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Top related persons:
Eisuke Sakakibara - 1 Kim Kyung - 1 Sakakibara - 1 Mr Yen - 1 Kazuo Ueda - 1 Brigid Riley - 1 Hiroko Hamada - 1 Shri Navaratnam - 1
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Search resuls for: "Hiroko Hamada"


2 mentions found


☆ Japan's 'Mr.Yen' Sakakibara expects no yen intervention
  + stars: | 2023-08-07 | by ( Brigid Riley | ) www.reuters.com   time to read: +3 min
Japan's former currency czar Eisuke Sakakibara speaks at an interview with Reuters in Tokyo, Japan February 6, 2017. Sakakibara gained a reputation as a market mover in the 1990s after devising several currency interventions during his time as vice finance minister, earning him the nickname "Mr Yen". Sakakibara takes Bank of Japan head Kazuo Ueda at his word that easy policy will be retained for the time being. Japan's Ministry of Finance intervened in October when the yen slipped to 149.70 against the dollar, and speculation grew that the currency could tumble further. While the chance that the yen weakens further against the dollar can't be completely dismissed, Sakakibara believes the "tide has changed" for dollar-yen.
Persons: Eisuke Sakakibara, Kim Kyung, Sakakibara, Mr Yen, Kazuo Ueda, Brigid Riley, Hiroko Hamada, Shri Navaratnam Organizations: Reuters, REUTERS, U.S, U.S . Federal Reserve, of Finance, Bank of Japan, Fed, Bank, Japan, Japan's Ministry of Finance, Thomson Locations: Tokyo, Japan, U.S, Japan's
☆ Analysis: The $15 billion scramble for Japan's Toshiba went from bang to whimper
  + stars: | 2023-03-27 | by ( Makiko Yamazaki Ritsuko Shimizu | Makiko Yamazaki | Ritsuko Shimizu | ) www.reuters.com   time to read: +5 min
Other investors who have held Toshiba longer may not be so lucky: the offer price represents a 15% discount from a December 2014 high. Some were introduced to JIP by Toshiba's management, some of the people said, declining to be identified because the information is not public. Toshiba's management, including CEO Taro Shimada, will stay on, while the government keeps Toshiba's sensitive defence and nuclear technologies in Japanese hands. Toshiba felt stable shareholders were desirable to end the tumult, unlike current shareholders "with many differing views", it said. JIP does not see the need for big strategy adjustments, Toshiba said.
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