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From bananas to phones: How cheaper yuan could reverberate

...steel market, and driving down prices globally, Mirae Asset Securities said in a report.Tatsuro Kanno, of Japan's Kobe Steel, said a cheaper yuan could help China boost steel exports to Japan, posing a competitive challenge to Japanese steel...
Tokyo stocks edge up to complete stellar year the early 1990s. Gainers Wednesday included Mizuho Financial Group, real estate developer Mitsubishi Estate and Kobe Steel. The broader index of all issues on the Tokyo Stock Exchange's first section rose 3.72 points, or 0.32 percent...