Bloomberg The US will put $3.5 billion in Afghanistan’s central bank reserves under the control of a Swiss-based oversight board to pay for limited financial services in the country while ensuring the Taliban regime doesn’t get access to the money, the US Treasury Department said. The funds, which the US froze after the Taliban takeover of Afghanistan last year, will ...

Bloomberg Ukrainian President Volodymyr Zelenskiy visited the newly recaptured city of Izyum on Wednesday, an appearance that underlined the stunning success of a counteroffensive against Russian forces in the country’s northeast. The unannounced visit appeared to belie claims from Moscow that parts of Izyum, which had been a critical staging post for Russian weapons and troops fighting in the eastern ...

Bloomberg The yen rebounded from near a 24-year low on signs the Bank of Japan is preparing an intervention to prop up the currency. The central bank conducted a so-called rate check in the currency market, meaning officials called asking for an indicative price at which it could intervene, according to a person with direct knowledge of the events. The ...