South Korea’s finance ministry said Thursday it plans to issue yen-denominated foreign exchange stabilization bonds next month, as the country seeks to expand economic ties with Japan. It would mark …
Japan trade data dims growth prospects as China leads decline in Asia exports
Exports fell 0.3% in July from a year earlier for the first time since February 2021, according to provisional data released Thursday by Japan’s Ministry of Finance. Exports to Asia plunged almost 37%, while those to China contracted 13.4% in an eighth …
Will the rest of the world feel China’s deflation pain?
“China’s consumption recovery remains soft and uneven, but this a far cry from Japan-style deflation,” said Duncan Wrigley, chief China economist at Pantheon Macroeconomics, referring to the country’s …
Japan mothers’ group fears Fukushima water release could revive health concerns
By Kiyoshi Takenaka, Akiko Okamoto and Tom Bateman IWAKI, Japan (Reuters) – Waves crashing on a Japanese beach lashed a man and a woman wearing waders and hats as they demonstrated the use of a blue bucket to scoop some of the liquid into large plastic containers to be taken away and tested for radiation.
MUFG closes $50m Islamic green trade finance facility for Sime Darby Motors
Proceeds will be used for working capital needs related to EVs. MUFG Bank (Malaysia), a subsidiary of Japan’s Mitsubishi UFJ Financial Group (MUFG), has completed its first Islamic Green Trade Finance …
Yen Slumps to 2023 Low as Japan Intervention Debate Intensifies
The yen slumped past levels that have seen Japan wade into the currency market in the past, putting traders on guard for verbal intervention from officials Thursday amid a persistently wide …
US, Japan and South Korea deepen security ties to deter China
The US, Japan and South Korea are to create a leader-level hotline and hold annual joint military exercises as part of a historic trilateral agreement that will help Washington and its Asian allies boost deterrence against North Korea and China.
Why U.S. stock-market investors need to keep an eye on a weak Japanese yen
A weak Japanese yen is nearing levels that might prompt Bank of Japan intervention — an event that could send shock waves through global financial markets, analysts warn.
US Summit With South Korea, Japan, Will Seek to Lock-In Progress -US Official
FILE PHOTO: U.S. National Security Council Coordinator for Indo-Pacific Affairs Kurt Campbell speaks as Principal Deputy National Security Adviser Kim Tae-hyo looks on during a press conference at the Presidential Office in Seoul, South Korea, July 18, 2023. REUTERS/Kim Hong-Ji/Pool/File Photo Reuters
Inside Japan’s ‘miracle town,’ where the birth rate is soaring amid a demographic crisis
Japan is confronting a depopulation crisis because of a precipitously falling birth rate, but one mountain town has bucked the trend — spectacularly.