Meanwhile, the euro remained steady at $1.0485, while the Japanese yen strengthened to 152.02 per dollar after Japan reported stronger-than-expected GDP growth of 2.8% in Q4.

Japan's economy has not had a good 2024, to say the least. It entered a short recession in February and now is dealing with a crisis surrounding the nation's currency, the yen. The currency's ...

The yen’s 11% drop against the dollar this year is the largest fall of any G10 currency, driven mostly by the wide gap between U.S. and Japanese government bond yields, which is more than 375 ...

First, Japanese officials claimed the yen falling to 150 to the dollar wouldn’t happen. Then it was the 160 level. Now, traders are buzzing about 170.

In a significant development, Japanese automakers Toyota Motor Corp TM and Nissan Motor Co NSANY have teamed up with Chinese tech behemoths Tencent Holdings Ltd TCEHY and Baidu Inc BIDU respectively.

Currencies The Japanese yen still poses ‘a very big risk’ to global markets. Here’s why. The yen carry trade is still alive, setting the stage for the possibility of a further unwind that ...

A rapidly strengthening yen and a sell-off in stocks in the United States pushed Japan’s markets to a second consecutive day of big losses on Friday. By River Akira Davis Reporting from Tokyo A ...

Meanwhile, Tencent is also reconsidering the pace and scale of investments in Japan. The Chinese gaming giant has already backed away from many investment commitments for new games, the report noted.

Tencent , one of the world's largest game companies, and NetEase , a Chinese online game company, have long been investing in Japanese game studios, but with few hit titles and the Chinese game ...