JAPAN - Embassy Directory USA

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EMBASSY DIRECTORY

Japan Adopts Stealth Intervention as Yen Gains Hurt Growth

Japan used so-called stealth intervention in November as the government sought to stem yen gains that hammered earnings at makers of exports ranging from cars to electronics.

Japanâ€™s Topix Extends Three-Month High as Japan Tobacco Advances

ã€€Japanâ€™s Topix Index extended a three- month high after Japan Tobacco Inc. raised its forecast and shipping lines climbed as cargo rates rebounded. Gains were limited as Greek politicians negotiated terms for a bailout.

Japan Adopts Stealth Intervention as Yen Gains Hurts Growth

Japan sold its currency five times in the final quarter of last year, the Ministry of Finance said on its website today, as the government moved to shield exportersâ€™ earnings from the impact of yen gains.

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