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Japan Inc. averse to further yen drop, poll finds

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.

Yen breaks through 100, Abenomics hits another milestone

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.

Carmakers set to gain from weak yen

PETALING JAYA: Local Japanese automotive franchise holders are set to gain from the weakening yen, triggered by the country’s aggressive monetary easing plan.

Yen slumps, Nikkei up on bold BOJ; US jobs, Korean tensions weigh

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.

US dollar gain is seen as no match for yen leap

TOKYO: The resurgent US dollar is proving no match for the yen.

Yen Global transforming into IoT player

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.

Green Packet and Yen Global tie up

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.

US banks see yen as best-performing currency next year

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.

Yen nurses losses, euro edges up as Ukraine tension ebbs

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.

Australia banks lift Asian shares, yen firmer

TOKYO: Asian shares inched higher on Wednesday while the yen was firmer amid conflicting interpretations of G7 comments about the yen's recent weakness.