04 Aug '11, 4am

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: HONG KONG: Asian stocks were mostly higher on bargain buying Th...

HONG KONG: Asian stocks were mostly higher on bargain buying Thursday while in Tokyo exporters were boosted after the government intervened in the currency market to curb the yen's rise. Tokyo stepped in as the yen edged towards its record post-war high against the dollar, with Finance Minister Yoshihiko Noda saying the stronger the currency got the worse the impact would be on the ailing Japanese economy. The yen started to fall shortly after 0100 GMT, and by 0235 GMT the dollar had risen sharply to 78.76 yen from 76.99 earlier. The Japanese unit also fell against the euro, with the single currency fetching 112.75 yen from an earlier 110.45. "If the moves continue, it could negatively impact the Japanese economy and financial stability when Japan is making various efforts to reconstruct itself from the impact of the disaster," Noda told reporters, referring to the March e...

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

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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...

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Asian stocks tumble after Wall Street slide - Yahoo! Singapore Finance via @YahooFinance

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straitstimes.com 09 Aug '11, 2am

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channelnewsasia.com 15 Aug '11, 9am

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channelnewsasia.com 09 Aug '11, 1am

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straitstimes.com 11 Aug '11, 1am

Asian stocks fell 1-2 per cent on Thursday as the fallout from Wall Street's 4 per cent drop overnight limited by a rise i...