Business | Jun 20

Japan Yen COLLAPSING! What this means for GameStop and US Stocks

The Japanese Yen is in free fall! Japan's Yen just crossed 135 Yen to 1 USD, a level that the Japan Yen hasn’t crossed in 24 years.

Why is the Japanese Yen crashing and losing its value? How will this impact the US Stocks and GameStop?


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In response to the continued surge in energy prices due to the weakening yen and the rise in consumer prices, the Japanese government has decided to extend the subsidy for gasoline and other fuels beyond its April deadline.

The Ministry of Economy, Trade and Industry (METI) estimates the economic loss due to health issues unique to women, such as menstruation and menopause, at approximately 3.4 trillion yen.

The Japanese government finalized a new strategy on Wednesday aimed at the development of next-generation domestic aircraft, including initiatives for eco-friendly aviation technologies.

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JAXA has announced the revival of the unmanned explorer "SLIM" following its successful hibernation after making Japan's first moon landing. The probe successfully endured a second lunar night, a period during which temperatures can drop to as low as minus 170 degrees Celsius.

Somei Yoshino cherry trees are on the verge of full bloom in Tokyo, with forecasts indicating that the blossoms could be officially declared anytime. However, there is a risk of spring storms developing through Friday.

Seven-Eleven have extended the expiry date of its hand-rolled onigiri (rice balls), including salmon, plum, kelp, spicy cod roe, and tuna mayonnaise varieties.

The Japanese government finalized a new strategy on Wednesday aimed at the development of next-generation domestic aircraft, including initiatives for eco-friendly aviation technologies.

During a visit to Mie Prefecture, Princess Aiko, the daughter of Emperor Naruhito and Empress Masako, immersed herself in the rich tapestry of Japan's past at a museum within the sacred precincts of Ise Shrine on Wednesday morning.

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