Japan approves extra $3.9b in aid to chip startup Rapidus
Japan's industry ministry approved subsidies of up to 590 billion yen ($3.9 billion) for chip foundry venture…
Browsing Tag
yen
Asian markets up on Tuesday
Asian stocks rose on Tuesday, with the dollar strengthening and the yen hovering near the 152-per-dollar level,…
Yen drops to 34-yr low against US dollar
Japan issued its strongest warning yet on potential currency intervention as the yen hit a 34-year low, trading…
Yuan rises as preferred carry trade currency
The yuan is emerging as a preferred funding currency for carry trades in the global market, following Japan’s shift…
Japanese yen drops near 4-m low
The yen hovered near a four-month low against the US dollar to reach 151.56 level with intervention concerns…
Asian shares mixed before Fed’s rate cuts
Asian shares were mixed on Wednesday as investors awaited the Federal Reserve's decision on rate cuts, as reported…
Japanese banks to profit following BOJ elimination of negative rates
Japanese banks are set to generate profits in yen from interest on their deposits with BOJ following the…
Asian shares rise on positive Chinese data
Asian shares rose on Monday as Chinese data exceeded expectations, while investors braced for a series of central…
Japanese investors likely to remain offshore – survey
Japanese investors are likely to keep their money offshore as the Bank of Japan (BOJ) moves towards tighter policy,…
Currency market stabile in early Thursday trade
The currency market kicked off early Thursday trade in stabile movement, with the US dollar stabilising against…
