Sunday, May 19, 2013

Business News Headlines - Yahoo! News

Business News Headlines - Yahoo! News
Yen edges up from lows, Asian shares firmer
By Masayuki Kitano SINGAPORE (Reuters) - The yen pulled up from a 4-1/2 year low against the dollar on Monday after Japan's economics minister said a further steady drop in the yen could have negative effects on households, pushing the dollar to a low of 102.00. "People say the excessively strong yen has corrected quite a bit. If the yen continues to weaken steadily from here, negative effects on people's lives will emerge," Economics Minister Akira Amari told a Sunday talk show - sparking some buying back of the yen in a thin market. ...


Read More »

No comments:

Post a Comment