Connecting decision makers to a dynamic network of information Bloomberg quickly and accurately delivers business and financial information Japan’s Finance Minister Katsunobu Kato said the country won’t use the sale of its US Treasury holdings in trade talks with Washington clarifying his previous remarks that suggested they could be used as a negotiating tool Please enable JS and disable any ad blocker Today's print edition Home Delivery Finance Minister Katsunobu Kato said the country’s U.S Treasury holdings could be a card in its trade talks with Washington when asked if Japan’s stance of not selling holdings could be a negotiation tool "Whether or not we use that card is a different decision.”googletag.cmd.push(function() { googletag.display('div-gpt-ad-1499653692894-0'); }); While the comments were made in response to a question and don’t appear to suggest Japan is considering selling any of its U.S they open up the possibility of large market ructions if action took place In a time of both misinformation and too much information quality journalism is more crucial than ever.By subscribing Your subscription plan doesn't allow commenting. To learn more see our FAQ Sponsored contents planned and edited by JT Media Enterprise Division Taito Kato took a best finish of fifth during the opening round of the Formula Regional European Championship at Misano The opening round of the Formula Regional European Championship (FRECA) was held this weekend at Misano and Taito Kato got his season underway to a strong start The Honda Formula Dream Project driver has already completed the Formula Regional Middle East Championship this season including celebrating a podium finish in Abu Dhabi in January having graduated as 2024 French F4 Champion Consistency was the name of the game for Kato as the opening round held at the Misano World Circuit Marco Simoncelli From the very first session his pace was strong finishing the first Collective Test of the weekend sixth fastest The second Collective Test was a similar story this time just 0.183s adrift and 0.001s shy of his ART Grand Prix teammate Evan Giltaire Kato then went fourth quickest in Qualifying Group B for Saturday’s opening race putting him seventh on the grid when results were combined with Qualifying Group A An incident on the opening lap eliminated two cars ahead of him meaning Kato inherited a fifth position which he kept until the flag (setting the fourth fastest lap of the race in the process) to earn ten championship points With the temperature slightly cooler on Sunday (dropping from 38 degrees Celsius track temperature for race 1 to 29 degrees Celsius for race 2) Kato couldn’t quite replicate his pace for the final day of the weekend Qualifying saw Kato set the 7th fastest time in Qualifying Group B which resulted in a grid position of 14th for Sunday’s 30min +1 lap race two Kato climbed to 12th by the end of the first lap and then on lap 9 was able to climb one more to 11th a post-race penalty for a collision with Jin Nakamura added five seconds to his race time Essential digital access to quality FT journalism on any device Complete digital access to quality FT journalism with expert analysis from industry leaders Complete digital access to quality analysis and expert insights complemented with our award-winning Weekend Print edition Terms & Conditions apply Discover all the plans currently available in your country See why over a million readers pay to read the Financial Times Japan’s Finance Minister Katsunobu Kato said the country’s US Treasury holdings could be a card in its trade talks with Washington referring to the largest stockpile of US debt held by a foreign nation Thanks for visiting The use of software that blocks ads hinders our ability to serve you the content you came here to enjoy We ask that you consider turning off your ad blocker so we can deliver you the best experience possible while you are here Japan’s Minister of Finance Katsunobu Kato said he aims to build on close discussions pertaining to currencies when he meets his US counterpart Scott Bessent in Washington this week Japanese Finance Minister Katsunobu Kato said on Friday “we'll continue to ask the US to reconsider tariffs,” per the Wall Street Journal (WSJ) Information on these pages contains forward-looking statements that involve risks and uncertainties Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets You should do your own thorough research before making any investment decisions FXStreet does not in any way guarantee that this information is free from mistakes It also does not guarantee that this information is of a timely nature Investing in Open Markets involves a great deal of risk including the loss of all or a portion of your investment losses and costs associated with investing The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers The author will not be held responsible for information that is found at the end of links posted on this page If not otherwise explicitly mentioned in the body of the article the author has no position in any stock mentioned in this article and no business relationship with any company mentioned The author has not received compensation for writing this article FXStreet and the author do not provide personalized recommendations The author makes no representations as to the accuracy FXStreet and the author will not be liable for any errors injuries or damages arising from this information and its display or use The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice EUR/USD is paring back gains toward 1.1300 in the European session on Tuesday Germany's political concerns resurface and weigh on the Euro while the  US Dollar stays defensive as traders await the crucial Fed meeting for fresh trading impetus.  GBP/USD regains traction above 1.3300 in the European trading hours on Tuesday Markets remain on the edge amid Trump's erratic trade policies The focus stays on trade headlines as the Fed meeting gets underway later in the day.  Gold sprints higher on Tuesday for a second consecutive day as geopolitical tensions around the globe continue to support investors’ demand for safe-haven assets. In the Middle East Israel is further preparing its ground offensive in the Gaza Strip with the aim of fully controlling the area trading at $2.11 at the time of writing on Tuesday Recovery has remained elusive above immediate hurdles such as key moving averages in the 12-hour time frame and the extended descending trendline from January but uncertainty hasn’t: Markets may be breathing easier but investors should not mistake easing conditions for resolution the real risk lies in prolonged policy unpredictability SPONSORED Discover the top brokers for trading EUR/USD in 2025 Our list features brokers with competitive spreads Whether you're a beginner or an expert find the 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management FXStreet has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and omissions may occur prices or other information contained on this website is provided as general market commentary and does not constitute investment advice FXStreet will not accept liability for any loss or damage which may arise directly or indirectly from use of or reliance on such information Thanks for visiting 200km in low early spring sunshine and they were flawless If you want the ultimate performance cycling glasses then the Oakley Kato Velo is probably them but they're expensive and quite annoying to live with in some respects dispensing with size for a heavily wrapped lens that shrouded the nose I didn’t massively like the original Kato just that it didn’t do a great job of shielding my eyes from the wind.  Oakley has released a new version of the Kato which takes the heavy wrap of the original and pairs it with a huge lens It looks truly insane when worn with anything other than cycling kit but they aren’t without their drawbacks.  If you are an Oakley fan (as many of you seem to be), then I've also pulled together a full range overview of all the Oakley cycling glasses though the concept at the time was a set of glasses that could be run with either a set of solid arms as you see here it’s not hard to trace the lineage back to Oakley’s ski goggles but I guess the theory here was to produce something that provided maximal coverage but still allowed ventilation for the likes of cross-country skiers but they at least just look like big sunglasses whereas the Velo Kato is more akin to a visor with arms.  completely shrouded from temple to just before the tip in grippy Oakley Unobtanium rubber Oakley’s proprietary stuff that gets more tacky in the wet Like the OG Kato, the lens covers the nose. I’m used to the aesthetic now and actually think that aspect of them looks quite cool, but in this case, the glasses sit further out from the nose, using the same pad as the Oakley Encoders one of my all-time favourite pairs of cycling glasses While the Kato lens used to touch the bridge of my nose I had no such issues here and it means there’s no fiddly system for adjusting the lens angle.  you have the same brow crease on the frameless lens to add stiffness as is the case with the Kato and the Encoder It works well in all three cases to maintain a degree of rigidity and help retention.  The very peripheries of the lens have a series of vents - four lozenge shaped slits followed by a corresponding set of fins where the arms attach I suspect these are as much an aesthetic touch as they are anything aero.  the arms are rubberised their entire length (Image credit: Will Jones)The nose pad is the same as on the Encoder (Image credit: Will Jones)PerformanceHaving used somewhere north of 50 pairs of cycling glasses at this point I can confidently say that from a pure performance standpoint the Oakley Velo Kato stands above the rest as the best on the market In much the same way as aero bikes are becoming so race-specific these really are a performance-oriented pair of cycling glasses meaning you get peerless peripheral vision You really have to strain your eyes to even get a glimpse of the frame such as it exists at the attachment point of the lens and combined with the height both above and below the nose means it’s as close as you can get to never really seeing the edge of the lens.  The height above the nose is about the same as the Encoders unlike most mega lens glasses the Velo Kato actually doesn’t foul on the brow of my helmets They are deeper below the nose than the encoders so somehow even better for more upright riding too The original Kato for me really struggled in the wind but here the extra size means you are utterly shrouded The only thing that will maybe perturb your vision is the nose pad and moreover while the Kato suffered a little with lens distortion around the continuous nose the larger nose pad here effectively shields the heavily curved portions of the lens meaning there’s zero distortion anywhere.  Comfort and retention are also up there with the best I wore them for a full 200km day and never once had to take them off or readjust which is about as good as you can ask for.  which is handy as you can’t swap the lens at all.  Not being able to fold the arms away is a real annoyance I travelled with them to Belgium for the Classics and they just sort of had to go in my bag loose Be prepared to just leave them in your helmet full time for storage but the lack of hinges means getting them into a helmet is also a little trickier they’re a pair that are best kept on your face.  Even with a helmet on they look quite radical (Image credit: Will Jones)The huge wrap means your peripheral vision is totally unimpeded (Image credit: Will Jones)The arms never played badly with my helmets either (Image credit: Will Jones)ValueWith an RRP of £271/€304/$328 the Oakley Velo Kato is a premium set of cycling glasses and are more expensive than even other top-end Oakley glasses You are getting better performance for the additional price but whether that’s worth it or not I’m not sure but they look quite daft for the generalist and are quite frustrating to live with.  and for events like longer triathlons in hot climates where you don’t want to use a helmet visor I can also see the benefit I’m not convinced the juice is worth the squeeze given how good the likes of the Oakley Encoder and Oakley Sutro already are.  The Oakley Velo Kato really is a set of cycling glasses for the performance focussed only (racers While they’re truly exemplary in terms of performance they’re quite annoying to live with for day-to-day use and they look too outlandish to be used as general sunglasses in the same way something like an Encoder or a Sutro can.  Combined with a high RRP they exist for those that need the best of the best on race day I’d probably say you’d be better off buying a more established model from the Oakley lineup if you must have something from The Big O He’s tried his hand at most cycling disciplines to the more unusual like bike polo and tracklocross covered tech news from the biggest races on the planet and published countless premium galleries thanks to his excellent photographic eye given he doesn’t ever ride indoors he’s become a real expert on foul-weather riding gear His collection of bikes is a real smorgasbord with everything from vintage-style steel tourers through to superlight flat bar hill climb machines you will then be prompted to enter your display name The List GalleryLang Performing Arts Center500 College Ave.Swarthmore The List Gallery is pleased to present an exhibition of recent mixed-media sculptures and a new site specific installation by Mami Kato The exhibition will take place January 23—February 23 Kato will give a gallery talk together with Director of the Swarthmore College Art Collection and List Gallery Curator Andrea Packard The opening reception will follow from 5:00–7:00 PM Gallery hours are: Tuesdays through Sundays The exhibition has been funded in part through the generous support of Joan Gordon Japan and grew up observing the work practices and growth cycles taking place in the rice fields near her home Observing organic forms and learning about broader scientific principles remains essential to her aesthetic She frequently uses materials that are connected to her heritage and daily life she creates composite forms that reflect malleability and dynamism in nature Kato's List Gallery exhibition features several of her large-scale sculptures which is five feet in diameter. To create these works and a smaller wall-mounted piece, Uro #2 [Foxtail] (2020), Kato creates structures using wood and linen and then covers them with bundles of Japanese rice straw and warm-brown textures animate her forms and emphasize their dynamism A site-specific installation in the rear room of the List Gallery explores some of the other aesthetic and expressive possibilities of jute fiber Rather than untwining and bundling the jute string into stalks or covering an underlying armature Kato explores the tensile properties of the fibers: stretching them into semi-transparent structures reconfiguring them in response to the surrounding architecture and allowing friction and gravity to guide her creative process Such investigations reflect her ongoing engagement with the principles of physics and Buddhist practices including observant mindfulness and the acceptance of change In contrast to the open-ended structure of her installation, Quarantine Houses (2024) conveys a personal and social narrative shortly after Philadelphia imposed a mandatory quarantine in response to the COVID-19 pandemic while commuting by bicycle to her studio in Northern Liberties she was impressed by the continuing vitality of spring plants blooming in small city plots; at the same time she also noticed how people isolating in their homes were less connected to nature and their lives seemed more fragile and obscured Kato began a sculptural form of journaling: She searched for and picked a small plant sprig during her daily commute then folded rice paper into the shape of a four-inch-long house that could preserve the plant. Quarantine Houses features more than 40 such houses placed side-by side on a ten-foot-wide she calls attention to their shadowy contents and poignancy.  Kato's exhibition explores the expressive possibilities of materials collected through other daily practices she created the undulating stem of Egg Flower (2017) by joining the convex portions of eggshells saved from her own kitchen The stem curves downward from the wall before bending up toward the viewer and forming a bloom created with concave shell fragments the edges form tessellations reminiscent of honeycombs. Other egg-formed pieces incorporate lace-like structures that evoke both biological forms and mathematical principles Some of Kato's most intimate works on exhibit She begins these nuanced works by sketching her subject she places transparent rice paper on top of her sketch she wets the rice paper and uses needles to gently loosen and rearrange the fibers until they echo the design of her underlying sketch She completes the works by brushing on delicate layers of gouache paint Whether working on an intimate scale using tiny needles or creating a towering sculpture not commercial production or self-promotion In his introduction to the catalog for Hurwitz/Kato Martin Puryear observed that Kato works in a near-meditative state of quiet solitude and she focuses on the act of making "Kato's name is not nearly as well-known as it deserves to be." Nearly five years later we hope to highlight the importance of her remarkable and wide-ranging practice She studied painting for three years at Musashino Arts University Tokyo before studying sculpture at Tokyo School of Art  (1982-1985) She also studied sculpture at the Philadelphia College of Art where she received a BFA in sculpture in 1987 after working and exhibiting for several years in Tokyo Kato has presented her work at numerous venues abroad including solo exhibitions at Ai Gallery and Shibuya Tokyu She has also exhibited internationally at Sarah Myerscough Gallery London and the Wutong Art Museum in Shanghai Her participation in major art fairs includes Design Miami (2022 and 2021) and Expo Chicago (2020) her recent exhibitions include Kato/Hurwitz Michael Hurwitz (2019). Her work was featured in PAD London 200 Years of Japanese Art, at Kalamazoo Institute of Arts in Kalamazoo MI (2023); and Panta Rhei: Everything Flows, at Ippodo Gallery NY (2023). Kato received a fellowship from the Center for Emerging Visual Artist (2011-2012) she is represented by Wexler Gallery in Philadelphia Japan and the United States agreed to maintain close communications on foreign exchange issues but did not discuss a target for the value of the yen Finance Minister Katsunobu Kato said after meeting with U.S Treasury Secretary Scott Bessent in Washington on Thursday The possibility of the two countries committing to a specific number in terms of the yen-dollar exchange rate has helped drive up the value of the Japanese currency in recent days and added to uncertainty for investors.googletag.cmd.push(function() { googletag.display('div-gpt-ad-1499653692894-0'); }); “There was absolutely no discussion from the United States regarding things like target levels for exchange rates or any kind of framework to manage them,” Kato told reporters at a news conference on Thursday “We are not considering special economic measures or a supplementary budget at this time,” Finance Minister Katsunobu Kato told reporters on Tuesday, echoing Prime Minister Shigeru Ishiba’s remarks from the previous day. “We will first steadily implement the extra budget for the previous fiscal year and the initial budget for the current year,” he said. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world 2025 at 12:58 AM EDTBookmarkSaveTakeaways NEWJapan’s Finance Minister said that he wants to base upcoming talks with US Treasury Secretary Scott Bessent on existing agreements on currencies after Bessent said that the US won’t be seeking any specific currency targets with Japan “Currencies should be determined by the market and excessive or disorderly moves can have negative impacts on economies and financial stability,” Katsunobu Kato told reporters in Washington late Wednesday “This is a basic principle that’s shared among the Group of Seven including the US and I want to hold talks based on this basic understanding.” Thanks for visiting We send our condolences and sympathies to you.Sorry to hear about your mothers passing Your Mom and Dad and you were our good neighbors in Rochester Township You welcomed us to the neighborhood on the day we moved in God bless you and strengthen you during this time LEAVE A REVIEW 2025 at 6:52 PM EDTBookmarkSaveTakeaways NEWJapanese Finance Minister Katsunobu Kato said that specific foreign-exchange targets didn’t at all come up in his talks Thursday with Treasury Secretary Scott Bessent while he did strongly urge that the US rethink its steps on tariffs “There was no talk from the US at all about target levels for exchange rates or a framework to manage currencies,” Kato told reporters on Thursday after meeting his US counterpart Kato added the pair confirmed that they will continue to closely discuss currency issues in relation to ongoing bilateral trade negotiations