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Yen hits three-month high after Trump helps prop up currency

US and Japanese governments confirm they carried out a rare joint intervention late last weekWhy has Trump stepped in to prop up Japan’s currency?Business live – latest updatesThe yen has hit its highest level in three months after Japan and the US launched a combined operation to support the Japanese currency.The yen strengthened to ¥155 to the US dollar on Monday, its highest level since early May, after Tokyo and Washington confirmed they had carried out a rare joint currency intervention late last week. Continue reading...

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Weather tracker: Austria breaks heat records as Japan braces for Typhoon Dolphin

Soaring temperatures continue to sweep parts of Europe, while Okinawa faces powerful winds and storm surgesEurope live – latest updatesUnbearable, record-breaking heat has dominated the summer of 2026 across much of Europe. New records were set in central Europe last week, with Wieselburg in Austria registering a new July peak of 40.3C (104.5F). This is particularly significant as it is just 0.2C behind the all-time high, set in the August of 2003.However, not all of the northern hemisphere has experienced extreme heat and aridity. Vancouver recorded its wettest July since 2016 and the third wettest since 2008, with 33.6mm of rain. While that total may not appear exceptional, it is only a touch above the 1991-2020 climate average, highlighting how unusually dry July has been in the Canadian city over the past decade. Continue reading...

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