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President Trump said he could quickly reimpose lockdowns if necessary.
2026-06-23
President Trump said he could quickly reimpose lockdowns if necessary.
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2026-06-23
FX desks are on alert for possible Japanese intervention after reports that Japan's finance minister Katayama and US treasury secretary Bessent held an online discussion that may have touched on exchange rates. USD/JPY traded around 161.57 early Tues
FX desks are on alert for possible Japanese intervention after reports that Japan's finance minister Katayama and US treasury secretary Bessent held an online discussion that may have touched on exchange rates. USD/JPY traded around 161.57 early Tuesday, near a 40-year low. NHK and Kyodo reported the officials may have discussed the currency. Traders say the yen remains under pressure after the Bank of Japan’s recent rate hike failed to raise borrowing costs quickly enough to curb inflation, and higher oil prices linked to the US‑Iran war add further strain. A Sumitomo Mitsui Trust Bank New York trader, Takeru Yamamoto, said Japanese authorities may seek to signal coordination with the US and that the intervention threshold is not high; he added USD/JPY could test the 162 area this week despite the underlying fundamentals.
2026-06-23
At a FORCE conference media briefing, Volcano Engine president Tan said online Seedance revenue figures circulating are overstated and inaccurate. He said short-form drama and film are only a tiny use case; the model is already deployed across manufa
At a FORCE conference media briefing, Volcano Engine president Tan said online Seedance revenue figures circulating are overstated and inaccurate. He said short-form drama and film are only a tiny use case; the model is already deployed across manufacturing, retail, education, embodied intelligence and autonomous driving for multilingual product marketing, industrial training videos and synthetic simulation/synthetic data, and industry demand has not yet peaked.
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