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View Full Version : IHI, Kawasaki Heavy Shares Drop After Yen Rises to 7-Week High - Bloomberg



NewsWhore
01-14-2008, 11:00 PM
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IHI, Kawasaki Heavy Shares Drop After Yen Rises to 7-Week High (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Da2JaSfmY9oQc%26refer%3Djapan&cid=0&ei=ySGMR-XyH4naygSxptX0Dg)
Bloomberg - 22 minutes ago
A stronger Japanese currency lowers the value of exporters&#39; dollar-denominated sales when converted into yen. That would curb earnings at the three largest ...



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