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The Japanese yen weakened to 160 against the U.S. dollar in Monday morning trading in Asia.The yen briefly touched 160.03 against the dollar, the weakest level since April 1990 when it touched 160.15, according to FactSet data.The currency has languished alongside continued strength in the…
By Rae WeeSINGAPORE (Reuters) – Asian stocks got off to a positive start on Monday ahead of the Federal Reserve’s policy meeting later in the week, while the dollar broke past the psychologically key level of 160 yen for the first time in decades.Oil prices ticked down on expectations that…
The Japanese Yen dives to a nearly 40-year low amid relatively thin liquidity on Monday. The divergent BoJ-Fed monetary policy and a positive risk tone weigh heavily on the JPY. Intervention fears cap USD/JPY amid a modest USD downtick and overbought conditions. The Japanese Yen (JPY) remains under heavy selling…
Mauritania has partnered with German tech company Giesecke+Devrient (G+D) to design its central bank digital currency (CBDC). The Banque Centrale de Mauritanie signed an agreement with the Munich, Germany-based firm on the sidelines of the World Bank and IMF’s Spring Meetings in Washington, G+D has confirmed. Known as the digital…
BEIJING — Local Chinese authorities have removed restrictions on Tesla cars after the company’s China-made vehicles passed the country’s data security requirements, the automaker said Sunday.The breakthrough came as Tesla CEO Elon Musk arrived in Beijing for an unexpected meeting with Chinese Premier Li Qiang, amid the first major auto…
TotalEnergies investors were given a treat at the unveiling of the company’s latest quarterly financials on Friday (April 26, 2024). Noting that oil prices had remained elevated above its expectations for the first three months of the year, the French energy major authorized a $2 billion share buyback for the…
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The State Department is divided over whether Israel is using American-provided weapons in accordance with international law ahead of a fast-approaching deadline next week for Secretary of State Antony Blinken to make a determination to Congress. There is not unanimity about whether to accept Israel’s assurances about this as “credible and reliable,” a department official said. Israel was required to make those assurances to the US under a national security memorandum issued by President Joe Biden in February. The memorandum requires all countries receiving US weapons to make assurances that they are using them “in a manner consistent with all applicable international and…
Former President Donald Trump and Florida Gov. Ron DeSantis met for several hours in Miami on Sunday, according to a source close to Trump. The meeting — their first conversation…
Sen. Bernie Sanders said on Sunday that he supports protests against Israel’s war in Gaza while stressing the need to “condemn, in every form, antisemitism, Islamophobia and other forms of…
President Joe Biden spoke to Israeli Prime Minister Benjamin Netanyahu by phone on Sunday, according to a source familiar with the call. The call took place just days after Biden…
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Last week, more than 775,000 football fans converged in downtown Detroit for three days as the city hosted the NFL…
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Trump is looking to DeSantis to help with his presidential campaign fundraising — and DeSantis is open to it, The Washington Post reported.DeSantis and Trump met…
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