Japan's new finance minister call for weaker yen

Date: Thu, 07 Jan 2010 12:00:58 -0500

JAPAN'S NEW FINANCE MINISTER CALL FOR WEAKER YEN
Japan's newly appointed Finance Minister Naoto Kan sends his nation's
currency significantly lower against its U.S. counterpart, as he uses
his inaugural press conference to talk down the yen.

DOLLAR UP AMID CHINA JITTERS, AHEAD OF U.S. JOBS
The dollar makes broad gains, in part precipitated by Japan's newly
appointed top finance official, who talks down the yen.

CHINESE CENTRAL BANK SENDS 'TIGHTENING SIGNAL'
China's central bank moves to guide interbank interest rates higher,
the latest in a series of actions that analysts say indicate a
"tightening bias" and could lay the groundwork for an eventual rate
hike.

SLOW GROWTH, LOW INFLATION STILL BEST BET: MINUTES
December meeting notes show central bankers still believe recovery
will be gradual, inflation will remain tame.