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USD/JPY plunged briefly, prompting predictions of Japanese currency intervention.

2026-07-30

USD/JPY plunged briefly, prompting predictions of Japanese currency intervention.

Other News
2026-07-30

Samsung Electronics said its semiconductor unit posted Q2 operating profit of KRW 89.2 trillion (~$62bn), up more than 250-fold and above analysts' average forecast of KRW 79.3 trillion. Group net profit was KRW 71.3 trillion, also beating expectatio

Samsung Electronics said its semiconductor unit posted Q2 operating profit of KRW 89.2 trillion (~$62bn), up more than 250-fold and above analysts' average forecast of KRW 79.3 trillion. Group net profit was KRW 71.3 trillion, also beating expectations. As the world's largest memory maker, Samsung's results are being watched for evidence that AI-driven investment and valuations are justified. Global semiconductor stocks have climbed to record highs this year but face intensifying competition and overcapacity concerns, prompting rising investor doubts about the commercial rationale for large new investments in the sector.
2026-07-30

The CPC Politburo on July 30 called for stepped-up measures to strengthen the social safety net, increase employment support for priority groups, and protect rights of flexible and new-form workers, including gig-economy participants. It directed imp

The CPC Politburo on July 30 called for stepped-up measures to strengthen the social safety net, increase employment support for priority groups, and protect rights of flexible and new-form workers, including gig-economy participants. It directed improvements to elder and childcare services and the development of a layered, categorized social assistance system. The meeting also pushed for stronger ecological protection, renewed emphasis on the Three-North shelterbelt Afforestation project, and an active, steady advance of China’s carbon-peak and carbon-neutrality goals.
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