The Japanese yen has depreciated to its lowest level against the US dollar in four decades, marking a significant milestone in the currency's prolonged weakness.
The move reflects ongoing monetary policy divergence between the Bank of Japan and the Federal Reserve, as well as broader risk-on sentiment in global markets that favors higher-yielding assets over safe-haven currencies like the yen.
In corporate developments, DL Invest Group announced plans to build a billion-dollar business centered on data centers for artificial intelligence.
The investment underscores the continued capital intensity of the AI infrastructure build-out, even as global technology shares have experienced volatility.
The firm's expansion aligns with broader trends of hyperscalers and third-party data center operators securing power and land for next-generation computing facilities.
Meanwhile, in Poland, the average value of a mortgage loan has reached a record high.