AP – Japan’s Nikkei 225 index was lower Friday on the back of a strengthening yen that could hurt exporters already struggling in the aftermath of last month’s devastating earthquake.
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AP – Asian stock markets rose Monday as a weakening yen and a drop in U.S. unemployment helped key exporters in Japan gain ground despite the country’s ongoing nuclear crisis.
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AFP – Asian stocks gained Friday after the G7 rich nations vowed to intervene in forex markets to stem the yen’s rise and support Japan’s economy amid a nuclear crisis after a record earthquake.
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Read More »AP – JAPAN AND LIBYA: Stocks ended a rough week with slight gains Friday after Libyan government forces declared a cease-fire and a group of the world’s seven largest countries announced a plan to bring the yen down from historic highs.
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Reuters – The Japanese government plans to dedicate up to 10 trillion yen ($127 billion) in crisis lending to businesses to help them finance day-to-day operations and repair damage from last week’s deadly earthquake and tsunami, the Nikkei newspaper reported on Saturday.
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AP – Stocks ended a rough week with slight gains Friday after Libyan government forces declared a cease-fire and a group of the world’s seven largest countries announced a plan to bring the yen down from historic highs.
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Reuters – U.S. stocks bounced for a second day on Friday as Group of Seven nations moved to calm markets rattled by Japan’s nuclear crisis and oil prices fell after Libya said it would cease military actions.
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AFP – Japan pumped more funds into its shaky financial system Thursday after stocks fell and the yen surged to a record high, which Tokyo blamed on currency speculators following a huge earthquake.
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