The yen jumped 0.6 per cent to 161.39 per US dollar on the news, as at 10.52am Singapore time. Read more at straitstimes.com. Read more at straitstimes.com.

TOKYO, July 10 : Japan's finance minister said on Friday the government aims to steer the country's vast state pension funds to "substantially" lift investments in domestic…

Japan's Finance Minister pushed pension funds toward domestic bonds, lifting the yen and cutting JGB yields briefly amid a historic bond market selloff.