Japan watching sharp forex moves after yen falls to 10-month low
Kyodo -- Sep 07
Japan is monitoring foreign exchange moves with a sense of urgency and will consider timely action if the yen's moves become volatile, its top currency diplomat said Wednesday after the yen hit a fresh 10-month low against the U.S. dollar overnight.
The yen briefly weakened to the 147.80 level against the dollar on the New York market Wednesday, hitting its lowest level since early November, as market participants sold the Japanese currency for the dollar amid speculation that the U.S. Federal Reserve will continue its aggressive interest rate hikes.
Japanese authorities repeatedly issue verbal warnings before they intervene in the currency market. The last time Japan conducted a yen-buying, dollar-selling intervention to arrest the Japanese currency's decline was in October. ...continue reading
The Secret of Japanese Denim: A MUST-HAVE for Your Wardrobe
THE CASUAL - Sep 28
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Singapore became the biggest investor in Japan's real estate sector this year, lured by the yen's weakness and growing demand in logistics and hospitality industries, according to Knight Frank.
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Japanese entrepreneur Takafumi Horie held a press conference Friday announcing a 'big experiment' for his recently purchased radio station 'CROSS FM' in Kitakyushu.
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News On Japan - Sep 24
One of the most widely used language learning apps in the world, "Duolingo," continues to grow in Japan, with the number of users increasing fivefold over the past three years.
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CNN - Sep 21
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