You have searched for "yen"
Showing 1-10 of 10000
TOKYO: Global stocks barely moved on Thursday as soft U.S. retail sales data raised concerns about the health of the world's largest economy and risk of global recession, while sterling was volatile as negotiations on a Brexit deal continued. Both MSCI's broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> and Japan's Nikkei <.N225> were little changed in early trade while U.S. stock futures lost 0.15%. The S&P 500 <.SPX> shed 0.20% the previous day after data showed U.S. retail sales contracted in September for the first time in seven months, in a potential sign that manufacturing-led weakness could be spreading to the broader economy. "It looks like the trade war has claimed yet another victim, in addition to diminished business confidence and reduced investment spending, as consumers are starting to chicken out, " said Chris Rupkey, chief financial economist at MUFG Union Bank.Given U.S. consumption has been one of few remaining bright spots in the global economy, the data fanned worries about a global recession.U.S. Treasury Secretary Steven Mnuchin said on Wednesday that U.S. and Chinese trade negotiators were working on nailing down a Phase 1 trade deal text for their presidents to sign next month.But he also said there were no plans for another high-level meeting on the trade deal outlined last week."While the U.S. suspended a hike in tariffs, it hasn't gone as far as scrapping the tariffs altogether, so it is hard to expect a quick pick-up in the economy, " said Yoshinori Shigemi, global market strategist at JPMorgan Asset Management.Losses in equities were offset by a solid start to the earnings season, though that is partly because investors have already marked down their expectations substantially, with earnings for S&P 500 companies expected to show a decline of 3% for the quarter, according to Refinitiv data.Bank of America shares rose 2.0% following its quarterly results. Netflix rose 9.9% in after-hours trade after its earnings beat Wall Street estimates.In the currency market, soft U.S. retail sales took the shine out of the dollar.The dollar index <=USD> fell 0.30% on Wednesday and last stood at 97.964, having touched its lowest since Aug. 27. Against the yen the dollar slipped to 108.73 yen, after peaking at 108.90 on Tuesday.The euro stood at $1.1075, up 0.04% so far in Asia, near a one-month high of $1.1085 hit in U.S. trade on Wednesday.Sterling traded at $1.2823, having risen to as high as $1.2877 on Wednesday, its loftiest level since mid-May.It has risen more than 5% in the past five sessions on the prospect that the United Kingdom and the European Union can strike a fresh deal to avoid a no-deal exit in the summit on Thursday and Friday.Investors have welcomed optimistic comments from key officials during last few days. British culture minister Nicky Morgan said late on Wednesday there is a good chance of a deal.Still, many doubts remained, not the least of which is if British Prime Minister Boris Johnson can ensure his government and factious parliament approve the plan.In one sign of investor caution, in currency option markets, risk reversal spreads in sterling turned in favour of pound puts after briefly favouring pound calls earlier this week, meaning demand to protect the currency's downside is stronger than that for the upside.The Turkish lira steadied off seven-week lows as U.S. President Donald Trump's sanctions for Turkey's military incursion into Syria were perceived to be lighter than expected.Lira bears also suffered a flashback of their suffocating March squeeze as the authorities moved to keep a lid on volatility by restricting the supply of lira to overseas counterparts.The lira stood at 5.8825 per dollar Oil prices eased after U.S. data showed a larger-than-expected build in U.S. crude stocks.Brent crude futures fell 0.82% to $58.93 a barrel while U.S. West Texas Intermediate (WTI) crude lost 1.01% to $52.82 per barrel.
DATE, Japan (Reuters) - When a river in Japan's Fukushima prefecture overflowed on Sunday at the height of Typhoon Hagibis, 700 homes were flooded, many belonging to elderly residents too frail to clean up and repair their water-logged houses.
TOKYO (Reuters) - New Japanese Emperor Naruhito is set to proclaim his enthronement to the world next week in a centuries-old ceremony attended by some 2,500 people, including heads of state and other dignitaries from nearly 200 countries.
KUALA LUMPUR: The ringgit was lower against the US dollar at today's opening on lack of demand for the local currency amid cautious market sentiment, a dealer said.
KUALA LUMPUR: Blue chips staged a mild rebound early Wednesday, underpinned by Petronas-linked stocks, as investor sentiment perked up following the firmer key Asian markets.
DATE, Japan (Reuters) - Rescue workers in Japan searched for the missing on Wednesday as the death toll from one of the worst typhoons to hit the country rose to 74, public broadcaster NHK said, many drowned by flooding after scores of rivers burst their banks.
SYDNEY: Asian shares took off on Wednesday and sterling held near six-month highs as Britain and the EU made headway on a Brexit deal ahead of a leaders' summit though it remained unclear if London could avoid postponing its scheduled departure on Oct 31.
FORMER Perak state athletes and coaches are now entitled to various benefits through a special welfare card.
KUALA LUMPUR: The ringgit open unchanged against the US dollar today with investors remained on the sidelines with issues over Brexit topping the list of their main concern, a dealer said.
TOKYO (Reuters) - Japan's government will consider drafting a supplementary budget if the 500 billion yen ($4.6 billion) it has in reserve for disaster relief is not enough, Finance Minister Taro Aso said on Tuesday, after Typhoon Hagibis flooded large areas of eastern Japan.