Japanese Yen Hits 33-Year Low Against US Dollar
The Japanese yen has reached its lowest level against the US dollar since 1990, amid strong US inflation data and rising dollar rates. Authorities watch for potential intervention.
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Japan Tops US & Germany in Semiconductor Investment as % of GDP
Japan is leading the G20 in semiconductor subsidies, allocating 0.71% of its GDP to the sector, surpassing the US and Germany. This strategic investment aims to secure Japan’s position in the global tech landscape.
Bank of Japan Ends 17-Year Negative Rate Policy with First Interest Rate Hike
The Bank of Japan has ended its 17-year negative interest rate policy and implemented its first rate hike, signaling a shift away from prolonged monetary easing to achieve stable inflation.