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240 Resources for

yen

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Dollar driven down by strong German confidence reading: LONDON AFP — The dollar was driven lower against the euro Wednesday following news of an unexpected rebound in German business confidence and as investors awaited minutes from the last US Federal Reserve meeting. The single European currency in late-day trade was at 1.5772 dollars, up from 1.5645 late...; Tags: Federal Reserve Board, FINANCE, yen; Research articles 2008-05-21
Euro higher as Trichet warns on inflation: LONDON AFP — The euro rose against the dollar on Monday as ECB chief Jean-Claude Trichet warned about high inflation, which increases the chances of eurozone interest rates remaining on hold according to traders. In European trading, the euro climbed to 1.5619 dollars from 1.5582 in New York late...; Tags: British Broadcasting Corp., FINANCE, inflation, yen; Research articles 2008-05-19
Japan's Toyota to hike prices in North America: report: TOKYO AFP — Japanese carmaker Toyota Motor Corp. will raise sale prices in North America this month in a bid to offset rising production costs and the stronger yen, a report here said Sunday. The Japanese maker has expanded aggressively outside its home market, helped by its reputation for...; Tags: Agence France-Presse, SALES, Toyota Motor Corp., yen; Research articles 2008-05-03
Dollar turns lower in Asia as economic concerns persist: TOKYO AFP — The dollar came under fresh selling pressure in Asian trade on Tuesday after an overnight rally sparked by hopes of an easing of the credit crunch on Wall Street fizzled out, dealers said. The dollar fell to 100.19 yen in Tokyo afternoon trade from 100.73 in...; Tags: Banking, Federal Reserve Board, FINANCE, SALES, Tokyo, yen; Research articles 2008-03-25
Dollar slumps to three-year low against yen: TOKYO AFP — The ailing dollar slumped to a fresh three-year low against the yen Monday and approached its all-time nadir versus the euro amid fears the US economy may already be in recession, dealers said. They said traders were betting on further interest rate cuts by the US...; Tags: Federal Reserve Board, FINANCE, recession, Tokyo, yen; Research articles 2008-03-02

Dollar firms slightly on home sales data: NEW YORK AFP — The dollar on Monday firmed slightly on better than expected US home-sales figures, but persistent concerns about the US economy still weighed on the greenback, dealers said. Around 2200 GMT, the euro was at 1.4828 dollars, up from 1.4826 dollars in New York on Friday....; Tags: Federal Reserve Board, FINANCE, SALES, yen; Research articles 2008-02-25
Dollar steady as dealers await Fed minutes: LONDON AFP — The dollar steadied against the euro and fell only slightly against the yen on Wednesday as dealers awaited fresh US data, including minutes from the US Federal Reserve's latest interest rate meeting. In European trading, the euro stood at 1.4725 dollars, unchanged from late in New...; Tags: Federal Reserve Board, FINANCE, yen; Research articles 2008-02-20
France's Veolia to fully enter Japanese waterworks market: TOKYO AFP — France's Veolia Water, the world's largest water company, will fully enter the Japanese waterworks market by boosting its stake in a Japanese partner, a newspaper said Sunday. Veolia Japan Water KK, a subsidiary of the French firm, has recently upped its stake in Nishihara Environment Technology...; Tags: Agence France-Presse, France, Japan, Nikkei, Tokyo, yen; Research articles 2008-02-03
Singapore's GIC to buy Westin Hotel Tokyo for 723 mln dlrs: TOKYO AFP — The Government of Singapore Investment Corp GIC has agreed to buy the Westin Tokyo luxury hotel for 77 billion yen (723 million dollars) from Morgan Stanley, a newspaper said Sunday. The parties have reached a basic accord on the purchase of the land and the building...; Tags: Agence France-Presse, Morgan Stanley, Nikkei, Tokyo, yen; Research articles 2008-02-03
Nissan profits up for first time in five quarters: TOKYO AFP — Nissan Motor Co. said Friday that its net profits surged almost 27 percent in the third quarter, snapping a one-year downturn as new model launches boosted demand in a sluggish global economy. But Nissan, Japan's third-largest automaker, kept its cautious outlook for the full-year, noting that...; Tags: Nissan Motor Co. Ltd., SALES, yen; Research articles 2008-02-01
Japanese steals million for imaginary boyfriend: police: TOKYO AFP — A Japanese woman allegedly stole a million dollars for her "boyfriend" who had emailed her a picture of a good-looking man but shunned contact in person for years, police and reports said Friday. Sachiko Tsukada, 30, reportedly met the man on an Internet dating site in...; Tags: Agence France-Presse, INTERNET, yen; Research articles 2008-01-25
Dollar weak in Asian trade on Fed concerns: TOKYO AFP — The dollar was weak in Asian trade Monday in the wake of soft US economic news as investors wondered about the US Federal Reserve's interest rate policy action next month, dealers said. Trade moved in tight ranges as investors squared positions in shortened trade this week...; Tags: Federal Reserve Board, FINANCE, yen; Research articles 2007-11-18
Top Japanese defence official to be sacked as bribery scandal widens: TOKYO AFP — Japan's Defence Ministry will dismiss a senior bureaucrat following revelations that he received money from a former vice defence minister already involved in a bribery scandal, media said Saturday. The ministry will replace defence policy chief Nobuki Kawamura, 47, for having received a total of 45...; Tags: Agence France-Presse, MARKETING, media, ministry, yen; Research articles 2007-11-16
Toyota lifts forecasts after record first-half: TOKYO AFP — Japan's Toyota Motor Corp. reported Wednesday record first-half operating profit and lifted its full-year forecasts as it enjoys brisk sales overseas, particularly in emerging markets. A pioneer of eco-friendly hybrids, Toyota also raised its sales target to more than 8.9 million vehicles this year as it...; Tags: Japan, SALES, Toyota Motor Corp., yen; Research articles 2007-11-07
Japanese can now buy stress-relief milk -- for 5,000 yen per bottle: TOKYO AFP — A Japanese dairy company on Thursday announced the launch of super-premium milk for stressed-out adults -- at the price of 43 dollars for a bottle of 900 millilitres, or one quart. Tokyo-based Nakazawa Foods will launch the "Adult Milk" line of products in October targetting "adults...; Tags: Agence France-Presse, bottle, Tokyo, yen; Research articles 2007-09-26
Dollar falls to record low against euro: NEW YORK AFP — The US dollar fell to a record low against the euro Wednesday amid mounting expectations that the Federal Reserve would cut interest rates next week due to concerns about economic growth. Many economists expect the US central bank to cut its key short term federal...; Tags: economist, Federal Reserve Board, FINANCE, yen; Research articles 2007-09-12
Uniqlo operator seeks Western brands on expansion push: TOKYO AFP — Japan's Fast Retailing, the operator of Uniqlo casual clothing shops, set its sights Tuesday on buying a major Western brand as it unveiled plans for a third global flagship store in Paris. Fast Retailing has set a goal of doubling its global sales by 2010 through...; Tags: acquisition, Agence France-Presse, brand, Dubai, FINANCE, Investment, Japan, M&A, Paris, SALES, yen; Research articles 2007-09-04
Dollar mixed as US rate cut talk intensifies: NEW YORK AFP — The euro slipped against the dollar Tuesday after briefly topping the 1.35 level amid speculation the US Federal Reserve would soon cut its key interest rate. The euro edged down to 1.3463 dollars around 2100 GMT, from 1.3474 dollars in New York late on Monday....; Tags: bank, Federal Reserve Board, FINANCE, yen; Research articles 2007-08-21
GM says yen undervalued: DETROIT, United States AFP — Facing some intense competition for long-held spot as the world's top automaker to Japan's Toyota, General Motors' top executive reiterated late Friday the yen is still undervalued on world's currency markets. "I think, in the next five or ten years, the bias is for...; Tags: FINANCE, General Motors Corp., Investment, Manufacturing, yen; Research articles 2007-08-17
Bank of Japan injects one trillion yen into money markets: TOKYO AFP — The Bank of Japan injected one trillion yen (8.5 billion dollars) into money markets Friday amid fresh credit woes over the US subprime mortgage sector. "We offered one trillion yen ... as we judged it would be better to offer ample funds," a spokesman for the...; Tags: Agence France-Presse, bank, yen; Research articles 2007-08-09