Japan warns of possible intervention to address "one-sided" yen moves

Japan on Wednesday signaled it may intervene if the yen continues its rapid depreciation, warning it will take necessary action as "rapid and one-sided" moves drove the currency to a fresh 24-year low against the U.S. dollar.Finance Minister Shunichi Suzuki said the movement of the yen should be stable and reflect economic fundamentals, calling for stability in currency markets. "We need to monitor the negative aspects (of the weak yen)," he told reporters.Suzuki said the government will take "necessary action" if the trend continues, a stance echoed by Hirokazu Matsuno, the top government …READ FULL ARTICLE