InfoAnda - Japan ready to intervene again on strong yen

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Judd Apatow tackling Do Gooders for Universal | | 19 March 2011
Ford launches 4-door Fiesta in China | 6 March 2009
China looks to farmers to boost economy | 18 April 2009

Attackers behead 2 soldiers in southern Thailand | 20 February 2009

Forum Views () Forum Replies ()

Read more with google mobile : Japan ready to intervene again on strong yen

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Singapore Asia Pacific World Japan ready to intervene again on strong yen AFP - Friday, October 15 Send IM Story Print Japan ready to intervene again on strong yen Slideshow: Full Photo Coverage: Business & Economy TOKYO (AFP) - – Japan on Friday voiced concern over the rise of the yen to fresh 15-year highs against the dollar and signalled it was ready to wade back into markets to intervene amid fears of a global devaluation battle. "I am very concerned about the current situation," Prime Minister Naoto Kan told parliament when asked about the yen's strength, which puts Japan's growth-driving exporters at a disadvantage by making their products more expensive overseas. "We will take decisive steps when necessary, from the perspective of curbing excessive fluctuations in exchange rates," Finance Minister Yoshihiko Noda told a regular press conference. Amid expectations the US Federal Reserve will adopt further easing measures to pump more liquidity into the world's largest economy and further weaken the dollar, the unit Thursday plunged to fresh 15-year lows against the yen. A surprise policy tightening move by Singaporean authorities to widen the trading band of its currency on Thursday also added to pressure on the greenback and pushed the Singaporean unit to record highs. On Friday the dollar stood at 81.42 yen, little changed from 81.44 in New York Thursday, after the unit earlier plunged to a 15-year low of 80.89 yen. The euro stood at 1.4039 dollars and 114.31 yen, compared with 1.4083 dollars and 114.70 yen in New York. The dollar's tumble against major currencies sparked fresh fears that a weak greenback would threaten the world economy and trigger a global currency war as nations look to safeguard exports. "The G20 has agreed that excessive fluctuations in the currency market are not desirable. In this sense, the yen's abrupt rise is also seen as such an excessive fluctuation," Kan said. Tensions have flared over the issue of currencies, which is set to dominate a Group of 20 summit of the world's top economies in South Korea next month as nations look to curb capital inflows and safeguard exports. Tokyo on Wednesday pointedly criticised China and South Korea for their policies, calling on them to refrain from pushing their currencies lower and to act "responsibly" to help stabilise world foreign exchange markets. Japan stepped into currency markets in September for the first time in six years, helping exporters who have seen the value of their repatriated earnings eroded, but Tokyo argues that it acted to prevent volatile movements. But it has accused Seoul of repeated interventions to weaken the won to put its own exporters at an advantage while suggesting Beijing has made slow progress with yuan reform. Related article: SKorea fears currency rows may spark protectionism Beijing has come under repeated attack from the United States and European nations, who say it is keeping the yuan artificially low to help its exporters, with some claiming the currency is undervalued by about 40 percent. Data Thursday showing the US trade deficit soaring in August on Chinese imports only served to stoke rising anger. Fears of a race to devalue currencies have escalated as emerging economies look to combat inflows from investors searching for higher yields, which have helped push currencies higher. "Asian countries are perhaps becoming less reluctant to let their currencies appreciate and take the strain of a weaker US dollar," Mike Jones, currency strategist at the Bank of New Zealand, told Dow Jones Newswires. Thailand moved Tuesday to rein in the soaring baht with a package of measures aimed at easing the pain of exporters as the unit hovers near 13-year highs. The government approved a tax for foreigners investing in Thai bonds in the hope of slowing an influx of overseas capital thought to be partly driving the appreciation of the baht, which traded at 29.82-86 Friday, down from 29.79-84. Elsewhere, the greenback was at 1.2974 Singapore dollars Friday from 1.2950 Thursday, near record highs. Recommend Send IM Story Print Related Articles Japan exits Iran's biggest onshore oil field project AFP - 22 minutes ago Nikkei falls 0.9 pct after rally, banks weigh Reuters - 29 minutes ago Europe shares edge up as techs boosted by Google Reuters - 31 minutes ago US-BUSINESS Summary Reuters - 22 minutes ago Profits taken, pressure high ahead of Bernanke Reuters - 31 minutes ago News Search Top Stories Indestructible McDonalds burger amazes US US trade deficit swells amid record China gap Melzer defeats Nadal at Shanghai tennis Masters OPEC holds oil output, warns on risks to recovery OPEC maintains oil output quota More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Time to find a second Earth, WWF says 'Bandit' Obama billboard sparks storm in US city Indestructible McDonalds burger amazes US Indonesian civil servants stumble over unusual test Hubble captures first images of suspected asteroid collision More Most Viewed » Too much TV psychologically harms kids: study Workers swarm Europe's streets in anti-cuts protests British lottery winner gets record 129 mln euros 'A billion people' go hungry in 2010: report More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

Other News on Friday, 15 October 2010
Sudan Abyei vote deadline "impossible"
French strike sparks street clashes, fuel warnings
France warns motorists against panic-buying fuel
Eight NATO soldiers killed in Afghanistan
Wave of takeovers as Chavez speeds up revolution |
Verizon to join AT&T in selling Apple iPads
Clinton urges wealthy Pakistanis to dig into pockets
NATO backs Taliban talks, vows no halt to military action
Chavez in Moscow to talk energy, defence
Melzer defeats Nadal at Shanghai tennis Masters
Bloggers bitter over Chile mine rescue in tragedy-hit Russia
At Lebanon border, Ahmadinejad predicts Israel's demise
French woman on trial for burqa assault |
Moody's downgrades US newspaper outlook to 'negative'
US trade deficit swells amid record China gap
Renegade commander starts talks with South Sudan |
Ahmadinejad declares "Zionists as mortal" near Israel border
US-TECH Summary
Ex-President Carter to start Mideast peace tour |
OPEC holds oil output, warns on risks to recovery
Third day of protests in France as strikes grind on |
Mobile phones help lift poor out of poverty: U.N. study
Israelis wary ahead of Ahmadinejad border tour
South Lebanon abuzz ahead of Ahmadinejad visit
Serra draws closer in Brazil poll, markets react |
Emotional Chile mine rescue strikes chord with public, media
Pakistan militant variety tests West security: U.S. |
Five NATO soldiers killed in Afghanistan
Pakistan flood reconstruction to cost $9.7 billion
Beijing officials trained in social media: report
NATO: 8 service members killed in Afghanistan
Clinton urges wealthy Pakistanis to dig into pockets
N.Korean agency apparently opens foreign-language website
China calls for resumption of N.Korea nuclear talks
Need a lift? Phone your car and it'll pick you up
Indonesia says China interested in shipwreck treasure
Mobile phones help lift poor out of poverty: U.N. study
Jolie battles to film directorial debut in Bosnia
U.S. says to do "whatever it takes" on Afghan talks
Mobile phones help lift poor out of poverty: U.N. study |
Hiroshima, Nagasaki protest US nuclear test
FCC weighs creating fund to boost broadband |
A Minute with: Clint Eastwood on death, afterlife
Hitler exhibition breaks taboos in Berlin
Thai PM says intervention cannot stop baht's rise
Global regulatory body agrees on new banking rules: official
Japan will take 'resolute' action on yen if needed: Kan
Toyota mulls halting Corolla exports on strong yen: reports
Hilary Swank film draws ire of victim's family |
Singer Christina Aguilera files for divorce |
Furor over Ground Zero mosque prompts View walkout |
Lady Gaga buys back unreleased music from auction |
After Chile rescue, U.S. to get mining reality TV show |
Star Wars dub sends jobbing ad man into orbit |
Taliban torch NATO truck in Pakistan, two dead
Russia, Georgia talks 'difficult' over refugees
Heartfelt homecoming for Chile's rescued miners |
French strike sparks street clashes, fuel warnings
US soldier may face punishment for aid worker death
US videogame sales remain uninspired
Indestructible McDonalds burger amazes US
Chavez in Moscow to talk energy, defence
China leaders gather to map economic, political plans |
Sudan Abyei vote deadline "impossible"
Google profit soars in third quarter
Ahmadinejad, near Israel border, says "Zionists mortal"
Obama Congratulates Chile's Pinera
Administration Moves Against Court Ruling On DADT, Obama Promises Otherwise
"Supernanny" Premiere Takes On The Show's Most Troubled Teen
Ed Gordon To Interview Condoleeza Rice On BET
AMD posts net loss, beats expectations
Chest Compressions May Be Key To Heart Attack Patients' Survival
U.N. envoy urges sanctions for rebel over Congo rapes |
shares surge on acquisition report
Funkshion: Fashion Week Miami Fast Approaching This Month
Havana takes a hit as Tropical Storm Paula passes |
Katy Perry, Paramore To Salute The Troops On "VH1 Divas" Special
U.S. offshore agency excited over Google power line
Blumenthal Gains In Connecticut; McMahon Still Unpopular With Women
Sudan Abyei vote deadline impossible: north |
Disney Reveals "Who Is Hannah Montana?" On New DVD
Reform calls mount as China's Communists meet
Bruno Mars Spends Fourth Week At #1 On Billboard Hot 100 With "Just The Way You Are"
North Korean appeal over age-lies ban rejected
Texting tops with US teens
Tom Cruise eyed for role in 'Top Gun' sequel: report
Latest Wall Street movie 'just a drama', says director
Lutheran church celebrates 100 years in Namibia
Seagate in buyout talks, TPG involved: sources |
Pakistan flood reconstruction to cost $9.7 billion
Facebook joins forces with Skype
Sony Ericsson Q3 phone shipments fall, profits hit |
Feng shui gives Italian wine the feel good factor
Melzer defeats Nadal in Shanghai surprise
Texting tops with US teens
Obama 'trapped' by Bollywood kidnap comedy
Pakistan foils plot to kill prime minister
US-ENTERTAINMENT Summary
Singapore businessman withdraws Liverpool bid
U.S. offshore agency excited over Google power line |
US, reversing course, backs Afghan peace effort
Tom Cruise eyed for role in 'Top Gun' sequel: report
Philippine massacre clan member killed: police
Sorkin defends "Social Network" in blog comment
Marvel, ABC prep TV return for "Incredible Hulk"
De Niro, Weaver to star in "Red Lights"
US porn movie shutdown grows after HIV scare
Weinstein Co. to appeal "Blue Valentine" rating
AirAsia planning to list Thai unit next year
China says yuan must not be 'scapegoat' for US woes
Seoul shares end up 0.1 pct on tech shares
China housing prices resume rise in September
Jackass 3D expected to lead weekend box office |
Honda recalls 127,000 cars in Brazil
Rapper T.I. denies suicide save was publicity stunt |
Taiwan stocks fall, pulled down by HTC and Mediatek
Tom Cruise eyed for role in 'Top Gun' sequel: report |
Pakistani July-Sept foreign investment falls 28.5 pct
Oprah gives Jon Stewart audience D.C. rally tickets |
Sopranos colleagues reunite for '60s-set film |
India's Infosys second quarter profit up 13.2 percent
Weinstein Co. to appeal Blue Valentine rating |
Japan ready to intervene again on strong yen
De Niro, Weaver to star in Red Lights |
PAKISTAN
Marvel, ABC prep TV return for Incredible Hulk |
Sorkin defends Social Network in blog comment |
Amy Adams, Chris Cooper eyeing Muppet movie |
TED Talks take to iPad
NATO allowed Taliban official to Kabul: Petraeus |
Sarkozy sends in police to break fuel blockade
Dollar under pressure before Bernanke speaks
Russia to build nuclear power station in Venezuela |
Prosecutors launch tax inquiry against Berlusconi
Paris airports pipeline cut amid protests: company
Hungary spill plant to restart, villagers return |
World's longest tunnel nears completion under Swiss Alps
Iran welcomes nuclear talks offer, seeks dates |
World's longest tunnel completed under Swiss Alps
Swiss break through in world's longest tunnel |
Somali gunmen abduct British aid worker, free Somali |
Russia to build nuclear power plant in Venezuela |
Nigeria court sacks state governor months before polls |
Palestinians protest new Jerusalem housing plan |
US drone strike 'kills three in Pakistan'
China metes out fines for Brazil basketball brawl
Sacked Pakistan judges fear repeat performance
Tight military budgets scale down South China Sea wargames
Tom Cruise eyed for role in "Top Gun" sequel: report
Pakistan says willing to assist Afghan talks
Thousands in Rome to celebrate Australia's first saint
Oprah gives Jon Stewart audience D.C. rally tickets
Google trumps Wall Street targets |
Pakistani stocks end up; rupee weakens; o/n rates flat
Reform calls mount as China's Communists meet
HP hires Nokia exec to run mobile software |
Taiwan dlr eases on c.bank selling after volatile wk
Activists challenge Beijing over Nobel prisoner
Non-retail video game sales hit $2.9 billion |
Hackers in China steal S.Korean secrets: Seoul
Japan warns of more currency intervention
Japan's political kingpin Ozawa fights indictment
Japan exits Iran's biggest onshore oil field project
Indian students slam Bollywood's 'inaccurate' Aussie flick
Mother of teen "sex addict" sues "Tyra" show
"Sopranos" colleagues reunite for '60s-set film
Oprah gives Jon Stewart audience D.C. rally tickets
Richards: Mick Jagger was unbearable |
Mother of teen sex addict sues Tyra show |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01