THIS IS A RUSH TRANSCRIPT.  THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED. DEBORAH MARCHINI, CNN ANCHOR: I don't know about that CD, but anyway, Japanese Prime Minister Koizumi and Elvis share the same birthday, January 8. That, however, is not the only item of interest to us out of Asia this morning. Dalton Tanonaka's got a look at the markets where the yen is getting clobbered, right?</s>DALTON TANONAKA, CNN CORRESPONDENT: Right, Deb, and did you know that the Thai Prime Minister sings "Love Me Tender" when he hits his golf ball? That's another story.</s>TANONAKA: Anyway, the yen -- the yen is continuing its climb on the dollar in the forex markets. Speculation over Japanese government intervention weakened the currency somewhat during this trading day, but it's on the move again and that's despite assurances from the U.S. Treasury Secretary that a strong dollar policy is still in place and open concern from Japanese officials that the yen's rise is too rapid. The strong yen is taking its toll on export-sensitive industries in Japan. The Nikkei slipping more than 2 percent on this day. Stocks in Hong Kong took a beating after disappointing earnings from China Mobile took its stock price down nearly 10 percent. The company made $1.6 billion in the first half of this year. Subscriber growth surging more than 30 percent but average revenue per user falling 36 percent. Stocks in Taiwan continued their climb, closing at five-week highs with bank issues leading the way. Investors picked up shares in that sector as hopes of greater economic ties with China mount. And that is the market day in a quick survey. Back to you, Deb, in New York.</s>MARCHINI: All right, Dalton, thank you so much. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com
Yen Continues Climb on the Dollar