Japan moves to combat rising yen

Japan's leading shares rose as much as 3 percent after authorities intervened in the currency markets to weaken the value of the yen against the dollar.

The central bank stepped in to sell yen and buy dollars, a day after the yen hit a 15-year high against the dollar.

It is the first time in six years that the Bank of Japan has intervened, and further action has not been ruled out.

Editor's Comment
Women unite for progress

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