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Why Japan is 2024's hottest destination: Affordable luxury and untouched nature

Why Japan is 2024's hottest destination: Affordable luxury and untouched nature

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Two luxury companies are selling big to Japanese buyers, not just to tourists taking advantage of the cheaper yen

Prada's Japan sales surged 55% in the first half of 2024, driven by local customers — despite a sur…

Lian Kit Wee   


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Japanese shoppers are entering their spending era. Not all luxury brands stand to benefit.

Luxury brands that align with Japanese values of quality, craftsmanship, and simplicity stand to wi…

Maria Noyen   


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The stock market chaos sparked by the yen last month could resume as rates rise in Japan, SocGen says

Japan's expected rate hikes could restart the unwind of the yen carry trade and impact US stocks, S…

Jennifer Sor   


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Sensex, Nifty tumble nearly 1.5% as bank stocks slump on weak Japanese markets

Equity benchmark indices tumbled nearly 1.5% on Monday due to heavy selling in frontline stocks Rel…

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Why Japanese stocks just had their worst day in 4 years

Japan's Nikkei suffered its biggest daily decline since 2020 after the country raised rates, and as…

Kelly Cloonan   


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At USD 642.292 bn, India's foreign exchange reserves hit all-time high

India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD …

ANI   


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Japan just spent billions to boost the flailing yen — and the US may get involved too

Japan spent about $35 billion to prop up the yen on Monday and intervened again on Wednesday. A lea…

Meghan Morris   


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India's forex exchange reserves at over two-year high

The foreign exchange kitty rose for a third straight week to hit an over two-year high.

ANI   


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The Japanese yen's underlying forces are so weak the currency is in the 'same league' as the Argentine peso and Turkish lira, Deutsche Bank says

Intervention by the Bank of Japan in currency markets won't help the yen, and may actually backfire…

Filip De Mott   


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The Japanese yen's plunge forces Tokyo to pull back on biggest defense build-up since World War II as US weapons get pricier

Japan is prioritizing outlays on US-made frontline weapons, leaving less money for secondary gear, …

Filip De Mott   


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George Glover   


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Warren Buffett's Berkshire Hathaway may issue bonds priced in yen, potentially signaling more Japanese stock buys

Berkshire Hathaway is one of the top foreign issuers of Japanese debt, and the move could hint at c…

Phil Rosen   


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The Japanese yen used to be a 'safe haven'. But it has just crashed to a 20-year low as the dollar soars.

All currencies are tumbling compared to the dollar, but none is dropping faster than the once-might…

Harry Robertson   


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The euro has broken $1 for the first time in 20 years, bulldozed by an unstoppable dollar. Here are 3 other currencies to watch.

The dollar has surged this year as the Fed hikes interest rates aggressively. These three other maj…

George Glover   


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The dollar is heading for its biggest yearly gain against the yen in at least 30 years as the Bank of Japan holds fire on rate rises

While the Federal Reserve hikes interest rates aggressively, the Bank of Japan is sticking to its p…

George Glover   


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Goldman Sachs says the Japanese yen is the 'ideal hedge' against a US recession given its weakness against the dollar

Goldman Sachs said the Japanese yen "screens as the cheapest safe haven asset by far — at a time wh…

Zahra Tayeb   


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Yen strengthens after Japanese government dumps dollars to prop up the currency in its first intervention since 1998

Tokyo intervenes in currency markets for the first time since 1998 in a bid to support the yen afte…

George Glover   


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Netflix and other streamers are so popular in Japan that subscription fees are pressuring the yen

Japanese consumers are increasingly paying for Netflix and other overseas streaming services, and t…

Carla Mozée   


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Japanese officials are putting bounties on all bears after an extreme surge in deadly attacks

Japan is experiencing its worst year of bear attacks in recorded history, with at least 167 people …

Matthew Loh