Japan protests over Chinese article on Okinawa sovereignty
Taiwan protests to Philippines over fisherman's death
Taiwan demanded compensation from the Philippines Thursday over the killing of a crew member of a Taiwanese fishing trawler which allegedly came under fire from a Philippine government boat.According to the Chinese reports, the Philippine vessel strafed the ship.
Japanese Government Bonds Halted Limit Down; Yields Spike To 10 Week High; Worst Day In 5 Years
South Korea Joins India-to-Europe Rate Cuts for Growth
Australian dollar rebounds after rate cut sell-off
China Yuan Hits New High on PBOC Guidance
Things are starting to pick up the pace. China is going to be squeezed by the plunging yen and now the won is likely to follow. The Australian dollar will start weakening as well. The rise in the yuan is coming at the worst possible time, as the U.S. dollar sets out on its own rally against other major currencies. China may be headed for a serious deflationary crisis.
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