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2024-04-29 05:38:14

Financial Times on Nostr: Live news: Yen plunges past ¥160 per dollar amid volatile trading on national ...

Live news: Yen plunges past ¥160 per dollar amid volatile trading on national holiday
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The yen has dropped below ¥160 per dollar in volatile trading on a national holiday. The plunge comes as investors react to the ongoing Israel-Hamas war, tensions between the US and China, and Russian GPS jamming that threatens air safety. Dutch efforts to kick-start European carbon capture initiatives are underway, while Elon Musk meets with China's premier to discuss Tesla's competition with local rivals. Paramount is expected to fire CEO Bob Bakish after a clash with Shari Redstone. Turkish officials are in talks with ExxonMobil over a multibillion-dollar LNG deal. Chinese regulators warn against a Silicon Valley Bank-style meltdown. The ban on non-compete agreements is causing shockwaves across Wall Street. Voyager 1 has come back online after being dormant. The yen's plunge is occurring on a national holiday.



https://www.ft.com/content/d4570074-7c69-4d8c-9abe-022a55d7876c
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