Tag: Japan

Japan and US jointly intervene to support yen for first time in 15 years

News EditorialTeam -
Japan and the United States carried out a coordinated intervention in foreign exchange markets last week aimed at supporting...

Japanese stocks hit record highs after Prime Minister’s party wins election

News EditorialTeam -
Japanese stocks posted significant gains today, with the Nikkei 225 index rising 3.89 percent to a record 56,363.94 points....

Japan Loses Position as World’s Largest Creditor After 34 Years

News EditorialTeam -
Japan has lost its position as the world's largest creditor for the first time in 34 years, despite reporting...

Nintendo’s profit drops 60 percent, company downgrades outlook for Switch consoles

News EditorialTeam -
Japanese video game company Nintendo's net profit fell 60 percent year-on-year to 108.7 billion yen (roughly CZK 16.6 billion)...

Carmaker Toyota’s operating profit falls in the quarter for the first time in two years

News EditorialTeam -
Operating profit at Japanese carmaker Toyota Motor fell 20 percent to 1.16 trillion yen (CZK 178 billion) in the...

The US dollar is strengthening against a basket of currencies today

Commodities EditorialTeam -
A semblance of calm has returned to the foreign exchange market today after the more pronounced movements of recent...

Japanese yen strengthens significantly, traders speculate on intervention

News EditorialTeam -
The Japanese yen is strengthening strongly today, with traders speculating on intervention by Japanese authorities to support the domestic...

Japan avoids recession, fourth-quarter GDP revision shows

Economy EditorialTeam -
Japan has avoided recession, a revision of fourth-quarter GDP data showed. Gross domestic product (GDP) increased by 0.1 per...

Core inflation in Japan rose to 3.1 percent last year, the highest since 1982

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Japan's core inflation rate rose to 3.1 percent last year, the highest since 1982. The rise in food prices...

Stocks in Asia, except China, weakened, with Japan doing best this year

Stock Market EditorialTeam -
Asian stock markets weakened slightly today, with the exception of China, where technology companies in particular continued to grow....

Toshiba ends as a publicly traded company after 74 years

News EditorialTeam -
Japan's Toshiba is ending its run as a publicly traded company after 74 years, with the Tokyo Stock Exchange...

Japanese carmakers Honda and Nissan’s profits soar thanks to weak yen

Business EditorialTeam -
Japanese carmakers Honda Motor and Nissan Motor sharply increased their half-year profits and improved their full-year outlook. Both companies'...