Yen and rupee rise as Asian countries struggle to defend their currencies
Japan’s top currency official warns ‘decisive action’ by government might soon be necessary
Economic news
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G7 crisis talks as Iran war continues to roil global economy
Also in this newsletter: Drones enter Finnish airspace as Ukraine hits Baltic ports
Ineos flagship project risks delay from Strait of Hormuz crisis
Disruption comes as investors see Jim Ratcliffe’s chemicals group boosted by energy market ructions from Iran conflict
TotalEnergies made bumper profit on Middle East oil bet
In March, French group bought every available cargo of crude produced in UAE and Oman for loading in May
Private capital: what are the risks?
As investors seek to retrieve their money, the $22tn industry rejects comparisons with 2008. Regulators aren’t so sure