Asia Sentinel

Asia Sentinel

The Return of Yendaka

Our Correspondent
Oct 27, 2008
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With investors fleeing to the safe haven of the Japanese yen amid global stock selloffs and growing fears of a worldwide recession, Japan’s formidable export machine appears headed for significant losses as some of the country’s biggest exporters get blindsided by the fast-rising currency.

Japan's Economic and Fiscal Policy Minister Kaoru Yosano said sho…

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