News with the tag "Yen"

Japan’s long-term bond yields are exploding upward in a way that’s turning global capital markets into a minefield, especially for the US As of last week, 40-year Japanese government bonds hit a record yield of 3.689%, before easing to 3.318% by Wednesday — still nearly 70 basis points higher since ...

For the first time in 34 years, Japan has relinquished its position as the world’s largest creditor nation, overtaken by Germany, according to data released by Japan’s Ministry of Finance. Even though Japan’s net external assets reached a record level , the stronger euro, the yen depreciation, and G...

BitcoinWorld Strong Asia FX Rises as US Dollar Eyes Weekly Loss For those tracking global markets, including the dynamic world of cryptocurrencies, understanding the broader economic currents is crucial. This week, the Forex market is showing some interesting shifts, particularly in Asia. We’re seei...

Japan’s top tariff negotiator Ryosei Akazawa plans to return to the United States on May 30 for a fourth round of trade talks. This trip follows the coming weekend’s third round in Washington, involving Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer. The talks aim to ...

China’s factories hit the brakes in April as fresh U.S. tariffs cooled new orders and pushed manufacturers to cut jobs, a private survey showed Wednesday. Caixin and S&P Global April manufacturing purchasing managers’ index (PMI) slipped to 50.4 from March’s 51.2. The 50-point line separates growth ...

The global financial landscape is constantly shifting, and recent developments in Asia’s currency markets highlight just how interconnected everything is. For those monitoring traditional markets, these movements in Asia FX offer important signals about global economic health and risk sentiment, fac...

China is preparing to roll back its 125% tariffs on certain US imports, including medical equipment, ethane, and aircraft leasing, according to a report from Bloomberg, which cited anonymous sources. The decision is being discussed inside Beijing as both economic pressure and trade friction intensif...

China has rejected Trump’s claims about trade talks and insisted that the U.S. lift all unilateral tariffs imposed on China. On Tuesday, Trump told reporters in the Oval Office that the “astronomical” duties on Chinese goods will “come down substantially.” He promised to be “very nice” in future neg...

The Asian foreign exchange (FX) market is a dynamic landscape, constantly reacting to global and regional economic signals. Lately, we’ve seen a notable divergence in performance, particularly with the Japanese Yen and the South Korean Won. This mixed picture highlights the complex factors influenci...

China accused the United States of wielding tariffs as a weapon of economic intimidation during an informal United Nations Security Council session in New York. Chinese U.N. Ambassador Fu Cong said Washington was hiding behind the words “reciprocity and fairness” while rewriting the rules of world c...