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Treasury Secretary Scott Bessent said the weakness of the yen has contributed to Japan’s inflation problem and raised the risk of broader depreciation of Asian currencies as he reiterated US support for efforts to stabilize the situation.
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Co-development studio Vertpaint has appointed former Sumo Group co-founder and CEO Carl Cavers OBE as non-executive director and shareholder. Read more
Federal Reserve Bank of Philadelphia President Anna Paulson said she will keep an open mind about the path for interest rates, writing in an essay on Tuesday that she is focusing on the trends of…
The industry body also advocated faster gold monetisation and simplified mining approvals to strengthen self-reliance and reduce import dependence.
Rabobank’s Senior FX Strategist Jane Foley highlights that Japanese authorities benefited from the post-FOMC US Dollar (USD) drop, which eased pressure on the Japanese Yen (JPY).
Bank filing says a months-long AML (anti-money-laundering) review, not politics, ended Trump's accounts.