FOREX-Dollar slumps to lowest vs yen since Nov 2014 *Most of Asia still shut for Lunar New Year holidays. TOKYO/ SYDNEY, Feb 9- The dollar briefly crashed through the 115- yen level to its lowest since November 2014 on Tuesday, as a sell-off in European and U.S. stocks continued into the Asian session and stoked demand for the perceived safe-haven Japanese currency. "What a panic situation," said Kaneo Ogino, director at...
| By: Lisa Twaronite and Ian Chua
FOREX-Risk aversion drives yen to one-year highs vs USD *Most of Asia still shut for Lunar New Year holidays. SYDNEY, Feb 9- The yen held at its highest in over a year against the dollar early on Tuesday, having soared broadly as a selloff in European and U.S. stocks stoked demand for the safe-haven currency. Against the greenback, the euro flirted with $1.1200 after bouncing off Monday's low around $1.1086.
| By: Ian Chua
Monkey business: As China tourists tighten belt, retailers face unhappy New Year *Sydney, Hong Kong store owners report sagging business. SYDNEY/ HONG KONG, Feb 9- Watching a lone browser in his Sydney Chinatown shop, Bing Chen is worried business is being squeezed this Lunar New Year by what's ailing the world economy at large- the weakest Chinese economy in 25 years. "Our customers have halved," said Chen, standing by neatly stacked shelves at his...
| By: Jarni Blakkarly and Stella Tsang
UPDATE 3-Chipotle shuts U.S. stores for food safety meeting, rivals pounce More than 50,000 Chipotle employees crowded into rented movie theaters and other locations to hear live video feeds of co-Chief Executives Steve Ells and Montgomery Moran laying out their program to improve restaurant safety. Still, rivals including online food delivery service GrubHub and Moe's Southwest Grill, sought to grab customers.
| By: Siddharth Cavale and Subrat Patnaik