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Japan’s Honda to cut exports on high yen: report
Honda Motor intends to slash its exports from Japan by about half over the next decade as it looks to cope with a high yen, its president said in an interview published Wednesday. He added the Japanese automaker would focus on smaller vehicles at home in order to boost domestic sales in the near term.…
Breaking: Dollar hits 15-year low against Yen
VIA AP 8:13 AM ET: The U.S. dollar slid to a 15-year low against the yen Wednesday, dragged down by the anemic recovery in the world’s biggest economy. The greenback was quoted at 84.71 yen in London, the lowest since 1995. Investors stepped up selling of dollars after the Federal…
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