KTWB

KTWB is a news site that provides financial and economic news. It focuses on topics such as currency interventions, market trends, and economic policies in Japan. The site features daily articles with high readability scores and no instances of deception or conflict of interest. However, there is an 85% score for contradictions based on a recent article discussing suspected Japanese yen interventions.

100%

The Daily's Verdict

This news site is known for its high journalistic standards. It strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. It has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

100%

Examples:

No current examples available.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

85%

Examples:

  • Japanese policymakers have said that the weak yen hurts the economy by boosting import costs, suggesting they could intervene not only to stem sharp moves but also to prevent excessive yen rises from affecting households via rising living costs.
  • The yen surged against the dollar, prompting suspicions of another round of Japanese intervention to curb the currency's sharp declines.
  • Traders suspect Japanese authorities stepped in on two occasions this week, both at unusual timings: on Monday when Japanese markets were closed for a holiday and shortly after the U.S. stock market closed in early Asian hours on Thursday.

Deceptions

100%

Examples:

No current examples available.

Recent Articles

  • Japanese Yen Surges: Suspected Intervention Triggers Speculation Amid Uncertainty on BOJ's Next Move

    Japanese Yen Surges: Suspected Intervention Triggers Speculation Amid Uncertainty on BOJ's Next Move

    Broke On: Thursday, 02 May 2024 Japanese authorities are suspected to have intervened in the foreign exchange market twice this week, after Bank of Japan Governor Kazuo Ueda downplayed the impact of a weaker yen on prices. Traders believe Japanese policymakers are trying to prevent excessive yen rises and defend the 160-to-the-dollar mark, which is considered a trigger for intervention.