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River Davis

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Tokyo
As seen in: The New York Times, MSN, MSN Money Canada, The New York Times en Español, UOL, 7@7, Bloomberg News, Estadão, MSN Chile, The Economic Times, The Times of India and
Correspondent @nytimes covering Japan. Previously @WSJ and @business. DM for Signal/WhatsApp/Line.
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Articles

Gulf Oil Giants Push to Expand Overseas Stockpiles as Iran War Drags On

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By River Davis Verified
| The New York Times Verified
You have a preview view of this article while we are checking your access. When we have confirmed access, the full article content will load. Gulf Oil Giants Push to Expand Overseas Stockpiles as Iran War Drags On Saudi Arabia and the United Arab Emirates are seeking larger oil reserves in Japan and South Korea as regional conflict threatens supply routes. Storage tanks at an oil refinery, in Yokohama, Kanagawa, in Japan in April.Credit...Yuichi Yamazaki/Agence France-Presse — Getty Images Aug.
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Why Japan Is Struggling to Stop the Yen’s Decline Original

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By River Davis Verified
| The New York Times Verified
The Japanese yen has resumed its slide over the past two weeks, surrendering ground it gained after the United States and Japan spent tens of billions of dollars to prop up the currency languishing near four-decade lows. The yen briefly strengthened to 155 per dollar intraday after the intervention in late July. But the rally quickly faded, and on Friday, the currency was trading at around 159 to the dollar.
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Why Japan Is Struggling to Stop the Yen's Decline

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By River Davis Verified
| Breaking One
TOKYO -- The Japanese yen has resumed its slide over the past two weeks, surrendering ground it gained after the United States and Japan spent tens of billions of dollars to prop up the currency languishing near four-decade lows. The yen briefly strengthened to 155 per dollar intraday after the intervention in late July. But the rally quickly faded, and on Friday, the currency was trading at around 159 to the dollar. Its renewed slide could spark another intervention.
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