On Friday, Shigeru Ishiba, the country’s future prime minister, emphasized how important it is for the economy to properly recover from deflation.He said Japan must revive…
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The U.S. dollar hit a 7-month low, sharply falling against the euro and yen, amid economic data signaling a potential downturn. The dollar index fell 0.7%…
A dramatic yen rally is harnessing market momentum, prompting investors to quickly adjust as trend-followers reverse course. The yen has risen 8% against the dollar in…
Japan’s wholesale inflation accelerated in June due to yen declines, raising raw material import costs and rate hike expectations. Rising global commodity costs and ending fuel…
Tokyo – On Friday, the Bank of Japan (BOJ) signaled its preparedness to raise borrowing costs later this year by keeping interest rates close to zero.…