Yen Strengthens to 14-Year High, Prompting Speculation Japan to Intervene The yen strengthened to a 14-year
high against the dollar, climbing past 85 to the greenback and
prompting speculation Japan will intervene in markets to
preserve the nation’s export-led economic recovery.
Japan's Bonds Rise as Yen Jumps; Five-Year Yields Reach Lowest Since 2005 Japanese bonds rose, sending five-
year yields to the lowest level since 2005, as stocks slid on
speculation the yen’s advance to a 14-year high against the
dollar will hurt exporters and deepen deflation.
Fujii Says Japan May Contact U.S., Europe After Yen's Jump to 14-Year High Japanese Finance Minister Hirohisa
Fujii said he may contact U.S. and European officials to act on
currencies, amid concern the yen’s surge to a 14-year high will
hamper the economic recovery.
India Studying Effect of Dubai's Debt Delay Plan on $1.2 Trillion Economy India, the world’s top recipient of
migrant remittances, is examining the effect Dubai’s attempt to
delay debt repayments may have on Asia’s third-largest economy,
central bank Governor Duvvuri Subbarao said.
Japan's Unemployment Rate Unexpectedly Falls to 5.1% as Economy Recovers Japan’s unemployment rate in October
unexpectedly fell for a third month, a sign that the worst may
be over for the labor market.
San Miguel Directors May Lead Takeover After $1.36 Billion Stake Purchase San Miguel Corp. Directors Inigo
Zobel and Roberto Ongpin may lead a takeover offer for the
Philippines’ biggest food and beverage maker after paying 64.3
billion pesos ($1.36 billion) for a 28 percent stake.