Japan, US Confirm Joint Yen-Buying Intervention, Signal Readiness for More Action

Japan and the United States have confirmed that they carried out a coordinated intervention in the foreign exchange market to support the Japanese yen, marking the first joint currency operation between the two countries in more than a decade. Japanese authorities said they remain prepared to intervene again if necessary, underscoring growing concern over the yen’s prolonged weakness and its potential impact on global financial markets.

Capital One Says Trump Organization Accounts Were Closed After Anti-Money Laundering Review

Capital One has told a U.S. federal court that its decision to close more than 300 bank accounts linked to the Trump Organization in 2021 followed an internal anti-money laundering (AML) review rather than political considerations. The filing was made as the bank seeks dismissal of a lawsuit brought by the Trump Organization and Eric Trump, who allege they were unlawfully “debanked” because of their political affiliations.

USA Cricketer Akhilesh Reddy Receives Eight-Year Ban for ICC Anti-Corruption Code Breaches

USA cricketer Bodugum Akhilesh Reddy has been handed an eight-year ban from all forms of cricket after an ICC anti-corruption tribunal found him guilty of multiple violations of the ICC Anti-Corruption Code. The suspension has been applied retrospectively from November 21, 2025, the date when he was provisionally suspended, and will remain in place until November 2033.