Currencies

Yen jumps suddenly with traders on high alert for intervention

The Japanese currency rose as much as 0.9 per cent to 161.115 per US dollar and was last trading at 161.85, up 0.45 per cent.

Japan shifting to ambush intervention tactics against yen speculators, sources say

Officials are also avoiding any suggestion of a specific “line in the sand” exchange-rate level that would trigger action.

Japan sees leap in bankruptcies triggered by weak yen

兑换率、新币、新元、日元、美金、美元、钞票。
Singapore Dollars, Singapore’s strong exchange rate，currency, US Dollars, Japanese Yen, paper notes.

Yen hits 40-year low against US dollar in historic slide, new all-time lows against Singdollar

The yen slid to 161.98 versus the US dollar, its weakest level since 1986, putting traders on high alert for authorities wading into the market.

Malaysian ringgit expected to weaken further against Singdollar in 2026

The ringgit has weakened by 0.2 per cent against the Singdollar so far in 2026 after strengthening by 4 per cent in 2025.

Stocks dip after US-Iran peace talks delay; yen nears 40-year lows

The MSCI All-World index was down 0.14 per cent, after US Vice-President J.D. Vance pulled out of a meeting with Iranian negotiators.

Indonesia central bank raises policy rates again to support rupiah

The central bank has now hiked its policy rates by a total of 100 basis points in three moves over the past four weeks.

Japan vows to act ‘any time’ on yen after currency slides on Fed rate hike bets

The yen has wiped out gains made after Tokyo’s last intervention on April 30.

News analysis

Hormuz reopening will offer relief for Asia, but economic scars will remain

Asia’s heavy reliance on energy and other commodities that move through the Strait of Hormuz means impact of disruptions likely to linger through the end of 2026.

Asia stock markets cheer Iran deal, wait to see oil start flowing; STI up 1.3%

Japan’s Nikkei share index soared 4.4 per cent as at 8.35am Singapore time, while Australia’s S&P/ASX 200 rose 1.3 per cent.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.