Japan and the U.S. confirm joint yen intervention, signaling readiness for further action to stabilize the yen’s decline.

Japan and the U.S. may unveil a joint policy next week to defend the yen after record interventions in April and May.

Market sources earlier reported rounds of yen-buying in the market by both nations, the first such joint intervention since 2011. Read more at straitstimes.com. Read more at…