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US and Japan Intervene in Yen Markets, Iran Talks Resume and Oil Tumbles Six Per Cent
Description
Headline news for August 3, 2026: The US and Japan conduct their first coordinated yen intervention since 1998 with Tokyo estimated to have spent US$53.7 billion to halt the yen's slide. US-Iran talks resume today but reports of a cruise missile strike on a US oil tanker in the Strait cast fresh doubt on prospects.
Synopsis: A round up of global headlines to start your day by The Business Times.
Written by: Claressa Monteiro (claremb@sph.com.sg)
Produced and edited by: Claressa Monteiro or Nicole Teo
Produced by: BT Podcasts, The Business Times, SPH Media
Produced with AI text-to-speech capabilities
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