The yen weakens against the dollar amid mounting market bets on a US interest rate hike by year-end, driven by inflation concerns and policy divergence.
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International Relations
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Trump, Xi set to talk trade after 30% drop during tariff war
U.S. President Trump and Chinese President Xi Jinping are set to hold talks on trade, a year after pausing a tariff conflict that caused a 30% decline in trade flows.
Japan’s hopes for a Trump stop in Tokyo before Beijing fall through
Japan’s plans to host Trump before his Beijing trip collapsed due to diplomatic complications from the Iran conflict, impacting Tokyo’s strategic aims.