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View Full Version : Nippon Steel Returns to Profit as Japanese Yen Weakens - Bloomberg



NewsWhore
04-27-2012, 06:08 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEAa_M8XAAxvHb4_KwuquwqghsVgw&url=http://www.bloomberg.com/news/2012-04-27/nippon-steel-returns-to-profit-as-japanese-yen-weakens.html)


Nippon Steel Returns to Profit as Japanese Yen Weakens (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEAa_M8XAAxvHb4_KwuquwqghsVgw&url=http://www.bloomberg.com/news/2012-04-27/nippon-steel-returns-to-profit-as-japanese-yen-weakens.html)
Bloomberg
The Japanese currency traded at 80.7 yen a dollar as of 4:57 pm in Tokyo, after reaching 84.18 on March 15, the lowest level this year. The yen rose to a postwar high of 75.35 on Oct. 31. “The current level is still a bit tough” for steelmakers, ...

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