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May 10, 2024 | 
bnnbloomberg.ca | Erica Yokoyama |Emi Urabe
(Bloomberg) -- Japan’s foreign currency reserves dropped by $14 billion in April, a fall that reflects a decline in the value of foreign securities holdings rather than intervention in the market. The country’s forex reserves decreased to $1.14 trillion in April, largely on the back of drop in the holdings of foreign securities to $978 billion from $995 billion the previous month, according to a finance ministry report Thursday.
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May 9, 2024 | 
bloomberg.com | Erica Yokoyama |Emi Urabe
Japan’s government and central bank should start targeting an exchange rate of 120-130 per dollar as the yen is currently far too weak for struggling small businesses, according to a national business group leader. “Small and medium-sized companies are already in a very tough spot with the yen sticking around 150 to the dollar,” Ken Kobayashi, chairman of the Japan Chamber of Commerce and Industry, said in an interview Thursday.
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May 9, 2024 | 
finance.yahoo.com | Erica Yokoyama |Emi Urabe
(Bloomberg) -- Japan’s government and central bank should start targeting an exchange rate of 120-130 per dollar as the yen is currently far too weak for struggling small businesses, according to a national business group leader.
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May 9, 2024 | 
japantimes.co.jp | Erica Yokoyama |Emi Urabe
Japan’s foreign currency reserves dropped by $14 billion in April, a fall that reflects a decline in the value of foreign securities holdings rather than intervention in the market. The country’s forex reserves decreased to $1.14 trillion in April, largely on the back of drop in the holdings of foreign securities to $978 billion from $995 billion the previous month, according to a Finance Ministry report Thursday.
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May 8, 2024 | 
ca.finance.yahoo.com | Erica Yokoyama |Emi Urabe
(Bloomberg) -- Japan’s foreign currency reserves dropped by $14 billion in April, a fall that largely reflects a drop in the value of foreign securities holdings rather than intervention in the market.
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May 8, 2024 | 
bloomberg.com | Erica Yokoyama |Emi Urabe
Japan’s foreign currency reserves dropped by $14 billion in April, a fall that largely reflects a drop in the value of foreign securities holdings rather than intervention in the market. The country’s forex reserves fell to $1.14 trillion in April, according to a finance ministry report Thursday. Holdings of foreign securities dropped to $978 billion from $995 billion the previous month.
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May 1, 2024 | 
au.finance.yahoo.com | Emi Urabe |Erica Yokoyama
ReutersTrump raises stake in his media firm to nearly 65%The former U.S. president and Republican presidential candidate secured 36 million shares of Trump Media & Technology Group (TMTG), increasing his stake from 57.6% as of March. Reuters reported last week that Trump would secure a stock bonus worth $1.3 billion from TMTG, equivalent to about half the majority stake he already owns in it, thanks to the wild rally in its shares.
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May 1, 2024 | 
bloomberg.com | Emi Urabe |Erica Yokoyama
Japan’s top currency official declined to confirm if authorities had stepped into the foreign exchange market early Thursday in Tokyo, in a comment following a sharp strengthening of the yen. “I have nothing to say now on whether we intervened in the foreign currency market,” Masato Kanda, vice minister for international affairs, told Bloomberg News on Thursday. “We will disclose intervention data at the end of this month.”
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May 1, 2024 | 
ca.finance.yahoo.com | Emi Urabe |Erica Yokoyama
Financial PostPressure building on Bank of Canada: What economists say about slowing GDP'Momentum in the Canadian economy appears to have faded quickly'Barrons.comBitcoin Plunges. Here’s Why and How Far Prices Could Fall. Bitcoin sells off alongside stocks amid wider market jitters. But now the technical backdrop for cryptos is even weaker.
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Apr 24, 2024 | 
finance.yahoo.com | Erica Yokoyama |Emi Urabe
(Bloomberg) -- Japanese officials rolled out further warnings on the yen after the currency slumped through the 155 mark against the dollar, leaving market players on edge ahead of a central bank meeting and US economic data that may trigger further moves.
