YOKOHAMA -- Asian nations are in agreement on their need to deal with currency crises such as the one that wrought havoc in the region 20 years ago, but in a meeting Friday, fell short of an accord on upgrading the existing crisis-response mechanism.
"Unfortunately, we are not able to reach an agreement," Japanese Finance Minister Taro Aso told a press conference after a gathering of the finance ministers and central bank chiefs of Japan, China, South Korea and the 10-member Association of Southeast Asian Nations in Yokohama.
