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Japan spent a record ¥15.4 trillion ($96.4bn) on FX intervention between July 30 and Aug. 26 to support the yen after it hit a 40-year low, the finance ministry said. The July 31 operation was coordinated with the United States, Japanese finance mini

2026-08-28

Japan spent a record ¥15.4 trillion ($96.4bn) on FX intervention between July 30 and Aug. 26 to support the yen after it hit a 40-year low, the finance ministry said. The July 31 operation was coordinated with the United States, Japanese finance minister Katayama and US Treasury Secretary Bessent confirmed; both said they stand ready to intervene again if necessary. US funds are not included in the Japanese total and are expected to be smaller but carry symbolic significance, reinforcing authorities’ warning to speculators against betting on further yen weakness.

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2026-08-28

Kazakhstan told Interfax its oil production has returned to stable levels and has not fallen after a Black Sea drone attack that cut Caspian Pipeline Consortium (CPC) July loadings by about a fifth. The CPC, which moves Kazakh crude to the Russian Bl

Kazakhstan told Interfax its oil production has returned to stable levels and has not fallen after a Black Sea drone attack that cut Caspian Pipeline Consortium (CPC) July loadings by about a fifth. The CPC, which moves Kazakh crude to the Russian Black Sea port Novorossiysk, handles roughly 2% of global oil supply; its terminal operations have been repeatedly disrupted since mid-July.
2026-08-28

China A-share power-grid equipment sector weakened; Siyuan Electric hit the daily limit down, while Shenghui Technology, Jinguan, Rifeng, Zhiyang Innovation, Shuangjie Electric and Baili Electric also fell.

China A-share power-grid equipment sector weakened; Siyuan Electric hit the daily limit down, while Shenghui Technology, Jinguan, Rifeng, Zhiyang Innovation, Shuangjie Electric and Baili Electric also fell.
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