Japan watching yen moves closely, finance minister says after stocks rout

Japanese Finance Minister Shunichi Suzuki said on Monday authorities were watching exchange-rate moves closely, speaking after the Nikkei stock average plummeted in its biggest rout since 1987. He said it was desirable for foreign exchange rates to move in a stable manner and reflect economic fundamentals. ( read original story ...)

Tokyo: Stocks plunge 7% after US falls

TOKYO stocks fell more than seven percent in early trade on Monday, weighed down by a resurgent yen and poor US jobs data that fuelled recession fears. Read more at The Business Times. ( read original story ...)