Yen Weakens Against Taiwan, New Zealand Dollar; Oil Erases Loss

March 10 (Bloomberg) — Higher-yielding currencies strengthened against the yen and oil erased losses after China said exports soared to the most in three years.

The yen slid 0.3 percent against Taiwan’s dollar and 0.6 percent against New Zealand’s currency. Oil gained 0.2 percent to $81.61 a barrel after earlier falling as much as 0.5 percent. The MSCI Asia Pacific Index was little changed at 122.80 as of 2 p.m. in Tokyo, with advancing stocks matching decliners. Standard & Poor’s 500 futures were unchanged.

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