Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 1022 results for "Yen"

Pension fund suffers $235bn loss

JAMIE WILLIAMSON  |  MONDAY, 6 JUL 2020
... return of more than 10% to March end, it has reported. Japan's Government Pension Investment Fund lost 17.71 trillion yen, or $237 billion, in the three months to March 31, investment results released on Friday show. It's the biggest quarterly ...

Chief economist update: The post-pandemic problem

BENJAMIN ONG  |  THURSDAY, 2 JUL 2020
"This is a once-in-a-100 year type event, we haven't seen this sort of thing in Australia since the end of the first World War..." This was how Australian Prime Minister Scott Morrison described the coronavirus outbreak shortly after the World Health ...

Chief economist update: Japan reopens for business

BENJAMIN ONG  |  TUESDAY, 26 MAY 2020
... restrictions in other nations - and some semblance of financial market stability -- have reduced safe-haven buying in the yen. The Japanese currency has depreciated by 5.2% versus the US dollar to ¥107.65 from this year's high of ¥102.01 (the US ...

Boom time for exchanges

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
... the change in average daily volumes. It increased its operating revenue for the year ending March 31 from 117,000 million Yen to 123,000 Yen. Operating income guidance was increased from 60,000 million Yen to 67,500 million Yen. JPX's guidance for ...

Chief economist update: Credit ratings downgrades versus fiscal salvation

BENJAMIN ONG  |  THURSDAY, 9 APR 2020
... the government has been pushed into spending and borrowing some more - it announced a stimulus package worth ¥108 trillion yen or 20% of GDP. Japan's credit rating will certainly take a hit but its increased fiscal measures could save the econom ...

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
... with its policy rate at negative 0.1% and targets the 10-year JGBs at zero, it may have very little option but to start the yen printing press.

TCorp launches new bond

ALLY SELBY  |  THURSDAY, 27 FEB 2020
... Trigona said the new Euro bond would diversify TCorp's investor base. "Previously we've issued in Sterling, Swiss and Yen, and we are delighted to have added Euro to the mix," she said. "This transaction represented a great opportunity to issue ...

TCorp issues first Euro bond

HARRISON WORLEY  |  TUESDAY, 18 FEB 2020
... Trigona noted the interest within Europe for the debt TCorp was offering. "Previously we've issued in Sterling, Swiss and Yen, and we are delighted to have added Euro to the mix," Trigona said. "This transaction represented a great opportunity to issue ...

Chief economist update: Japan fails to learn from history (yet again)

BENJAMIN ONG  |  TUESDAY, 18 FEB 2020
... battered the country in October last year - and/or the lingering anxiety over the US-China trade tensions (and the accompanying yen appreciation) over the fourth quarter. These are beyond their control. However, the bulk of the blame goes to the government ...

Chief economist update: Coronavirus threatens Tokyo Olympics

BENJAMIN ONG  |  FRIDAY, 7 FEB 2020
... of 2018. JTA estimates tourism's impact on the domestic economy as follows: Ripple effect on production: 46.7 trillion yen (4.9% of gross domestic output) Value-added inducing effect: 23.7 trillion yen (4.9? of Nominal GDP) Employment inducing effect ...