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Briefs: Yen poised for big swings; London Metal Exchange looks to set up warehouse in HK; Amazon hits US$2 tril in value

The Edge Singapore
The Edge Singapore • 9 min read
Briefs: Yen poised for big swings; London Metal Exchange looks to set up warehouse in HK; Amazon hits US$2 tril in value
The Japanese yen. Photo: Jun Rong Loo/Unsplash
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Quoteworthy: "We were here in 1889, and we will be here in 2089 and beyond." –— Michael Smith, CEO of Hongkong Land, on the news of a more than US$1 billion upgrade of Landmark

Yen poised for big swings on intervention threat

The market is jittery about a big increase in volatility in the yen as a slump in the currency to the lowest since 1986 raises the spectre of Japanese intervention.

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