Weakness of yen likely to affect Korea and Taiwan

The Japanese yen's persistent fall against the US dollar since November 2012 means that this development has "upgraded" itself from being a mere flash in the pan to something much more. Indeed, the yen has fallen in double digits against all major Asian and emerging markets currencies, not overlooking the 22 per cent setback against the euro and the 16 per cent drop against the greenback (as of February 4). This unequivocal period of yen weakness now begs the question: how serious is it, and for whom in Asia is this latest round of the global currency war going to be a major problem?

via Business feed http://www.scmp.com/business/money/markets-investing/article/1150994/weakness-yen-likely-affect-korea-and-taiwan