Yen’s changing fortunes might finally be spooking the bears
LONDON/SINGAPORE/TOKYO – Just six weeks after hitting a four-decade low against the dollar, the tide appears to be…
Yen weakens past ¥160 per dollar, eroding intervention gains
The yen weakened past the key ¥160-per-dollar level as it extends a slide that’s erased more than half…
Japan spends record ¥15.39 trillion in July-August forex interventions
Japanese authorities spent ¥15.39 trillion in foreign exchange market interventions from July 30 to Wednesday, the Finance Ministry…
U.S. Treasury chief’s ‘whatever it takes’ vow to help yen masks limited firepower
Treasury Secretary Scott Bessent’s suggestion of a no-limits approach toward helping Japan rescue the yen risks getting called…
Dollar steadies after payrolls drop, inflation data eyed
LONDON: The U.S. dollar steadied at a near two-month low on Monday following Friday’s soft jobs data, as…
P&G to acquire Thorne in premium wellness play
The transaction, which is expected to close later this year, subject to customary closing conditions and regulatory approvals,…
What Yum! Brands’ outbreak and Pizza Hut sale mean for pension fund investors – Pensions & Investments
What Yum! Brands’ outbreak and Pizza Hut sale mean for pension fund investors Pensions & InvestmentsCyclospora outbreak tied to…
Market to look out for hints of next rate hike from BOJ
The Bank of Japan is expected to keep interest rates steady this week but all eyes are on…
First-half bankruptcies reach highest level since 2022 as weak yen takes toll
Japan’s weak currency has caused the most bankruptcies during the first half of a year since 2022, underscoring…
World shares are mostly lower after a tech sell-off on Wall Street, while oil prices waver
HONG KONG (AP) — European shares are mostly lower after a retreat in Asia that brought sharp declines…
Indonesian rupiah strengthens after surprise BI rate hike
The Indonesian rupiah firmed after the central bank unexpectedly raised interest rates on Tuesday, a week ahead of…
Health workers at the epicenter of Congo’s Ebola outbreak labor with little pay or rest
MONGBWALU, Congo (AP) — Dr. Richard Lokudu, the medical director of Mongbwalu General Referral Hospital, has received barely…