History of Japan's intervention in currency markets
(Corrects issues causing hyperlinks to display incorrectly, no changes to text)TOKYO, May 1 : Japan's yen rebounded sharply against the U.S. dollar on Thursday after authorities intervened to prop up the embattled currency from near two-year lows.The yen surged as much as 3 per cent in London t ...
Metro Holdings issues profit guidance for FY2026 results, expects overall net loss
Teo Zheng Long - Metro Holdings Limited (Metro) (SGX: M01 ) says that it is expected to record a loss attributable to shareholders for FY2026 ended March 31. The loss arises after taking into account its associates’ and joint ventures’ operating results from the fair value loss of the investment properties and i ...
Global markets tread water as yen moves dominate currency trading
LONDON/SYDNEY, May 1 : Global shares steadied on Friday, as investors focused on currency markets after the yen jumped against the dollar in European trading a day after Tokyo authorities were believed to have intervened to prop up the currency.The dollar lost as much as 1 per cent against the yen i ...
Global shares steady as yen intervention keeps currency markets in focus
LONDON/SYDNEY, May 1 : Global shares steadied on Friday, with attention firmly on currency markets after the yen suddenly jumped against the dollar in early European trading, a day after Tokyo authorities were widely believed to have intervened to prop up the Japanese currency.The greenback tumbled ...
Asia shares find hope in tech resilience, oil off peak
SYDNEY, May 1 : Asian shares rallied in relief on Friday as oil prices came off the boil and upbeat company earnings pulled investors into tech stocks, while Japan's first yen-buying intervention in two years steadied the battered currency. Apple amplified the cheer by beating forecasts and pro ...
Asia shares find relief in tech resilience, oil off peak
SYDNEY, May 1 : Asian share markets rebounded in relief on Friday as oil prices came off the boil and upbeat company earnings pulled investors into tech stocks, while Japan's first yen-buying intervention in two years steadied the battered currency. Apple amplified the cheer by beating forecast ...
Yen jumps sharply as Japan warns it is ready to intervene again
Tokyo’s ramped-up rhetoric comes as the yen stays under pressure from wide US-Japan interest rate gaps
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Japan warns of speculative yen moves, signals chance of more intervention
TOKYO, May 1 : Japan's top currency diplomat Atsushi Mimura said on Friday that speculative moves persist in markets, a clear signal that Tokyo stands ready to intervene to shore up the yen. "I won't comment on what we'll do ahead. But I will tell you that Japan's Golden Wee ...
Huawei expects AI chip revenue to jump at least 60% this year, FT reports
May 1 : Huawei expects revenue from its AI chips to jump at least 60 per cent this year, boosted by strong demand for domestic offerings from Chinese companies, the Financial Times reported on Friday.The Chinese tech company expects revenue from its chips to reach about $12 billion this year based o ...
Bank collusion probe in Archegos meltdown closes without charges in US
THE US Justice Department has closed a criminal antitrust probe into whether banks illegally coordinated their responses to the unraveling of Bill...
Bank collusion probe in Archegos meltdown closes without charges
THE US Justice Department has closed a criminal antitrust probe into whether banks illegally coordinated their responses to the unraveling of Bill...
Japan's factory activity growth hits 4-year high on stockpiling, PMI shows
TOKYO, May 1 : Japan's manufacturing activity grew at its strongest pace in over four years in April, as companies ramped up production and stockpiled goods amid supply chain disruptions caused by the Middle East war, a private-sector survey showed on Friday. • The final S&P Global Japan ...
South Korean April exports rise 48.0% y/y, as chip boom continues
SEOUL, May 1 : South Korean exports rose for an 11th month in April, beating forecasts, as the global appetite for artificial intelligence infrastructure boosted semiconductor sales to offset jitters from the Middle East conflict. Exports from Asia's fourth-largest economy, a bellwether for glo ...
South Korea April exports rise 48.0% y/y, as chip boom continues
SEOUL, May 1 : South Korean exports rose for an 11th month in April, beating forecasts, as the global appetite for artificial intelligence infrastructure boosted semiconductor sales to offset jitters from the Middle East conflict. Exports from Asia's fourth-largest economy, a bellwether for glo ...
Yen jumps as Japan threatens more intervention at end of busy central bank week
LONDON/TOKYO, May 1 : The yen suddenly jumped against the dollar again on Friday, a day after Reuters and others reported Tokyo authorities intervened to prop up the Japanese currency, while other majors drifted in holiday-thinned trading. Japan's top currency diplomat Atsushi Mimura on Friday ...
Yen steadies after Japan intervention; traders brace for more action
TOKYO, May 1 : The yen trimmed gains against the dollar on Friday, but was still poised for its strongest weekly rally in more than two months after Japanese authorities stepped into the markets to haul the currency back from near two-year lows.Investors remained on high alert for further action fro ...
Yen trims gains against dollar after Japan's intervention in markets
TOKYO, May 1 : The yen eased slightly against the dollar on Friday, but was still poised for its steepest weekly gain in more than two months after Japanese authorities stepped in to lift the currency from near two-year lows.Investors remained on high alert for further intervention from Japan's ...
Fitch warns US debt burden is ‘far above’ other AA rated nations
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Core inflation in Tokyo slows, seen accelerating on energy shock
TOKYO, May 1 : Annual core inflation in April hit a four-year low and stayed below the central bank's 2 per cent target for a third straight month, as fuel and education subsidies offset rising raw material costs from the Middle East conflict.Analysts expect consumer inflation to re-accelerate ...
Core inflation in Tokyo stays below BOJ target for third month
TOKYO, May 1 : Annual core inflation in Tokyo hit 1.5 per cent in April, data showed on Friday, staying below the central bank's target for a third straight month as fuel subsidies offset rising raw material costs from the Middle East conflict.Analysts expect consumer inflation to re-accelerate ...
Toyota to build three assembly plants in India’s Maharashtra: Nikkei
The three new plants will make India Toyota’s fourth-largest production base
Tokyo April core CPI rises 1.5% yr/yr
TOKYO, May 1 : Core consumer prices in Tokyo rose 1.5 per cent in April from a year earlier, government data showed on Friday.The core consumer price index for Japan’s capital, which includes oil products but excludes fresh food prices, compared with economists' median estimate for a 1.8 per ...
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Roblox slashes annual bookings forecast as new safety features take their toll
Sharon Lee - ROBLOX cut its annual bookings forecast on Thursday, signalling that new safety initiatives may impact user growth and spending on its popular...
Oil prices rise with no sign of end to Iran war
MELBOURNE, May 1 : Oil rose on Friday as efforts to resolve the Iran war remained at an impasse, with Tehran still blocking the Strait of Hormuz and the U.S. Navy blocking exports of Iranian crude. Brent crude futures for July were up $1.04, or 0.94 per cent, to $111.44 per barrel by 0421 GMT, while ...
Oil rises over $1 with no sign of Iran conflict ending
MELBOURNE, May 1 : Oil rose on Friday as efforts to resolve the Iran conflict have hit an impasse, with Tehran still blocking the Strait of Hormuz and the U.S. Navy blocking exports of Iranian crude. Brent crude futures for July rose $1.19, or 1.08 per cent, to $111.59 a barrel by 0149 GMT, while We ...
US crude futures rise 41 cents to $105.50/bbl after prior intraday high of $110.93/bbl
MELBOURNE, May 1 : U.S. West Texas Intermediate crude rose 41 cents or 0.43 per cent on open to $105.50 a barrel, after a prior intraday Thursday high of $110.93 a barrel after uncertainty on the direction of the U.S. war against Iran persisted. WTI closed down $1.81, or 1.69 per cent, at $105.07, b ...
Meta CEO Zuckerberg blames layoffs on capital spending, won’t rule out more job cuts
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Sandisk joins Western Digital, Seagate in signaling strong AI storage demand
April 30 : Sandisk forecast quarterly revenue above estimates on Thursday, joining peers Western Digital and Seagate in signaling that enterprise spending on data storage products used in artificial intelligence data centers remains strong. Sandisk shares, which have risen about 350 per cent this ye ...
