Yen Loses Safe-Haven Status

Yen Loses Safe-Haven Status

The yen fell to its lowest level against the dollar in 32 years as the Bank of Japan continues to keep interest rates near zero while central banks around the world are raising rates to fight rising inflation.

Softbank Takes A Step Back

Softbank Takes A Step Back

Last year SoftBank earned the highest profits ever for a Japanese firm and during the first quarter of 2022 had its worst quarter ever, losing $15 billion.