Main events scheduled in Japan for April 25-May 1: April 25 (Mon) — Nationwide department store sales data for March to be released by Japan Department Stores Association. April 26 (Tues) — Naha District Court to hand down ruling in case filed by fou…
URGENT: Finance minister says Japan discussed “rapid” fall of yen with U.S.
Japanese Finance Minister Shunichi Suzuki said Thursday he discussed the recent “rapid” decline of the yen against the U.S. dollar with Treasury Secretary Janet Yellen, after the currency dropped to a 20-year low earlier this week. They agreed to close…
Japan’s March core consumer prices up 0.8% on year
Japan’s core consumer prices in March rose 0.8 percent from a year earlier, government data showed Friday. The nationwide core consumer price index, excluding volatile fresh food items, increased for the seventh straight month, the Ministry of Internal…
IMF committee forgoes communique due to apparent Russian opposition
The policy-setting body of the International Monetary Fund wrapped up discussions Thursday without issuing a communique as seen in the past, apparently due to Russia opposing language that condemned its invasion of Ukraine. “Members have made an overwh…
Japan upgrades key economic assessment for 1st time in 4 months
Japan’s government on Thursday upgraded its key economic assessment for the first time in four months, citing a recovery in private consumption, as the effects of the coronavirus pandemic wane. “The Japanese economy shows movements of picking up,” the …
Gist of G-20 chair statement on meeting of finance chiefs
The following is the gist of a press release issued by Indonesia, chair of the Group of 20 major economies, following a meeting of their finance chiefs in Washington on Wednesday. G-20 members: — are deeply concerned about the humanitarian crisis and …
URGENT: G-20 chair statement falls short of directly criticizing Russia
The chair of the Group of 20 major economies fell short of criticizing Russia for its war in Ukraine in a statement issued after a meeting of finance chiefs Wednesday, although it noted members are “deeply concerned” over the economic impact of the con…
Baseball: Angels’ Ohtani flirts with perfection, gets 1st win of 2022
Two-way superstar Shohei Ohtani retired the Houston Astros’ first 16 batters and yielded one hit over six shutout innings at Minute Maid Park to help the Los Angeles Angels win 6-0 on Wednesday. Ohtani (1-2), who tied a career-best with 12 strikeouts, …
Tokyo stocks up in morning, yen’s rapid fall takes slight breather
Tokyo stocks were higher Thursday morning, tracking an overnight rise in the U.S. Dow Jones index, while the recent rapid depreciation of the Japanese yen against the U.S. dollar ebbed after hitting a fresh 20-year low the previous day. The 225-issue N…
Tokyo stocks open higher on Dow gains, capped by yen’s climb
Tokyo stocks opened higher Thursday following overnight advances in the U.S. Dow Jones index, although gains were capped by falls in some export-oriented issues after the Japanese yen strengthened slightly against the U.S. dollar. In the first 15 minut…