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Yen rise to push more Japan output overseas: survey

Reuters: Business News — Fri, 27 Aug 2010 10:10:08 +0000

TOKYO (Reuters) – Two-thirds of Japanese companies expect the yen’s strength to squeeze profits and 40 percent will shift production overseas if the currency remains near a 15-year high on the dollar, a government survey showed on Friday.

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Asia stocks rise on bargain hunting

Reuters: Business News — Thu, 26 Aug 2010 08:00:22 +0000

TOKYO (Reuters) – Asian stocks rose on Thursday as investors hunted for bargains among recently beaten-down shares, while the yen pulled further away from 15-year highs as investors wondered whether Japanese officials would take fresh steps to curb the currency’s strength and spur economic growth.

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Asia stocks dip on U.S. economic worries

Reuters: Business News — Wed, 25 Aug 2010 08:10:31 +0000

TAIPEI (Reuters) – Asian stocks fell on Wednesday, as investors moved out of risky sectors after a spate of worrying U.S. economic data, while the yen retreated from 15-year highs on views Tokyo may take steps to cap the currency’s strength.

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Asia stocks fall while yen slips

Reuters: Business News — Wed, 25 Aug 2010 06:10:08 +0000

TAIPEI (Reuters) – Asian stocks fell on Wednesday, with Japan’s Nikkei at a 16-month low, as investors sold riskier assets after a spate of worrying U.S. economic data, while the yen slipped from a 15-year high on a report Tokyo was considering weakening its currency.

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Japan warns on intervention after yen rise

Reuters: Business News — Wed, 25 Aug 2010 03:40:10 +0000

TOKYO (Reuters) – Japan’s finance minister further sharpened his rhetoric on the yen’s steep gains after the Nikkei newspaper reported Japan may consider selling the yen in unilateral intervention if speculators drive up the currency.

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Yen hits 15-year high as Japan ponders move

Reuters: Business News — Tue, 24 Aug 2010 14:20:20 +0000

NEW YORK (Reuters) – The yen rose to a 15-year high against the dollar and a nine-year peak versus the euro on Tuesday amid fears the global economy is slowing, testing Japanese authorities’ resolve to stem the currency’s climb.

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China punctures yuan hopes

Reuters: Business News — Wed, 23 Jun 2010 09:50:15 +0000

SHANGHAI (Reuters) – China’s yuan inched higher on Wednesday, settling down after the biggest swings since 2005 and driving home the message that Beijing’s promise of currency flexibility will not produce the rapid gains its trading partners would like.

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Stock futures slip on caution over China’s yuan move

Reuters: Business News — Tue, 22 Jun 2010 12:11:44 +0000

NEW YORK (Reuters) – Stock index futures dipped on Tuesday as investors reassessed a vow by China for more flexibility on its currency and turned cautious ahead of data expected to show a slight rise in U.S. home sales.

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China makes good on flexibility vow

Reuters: Business News — Tue, 22 Jun 2010 12:00:16 +0000

SHANGHAI (Reuters) – China pulled back the veil on its new currency regime a little further on Tuesday, appearing to engineer a fall in the yuan to make clear its vow of flexibility did not include one-way bets for appreciation.

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Asian stocks fall as yuan euphoria fades

Reuters: Business News — Tue, 22 Jun 2010 06:59:30 +0000

HONG KONG (Reuters) – Asian stocks and commodities retreated on Tuesday as wary investors took profits from a rally ignited by China’s weekend decision to give its currency more flexibility.

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