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July 12, 2026
 

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CURRENCIES

An electronic board displays the exchange rate of the yen against the U.S. dollar and other currencies on a street in Tokyo on June 22.
COMMENTARY / Japan
Jul 6, 2026
Fighting yen psychology is a losing battle
Turning the currency around, never easy at the best times, has just become harder given the renewed embrace of the greenback.
Finance Minister Satsuki Katayama has issued verbal warnings recently using the same language and the same tone, saying authorities “will take appropriate action at any time, as necessary.”
BUSINESS / Markets
Jul 6, 2026
Japan might be giving the currency market the silent treatment
Officials are saying less than they did before to defend the yen, and when they do speak, they opt for vague and relatively weak statements.
Electronic boards display the foreign exchange rate of the yen against the U.S. dollar at a brokerage in Tokyo on Tuesday.
EDITORIALS
Jul 3, 2026
Little hope for a declining yen amid structural pressures
Ultimately, the value of the yen reflects faith in the Japanese economy’s long-term prospects.
Foreign exchange dealers work inside the Woori Bank trading room in Seoul.
BUSINESS / Markets
Jul 3, 2026
South Korea opens 24-hour won trading at a fraught moment
The launch onto the global stage is taking place just as the won is revisiting low levels last seen in 2009, which leaves the currency and economy more open to speculators.
Japan's currency broke ¥162 to the dollar on Tuesday in Tokyo.
BUSINESS / Markets
Jun 30, 2026
Yen hits 40-year low against the dollar, breaking ¥162 level
The market remains skeptical about the effectiveness of government efforts to prop up the yen, and pressure on the currency has been steady.
The yen has been trading well within intervention territory for about a week.
BUSINESS / Markets
Jun 26, 2026
Yen’s decline makes perfect sense to some analysts
They have started to wonder whether there is really much at all holding the currency up.
New U.S. Federal Reserve Chairman Kevin Warsh holds a news conference after a Federal Open Market Committee meeting in Washington on June 17.
COMMENTARY / World
Jun 25, 2026
Warsh Fed era heralds a new trial for Asian currencies
The Warsh era has arrived. In his first news conference, the chair described it as a new chapter for the Fed. Asia needs to read in quickly.
Finance Minister Satsuki Katayama attends a budget committee session in April.
BUSINESS / Markets
Jun 23, 2026
Katayama-Bessent call pulls yen back as it approaches four-decade low
The currency strengthened so fast that some traders suspected that intervention was underway.
The European Union will move one step closer on Tuesday to creating a digital euro when EU lawmakers hold a long-awaited vote on the virtual currency.
BUSINESS / Markets
Jun 23, 2026
EU looks to digital euro to cut reliance on U.S. payment technology
European officials often point to Washington’s 2025 sanctions against International Criminal Court judges to illustrate the grip of U.S. firms.
The yen is near 39-year lows again and has been trading above ¥160 to the dollar for about a week.
BUSINESS / Economy
Jun 22, 2026
Yen continues to test fresh lows as Nikkei 225 hits new highs
Verbal intervention in the currency market has been more tempered than in the past.
The yen traded above the ¥161-to-the-dollar mark all day Friday in Tokyo.
BUSINESS / Markets
Jun 19, 2026
Yen nears four-decade low, and Katayama issues warning
The finance minister’s comments were not as strong as those made in April before intervention.
The Nikkei 225 stock average broke 71,000 for the first time on Thursday while the yen remained weak.
BUSINESS / Markets
Jun 18, 2026
Yen hits 23-month low and Nikkei 225 breaks 71,000 for first time
Japan’s currency is now well within the range considered by many investors to be the red line for intervention.
Japan is home to 27 registered crypto exchange providers, including BitFlyer.
BUSINESS
Jun 11, 2026
Japan moves to regulate crypto like stocks in market growth push
The bill would classify crypto assets as financial instruments, making them subject to lower taxes and stricter trading rules and opening the door to new products like ETFs.
India’s central bank has often been seen intervening just before onshore open to ease pressure on the rupee.
BUSINESS
Jun 11, 2026
Asia’s currency fight moves offshore as central banks push back
Policymakers have ramped up efforts to curb offshore forex speculation as high oil prices, foreign fund exodus and a strong dollar pressure regional currencies.
The yen is back above ¥160 to the dollar, considered by some investors to be a red line for Japanese authorities.
BUSINESS / Markets
Jun 8, 2026
Yen lingers above ¥160 to the dollar ahead of BOJ meeting
Japan’s currency lost all the gains from the last intervention in about a month.
Vice Finance Minister for International Affairs Atsushi Mimura speaks to reporters in Tokyo on May 1 following reports of Japan's possible intervention in the currency market.
BUSINESS / Markets
Jun 5, 2026
Japan likely sold Treasurys to fund yen intervention
Treasury sales may not go down well in Washington where officials have become increasingly focused on the stability of the U.S. government bond market.
The won fell on Wednesday and was a whisker away from 1,536.95 per dollar, the lowest level since 2009.
ASIA PACIFIC
Jun 4, 2026
South Korea pledges action to curb volatility as won nears 2009 low
South Korea joins authorities in Indonesia and the Philippines in stepping up measures to defend currencies as elevated oil prices hurt the region’s importers.
The yen has remained weak since the last government intervention a month ago.
BUSINESS / Markets
Jun 3, 2026
Yen back at ¥160 to the dollar about a month after massive intervention
The currency is now near the level that some traders believe is the red line for the government and will lead to another major effort to prop up the currency.
Passersby walk past a screen displaying the Nikkei share average and current yen exchange rate against the U.S. dollar outside a brokerage in Tokyo on Monday.
BUSINESS / Markets
May 30, 2026
Japan used record $73.6 billion to support yen over past month
Finance Ministry data for the month from April 28 to Wednesday showed a total intervention of ¥11.73 trillion ($73.6 billion) over a period marked by several spikes in the yen.
As U.S.-backed stablecoins move closer to widespread global adoption, China is preparing to counter growing dollar dominance by expanding the digital yuan and cross-border payment systems in emerging markets.
COMMENTARY / World
May 28, 2026
China will fight back if digital dollars corner global savings
Anything that entrenches the U.S. currency’s hegemony in countries like Pakistan, Sri Lanka, Turkey, Egypt or Sudan goes against China’s strategic interest.
China’s demand for Soviet-style apartments shows limits to revival
Apartments built during a Soviet Union-inspired construction drive in the 1970s and 1980s tend to suffer from poor insulation and outdated plumbing, but they are seeing a revival in interest due to their attractive locations.
Japanese scientists identify neural mechanism that may explain why we dislike people
The aggressive mouse (left) used in the experiment and a mouse defending itself
Japanese payment processor’s collapse hits banks and restaurants
Zentoshin served around 200,000 shops, many of which rely on early payments to maintain cash flow, raising concerns over their financial stability following the disruption.
Over 70% of accommodations in Japan say they are understaffed amid tourism influx
The number of foreign visitors to Japan reached a high of 42.68 million in 2025.
Lenders seek $700 million after Japanese payments firm’s collapse
The financial failure of Osaka-based Zentoshin has left 63 creditors with claims totaling ¥115.16 billion, according to Tokyo Shoko Research.
Japan’s largest exhibition of women photographers rights a wrong in cultural history
Miwa Yanagi’s “Elevator Girl House” series skewers the superficiality of gender roles through staged images.
Over 70% of accommodations in Japan say they are understaffed amid tourism influx
The number of foreign visitors to Japan reached a high of 42.68 million in 2025.
‘Princess Mononoke’ comes alive in Super Kabuki staging
The “Princess Mononoke” adaptation was created under Shochiku’s Super Kabuki initiative, a modern form of kabuki with more technology in staging and open to pop culture collaborations.
The beating heart inside ‘Human Vapor’
Different forms of love and connection form the emotional backbone of Netflix’s “Human Vapor,” says actor Shun Oguri, who plays troubled detective Kenji Okamoto.
Japan bets on character IP to drive global growth
Born on social media platforms in 2022, Opanchu Usagi has become a major hit, especially among Generation Z.

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