Japan is not seeking a strong yen, it just wants a stable currency, David Roche says
Japan is not seeking a strong yen but rather aiming for a relatively stable currency, according to veteran investor David Roche.
Asian news from Japan
Toyota stock slumps despite weaker yen and record profit
TOKYO -- Toyota's share price has slipped about 10% in the past six weeks even as the yen has weakened, running counter to the conventional wisdom that a softer currency helps to buoy Japanese stocks.
Wong takes helm in Singapore, Japan economy data, Australia budget
Welcome to Your Week in Asia.
Yen's fall highlights Japan's overreliance on overseas tech giants
TOKYO -- The weak yen has highlighted Japan's economic vulnerability, as its industries depend heavily on cloud servers provided by overseas Big Tech companies such as Amazon.
Weak yen sends central Tokyo condo resale prices soaring
TOKYO -- The prices of used condos in central Tokyo are soaring as foreign investors pile into the market, lured by the cheap yen's ability to make property in the Japanese capital look like a bargain despite decade-old units fetching three times what they originally sold for.
Itochu character goods affiliate to expand into Southeast Asia
TOKYO -- Itochu is expanding its animation and character goods businesses, having acquired exclusive rights to promote the popular Nordic character Moomin in Southeast Asia and greater China.
India unveils monument to dead from brutal World War II battle
KOHIMA, India/BANGKOK -- Eighty years ago in northeastern India, the Imperial Japanese Army fought what is widely seen as one of the most reckless campaigns of World War II. This week, officials gathered in a ceremony to mark the completion of a memorial to those who died in the offensive's bloody Battle of Kohima.
In Japan, cash-strapped town fears nuclear waste dump will turn it into a ‘graveyard’
But for most locals, anti-nuclear campaigners, and Akiko Makise – a councillor in neighbouring Tosu City – the danger is simply not worth the money.
Modi’s West-leaning gambit risks making India a victim of its own cleverness
The Modi administration’s diplomatic performance can be largely credited to the acumen of External Affairs Minister S. Jaishankar, who has lavished praise on Modi’s strategic vision and been forthright in defending Indian policies, even while strategically aligning with the US-led bloc.