Weakens Against Dollar
On the 27th, the Japanese Yen experienced a slight depreciation against the US dollar in the Tokyo foreign exchange market.
Weak Yen Impacts Livelihoods in Japan
The weak Japanese yen is reportedly weighing on the livelihoods of people in Japan, as reported by China Daily.
Japanese Yen Weakens to 156 Against Dollar Amid Doubts Over Early Rate Hike
The Japanese Yen depreciated to the 156 yen per dollar range in the foreign exchange market on the 25th, driven by investor speculation that the Bank of Japan will face difficulties in implementing an early interest rate hike.

Japanese Yen Under Pressure as PM Expresses Reservations on Interest Rate Hikes
The Japanese Yen lost ground as Prime Minister Sanae Takaichi reportedly expressed reservations about further interest rate increases by the Bank of Japan.

Yen Tumbles After Japan's PM Voices Concerns on Rate Hikes
The Japanese yen has tumbled after Japan's Prime Minister expressed concerns to the Bank of Japan about further rate hikes.
Japanese Yen Falls After Reports of PM Takaichi's Reluctance on Rate Hikes
The Japanese Yen depreciated against the dollar following reports that Prime Minister Takaichi expressed reservations about further interest rate hikes by the Bank of Japan.
A Japanese toilet maker and seasoning giant are unlikely winners of the AI boom
AI demand is boosting unexpected Japanese companies — including a toilet maker and a seasoning giant. Smith Collection/Gado/Getty Images A toilet maker and seasoning giant are Japan's unlikely winners in the AI boom. Toto, famous for its bidets, has drawn investor attention because it makes key components for memory chips. Food giant Ajinimoto produces an insulating material used in advanced semiconductor packaging. The AI boom isn't just lifting chipmakers and Big Tech. In Japan, it's flushing gains into a toilet manufacturer and a seasoning giant. As demand for AI chips surges, investors are piling into companies that sit inside the semiconductor supply chain — even if they're better known for bathrooms and soup stock. Toilet maker Toto, famous for its high-tech bidets and heated seats, has drawn investor attention. The company makes electrostatic chucks, which are critical components used in the production of NAND memory chips. Memory prices have climbed sharply in recent months, driven by AI-related demand. Last week, UK-based activist fund Palliser Capital called Toto "the most undervalued and overlooked AI memory beneficiary," according to reports by Bloomberg and the Financial Times. After news broke on Tuesday that Palliser Capital had taken a stake and was pushing Toto to promote its chip-parts business, the toilet maker's stock jumped more than 5%. Its shares are up more than 54% over the past year. It's not just Toto. Japanese food giant Ajinomoto, better known for its umami seasonings and soup bases, has become an unlikely AI infrastructure play. The company produces an insulating material used in advanced semiconductor packaging. Ajinomoto's latest financials point to strength beyond its core food business. For the nine months ended December, the company reported an 8.9% rise in net profit, while operating profit increased 5.6% year-on-year. The gains were partly driven by its "Healthcare and Others" segment which includes electronic materials used in semiconductors, the company said in a February earnings statement. After Ajinomoto posted its earnings on February 5, the company's stock rose 13%. Its shares are up more than 56% over the past year. Not all non-tech companies are benefiting equally from the AI boom. Daikin, best known globally for its air conditioners, supplies high-purity chemical materials used in semiconductor manufacturing. It recently trimmed its outlook, citing uncertainty over US tariffs as a drag on demand. The Japanese air conditioning maker reduced its operating profit forecast by about 5% to 413 billion Japanese yen, or $2.6 billion, for the fiscal year ending in March. "Operating profit was significantly affected by the decline in semiconductor demand, decreasing by 44.6% year over year to ¥18,102 million," the company said in its financial report in February. "Net sales of fluoropolymers fell year over year, despite focused Group efforts to capture strong new demand in the data center field, and was due to the stagnation in the construction markets of the United States and China and the significant overall impact of delays in the recovery of semiconductor demand," it added. The company said it plans to cushion the blow through price increases and cost reductions. Daikin's stock dropped as much as 8.4% in Tokyo following its financial results. Read the original article on Business Insider

Japanese Yen Recovers as Central Bank Governor Links Rate Hike to Economic Data
The Japanese Yen saw a recovery after the Bank of Japan governor indicated that future interest rate decisions would depend on economic data.
Yen Recovers Against Dollar Amid BOJ Policy Speculation
The Japanese yen has recovered against the U.S. dollar as traders anticipate potential policy shifts from the Bank of Japan (BOJ).

Yen Tumbles After Nominations of Dovish Officials to Bank of Japan
The Japanese Yen tumbled after reports that Takaichi nominated two prominent doves to the Bank of Japan, following earlier concerns expressed by the Prime Minister.
Global Defense Spending Reaches Record High of $400 Trillion Yen
A UK think tank reported that global defense spending reached a record high of 400 trillion Japanese Yen last year, attributed to the prolonged military invasion by Russia and reduced US involvement in European security.
Dollar Strengthens Amid Yen Weakness and Positive US Economic News
The US dollar has risen, driven by a weakening Japanese Yen and positive economic news coming out of the United States, indicating a stronger performance for the dollar in global currency markets.
Japanese Yen Reacts to Takaichi Election Sweep
The Japanese yen has seen a bounce following an election sweep by Takaichi, raising questions about the sustainability of this market reaction.
Yen Drops Amid Broad Dollar Rally as Fed Confirms Rate Check
The Japanese Yen has fallen as the dollar strengthens across the board, following confirmation of a rate check by the Federal Reserve.