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- 1Japan moves to prop up the yen with US backing●Operation Save the Yen: Japan partially turns off the cheap money tap, with a little help from its ‘American friend’
Japan is partially ending its era of ultra-cheap monetary policy in an effort to support the ailing yen, according to El País. The report frames the move as 'Operation Save the Yen' and suggests Washington's support played a role. The step marks a significant shift for the Bank of Japan after years of negative rates and massive stimulus, with markets watching closely for further tightening.
- 2Japanese economy faces growing uncertainty as yen weakens●Japanese economy shrouded in greater uncertainty as yen predicament deepens
Japan's economy is facing greater uncertainty as the yen's troubles deepen, with the currency's continued weakness raising questions about the country's economic outlook. Analysts are watching how policymakers respond to the yen predicament and what it means for growth, imports and monetary policy in the months ahead.
- 3NTT Docomo raises ahamo prices by 165 yen from December●Docomo's 'ahamo' to See Price Hike from December, but Modest 165 Yen Monthly Increase Suggests Rival Carrier Competition in Mind!? Old OCN Mobile ONE Plans Also Affected
NTT Docomo will raise the monthly fee for its ahamo low-cost mobile plan from December, adding 165 yen per month. Older OCN Mobile ONE plans are also affected by the change. The modest size of the increase is being read as a cautious move, with Docomo apparently mindful of competition from rival carriers' discount plans and reluctant to push prices higher.