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Euro/Yen to Hit Record High in 2024: Ueno’s Three Reasons

by Priya Shah – Business Editor September 22, 2025
written by Priya Shah – Business Editor

Euro/Yen Forecasts‍ Cascade ⁤Pattern for ‌Sixth Year, Analyst Predicts New High

TOKYO, November 21, 2023 – The euro/yen exchange ⁣rate‍ is poised to continue its established cascade pattern ⁣for a⁢ sixth⁣ consecutive year, according‌ to Ueno Daisaku, a ‍columnist at​ Reuters. This projection anticipates a new⁣ record high for the pair by year-end, building on a trend observed as 2018.

Ueno’s analysis, based on observed market behavior, suggests ⁤continued downward ​pressure ‌on the yen against the euro.⁣ This impacts Japanese importers, European exporters, and investors holding positions in ⁢either currency.The sustained cascade‍ pattern – where ‍each year’s high⁢ is​ surpassed – signals a possibly meaningful shift in the relative ​value of the two currencies, with implications for⁢ trade balances and investment strategies.

Ueno⁢ Daisaku has been‌ in his current position since April 2013. His firm has been ranked number one in the foreign exchange⁢ category for five consecutive years‍ in the analyst rankings sponsored by ‌the⁢ Nihon Keizai‌ Shimbun, starting in ⁣2005.

The content such as news, transaction prices, data⁤ and other details in this document is provided by columnists for the personal use of the user only and is not provided for commercial purposes. The content of this document does not solicit or induce investment activities, and⁣ it⁣ is indeed not appropriate to use‍ this‌ content for decision-making⁤ purposes when trading or selling. This content does not provide any ‍investment,‌ tax, ⁣legal advice that constitutes investment ‌advice, nor does it make any recommendations regarding specific‍ financial stocks, ⁤financial investments or financial products.The use of this document ‍does not replace the investment advice of qualified investment professionals. While Reuters‌ makes reasonable efforts to ensure the reliability of its content, any views or opinions expressed by a columnist are the views or analysis of the columnist themselves, not the views or analysis of Reuters.

Thomson⁤ Reuters, “Principles‌ of ‍Trust”

September 22, 2025 0 comments
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World

Russian Jets Violate Estonian Airspace, NATO Responds

by Lucas Fernandez – World Editor September 20, 2025
written by Lucas Fernandez – World Editor

Russian Military Aircraft Violate Estonian Airspace, ‍Prompting NATO Response

TALLINN, ⁣Estonia – Three‍ Russian military aircraft breached ‍Estonian airspace ​Thursday, triggering an immediate ⁣response from NATO and escalating ⁣tensions in the Baltic region. The incursion, confirmed by Estonian military officials,​ occurred near Bindrow Island, approximately 100⁤ kilometers from the capital ⁣Tallinn.

The⁤ incident comes⁤ amid heightened geopolitical instability following russia’s invasion ‍of Ukraine and underscores‍ the vulnerability of NATO’s eastern flank.EU President ‍Charles Michel condemned the violation as an ⁤”unacceptable provocation,” emphasizing‌ the “urgent need to further strengthen pressure on Russia in addition to ⁤strengthening the defenses of eastern Europe.” NATO ​officials have indicated a North Atlantic Board meeting will be‌ convened next week to discuss the incident and ​potential responses.

According to the Estonian military, one of⁣ the ⁤Russian aircraft violated⁣ airspace for an extended⁤ duration, exceeding the typical frequency of such occurrences. The aircraft reportedly did ⁤not submit a flight plan or communicate with air traffic control. Russian ⁢military aircraft‌ routinely operate over ‌the⁢ Baltic Sea, ⁢traveling between mainland⁣ Russia and the Kaliningrad enclave, but the length of‌ Thursday’s violation raised concerns.⁢

Separately, Polish‌ border patrol reported that two Russian ⁤fighter jets ‍also entered the ‍safety zone surrounding a drilling platform operated by polish resource developers in the Baltic Sea on the ⁤same day.

Neither​ the Russian Ministry of Defense nor the White ⁤House had issued⁤ a‌ comment regarding the airspace violations as of Thursday evening.

September 20, 2025 0 comments
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World

China Defense Minister Warns of Global Division and Calls for Unity

by Lucas Fernandez – World Editor September 18, 2025
written by Lucas Fernandez – World Editor

BEIJING, May ​28 – China’s Defence Minister Dong Jun urged global unity to prevent a new Cold War and cautioned against a “survival of the fittest” mentality, speaking at a security forum in Singapore on Sunday. ‌Dong’s remarks come amid heightened tensions between China and the West over ⁤issues including taiwan,the South China Sea,and⁢ trade.

Dong warned that attempts ‍to contain China’s peaceful development or ‍forge exclusive blocs in the Asia-Pacific region were destined ​to fail. He stated that dialog and cooperation were essential to managing differences and avoiding conflict, emphasizing that the world faces complex challenges requiring a collective response. His address to the Shangri-La Dialogue, a key annual security conference, signals Beijing‘s attempt to project an image of stability and responsibility on the international stage.

The ⁣defense minister criticized what he described as “bloc ​confrontation” and attempts to apply a “Cold War mentality” to the current geopolitical landscape.He specifically referenced the notion of “survival of the⁤ fittest,” arguing that such a philosophy would lead to instability and ​ultimately harm all nations. “The Indo-Pacific region should not become an arena for zero-sum games or bloc confrontation,” Dong said,according to a transcript released by the Chinese Ministry of National Defense.

Dong reiterated China’s position on Taiwan, stating that the island​ is an inalienable‌ part of​ China and that Beijing remains committed to peaceful reunification. He also addressed concerns over China’s activities in the South China Sea, asserting that China’s actions are consistent with international law and aimed at safeguarding its legitimate rights and interests.

The Shangri-La Dialogue brings together defense ministers ⁣and security experts from around the⁤ world to discuss pressing regional and global security challenges. Dong’s⁣ speech⁤ is being closely watched for insights into China’s evolving defense strategy and its approach to international relations. His call for unity reflects a broader effort by Beijing to present itself as a responsible stakeholder in the global order, even as it ‌navigates increasingly complex geopolitical dynamics.

Laurie Chen is a China Correspondent at Reuters’ Beijing bureau, covering politics and general news. Before joining Reuters, she reported on China for six‌ years at ⁣Agence France-Presse and the South China Morning Post in Hong Kong. She speaks fluent Mandarin.

September 18, 2025 0 comments
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World

TikTok US Deal: Trump Extends Deadline to December – Reuters

by Lucas Fernandez – World Editor September 17, 2025
written by Lucas Fernandez – World Editor

TikTok US Sale Deadline ⁣Extended to December Following Ministerial ‌Talks

MADRID – The potential sale of TikTokS ‍US operations⁢ has received a further extension, wiht​ a new deadline set for‍ December, following a two-day ministerial consultation between the‍ United States and China held ⁢in Madrid, Spain, this week. the agreement, reached‌ on September 15th,⁤ paves‌ the way for a‍ final confirmation from former President Donald Trump in a scheduled phone call‍ with ‌Chinese President Xi Jinping on September 19th.

The continued negotiations center on addressing US national security concerns surrounding TikTok’s Chinese ownership. The delay offers both parties additional time to finalize details of a deal that would allow TikTok to continue operating in the ‌US market, impacting over 170 million American users and a significant portion of the digital advertising landscape. The​ framework of the agreement⁣ builds upon previous discussions and aims to ⁣establish safeguards for user data and algorithmic transparency.

Prior ​to these talks,a deal had been anticipated,but complexities surrounding data security and potential Chinese government influence required further deliberation. The‍ extension to December provides a critical window for both governments to navigate these challenges and possibly avert ⁣a ban of the popular⁢ video-sharing app within the United States.

September 17, 2025 0 comments
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World

Israel Launches Ground Invasion of Gaza City | Reuters

by Lucas Fernandez – World Editor September 17, 2025
written by Lucas Fernandez – World Editor

UN Examination Accuses Israeli Leadership of ⁤Inciting Genocide as Ground ‌Operations Intensify in Gaza City

Gaza Strip ‍ – A United nations investigation committee ​announced its presence ⁢in the Gaza Strip today, delivering a stark assessment:⁣ Israel‘s top leadership, including Prime Minister Benjamin Netanyahu, has incited‌ genocide. The committee certified this‌ finding following an investigation‍ into the ongoing conflict.Israel has vehemently rejected ⁤the ⁤accusation.

The report arrives as ​Israeli forces have ⁣deepened their ground⁢ invasion of gaza City, with ⁤Defense Minister Yoav Gallant declaring​ that Gaza is “on fire.” The⁢ escalating⁢ conflict, already claiming thousands of lives, raises urgent questions ⁤about ‍potential war ⁤crimes⁢ and ⁤the humanitarian crisis unfolding within the densely populated territory. the​ UN‌ investigation’s findings add a new layer of international​ scrutiny to Israel’s⁣ military actions and the rhetoric surrounding them,perhaps impacting future legal ​proceedings‌ and diplomatic ⁤efforts.

September 17, 2025 0 comments
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World

Medvedev Warns Europe Over Frozen Russian Assets – Reuters

by Lucas Fernandez – World Editor September 16, 2025
written by Lucas Fernandez – World Editor

Medvedev Vows Retaliation if West Seizes Russian Assets

MOSCOW, Oct 26 – Former Russian President Dmitry Medvedev warned ​Thursday that‍ Russia will pursue “every ⁣means possible” to retaliate against European Union countries ‍should the West seize ​Russian assets, including measures taken “outside of courts.” The threat comes⁤ as debate ⁢intensifies over utilizing frozen Russian funds to aid Ukraine‘s reconstruction.

Medvedev’s statement, reported by Russian state news agency RIA, specifically targeted “the EU member ​states, the corrupt European Commissioners, and the members of ⁣the country that sought ‌to take away our wealth.” He accused such actions of being “theft” and warned they would erode confidence in U.S. ⁣and European financial systems. The escalating rhetoric underscores the high stakes surrounding the potential seizure of approximately $285‌ billion in foreign direct investment ⁤held by Western ‌countries within Russia, which Moscow suggests could be subject to countermeasures.

European nations maintain Russia is responsible for the devastation ‌in ukraine‌ and should be compelled to provide compensation. However, concerns are growing ⁢among some financial officials that seizing a nation’s assets could set a perilous precedent, ⁣potentially deterring foreign investment​ in Western ⁤government bonds. The debate centers on balancing accountability for the war‍ in Ukraine with‌ the potential for broader economic repercussions.

September 16, 2025 0 comments
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