Another billion-dollar intervention is being discussed as the value of the Japanese yen continues to decline.

After crossing that threshold at the end of last month for the first time since November, the Japanese yen traded just above 140 against the US dollar on Monday.

The yen fell to levels last year that had not been seen since 1990 when Japan's Finance Ministry intervened to support th...

In January, Japan recorded a record trade imbalance of 3.5 trillion yen

Japan recorded its largest-ever trade deficit of 3.5 trillion yen in January as energy import prices rose and export growth slowed, with record red ink noted with major trading partner China, according to the Finance Ministry on Thursday. The deficit surpassed the previous record of 2.82 trillion...

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...

With rising energy prices and a depreciating yen, Tokyo is seeing its highest rate of inflation in 30 years

Core consumer prices in Tokyo rose 2.8% from a year earlier in September due to rising energy costs and a weak yen, the fastest annual rate of increase in almost three decades when removing the effects of tax increases.

The Ministry of Internal Affairs and Communications said that the c...

In light of the conflict in Ukraine, the EU is preparing an emergency strategy

The plan, according to European Commission President Ursula von der Leyen, will support efforts being made across the EU to hasten the development of renewable energy sources like wind and solar power.

The executive branch of the European Union announced on Friday that it will create an...

Global Donors Pledge 9.1 billion Euros in Donations to Ukrainian Refugees

On Saturday, donors including the European Commission and the Canadian government pledged a combined 9.1 billion euros for loans, grants, and donations for supporting the Ukrainian refugees fleeing the war after the Russian invasion.

A fundraising event was held in Warsaw, Poland that h...

The Collaboration Between Singapore and Vietnam to Grow Even Stronger

Nguyen Xuan Phuc, the president of Vietnam paid a visit to Singapore from February 24 to February 26 for the discussion of the bilateral interest issues and also to explore the possibilities of collaboration in the fields of trade, marine security, technology, and investment. In the past few year...

Vietnamese President Nguyen Xuan Phuc's visit to Singapore aims to reinforce the two countries' close ties

Amid the complicated developments of the COVID-19 pandemic, Vietnamese President Nguyen Xuan Phuc's upcoming State visit to Singapore from February 24-26 aims to reassure and reaffirm the two countries' close cooperation in political, economic, and strategic fields, according to a Singapo...

The EU is wary about Africa's ambition to invest in gas

The Global Gateway Africa, a €150 billion plan aimed at connecting Africa's natural wealth to the global market and investing in the continent's electrification, ideally using sustainable energy, was the EU's main pitch during the two-day EU-AU summit.

"Africa has ...

The New European Defence System That is Also Environment Friendly

Today a Communication regarding further contribution of the Commission, to European defence would be presented along with a Roadmap that would talk about critical technologies for Security and Defence. The Member States are currently discussing this Commission’s contribution to the Strategi...

President Ursula von der Leyen’s Speech at the EU Industry Days 2022

The President of the European Commission, Ursula von der Leyen, made a speech at the EU Industry Days 2022, a flagship annual event. 

Addressing the attendees, she said that all over the world the “made in Europe” label was seen as a symbol of top-quality products. ...

EU Commission Considering Sanctions Against Putin

The European Commission's President, Ursula von der Leyen has said that the EU has prepared a wide range of financial and economic sanctions against Russia and was even considering imposing sanctions against the inner circle of the Russian president Vladimir Putin.

On Friday, she sa...

TOKYO STOCKS END HIGH OVER COVID-19 VACCINE ROLLOUT PLANS

Highlights –

• Tokyo stocks end high over COVID-19 vaccine rollout plans.
• The 225-issue Nikkei Stock Average ended up 97.76 points, or 0.34 percent.
• Topix index of all First Section issues on the TSE finished 0.41 points, or 0.02 percen...

NIKKEI ENDS HIGH OVER U.S EMPLOYMENT DATA

Highlights –

• Nikkei end higher over U.S employment data.
• The 225-issue Nikkei Stock Average ended up 77.72 points, or 0.27 percent.
• Topix index of all First Section issues on the TSE finished 1.66 points, or 0.08 percent.
• S...

TOKYO STOCKS END LOW OVER FALL IN TECHNOLOGY ISSUES

Highlights –

• Tokyo stocks end low over fall in technology issues.
• The 225-issue Nikkei Stock Average ended down 116.59 points, or 0.40 percent.
• Topix index of all First Section issues on the TSE finished 0.49 point, or 0.03 percent.

BEIJING TO HAND OUT AROUND $6.27 MILLION IN DIGITAL CURRENCY

Highlights –

• Beijing to hand out around $6.27 million in digital currency.
• Beijing Local Financial Supervision and Administration Bureau will do the same through a lottery system.
• China has been developing digital yuan since 2014, but...

TOKYO STOCKS END HIGHER OVER COVID-19 INOCULATIONS

Highlights –

• Tokyo stocks end higher over COVID-19 inoculations.
• The 225-issue Nikkei Stock Average ended up 131.80 points, or 0.46 percent.
• Topix index of all First Section issues on the TSE finished 16.15 points, or 0.84 percent.

TOKYO STOCKS END HIGH ON FRIDAY OVER U.S ECONOMIC DATA

Highlights –

• Tokyo stocks end high on Friday over U.S economic data.
• The 225-issue Nikkei Stock Average ended up 600.40 points, or 2.10 percent.
• The broader Topix index of all First Section issues on the TSE finished 36.42 points, or ...

TOKYO STOCKS END HIGH OVER STRONG EXPORT DATA ON THURSDAY

Highlights –

• Tokyo stocks end high over strong export data on Thursday.
• The 225-issue Nikkei Stock Average ended up 53.80 points, or 0.19 percent.
• Stocks gained in textile and apparel, metal product and rubber product issues.
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