All alternatives have drawbacks that limit their global role. What follows is the story of one such major currency—the Japanese yen—and why it failed to take the dollar’s throne. Kaiseki ...

Japan's weak currency is boosting tourism, with a record-breaking 3.1 million visitors in March. The devalued yen is encouraging tourists to spend more on luxury goods. The currency is negatively ...

22 intervened in the foreign exchange market in Tokyo to prop up the yen after the Japanese currency hit its lowest level in 24 years. The move immediately pushed the currency up 3 yen to the 142 ...