Japan

35.4111749285
135.833685568

Japanese Yen Hits Lowest Level Since 1990

Amid a strengthening dollar fueled by robust U.S. economic indicators, the Japanese yen tumbled to its lowest level in 34 years. On Tuesday, the U.S. dollar surged to 151.97 yen, surpassing the previous multi-year peak set in October 2022. This surge has triggered concerns over Japan's currency stability, prompting Finance Minister Shunichi Suzuki to hint at potential intervention.

Hong Kong's new national security law comes into force

Hong Kong's new national security law came into force on Saturday, putting into immediate effect tough penalties of up to life imprisonment for crimes including treason and insurrection.

The law — commonly referred to as Article 23 — targets five categories of national security crimes and was swiftly passed by Hong Kong's opposition-free legislature on Tuesday.

Pages