Japan`s re-elected PM moves on yen, faces China`s fury

Japan`s re-elected PM Kan has initiated steps to tackle the yen`s damaging surge.

Asia stock slide deepens; tech shares weak

Asian stocks fell on Monday after Wall Street suffered its worst three-day slide in 10 months, but losses were muted, and high-yielding currencies edged up as some investor appetite for riskier assets surfaced.

Currency futures permitted in euro, pound & yen

The exchange-traded currency
futures will now be expanded to the euro, pound and yen
pairing with the rupee, giving the investors more flexibility
to hedge their risks against volatility in exchange rates.

Rupee slips; tracking dollar`s rise vs majors

The rupee weakened on Tuesday, retreating from the previous session`s more than 15-month high, on the back of the dollar`s broad gains versus major currencies and tracking a choppy sharemarket.

Japan finance minister backtracks on yen after PM rebuke

Japan`s new finance minister, Naoto Kan, said that currency levels should be determined by markets, backtracking from his earlier call for a weaker yen after an apparent rebuke from the prime minister.

Yen`s rise `harmful` to Japan`s economy: FM

The yen`s sharp rise is harmful to Japan`s export-led economy, the country’s Finance Minister said Friday as the greenback traded around 85 yen, its lowest level since the mid-1990s.

Dollar falls to 14-year low vs yen, touching 86.51

The dollar tumbled to 14-year low against the Japanese yen Thursday after indications US interest rates will remain low and that the Federal Reserve isn`t overly concerned about the dollar`s slide.

Asia shares give up early gains, yen slides

Asian shares gave up early gains on Friday, with interest rate speculation pressuring assets in South Korea and China, while a bounce in the British pound continued to depress the yen and oil hit a one-year high above USD78.

Asia shares wary as China rebounds; yen gains

Most Asian stock markets edged higher on Friday, keeping a wary eye on volatile Chinese shares, while currency traders went on the defensive after a wild see-saw week and mixed US economic data, bidding up the safe-haven yen.