Business
Investors seek refuge in dollar, yen as tariff fallout grips markets
Investors poured into safe havens such as the dollar, yen and Swiss franc on Monday (Apr 7) as the market rout from US President Donald…
Tag
Yen
Business
Investors seek refuge in US dollar, yen as tariff fallout grips markets
INVESTORS poured into safe havens such as the greenback, yen and Swiss franc on Monday (Apr 7), as the market rout from US President…
Business
Mitsubishi plans to invest four trillion yen over next three years to drive growth
The company’s largest shareholder is legendary US investor Warren Buffett’s Berkshire Hathaway, which has a 9.67 per cent stake, according…
Business
Buffett’s Berkshire Hathaway mandates banks for yen bond deal
WARREN Buffett’s Berkshire Hathaway is planning to sell yen bonds in the global markets, after the billionaire revealed that the firm is…
Politics
Yen gains, gold hits peak as tariff uncertainties lift safe-haven bids
The safe-haven Japanese yen gained on Monday (Mar 31) while gold pushed to a fresh peak as uncertainty around tariffs clouded the outlook…
Business
Digital Core Reit acquires 20% stake in Osaka data centre for 13.2 billion yen
The purchase is expected to be about 1.8% accretive to the Reit’s distribution per unit Digital Core Real Estate Investment Trust (Reit)…
Business
Far East Hospitality Trust to acquire Sheraton hotel in Japan for 6 billion yen
FAR East Hospitality Trust (FEHT) will make its first Japanese hotel acquisition after expanding its investment mandate to global markets…
Business
Bain is said to near 500 billion yen deal for Mitsubishi pharma unit
BAIN Capital is nearing a deal to buy Mitsubishi Chemical Group’s pharmaceutical unit, sources familiar with the matter said, adding to a…
Business
Toyota raises full-year profit outlook by 9% to 4.7 trillion yen, to establish EV, battery unit in China
TOYOTA Motor raised its full-year operating profit forecast by 9 per cent on Wednesday, in a sign of confidence in its ability to ride out…
Business
KKR, Gaw look to sell Tokyo Hyatt Regency for over 100 billion yen
KKR and Gaw Capital Partners are in talks to sell the Hyatt Regency hotel in Tokyo to Japan Hotel Reit Investment for more than 100…
Business
CapitaLand Ascott Trust acquires two freehold hotels in Japan for 21 billion yen
CAPITALAND Ascott Trust (Clas) has acquired two freehold limited-service hotels in Japan – ibis Styles Tokyo Ginza and Chisun Budget…
Business
CapitaLand Ascott Trust acquires two freehold hotels in Japan for 21b yen
CAPITALAND Ascott Trust (Clas) has acquired two freehold limited-service hotels in Japan – ibis Styles Tokyo Ginza and Chisun Budget…
Politics
Dollar holds gains against yen, steadies ahead of Trump inauguration
THE dollar held gains against the yen on Friday (Jan 17), but ended the week lower after a six-week winning streak, as investors await…
Business
Apollo weighs 1.5 trillion yen stake in Seven & i management buyout
APOLLO Global Management is considering taking a substantial stake in a bid by Seven & i’s founding Ito family to take the Japanese…
Business
Hyundai launches 2.85 million yen EV in Japan to penetrate EV-wary market
SOUTH Korea’s Hyundai Motor said on Friday (Jan 10) it will introduce the cheapest compact electric car in Japan, to penetrate a market…
Politics
Firm dollar keeps pound, euro and yen under pressure
The US dollar charged ahead on Thursday (Jan 9), underpinned by rising Treasury yields, putting the yen, sterling and euro under pressure…
Business
Yen gains as some BOJ policymakers see rate hike soon
THE Japanese yen rose off a five-month low against the dollar on Friday (Dec 27) after a summary of opinions from the Bank of Japan’s…
Business
Asia: Japanese shares gain on weaker yen after Christmas break
JAPANESE stocks rose on Friday (Dec 27) on a weaker yen after a muted day on Wall Street following the Christmas holiday. Japan’s key…
Business
Nidec announces 257 billion yen unsolicited bid for Makino Milling
JAPANESE manufacturing giant Nidec said on Friday (Dec 27) that it planned to launch a tender offer for Makino Milling Machine at a 42 per…
Business
Japan Nov inflation likely accelerated, exports up on weak yen: Reuters poll
TOKYO (Reuters) - Japan's core consumer price inflation probably accelerated in November, driven by persistently high rice prices and the…
Business
Blackstone to buy Tokyo complex from Seibu for 400 billion yen
BLACKSTONE Inc is buying a mixed-use complex in Tokyo from Seibu Holdings in the largest real-estate acquisition by a foreign fund in…
Politics
Japan cuts growth forecast, prime minister warns of weak-yen pain
By Leika Kihara TOKYO (Reuters) -Japan's government cut this year's growth forecast on Friday as consumption took a hit from rising import…