14 Mar '11, 1am

DTN Singapore: Yen gains ground in early Asia trade after quake: TOKYO - THE yen gained ground against major cur...

NEW YORK - THE yen is retreating from a four-month high after the Bank of Japan poured a record US$184 billion (S$233.4 billion) into financial markets to support the Japanese economy in the wake of the calamitous earthquake and tsunami. That kind of support is meant to lower interest rates, which tends to make a currency less attractive to investors. In morning trading in New York, the dollar is trading at 81.86 Japanese yen, down from 81.88 yen (S$1.268) late on Friday. In overnight trading, the dollar had bottomed at 80.64 yen, its weakest level since early November, just above the post-war low of 79.75 yen struck in 1995. Japan's crisis has bolstered the yen because investors expect the Japanese to buy back their home currency in order to fund the country's reconstruction, increasing demand for the yen. Read also: Bank of Japan injects $108.6b on quake concerns Tokyo s...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

Tweets

Money - Yen hits new record high of 76.52 in early Asian trade: TOKYO - THE yen continued to surge in early...

Money - Yen hits new record high of 76.52 in ea...

straitstimes.com 17 Mar '11, 12am

The yen continued to surge in early Asian trade on Thursday, hitting a new record high of 76.52 (S$1.22) against the dolla...

Yen hits post-war high against US dollar

Yen hits post-war high against US dollar

channelnewsasia.com 16 Mar '11, 11pm

NEW YORK: The Japanese yen on Wednesday hit its highest level against the US dollar since World War II as investors weighe...

Low 'twilight zone' liquidity sees yen to recor...

todayonline.com 17 Mar '11, 3pm

SINGAPORE - In what analysts refer to as the "twilight zone" - a period of relative inactivity between the end of US busin...

BoJ pumps 5 trillion yen into money market

BoJ pumps 5 trillion yen into money market

channelnewsasia.com 15 Mar '11, 2am

TOKYO: The Bank of Japan on Tuesday pumped five trillion yen into the financial system to soothe money markets shaken by J...

Tokyo threatens further yen intervention

channelnewsasia.com 22 Mar '11, 5am

OSAKA: Tokyo on Tuesday threatened further possible action by the Group of Seven leading industrialised nations to interve...

The yen fell against the dollar after G-7 vowed to halt the currency's rise with a joint intervention

The yen fell against the dollar after G-7 vowed...

straitstimes.com 21 Mar '11, 8am

In the afternoon trade, the dollar rose to 80.95 yen (S$1.27) from 80.59 yen in late US trade. -- PHOTO: REUTERS THE yen f...

DTN Singapore: Bank of Japan injects $108.6b on...

straitstimes.com 14 Mar '11, 1am

TOKYO - JAPAN'S central bank injected a record 7 trillion yen (S$108.6 billion) into the short-term money market on Monday...

Home Business Asian shares down after Wall Stre...

todayonline.com 11 Mar '11, 10am

BANGKOK (AP) - The yen slid Friday after a major earthquake struck northeastern Japan with withering force. Even before th...

Japan gives Asia pause in its nuclear ambitions

todayonline.com 13 Mar '11, 9pm

Following the tragic earthquake and tsunami in Japan, attention has fallen not only on how the country is coping with the ...

STOMP - Singapore Seen - Watch who you pick on:...

singaporeseen.stomp.com.sg 15 Mar '11, 6am

Here is a warning to all bullies -- always pick on someone your own size. STOMPer Zangief sent in this video showing a ski...

Tokyo stocks plunge, BoJ unleashes record funds

Tokyo stocks plunge, BoJ unleashes record funds

channelnewsasia.com 14 Mar '11, 10am

TOKYO - Japanese stocks tumbled Monday and the central bank pumped a record amount of cash in a bid to soothe money market...

Tokyo shares dive as nuclear crisis escalates

Tokyo shares dive as nuclear crisis escalates

channelnewsasia.com 15 Mar '11, 8am

TOKYO - Japanese shares dived Tuesday, with TEPCO losing 24 percent, after Prime Minister Naoto Kan warned levels of radia...

At least 6 ports sustain major damage, some out...

sg.news.yahoo.com 14 Mar '11, 8am

TOKYO/SINGAPORE (Reuters) - At least six Japanese seaports handling international trade sustained major damage from last w...

@AsiaTodayNews Singapore's sushi restaurants sa...

sg.news.yahoo.com 17 Mar '11, 6am

TOKYO, March 17 (Reuters) - An unexpected, large-scale power outage is possible in Tokyo and surrounding areas on Thursday...

Japan battles nuclear emergency after deadly quake

sg.news.yahoo.com 13 Mar '11, 11am

Japan raced to avert a meltdown of two reactors at a quake-hit nuclear plant Monday as the death toll from the disaster on...