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US fund managers shy away from 'significantly undervalued' yen

The Japanese yen hit a 39-year low against the U.S. dollar on July 22.

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The Japanese yen hit a 39-year low against the U.S. dollar on July 22.

(Photo by Mizuho Miyazaki)Nikkei staff writersJuly 23, 2026 02:06 JSTNEW YORK -- Though many U.S. institutional investors think the yen is undervalued, they remain reluctant to buy the currency as they await clear policy action from Japanese officials.

NEW YORK -- Though many U.S. institutional investors think the yen is undervalued, they remain reluctant to buy the currency as they await clear policy action from Japanese officials.

NEW YORK -- Though many U.S. institutional investors think the yen is undervalued, they remain reluctant to buy the currency as they await clear policy action from Japanese officials.

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Chinese EVs take on BMW, Mercedes-Benz in Thai luxury car market

The Zeekr 009 minivan has garnered attention for its amenities and low price point. (Photo by Risako Kojima)KEIGO IWAMOTOJuly 23, 2026 03:26 JSTBANGKOK -- High-end electric vehicles from Chinese automakers are making inroads into Thailand, competing on price and comfort with the

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