Tag: Japan
Biden blocks Nippon Steel’s U.S. Steel takeover for national security reasons
President Joe Biden has officially put a halt to Japan's Nippon Steel's proposed $14.9 billion acquisition of U.S. Steel, citing national security concerns as the primary reason for blocking the takeover. This decision marks...
Potential Merger Talks Between Honda and Nissan in Japan
Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, have made headlines with their potential merger talks in Japan. The two Japanese automakers are reportedly considering joining...
Japan’s Liberal Democratic Party Faces Loss of Majority in Snap Election, Exit Polls Indicate
Japan's Liberal Democratic Party, led by Prime Minister Shigeru Ishiba, is facing a tough challenge in maintaining its parliamentary majority according to exit polls and analysis by local news outlets. As voting came to...
Yen Verbal Intervention: Hayashi Refuses to Comment on FX | Forexlive
Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It involves leverage, which can increase the risk of losses. Before you start trading forex, it's important to carefully...
Japan’s Economic Growth Forecast to be Reduced in Upcoming Report
The Japanese government typically releases economic growth forecasts twice a year, in January and July. The upcoming report, set to be released next week, is expected to show a reduction in the growth forecast...
Managing Japan’s FX Movements: Hayashi Promises Appropriate Actions
Japan's Chief Cabinet Secretary Hayashi recently stated that appropriate actions will be taken to address excessive foreign exchange movements, aligning with Finance Minister Shunich Suzuki's previous remarks. Hayashi refrained from commenting on specific forex...
Achieving Stable FX Levels in Japan: Benefits and Strategies
Japan's Chief Cabinet Secretary, Yoshimasa Hayashi, recently emphasized the importance of achieving stable foreign exchange (FX) levels in the country. According to Hayashi, having stable FX levels is desirable as it helps to maintain...