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U.S. President Trump and Treasury Secretary Scott Bessent have both confirmed a joint U.S.-Japan intervention in the yen, sending shockwaves through global financial markets. (File photo by Lin Yen-cheng)

Yen Surge Defuses Carry Trade Bomb, Former Taiwan Deputy Premier Warns

Japan spent ¥11 trillion intervening in currency markets, only to see the effects evaporate — exposing the depth of the country's structural economic problems. (Photo / Pexels)

Japan Spent ¥11 Trillion Defending the Yen. It Didn't Work.

On January 5, 2026, Japan's Finance Minister Katayama Satsuki rings the opening bell at the Tokyo Stock Exchange opening ceremony. (File photo, AP)

Yen Breaches 160 Mark, Japan Warns of Currency Intervention

The Bank of Japan voted 6-3 to keep rates unchanged, marking the most significant internal division since Kazuo Ueda (植田和男) took office as BOJ Governor. (AP)

BOJ Holds Rates, But a 6-3 Split Puts June Hike Firmly in Play

Japanese Prime Minister Sanae Takaichi affixes victory flowers at party headquarters on February 8, 2026. (AP)

Japan to Use Strategic Oil Reserve to Prevent Price Surge