Japan’s foreign reserves drop by a record $80 billion in August following yen intervention

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Finance ministry data showed that Japan’s official foreign reserves stand at $1.207 trillion, down from July’s figure of $1.287 trillion.

Everything is awesome

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In stocks

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And should they?

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Tata’s Titan jewellery chain says consumers continue to regard the precious metal as an investment

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The forces encouraging yields to move upwards are unlikely to disappear but at least we’re in the ballpark of normal again

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If long-term interest rates decisively breach the 5% threshold, the impact could derail the AI boom