EXPLAINER - What's behind the US-Japan push to support the yen?

Rare coordinated intervention reflects US concerns over competitiveness and Treasury yields, with analysts warning that yen gains will be temporary without monetary policy support

EXPLAINER - What's behind the US-Japan push to support the yen?

Rare coordinated intervention reflects US concerns over competitiveness and Treasury yields, with analysts warning that yen gains will be temporary without monetary policy support

Shipping groups urge UN to oppose tolls in Strait of Hormuz

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Asian tech stocks fall amid renewed volatility in AI-linked shares

Regional chipmakers track overnight decline on Wall Street as investors assess sustainability of AI spending06 August 2026

German factory orders rise 3.1% in June, beating expectations

Increase driven by machinery and electronics orders, while orders excluding large contracts fall 0.5%06 August 2026

Russia temporarily allows lower-standard gasoline sales to boost domestic fuel supply

Measure permits sales of Euro-2, Euro-3 and Euro-4 gasoline until July 2027 to help prevent fuel shortages06 August 2026

Etsy to cut 12% of workforce in restructuring push

Online marketplace says layoffs are aimed at streamlining operations, not reducing costs or replacing workers with AI06 August 2026

Dow closes at record high as tech losses drag S&P 500, Nasdaq lower

Nvidia gains on SpaceX AI plans while AMD, Alphabet weigh on broader market06 August 2026

Trump administration certifies nearly $100B in tariff refunds after court rulings

Importers set to receive payouts for duties declared invalid earlier this year05 August 2026

European stocks close mixed as Hormuz hopes offset geopolitical concerns

Record finish for pan-European index supported by earnings, stronger eurozone business activity05 August 2026

Egypt’s flag carrier resumes flights to Sudan after suspension since May 2025

EgyptAir’s return raises number of international airlines operating at Port Sudan airport to 505 August 2026

Turkish stock exchange ends midweek with gains

Benchmark BIST 100 index up 0.11% at Wednesday's close05 August 2026

Gold rises 3% toward $4,200 as Hormuz deal hopes ease inflation concerns

Silver jumps 4% to $62 as markets lower odds of September Fed rate hike ahead of US employment data05 August 2026

EXPLAINER - What's behind the US-Japan push to support the yen?

Rare coordinated intervention reflects US concerns over competitiveness and Treasury yields, with analysts warning that yen gains will be temporary without monetary policy support

EXPLAINER - What's behind the US-Japan push to support the yen?

Rare coordinated intervention reflects US concerns over competitiveness and Treasury yields, with analysts warning that yen gains will be temporary without monetary policy support

Economy

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Economy

Global food prices hit 3.5-year high in July

Turkish defense firm Aselsan, Uzbekistan discuss defense industry cooperation

South Korean chipmaker to invest $38.1B in new memory chip plants amid AI demand boom

China adds nearly 20 tons of gold to reserves in July

Global markets continue seeking direction ahead of US nonfarm payrolls

Brent oil prices rise 5% amid Hormuz uncertainty

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