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LOS ANGELES--(BUSINESS WIRE)--Oct 3, 2023--

By Vidya Ranganathan SINGAPORE Japan's yen took the spotlight in Asia on Monday, circling near the 150-per-dollar level

Christophe Galtier has been sacked by Paris St Germain despite leading them to a record 11th Ligue 1 title in his first season in charge. PSG confirmed on Wednesday that they had parted company with their 56-year-old coach just weeks after Lionel Messi’s goal secured a 1-1 draw at Strasbourg and an unassailable lead at the top of the table. A statement on the club’s official website said: “At the end of the 2022-2023 season, Paris Saint-Germain informed Christophe Galtier of its decision to terminate his contract as first-team coach. “The club would like to pay tribute to his professionalism and commitment, which helped the Rouge et Bleu win a historic eleventh French Championship title and a Trophee des Champions. “The entire Paris Saint-Germain team would like to thank Christophe Galtier, as well as his assistants Thierry Oleksiak and Joao Sacramento, for their professionalism and commitment throughout the season, and wish them all the best for the rest of their careers.” Galtier’s departure comes after 36-year-old Messi’s exit for MLS side Inter Miami, with PSG still the dominant force in France but having once again failed in their mission to win the Champions League. The 2020 runners-up went out in the last 16 last season after a 3-0 aggregate defeat by Bayern Munich to prolong owner Qatar Sports Investments’ wait for European success. Former Spain boss Luis Enrique and ex-Bayern manager Julian Nagelsmann have been linked with the impending vacancy in recent weeks, although reports have suggested talks with the German broke down last month.