03 Aug '11, 4am

Strong yen threatens rebound for Japan exporters: A strong yen erodes repatriated earnings and makes it harder f...

TOKYO: Japan's faster-than-expected recovery from the impact of the March earthquake and tsunami has been overshadowed by a soaring yen that threatens the post-disaster rebound of exporters, say analysts. The unit's surge to around 77 to the dollar amid worries over US and European debt has pressured companies that earlier assumed an average rate of around 82 in their annual forecasts, according to the Bank of Japan. A strong yen erodes repatriated earnings and makes it harder for companies to make money on products made in Japan and sold overseas. Japanese officials have upped their verbal threats to intervene and weaken a unit they say is overvalued and divorced from fundamentals, as investors plunge into the "safe haven" currency from the weaker dollar and euro. But having defied power and parts shortages to restore output crippled by the March disasters, Japan's export...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

Tweets

Asian shares slip, Tokyo up on yen intervention

channelnewsasia.com 04 Aug '11, 7am

HONG KONG: Most Asian stocks fell on Thursday but Tokyo was in positive territory after the government intervened in the c...

Asian shares rise, Tokyo up on yen intervention: HONG KONG: Asian stocks were mostly higher on bargain buying Th...

Asian shares rise, Tokyo up on yen intervention...

channelnewsasia.com 04 Aug '11, 4am

HONG KONG: Asian stocks were mostly higher on bargain buying Thursday while in Tokyo exporters were boosted after the gove...

Bank of Japan unlikely to intervene in forex market

Bank of Japan unlikely to intervene in forex ma...

channelnewsasia.com 02 Aug '11, 1pm

SINGAPORE: Amid growing speculation that the Bank of Japan (BOJ) may step in to intervene in the forex markets to stem the...

Japan renews intervention warning against stron...

channelnewsasia.com 14 Aug '11, 8am

TOKYO: Japanese Finance Minister Yoshihiko Noda on Sunday renewed his warning that Tokyo could take steps to weaken the ye...

Hybrid sales rebound in July, Toyota Prius lead...

green.autoblog.com 02 Aug '11, 8pm

Toyota Reports July 2011 Sales TORRANCE, Calif. (August 2, 2011) – Toyota Motor Sales (TMS), U.S.A., Inc., today reported ...

Strong quake shakes Japan's Fukushima

channelnewsasia.com 31 Jul '11, 1am

TOKYO: A strong 6.4-magnitude earthquake struck off northeast Japan's Fukushima region, home to a crippled nuclear power p...

Japan to sack top nuclear energy officials

Japan to sack top nuclear energy officials

channelnewsasia.com 04 Aug '11, 5am

TOKYO - Japan will sack three top energy officials over their handling of the Fukushima atomic plant disaster and scandals...

First Solar Earning Tumbles, Looks to Growing M...

renewableenergyworld.com 05 Aug '11, 3pm

The company saw its earnings drop to $61.1 million through June 30, 2011 from $159 million in the same quarter of last yea...

Magnitude-6.5 earthquake hits northeastern Japa...

todayonline.com 31 Jul '11, 4am

TOKYO - A strong earthquake has rattled northeastern Japan, leaving seven people injured. No tsunami warning was issued. T...

Stay Strong With Cinnamon - Care2.com

Stay Strong With Cinnamon - Care2.com

care2.com 05 Aug '11, 6pm

There’s a reason why cinnamon stars in all sorts of pies and cakes: it is a warming spice, excellent for balancing the win...