Xinhua world economic news summary at 0900 GMT, April 16
TOKYO -- Japan is prepared to take all necessary steps to counter excessive currency moves, Finance Minister Shunichi Suzuki said Tuesday, as the yen tumbled past 154 against the U.S. dollar to a 34-year low.
The U.S. dollar remained strong in the lower 154 yen range early Tuesday in Tokyo after hitting a fresh new high overnight in New York for the first time in nearly 34 years. (Japan-Yen-Depreciation)