Japan's finance ministry:
Rapid currency moves undesirable
Japan's Economics Minister Akira Amari
Tokyo - KUNA
Japanese Finance Minister Taro Aso expressed concern about recent sharp foreign exchange movements on Tuesday, after the US dollar rose to a six-year high against the Japanese yen earlier in the day.
"Rapid currency fluctuations are undesirable. A steep rise in the foreign exchange rate means there will be creates a steep fall in the rate. Therefore, it is desirable for exchange rates to move gradually," Aso told a press conference. However, the minister declined to say what an appropriate level for the yen.
At 3:30 p.m. (0630 GMT), the US dollar traded at JPY 106.21-24 compared with JPY 105.98-106.08 in New York and JPY 105.12-13 in Tokyo at 5 p.m.
Monday. At one point on Tuesday, the dollar appreciated as high as JPY 106.34 against the yen, the strongest since October 2008 on growing speculation that US Federal Reserve may announce an interest rate increase earlier than expected. (end) mk.tg
GMT 11:56 2018 Wednesday ,17 January
BlackRock chief calls on CEOsGMT 15:26 2018 Friday ,05 January
UAE bans import of live birds from the Netherlands following outbreak of highly contagious H5N8 Bird Flu strainGMT 12:17 2018 Thursday ,04 January
Banks 'reticent' to work with SudanGMT 10:15 2017 Saturday ,30 December
US tax reform to cut earnings by $5 bnGMT 18:42 2017 Thursday ,28 December
Al-Sukait Tackles Investors’ ContributionGMT 18:34 2017 Wednesday ,27 December
Shaath reveals opening date of Metro third lineGMT 09:37 2017 Saturday ,23 December
Brazil to maintain control over EmbraerGMT 14:31 2017 Sunday ,10 December
Post-Brexit London 'won't fall apart'
- Friday ,05 January GMT 15:26 2018 UAE bans import of live birds from the Netherlands following outbreak of highly contagious H5N8 Bird Flu strain
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 10:16 2016 Wednesday ,23 March
cartoon five
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 10:31 2014 Tuesday ,23 December
Mirages of failure: Lebanon cannot wait
GMT 10:08 2018 Wednesday ,24 January
Microsoft to open 4 data centresGMT 09:50 2011 Sunday ,28 August
Arrest for professor over alleged corruption in Seoul
GMT 22:32 2017 Friday ,27 January
A breath of fresh air: Chinese on smog avoidance travel packagesGMT 14:40 2011 Sunday ,29 May
King Abdullah’s six glorious years of achievementsGMT 19:14 2011 Wednesday ,20 April
S. Korea\'s Oldest Reactor to Shut Down for Safety Check
GMT 04:34 2017 Sunday ,15 January
At least 20 killed, 17 injured in traffic accident in EcuadorGMT 15:06 2011 Thursday ,04 August
Eastern China on alert as typhoon Muifa approaches
GMT 03:05 2017 Thursday ,02 March
Terry Fox Run raises millionsGMT 10:36 2011 Thursday ,24 November
Paracetamol overdose deadly
GMT 23:22 2017 Wednesday ,25 October
Why the State Bank of Pakistan has its hands full
GMT 06:31 2018 Tuesday ,16 January
Sahel defence ministers in Paris in push for 'G5' force
GMT 04:46 2018 Saturday ,13 January
The 2015 Iran nuclear deal
GMT 10:27 2017 Thursday ,16 March
Asian markets boosted by Fed but dollar sinks
GMT 09:35 2017 Monday ,29 May
King of Jordan, US House committee team discuss cooperation
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor