Japanese yen

Toyota pledges up to .6 billion for EV battery creation, ramps up expenditure in North Carolina plant
World

Toyota pledges up to $5.6 billion for EV battery creation, ramps up expenditure in North Carolina plant

A Toyota dealership in Yokohama, Japan, photographed on Feb. 7, 2021. The agency is trying to make headway in the progressively aggressive electric powered motor vehicle marketplace. Toru Hanai | Bloomberg | Getty Images Automotive huge Toyota mentioned Wednesday it would spend an excess $2.5 billion in a U.S. facility that will manufacture batteries for […]

Read More
Bidders weigh offers valuing Toshiba at up to  billion: Reuters, citing sources
World

Bidders weigh offers valuing Toshiba at up to $22 billion: Reuters, citing sources

The logo of Japanese industrial group Toshiba is seen on top of a building at its headquarters in Tokyo on November 12, 2021. Bidders for Toshiba are considering offering up to 7,000 yen ($51.41) per share to take the troubled Japanese conglomerate private, three people familiar with the situation told Reuters, valuing the deal at […]

Read More
Bank of Japan maintains ultra-low rates, warns it is closely watching yen moves
World

Bank of Japan maintains ultra-low rates, warns it is closely watching yen moves

Pedestrians walk in front of the Bank of Japan head office building in Tokyo on April 27, 2022. The Bank of Japan maintained ultra-low interest rates on Friday and its guidance to keep borrowing costs at “present or lower” levels, signaling its resolve to focus on supporting the economy’s tepid recovery from the Covid-19 pandemic. […]

Read More
Japan’s GDP shrinks as surging costs raise specter of deeper downturn
World

Japan’s GDP shrinks as surging costs raise specter of deeper downturn

A pedestrian crosses a road in Shinjuku district in Tokyo, Japan on Monday, March 7, 2022. Japan’s economy shrank for the first time in two quarters in the January-March period as Covid-19 curbs hit the service sector and surging commodity prices created new pressures, raising concerns about a protracted downturn. Noriko Hayashi | Bloomberg | […]

Read More
As the dollar jumps to two-year highs, the ‘Fast Money’ traders deliver winners and losers
Finance

As the dollar jumps to two-year highs, the ‘Fast Money’ traders deliver winners and losers

Wall Street may be underestimating the dollar’s jump to two year highs. “With each passing day the dollar goes higher. That creates more of a headwind for the multinationals in the market in general,” “Fast Money” trader Guy Adami said on Tuesday. “A stronger dollar, as counterintuitive as it may be, is not good for […]

Read More
Japan’s wholesale inflation stays near record on Ukraine war and a weak yen
World

Japan’s wholesale inflation stays near record on Ukraine war and a weak yen

A customer picks up a snack at a supermarket store in Tokyo, Japan, on Tuesday, July 27, 2021. Japan’s wholesale inflation remained near record-high levels in March as the Ukraine crisis and a weak yen pushed up fuel and raw material costs, data showed on Tuesday Noriko Hayashi | Bloomberg | Getty Images Japan’s wholesale […]

Read More