World Business
Toyota Doubles Q1 Profit on Weak Yen, Strong US & India Sales
Toyota reported a near doubling of fiscal first-quarter profit to $9.4 billion, driven by robust demand in the U.S. and India and...
#yen 7 articles
World Business
US, Japan Launch Joint Yen Intervention After Currency Hits 40-Year Low
The United States and Japan jointly intervened last week to halt the yen's slide to a 40-year low, marking their first coordinated...
World Business
Japan’s June Trade Deficit Widens to ¥406.9 Billion Amid Weak Yen, Iran Conflict
Japan's trade deficit unexpectedly expanded in June to ¥406.9 billion ($2.5 billion), driven by a depreciating yen inflating import costs and rising...
World Business
Yen Plunges to Four-Decade Low, Rattling Japan Despite Past Intervention
The Japanese yen has fallen to its weakest level against the dollar since 1986, hitting 162.40 in Tokyo and intensifying calls for...
Finance
BOJ Readies Rate Hike to 1995 High; Ueda Absent from Meeting
The Bank of Japan is expected to raise its benchmark rate to 1%—the highest since 1995—at a historic meeting without Governor Kazuo...
World Business
Asia Stocks Reach Record Highs, Yen Near 160
Asian stocks followed Wall Street to record highs, fueled by AI enthusiasm. The yen hovered near 160 per dollar, with traders awaiting...
World Business
Yen Rally Fades, Japan Faces Renewed Intervention Pressure
Japan's recent intervention-fueled yen rally is at risk of evaporating, with traders anticipating further action to stabilize the exchange rate.