Weak Yen Tests U.S.-Japan Currency Pact as Tokyo Warns of New Intervention
Japan’s finance minister says Tokyo will act without hesitation if needed, as a U.S. Treasury official says the yen’s level must change.
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Coverage of relations between Japan and the United States: trade, investment, defense, currency and diplomacy.
Japan’s finance minister says Tokyo will act without hesitation if needed, as a U.S. Treasury official says the yen’s level must change.
Japan will finance up to $21 billion for two GlobalFoundries fabs in Malta, N.Y., the first chip project under its $550 billion U.S. pledge.
The largest U.S.-Japan drill yet sends Marine anti-ship missiles to Yonaguni and moves Japan’s Type 25 missile off base for the first time.
China and Russia protested Japan’s Typhon drills on Kyushu; Guo Jiakun called it a strategic offensive weapon as systems may move to post-drill storage.
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