1. Although Finance Ministry officials want the bank to drive down the value of a soaring yen, the bank refuses to print new yen. 2. Even the soaring yen, which makes Japanese products more expensive abroad, is not all bad. 3. For American holders of Japanese stocks, of course, some of the pain has been eliminated by the soaring yen. 4. Its core consumer electronics hardware business faces the grim prospect of shrinking profit margins, a trend that will be made worse by the soaring Japanese yen. 5. The Japanese economy is in serious trouble, in part because the soaring yen makes its goods so expensive in falling dollars. 6. The upbeat results are likely to surprise investors, who have been bracing for an economic slowdown triggered by the soaring yen. 7. -- Prime Minister Tomiichi Murayama said coordinated intervention by central banks of the seven major industrial powers will continue in an effort to arrest the soaring yen. 8. APTV coverage includes the impact on small businesses of the soaring yen. 9. In theory, the soaring Japanese yen should be a boon to buyers of foreign goods. 10. Japan announced a package of measures Wednesday aimed at weakening the soaring yen, which has plagued Japanese companies by making their products less internationally competitive. |