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Illustration picture of Japanese yen coins and banknotes

Japan Warns Of Action As Yen Slides To 24-year Low

Japanese Finance Minister Shunichi Suzuki said on Friday that Tokyo will take "appropriate" action as needed on the yen's slide to a fresh 24-year low against the dollar, signaling the chance of intervention to address market volatility.
Shoppers line up to wait for the opening of a Uniqlo store in New York

Amid US retail gloom, Uniqlo shines on COVID-triggered revamp

Just as inflation ravages the big guns of U.S. apparel retail, awash in high inventory and deep discounts to lure shoppers back to stores, Japan's Uniqlo is set for its best year ever in North America after a COVID-imposed revolution in its business model.