Currency traders said the currency swap deal with the National Pension Service would remove a big source of dollar demand and could help bolster the weakening currency
The intervention came after the Bank of Japan stuck with its ultra-low rate policy, which prompted a drop in the yen past 145 per dollar to a 24-year low.
A feeble yen is less of a benefit for Japan’s manufacturers than it used to be as companies have moved production and supply chains overseas
If an earthquakes strikes the cockroaches could be sent beneath the rubble to locate survivors, steered from above by a Bluetooth connection
Bearish bets on most Asian currencies rose to record highs, driven by a towering dollar and mounting pressure on the Chinese yuan, which has slipped to a 27-month low
SoftBank CEO Masayoshi Son plans to visit Seoul to discuss a plan for Arm, amid speculation over an industry consortium to invest in the chip designer to ensure its neutrality.
The island's highly valuable chip factories were spared thanks to quakes occurring in areas away from chip foundries, plus modern design safety features, according to TrendForce
Yoon will meet Biden in New York, where they are expected to discuss North Korea and concerns in Seoul over the climate bill cutting tax credits for electric vehicles made outside the US
Core consumer inflation hit 2.8% in August, its fastest since late 2014, which was well over the central bank's target. Price pressure is seen as lasting longer than the BoJ expected
One person was killed and 146 others injured when a 6.9 magnitude earthquake struck eastern Taiwan on Sunday, destroying bridges and buildings
The chiefs of Boeing Defense, Space, and Security, and Raytheon Technologies, will be hit with sanctions after the latest US-Taiwan arms sale, China says
Seoul's Personal Information Protection Commission said it had fined Alphabet's Google $50m and Meta $22m for privacy violations. Both said they would review the finding.