SUBSCRIBERS
Japan minister concerned about yen's rapid rise
Published Tue, Aug 25, 2015 · 09:50 PM
Tokyo
JAPAN'S Finance Minister Taro Aso on Tuesday warned over the yen's rapid rise after the US dollar plunged to a seven-month low against the unit on fears over China's economy and global growth.
In Tokyo the greenback fetched 119.60 yen following the comments compared to 118.51 yen in New York where it fell at one stage to 116.18 yen, its lowest level since February. The US dollar was above 124 yen last week. The euro was…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Microsoft launches lightweight AI model
Gucci-owner Kering posts 10% drop in Q1 sales on sluggish Chinese demand
Hotel Properties prices 5-year notes at 5.1%
Apple to hold launch event on May 7, with new iPads expected
OUE Reit obtains S$600 million unsecured sustainability-linked loan
US: Wall St opens higher as more earnings roll in