Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • Joe Biden raised Canadian Sikh’s death with India’s Narendra Modi at G20
    • F-35 fighter jets can only fly 55% of time, US watchdog says
    • Russia puts squeeze on oil market with diesel export ban
    • The decoy weapons leading Russian forces astray in Ukraine
    • US announces new Ukraine arms package as Congress splits over more aid
  • UK
    Sections
    • UK Home
    • UK Economy
    • UK Politics
    • Brexit
    • UK Companies
    • Personal Finance
    Most Read
    • Rishi Sunak plans to overhaul A-level system with ‘British baccalaureate’
    • UK mortgage rates set to fall after Bank of England knife-edge vote
    • Bank of England holds interest rates at 5.25%
    • UK recession risk increases as services activity falls
    • Number of UK nursing students plummets despite NHS shortages
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • Rupert Murdoch steps down as chair of Fox and News Corp
    • Asahi chief warns climate change could lead to beer shortages
    • Rupert Murdoch resolves his own succession drama — for now
    • FTC lawsuit targets serial acquisitions by private equity
    • A dealmaking denouement is under way for the decline of TV
  • Tech
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Cryptofinance
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    Most Read
    • Monzo clients rush to sign up for BlackRock offering
    • Russia puts squeeze on oil market with diesel export ban
    • Live news: Top Fed official says more rate rises ‘not off the table’
    • News updates from September 21: Rupert Murdoch to step down as Fox chair, BoE holds interest rates
    • How Xi Jinping is taking control of China’s stock market
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • Lex
    • Obituaries
    • Letters
    Most Read
    • How to save your state pension
    • Lachlan’s accession won’t put an end to Murdoch family strife
    • Are we destined for a zero-sum future?
    • Poland’s damaging quarrel with Ukraine
    • What the most ‘Chinese’ smartphone yet tells us about politics
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    Most Read
    • ‘There is no work to balance’: how shrinking budgets, Covid and AI shook up life in consulting
    • American Express’s Steve Squeri: ‘If you’re not ready for the upswing, you’ve missed’
    • The plight of the hidden carers in your workforce
    • FT Business Books — what to read this month
    • Can I start a business when I have MS?
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • Who’d invite the boss to dinner?
    • Anna Wintour: ‘I just have to make sure things are being done right’
    • Bosses won’t like it but WFH is a happier way to work
    • Should you buy the iPhone 15 Pro Max?
    • Russian rock star Boris Grebenshikov: ‘Millions are afraid to think, afraid to speak out’
  • HTSI
MenuSearch
  • Home
  • World
  • UK
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

Benjamin Shatil

Add to myFT Digest

Add this topic to your myFT Digest for news straight to your inbox

  • Monday, 20 February, 2023
    Markets InsightBank of Japan
    A shift in fund flows from Japan will be felt around the world

    If policy of yield control is phased out under incoming BoJ head Kazuo Ueda, a flight from foreign markets may accelerate

    A montage of Kazuo Ueda, the Bank of Japan logo and US, Australian and euro bills
  • Tuesday, 5 July, 2022
    Markets InsightYen
    Why the yen is down but not necessarily cheap

    A sustained appreciation of the currency will ultimately require a shift in the composition of Japanese trade flows

    Japanese yen notes
Previous page You are on page 1 Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

Tools

PortfolioToday’s Newspaper (FT Digital Edition)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

Community & Events

FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Financial Times

UK Edition

Subscribe for full access
  • Switch to International Edition

Top sections

  • Home
  • World
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
  • UK
    • UK Economy
    • UK Politics
    • Brexit
    • UK Companies
    • Personal Finance
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
  • Markets
    • Alphaville
    • Markets Data
    • Cryptofinance
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • Lex
    • Obituaries
    • Letters
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • HTSI
  • Special Reports

FT recommends

  • Lex
  • Alphaville
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • Visual and data journalism
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Live Events
  • FT Forums
  • Board Director Programme
  • myFT
  • Portfolio
  • Today’s Newspaper (FT Digital Edition)
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In