World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Stronger-Yen Policy Gets Put to the Test
Keywords:
Tags:
The yen is 34% stronger than the Korean won since mid 2008, hurting Japan's competitive edge. This affects exporters like Toyota which sees annual profit reduced by $390 million or 35 billion yen for every one yen appreciation against the dollar. The dollar now trades at 88 yen over 30% stronger than the precrisis level in 2008. So how does the new Japanese government see this. Prime Minister Yukio Hatoyama and the Bank of Japan have made comments suggesting that they favor a stronger yen, making imports cheaper to help spark a rebound in consumer spending missing in Japan since the 1980's. This would reduce the dependence on exports for growth, something that severely hurt Japan and Germany when the world economy took a dive late last year in the global financial crisis.
Currency and Exchange rate swings and German, Japanese, Korean automakers factory expansion in the U.S.
06/20/2007
Stronger euro and won, what it does to German automakers manufacturing in the USA. Weaker yen and what this does to Japanese manufacturing expansion in the USA.
Grouped Articles
The Pitfalls in the Rise of the Korean Won
BusinessWeek 09/23/2010
Japan Turns Tables on Korea Inc.
Wall Street Journal 12/12/2014
Strong Dollar Stands in Manufacturing Sector’s Way
Wall Street Journal 03/16/2015
Toyota's New U.S. Plan: Stop Building Factories
Wall Street Journal 06/20/2007
German Auto Makers Rev Up U.S. Output
Wall Street Journal 08/14/2007
In Automotive Trade Deficit, a Silver Lining for U.S.
New York Times 08/18/2007
Economic growth and exchange rates for dollar, yen, yuan and euro- policy change in China, Japan and Europe.
08/17/2007
How policy and mood is shifting in China, Japan and Europe for exchange rates between currencies. The desire to be less dependent on exports and increase domestic demand in these countries just as thrifty consumers in the US make earlier policies obsolete.
Grouped Articles
Yen's Fall Aids Japan, Worries Others
Wall Street Journal 05/13/2013
Yen Slumps to Six-Month Low Against Dollar
Wall Street Journal 11/27/2013
Japan Faces Uphill Battle in Curbing Yen's Rise
Wall Street Journal 08/04/2010
Brawny Yuan Stands Apart from the Crowd
Wall Street Journal 12/10/2013
Asia Seen as Better Able to Deflect Waves From U.S.
New York Times 08/17/2007
Geithner Hints at Harder Line on China Trade
New York Times 01/23/2009
The new Japanese government of Yukio Hatoyama and the Bank of Japan favor a stronger yen..
09/28/2009
The new yen policy would reduce Japan's dependence on exports and by reducing import prices could spark much needed consumer spending.
Grouped Articles
Stronger-Yen Policy Gets Put to the Test
Wall Street Journal 09/28/2009
World Bank Head Sees Dollar’s Role Diminishing
New York Times 09/29/2009
As Yen Rises, Japan Faces Tricky Policy Choices
New York Times 09/29/2009
Japan's Finance Minister Hardens Talk Against Yen Strength
Wall Street Journal 09/30/2009
Harsh Realities Stand in the Way of a Leader’s Vision of a New Japan
New York Times 12/23/2009
Japan's Yen Rises Above War Jitters, Deflation
BusinessWeek 05/27/2010
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us