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In this article JPY= Follow your favorite stocks CREATE FREE ACCOUNTThe Japanese yen has weakened significantly against the dollar in 2022. Stanislav Kogiku | SOPA Images | LightRocket | Getty ImagesThe Japanese yen weakened to 160 against the U.S. dollar in Monday morning trading in Asia. The yen briefly touched 160.03 against the dollar, the weakest level since April 1990 when it touched 160.15, according to FactSet data. The yen has traded around 150 or weaker against the dollar since the Bank of Japan ended its negative interest rate regime in March. Japanese authorities have repeatedly warned against "excessive" moves in the yen, but have made no official announcements about bolstering the currency.
Persons: Stanislav Kogiku, Kazuo Ueda, Ueda, Vincent Chung, Rowe Price's, Chung Organizations: U.S, greenback, Bank of Japan Locations: Asia
The demographic crisis has become one of Japan’s most pressing issues, with multiple governments failing to reverse the double blow of a falling fertility rate and swelling elderly population. But Japan’s crisis is unique in that it’s been decades in the making, experts say – meaning its impact is particularly evident now, with relief unlikely to come anytime soon. ‘Not reversible’The first thing to understand about Japan’s population crisis is that it’s only partly behavioral, said James Raymo, professor of sociology and demography at Princeton University. As of last year, Japan’s fertility rate sat at 1.3. The real problem is that the fertility rate has been consistently low for so long.
Persons: handwringing, It’s “, , it’s, James Raymo, ” Raymo, , aren’t, Raymo, Tomohiro Ohsumi, – “, Stanislav Kogiku, , Organizations: CNN, Princeton University, government’s Institute of Population, Social Security Research, Getty Locations: Japan, China, Hong Kong, Taiwan, South Korea, Spain, Italy, United States, India, Yonomori, Fukushima, singlehood, Vietnam, Shinjuku, Tokyo, Toyko
As summer heat looms, Japan urged to curb impact, emissions
  + stars: | 2023-04-12 | by ( ) www.cnbc.com   time to read: +5 min
Stanislav Kogiku | SOPA Images | Lightrocket | Getty ImagesTemperatures are rising in Japan and summer is coming fast. "The risks from climate change are right before us," said Yasuaki Hijioka, deputy director of the Center for Climate Change Adaptation at the National Institute for Environmental Studies in Tsukuba, northeast of Tokyo. But climate change means communities are often caught off guard because the systems were engineered for the weather conditions of the past. The warming weather can also hold more moisture, adding flooding and landslides to the summer forecast, something that Japan has also seen with growing frequency. "We need to view climate change as a natural disaster."
Japanese men are entitled to four weeks of flexible paternity leave, on up to 80% of their salary, under a bill passed by the Japanese parliament in 2021. While it is illegal to discriminate against workers who take maternity and paternity leave in Japan, Iwahashi said workers on fixed-term contracts were particularly vulnerable. And anyway, “A little tweak on paternity leave won’t significantly change a declining birth rate,” he added. He also unveiled a plan aimed at boosting the uptake of paternity leave by encouraging firms to disclose their performance. But he saw a silver lining in encouraging paternity leave.
FILE PHOTO: Japanese Prime Minister Fumio Kishida poses during his news conference in Tokyo, Japan on February 24, 2023. Stanislav Kogiku/Pool via REUTERSThe news comes as households grapple with intensifying cost-of-living pressures amid elevated inflation for items such as energy and food, hitting consumption and smaller businesses. Thanks to the energy subsidies, a leading indicator of Japan’s consumer prices rose at a slower pace in February, data showed on Friday. However, an index stripping away the effect of fuel hit a fresh three-decade high in a sign of broadening inflationary pressures. The Japanese government will consider asking major utilities to reduce price increases for households in light of recent declines in energy prices, Kyodo news agency reported on Friday.
So far, earnings season has been mixed — we've seen some strong results from Club holdings Morgan Stanley (MS) and Halliburton (HAL). Projected revenue: $4.58 billion Projected EPS: $1.30 Conference call at 9:30 a.m. Projected revenue: $7.33 billion Projected EPS: $1.81 Conference call at 10 a.m. Projected revenue: $9.26 billion Projected EPS: $2.51 Conference call at 8:30 a.m. Projected revenue: $121.19 billion Projected EPS: $1.94 Conference call at 5 p.m.
Eyeliner Out of Stock? Blame TikTok
  + stars: | 2022-12-22 | by ( Liz Young | ) www.wsj.com   time to read: +7 min
Sonya Dube went to buy more of one of her favorite makeup products, a Charlotte Tilbury highlighter, this summer only to find it was out of stock—again. So, it was only natural that Ms. Dube turned to TikTok to document her exasperation at not being able to find another bottle. Viewers often can click a link to buy an item right away, making the shopping experience nearly seamless—if the product is in stock. Charlotte Tilbury has sought to adapt its supply chain to respond to customer demand as products go viral, a company spokesperson said. “We do our best to hold enough stock to get us through moments like these,” Ms. Schakler said.
WASHINGTON — The U.S. Senate late on Wednesday passed by voice vote a bill to bar federal employees from using Chinese-owned short video-sharing app TikTok on government-owned devices. Stanislav Kogiku / Sipa via AP fileDuring the last Congress, the Senate in August 2020 unanimously approved legislation to bar TikTok from government devices. Many federal agencies including the Defense, Homeland Security and State departments already ban TikTok from government-owned devices. “TikTok is a major security risk to the United States, and it has no place on government devices,” Hawley said previously. At a hearing last month, FBI Director Chris Wray said TikTok’s U.S. operations raise national security concerns.
The newest model, the iPhone 14, costs a hefty $799 for the cheapest version. And the Pro version, which comes with other perks like a better camera and the new Dynamic Island feature, starts at $999. You add $100 if you want to upgrade either model for the Plus or Max version, which has a bigger screen. The most expensive version of the iPhone 14 available for purchase, the Pro Max with a terabyte of storage, comes in at $1,599. Samsung, in contrast, sells the Galaxy A53 5G for under $500, alongside much higher-end models like its fold and flip phones.
Three of our Club stocks — Apple (AAPL), Meta Platforms (META) and Wells Fargo (WFC) — were in the news Monday. Here's what we think of the developments. Ultimately, the dynamic is in line with what we have seen in recent quarters, with Apple simply unable to supply enough devices to meet demand. Any payment of that size deal that would break the Consumer Financial Protection Bureau's previous settlement record, which also happened to be with Wells Fargo. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
One year and billions of dollars later, the so-called metaverse still feels years away, if it ever manifests at all. And Meta’s flagship social VR app Horizon Worlds can feel like a ghost town (albeit a ghost town with laser tag). Meta’s latest headset, the Quest Pro, is its first effort at combining the immersiveness of VR with the real world. The VR headset market is still tiny compared to, say, an established gadget market like console video games. A visitor to the 2022 Tokyo Game Show tests the Meta Quest 2 VR headset.
The world's biggest tech companies will be put under the microscope this week when they report earnings for the quarter ended Sept. 30. Club holdings Microsoft (MSFT), Alphabet (GOOGL), Meta Platforms (META), Apple (AAPL) and Amazon (AMZN) have all been bogged down by inflation, weaker consumer demand and a slowing global economy. Here's what to expect when all 5 tech holdings report. At the same time, Goldman analysts predicted Microsoft's enterprise cloud computing business, Azure, would remain competitive, with 38% year-over-year growth. Apple (AAPL) Apple is set to report fiscal fourth-quarter results on Thursday.
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