The dollar-yen exchange rate rose in Tokyo as optimism over a US government shutdown resolution boosted the dollar, with markets watching US labor data and Japan's fiscal policy for further direction.
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[Tokyo Foreign Exchange Market]Dollar-Yen Rises as US Government Shutdown Nears Resolution

The dollar-yen exchange rate rose in Tokyo as optimism over a US government shutdown resolution boosted the dollar, with markets watching US labor data and Japan's fiscal policy for further direction.

Yonhap Infomax
Aozora Bank's decision 10 years ago to expand aggressively overseas blew up in spectacular fashion this week, with pain inflicted from bad loans in the U.S. commercial real estate market. https://www.japantimes.co.jp/business/2024/02/02/companies/aozora-bank-loss-us-real-estate/?utm_content=buffer886f6&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #aozorabank #banks #realestate #us #debt #stocks
Gamble on U.S. commercial property blows up for Japan’s Aozora

Shares went down by the limit and heightened concern over global banks' exposure to souring real estate bets.

The Japan Times