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TOKYO: Signs are that most firms in export-driven Japan Inc, having got the weaker yen they craved, now want the currency to either stabilise or recover ground, rather than continue a slide that will increasingly raise their costs.
TOKYO: Japanese Prime Minister Shinzo Abe scored another small victory as the yen broke below major support of 100 to the dollar, with markets bracing for further declines over the course of the year that would underpin the export-reliant economy.
PETALING JAYA: Local Japanese automotive franchise holders are set to gain from the weakening yen, triggered by the country’s aggressive monetary easing plan.
TOKYO: The yen tumbled and Japanese stocks soared on Monday as the Bank of Japan lost no time embarking on its ambitious stimulus drive, but U.S. weak jobs data and regional risks such as the bird flu and North Korea weighed on other assets.
TOKYO: The resurgent US dollar is proving no match for the yen.
Bursa filings have revealed that the buyer of the 20% block of shares in Yen Global Bhd on Thursday was Taiwan-based Gemtek Technology Co Ltd, confirming StarBiz’s report yesterday.
PETALING JAYA: Mobile broadband and networking solutions provider Green Packet Bhd is going into the Internet of Things (IoT) space by acquiring a stake in loss-making Yen Global Bhd.
TOKYO: After its steepest losing streak on record, Japan’s yen is poised to seize the crown of best-performing major currency from the US dollar in 2016, according to two of the biggest US investment banks.
TOKYO: The safe-haven yen stayed below a recent peak against the dollar and the euro stood firm on Tuesday as anxiety over the Ukraine crisis ebbed for the time being.
TOKYO: Asian shares inched higher on Wednesday while the yen was firmer amid conflicting interpretations of G7 comments about the yen's recent weakness.