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IAEA team reaches besieged nuclear plant in Ukraine

Bloomberg Foreign monitors arrived at a nuclear plant held by Russian forces in Ukraine, even as shelling reported in the area threatened to put their high-stakes mission at risk. International Atomic Energy Agency Director General Rafael Mariano Grossi said Thursday that Ukrainian defense officials had warned his team of increased military activity in the so-called “gray zone” separating Kyiv’s territory ...

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Russia plans to buy $70 billion in yuan, other ‘friendly’ currencies

Bloomberg Russia is considering a plan to buy as much as $70 billion in yuan and other “friendly” currencies this year to slow the ruble’s surge, before shifting to a longer-term strategy of selling its holdings of the Chinese currency to fund investment. The offshore yuan briefly extended gains against the dollar after the news, rallying to a session high. ...

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Japanese yen falls to its lowest since 1998

  Bloomberg The yen declined to its lowest since 1998, prompting warnings from Japanese government officials, as the yield gap between the US and Japan widened to heap more pressure on the currency. It falls as much as 0.5% to 139.68 per dollar in Thursday trading — a hair’s breadth from the key psychological level of 140, before paring the ...

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