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As bond yields approach the ceiling once more, the Bank of Japan may announce a significant policy adjustment this week.
With government bond rates increasing and the yen strengthening, the Bank of Japan is scheduled to hold a meeting this week, and some economists are predicting that it may abandon its yield curve management policy. The Bank of Japan surprised markets by increasing its tolerance range for 10-year ...
Relocating families in Japan will reportedly earn 1 million yen per child.
Reportedly, the Japanese government will offer families up to 1 million yen ($7,670) per child to relocate outside of Tokyo. Already, the government was paying 300,000 yen per kid to families who relocated to other parts of Japan. Authorities in Japan are taking this step in an effort to spread o...
COUNTERFIET 1,000 YEN USED AT A GAS STATION IN SHIMONOSEKI, YAMAGUCHI PREFECTURE
Highlights –
- Counterfeit 1,000 yen used at a gas station in Shimonoseki, Yamaguchi prefecture.
- Suspect had put high-octane gasoline worth 3,000 yen and paid part of the cost with the fake note.
- The note was found to be fake when the g...
The About to be Thriving Phu Yen Province of Vietnam.
Located on the South-Central Coast of Vietnam, the province of Phu Yen, has seen a remarkable development in recent years due to the various infrastructure and industrial projects undertaken by many domestic and foreign investors. The province is also encouraging investors to invest in projects l...
DOLLAR STRONG FOR THE THIRD CONSECUTIVE DAY
Highlights:
- The dollar stood at 98.02 against the basket of six currencies.
- Japanese yen surged by 0.2 percent and settled at 109.30 against the dollar.
- Chinese Yuan stood at 7 yuan per dollar level.
The dollar strengthene...
HISTORY INDICATES IT’S GOOD TIME TO BUY YEN VS DOLLAR
The last quarter of 2019, is not considered to be merry for yen bulls. Turning the pages of history, it can be considered a sign of good times around the corner. January can be considered to be a favorable month for Japan's yen. It can bring gains against the dollar as happened seven out of 1...