Japan ponders reserves switch

Japanese Finance Minister Sadakazu Tanigaki's suggestion that Japan might consider diversifying its massive foreign exchange reserves provoked speculation about possible dollar dumping on a huge scale by Asian governments and also set the gold market alight briefly.

First published by the Business Times, Singapore. The writer, Anthony Rowley, BT's Tokyo correspondent.

But it has also set some people thinking about what might happen if the United States were forced to renege on its huge overseas

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