San Diego Padres pitcher Yu Darvish is scheduled to start Game 5 of the National League Championship Series, manager Bob Melvin said Friday. Darvish will pitch in Sunday’s Game 5 in Philadelphia on four days’ rest after he threw seven innings of two-ru…
Japan, Australia PMs meet in Perth, eye boosting security cooperation
Japanese Prime Minister Fumio Kishida and his Australian counterpart Anthony Albanese held a summit meeting in Perth on Saturday with a view to boosting security cooperation between the two Asia-Pacific countries amid China’s growing assertiveness in t…
URGENT: Japan official declines to comment if Tokyo did market intervention
Japan’s top currency diplomat declined Saturday to comment on whether Tokyo has conducted another market intervention after the country’s currency suddenly surged by 5 yen against the U.S. dollar “I cannot comment on it,” Masato Kanda, vice minister of…
URGENT: Yen surges to 147 range vs. U.S. dollar from 151 in N.Y. morning
The Japanese yen surged to the 147 range against the U.S. dollar on Friday after hovering in the upper 151 zone in the morning in New York. The yen was traded at 151.75-85 to the dollar at 8:30 a.m. but suddenly advanced to the 147 zone later, with the…
FOCUS: Analysts see more room for yen’s fall as BOJ stands pat on policy
With the Bank of Japan standing firm on its ultraeasy policy to support the pandemic-hit economy, the yen has further room to decline beyond the 150 zone against the U.S. dollar, a level unseen in 32 years. The yen’s breach of that historic level in To…
Head of Japan’s 3rd largest ad agency resigns over Olympic bribery arrest
The president of ADK Holdings Inc., Japan’s third-largest ad agency, has resigned, the company said Thursday, a day after he was arrested by prosecutors for allegedly bribing a former Tokyo Olympic executive. Tokyo prosecutors arrested Shinichi Ueno, 6…
URGENT: Japan ups warnings as yen slips past 150, threatens “decisive” steps
Japan on Thursday ramped up its verbal warnings that it will take “decisive” steps against volatile movements in the foreign exchange market, shortly after the yen slid beyond the psychologically important line of 150 to the U.S. dollar. Finance Minist…
Yen hits 32-year low near 150 line vs. dollar on U.S. rate hike view
The yen hit a 32-year low near the 150 line versus the dollar Thursday in Tokyo on buying of the U.S. currency, following a sharp rise in long-term Treasury yields and the prospect of aggressive interest hikes by the Federal Reserve. Tokyo stocks ended…
Soccer: Endo scores, bosses midfield in Stuttgart’s German Cup win
Stuttgart captain Wataru Endo scored a goal and commanded the midfield to lead his side into the third round of the German Cup with a 6-0 thrashing of Arminia Bielefeld on Wednesday. The overwhelming result provided further momentum to Stuttgart, who b…
Main events scheduled for Friday, Oct. 21
Main events scheduled in Japan for Friday, Oct. 21: — Prime Minister Fumio Kishida to start 3-day trip to Australia. — Nationwide consumer price index for September to be released by Ministry of Internal Affairs and Communications at 8:30 a.m.