Gkionakis: Yen to Bear Brunt of Safe Haven Demand

Vasileios Gkionakis, head of global FX strategy at UniCredit, and Sony Kapoor, managing director at Re-Define, discuss safe haven demand for the yen and the potential for yen intervention by the Bank of Japan. They speak on "Bloomberg Surveillance." (Source: Bloomberg)

Toshiba's Board Agrees to Sell Chip Unit for $18 Billion
34:32 - Toshiba's board agreed to sell its flash memory chip unit to a group led by Bain Capital for 2 trillion yen ($18 billion), taking an important step toward ending a contentious bidding process that has stretched over eight months. Bloomberg's Peter Elstrom reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
  • Tillerson Sees Significant Issues With Iran Agreement
  • Trudeau, Rutte, Fink, Schwarzman Talk Trade with Lagarde
  • Dollar Rises and Yen Declines in Fed Decision