History of Japan’s intervention in currency markets
TOKYO (Reuters) – Japan intervened in the currency market on Thursday for the first time since 1998 to shore up the battered yen, in the wake of the central bank’s…
TOKYO (Reuters) – Japan intervened in the currency market on Thursday for the first time since 1998 to shore up the battered yen, in the wake of the central bank’s…
TOKYO (Reuters) -Toyota Motor Corp said on Thursday it plans to produce about 800,000 vehicles worldwide in October, about 100,000 short of its average monthly production plan, due to semiconductor…
By Davide Barbuscia and David Randall NEW YORK (Reuters) – A Federal Reserve dead-set on fighting inflation is leaving little hope that this year’s rocky markets will end anytime soon,…
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell vowed on Wednesday that he and his fellow policymakers would “keep at” their battle to beat down…
By Crispian Balmer ROME (Reuters) – Italy’s parliamentary election on Sunday could make history, giving the country its first female prime minister at the head of its most right-wing government…
(Reuters) – Belgian consumer confidence dropped dramatically in September, according to the data released on Thursday by the National Bank of Belgium (NBB). The consumer confidence index dropped by 16…
By Mark John and Dhara Ranasinghe LONDON (Reuters) – Europe’s decade-long experiment with negative interest rates, which ended on Thursday with the Swiss National Bank’s return to positive territory, showed…
By Lananh Nguyen, Saeed Azhar and Scott Murdoch WASHINGTON/HONG KONG (Reuters) -Top U.S. bankers came under pressure from lawmakers on Wednesday to take a tougher stance on doing business with…
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – Japan intervened in the currency market on Thursday to buy yen for the first time since 1998, in attempt to shore…
Two Americans Captured In Ukraine Set Free — Thanks To Saudi Arabia Micaela Burrow on September 21, 2022 Two U.S. citizens held captive in Russian-occupied separatist regions in Ukraine re-entered…
By Jamie Freed SINGAPORE (Reuters) – The airline industry’s record-breaking scramble to convert older passenger jets to freighters during the travel-starved years of the coronavirus pandemic threatens to bring a…
By Valentyn Ogirenko and Aziz El Yaakoubi KYIV/RIYADH (Reuters) -Russia and Ukraine carried out an unexpected prisoner swap on Wednesday, the largest since the war began and involving almost 300…
(Corrects third paragraph to show change takes effect on Sept. 23, not Sept. 26) HONG KONG (Reuters) – Hong Kong on Thursday raised its base rate by 75 basis points…
FRANKFURT (Reuters) – Deutsche Bank will need to look at 2023 “with caution”, the lender’s finance chief James von Moltke said on Thursday. Von Moltke, speaking at a financial conference,…
By Clare Jim HONG KONG (Reuters) – When Stephanie Cheung bought a small, two-bedroom apartment for HK$7.7 million ($981,041) as an investment in April 2021, she booked a 6% gain…
LONDON (Reuters) – The Japanese yen rose sharply against the dollar on Thursday after Japanese authorities intervened in the forex market for the first time since 1998 to shore up…
By Ludwig Burger and John Revill ZURICH (Reuters) – Swiss pharma giant Novartis said it would make growth in the United States its top geographic priority, even after laws were…
By Huw Jones LONDON (Reuters) – New York remains far and away the world’s most favoured financial centre, with London still second and Singapore overtaking Hong Kong to come in…
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – The Philippine central bank hiked its benchmark interest rates by half a percentage point on Thursday, and said it…
By Gavin Jones and Angelo Amante TERNI, Italy (Reuters) – Inflation, looming recession and impossibly high energy bills are among the daunting economic problems awaiting whoever wins Italy’s election on…
ZURICH (Reuters) – The Swiss National Bank is going to use SNB bills and repo transactions to absorb liquidity in order to ensure short-term money market rates remain close to…
By Sarah N. Lynch WASHINGTON (Reuters) – The U.S. Justice Department can resume reviewing classified records seized by the FBI from former President Donald Trump’s Florida home pending appeal, a…
UNITED NATIONS (Reuters) -Ukrainian President Volodymyr Zelenskiy told the United Nations on Wednesday that Ukraine wanted “just punishment” for a crime Russia had committed against his nation. Zelenskiy, in an…
TOKYO (Reuters) -Honda Motor Co said on Thursday it would reduce car output by up to 40% at two Japanese plants in early October because of ongoing supply chain and…
BEIJING (Reuters) – China said the U.S. Inflation Reduction Act is suspected of violating the WTO rules and will adopt measures to safeguard its legitimate rights when necessary, the commerce…