CINXE.COM
Currencies
<!DOCTYPE html> <html lang="en"> <head><script type="text/javascript" src="/_static/js/bundle-playback.js?v=HxkREWBo" charset="utf-8"></script> <script type="text/javascript" src="/_static/js/wombat.js?v=txqj7nKC" charset="utf-8"></script> <script>window.RufflePlayer=window.RufflePlayer||{};window.RufflePlayer.config={"autoplay":"on","unmuteOverlay":"hidden"};</script> <script type="text/javascript" src="/_static/js/ruffle/ruffle.js"></script> <script type="text/javascript"> __wm.init("https://web.archive.org/web"); __wm.wombat("http://asia.nikkei.com/Markets/Currencies/","20160602041842","https://web.archive.org/","web","/_static/", "1464841122"); </script> <link rel="stylesheet" type="text/css" href="/_static/css/banner-styles.css?v=S1zqJCYt" /> <link rel="stylesheet" type="text/css" href="/_static/css/iconochive.css?v=3PDvdIFv" /> <!-- End Wayback Rewrite JS Include --> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <meta http-equiv="Content-Script-Type" content="text/javascript"/> <meta http-equiv="Content-Style-Type" content="text/css"/> <meta http-equiv="Pragma" content="no-cache"/> <meta http-equiv="Cache-Control" content="no-cache, must-revalidate"/> <meta http-equiv="Expires" content="-1"/> <meta http-equiv="X-UA-Compatible" content="IE=edge"/> <meta name="keywords" content=""/> <meta name="description" content=""/> <meta property="og:title" content="Currencies"/> <meta property="og:description" content=""/> <meta property="og:image" content="/web/20160602041842im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/settings/common-setting/9833-180-eng-GB/Common-setting.png"> <title>Currencies</title> <meta property="og:url" content="https://web.archive.org/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/"/> <meta property="og:site_name" content="Nikkei Asian Review"/> <link rel="canonical" href="https://web.archive.org/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/"/> <link rel="apple-touch-icon-precomposed" href="/web/20160602041842im_/http://asia.nikkei.com/apple-touch-icon-precomposed.png"> <link rel="stylesheet" href="/web/20160602041842cs_/http://asia.nikkei.com/css/jquery-ui-1.10.3.custom.min.css"/> <link rel="stylesheet" href="/web/20160602041842cs_/http://asia.nikkei.com/css/common_v018.css"/> <link rel="stylesheet" href="/web/20160602041842cs_/http://asia.nikkei.com/css/style_v032.css"/> <link rel="stylesheet" href="/web/20160602041842cs_/http://asia.nikkei.com/css/custom/modal_v004.css"/> <link rel="stylesheet" href="/web/20160602041842cs_/http://asia.nikkei.com/extension/ezfind/design/standard/stylesheets/ezajax_autocomplete.css"/> <script src="/web/20160602041842js_/http://asia.nikkei.com/JavaScript/jquery-1.10.1.min.js"></script> <script src="/web/20160602041842js_/http://asia.nikkei.com/JavaScript/jquery-ui-1.10.3.custom.min.js"></script> <script src="/web/20160602041842js_/http://asia.nikkei.com/JavaScript/nar_v024.js"></script> <script src="/web/20160602041842js_/http://asia.nikkei.com/JavaScript/slider_v001.js"></script> <script type="text/javascript"> var googletag = googletag || {}; googletag.cmd = googletag.cmd || []; (function() { var gads = document.createElement("script"); gads.async = true; gads.type = "text/javascript"; var useSSL = "https:" == document.location.protocol; gads.src = (useSSL ? "https:" : "http:") + "//web.archive.org/web/20160602041842/http://www.googletagservices.com/tag/js/gpt.js"; node =document.getElementsByTagName("script")[0]; node.parentNode.insertBefore(gads, node); })(); </script> <script type="text/javascript"> googletag.cmd.push(function() { googletag.defineSlot('/7049/NikkeiEnglish_728*90', [728, 90], 'div-gpt-ad-1375148224113-0').addService(googletag.pubads()); googletag.defineSlot('/7049/NikkeiEnglish_300*250_1', [300, 250], 'div-gpt-ad-1375148072299-0').addService(googletag.pubads()); googletag.defineSlot('/7049/NikkeiEnglish_300*250_2', [300, 250], 'div-gpt-ad-1375260461786-0').addService(googletag.pubads()); googletag.defineSlot('/7049/NikkeiEnglish_300*250_3', [300, 250], 'div-gpt-ad-1404116812193-0').addService(googletag.pubads()); googletag.defineSlot('/7049/NikkeiEnglish_InRead_Article', [1, 1],'div-gpt-ad-1396427317542-0').addService(googletag.pubads()); googletag.defineSlot('/7049/NikkeiEnglish_InBoard_Article', [1, 1], 'div-gpt-ad-1410933087819-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); }); </script> <script type="text/javascript"> var YUI3_config = {base: "/extension/ezjscore/design/standard/lib/yui/3.9.0/build/", modules: {}, combine: false}; var YUI2_config = {base: "/extension/ezjscore/design/standard/lib/yui/2.8.2/build/", modules: {}, combine: false}; </script> <script type="text/javascript" src="/web/20160602041842js_/http://asia.nikkei.com/js/7bebe13.js"></script> <script type="text/javascript"> <!-- user_category =""; login_flag = false; var authority = "A1"; var memberId = ""; var aid = ""; var contractId = "" ; var contractName = "" ; --> </script> <script type="text/javascript"><!-- $(function() { if(("user_section" in window) && ("user_status" in window)){ if (user_section == 1 && user_status == 2){ if(!NAR_js.has_cookie('odm')) { NAR_js.modal_gd('02_01'); NAR_js.set_oneday_cookie('odm'); } } } }); --></script> <script>(function() { var _fbq = window._fbq || (window._fbq = []); if (!_fbq.loaded) { var fbds = document.createElement('script'); fbds.async = true; fbds.src = '//web.archive.org/web/20160602041842/http://connect.facebook.net/en_US/fbds.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(fbds, s); _fbq.loaded = true; } _fbq.push(['addPixelId', '1076130949081971']); })(); window._fbq = window._fbq || []; window._fbq.push(['track', 'PixelInitialized', {}]); </script> <noscript><img height="1" width="1" alt="" style="display:none" src="https://web.archive.org/web/20160602041842im_/https://www.facebook.com/tr?id=1076130949081971&ev=PixelInitialized"/></noscript> <script src="//web.archive.org/web/20160602041842js_/http://assets.adobedtm.com/43692acb8f62beca52063bd53825dcc138f4617b/satelliteLib-f0b759d61953ea549c6cc70abb26c8ddca3274f5.js"></script> </head> <body> <div id="fb-root"></div> <script type="text/javascript"> window.fbAsyncInit = function() { // FB initialize FB.init({ appId : '250799988299057', xfbml : true, version : 'v2.5' }); // Subscribe to the Like event FB.Event.subscribe('edge.create',function(response){ var narURL = window.location.href; ga('send', 'social', { 'socialNetwork': 'Facebook', 'socialAction': 'follow', 'socialTarget': narURL }); ga('send', 'event', 'Facebook', 'follow', 'Facebook-follow',0, {nonInteraction:true}); }); // Subscribe to the UnLike event FB.Event.subscribe('edge.remove',function(response){ var narURL = window.location.href; ga('send', 'social', { 'socialNetwork': 'Facebook', 'socialAction': 'unfollow', 'socialTarget': narURL }); ga('send', 'event', 'Facebook', 'unfollow', 'Facebook-unfollow',0, {nonInteraction:true}); }); }; (function(d, s, id){ var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) {return;} js = d.createElement(s); js.id = id; js.src = "//web.archive.org/web/20160602041842/http://connect.facebook.net/en_US/sdk.js"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk')); window.twttr = (function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0], t = window.twttr || {}; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "https://web.archive.org/web/20160602041842/https://platform.twitter.com/widgets.js"; fjs.parentNode.insertBefore(js, fjs); t._e = []; t.ready = function(f) { t._e.push(f); }; return t; }(document, "script", "twitter-wjs")); </script> <!-- /#header --> <div id="header"> <div class="header-banner"> <!-- NikkeiEnglish_728*90--> <div id="div-gpt-ad-1375148224113-0" style="width:728px; height:90px;"> <script type="text/javascript"> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1375148224113-0'); }); </script> </div> <div id="login_before" class=""><a href="https://web.archive.org/web/20160602041842/https://regist.asia.nikkei.com/member/register/?n_cid=NARAN041"><img src="/web/20160602041842im_/http://asia.nikkei.com/static/pr/20160107-pc_header230x90.jpg" alt=""/></a></div> <div id="login_after" class="display_none"><a href="/web/20160602041842/http://asia.nikkei.com/magazine/?n_cid=NARAN068"><img src="/web/20160602041842im_/http://asia.nikkei.com/static/pr/20160107-pc_header230x90_rtm.jpg" alt=""/></a></div> <script language="JavaScript" type="text/javascript"> NAR_js.pr_header(); </script> </div> <div class="header-content"> <div class="logo"><a href="/web/20160602041842/http://asia.nikkei.com/"><img src="/web/20160602041842im_/http://asia.nikkei.com/images/img_logo.png" alt="Nikkei Asian Review"/></a></div> <div class="header-tool"> <ul class="base-list"> <li class="sp-l-menu ct_hidden"><a href="javascript:void(0)" class="js_balloon">Log in</a></li> <li class="sp-l-menu"><a href="/web/20160602041842/http://asia.nikkei.com/member/register/?n_cid=NARAN040">Subscribe</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/about">About Nikkei Asian Review</a></li> </ul> <div> <div class="change-region">Sort by Region <table> <tr> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=1">Mainland China</a></td> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=2">North Korea</a></td> </tr> <tr> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=3">South Korea</a></td> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=4">Japan</a></td> </tr> <tr> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=5">Taiwan</a></td> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=6">Hong Kong, Macau</a></td> </tr> <tr> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=7">Vietnam</a></td> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=8">Laos, Cambodia, Myanmar</a></td> </tr> <tr> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=9">Thailand</a></td> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=10">Malaysia</a></td> </tr> <tr> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=11">Singapore</a></td> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=12">Philippines</a></td> </tr> <tr> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=13">Indonesia</a></td> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=14">India</a></td> </tr> <tr> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=15">Pakistan, Bangladesh,Sri Lanka, Nepal, Bhutan</a></td> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=16">Mongolia, Central Asia, Afghanistan</a></td> </tr> <tr> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=17">Russia, Caucasus</a></td> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=18">Australia, New Zealand, Pacific Islands</a></td> </tr> <tr> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=19">Turkey</a></td> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=20">Iran</a></td> </tr> <tr> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=21">Middle East, North Africa</a></td> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=22">Sub-Saharan Africa</a></td> </tr> <tr> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=23">Europe</a></td> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=24">North America</a></td> </tr> <tr> <td><a href="/web/20160602041842/http://asia.nikkei.com/search/findByRegion?facet_region=25">Latin America</a></td> </tr> </table> </div> <div> <form name="searchHeadArticles" action="/web/20160602041842/http://asia.nikkei.com/search/find"> <div class="search-box" id="ezautocomplete"> <input id="SearchText" class="pHolder" name="search_keyword" autocomplete="off" type="text" title="Search articles"/> <a href="#">search</a> <div id="header-autocomplete-rs"></div> </div> </form> <script language="JavaScript" type="text/javascript"> jQuery('#header-autocomplete-rs').css('width', '174px'); var autocomplete = new eZAJAXAutoComplete({ url: "/ezjscore/call/custom::autocomplete", inputid: 'SearchText', containerid: 'header-autocomplete-rs', minquerylength: 2, resultlimit: 5 }); </script> </div> <div> <form name="searchHeadCompanies" action="/web/20160602041842/http://asia.nikkei.com/Company/SearchResults"> <div class="search-box" id="ezautocomplete"> <input id="SearchText" class="pHolder" name="search_keyword" autocomplete="off" type="text" title="Search companies"/> <a href="#">search</a> </div> </form> </div> </div> </div> <div id="modal-login-balloon"> <div class="js_form-login-balloon_loading-layer" style="position: absolute; top: 0; left: 0; right: 0; bottom: 0; background: rgba(255, 255, 255, 0.3); z-index: 120; display: none;"></div> <img src="/web/20160602041842im_/http://asia.nikkei.com/images/bg_load_2.gif" alt="loading..." class="js_form-login-balloon_loading-img" style="position: absolute; top: 50%; left: 50%; margin-left: -24px; margin-top: -24px; z-index: 150; display: none;"/> <form id="js_form-login-balloon" class="bg" action="https://web.archive.org/web/20160602041842/https://regist.asia.nikkei.com/member/auth/login/process"> <div class="login-form"> <h3 class="title">Log in</h3> <div class="input-form"> <dl> <dt>E-mail address/ID</dt> <dd class="js_valid js_notnull js_type_loginId"> <input type="text" class="js_vc-mail" name="formLogin[loginId]" id="js_form-login-balloon_loginId" msg_require="Please enter your e-mail address/ID" msg_type="Please enter valid e-mail address/ID" maxlength="100" style="ime-mode: disabled;"/> <p class="error"></p> </dd> <dt>Password<span class="arrow"><a href="/web/20160602041842/http://asia.nikkei.com/member/password/" tabindex="-1">Forgot password?</a></span></dt> <dd class="js_valid js_notnull"> <input type="password" name="formLogin[password]" id="js_form-login-balloon_password" msg_require="Please enter your password" maxlength="30"/> <p class="error"></p> </dd> </dl> <div><label><input type="checkbox" checked="checked" name="formLogin[rememberMe]" id="js_form-login-balloon_rememberMe"/>Remember me</label></div> <div class="login-btn"><button type="submit" id="login-balloon-submit" class="general-submit-btn js_btn-submit"><span>Log in</span></button></div> <input type="hidden" name="formLogin[mode]" id="js_form-login-balloon_mode" value="NORMAL"/> </div> </div> </form> <a class="close-btn js_close">close</a> <script type="text/javascript"><!-- $(document).ready( function() { $("#js_form-login-balloon").submit( function() { NAR_js.login($("#js_form-login-balloon")); return false; }); }); --></script> </div><!-- /#login-balloon --> </div> <div class="navigation active"> <div class="inner"> <ul> <li><a href="/web/20160602041842/http://asia.nikkei.com/">Home</a></li> <li class="list-open"> <a href="/web/20160602041842/http://asia.nikkei.com/Politics-Economy/">Politics & Economy</a> <div class="list-menu"> <ul> <li><a href="/web/20160602041842/http://asia.nikkei.com/Politics-Economy/Policy-Politics">Policy & Politics</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Politics-Economy/Economy/">Economy</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Politics-Economy/International-Relations/">International Relations</a></li> </ul> </div> </li> <li class="list-open"> <a href="/web/20160602041842/http://asia.nikkei.com/Business/">Business</a> <div class="list-menu"> <ul> <li><a href="/web/20160602041842/http://asia.nikkei.com/Business/Companies/">Companies</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Business/AC"> Asia300</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Business/Trends/">Trends</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Business/Deals">Deals</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Business/Executive-Lounge">Executive Lounge</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Business/Consumers/">Consumers</a></li> </ul> </div> </li> <li class="list-open"> <a href="/web/20160602041842/http://asia.nikkei.com/Markets/">Markets</a> <div class="list-menu"> <ul> <li><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Capital-Markets/">Capital Markets</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Equities">Equities</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/">Currencies</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Commodities/">Commodities</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Property/">Property</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Tokyo-Market/">Tokyo Market</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Nikkei-PMI/">Nikkei PMI</a></li> </ul> </div> </li> <li class="list-open"> <a href="/web/20160602041842/http://asia.nikkei.com/Tech-Science/">Tech & Science</a> <div class="list-menu"> <ul> <li><a href="/web/20160602041842/http://asia.nikkei.com/Tech-Science/Tech/">Tech</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Tech-Science/Science/">Science</a></li> </ul> </div> </li> <li class="list-open"> <a href="/web/20160602041842/http://asia.nikkei.com/Viewpoints/">Viewpoints</a> <div class="list-menu"> <ul> <li><a href="/web/20160602041842/http://asia.nikkei.com/Viewpoints/Viewpoints/">Viewpoints</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Viewpoints/Editorial/">Editorial</a></li> </ul> </div> </li> <li class="list-open"> <a href="/web/20160602041842/http://asia.nikkei.com/Life-Arts/">Life & Arts</a> <div class="list-menu"> <ul> <li><a href="/web/20160602041842/http://asia.nikkei.com/Life-Arts/Life/">Life</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Life-Arts/Arts/">Arts</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Life-Arts/Japan-Trends/">Japan Trends</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Life-Arts/Education/">Education</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Life-Arts/Milestone/">Milestone</a></li> </ul> </div> </li> <li class="list-open"> <a>Features</a> <div class="list-menu"> <ul> <li><a href="/web/20160602041842/http://asia.nikkei.com/Features/The-Future-of-Asia-2016/">The Future of Asia 2016</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Features/Obama-s-historic-visit-to-Hiroshima/">Obama's visit to Hiroshima</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Features/G-7-summit-in-Ise-Shima/">Ise-Shima summit</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Features/Taiwan-s-transition-Challenge-ahead-for-President-Tsai/">Taiwan's transition</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Features/Duterte-s-Philippines/">Duterte's Philippines</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Features/Mitsubishi-Motors-emissions-scandal/">Mitsubishi Motors scandal</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Features/Kyushu-earthquakes/">Kyushu earthquakes</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Features/Panama-Papers/">Panama Papers</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Features/North-Korea-launches-long-range-rocket/">Pyongyang provocation</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Features/China-up-close/">China up close</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Features/CEO-in-the-news/">CEO in the news</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Features/Company-in-focus/">Company in focus</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Features/Tea-Leaves/">Tea Leaves</a></li> </ul> </div> </li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Japan-Update/">Japan Update</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/magazine">Print Edition</a></li> </ul> </div> </div> </div><!-- /#header --> <div id="content"> <div class="primary"> <div class="topic-path"> <ul> <li class="last"><a href="/web/20160602041842/http://asia.nikkei.com/Markets">Markets</a></li> </ul> </div> <h1 class="glance">Currencies</h1> <div class="article list-area"> <div class="article-box"> <div class="column-layout feature list no-image"> <div class="feature-article"> <h2 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/Weakening-yuan-stirs-fears-of-yen-surge">Weakening yuan stirs fears of yen surge</a></h2> <p>TOKYO -- The yuan's latest slide against the dollar has made few waves in the foreign exchange market. But the lingering risk of turbulence set off by a steep depreciation of China's currency is keeping investors on guard for a rapidly strengthening ...</p> </div> </div> </div> <div class="article-list "> <div class="article-box text-list"> <ul> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/Yuan-resumes-slide-against-greenback">Yuan resumes slide against greenback</a></h3> <p>SHANGHAI -- The Chinese currency has fallen nearly 2% against the dollar since the start of May, but the market remains calm under the prevailing view that no dramatic movements are likely in the near term.The People's Bank of China announces the off...</p> </li> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/Embers-of-US-Japan-currency-dispute-still-burn">Embers of US-Japan currency dispute still burn</a></h3> <p>ISE-SHIMA, Japan -- U.S. President Barack Obama reiterated Washington's position against currency manipulation at the Ise-Shima Group of Seven summit, which wrapped up Friday, maintaining a wide gulf with Tokyo's desire to find a solution to the risi...</p> </li> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/Why-China-s-investors-aren-t-sweating-the-yuan-s-latest-slide">Why China's investors aren't sweating the yuan's latest slide</a></h3> <p>HONG KONG -- China's stock market retained its composure Wednesday after the central bank set the weakest reference rate for the yuan in more than five years -- a marked contrast with the panic that accompanied the currency's depreciation early this ...</p> </li> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/China-fixes-yuan-at-weakest-level-vs-dollar-in-more-than-5-years">China fixes yuan at weakest level vs dollar in more than 5 years</a></h3> <p>BEIJING (Dow Jones) -- The People's Bank of China set its daily yuan-fixing at the weakest level against the U.S. dollar in more than five years Wednesday.The so-called yuan fix was set at 6.5693, the weakest level against the greenback since March 2...</p> </li> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/Hong-Kong-bourse-to-roll-out-yuan-futures">Hong Kong bourse to roll out yuan futures</a></h3> <p>HONG KONG -- Hong Kong Exchanges & Clearing is set to launch four yuan-related currency futures on May 30, providing additional risk-management options for traders.The cash-settled futures will track the yuan's movement against the U.S. dollar, euro,...</p> </li> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/Dollar-edges-up-to-mid-109-yen-topside-capped-by-risk-aversion">Dollar edges up to mid-109 yen, topside capped by risk aversion</a></h3> <p>TOKYO (Kyodo) -- The U.S. dollar edged up to the mid-109 yen range on Tuesday in Tokyo but its topside was heavy amid risk aversion following weak global stocks and falling oil prices.At 5 p.m., the dollar fetched 109.53-54 yen compared with 109.19-2...</p> </li> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/Speculators-eye-113-zone-for-softening-yen">Speculators eye 113 zone for softening yen</a></h3> <p>TOKYO -- Speculation that the yen will continue weakening against the dollar is growing in the foreign exchange market here, with the big question being whether the Japanese currency will soften beyond the 113 level.The sellers are overseas speculati...</p> </li> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/Dollar-retreats-to-upper-109-yen-on-Japanese-stock-plunge">Dollar retreats to upper 109 yen on Japanese stock plunge</a></h3> <p>TOKYO (Kyodo) -- The U.S. dollar dropped to the upper 109 yen range Monday morning in Tokyo as a plunge in Japanese stocks prompted traders to seek the perceived safety of the yen.At noon, the dollar fetched 109.80-81 yen compared with 110.17-27 yen ...</p> </li> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/Dollar-falls-vs-yen-after-Japan-logs-larger-than-expected-trade-surplus">Dollar falls vs yen after Japan logs larger-than-expected trade surplus</a></h3> <p>TOKYO/SYDNEY (Reuters) -- The dollar fell versus the yen on Monday, dragged lower by sliding Tokyo stocks and data showing Japan logged a much larger-than-expected trade surplus in April.The greenback was down 0.5 percent at 109.720 yen, pulling back...</p> </li> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/Dollar-stays-in-lower-110-yen-zone-in-early-Tokyo-deals">Dollar stays in lower 110 yen zone in early Tokyo deals</a></h3> <p>TOKYO (Kyodo)--The U.S. dollar traded in the lower 110 yen zone early Monday in Tokyo, down slightly from its levels late last week in New York.At 9 a.m., the dollar fetched 110.05-06 yen compared with 110.17-27 yen in New York and 110.27-29 yen in T...</p> </li> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/US-warns-against-currency-devaluations-in-talks-with-Aso">US warns against currency devaluations in talks with Aso</a></h3> <p>SENDAI, Japan -- (Kyodo) U.S. Treasury Secretary Jack Lew on Saturday warned against competitive currency devaluations in bilateral talks with Japanese Finance Minister Taro Aso, the U.S. government said.In the meeting in northeastern Japan, Lew also...</p> </li> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/Dollar-stays-near-110-yen-line-in-early-Tokyo-deals">Dollar stays near 110 yen line in early Tokyo deals</a></h3> <p>TOKYO (Kyodo)--The U.S. dollar traded near the 110 yen line early Friday morning in Tokyo, little changed from its overnight levels in New York.At 9 a.m., the dollar fetched 109.91-92 yen compared with 109.90-110.00 yen in New York and 110.07-09 yen ...</p> </li> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/Dollar-hits-3-week-high-vs.-yen-after-hawkish-Fed-minutes">Dollar hits 3-week high vs. yen after hawkish Fed minutes</a></h3> <p>TOKYO (Kyodo) -- The U.S. dollar hit a three-week high above the 110 yen line Thursday in Tokyo after the minutes of the U.S. central bank's latest policy meeting rekindled expectations of an early interest rate hike.The dollar rose to 110.39 yen at ...</p> </li> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/Retail-forex-traders-could-hinder-yen-intervention">Retail forex traders could hinder yen intervention</a></h3> <p>TOKYO -- Individuals conducting heavily leveraged currency trading could negate Japanese authorities' efforts to weaken the yen with market interventions, taking profits by snapping up the currency when its value begins to drop.The yen has been on a ...</p> </li> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/Dollar-inches-up-in-109-yen-recoups-losses-from-upbeat-Japan-data">Dollar inches up in 109 yen, recoups losses from upbeat Japan data</a></h3> <p>TOKYO (Kyodo) -- The U.S. dollar edged higher in the lower 109 yen zone Wednesday morning in Tokyo on upbeat U.S. inflation data and gains in Tokyo stocks, erasing earlier losses prompted by stronger-than-expected Japan's growth data.At noon, the dol...</p> </li> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/Dollar-stays-just-above-109-yen-in-early-Tokyo-deals">Dollar stays just above 109 yen in early Tokyo deals</a></h3> <p>TOKYO (Kyodo) -- The U.S. dollar stayed just above 109 yen early Wednesday morning in Tokyo, slightly lower than its overnight levels in New York. At 9 a.m., the dollar fetched 109.04-05 yen compared with 109.11-21 yen in New York and 109.40-41 yen i...</p> </li> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/Tokyo-Washington-trade-blows-over-yen-intervention">Tokyo, Washington trade blows over yen intervention</a></h3> <p>TOKYO/WASHINGTON -- Japan and the U.S. continue to clash over whether Tokyo should step in to dampen a strengthening yen, with Japan's addition to an American list of potential currency manipulators generating further friction.A top U.S. Treasury off...</p> </li> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/Dollar-barely-moves-near-109-yen-ahead-of-G-7-finance-meeting">Dollar barely moves near 109 yen ahead of G-7 finance meeting</a></h3> <p>TOKYO (Kyodo) -- The U.S. dollar was virtually flat near the 109 yen line Tuesday morning in Tokyo, as traders refrained from taking bold moves ahead of the release of Japan's growth data and the Group of Seven finance chiefs' meeting later this week...</p> </li> <li> <h3 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/Asian-shares-recover-after-Apple-oil-boost-Wall-St">Asian shares recover after Apple, oil boost Wall St</a></h3> <p>TOKYO (Reuters) -- Asian shares recovered from two-month lows on Tuesday after a rebound in technology giant Apple Corp and oil price gains boosted Wall Street.MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent, extending the...</p> </li> </ul> </div> <div class="pagination"> <div class="first-page"></div> <ul class="page-number"> <li style="width:83px;"></li> <li class="current">1</li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/?page=2">2</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/?page=3">3</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/?page=4">4</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/?page=5">5</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/?page=6">6</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/?page=7">7</a></li> <li style="width:83px;"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/?page=2" class="next">Next ></a></li> </ul> <div class="last-page"><a href="/web/20160602041842/http://asia.nikkei.com/Markets/Currencies/?page=15">Last >></a></div> </div> </div> </div> </div> <div class="secondary"> <script type="text/javascript" src="https://web.archive.org/web/20160602041842js_/http://www.nikkei.co.jp/gifdata/indices.js"></script> <script src="/web/20160602041842js_/http://asia.nikkei.com/JavaScript/custom/market_v001.js"></script> <div class="link-box GCCMD_removeall"> <h5 class="title">Market data</h5> <table class="market-data"> <tr class="odd"> <th>Nikkei 225</th> <td> <script type="text/javascript"> document.write(NK225_CUR); </script> </td> <script type="text/javascript"> diffValue(NK225_DIFF); diffPercent(NK225_CUR,NK225_DIFF); </script> </tr> <tr> <th>DJIA</th> <td> <script type="text/javascript"> document.write(DJIA_D_CUR); </script> </td> <script type="text/javascript"> diffValue(DJIA_D_DIFF); diffPercent(DJIA_D_CUR,DJIA_D_DIFF); </script> </tr> <tr class="odd"> <th>Hang Seng</th> <td> <script type="text/javascript"> document.write(HANS_CUR); </script> </td> <script type="text/javascript"> diffValue(HANS_DIFF); diffPercent(HANS_CUR,HANS_DIFF); </script> </tr> <tr> <th>USD/JPY</th> <td> <script type="text/javascript"> document.write(usjpA_CUR); </script> </td> <script type="text/javascript"> diffValue(usjpA_DIFF); diffPercent(usjpA_CUR,usjpA_DIFF); </script> </tr> <tr class="odd"> <th>USD/CNY</th> <td> <script type="text/javascript"> document.write(cnusA_CUR); </script> </td> <script type="text/javascript"> diffValue(cnusA_DIFF); diffPercent(cnusA_CUR,cnusA_DIFF); </script> </tr> </table> <div>Data delayed by at least 15 minutes.</div> <div class="more"><a href="https://web.archive.org/web/20160602041842/http://indexes.nikkei.co.jp/en/nkave/index/component" target="_blank">Nikkei 225 Components</a></div> <div class="more"><a href="https://web.archive.org/web/20160602041842/http://indexes.nikkei.co.jp/en/nkave" target="_blank">About Nikkei Indexes</a></div> </div> <div class="rectangle"> <!-- NikkeiEnglish_300*250_1 --> <div id="div-gpt-ad-1375148072299-0" style="width:300px;"> <script type="text/javascript"> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1375148072299-0'); }); </script> </div> </div> <!-- Follow Nikkei Asian Review --> <div class="link-box"> <h5 class="title">Follow Nikkei Asian Review</h5> <table class="follow-nar"> <tr> <th><div class="fb-like" data-href="https://www.facebook.com/nikkeiasianreview/" data-layout="button_count" data-action="like" data-show-faces="false" data-share="false"></div></th> <td class="Facebook">The best content posted</td> </tr> <tr> <th><a href="https://web.archive.org/web/20160602041842/https://twitter.com/NAR" class="twitter-follow-button" data-show-count="false">Follow @NAR</a> </th> <td class="Twitter">The latest headlines tweeted</td> </tr> </table> </div> <div class="link-box "> <h5 class="title"><a href="/web/20160602041842/http://asia.nikkei.com/Latestheadlines">Latest headlines</a></h5> <ul class="headline-list"> <li> <a href="/web/20160602041842/http://asia.nikkei.com/Markets/Commodities/Philippine-banana-blight-feeds-price-surge-in-Japan">Philippine banana blight feeds price surge in Japan</a> </li> <li> <a href="/web/20160602041842/http://asia.nikkei.com/Politics-Economy/Policy-Politics/No-more-excuses-Reform-must-go-on">No more excuses: Reform must go on</a> </li> <li> <a href="/web/20160602041842/http://asia.nikkei.com/Business/Trends/NAND-flash-memory-prices-likely-to-climb-again">NAND flash memory prices likely to climb again</a> </li> <li> <a href="/web/20160602041842/http://asia.nikkei.com/Business/Deals/SoftBank-s-Alibaba-sale-increases-to-8.9bn">SoftBank's Alibaba sale increases to $8.9bn</a> </li> <li> <a href="/web/20160602041842/http://asia.nikkei.com/magazine/20160602-THE-BUSINESS-of-HALAL/Viewpoints/Editorial-Obama-s-Hiroshima-visit-can-inspire-steps-toward-Asian-stability">Editorial: Obama's Hiroshima visit can inspire steps toward Asian stability</a> </li> </ul> <div class="more"><a href="/web/20160602041842/http://asia.nikkei.com/Latestheadlines">more</a></div> </div> <div class="link-box "> <h5 class="title">Most read</h5> <ul class="ranking-list"> <li class="number1"> <a href="/web/20160602041842/http://asia.nikkei.com/Business/Companies/Apple-to-extend-iPhone-s-product-cycle"><span class="sub-title-s">Exclusive: </span>Apple to extend iPhone's product cycle</a> </li> <li class="number2"> <a href="/web/20160602041842/http://asia.nikkei.com/Japan-Update/Panasonic-to-pull-plug-on-LCD-TV-panels"><span class="sub-title-s">Exclusive: </span>Panasonic to pull plug on LCD TV panels</a> </li> <li class="number3"> <a href="/web/20160602041842/http://asia.nikkei.com/Politics-Economy/Economy/Tokyo-s-plan-to-spark-growth-could-prove-a-flash-in-the-pan">Tokyo's plan to spark growth could prove a flash in the pan</a> </li> <li class="number4"> <a href="/web/20160602041842/http://asia.nikkei.com/Business/Deals/Toyota-nearing-deal-to-buy-robot-maker-Boston-Dynamics-from-Google">Toyota nearing deal to buy robot maker Boston Dynamics from Google</a> </li> <li class="number5"> <a href="/web/20160602041842/http://asia.nikkei.com/Politics-Economy/Policy-Politics/Abe-the-decider-riles-own-party">Abe the decider riles own party</a> </li> </ul> </div> <div class="link-box"> <h5 class="title">Japanese companies</h5> <ul class="headline-list about-nk-index"> <li><a href="https://web.archive.org/web/20160602041842/http://indexes.nikkei.co.jp/en/nkave/index/component" target="_blank">Nikkei 225 Components</a></li> </ul> </div> <div class="rectangle"> <!-- NikkeiEnglish_300*250_2 --> <div id="div-gpt-ad-1375260461786-0" style="width:300px;"> <script type="text/javascript"> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1375260461786-0'); }); </script> </div> </div> <!-- Videos --> <div class="link-box videos"> <h5 class="title"><a href="https://web.archive.org/web/20160602041842/http://video.asia.nikkei.com/">Videos</a></h5> <div class="column-layout"> <ul class="video-detail"> <li> <a href="https://web.archive.org/web/20160602041842/http://video.asia.nikkei.com/detail/videos/select/video/4919098319001/philippines-pushes-asean-centrality"> <img src="/web/20160602041842im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/video/2016/philippine-interview/4587005-1-eng-GB/Philippine-Interview.jpg" width="80" alt=""> <p>Philippines keeps ASEAN growth in mind</p> </a> </li> <li> <a href="https://web.archive.org/web/20160602041842/http://video.asia.nikkei.com/detail/videos/select/video/4921836635001/thailand-looking-to-be-part-of-tpp"> <img src="/web/20160602041842im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/video/2016/thai-interview/4587016-1-eng-GB/Thai-Interview.jpg" width="80" alt=""> <p>Thailand's intent to join TPP</p> </a> </li> <li> <a href="https://web.archive.org/web/20160602041842/http://video.asia.nikkei.com/detail/videos/select/video/4891324615001/us-navy-landing-practice-at-iwo-jima"> <img src="/web/20160602041842im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/video/2016/iwojima-touch-and-go/4487591-1-eng-GB/Iwojima-Touch-and-go.jpg" width="80" alt=""> <p>Touch-and-go practice on Iwojima</p> </a> </li> </ul> </div> <div class="more"><a href="https://web.archive.org/web/20160602041842/http://video.asia.nikkei.com/">more</a></div> </div> <div class="link-box "> <h5 class="title">Editor's picks</h5> <ul class="photo-list another-case"> <li> <a href="/web/20160602041842/http://asia.nikkei.com/Business/Companies/New-Nintendo-chief-Kimishima-breaks-with-the-past"> <img src="/web/20160602041842im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0530t/0530-nintendo/4574074-1-eng-GB/0530-nintendo_small_thumbnail.jpg" width="80" alt=""/> </a> <p> <a href="/web/20160602041842/http://asia.nikkei.com/Business/Companies/New-Nintendo-chief-Kimishima-breaks-with-the-past">New Nintendo chief Kimishima breaks with the past</a> </p> </li> <li> <a href="/web/20160602041842/http://asia.nikkei.com/Politics-Economy/International-Relations/David-I.-Steinberg-US-moves-on-Vietnam-and-Myanmar-highlight-glaring-discrepancies"> <img src="/web/20160602041842im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0529t/20160529_suukyi/4572352-1-eng-GB/20160529_suukyi_small_thumbnail.jpg" width="80" alt=""/> </a> <p> <a href="/web/20160602041842/http://asia.nikkei.com/Politics-Economy/International-Relations/David-I.-Steinberg-US-moves-on-Vietnam-and-Myanmar-highlight-glaring-discrepancies"><span class="sub-title-s">Commentary: </span>David I. Steinberg -- US moves on Vietnam and Myanmar highlight glaring discrepancies</a> </p> </li> <li> <a href="/web/20160602041842/http://asia.nikkei.com/Business/Trends/Online-pyramid-schemes-proliferating-in-China"> <img src="/web/20160602041842im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/0530-onlinpyramid/4575480-1-eng-GB/0530-onlinpyramid_small_thumbnail.jpg" width="80" alt=""/> </a> <p> <a href="/web/20160602041842/http://asia.nikkei.com/Business/Trends/Online-pyramid-schemes-proliferating-in-China">Online pyramid schemes proliferating in China</a> </p> </li> <li> <a href="/web/20160602041842/http://asia.nikkei.com/Business/Companies/Soccer-coming-home-as-Adidas-returns-to-Germany"> <img src="/web/20160602041842im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0530t/20160530_adidas_thumnail/4575765-1-eng-GB/20160530_adidas_Thumnail_small_thumbnail.jpg" width="80" alt=""/> </a> <p> <a href="/web/20160602041842/http://asia.nikkei.com/Business/Companies/Soccer-coming-home-as-Adidas-returns-to-Germany">Soccer coming home as Adidas returns to Germany</a> </p> </li> <li> <a href="/web/20160602041842/http://asia.nikkei.com/Markets/Commodities/Iron-ore-heads-down-again-Lower-for-longer"> <img src="/web/20160602041842im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0527t/iron-ore-mine-in-west-australia-november-2015/4567902-1-eng-GB/Iron-ore-mine-in-West-Australia-November-2015_small_thumbnail.jpg" width="80" alt=""/> </a> <p> <a href="/web/20160602041842/http://asia.nikkei.com/Markets/Commodities/Iron-ore-heads-down-again-Lower-for-longer"><span class="sub-title-s">Commodities eye: </span>Iron ore heads down again -- Lower for longer?</a> </p> </li> </ul> </div> <div class="rectangle"> <!-- NikkeiEnglish_300*250_3 --> <div id="div-gpt-ad-1404116812193-0" style="width:300px;"> <script type="text/javascript"> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1404116812193-0'); }); </script> </div> </div> <!-- NikkeiEnglish_InRead_Article --> <div id="div-gpt-ad-1396427317542-0" style="width:1px; height:1px;"> <script type="text/javascript"> var obCheck = document.querySelectorAll('.articleBodyText p').length; var vdCheck = document.querySelectorAll('.BrightcoveExperience param').length; if ((obCheck >= 1) && !(vdCheck >= 1)) { if((authority == "A1" || authority == "A2") && (cms_section == 8 || cms_section == 10)){ var current_cookie_name = String(now_date.getFullYear())+String(now_date.getMonth()+1)+"vc"; var current_user_view_count = getCookie(current_cookie_name); var current_cookie_nameList = current_cookie_name+"l"; var current_user_view_article_list = getCookieList(current_cookie_nameList); var in_array_flag = false; for(var i = 0; i < current_user_view_article_list.length; i++) { if(current_user_view_article_list[i] == article) { in_array_flag = true; } } if((authority == "A1") && (current_user_view_count >= article_limit) && !in_array_flag){ } else if((authority == "A2") && (current_user_view_count >= article_limit_free) && !in_array_flag) { } else { googletag.cmd.push(function() { googletag.display('div-gpt-ad-1396427317542-0'); }); } } else if((authority == "A1" || authority == "A2") && (cms_section == 9)){ } else { googletag.cmd.push(function() { googletag.display('div-gpt-ad-1396427317542-0'); }); } } </script> </div> <!-- NikkeiEnglish_InBoard_Article --> <div id="div-gpt-ad-1410933087819-0" style="width:1px; height:1px;"> <script type="text/javascript"> var obCheck = document.querySelectorAll('.articleBodyText p').length; var vdCheck = document.querySelectorAll('.BrightcoveExperience param').length; if ((obCheck >= 1) && !(vdCheck >= 1)) { googletag.cmd.push(function() { googletag.display('div-gpt-ad-1410933087819-0'); }); } </script> </div> </div> </div><!-- /#content --> <div id="footer"> <div class="footer-content"> <img src="/web/20160602041842im_/http://asia.nikkei.com/images/img_logo_footer.png" alt="Nikkei Asian Review"/> <div class="footer-link"> <ul class="snsicon-list"> <li class="Facebook"><a href="https://web.archive.org/web/20160602041842/https://www.facebook.com/nikkeiasianreview" target="_blank">Facebook</a></li> <li class="Twitter"><a href="https://web.archive.org/web/20160602041842/https://twitter.com/NAR" target="_blank">Twitter</a></li> <li class="LinkedIn"><a href="https://web.archive.org/web/20160602041842/http://www.linkedin.com/company/nikkei-asian-review" target="_blank">LinkedIn</a></li> <li class="Google"><a href="https://web.archive.org/web/20160602041842/https://plus.google.com/105293795757249725929/posts" target="_blank">Google+</a></li> <li class="YouTube"><a href="https://web.archive.org/web/20160602041842/https://www.youtube.com/user/NikkeiAsia" target="_blank">YouTube</a></li> <li class="RSS"><a href="/web/20160602041842/http://asia.nikkei.com/info/rss" target="_blank">RSS</a></li> </ul> <ul class="appstore-link"> <li><a href="https://web.archive.org/web/20160602041842/http://itunes.com/apps/thenikkeiasianreview" target="_blank"><img src="/web/20160602041842im_/http://asia.nikkei.com/images/banner_appstore_l.png" alt="App store"/></a></li> <li><a href="https://web.archive.org/web/20160602041842/https://play.google.com/store/apps/details?id=com.nikkei.asianreview" target="_blank"><img src="/web/20160602041842im_/http://asia.nikkei.com/images/banner_googleplay_l.png" alt="google play"/></a></li> </ul> </div> </div> <ul class="footer-nav base-list"> <li><a href="/web/20160602041842/http://asia.nikkei.com/info/about">About Nikkei Asian Review</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/info/sitemap">Site map</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/info/help">Help</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/contact">Contact us</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/info/terms-of-use">Terms of use</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/info/copyright">Copyright</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/info/privacy">Privacy & cookie policy</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/info/advertising">Advertising</a></li> <li><a href="/web/20160602041842/http://asia.nikkei.com/info/announcements">Announcements</a></li> </ul> <div class="footer-tool"> <div class="copyright">Copyright © 2016 Nikkei Inc. All rights reserved.</div> <div class="language"> <ul class="base-list"> <li><a href="https://web.archive.org/web/20160602041842/http://www.nikkei.com/" target="_BLANK">Japanese</a></li> <li><a href="https://web.archive.org/web/20160602041842/http://cn.nikkei.com/" target="_BLANK">Chinese</a></li> </ul> </div> </div> </div><!-- /#footer --> <div id="ms-link"> <ul> <li><a href="javascript:void(0);" onclick="javascript:NAR_js.view_change('sp');">Mobile site</a></li> </ul> </div> <div id="modal_gd02_01" class="util"> <h3 class="title">Update your payment information</h3> <div> <p>Your subscription renewal could not be processed. Please update your payment information to continue enjoying the Nikkei Asian Review.</p> <div class="login-btn"><a href="/web/20160602041842/http://asia.nikkei.com/member/edit/plan?return_url=/Markets/Currencies/&n_cid=NARAN007" class="general-btn" id="resubscribe"><span>Resubscribe now</span></a></div> </div> <a class="close-btn js_close" href="#">Close</a> <div style="display:none" class="ga" id="MDLogin(FreeUser)"></div> </div><!-- /#modal --> <div id="modal-screen_gd02_01"></div> <div id="modal_gd06_01" class="util expiration"> <h3 class="title">Your trial period has expired</h3> <div> <p> Subscribe today to continue enjoying NAR.<br> • Unlimited access to asia.nikkei.com<br> • Unlimited access to NAR mobile and tablet apps<br> • Add delivery of NAR in print each week </p> <div class="login-btn"><a href="/web/20160602041842/http://asia.nikkei.com/member/register/?return_url=/Markets/Currencies/&n_cid=NARAN006" class="general-btn" id="subscribe"><span>See all offers and subscribe</span></a></div> </div> <a class="close-btn js_close" href="#">Close</a> <div style="display:none" class="ga" id="MDExpired(TrialUser)"></div> </div><!-- /#modal --> <div id="modal-screen_gd06_01"></div> <div id="modal_gd09_01" class="util expiration"> <img src="/web/20160602041842im_/http://asia.nikkei.com/images/img_logo.png" alt="nikkei asian review"/> <img src="/web/20160602041842im_/http://asia.nikkei.com/images/For_welcome_modal.png" alt="cover"/> <h3 class="title"></h3> <div> <p class="explain"> Nikkei Asian Review is the only publication that brings you Insight about Asia, from the inside out. XXcontractNameXX has enabled you free full access to Nikkei Asian Review. </p> <div class="login-btn"><a href="#" class="general-btn js_close"><span>Close this message</span></a></div></div> <a class="close-btn js_close" href="#">Close</a> <div style="display:none" class="ga" id="MDWelcome(IPUser)"></div> <div style="display:none" class="value" id=""></div> </div><!-- /#modal --> <div id="modal-screen_gd09_01"></div> <div id="footer-script"> <script type="text/javascript"> var page = "1"; if(typeof authority === "undefined"){ var authority = ""; } if(typeof memberId === "undefined"){ var memberId = ""; } if(typeof contractId === "undefined"){ var contractId = ""; } var viewMode = "PC"; </script> <!--SiteCatalyst code--> <script type="text/javascript"> var now = new Date(); var pageName = location.href; var channel = "NAR"; var server = document.domain; var pageType = ""; var prop1 = "NAR-Markets"; var prop2 = "NAR-Markets-Currencies"; var prop3 = ""; var prop4 = ""; var prop5 = page; var prop6 = now.getHours(); var prop9 = ""; var prop10 = ""; var prop11 = ""; var prop12 = ""; var prop25 = ""; var prop26 = ""; var prop27 = ""; var prop28 = authority; var prop29 = ""; var prop34 = viewMode; var prop35 = contractId; var prop44 = memberId; </script> <!-- SiteCatalyst code version: H.9. Copyright 1997-2007 Omniture, Inc. More info available at http://www.omniture.com --> <script language="JavaScript" src="https://web.archive.org/web/20160602041842js_/http://parts.nikkei.com/parts/SC/NAR/s_codeNAR20141101.js"></script> <script language="JavaScript" src="https://web.archive.org/web/20160602041842js_/http://cdn.nikkei.com/parts/SC2/s_cDS.js"></script> <script language="JavaScript"> <!-- if(navigator.appVersion.indexOf('MSIE')>=0)document.write(unescape('%3C')+'\!-'+'-') //--></script> <noscript><a href="https://web.archive.org/web/20160602041842/http://www.omniture.com/" title="Web Analytics"><img src="https://web.archive.org/web/20160602041842im_/http://nikkei.d1.sc.omtrdc.net/b/ss/nikkeicojpgrpmstallprod,nikkeicojpdsmstallprod,nikkeicojpnarprod/1/H.9--NS/0" height="1" width="1" border="0" alt=""/> </a></noscript> <!--/DO NOT REMOVE/--> <!-- End SiteCatalyst code version: H.9. --> <!--/SiteCatalyst code--> <script> (function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o), m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m) })(window,document,'script','//web.archive.org/web/20160602041842/http://www.google-analytics.com/analytics.js','ga'); ga('create', 'UA-44606671-1', 'asia.nikkei.com'); // Set custom dimension if(login_flag != "undefined"){ ga('set', 'dimension1', login_flag); } if(authority != "undefined" && authority != ""){ ga('set','dimension2', authority); } if(memberId != "undefined" && memberId !=""){ ga('set','dimension3', memberId); } if( aid != ""){ ga('set','dimension4', aid); } if(viewMode != "undefined"){ ga('set','dimension5', viewMode); } if(contractId != "undefined"){ ga('set','dimension6', contractId); } // Send view ga('send', 'pageview'); // Send event if(NAR_js.isCount == true){ ga('send', 'event', 'Article', 'countUp', 'Article-countUp', NAR_js.user_view_count, {nonInteraction:true}); } if(NAR_js.oneClickFree == true){ ga('send', 'event', 'OneClickFree', 'view', 'OneClickFree-view',{nonInteraction:true} ); } setTimeout("ga('send', 'event', 'unbounce', '15_sec')", 15000); </script> <script> // Twitter api twttr.ready(function (twttr) { twttr.events.bind( 'follow', function (event) { var narURL = window.location.href; ga('send', 'social', { 'socialNetwork': 'Twitter', 'socialAction': 'follow', 'socialTarget': narURL }); ga('send', 'event', 'Twitter', 'follow', 'Twitter-follow',0,{nonInteraction:true}); } ); }); </script> <script type="text/javascript"> /* <![CDATA[ */ var google_conversion_id = 1000997403; var google_custom_params = window.google_tag_params; var google_remarketing_only = true; /* ]]> */ </script> <script type="text/javascript" src="//web.archive.org/web/20160602041842js_/http://www.googleadservices.com/pagead/conversion.js"> </script> <noscript> <div style="display:inline;"> <img height="1" width="1" style="border-style:none;" alt="" src="//web.archive.org/web/20160602041842im_/http://googleads.g.doubleclick.net/pagead/viewthroughconversion/1000997403/?value=0&guid=ON&script=0"/> </div> </noscript> <script type="text/javascript"> window._tfa = window._tfa || []; _tfa.push({notify:"action", name: 'page_view'}); </script> <script src="//web.archive.org/web/20160602041842js_/http://cdn.taboola.com/libtrc/nikkeiasianreview-sc/tfa.js"></script> </div> <script type="text/javascript">_satellite.pageBottom();</script> </body> </html> <!-- FILE ARCHIVED ON 04:18:42 Jun 02, 2016 AND RETRIEVED FROM THE INTERNET ARCHIVE ON 21:56:17 Dec 03, 2024. JAVASCRIPT APPENDED BY WAYBACK MACHINE, COPYRIGHT INTERNET ARCHIVE. ALL OTHER CONTENT MAY ALSO BE PROTECTED BY COPYRIGHT (17 U.S.C. SECTION 108(a)(3)). --> <!-- playback timings (ms): captures_list: 1.22 exclusion.robots: 0.041 exclusion.robots.policy: 0.024 esindex: 0.017 cdx.remote: 71.864 LoadShardBlock: 470.428 (6) PetaboxLoader3.datanode: 294.066 (7) PetaboxLoader3.resolve: 321.768 (2) load_resource: 461.462 -->