Japan

Inflation rates are still rising strongly at the wholesale level. The USD/JPY currency pair was little changed around the 161.36 level.---The Producer Price Index (PPI) in Japan is also known as the Corporate Goods Price Index (CGPI).It…

Asian stocks rose on Thursday, tracking gains on Wall Street overnight, as a string of weak economic readings prompted investors to ramp up bets that the Federal Reserve will cut interest rates by September. Japanese stocks have been the…

By Kevin Buckland TOKYO (Reuters) - The yen fell to a 38-year low against the dollar and a record low against the euro on Wednesday as the Japanese currency continued its slide with Japanese officials largely on the sidelines amid the risk…

Japan's services PMI hits 49.4 in June, first contraction in nearly two yearsFlash 49.8, before 53.8Compound 49.7Flash was 50.0 before 52.6 previously:Japan Final Manufacturing PMI for June 50.0 (Previously 50.4)Comment on the report:The…

Japanese multinational corporation Sony is preparing to launch its own cryptocurrency exchange. The company intends to do this by relaunching another cryptocurrency trading platform it acquired in August 2023. according to…

In a strategic move that underscores its commitment to the thriving digital assets landscape, SonyJapanese conglomerate Sony has revealed plans to launch a comprehensive cryptocurrency trading platform in the…

S&P Global Manufacturing PMI for June 2024 Reaches 50.0Previous 50.4The initial was 50.1.From comment to report:“It is worth noting that the latest PMI data revealed the first rise in Japanese factory output in more than a year, and a…

TOKYO (Reuters) - Japanese Finance Minister Shunichi Suzuki said on Friday that authorities were “deeply concerned” about the impact of “rapid and biased” foreign exchange movements on the economy, with the yen falling to a 38-year low…

Written by Makiko Yamazaki and Satoshi Sugiyama TOKYO (Reuters) - Japan appointed a new diplomat in charge of foreign exchange on Friday as the yen fell to a 38-year low against the dollar, raising expectations of imminent market…

Written by Kentaro Sugiyama and Laika Kihara TOKYO (Reuters) - Japanese authorities will take necessary measures on currencies, Finance Minister Shunichi Suzuki said on Thursday, signaling a willingness to intervene in the foreign exchange…