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Japanese Consulate San Francisco Vice Consul Charged with Assualt and 14 Counts of Domestic Violence

May 9, 2012 – 5:58 am |

An interesting turn of events that should test the diplomatic will of Japan and the  application of domestic and international law. The LA TImes reports:
“A Japanese consulate official faces felony charges after San Mateo County …

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Home » Economic News

How Low Can You Go?

Submitted by on November 26, 2009 – 11:06 amNo Comment

DollarYenPic_E_20090917093620

The dollar tumbled to 14-year low against the Japanese yen Thursday after indications U.S. interest rates will remain low and that the Federal Reserve isn’t overly concerned about the dollar’s slide. The dollar sank to 86.51 yen in Tokyo trading, the lowest since July 1995.

Analysts said some investors were selling the dollar to buy gold, which surged to another record Thursday. Finance Minister Hirohisa Fujii said Japan “will take appropriate steps if foreign exchange rates move abnormally.” A strong yen is generally seen as bad for Japan’s economy because it erodes overseas income for the country’s big auto and electronics exporters.

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