japanese yen

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Steep drop in Chinese tourists could cost Japan US$9.59 billion a year: economist

The Japanese economy could lose about 1.49 trillion yen (US$9.59 billion) over the next year if travellers from mainland China…

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Japan yen slips past 155 to US dollar as fiscal doubts, China spat sap investor confidence

The Japanese yen slid to a nine-month low against the US dollar, breaching a closely watched threshold of 155 amid…

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491,000 Japan-bound air tickets cancelled as China warns people to avoid travel amid spat

Chinese airlines have recorded about 491,000 cancellations of tickets to Japan since Saturday – roughly 32 per cent of their…

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‘Mixed bag’: how Japan’s PM-in-waiting may fuel growth, defence – and debt

With Sanae Takaichi poised to become Japan’s first female prime minister, economists warn her policies may have “mixed” results: expansionary…

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Chinese yuan’s forex market share grows to 8.5% as global position firms: BIS survey

The Chinese yuan’s share in global foreign exchange (forex) trading climbed to 8.5 per cent this year while maintaining its…

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Global dividends hit record US$1.14 trillion in first half as Japan leads growth

Global dividend payouts hit a record high in the first half of the year, driven by a weak US dollar…

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China’s yuan reshaping global order – but US-backed stablecoins seen as a threat

The yuan’s internationalisation remains on an upwards, if uneven, trajectory and is gradually reshaping the global monetary order, according to…

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Why China’s yuan can be safe-haven currency – former bank official flags its ‘advantages’

The yuan has the potential to become a safe-haven currency, a former central bank official said while calling for capital-control…

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New Business

Global use of China’s yuan up sharply, beating pound and yen on internationalisation index

Overseas use of the Chinese yuan grew significantly last year due to its pivotal role in global supply chains and…

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