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Japan:
Second India-Japan strategic dialogue on economic issues
China:
India-Brazil-South Africa to cooperate in health sector
South Korea:
South Korea Gives US Beef The All Clear
India:
Indian government approves re-structured APDRP
Pakistan:
Restoration of Indo-Pak dialogue to push trade
Singapore:
India-Brazil-South Africa to cooperate in health sector
Thailand:
Fastest Growth for Thailand Economy in Six Quarters
Taiwan:
Taiwan Enjoy Expanded Trade Surplus
Indonesia:
Central Bank Chief Of Indonesia Detained
Malaysia:
Malaysia economy grows and banking liberalises
Yen falls on several factors
by Brian TurnerSeveral factors combined on Monday to cause the Japanese yen to decline in value even though some analysts expect the Bank of Japan to begin tightening its monetary policy as soon as this week, although most expect that any move will not come until April. Those factors included data showing that short yen position had fallen sharply, negative mergers and acquisitions flows, and comments by Japanese prime minister Junichiro Koizumi that deflation had not necessarily ended in Japan and that the Bank should take their decision about any change in monetary policy carefully.
The yen dropped 0.9 percent to ¥117.41 in relation to the US dollar, lost 0.6 percent to ¥140.98 against the euro, and was down 0.6 percent versus sterling, to ¥205.32.
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