Latest news with #AtsushiMimura
Yahoo
11 hours ago
- Business
- Yahoo
Japan's top FX diplomat Mimura to serve in post for second year
By Makiko Yamazaki TOKYO (Reuters) -Japan's top foreign exchange diplomat, Atsushi Mimura, was reappointed for a second year, the finance ministry said on Tuesday, as he remains a vital member of the country's U.S. tariff negotiations team. The 58-year-old Mimura will remain vice finance minister for international affairs - a post that oversees Japan's currency policy and coordinates economic policy with other countries. Finance Minister Katsunobu Kato said at a press conference that the ministry sought the reappointment of Mimura as he "has been engaged in trade talks with the United States, led by (Japan's chief trade negotiator) Ryosei Akazawa, as well as discussions on foreign exchange between me and U.S. Treasury Secretary Scott Bessent." While the finance ministry conducts a regular personnel reshuffle every year, it is not rare for the top foreign exchange diplomat post to be served for more than a year. His predecessor, Masato Kanda, currently the president of the Asian Development Bank, stayed in the post for three years as he combated the yen's falls to 38-year lows against the dollar with record yen-buying interventions. Sign in to access your portfolio
Yahoo
11 hours ago
- Business
- Yahoo
Japan's top FX diplomat Mimura to serve in post for second year
By Makiko Yamazaki TOKYO (Reuters) -Japan's top foreign exchange diplomat, Atsushi Mimura, was reappointed for a second year, the finance ministry said on Tuesday, as he remains a vital member of the country's U.S. tariff negotiations team. The 58-year-old Mimura will remain vice finance minister for international affairs - a post that oversees Japan's currency policy and coordinates economic policy with other countries. Finance Minister Katsunobu Kato said at a press conference that the ministry sought the reappointment of Mimura as he "has been engaged in trade talks with the United States, led by (Japan's chief trade negotiator) Ryosei Akazawa, as well as discussions on foreign exchange between me and U.S. Treasury Secretary Scott Bessent." While the finance ministry conducts a regular personnel reshuffle every year, it is not rare for the top foreign exchange diplomat post to be served for more than a year. His predecessor, Masato Kanda, currently the president of the Asian Development Bank, stayed in the post for three years as he combated the yen's falls to 38-year lows against the dollar with record yen-buying interventions. Sign in to access your portfolio
Reuters
11 hours ago
- Business
- Reuters
Japan's top FX diplomat Mimura to serve in post for second year
TOKYO, June 24 (Reuters) - Japan's top foreign exchange diplomat, Atsushi Mimura, was reappointed for a second year, the finance ministry said on Tuesday, as he remains a vital member of the country's U.S. tariff negotiations team. The 58-year-old Mimura will remain vice finance minister for international affairs - a post that oversees Japan's currency policy and coordinates economic policy with other countries. Finance Minister Katsunobu Kato said at a press conference that the ministry sought the reappointment of Mimura as he "has been engaged in trade talks with the United States, led by (Japan's chief trade negotiator) Ryosei Akazawa, as well as discussions on foreign exchange between me and U.S. Treasury Secretary Scott Bessent." While the finance ministry conducts a regular personnel reshuffle every year, it is not rare for the top foreign exchange diplomat post to be served for more than a year. His predecessor, Masato Kanda, currently the president of the Asian Development Bank, stayed in the post for three years as he combated the yen's falls to 38-year lows against the dollar with record yen-buying interventions.
CNA
28-04-2025
- Business
- CNA
Japan denies report citing Bessent's push for strong yen
TOKYO :Japan's top currency diplomat Atsushi Mimura on Monday denied a report in the Yomiuri newspaper that cited U.S. Treasury Secretary Scott Bessent as saying during a bilateral meeting with Japanese Finance Minister Katsunobu Kato in Washington that a weak dollar and a strong yen are desirable. Kato and Bessent had their first face-to-face talks on Thursday on the sidelines of IMF and World Bank meetings.
Yahoo
28-04-2025
- Business
- Yahoo
Japan denies report citing Bessent's push for strong yen
TOKYO (Reuters) -Japan's top currency diplomat Atsushi Mimura on Monday denied a report in the Yomiuri newspaper that cited U.S. Treasury Secretary Scott Bessent as saying during a bilateral meeting with Japanese Finance Minister Katsunobu Kato in Washington that a weak dollar and a strong yen are desirable. Kato and Bessent had their first face-to-face talks on Thursday on the sidelines of IMF and World Bank meetings. Mimura said no discussions regarding foreign exchange targets took place during the talks. Sign in to access your portfolio
