By Aiko Hayashi TOKYO (Reuters) - The Nikkei average fell 1.3 percent on Wednesday to hit its longest losing streak in more than 40 years, as worries about the global economy hit exporters such as Canon Inc . Shipping firms extended losses after...
During the 1990's the Japanese yen proved astonishingly strong despite the persisting recession. This paper tracks the origins of the high yen. It analyses the influence of interest rates, prices and foreign exchange policy on the yen-dollar exchange rate. It comes to the conclusion that real interest differentials can only...
This paper investigates the pricing of Japanese yen interest rate swaps during the period 1990-96. The paper obtain measures of the spreads of the swap rates over comparable Japanese Government Bonds JGBs for different maturities and analyze the relationship between the swap spreads and credit risk variables. Our empirical results...
NEW YORK AFP — The dollar fell against the other main currencies Wednesday amid new geopolitical tension after Iran tested a missile it claimed was capable of hitting Israel. The euro climbed to 1.5754 dollars at 2100 GMT from 1.5664 dollars late on Tuesday. Against the...
LONDON AFP — The dollar eased against the euro but firmed against the yen Wednesday as dealers digested news that Iran had test-fired a long-range missile and world leaders wrapped up a key summit in Japan. The European single currency rose to 1.5670 dollars in early London trade...
Tokyo, July 9, 2008 - JCN Newswire - NTT DOCOMO, INC. announced today that it has established DOCOMO China Co., Ltd. as a wholly owned subsidiary in Shanghai, China. DOCOMO China will focus mainly on providing mobile solutions for corporate customers, especially locally based Japanese companies. ...
LONDON AFP — The dollar firmed against the euro but fell against the yen on Tuesday amid growing jitters that the US financial sector may face a fresh drubbing from the ongoing credit crunch, dealers said. Global stock markets suffered sharp falls Tuesday on fresh fears for the...
TOKYO AFP — The number of corporate bankruptcies in Japan rose 11.6 percent in the first half of 2008 with the number of cases related to higher material prices hitting a record high, researchers said on Tuesday. Bankruptcies for the first six months totalled 6,022, while combined liabilities...
RUSUTSU, Japan -- Is any meeting worth spending more than half a billion dollars to host -- especially when your economy is in the tank? That's the question some Japanese are asking about this week's G-8 gathering, as exceptionally tight security pushes the bill sky-high, even by the...
NEW YORK AFP — The dollar gained against other world currencies Tuesday in a move traders attributed to remarks by US Federal Reserve chairman Ben Bernanke who indicated more could be done to help US banks weather a lingering credit crunch. Dealers said Bernanke's comments helped support the...
KYOTO, Japan -- Kyocera Corporation (NYSE:KYO)(TOKYO:6971)(ISIN:JP3249600002)(President: Makoto Kawamura) has decided to donate solar power generating systems to primary schools in the United Republic of Tanzania. Commemorating the contribution officially, Kazuo Inamori, the Kyocera Chairman Emeritus, today presented a donation certificate to His Excellency Mr. Jakaya Mrisho Kikwete, the President of...
PETALUMA, Calif. -- Teknovus, the leading provider of Gigabit Ethernet Passive Optical Network (G-EPON) chips for the deployment of triple-play services in broadband access networks, announced that Furukawa Electric's Furukawa G-EPON SFP (Small Form-factor Pluggable) ONU, based on Teknovus' G-EPON ONU chip, was displayed through NTT Communications Corporation NTT Com...
WORLD MARKETS The Nikkei average rose0.9 per cent on a softer yen and gains in other Asian markets, breaking its longest losing streak in more than half a century. Trend Micro Inc jumped 3.2 per cent on a brokerage upgrade. The benchmark Nikkei ended up 122.15 points...
Tokyo, July 7, 2008 - JCN Newswire - NTT DOCOMO, INC. announced today that on August 1 it will launch the BlackBerryR Internet Service for direct connection to the Internet without the need for a dedicated server, responding to requests from individuals, as well as small to midsize businesses, who...
NEW YORK AFP — The dollar traded mixed Monday as markets eyed the possibility of a G8 statement to support the US currency, while weak economic data from Germany and Britain temporarily depressed the euro. The greenback was briefly bolstered by US President George W. Bush who spoke...
LONDON AFP — The dollar was stable against the euro here Friday, with the single currency hurt by a weak reading on German industrial orders. The European currency in late day trade was at 1.57 dollars against 1.5694 late Thursday. The dollar was likewise unchanged against...
LONDON AFP — The euro weakened against the dollar Thursday, despite a hike in eurozone interest rates, as dealers focused on comments from the head of the European Central Bank suggesting further rate rises were not imminent. The single European currency in late-day trade was at 1.5707 dollars,...
LONDON AFP — The euro steadied against the dollar and rose against other major currencies on Thursday shortly before the European Central Bank was to announce a decision on eurozone interest rates. The ECB was widely expected to raise its key interest rate by a quarter of a...
URAYASU, Japan AFP — Tokyo Disney Resort on Wednesday offered girls the chance to become the princess of their choice as it unveiled a new 415-million-dollar hotel. Tokyo Disneyland Hotel, to open on July 8, houses the "Bibbidi Bobbidi Boutique" which can turn girls aged three to nine...
LONDON AFP — The dollar fell against the euro on Wednesday, which was the eve of publication of key US job data and an expected move by the European Central Bank to raise interest rates, dealers said. The European single currency climbed to 1.5800 dollars in morning London...
