Japan's Finance Ministry Official Denies Report Japan, U.S. Discussed Joint FX Intervention

Japan’s Finance Ministry Official Denies Report Japan, U.S. Discussed Joint FX Intervention

TOKYO (Reuters) – A senior Japanese finance ministry official on Saturday denied a media report that Japan and the United States discussed coordinated currency intervention to stem further yen falls at a bilateral finance leaders’ meeting. Broadcaster TBS on Friday said Finance Minister Shunichi Suzuki and U.S. Treasury Secretary Janet Yellen discussed the idea of…

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Reliance Calls Off $3.4 Billion Retail Deal With India's Future Group

Reliance Calls Off $3.4 Billion Retail Deal With India’s Future Group

By Aditya Kalra and Swati Bhat MUMBAI (Reuters) -India’s top retailer Reliance on Saturday called off its $3.4 billion deal with Future Group, saying it “cannot be implemented” after Future’s secured creditors rejected it. The deal was at the centre of legal battles since 2020 after Future’s partner Amazon.com Inc legally blocked it, citing violation…

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