31. The falling yen also hurt bonds, decreasing the allure of yen-denominated securities. 32. The falling yen and rising dollar, in the view of some nationalists, are means to this end. 33. The falling yen and rising stocks also weighed on bonds, making domestic stocks or foreign securities relatively more attractive. 34. The falling yen has cut the price of Japanese steel, computer chips and electronics on the world market, alarming nations that sell the same products. 35. To be sure, the falling yen and rising stocks are prompting some concern that investors may lose interest in low-yielding yen debt. 36. While a falling yen helps Japanese exporters by making their products cheaper overseas, it means importers have to pay more for foreign products in yen terms. 37. While a falling yen means the shares of these Japanese companies are worth less in dollars, their products become cheaper abroad. 38. Other dealers attributed the weakness of the Singapore dollar against the greenback, as Asian currencies tracked the falling Japanese yen for the third straight day. 39. Park said the market sentiment was dampened by concerns that foreign investors may desert the country, scared by growing regional instability caused by the falling yen. 40. Philippine stocks fell for the sixth straight session Tuesday, weighed down by concerns over weaker regional currencies led by the falling Japanese yen, traders said. |