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Huge FX Gains Are Japan's Benefit From Intervention, Setser Says

(Bloomberg) The Japanese government can expect to have realized “windfall” profits if officials did indeed intervene in currency markets by selling dollars and buying yen on Monday, according to Brad Setser, a senior fellow at the Council on Foreign Relations. Most Read from BloombergTesla Axes Most of Supercharger Team in Blow to Other AutomakersTraders Expect Biggest Fed-Day Move in S&P Since 2023, Citi SaysWall Street Hit by Fed Jitters to Close Wild April: Markets WrapHSBC CEO Quinn Unexp ....

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Japan to ban export of over 160 goods to Russia

The Japanese government announced on April 5 its decision to ban exports of 164 goods to Russia, namely automobile engine oil and optical equipment, the Jiji Press news agency reported. ....

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Japan to resume funding of Palestinian aid organization UNRWA

The Japanese government on Tuesday announced it would resume its funding of the United Nations Relief and Works Agency for Palestine Refugees (UNRWA). Japan's Foreign Minister Yoko Kamikawa said the country had planned to contribute $35 million to the UN agency for Palestinian refugees, Japanese news agency Kyodo reported. Japan suspended its funding following Israeli allegations that a dozen UNRWA employees were involved in the terrorist acts committed by Hamas on October 7. The Israeli allegat ....

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Naftogaz agrees with Japanese companies to modernise thermoelectric power plants

Naftogaz group has signed memoranda with two Japanese companies on the modernisation of thermoelectric power plants (TPPs) and the development of a joint project in the field of wind energy. Source: Naftogazʼs press service Naftogaz signed the relevant memorandum during the Tokyo Economic Development and Reconstruction Conference. ....

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