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The Australian dollar (sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies; [2] [3] and also referred to as the dollar or Aussie dollar) is the official currency and legal tender of Australia, including all of its external territories, and three independent sovereign Pacific Island states: Kiribati, Nauru, and Tuvalu.
Japan’s biggest bank apologized Monday for the alleged theft by an employee of more than 1 billion yen ($6.6 million) from customers’ safe deposit boxes. The bank, formally known as Mitsubishi ...
At the end of March 2022, the Ministry of Finance announced that the national debt reached precisely 1.017 million billion yen. [84] The total public debt of the country, which includes debts contracted by local governments, represents 1.210 million billion yen (9,200 billion dollars) which is nearly 250% of Japan's GDP. [84]
In 1897, the silver 1 yen coin was demonetized and the sizes of the gold coins were reduced by 50%, with 5, 10 and 20 yen coins issued. After the war, brass 50 sen, 1 and 5 yen were introduced between 1946 and 1948. The current-type holed brass 5 yen was introduced in 1949, the bronze 10 yen in 1951, and the aluminum 1 yen in 1955.
Masato Kanda unleashed an estimated 25 trillion yen to support the currency when it slumped against the dollar.
Bain scrapped plans for an IPO in October after investors pushed the U.S. buyout firm to almost halve the 1.5 trillion yen ($9.8 billion) valuation it was seeking, sources have previously said. ...
[25] [26] In April 2021, Japan Post Holdings agreed to sell part of its unprofitable Australian logistics company Toll Holdings for only 7.8 million Australian dollars. [27] The offer was accepted despite the fact that Toll Holdings had lost 67.4 billion yen, or roughly $624 million, for the fiscal year which ended in March 2021. [27]
On September 1, 2023, they formally confirmed the sale to the investment fund. The sale price of Sogo and Seibu was reduced from the initially planned 250 billion yen to 220 billion yen. Seven & i relinquished 916 billion yen worth of debt out of the 1,659 billion yen it held against Sogo and Seibu to alleviate the financial burden on Sogo and ...