InfoAnda - Japan's Kan threatens to intervene again to weaken 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

Google slashes Nexus phone early termination fee | 24 February 2010
How CNN's new boss plans to revive ratings | | 27 September 2010
Britain to replace military chief: defence minister | 14 June 2010

U.N. chief, in Iraq, hails peaceful local vote | International | | 6 February 2009

Forum Views () Forum Replies ()

Read more with google mobile : Japan's Kan threatens to intervene again to weaken 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 Singapore Asia Pacific World Japan's Kan threatens to intervene again to weaken yen AFP - Saturday, October 2 Send IM Story Print Japan's Kan threatens to intervene again to weaken yen Slideshow: Full Photo Coverage: Business & Economy TOKYO (AFP) - – Japanese Prime Minister Naoto Kan on Friday renewed his threat to intervene in currency markets to cap the strong yen, while vowing to pass an extra budget to shore up the flagging economy. "The government and the Bank of Japan carried out foreign exchange intervention. We are going to take firm measures if necessary from now on," Kan said in a keynote speech in parliament. Japan stepped into the currency markets on September 15 for the first time since 2004 to weaken the yen and help safeguard a fragile economic recovery after the unit hit a 15-year high of 82.86 against the dollar. But the greenback has since unwound more than half of its post-intervention gains, prompting speculation authorities may be preparing to take further steps. Any repeated foray into the markets may provoke ire from Japan's Group of Seven partners, after its first intervention for six years was criticised by politicians in Washington and Brussels. With a large trade and current account surplus, Japan has a relatively weak case to lower its currency to boost exports, some analysts argue. Kan also called on the Bank of Japan to take "additional, necessary policies aiming to achieve an end to deflation in close cooperation with the government," heaping more pressure on the central bank to act. The premier's speech followed data Friday that showed consumer prices slide for the 18th consecutive month in August, as Japan remained mired in damaging deflation. Top officials have piled pressure on the Bank of Japan to take more steps to support an economy threatened by a strong yen. News reports said the central bank plans to discuss taking additional monetary easing measures to help shore up the recovery at the October 4-5 board meeting. In his speech to mark the beginning of a new parliament session, Kan called on opposition parties to swiftly pass a supplementary budget. Parliament is half controlled by the opposition camp. "The biggest challenge in the current Diet session is to pass the supplementary budget for economic measures," Kan said. "I want to aim at an accord on the supplementary budget and others by promoting exchange of views between the ruling and opposition parties. From the bottom of my heart, I hope for a constructive dialogue." On Monday, Kan ordered the budget to finance new economic measures at a meeting with his government officials and senior members of his ruling Democratic Party of Japan. The budget bill, expected to be submitted to parliament soon, will focus on five areas: employment, economic growth, social welfare, stimulating regional economies and deregulation. For Kan, a fiscal hawk who focused his early agenda on efforts to cut spending and slash Japan's huge debt running close to 200 percent of gross domestic product, how the budget is funded will be crucial. "If we leave the current public finance situations as they are, we will not be able to continue to do so at some point," Kan said without elaboration. The government in September approved a 915 billion yen stimulus package financed by reserve funds to create around 200,000 jobs and lift the country's GDP by about 0.3 percent, but that was criticised as not being enough. Recommend Send IM Story Print Related Articles China's Goldwind raises $917 mln in HK IPO-source Reuters - 39 minutes ago Taiwan 'to probe illegal migrant workers' after deaths AFP - 1 hour 10 minutes ago Greece hopes Wen visit will boost China investment Reuters - 1 hour 20 minutes ago Japan eyes new 58 billion dollar stimulus: report AFP - 1 hour 27 minutes ago S.Korea, S.Africa to sign nuclear power deal: report AFP - 1 hour 33 minutes ago News Search Top Stories Envoy urges Bosnians to vote issues, not ethnicity US auto sales up 28.5 percent from depressed September 2009 China launches second lunar probe EU opens IMF door to emerging giants Brake problem forces BMW, Rolls-Royce recall More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Brake problem forces BMW, Rolls-Royce recall Dinosaurs taller than thought: study Ireland reveals full horror of banking crisis US scientists find new way to generate human stem cells IMF chief sees no need to help Ireland More Most Viewed » US state executes first woman in nearly 100 years 'Time bomb' superbug requires global response: doctor Workers swarm Europe's streets in anti-cuts protests 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 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 Asia Entertainment Photos World Cup 2010 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 Saturday, 2 October 2010
Iran atom progress "slow but steady"
Italy's top daily strikes in multimedia row
Bin Laden role eyed in latest European terror plot |
NATO claims insurgent captures; 2 Romanians killed
US auto sales post solid gains from depressed 2009 levels
Facebook now second-largest online video viewing platform
BIOS Replacement Should Offer Instant-On PCs In 2011
China launches second lunar probe
NATO says it captures Afghan insurgent leaders
New Risk Factor for Adult Heart Disease Identified in Children
Anti-terrorist operation took place in Iraq: Iran MP |
US-TECH Summary
Snooki Getting Own Reality Dating Show
United, Continental Complete Merger
EU opens IMF door to emerging giants
Darfur rebels say Sudan army raids kill 27 |
New HP CEO fails to rouse investors as shares slide
Postal Service Denied 2 Cent Rate Hike
Wall Street gives chilly reception to new HP CEO
Porn Studio Celebrates "The Flintstones" 50th Anniversary With Adult Film Parody
United, Continental finalize airline mega-merger
Oxygen Confirms New Paris Hilton Reality Show
Dispute over article freezes France-UAE arms talks: source |
Paladino Trails In Poll As Controversy Erupts Over Fight With Reporter
Moscow gays hold first unimpeded rights protest |
Microsoft names veteran insider as Office head
India granted limited BlackBerry Messenger access
Zac Brown Band Earn First #1 On Billboard Albums Chart With "You Get What You Give"
Musharraf launches comeback bid with new Pakistan party
Google brings 'Street View' to Antarctica
Australian arrested with drugs in Bali
Ex-president Musharraf launches political comeback
"Rockford Files" creator Stephen Cannell dead at 69
No breakthrough in US efforts to save talks: Palestinians
Microsoft names veteran insider as Office head
Microsoft sues Motorola over Android phones |
US-TECH Summary
U.S. Cyber Command slips behind schedule |
Ubisoft sends 'Assassins' to Facebook
FBI says Ukraine arrests 5 in cybercrime case |
US-ENTERTAINMENT Summary
Privately held Facebook in 5-for-1 stock split |
"Rockford Files" creator Stephen Cannell dead at 69
As Nigeria turns 50, Femi Kuti looks back in anger
Kristin Scott Thomas carries sensuality into films
Indonesia's top Muslim body seeks ban on gay film fest
"Titanic" to see 2012 3D release after "Star Wars"
When vampires become friends, "Let Me In"
Romanian Nobel laureate still haunted by communist past
Sting cheers on French designer Roland Mouret
Russian gays claim first sanctioned protest in Moscow
Kristin Scott Thomas carries sensuality into films |
Rockford Files creator Stephen Cannell dead at 69 |
Titanic to see 2012 3D release after Star Wars |
When vampires become friends, Let Me In |
Bomb attack kills two NATO soldiers in Afghanistan
Fresh demos in German city after bloody clashes
Dozens killed, injured in Indonesian train crash |
Iraq's Shi'ite union backs incumbent Maliki as PM
Cyber Command slips behind schedule
Iraq's Shi'ite union backs incumbent Maliki as PM |
NATO claims insurgent captures; 2 Romanians killed
Spain detains 41 suspected of funding Colombia rebels
Envoy urges Bosnians to vote issues, not ethnicity
Microsoft sues Motorola for patent infringement
Chile miners could be rescued this month: minister |
Main Shiite bloc picks Maliki for Iraq PM
FBI says Ukraine arrests 5 in cybercrime case
Ellen DeGeneres Speaks Out Against Gay Bullying In Tearful Video
Bin Laden calls for Pakistan relief in new tape: Web |
Ukraine court strengthens president's powers
"Anti-terrorist" operation took place in Iraq
Zac Brown Band Earn First #1 On Billboard Albums Chart With "You Get What You Give"
North Korea's Kim Jong-il no lame duck, in U.S. view |
Microsoft names veteran executive to head Office division
Darfur rebels say Sudan army raids kill 27
Bruno Mars Tops Billboard Hot 100 For Second Week With "Just The Way You Are"
Agreement reached in Tokyo anti-counterfeiting talks |
US-TECH Summary
Microsoft sues Motorola for patent infringement
'Titanic' to return to the big screen, in 3D: report
Microsoft names veteran executive to head Office division
33 killed in Indonesia train crash: official
US drone strike 'kills six militants' in Pakistan
Japan arrest two senior prosecutors over tampering
Thai queen recovering in hospital after heart problem
China calls on Japan to 'maintain relations'
Microsoft hopes to bury iPhone, Android |
High-tech revolution yet to hit North Korea
India races to turn C'wealth Games into success
North Korea's Kim Jong-il no lame duck, in U.S. view
New Zealand police fear violence if All Blacks fail
Harry Potter magic could sparkle again: Rowling
Indonesian train crash kills at least 36
Facebook movie underscores cultural phenomenon |
New HP CEO fails to rouse investors, shares slide |
Levi's Responds To "Racist" Curve ID Jeans Campaign Controversy
Ellen DeGeneres Speaks Out Against Gay Bullying In Tearful Video
Cyber Command slips behind schedule |
Rouse Replaces Emanuel, Obama: “Bittersweet Day At The White House”
Microsoft Sues Motorola Over Alleged Patent Infringement
Japan's Kan threatens to intervene again to weaken yen
India's Maruti posts highest ever monthly sales in September
India exports accelerate in August
Pakistan dissolves main electric power company
Vedanta wins reprieve on Indian smelter shutdown
Pakistani rupee firms from record low; stocks up
Facebook movie underscores cultural phenomenon |
TV anchor Sanchez leaves CNN after comments on Jews |
Eminem seen as top contender in Grammy race |
Agreement reached in Tokyo anti-counterfeiting talks |
Carla Bruni's music plans spark political concerns |
Yoko Ono revisits John Lennon's archives for Truth |
Paris Hilton to show her real life in new TV show |
Archuleta expresses his inner dork on Other Side |
Singer Faith Evans busy with music, TV ventures |
NATO supplies in Pakistan remain blocked
French unions up ante with pension protest
Iran arrests Stuxnet 'spies' who hit atomic work
U.S. drone strikes kill 18 militants in Pakistan |
Karzai gives pep speech to Afghan security forces
Schwarzenegger, California lawmakers in budget deal
Students and families join French pension protests |
IMF urges cooperation to prevent 'currency war'
Pakistan Keeps NATO Supply Route Barred, Convoy Comes Under Attack
Christian Democrats hold key Dutch coalition vote |
Weekly Recap
PLO says no talks until Israel halts settlements |
Clouds Of Political Instability Hover Over Pakistan As U.S. Talks Democracy
Nigeria bomb toll rises: government admits it was warned |
Kyrgyzstan tense as parliamentary vote nears: OSCE |
Greece seeks Chinese investment as PM visits
Philippine leader resolute in contraceptives row
Microsoft hopes to bury iPhone, Android |
Japan nationalists rally against PM, China
U.S. drone strikes kill 18 militants in Pakistan
Agreement reached in Tokyo anti-counterfeiting talks
Dozens killed, injured in Indonesian train crash
Wozniacki beats Dementieva to win WTA Pan Pacific
Summer collections look to misty isles and spirits
Eminem seen as top contender in Grammy race
Carla Bruni's music plans spark political concerns
Yoko Ono revisits John Lennon's archives for "Truth"
Archuleta expresses his inner dork on "Other Side"
TV anchor Sanchez leaves CNN after comments on Jews
Singer Faith Evans busy with music, TV ventures
India seeking to intercept BlackBerry messages
Yamamoto pays 'psychedelic' tribute to Hendrix
Progress on global anti-counterfeiting treaty
S.Korea c.bank sees risks from rapid capital flows
Taiwan 'to probe illegal migrant workers' after deaths
Japan eyes new 58 billion dollar stimulus: report
S.Korea, S.Africa to sign nuclear power deal: report
Japan PM urges China to act responsibly
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