Second, the Japanese yen, undervalued by about 40% on a purchasing power parity basis, is a dangerous anomaly. As the currency hovers at 155 per dollar and former officials warn of possible ...
Spending by foreign visitors surged to 8.14 trillion yen ($51.78bn), a 53 percent rise from the previous year. The boom in arrivals has been spurred, in part, by the slumping value of the yen ...
Japan's ancient city of Kyoto has officially announced it will raise the cap on its accommodation tax tenfold to 10,000 yen, or about 63 dollars, a night. The city started collecting the tax in ...
The prosecution never rests in Donnie Yen’s new action-infused legal drama The Prosecutor, in which the veteran martial artist plays a righteous cop who quits the force to join the Department of ...
The Japanese Yen continues to be undermined by the BoJ rate-hike uncertainty. The widening US-Japan yield differential further weighs on the lower-yielding JPY. The Fed’s hawkish stance acts as ...
TOKYO, Jan 7 (Reuters) - Japan Finance Minister Katsunobu Kato issued a fresh warning against speculative yen selling on Tuesday, as the Japanese currency approached the key 160 per dollar level ...
If Donald Trump’s fans and detractors can agree on anything about the U.S. president-elect, it’s that he’s a man of the 1980s. That was the decade of his heyday, when the larger-than-life ...
The dollar strengthens around 1% against the euro and the sterling and rises slightly versus the yen. ([email protected] @ptrevisani) Dollar Hits 2-Year High on Prospect of Cautious Fed ...
Its fall accelerated after it broke through resistance around $1.2475. The dollar gained 0.47% to 157.61 Japanese yen. It reached a five-month high above 158.09 yen in late December, potentially ...
Explaining the possible impact of the BOJ rate hike, which strengthened the yen against other currencies,Satish Chandra Aluri, Lemonn Markets Desk, said, “The overall sentiment among investors ...