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Japan says forex not included in trade deal with US, Kyodo reports
Japan says forex not included in trade deal with US, Kyodo reports

Yahoo

time7 hours ago

  • Business
  • Yahoo

Japan says forex not included in trade deal with US, Kyodo reports

TOKYO (Reuters) -Japanese Finance Minister Katsunobu Kato said the bilateral trade deal with the United States did not include reference to foreign exchange rates, Kyodo news agency reported on Wednesday. Kato made the remarks to reporters at Japan's Ministry of Finance, according to Kyodo. President Donald Trump's focus on addressing the U.S. trade deficit and his past remarks accusing Japan of intentionally maintaining a weak yen have fuelled expectations that Tokyo would face pressure to strengthen the yen against the dollar to give U.S. manufacturers a competitive advantage. Kato has discussed exchange rate matters with U.S. Treasury Secretary Scott Bessent in talks Tokyo has described as separate from bilateral negotiations on tariffs and trade. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Japan says forex not included in trade deal with US, Kyodo reports
Japan says forex not included in trade deal with US, Kyodo reports

CNA

time8 hours ago

  • Business
  • CNA

Japan says forex not included in trade deal with US, Kyodo reports

TOKYO :Japanese Finance Minister Katsunobu Kato said the bilateral trade deal with the United States did not include reference to foreign exchange rates, Kyodo news agency reported on Wednesday. Kato made the remarks to reporters at Japan's Ministry of Finance, according to Kyodo. President Donald Trump's focus on addressing the U.S. trade deficit and his past remarks accusing Japan of intentionally maintaining a weak yen have fuelled expectations that Tokyo would face pressure to strengthen the yen against the dollar to give U.S. manufacturers a competitive advantage. Kato has discussed exchange rate matters with U.S. Treasury Secretary Scott Bessent in talks Tokyo has described as separate from bilateral negotiations on tariffs and trade.

Japan says forex not included in trade deal with US, Kyodo reports
Japan says forex not included in trade deal with US, Kyodo reports

Reuters

time8 hours ago

  • Business
  • Reuters

Japan says forex not included in trade deal with US, Kyodo reports

TOKYO, July 23 (Reuters) - Japanese Finance Minister Katsunobu Kato said the bilateral trade deal with the United States did not include reference to foreign exchange rates, Kyodo news agency reported on Wednesday. Kato made the remarks to reporters at Japan's Ministry of Finance, according to Kyodo. President Donald Trump's focus on addressing the U.S. trade deficit and his past remarks accusing Japan of intentionally maintaining a weak yen have fuelled expectations that Tokyo would face pressure to strengthen the yen against the dollar to give U.S. manufacturers a competitive advantage. Kato has discussed exchange rate matters with U.S. Treasury Secretary Scott Bessent in talks Tokyo has described as separate from bilateral negotiations on tariffs and trade.

Japan finance minister aware of market concerns about fiscal health
Japan finance minister aware of market concerns about fiscal health

CNA

time5 days ago

  • Business
  • CNA

Japan finance minister aware of market concerns about fiscal health

Japanese Finance Minister Katsunobu Kato said on Friday he was aware of bond market concerns about the country's fiscal policy ahead, in the build-up to an upper house election where the minority government is poised for another setback. Japanese government bonds plunged this week, sending yields on 30-year debt to an all-time high, after polls showed Prime Minister Shigeru Ishiba's coalition was in danger of losing its majority in the upper house vote on Sunday. "I'm aware of bond market views that the recent market movements reflect various concerns about fiscal policy ahead," Kato said, speaking to reporters after the meeting of finance leaders from the Group of 20 major economies in South Africa. "We'll carefully respond to those market voices, carry out appropriate debt management and work to improve fiscal health to maintain market confidence," Kato said.

Japan finance minister aware of market concerns about fiscal health
Japan finance minister aware of market concerns about fiscal health

Reuters

time5 days ago

  • Business
  • Reuters

Japan finance minister aware of market concerns about fiscal health

July 18 (Reuters) - Japanese Finance Minister Katsunobu Kato said on Friday he was aware of bond market concerns about the country's fiscal policy ahead, in the build-up to an upper house election where the minority government is poised for another setback. Japanese government bonds plunged this week, sending yields on 30-year debt to an all-time high, after polls showed Prime Minister Shigeru Ishiba's coalition was in danger of losing its majority in the upper house vote on Sunday. "I'm aware of bond market views that the recent market movements reflect various concerns about fiscal policy ahead," Kato said, speaking to reporters after the meeting of finance leaders from the Group of 20 major economies in South Africa. "We'll carefully respond to those market voices, carry out appropriate debt management and work to improve fiscal health to maintain market confidence," Kato said.

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