Thursday, April 7, 2016

Asian shares drop as banks come under pressure, yen soars

TOKYO (Reuters) - Asian shares extended losses to three-week lows on Friday after bank shares slumped globally, while the yen soared to a 17-month high against the dollar as investors unwound bets against the yen, calculating that any effort by Japan to drive down the yen would be vigorously opposed by other major economies.


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