Japan

The Japanese yen sent shockwaves through the markets at the start of September, triggering alarms for traders already on edge in what is shaping up to be a highly volatile month. The yen, as tracked by the Invesco CurrencyShares Japanese Yen Trust (NYSE:FXY), appreciated over 0.9% by 11:30 a.m. ET...

Vice President Kamala Harris has expressed her support for American ownership of United States Steel Corporation (NYSE:X), amidst ongoing foreign acquisition attempts. What Happened: On Monday, Harris, the Democratic presidential nominee, took to X to voice her opinion on the future of U.S. Steel....

By Lance Roberts In a recent discussion with Adam Taggart via Thoughtful Money, we quickly touched on the similarities between the U.S. and Japanese monetary policies around the 11-minute mark. However, that discussion warrants a deeper dive. As we will review, Japan has much to tell us about...

China’s electric vehicle industry, which has been thriving, may not be able to replicate the offshoring strategy that helped Toyota Motor Corp (NYSE:TM) and Honda Motor Co Ltd (NYSE:HMC) achieve global success, according to an expert. What Happened: Alicia Garcia-Herrero, a senior research...

A proposed buyout offer of 7-Eleven parent company Seven & I Holdings Co could take the American convenience store from being owned by a Japanese company to a Canadian company. Many people likely have no idea that 7-Eleven is currently owned by a Japanese company according to a poll of Benzinga...

Hedge funds are now turning to the U.S. dollar for carry trades after pulling back from the Japanese yen for bets on emerging markets two weeks ago, according to CitiGroup. Investors retreated from using the yen for this investment strategy two days after the Bank of Japan raised interest rates...

Convenience store chain 7-Eleven could soon be part of the largest takeover of a Japanese company if a buyout offer is approved and history is made by one of the largest Canadian public companies. What Happened: Canadian convenience store owner Alimentation Couche-Tard Inc (OTC:ANCTF) has proposed...

As Typhoon Ampil approaches the Tokyo area, Japan is experiencing disruptions in travel and warnings of severe weather conditions. The typhoon is expected to continue its trajectory northwards in the Pacific Ocean. What Happened: The Japan Meteorological Agency has issued warnings of strong winds,...

Although Toyota Motor Corp (NYSE:TM) has been one of the slowest legacy automakers to develop electric vehicles, it reportedly might be the first to eliminate cars powered solely by gasoline. Nearly 30 years after introducing the Prius, its groundbreaking gasoline-electric hybrid, Toyota plans to...

The latest Reuters survey indicates that most Japanese firms feel a Kamala Harris presidency would be more beneficial for their businesses than a second term for former President Donald Trump. The survey underscores concerns about protectionism and policy unpredictability. What Happened: About 43%...

By RoboForex Analytical Department USD/JPY has retreated from its peak this week, settling at 146.82. The yen gained some strength as the US dollar weakened following July's lacklustre US Producer Price Index (PPI) data. This report bolstered market expectations for a potential 50 basis point...

At the same time the Bank of Japan caused panic and traders began to unwind the carry trade, something DKI has been talking about since October of 2022, multiple retail trading platforms failed. It might be a good time to hedge your portfolio, or have some assets outside the financial system (or...

In a recent development, Japanese Prime Minister Fumio Kishida has declared his intention to step down in September. This announcement has drawn a range of responses from government officials and analysts alike. What Happened: Kishida’s decision to not contest in the upcoming reelection as...

In a bid to enhance its disaster response capabilities, the Tokyo metropolitan government has launched an AI system designed to quickly detect fires and building collapses during major earthquakes. What Happened: The AI system, created by Hitachi Ltd., scrutinizes...

Japanese Prime Minister Fumio Kishida is reportedly set to announce his decision to step down from his role as the leader of the ruling party in September. What Happened: Kishida, who has been in office for three years, will not seek re-election as the leader of the Liberal Democratic Party,...