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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 week Why has Trump stepped in to prop up Japan’s currency? Business live – latest updates The yen has hit its highest level in three months after Washington and Tokyo 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, as the two governments confirmed they had carried out a rare joint currency interventio

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Alan Jones allegedly gifted cash and car to teenager he kissed after commenting on sprinter’s penis, trial hears

A champion athlete who was 14 when he met Alan Jones has told a Sydney court the broadcaster befriended him after he broke a record, and went on to give him a mobile phone, a car and up to $600 a week. Complainant J gave evidence on Monday during the first day of Jones’s indecent assault and sexual touching trial at Sydney local court. Jones, 85, has pleaded not guilty. J said Jones first contacted him through his coach and invited the teenager to visit him at home on multiple occasions while th

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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 surges Europe live – latest updates Unbearable, 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 h

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Australia news live: Chalmers asks regulator to watch service stations ‘like a hawk’ as fuel excise cut ends

Good morning, and happy Monday. Nick Visser here to get the week’s news going. Here’s what’s on deck: The high-profile trial of former broadcaster Alan Jones for indecent assault and sexual touching charges begins today in Sydney. LinkedIn has been pulled into the government’s news bargaining incentive legislation and will no longer be exempt from the agreement. The announcement comes after consultation with the industry, with the government saying the changes “remain true to the policy rational

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Infantino opponents threaten 'non co-operation' with Fifa

Opponents of Fifa president Gianni Infantino are threatening "non co-operation" with the governing body unless he steps down, according to senior Uefa sources.

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New California law expands DNA tools for missing persons investigations

A new California law is expanding the state’s use of DNA technology in missing persons investigations, giving authorities another tool to identify unknown people and revisit unresolved cases. Gov. Gavin Newsom , a Democrat, signed the measure into law last month, loosening restrictions on California’s Missing Persons DNA Program. The program had previously been limited to identifying deceased individuals. Under the expanded law, its database may also be used to identify unknown people who are al

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BBC World News · 4h ago

US and Japan take action to prop up yen in rare joint move

Both countries have said that they will not hesitate to conduct joint interventions in the future.

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Fox News · 4h ago

NASA opens first major new wind tunnel in more than 40 years at Virginia facility

NASA opened its first major new wind tunnel in more than 40 years Friday, marking a milestone for future aviation and space-exploration research. The Flight Dynamics Research Facility, located at the agency’s Langley Research Center in Hampton, Virginia, will serve as a testing ground for future aircraft and space missions. "The opening of the Flight Dynamics Research Facility represents a significant advancement for NASA and for the nation," said Dr. Trina Dyal, NASA Langley center director. "B

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ABC News · 4h ago

Iran live updates: Tehran says 'progress' made in Strait of Hormuz talks with Oman

President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes.

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NBC News · 4h ago

Trump says new Iran talks will start Monday after calling off attacks

President Donald Trump speaks to reporters onboard Air Force One while returning to the White House, Sunday, Aug. 2, 2026.

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NPR News · 4h ago

Israel says it has serious concerns with Hamas disarmament deal

President Trump announced proposed disarmament deal with Hamas last week. Israeli strikes overnight and into Sunday evening killed at least 17 people, including children, in Gaza. (Image credit: Jehad Alshrafi)

Today's highlights

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U.S. dollar weakens sharply against the Japanese yen after market interventions

The U.S. dollar weakened sharply Monday against the Japanese yen after U.S. President Donald Trump and Japan's finance minister confirmed both sides had intervened in markets. (Image credit: Eugene Hoshiko)

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'Your legacy will live forever': Nepal mourns climber Nirmal Purja

Tributes are pouring out across Nepal after an avalanche killed some of the country's best mountaineers.

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Two men seriously injured after Sydney building suddenly collapses

Another five people assessed by ambulance personnel after roof and wall on Wattle St in Ultimo caves in Two people have been pulled from debris after a building in an inner city suburb suddenly collapsed. The men, aged in their 30s and 60s, are in a serious condition after being transported to hospital, Ambulance NSW said on Monday. Continue reading...

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‘Stop all outdoor activities’: South Korea records its highest ever temperature

Authorities issue alert saying indoor spaces without airconditioning are ‘dangerous’ as temperatures pass 40C for fifth straight day South Korea has registered its highest temperature since records began more than a century ago, as authorities warned people to “immediately” stop all outdoor activities in affected areas. The south-eastern city of Yangsan saw the temperature reach 42.5C on Sunday afternoon, the Korea Meteorological Administration (KMA) said, the highest temperature reported since

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NPR News · 4h ago

South Korea ditches 'denuclearization-first' strategy. What will Pyongyang do next?

South Korea is moving away from its policy of prioritizing the immediate denuclearization of North Korea. But despite that shift, experts doubt Pyongyang will return to the negotiating table. (Image credit: KCNA/KNS)

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ABC News · 4h ago

Maryland lawmakers to consider steps toward partisan redistricting for 2028

Maryland lawmakers to consider steps toward partisan redistricting for 2028 Maryland lawmakers are set to kick off a special session to consider a first step in a partisan redistricting initiative that could help Democrats pick up an additional U.S. House seat by 2028 Maryland lawmakers will kick off a special session Monday to consider a first step in a partisan redistricting initiative that could help Democrats pick up an additional U.S. House seat by 2028. The General Assembly will begin deba

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Todd Blanche rescinds Trump's 'anti-weaponization fund' ahead of nomination hearing

Acting Attorney General Todd Blanche issued a formal order late Sunday terminating President Donald Trump's $1.8 billion "anti-weaponization fund" to compensate his political allies. (Image credit: Mark Schiefelbein)

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Todd Blanche rescinds Trump's 'anti-weaponization fund' ahead of nomination hearing

Todd Blanche rescinds Trump's 'anti-weaponization fund' ahead of nomination hearing WASHINGTON — Acting Attorney General Todd Blanche issued a formal order late Sunday terminating President Donald Trump's $1.8 billion "anti-weaponization fund" to compensate his political allies, a move that follows weeks of negotiations with two Republican senators who were blocking his nomination to become attorney general. A spokeswoman for Texas Sen. John Cornyn, one of the senators holding up Blanche's nomin

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NHS mental health trust plans £25m in cuts to jobs and services

An NHS mental health trust plans to cut a wide range of its services and axe hundreds of jobs to close a £25m hole in its finances. The move by the East London foundation trust (ELFT) and the scale of potential cuts involved have been called unfathomable given demand for NHS mental health support is rising rapidly. The plan has sparked fears that under-18s and adults needing psychological treatment will have to wait longer or be forced to go private, leading “to lives being destroyed”. It will i