TOKYO: Japan’s ruling party is not yet in active discussion on what yen levels would be deemed worth intervening in the market, though the currency’s slide towards 160 to the dollar could prod policymakers to act, party executive, Takao Ochi, told Reuters. “There is no broad consensus right now, but if the yen slides further toward 160 or 170 to the dollar, that may be deemed excessive and could prompt policymakers to consider some action,”…

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NEW YORK/LONDON :World stocks rose on Wednesday led by gains in the tech sector, notably U.S. megacaps, and the yen was mired near 34-year lows, keeping traders wary of intervention from Japan.An after-hours surge in shares of electric vehicle maker Tesla, following its promise of new models, and upbeat earnings…

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