Asian shares mixed, yen hits 40-year low against U.S. dollar amid Middle East uncertainty
By
Yuri Kageyama
Summary
Asian shares traded mixed as uncertainty over Middle East conflict and access to the Strait of Hormuz persisted, despite an initial deal to end the U.S.-Iran war. The U.S. dollar hit a 40-year high against the Japanese yen, reaching 162.68, as traders remained wary of potential intervention by Tokyo. Oil prices edged higher while traffic in the Strait of Hormuz has yet to return to prewar levels. Markets were closed in Hong Kong, and Wall Street trimmed losses after a rocky June.
Source
bskyAsian shares mixed, yen hits 40-year low against U.S. dollar amid Middle East uncertaintyapnews.comKey quotes
· 3 pulledAsian shares were mixed on Wednesday as uncertainty persisted over conflict in the Middle East and access to the crucial Strait of Hormuz despite an initial deal to end the U.S.-Iran war.
The U.S. dollar rose to 162.68 Japanese yen from 162.55 yen early Wednesday, hitting a 40-year high as traders remained wary over risks of an intervention in the market by Tokyo.
Although oil prices have subsided from the surge that immediately followed the war in Iran, traffic in the strait has yet to resume to prewar levels.
You might also wanna read
Gallup poll: 10% of US adults affected by scams in 2025, $68bn in losses and widespread mental health harm
A new Gallup poll reveals that 10% of US adults experienced a scam directly or indirectly in 2025, with 6% personally scammed and 4% affecte
aljazeera.com·7h ago
Trump's 2025 disclosures show $580M+ in crypto income; Anthropic cleared to redeploy AI models after export control lift
The article covers three main stories: (1) Anthropic has been cleared to redeploy its AI models after the Trump administration lifted export
cnbc.com·13h ago
Hinsdale ranks 11th on MoneyLion's list of wealthiest US suburbs
Hinsdale, Illinois has been ranked the 11th wealthiest suburb in the United States by MoneyLion, dropping one spot from its top-10 position
chicagotribune.com·14h ago
Rapper Twista pleads guilty to failing to pay over $440,000 in income taxes
Chicago rapper Twista (legal name Carl Mitchell) has pleaded guilty to five counts of willfully failing to pay his income taxes from 2019 to
1011now.com·18h ago
Coinbase exec claims 40+ countries committed to bitcoin reserves; public data shows only 13 confirmed holders
Coinbase Institutional Head John D'Agostino claims that over 40 countries have committed to buying bitcoin for national balance sheets as of
briefly.co·21h ago
Federal Regulators Release 2026 List of Distressed and Underserved Rural Areas for CRA Credit Eligibility
Federal bank regulatory agencies (FDIC, Federal Reserve Board, OCC) released the 2026 list of distressed or underserved nonmetropolitan midd
occ.gov·1d ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.