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May 7, 2024 2:30 PM

Yen weakens despite intervention threat, Aussie eases after RBA

The yen continued to drift lower against the dollar on Tuesday as gaping interest rate differentials weighed on the currency, despite fresh warnings from Japanese officials following two rounds of suspected dollar-selling intervention last week. The Australian dollar eased back from near a two-mont...

May 7, 2024 12:03 PM

Gaza ceasefire uncertain, Israel vows to continue Rafah operation

Palestinian militant group Hamas on Monday agreed to a Gaza ceasefire proposal from mediators, but Israel said the terms did not meet its demands and pressed ahead with strikes in Rafah while planning to continue negotiations on a deal. The developments in the seven-month-old war came as Israel...

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