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October 15, 2008 11:28:58 PM CDT

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Stories related to: Yen

Stories

5 Stories

  • March 2008

    • Yen Pounds Dollar as Markets Fall

      Reuters  |  Mar 3, 08 5:42 AM CST

      Yen Pounds Dollar as Markets Fall

      (Newser) - The dollar’s skid accelerated today, taking it to a three-year low against the Japanese yen, and pushing the free-falling greenback to a record bottom against the Swiss franc and other currencies amid worries that subprime woes will worsen, Reuters reports. Worldwide, stocks dove lower on broad concerns about the US economy. More »

      Tags

      subprime crisis  • stocks  • US dollar  • currency exchange  • European stocks  • Yen

  • February 2008
  • September 2007

    • Dollar Plummets to 15-year Low

      Reuters  |  Sep 8, 07 1:18 PM CDT

      Dollar Plummets to 15-year Low

      (Newser) - Panic over the state of the US economy pushed the dollar to a 15-year low against major currencies yesterday. The drop came on larger-than-expected July payroll declines, data one analyst called “simply horrific.” Many fear that the credit crunch will drive down consumer spending, igniting a recession. Investors accordingly increased bets that the Fed will drop rates, Reuters reports. More »

      Tags

      US economy  • recession  • US dollar  • euro  • financial markets  • currency exchange  • Yen

  • August 2007

    • Credit Fears Sink Asian Markets

      Reuters  |  Aug 15, 07 3:08 AM CDT

      Credit Fears Sink Asian Markets

      (Newser) - Global credit turmoil rocked Asian markets today, pushing Japan’s Nikkei to 2007 lows, as US and Canadian firms struggled to meet payments and Wal-Mart and Swiss Bank UBS released disappointing forecasts. Through it all the Yen rose, as risk-averse investors turned to some safe havens in Japan, Reuters reports. More »

      Tags

      Japan  • subprime mortgages  • Wal-Mart  • credit market  • Toyota  • Asian markets  • Sony  • Nikkei  • Bank of Japan  • Yen

  • July 2007

    • Mystery Man Dumps Cash in Bathrooms

      Guardian (UK)  |  Jul 12, 07 12:02 PM CDT

      Mystery Man Dumps Cash in Bathrooms

      (Newser) - The yen is in the toilet once again. Someone has left over 400 bundles, each containing about $80 worth of the stuff, in men's bathrooms all over Japan. The cash is being discovered in the powder rooms of government offices, along with notes enjoining the lucky gentleman who finds the wad to "do only good deeds." More »

      Tags

      Japan  • philanthropy  • bathroom  • Yen

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