US–Iran conflict Strait of Hormuz Global oil markets Energy security Asian financial markets Capital flows Monetary policy Geopolitical risk Dr Sailesh Kumar Jha Malaysia economy

By TENGKU NOOR SHAMSIAH TENGKU ABDULLAH KUALA LUMPUR, Aug 7 — The unprecedented US-Japan effort to arrest the yen’s fall may have delivered a powerful short-term rebound, but it cannot repair the structural weaknesses undermining confidence in Japan’s economy, according to Juwai IQI Chief Global Economist Shan Saeed. The yen had weakened to about ¥163.65 against…