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  • Yen Advances as Stock-Market Losses Damp Demand for Risk Assets

    Nov 17th, 2009 - Bloomberg

    Yen Advances as Stock-Market Losses Damp Demand for Risk AssetsNov. 17 (Bloomberg) -- The yen rose after stock marketsfell and International Monetary Fund Managing Director DominiqueStrauss-Kahn said the global economic recovery may be sluggish,stoking demand for the Japanese currency as a refuge.

  • Tokyo Tatemono to raise 45.6 bln yen via share sale

    Nov 17th, 2009 - Forbes

    TOKYO, Nov 17 (Reuters) - Japanese real estate developer Tokyo Tatemono Co said on Tuesday it plans to raise as much as 45.6 billion yen ($512 million)via a global share offering.

  • Hitachi to Raise as Much as $4.6 Billion in Sale

    Nov 16th, 2009 - Bloomberg

    Hitachi to Raise as Much as $4.6 Billion in SaleNov. 16 (Bloomberg) -- Hitachi Ltd., Japan’s fourth-largestcompany by sales, plans to raise as much as $4.6 billion sellingstock and convertible bonds to replenish capital after posting arecord loss last year...

  • Nikkei to edge up, but gains limited; eyes on yen

    Nov 15th, 2009 - Reuters

    TOKYO, Nov 16 (Reuters) - Japan's Nikkei stock average islikely to edge higher on Monday after Wall Street gained on hopesfor a good holiday sales season, but a slightly stronger yen mayweigh on exporters such as Canon Inc (7751.

  • Citi to sell Bellsystem stake to Bain for $1 bln

    Nov 15th, 2009 - Reuters

    TOKYO, Nov 15 (Reuters) - Citigroup Inc (C.N) said onSunday it has agreed to sell its stake in Japanese telemarketerBellsystem24 to U.S. private equity firm Bain Capital for 93.

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Yen from WikiPedia:

The yen (?, en?) (sign: ¥; code: JPY) is the currency of Japan. It is the third most-traded currency in the foreign exchange market after United States dollar and the euro. It is also widely used as a reserve currency after the U.S. dollar, the euro and the pound sterling. As is common when counting in East Asia, large quantities of yen are often counted in multiples of 10,000 (man, ?) in the same way as values in Western countries are often quoted in thousands.

The word en literally means "round object" in Japanese, as yuán does in Chinese, referring to the Imperial Chinese coins that were circular in shape and widely used in Japan up to the Tokugawa Period. In 1695, the character ? (ghen), signifying "round or rounded") was placed on the obverse of copper coins.

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