Yen slips after Trump-Abe meet, Asian shares firmThe dollar rose against the yen on Monday on relief that U.S. President Donald Trump set aside tough campaign rhetoric over security and jobs in a smooth meeting with Japanese Prime Minister Shinzo Abe, with no mention of currency policy. South Korean won, Chinese yuan and Japanese yen notes are seen on U.S. 100 dollar notes in this picture illustration taken in Seoul, South Korea, December 15, 2015. Asian stocks ticked up, helped by renewed optimism over Trump's tax reform plans, generally upbeat global economic data and Trump's change of tack to agree to honor the "one China" policy. The dollar rose as much as 0.9 percent against the yen to 114.17 yen, extending its rebound from 111.59 yen touched last Tuesday, which was its lowest level in 10 weeks. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.3 percent, led by resource-related shares.
Source: VietNamNet News February 13, 2017 01:52 UTC