Discover how Washington and Tokyo's unprecedented joint intervention aims to stabilise the yen, which has hit its lowest point in decades, and what this means for global markets.

The reported action would be the US Treasury’s first direct support for the yen since 2011. Read more at straitstimes.com. Read more at straitstimes.com.

It was Washington's first yen-buying intervention with Tokyo in more than a decade as it languishes near 40-year lows.

Japan's Finance Minister plans to reveal a cooperation with Washington regarding currency market interventions aimed at arresting the yen's drastic decline to levels not seen in…