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The yen slid past 160 per dollar for the first time since September, extending losses into a third session as rising US Treasury yields and firmer Fed rate-hike expectations bolstered the dollar; the US-Japan yield gap exceeded 250bps, increasing dep

2026-11-13

The yen slid past 160 per dollar for the first time since September, extending losses into a third session as rising US Treasury yields and firmer Fed rate-hike expectations bolstered the dollar; the US-Japan yield gap exceeded 250bps, increasing depreciation pressure on the yen. A senior finance ministry official in charge of FX, Miura Atsushi, warned recent yen moves have been "too rapid" and referenced prior market intervention; Finance Minister Katayama Satsuki and US Treasury Secretary BESSENT have signaled they would intervene if necessary. Earlier USD/JPY briefly plunged over 70 pips to 159.30, fuelling intervention speculation, and was trading around 159.72. Tokyo intervened three times this summer, deploying a cumulative 15.4 tln JPY (about $96.4 bln).

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2026-11-12

At an investor-relations event, BYD said the global energy transition is driving demand for large-scale overseas energy storage, with the Middle East a priority expansion region. The company said its competitive advantage stems from Integrated batter

At an investor-relations event, BYD said the global energy transition is driving demand for large-scale overseas energy storage, with the Middle East a priority expansion region. The company said its competitive advantage stems from Integrated battery, storage inverter and energy management system capabilities.
2026-11-12

According to Oman National Television: Oman's Emergency Committee has reviewed the incidents that occurred within the territorial waters of Musandem province and is continuing to monitor for any potential environmental contamination.

According to Oman National Television: Oman's Emergency Committee has reviewed the incidents that occurred within the territorial waters of Musandem province and is continuing to monitor for any potential environmental contamination.
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