TOKYO, Sept 17 (Reuters) - Japan welcomes the U.S. decision to rescue insurer American International Group, Japan's financial services minister said, adding that liquidity concerns will significantly ease.
Financial Services Minister Toshimitsu Motegi also said that that tension in global financial markets continues and caution needs to be maintained.
The U.S. government agreed to rescue insurer AIG with an emergency $85 billion loan from the New York Federal Reserve to stave off a bankruptcy that would have thrown world financial markets into even deeper turmoil.
(Reporting by Kaori Kaneko and Reiji Murai. Writing by Junko Fujita)
.
lw
COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
Related News
Down a bit, up a bit, back to where we started
Forex Live | Mon, Nov 23 2009, 01:23 GMT
Asian Shares Higher; James Hardie Surges On Strong 2Q Result
Dow Jones | Mon, Nov 23 2009, 01:06 GMT
Fed’s Bullard: USD still world’s reserve currency
Forex Live | Mon, Nov 23 2009, 01:02 GMT
USD/JPY still flat in a tight range around 89.00 area
FXstreet.com | Mon, Nov 23 2009, 00:12 GMT
Forex: Dollar slightly up despite gold
FXstreet.com | Sun, Nov 22 2009, 23:31 GMT
usd, aig, jpy, usdjpy
View All
Related Content
FX Weekly Report - Dollar could be reaching the Rubicon by Trading Metro
Mon, Nov 23 2009, 02:09 GMT
Daily Forex Strategy Briefing - Greenback Gains as Equities Consolidate by CMS Forex
Mon, Nov 23 2009, 01:45 GMT
Currency Majors Technical Perspective by FXstreet.com Independent Analyst Team
Mon, Nov 23 2009, 00:03 GMT
U.S. Forex Market Commentary by GCI
Sun, Nov 22 2009, 22:11 GMT
Daily Market Report - There are indications that the market is reducing its exposure to risk by Wells Fargo Investments, LLC
Fri, Nov 20 2009, 15:19 GMT
usd, aig, jpy, usdjpy
View All
The Advisor Weblog » Japanese Yen breaks higher
Thu, Nov 19 2009, 14:46 GMT
FX Market Readings » USD weakening moves
Mon, Nov 16 2009, 12:05 GMT
The Advisor Weblog » Majors’s sentiment for today
Wed, Nov 11 2009, 11:31 GMT
FX Path » USD/JPY - Triangle Consolidation within Downtrend
Wed, Nov 11 2009, 01:51 GMT
The Advisor Weblog » Majors’s sentiment for today
Fri, Nov 6 2009, 10:59 GMT
usd, aig, jpy, usdjpy
View All
The Weather Report: Ichimoku Cloud Trading
Chris Capre | Tue, Sep 30 2008, 14:00 GMT
Live Look at Today's Markets
Derek Frey | Tue, Sep 30 2008, 17:00 GMT 
FX Instructor Live Trading Room
Mark De La Paz | Wed, Oct 1 2008, 09:00 GMT
SPECIAL EVENT: Trade Non-Farm Payrolls LIVE - 29th Edition
Wayne McDonell | Fri, Oct 3 2008, 11:30 GMT
Weekly Webinar: 1st on Forex - The Week Ahead
Jerry Furst | Mon, Oct 6 2008, 16:00 GMT
usd, aig, jpy, usdjpy
View All
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our
user agreement. Please read our
privacy policy and legal disclaimer.
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2009 "FXstreet.com. The Forex Market" All Rights Reserved.