Japan signals chance of currency intervention, yen rises
The currency is down around 6% since Prime Minister Sanae Takaichi was elected leader of her party Japan sees currency intervention as a possibility in dealing with excessively volatile…
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Yen
Singdollar stays above S$1 to 120 yen mark
The Singapore dollar stayed above the S$1-to-120 yen mark on Thursday (Nov 20), standing at 120.39 yen as at 6.35pm, after having peaked at 120.64 at around 3pm, Bloomberg data indicated.…
Nissan sells Yokohama headquarters for 97 billion yen as part of restructuring
Nissan Motor said on Thursday it has concluded a 97 billion yen (S$840 million) trust beneficiary rights transfer agreement to sell and leaseback its global headquarters in Yokohama, Japan…
Bank of Japan seen keeping rates on hold, yen pressure looms
The Bank of Japan is widely expected to keep interest rates steady on Thursday, but reiterate its resolve to continue pushing up still-low borrowing costs to fend off the risk of further…
US dollar mixed as yen sell-off wanes, euro hit by French politics
THE US dollar was mixed on Thursday (Oct 9) as a sell-off in the Japanese yen appeared exhausted for now, while the euro was dented by political uncertainty. The yen reached its weakest…
Euro, yen slide for third straight day versus US dollar
The euro and the yen were headed for a third straight daily loss against the US dollar, pressured by political turmoil in France and expectations of increased fiscal spending in Japan.…
Singapore dollar surges against the Japanese yen to its strongest level in more than a year
The Singapore dollar strengthened to its strongest level against the Japanese yen in more than a year on Wednesday (Oct 8) morning. The latest move marks the rapid weakening of the yen…
Yen, euro extend slide against US dollar as politics calls the shots
Political developments drove currency markets again on Tuesday (Oct 7) with the yen falling to a two-month low after Sanae Takaichi’s leadership victory in Japan, while the euro remained…
Japanese yen slides on likely new leader, euro pressured by French PM resignation
Politics dominated currency markets on Monday (Oct 6) as the Japanese yen weakened by the most in five months against the dollar with Sanae Takaichi looking set to become Japan’s next…
Toyota Industries 4.7 trillion yen buyout plan faces antitrust delays
Toyota Motor chairman Akio Toyoda’s proposal to buy out Toyota Industries for 4.7 trillion yen (S$40.5 billion) has been delayed because the approval process under antitrust laws in…
Japan’s stocks zoom, yen slumps as Takaichi win dims BOJ hike bets
Japanese shares surged to a record high on Monday (Oct 6), while the yen and long-term bonds tumbled as Sanae Takaichi was all but confirmed to become the country’s next premier, stoking…
Asia: Tokyo soars, yen sinks after Takaichi win on mixed day
TOKYO stocks surged more than four per cent to a record high on Monday and the yen sank on bets that the new leader of Japan’s ruling party will embark on a new era of loose monetary…
Thakral Corp divests Yotsubashi Nakano Building in Osaka for 5.3 billion yen
Thakral Corporation announced on Tuesday (Sep 30) that it has completed the divestment of its commercial building, Yotsubashi Nakano Building, in Osaka, Japan, for 5.3 billion yen (S$46.2…
Keppel DC Reit acquires Tokyo data centre for 82.1 billion yen, launches preferential offering to raise S$404.5 million
The new, freehold facility is contracted to a leading global hyperscaler for 15 years The manager of Keppel DC Reit on Monday (Sep 22) announced that it had entered into an agreement to…
Keppel DC Reit raising S$404 million from unitholders to help fund 82-billion yen Tokyo data centre buy
Under preferential offering, unitholders are entitled to 80 units for every 1,000 units owned at $2.24 each The manager of Keppel DC Real Estate Investment Trust (Reit) has signed a deal…
Japan's Topix hits record high, yen and bonds fall on PM Ishiba exit
Japan’s Topix share gauge reached a record high, the yen weakened and longer-dated bonds slid on Monday (Sep 8) after Prime Minister Shigeru Ishiba’s resignation stoked speculation that…
Asia: Shares rise as Japan politics weigh on yen
Asian markets rose on Monday (Sep 8), with Tokyo up nearly two per cent after Japanese Prime Minister Shigeru Ishiba’s decision to resign pushed down the value of the yen. Investors were…
Singapore committed to helping firms navigate energy trade, technology and transition: Low Yen Ling
As the global energy sector faces both trading uncertainty amid geopolitical tensions and transformation in a low-carbon future, Singapore remains committed to supporting firms navigating…
Singapore to help firms navigate turbulent energy market as Opec+ move adds to market challenges: Low Yen Ling
The government will help firms navigate the turbulent energy landscape amid manoeuvres by Opec+, continuing geopolitical tensions and energy transition challenges, Senior Minister of State…
MUFG to launch 100 billion yen Japan real estate fund
Mitsubishi UFJ Financial Group (MUFG) plans to launch a 100 billion yen (S$870 million) fund to invest in Japanese real estate, an executive at the country’s largest banking group told…
Japan Post Bank to launch digital yen in 2026
Japan Post Bank said it would launch a digital yen by the end of fiscal 2026 to make it more convenient for its depositors to make digital financial transactions. The move by the…
CapitaLand Ascott Trust acquires three rental housing properties in Japan for 4 billion yen
CapitaLand Ascott Trust (Clas) has acquired three rental housing properties in Japan for a total of 4 billion yen, said managers of the real estate investment trust (Reit) on Wednesday…
Japan’s Nikkei ends at record high as automakers rise on weaker yen
Japan’s Nikkei share average extended its gains from last week to end at a record high on Monday (Aug 18), as a weaker yen pushed automakers’ stocks higher. The Nikkei rose 0.77 per cent…
Toyota braces for 1.4 trillion yen hit from US tariff turmoil
Toyota Motor lowered its annual guidance as it warned of a 1.4 trillion yen (S$12 billion) hit to its bottomline from US tariffs that have rattled the global automotive industry. The…