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Japan ramps up yen intervention warning after BOJ-fuelled selloff

Japanese banknotes and coins as yen rallies

BLOOMBERG Traders are piling into fresh bets against the yen, triggering pushback from Japanese authorities who are threatening once again to take action including the possibility of currency intervention. The yen edged away from a year-to-date low on Wednesday after Masato Kanda, Japan’s top currency official at the finance ministry, said authorities are ready to act if needed. “We’re on ...

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US futures slip before Federal Reserve’s likely ‘hawkish’ hold

Japan’s topix set for lowest close since august on europe woes

BLOOMBERG US stock futures slipped and Treasuries edged higher ahead of the Federal Reserve interest-rate decision and the US government’s new borrowing plan. Contracts on the S&P 500 and the Nasdaq 100 dropped by about 0.3%. WeWork Inc plunged 42% in premarket trading after the Wall Street Journal reported that the company plans to file for bankruptcy as early as ...

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Abu Dhabi International Airport’s Terminal A ushers major milestone for UAE’s aviation aector

ABU DHABI/ WAM The new state-of-the-art Terminal A at Abu Dhabi International Airport (AUH) welcomed its first passengers to Abu Dhabi, signalling a new era in aviation history for the UAE. From now until November 14th, there will be a transition period for 28 airlines, with operations being conducted concurrently from Terminals A, 1, 2, and 3. The full transition ...

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