Majority of Japanese Firms Says Weak Yen Hurts Profits: Survey bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The plunge to 160 per dollar immediately filled news reports and social media across Japan. “We cant let our guard down,” Iguchi called repeatedly as trading ensued. Other so-called red-line levels — 155 and 158 — had fallen with no pushback. Some were starting to ask if the authorities would ever act.
Yen's Wild Swings Are Just a Taste of What's to Come bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) — European and US equity futures slipped following weakness in Asian markets, with Meta Platforms Inc.’s disappointing outlook underscoring the risk of volatility in a high-stakes earnings week. The Euro Stoxx 50 contract edged down 0.2% while S&P 500 futures fell 0.8%. Stock benchmarks fell more than 1% in South Korea and Japan. Facebook…
(Bloomberg) — Asian equities declined after Meta Platforms Inc.’s disappointing outlook raised concern about whether the bull market has run too far. Stock gauges slid in South Korea and Japan, while US stock futures also fell. The yen extended losses after weakening beyond 155 per dollar for the first time in more than three decades…
Japan Airlines CEO Tottori Describes Weak Yen as a 'Big Problem' bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.