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Russia has extended its ban on diesel exports until September 1.

2026-07-30

Russia has extended its ban on diesel exports until September 1.

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2026-07-30

USD/JPY plunged as much as 3% to 158.34 on Thursday, off this week’s 40-year high and on course for its largest one-day fall since end-2022. Traders widely saw the move as bearing the hallmarks of Japanese government FX intervention after months of y

USD/JPY plunged as much as 3% to 158.34 on Thursday, off this week’s 40-year high and on course for its largest one-day fall since end-2022. Traders widely saw the move as bearing the hallmarks of Japanese government FX intervention after months of yen weakness. Tokyo has warned it would act if the yen kept sliding; surging energy import costs have amplified household pressure and raised the political cost of depreciation. The move came ahead of Friday’s BOJ policy meeting and after the Fed left rates unchanged in a split vote on Wednesday, which weakened the dollar. FX strategists said month‑end position-squaring, weak US data and dollar softness created a favorable window for authorities to buy yen. Japan’s finance minister Katayama has repeatedly reiterated the government stands ready to act in FX markets.
2026-07-30

Nikkei reports Microsoft is considering offering some internally developed AI models with open weights.

Nikkei reports Microsoft is considering offering some internally developed AI models with open weights.
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