Markets · Finance · Business
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Dollar strength, yen, euro and renminbi moves.
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- 01Japan Requests Largest Defense Budget in Postwar HistoryJapan’s Ministry of Defense requested a 3.8% increase to 9.3 trillion yen for FY2027, aiming to boost defense spending to 2% of GDP. The budget includes investments in new technologies and industrial base revitalization.Policy change2026-10-05 21:46
- 02Tokyo stock and foreign exchange markets experienced volatility.On the 6th, the Tokyo stock market's Nikkei average index closed at about 70,000 yen for the first time in approximately three months, while the Tokyo foreign exchange market saw the yen depreciate against the US dollar and also decline against the euro.New primary claim2026-10-06 19:48
- 03YKKAP has revealed a large-scale improper expense application, with 11 senior executives involved.Multiple current and former senior executives of YKKAP and its affiliated companies were found to have submitted improper expense claims exceeding 100 million yen. The investigation concluded that the organizational culture, characterized by the absolute authority of superiors, contributed to such improper conduct.New primary claim2026-10-07 04:00