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Taiwan Weighted Index opened up 350.34 points, or 0.75%, at 46,906.73 on Tuesday, July 7.

2026-07-07

Taiwan Weighted Index opened up 350.34 points, or 0.75%, at 46,906.73 on Tuesday, July 7.

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2026-07-07

The UK Maritime Trade Operations Office has received a report of an incident that occurred 8 nautical miles east of Lima, Oman.

The UK Maritime Trade Operations Office has received a report of an incident that occurred 8 nautical miles east of Lima, Oman.
2026-07-07

Michael Nizad, head of multi-asset and portfolio management at Edmond de Rothschild Asset Management, said the yen’s weakness is excessive given Japan’s strong fundamentals and could push USD/JPY toward 170 within three months absent intervention. US

Michael Nizad, head of multi-asset and portfolio management at Edmond de Rothschild Asset Management, said the yen’s weakness is excessive given Japan’s strong fundamentals and could push USD/JPY toward 170 within three months absent intervention. USD/JPY hit 162.83 on Wednesday, a 40-year high, and was trading at 161.76. Nizad said such depreciation would boost Japanese industry competitiveness and would be unacceptable to the Trump administration, so he expects coordinated foreign-exchange intervention by the Bank of Japan, Federal Reserve and European Central Bank in H2. He added that any appreciation without intervention would likely be short-lived; a successful intervention could compress USD/JPY to around 155, making the near-163 move the peak.
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