24 Jun '16, 5am

#Japan ready to respond to volatile currency moves in #Brexit's wake

TOKYO (Reuters) - Japan will respond as needed to "extremely nervous" exchange-rate moves in the wake of Britain's referendum on leaving the European Union, Finance Minister Taro Aso said on Friday (June 24), signalling a readiness to intervene to stem excessive yen strength. Mr Aso declined to comment when asked about the possibility of coordinated intervention in currency markets, or whether Japan had intervened to stem the yen's strength, as the Japanese currency soared above 100 yen to the US dollar due its safe haven status, with voting trends showing Britain was likely to leave. "I'm extremely concerned about the risk (Brexit) has on the global economy, financial and currency markets. It is extremely important to ensure growth in the global economy, as well as maintaining currency and financial stability," he told reporters. "Current exchange-rate markets are showing...

Full article: http://www.straitstimes.com/business/companies-markets/ja...

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straitstimes.com 24 Jun '16, 4pm

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straitstimes.com 24 Jun '16, 5pm

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businessgreen.com 24 Jun '16, 12pm

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straitstimes.com 24 Jun '16, 2pm

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straitstimes.com 28 Jun '16, 11pm

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kpopstarz.com 24 Jun '16, 1pm

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straitstimes.com 25 Jun '16, 9am

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businesstimes.com.sg 24 Jun '16, 5am

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straitstimes.com 26 Jun '16, 12am

GLASGOW (AFP) - More than half of Scots now back independence following Britain's decision to leave the European Union, a ...