Monday, September 13, 2010

Ozawa "Terrible" for Japan: Daley

Amid polls showing the race between Japan's Kan and Ozawa are too close to call, Kirby Daley, senior strategist, Newedge Group, says it would be "terrible" for the fiscal situation if Ozawa gains power. Meantime, Karsten Schroeder, CEO, Amplitude Capital tells CNBC's Martin Soong & Sri Jegarajah that yen intervention will only have a short term effect.

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