Why has the Japanese yen dipped to a three-decade low? There are several factors
Support for the currency follows a years-long slide that even Japan’s first interest rate hike since 2007 and broad optimism about the economy has failed to arrest.
Intervention asian news
Japanese yen hits fresh 34-year low despite verbal intervention from authorities
The yen slipped past 155 against the U.S. dollar on Thursday, touching a new 34-year low against continued strength in the greenback.
Indonesia’s top court upholds Prabowo’s presidential win, dismissing fraud allegations from rivals
Prabowo, 72, won the election by a substantial margin of votes, but his rivals – former governors Anies Baswedan and Ganjar Pranowo – had sought his disqualification and a revote through the Constitutional Court.
Japan and South Korea could coordinate currency intervention, but they may need U.S. support
Investors have been monitoring for potential intervention in the Japanese yen, but recent comments have triggered discussion about "coordinated intervention" with South Korea.
South Korea, Japan signal readiness to respond to excessive FX volatility
SEOUL (Reuters) -- South Korea and Japan expressed serious concerns about the recent depreciation of their currencies and stood ready to take action against excessive exchange-rate volatility, South Korea's Finance Ministry said in a statement released on Wednesday.
Yuan hits 31-year high against yen on China intervention
TOKYO -- The yuan on Tuesday touched its strongest point against the yen in more than three decades as Chinese authorities stepped in to shore up the currency against an appreciating dollar.
Your morning coffee may be more than a half million years old
That coffee you slurped this morning? It’s 600,000 years old.
Australia joins global subsidy race with 'Future Made in Australia' plan
Australia will launch subsidies and incentives modelled on similar efforts in the United States and Europe to help the giant commodity exporter bolster domestic manufacturing and promote industries it sees as vital to national security.