EXPLAINER
Why the Trump administration is helping support Japan’s weakening yen
Washington and Tokyo’s rare coordinated intervention aims to avoid spillover to global financial system.
![Japan's Finance Minister Satsuki Katayama speaks to the media about the US-Japan joint forex action upon her arrival at the Finance Ministry in Tokyo. [Issei Kato/Reuters]](/wp-content/uploads/2026/08/2026-08-02T233755Z_609247456_RC2NQMATKU91_RTRMADP_3_JAPAN-YEN-1785717755.jpg?resize=770%2C513&quality=80)
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US GDP growth dips as inflation and trade deficits pressure economy
GDP grew by 1.5 percent in the second quarter following a 2.1 percent increase in the first quarter.
Sam Altman meets lawmakers on back of OpenAI agents hacking companies
US President Donald Trump says he is considering ‘AI controls’ following OpenAI’s disclosure.
US Fed holds interest rates steady, citing ‘elevated’ inflation
Elevated inflation partly reflects supply shocks that have increased prices, including of energy, the Fed said.
Democrat senators ask US SEC to probe Trump Media’s fast feed sale
Trump Media has discussed charging as much as $100,000 a month for the Truth API product for buyers to get first access.
How US defence aid shaped Israel’s military developments since Oct 7, 2023
US-Israel defence cooperation spans decades, including a $33bn, 10-year memorandum of understanding signed in 2016.
Nvidia plans $250bn push to bolster OpenAI’s infrastructure ambitions
Political backlash grows as US states propose bans on new data centres, raising challenges for Nvidia and AI industry.
EDITOR'S ANALYSIS
As oil soars, experts watch Red Sea tankers for clarity on Houthi blockade
Houthi attacks for now are shaping who moves Saudi crude, not whether it moves, analysts say, even as oil prices soar.
Oil surges past $100 in a first since May as Middle East conflicts rage
Oil prices rise for a fifth day after Yemen’s Houthis say they struck Saudi Arabian oil tankers in the Red Sea.
EDITOR'S ANALYSIS
Iran war: Look beyond stocks to understand state of economy, experts say
Yields on 10-year US Treasury bills, a bellwether for inflation, are up 60 basis points since the start of the Iran war.
Farage, Reform in ‘trouble’, as UK braces for crypto influence in politics
Farage’s crisis after revelations of substantial crypto donations prompts broader political questions over donor clout.
