Yen’s plunge raises specter of new Asia currency crisis
TOKYO — The Japanese yen’s 12% plunge this year has traders wondering if the Group of Seven might have a currency crisis within their ranks.
Asian-News.net is your go-to online destination for comprehensive coverage of major news across Asia. From politics and business to culture and technology, we bring you the latest updates, deep analyses, and critical insights from every corner of the continent. Featuring exclusive interviews, high-quality photos, and engaging videos, we keep you informed on the breaking news and significant events shaping Asia. Stay connected with us to get a 24/7 update on the most important stories and trends. Our daily updates ensure that you never miss a beat on the happenings in Asia's diverse nations. Whether it's a political shift in China, economic development in India, technological advancements in Japan, or cultural events in Southeast Asia, Asian-News.net has it covered. Dive into the world of Asian news with us and stay ahead in understanding this dynamic and vibrant region.
TOKYO — The Japanese yen’s 12% plunge this year has traders wondering if the Group of Seven might have a currency crisis within their ranks.
TOKYO — As Fumio Kishida bows out of Japanese leadership, let’s first dispense with the spin about why.
As global investors dump US and Japanese stocks, China’s beaten-down markets are suddenly looking more attractive.
Japan, along with the rest of the world, is watching with growing unease the seemingly unending turbulence of the American presidential election campaign.
TOKYO – Who needs Las Vegas or Macau when betting on how low the yen can go is the best game anywhere?
As Chinese leader Xi Jinping works to increase the yuan’s role in global trade and finance, he’s encountering an unexpected speed bump: mainland companies.
The revival of Chinese manufacturing activity in March could signal light at the end of the economic tunnel for the globe’s biggest trading nation – and not a millisecond too soon for an Asia region desperate for growth engines.
TOKYO/BOAO, China -- As the Japanese currency depreciated to its lowest point in 34 years against the dollar on Wednesday, one less conspicuous factor contributing to yen-selling pressure involves the People's Bank of China's daily central parity rates.