Fx currencies suzuki japan-south korea relations articles
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The shortsighted US-Japan-South Korea military pact
Driven by their common perception that North Korea and China posed growing threats to their nations’ security, U.S. President Joe Biden, South Korean President Yoon Suk-yeol, and Japanese Prime Minister Fumio Kishida agreed at last August’s summit at Camp David to elevate trilateral military ties to an unprecedented level. They have been demonstrating this commitment everyday since, some say to the detriment of stabilizing relations with Pyongyang and Beijing.In recent years, North Korea has...
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Japan top currency diplomat says will take appropriate action against excessive FX moves
Speculative, rapid and abnormal FX moves have had bad impact on the economySuch moves are unacceptableNo specific level in mind on an appropriate level for exchange rateWill only disclose if there was FX intervention at the end of MayThey will only report it every four weeks, so the next round of data will not feature today's flows. As such, we'll have to wait until the end of next month when the BOJ/MOF releases it. USD/JPY is still trading down 1.5% on the day at 155.85, but at least off its...
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South Korea raises diplomatic alert levels citing North Korea threats
SEOUL >> South Korea’s foreign ministry on Thursday raised the terrorism alert level for five diplomatic offices in the region citing intelligence that North Korea may attempt to harm its officials.