Currencies

15 December 2025
Bank of Japan Gov. Kazuo Ueda has repeatedly said he will monitor the "initial momentum" in "shunto" wage negotiations before hiking interest rates. (Nikkei montage/Source photo by Nanami Sato)
The Reserve Bank of India took the repo rate to its lowest level in over three years, as expected by the majority of 80 economists polled by Reuters last month.
Markets

India delivers rate cut despite weakening rupee and resilient growth

Central bank resumes easing cycle, benefiting from low inflation

5 December 2025
Piero Cipollone, a member of the European Central Bank's executive board, recently spoke with Nikkei at the ECB's headquarters in Frankfurt. (Photo by Nikkei)
Interview

ECB 'happy' to share digital currency know-how with Japan: top official

Cipollone anticipates broad uptake of digital euro as unified payment solution

5 December 2025
A cashier retrieves a new 100-rupee note from a cash drawer at a bakery shop in Kathmandu on Dec. 3. (Photo by Deepak Adhikari)
International relations

Nepal's new 100-rupee banknote revives border dispute with India

Printed map on currency seen as rare area of Nepali consensus amid political transition

4 December 2025
The rupee weakened to 90 per dollar on Dec. 2 on the interbank order matching system before trimming losses. (Photo by Hayate Koike)
Currencies

Indian rupee weakens past 90 per dollar as outflows, trade limbo weigh

Currency crosses major psychological line in interbank market

3 December 2025
YouTrip has plans to expand further into markets such as Hong Kong, Japan and New Zealand. (Photo by Dylan Loh)
Startups

Singapore's YouTrip expands into Australia ahead of possible IPO

CEO Caecilia Chu cites 'high travel potential' of new market as competition heightens

2 December 2025
The yield on two-year Japanese government bonds has eclipsed 1% for the first time in more than 17 years. (Photo by Akira Kodaka)
Bonds

2-year Japan government bond yields rise above 1% on BOJ hike speculation

Yen strengthens as investors perceive clues in Gov. Ueda's speech; stocks fall

1 December 2025
Japanese stocks were supported by a weaker yen, which traded in the lower 157 range to the dollar.  (Photo by Hazumu Urushiyama)
Equities

Japan stocks jump 4% on strong Nvidia earnings

Yen's fresh weakness supports gains in the benchmark Nikkei average

20 November 2025
The yen has been sliding since the end of September. (Photo by Akira Kodaka)
Currencies

Yen falls to 157 against dollar as expectations for US rate cut recede

Fed minutes show FOMC member opinions divided with scant data

20 November 2025
The yen has fallen to the lowest against the dollar in nearly 10 months as expectations grow that monetary and fiscal policy will remain loose in Japan. (Photo by Mizuho Miyazaki) 
Markets

Yen weakens to 156 per dollar as Takaichi pursues loose fiscal policy

Expectations of early rate hike recede; verbal intervention fails to stop slide

19 November 2025
Even after a franc-selling intervention by the central bank, the Swiss franc has strengthened to become one of the only remaining safe-haven currencies.
Currencies

Fresh off new highs, Swiss franc beats out yen as safe-haven asset

Stock market pullback and economic uncertainty drive risk-off demand

19 November 2025
The yen has fallen faster against other currencies since Sanae Takaichi was elected as Japan's prime minister as she pushes for an expansionary fiscal policy.
Currencies

Takaichi trade fuels weak yen, giving Japan Inc. profit boost

Currency touches 9-month low against dollar, supporting exporters' bottom line

18 November 2025
The yen briefly touched the 180 range against the euro for the first time ever on Nov. 17.
Currencies

Yen falls against euro as European economic concerns ease

Japanese currency briefly touches 180 against euro on reports of massive stimulus spending

18 November 2025
The yen has been sliding since the end of September. (Photo by Akira Kodaka)
Currencies

Yen hits 9-month low against dollar as vote to end US shutdown nears

Greenback rises on hopes for relief for American economy

12 November 2025
A corruption scandal, interest rate cuts by the central bank, and the U.S. economy's strength are combining to push the Philippine peso to historic lows against the dollar. (Nikkei montage/Source photos by Reuters and Getty Images)
Trading Asia

Philippines' corruption crisis sends peso to all-time low

Aggressive monetary easing also weighs on currency

10 November 2025
In October, the Japanese yen fell by more than 7 yen, or 4%, against the dollar. (Photo by Akira Kodaka)
Currencies

Yen surge scenario fades as banks revise outlook downward

Expectation for an early BOJ rate hike recedes as concern over Takaichi's fiscal policy rises

10 November 2025
The Bank of Japan has delayed raising rates since its last hike in January, as the U.S. sharply raised tariffs and the Japanese public's frustration over higher prices grew. (Photo by Akira Kodaka)
Currencies

Yen weakens to level not seen since February on BOJ's wage talk emphasis

Investor expectations for a December rate increase pushed back

30 October 2025
Finance Minister Satsuki Katayama, center left, sits across from U.S. Treasury Secretary Scott Bessent during their meeting in Tokyo on Oct. 27. (Pool photo)
International relations

Japan finance chief, Bessent discuss Russia energy sanctions in 1st talks

Katayama and US treasury secretary also cover Tokyo's $550bn pledge to Washington

28 October 2025
SMBC will be the first of Japan's three megabanks to end foreign exchange fees for deposits of U.S. dollars and some other currencies.
Finance

Japan's SMBC to end foreign-exchange fees for US dollar, euro deposits

Decision comes as retail customer portfolios expand to include other currencies

28 October 2025
JPYC CEO Noritaka Okabe speaks in Tokyo on Oct. 27. (Photo by Takanobu Aimatsu)
Cryptocurrencies

Yen-backed stablecoin marks 'turning point' in Japan, fintech CEO says

JPYC stablecoin reaches $98,000 in issuances during first three hours

28 October 2025
Hopes are high for newly inaugurated Japanese Prime Minister Sanae Takaichi to deliver an expansionary fiscal package to support growth. (Photo by Nanami Sato)
Equities

Nikkei average hits 50,000 for 1st time on US-China deal, likely Fed cut

Yen trades around 153 per dollar, depreciating to all-time low against euro

27 October 2025
Takaichi vs. Ueda: While concerns over "the Trump tariffs" have somewhat eased, domestic politics are now creating complexities. (Nikkei montage/Source photos by Ken Suzuki, Seiko Ota and Akira Kodaka)
Trading Asia

BOJ early rate hike bets recede amid potential Trump, Takaichi impacts

Volatile yen and fragile US economy weigh on Japanese central bank decision

27 October 2025
While there may no longer be one single alternative to the greenback, a combination that also includes gold and crypto is good enough for many investors.
Opinion

Trump wants a weaker dollar, but America benefits from its strength

A weaker dollar, conversely, would allow emerging economies to adopt more stimulative fiscal policies

24 October 2025
Prices in Indonesia rose by 2.65% in September, up from 2.31% in August but within the central bank's target range of 1.5% to 3.5%.
Markets

Bank Indonesia keeps its policy rate unchanged for first time in 4 months

Decision comes amid growing concerns over the central bank's independence

22 October 2025
Investor anxiety has started to ease as the odds seem to favor LDP chief Sanae Takaichi becoming the country's new leader. (Photo by Shintaro Ino)
Equities

Japan stocks soar 3% to record high as 'Takaichi trade' reboots

LDP leader closer to becoming prime minister; US credit fears ease

20 October 2025
Wealthy investors in Asia, sitting on piles of cash built up since the pandemic, are looking to hedge their bets, shifting their assets out of U.S. equities and into the Chinese stock market and gold. (Nikkei illustration)
Trading Asia

Wealthy Asians raise exposure to China, fixed-income, gold as trade war rages

Region is home to the world's second-largest group of ultrawealthy investors

20 October 2025
The yen on Oct. 17 was reversing its weakness from the previous week, when expectations that Sanae Takaichi, the new leader of Japan's ruling party, would push for looser monetary policy. (Photo by Akira Kodaka)
Currencies

Yen strengthens past 149.50 per dollar amid US credit woes

US Treasury's Bessent says yen will settle at fair level if BOJ takes right steps

17 October 2025
Some dealers have stopped selling 50-gram bars because their production cannot keep up with demand. (Photo by Miki Kamiyama)
Commodities

Gold bars for Japan retail investors sell out as prices soar

Weak yen pushes people to safe haven asset, expecting even further increases

16 October 2025
Bank of Japan Governor Kazuo Ueda, left, could move to raise interest rates over the misgivings of Sanae Takaichi, the new leader of the Liberal Democratic Party. (Source photographs obtained by Nikkei)
Comment

BOJ winter rate hike still a possibility despite political turmoil

Inflation fueled by currency depreciation remains risk to Japan's economy

15 October 2025
The Japanese currency surged against U.S. dollar following President Donald Trump's comment threatening to increase tariffs on Chinese goods. (Photo by Akira Kodaka)
Currencies

Yen spikes after Trump threatens higher China tariffs

US stock indexes fall sharply as president says 'no reason to meet with Xi'

11 October 2025