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China's Yuan Breaks Below 7.0 Per Dollar for First Time in 15 Months
EconomyEN
China's Yuan Breaks Below 7.0 Per Dollar for First Time in 15 Months

China's offshore yuan has strengthened below the key 7.0 per U.S. dollar level for the first time in 15 months, signaling a shift in market sentiment and capital flows.

Japan Warns of 'Appropriate Steps' as Yen Tumbles Despite Rate Hike
EconomyEN
Japan Warns of 'Appropriate Steps' as Yen Tumbles Despite Rate Hike

Top Japanese officials have issued strong warnings after the yen fell to a one-month low of 157.78, signaling potential intervention despite a recent BOJ rate hike.