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Yen Weakness Raises Risks Across Global Carry Trades
The Bank of Japan (BOJ) and the Japanese Ministry of Finance have engaged in several efforts to contain the depreciation of the yen through intervention in foreign exchange markets by selling dollars. Over the past ... more
Japan Orders Toyota to Reform After Certification Violations
The Japanese government has mandated Toyota Motor Corp. to implement "drastic reforms" following the discovery of new violations in vehicle certification procedures. The transport ministry's corrective order on Wednesday revealed intentional misconduct and irregularities in ... more
