Satsuki Katayama – Charm

Yen drops after Takaichi elected as Japan PM, dollar firms

Cs news10 months ago05 mins

By Hannah Lang NEW YORK (Reuters) -The yen eased to a one-week low on Tuesday after hardline conservative Sanae Takaichi was elected as Japan’s prime minister, with traders betting her government could muddy the interest rate outlook and bring about a greater fiscal largesse. Takaichi, the first female PM and leader of Japan’s ruling Liberal…

Japan’s next finance minister could unsettle the yen bears

Cs news10 months ago07 mins

By Leika Kihara and Makiko Yamazaki TOKYO (Reuters) -The possible appointment of Satsuki Katayama as Japan’s next finance minister could give markets cause to rethink pushing the yen too low but might also help the country’s new leader find fresh ways to fund bold economic stimulus plans. Japan’s next likely prime minister Sanae Takaichi has…