CashNews.co Asian Banking & FinanceJapan, Cambodia’s financial service authorities exchange letters of cooperationJapan’s Financial Services Agency (JFSA) and the Cambodia Non-Bank Financial Services Authority (CFSA) have exchanged letters for….39 minutes ago Read More #cashnews #Japan #finance
Japan’s Kato Warns of Negative Impact of Sudden Yen Moves #JapanFinance
CashNews.co (Bloomberg) — Sudden moves in Japan’s currency hurt companies and households, and that impact requires close government scrutiny, Japan’s newly appointed finance minister said, following a pronounced slide in the yen in recent days. Most Read from Bloomberg “The problem is sharp currency fluctuations can have a negative impact on business activity and doesn’t […]
Japan’s Top FX Diplomat Mimura will monitor FX including speculative movement #JapanFinance
CashNews.co Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign exchange official, on Monday, warned against speculative moves on the foreign exchange (FX) market as the Yen fell below 149 per dollar, per Reuters. “We will monitor currency market moves including speculative trading with a sense of urgency,” said Mimura. Market reaction […]
Japan’s new leader expresses regret for governing party slush fund scandal, vows stronger defense #JapanFinance
CashNews.co TOKYO (AP) — New Japanese Prime Minister Shigeru Ishiba opened his first policy speech in office Friday by expressing deep regrets over the governing party’s slush funds scandal that dogged his predecessor. Ishiba replaced Fumio Kishida on Tuesday with the paramount mission of quickly pacifying public anger over financial misconduct in the Liberal Democratic […]
Japan finance minister Kato says there are pros and cons to the weak yen #JapanFinance
CashNews.co High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do […]
Japan leads Asia stock rally, dollar gains after blowout US payrolls #JapanFinance
CashNews.co By Kevin Buckland TOKYO (Reuters) – Asian stocks rallied and the dollar reached a fresh seven-week peak on the yen on Monday after blowout U.S. labour data dispelled fears of a recession and spurred a sharp paring of rate-cut bets. Short-term U.S. Treasury yields rose after the closely watched non-farm payrolls report on Friday […]
Japan’s top FX diplomat warns against speculative moves as yen falls #JapanFinance
CashNews.co By Makiko Yamazaki TOKYO (Reuters) -Japan’s top currency diplomat, Atsushi Mimura, issued on Monday a warning against speculative moves on the foreign exchange market as the yen fell below 149 per dollar. “We will monitor currency market moves including speculative trading with a sense of urgency,” Mimura told reporters, reviving a verbal warning tactic […]
Japan’s $4 Trillion ‘Carry Trade’ Begins to Slowly Unwind #JapanFinance
CashNews.co (Bloomberg) — Japan’s investors are starting to lose their decades-long infatuation with overseas assets. Most Read from Bloomberg In the first eight months of the year, Japanese investors snapped up a net ¥28 trillion ($192 billion) of the nation’s government bonds, the largest amount for the time frame in at least 14 years. They […]
Stocks soar in Hong Kong while Middle East tensions sober Japan and Europe #JapanFinance
CashNews.co Hong Kong shares roared higher while Japan dropped and Europe wobbled a day after Iran fired scores of missiles into Israel. China’s markets remained closed for Golden Week holidays. S&P 500 Futures: 5,742.00 ⬇️ down 0.30% S&P 500: 5,708.75 ⬇️ down 0.93% Nasdaq Composite: 17,910.36 ⬇️ down 1.93% Dow Jones Industrial Average: 42,156.97 ⬇️ […]
Bank of America to open Japan desk in Singapore to aid Asia push #JapanFinance
CashNews.co TOKYO — Bank of America is opening a Japan desk in its Singapore office this month to help Japanese companies expand into India and the rest of Asia, the lender’s Japan country executive said. This will be BofA’s third support base for Japanese companies, following ones in New York and London, and offer advice on […]