Japan's Katayama says concern over weak yen shared with Bessent

Japanese Finance Minister Satsuki Katayama said Monday she and U.S. Treasury Secretary Scott Bessent shared concerns over the yen's recent "one-sided" depreciation.Following their meeting in Washington, Katayama told reporters she had told Bessent that Japan is "extremely concerned about the one-sided weakening of the yen, seen also on Jan. 9, and Secretary Bessent shared such a view."Her remarks came as the yen's weakness continues, hitting a one-year low against the dollar on Friday.Katayama and Bessent held talks on the sidelines of a Group of Seven finance ministers' meeting and their p…READ FULL ARTICLE