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Finance & Markets

Bessent Tells Japan Officials Rate Hikes Are Needed, NHK Says

US Treasury Secretary Scott Bessent told Japanese Finance Minister Satsuki Katayama and Bank of Japan Governor Kazuo Ueda that the Asian country’s next step should be to raise interest rates, NHK reports, citing an interview with a US official.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Diesel shock forever now

Today’s war headlines: US bombs two mine-laying rocket launchers on Larak Island, which could, and may have, landed mines in the Gulf of Oman. Iran bombs Jordan in response.

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