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>> JAPANESE YEN Latest News

MAY 09, 2016 - Zero Hedge

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The Bank Of Japan Begins Selling ¥1.3 Trillion In Stocks Acquired Over The Years

It often comes as a surprise to those unfamiliar with the Bank of Japan's M.O., that unlike other developed central banks (except the SNB, of course, while even the PBOC recently admitted it now buys stocks directly to prop up the Chinese stock market via the Buttonwood SPV), the BoJ has no qualms about admitting it actively purchases equities, either ...

Tags: The Bank Of Japan Begins Selling ¥1.3 Trillion In Stocks Acquired Over The Years,  Japanese Yen Latest News

MAY 09, 2016 - Business Insider

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The Brazilian real is getting demolished— here's what's happening in FX

Good morning! The Brazilian real is getting demolished. The currency dropped as low as 4.8% at 3.6708 as of 11:14 a.m. ET. A few minutes later, it recovered some of its losses. It is currently down by 3.8% 3.6381. This follows news that the Head of Brazil's lower house calls for new vote on impeachment, according to a Bloomberg report. As for the rest ...

Tags: The Brazilian real is getting demolished— here's what's happening in FX,  Japanese Yen Latest News

MAY 09, 2016 - Boston Herald

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Takata expects to sink into loss, instead of posting profit

TOKYO — Japanese auto parts maker Takata Corp. is expecting a loss instead of a profit for the fiscal year that ended in March because of ballooning costs from a massive global air-bag recall.Tokyo-based Takata, which is set to give its earnings report Wednesday, said Monday it is projecting an annual net loss of 13 billion yen ($120 million). The ...

Tags: Takata expects to sink into loss, instead of posting profit,  Japanese Yen Latest News

MAY 09, 2016 - Business Insider

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10 things you need to know today (spy, spx, qqq, dia, brk.a, twtr)

Here is what you need to know. Saudi Arabia has a new oil boss. Ali al-Naimi is out as the Saudi oil minister after 20 years. The veteran oil minister will be replaced by the chairman of Saudi Arabia's state-owned Aramco, Khaled al-Falih, who has been named head of the newly created Energy, Industry, and Natural Resources Ministry. The shakeup ...

Tags: 10 things you need to know today (spy, spx, qqq, dia, brk.a, twtr),  Japanese Yen Latest News

MAY 09, 2016 - Business Insider

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The Japanese yen is slipping — here's what's happening in FX

Good morning! The Japanese yen is weaker by 1.1% at 108.31 per dollar. On Monday, Japanese Finance Minister Taro Aso once against lobbed an attack on the stronger yen. "Sudden yen strength or weakness has various impacts on trade, economic and fiscal policies and Japan’s stance is that this isn’t desirable. ... It’s natural that Japan has means to intervene," he ...

Tags: The Japanese yen is slipping — here's what's happening in FX,  Japanese Yen Latest News