HONG KONG: Oil prices tumbled Monday (Aug 3) as United States President Donald Trump said fresh talks with Iran will begin later in the day, while the yen extended gains after US and Japanese officials confirmed a rare joint intervention to prop up the currency.The positive development in the five-month Middl

HONG KONG: Oil prices tumbled Monday (Aug 3) as Donald Trump said fresh talks with Iran will begin later in the day, while the yen extended gains after US and Japanese officials confirmed a rare joint intervention to prop up the currency.The positive development in the five-month Middle East war did little to

HONG KONG: Oil prices tumbled Monday (Aug 3) as Donald Trump said fresh talks with Iran will begin later in the day, while the yen extended gains after US and Japanese officials confirmed a rare joint intervention to prop up the currency.The positive development in the five-month Middle East war did little to

Japan and the US confirmed last week they intervened in currency markets to slow the yen’s sharp fall, marking their first joint move since 2011.

NEW YORK/LONDON, Aug 3 : Oil prices dropped and major stock indexes gained on Monday on signs that U.S.-Iran tensions were easing again, while the yen strengthened against the euro and dollar after the U.S. and Japan confirmed joint intervention to support it.Oil prices fell sharply after U.S. President Don

NEW YORK/LONDON, Aug 3 : Oil prices dropped and major stock indexes gained on Monday on signs that U.S.-Iran tensions were easing again, while the yen strengthened against the euro and dollar after the U.S. and Japan confirmed joint intervention to support it.Oil prices fell sharply after U.S. President Don

Japan and the U.S. confirm joint yen intervention, signaling readiness for further action to stabilize the yen’s decline.

Japan and the U.S. confirm joint yen intervention, signaling readiness for further action to stabilize the yen’s decline.