Yen edges higher in Asia on Ukraine tensions

TOKYO, Aug 29 : The yen edged up in Asia Friday as growing fears of a possible Russia-Ukraine military conflict offset upbeat US economic growth data. In Tokyo midday trade, the greenback slipped to 103.70 yen from 103.75 yen in New York late Thursday. The euro dipped to 136.71 yen from 136.75 yen and to $1.3180 from $1.3181. Investors shifted into the yen seen as a safe-haven currency during times of turmoil and uncertainty following reports that more than 1,000 Russian troops had entered Ukraine, supporting pro-Moscow separatist rebels fighting Kiev.

    — AFP