Pakistan, Aug. 6 — The government has invited the Japan International Cooperation (JICA) to co-finance the multibillion-dollar Main Line-1 (ML-1) Railway Project, as Pakistan seeks to expand …
Japan’s government approves Takaichi’s costly food tax cut despite fiscal concerns
By Takaya Yamaguchi, Yoshifumi Takemoto and Makiko Yamazaki TOKYO, Aug 5 (Reuters) – Japan’s government on Wednesday signed off on Prime Minister Sanae Takaichi’s flagship plan to slash the …
North Korea’s Kim Yo Jong warns of new military options over Japan’s strike capabilities
By Heejin Kim and Kyu-seok Shim SEOUL, Aug 5 (Reuters) – North Korea’s Kim Yo Jong, the powerful sister of leader Kim Jong Un, warned on Wednesday that Pyongyang would adopt “additional military …
Analysis: How Bessent is pushing Warsh’s Fed to expand backstop for Japan’s yen defense
Treasury Secretary Scott Bessent wants to defend the yen without selling Treasurys into a sensitive U.S. bond market. The Federal Reserve could help.
Japan, US likely to intervene again if yen resumes slide, ex-BOJ official says
By Leika Kihara TOKYO, Aug 4 (Reuters) – Japan and the United States will “certainly” conduct joint intervention again if the yen shows signs of resuming its downtrend, said Atsushi Takeuchi, a former …
Why the U.S. Stepped In to Prop Up Japan’s Yen Currency
The two countries “will not hesitate to conduct further joint intervention,” vowed Japan’s Finance Minister Satsuki Katayama.
Why the U.S. stepped in after decades to prop up Japan’s yen — and what’s at stake
Washington’s decision to join Japan in supporting the battered yen has prompted questions over what motivated the rare coordinated intervention.
A Currency Trader at Heart, Bessent Bets on Japan’s Yen
Treasury Secretary Scott Bessent made $1 billion betting against the yen as the top investor for George Soros more than a decade ago. Now, he is using the might of the U.S. economy to prop up the …
Blue Owl hires ex-Barclays banker as Japan business co-head
Takeo Ikemori, hired as head of Japan institutional capital, will share the role of Japan representative with Yoichi Nakamura, who is head of private wealth in the country.
Analysis: Federal Reserve may be pulled into Bessent’s effort to support Japan’s yen
Treasury Secretary Scott Bessent wants to defend the yen without selling Treasurys into a sensitive U.S. bond market. The Federal Reserve could help.