Historic Yen Rally Sparks Biggest One-Day Currency Move in Months
The Japanese yen erased roughly three months of losses against the U.S. dollar in a historic rally that fueled speculation of large-scale government intervention.
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The Japanese yen erased roughly three months of losses against the U.S. dollar in a historic rally that fueled speculation of large-scale government intervention.
Honda, Nissan, and Mitsubishi are expanding their partnership by sharing software, electronic systems, and components in an effort to cut costs and better compete with rapidly growing Chinese automakers.
The Japanese yen weakened to its lowest level against the U.S. dollar since 1986, raising concerns that Japan could intervene again to support the currency.
Honda reported the first annual loss in its history as EV investment costs and weaker global demand hurt profitability.
Sony projected double-digit profit growth even as PlayStation 5 hardware sales slowed, supported by strong performance in image sensors and music.
SoftBank shares jumped more than 16% as Japan’s technology-led rally pushed the Nikkei 225 to fresh record highs following the Golden Week holiday break.
Toto shares rise as AI chip demand boosts its semiconductor component business.
Sakura Internet shares jump over 20% after Microsoft announces AI infrastructure expansion in Japan.
Nissan plans to export U.S.-built vehicles to Japan, joining Toyota and Honda in reversing traditional trade flows. The move reflects shifting global production strategies in the auto industry.
Japan’s massive holdings of U.S. Treasury bonds have come into focus as investors debate whether foreign selling could pressure global bond markets. Analysts say fears of large-scale liquidation highlight growing fragility in the world’s largest debt market.
Japan has become the first country to begin extracting rare earth elements from the ocean floor, marking a major step to secure critical mineral supplies and reduce reliance on China.
Japanese stocks surged as investors reacted to rising expectations that the ruling coalition may call a snap general election, boosting confidence in policy continuity and fiscal support.
Japan may raise interest rates for the first time in 11 months as inflation and wage growth strengthen, signaling a gradual shift away from ultra-loose policy.
Yen stablecoins target JGBs as BOJ tapers, with issuance goals up to ¥10T over three years.