foreign-currency
TradingDollar Eases Ahead of Fed Interest Rate Decision
Top StoriesUkraine Defies Russian Ultimatum for Eastern City, NATO Urged to Send More Weapons
TradingPound Slammed by Prospect of New Scottish Independence Vote
Top StoriesNearly Half of Japan Firms See Weak Yen as Bad for Business – Survey
China Meeting a Step in Effort to Develop Lines of Communication – Pentagon Chief
Date: June 13, 2022
By Idrees Ali BANGKOK (Reuters) -U.S. Defense Secretary Lloyd Austin said on Monday that his meeting with China’s defense minister was an important step in efforts to develop lines of communication between the two militaries. Austin and Chinese Defence Minister General Wei Fenghe met on the sidelines of the Shangri-La Dialogue security summit in Singapore...
Explainer-What Are the Consequences of the Yen’s Fall to a 24-year Low?
Date: June 13, 2022
By Saikat Chatterjee LONDON (Reuters) – The Japanese yen fell past the psychological 135 line to levels against the U.S. dollar last seen in October 1998. The scale of the move has repercussions for the domestic economy as yen-based import prices are surging at a record annual pace, heaping pressure on household balance sheets. The...
What Next? Ukraine’s Allies Divided Over Russia Endgame
Date: June 13, 2022
By John Irish, Andreas Rinke and Humeyra Pamuk PARIS/BERLIN/WASHINGTON (Reuters) – Is it better to engage with Russian President Vladimir Putin over his invasion of Ukraine or to isolate him? Should Kyiv make concessions to end the war, or would that embolden the Kremlin? Are ramped up sanctions on Russia worth the collateral damage? These...
At Asia Security Summit, Japan Vows to Boost Regional Security Role
Date: June 10, 2022
By Chen Lin and Idrees Ali SINGAPORE (Reuters) – Japan’s Prime Minister Fumio Kishida pledged on Friday to boost its regional security presence to counter multiple threats, from China’s expansion in the South China Sea to North Korea’s nuclear missile programme. Earlier, on the first day of the Shangri-La Dialogue in Singapore, U.S. Defense Secretary...
Kishida Unveils Shift in Diplomacy to Meet External Challenges Faced by Japan
Date: June 10, 2022
TOKYO (Reuters) – Japan’s Prime Minister Fumio Kishida unveiled what he called a shift to “realistic” diplomacy on Friday to help his country tackle the dangers it faces in a world shaken by Russia’s invasion of Ukraine. “The Kishida Vision for Peace will strengthen Japan’s diplomacy and security,” he said during a keynote speech at...
Japanese Yen Jumps After Authorities Sound Intervention Warning
Date: June 10, 2022
LONDON (Reuters) – The Japanese yen jumped on Friday after the government and the central bank in a rare joint statement expressed concern about its recent slide to hit two-decade lows, while the dollar edged higher ahead of key U.S. inflation data. After a meeting with his Bank of Japan (BOJ) counterpart, the country’s top...