The yen traded close to a 14-year high against the dollar Thursday. Daragh Maher from Calyon told CNBC it would be a "ministry of finance decision" to take steps to monitor the yen's strength. He sees the dollar-yen testing further lows.
The concerns regarding Chinese banks are "a little bit inflated," Roger Groebli from LGT Capital Management, said Thursday. Chinese banks' Tier 1 ratios "are among the highest in the world, so there is no particular reason to increase the loans," he said. Bernhard Langer from INVESCO Asset Management joined the discussion.
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Current DateTime: 04:51:48 26 Nov 2009 LinksList Documentid: 27721522