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Oil slumps on hopes of Iran deal, yen spikes suddenly after intervention

Oil slumps on hopes of Iran deal, yen spikes suddenly after intervention

By Ankur Banerjee SINGAPORE, Aug 3 (Reuters) - Oil prices skidded and stocks wobbled on Monday as hopes of peace in the Middle East grew, while the yen jumped suddenly after the U.S. and Japan confirmed joint intervention to prop up the frail currency.
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Japan, US confirm joint yen-buying intervention, signal more action

Japan, US confirm joint yen-buying intervention, signal more action

By Makiko Yamazaki and Leika Kihara TOKYO, Aug 3 (Reuters) - Japan and the United States conducted coordinated yen-buying intervention and will not hesitate to take further action, Japan's finance ministry said on Monday, confirming a rare bilateral action to halt the yen's slide to fresh 40-year
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Japan confirms joint yen intervention with US, signals readiness for more action

Japan confirms joint yen intervention with US, signals readiness for more action

By Makiko Yamazaki and Leika Kihara TOKYO, Aug 3 (Reuters) - Japan and the U.S. conducted coordinated yen-buying intervention and will not hesitate to take further action, Japan's finance ministry said on Monday, confirming a rare bilateral action to halt the yen's slide to fresh 40-year lows.
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Stocks surge, yen awaits BOJ presser after intervention boost

Stocks surge, yen awaits BOJ presser after intervention boost

By Rae Wee SINGAPORE, July 31 (Reuters) - Asian markets rallied hard with Wall Street on Friday as South Korea's battered market made a record comeback, stirring hopes that a recent rout in AI-related stocks had run out of steam.
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Asia stocks surge, yen steals spotlight after suspected intervention

Asia stocks surge, yen steals spotlight after suspected intervention

By Rae Wee SINGAPORE, July 31 (Reuters) - Asian markets rallied hard with Wall Street on Friday as South Korea's battered market made a record comeback, stirring hopes that the recent selloff in AI-linked assets may be near an end.
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Asia stocks surge, yen awaits Ueda's presser after intervention boost

Asia stocks surge, yen awaits Ueda's presser after intervention boost

By Rae Wee SINGAPORE, July 31 (Reuters) - Asian markets rallied hard with Wall Street on Friday as South Korea's battered market made a record comeback, stirring hopes that a recent selloff in AI-linked assets may be near an end.
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Stocks set for weekly gain after tech earnings soothe AI fears, yen retreats

Stocks set for weekly gain after tech earnings soothe AI fears, yen retreats

By Niket Nishant and Rae Wee July 31 (Reuters) - A late-week rally in global shares left them on track for weekly gains after earnings from some U.S. tech giants eased concerns about AI returns, while the yen declined after the Bank of Japan kept interest rates unchanged on Friday.
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Asia stocks surge, yen falls after BOJ holds rates

Asia stocks surge, yen falls after BOJ holds rates

By Rae Wee SINGAPORE, July 31 (Reuters) - Asian markets rallied hard with Wall Street on Friday as South Korea's battered market made a record comeback, stirring hopes that the recent selloff in AI-linked assets may be near an end.
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Asia stocks surge, yen in the spotlight after suspected intervention

Asia stocks surge, yen in the spotlight after suspected intervention

By Rae Wee SINGAPORE, July 31 (Reuters) - Asian markets rallied hard with Wall Street on Friday as South Korea's battered market made a record comeback, stirring hopes that the recent selloff in AI-linked assets may be running out of steam.
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Yen remains under pressure after BOJ keeps rates unchanged

Yen remains under pressure after BOJ keeps rates unchanged

By Jiaxing Li and Ankur Banerjee HONG KONG, July 31 (Reuters) - The yen stayed under pressure on Friday after the Bank of Japan held rates steady, paring some of the sharp gains sparked by coordinated intervention overnight as markets tested Tokyo's resolve to support the sagging currency.
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Yen remains under pressure after BOJ kept rates unchanged

Yen remains under pressure after BOJ kept rates unchanged

By Jiaxing Li and Ankur Banerjee HONG KONG, July 31 (Reuters) - The Japanese yen stayed under pressure on Friday after the Bank of Japan kept rates unchanged as markets tested Tokyo's resolve in the wake of a coordinated intervention to prop up the fragile currency.
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Rare joint currency intervention sends strong message to markets

Rare joint currency intervention sends strong message to markets

By Ankur Banerjee, Yena Park and Samuel Indyk SEOUL/SINGAPORE/LONDON, July 31 (Reuters) - Japan and South Korea both stepped in to buy their currencies on Thursday, sources and analysts said, while signs of U.S. support grew on Friday in a rare coordinated intervention that marks an escalation in