1.   As the yen falls, it erodes the returns foreigners earn on their investments when they convert their funds back into their own currencies.

2.   At an investment seminar yesterday in Tokyo sponsored by major financial institutions, Soros said the yen would fall against the dollar for the next two years.

3.   Automakers have shifted production from overseas factories to Japan as the yen has fallen against the dollar.

4.   China has repeatedly said that it will not devalue its currency, and Japan has said that it does not want the yen to fall.

5.   Every time the yen falls against the dollar, it lands on South Korean exporters.

6.   If the yen falls further, it could escalate the Asian financial crisis to a new level, particularly if China moves to devalue its currency.

7.   If its industries are to stay competitive, the yen must fall.

8.   In Japan, a decade-long economic decline is deepening, and Thursday, the Japanese yen fell to a seven-year low against the dollar.

9.   In Tokyo, the yen fell against the dollar amid concern that foreign funds are heading for the door.

10.   Japanese officials again warned Friday that the yen is falling too far and too fast.