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World stocks are mixed as yen jumps against the dollar, while oil prices slip

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World stocks are mixed as yen jumps against the dollar, while oil prices slip

BANGKOK (AP) — World shares were mixed Monday after the U.S. and Japan confirmed they had acted to prop up the value of the Japanese yen against the U.S. dollar.

Oil prices fell sharply, meanwhile, after U.S. President Donald Trump said he would order U.S. forces to refrain from attacks against Iran, claiming a deal to end the fighting in the Middle East was close. Just a day earlier, the president had said he was “losing faith” in the negotiations with Iran, warning that the U.S. military “will be hitting them very hard.”

The dollar dipped to near 155.20 yen after Trump and Japanese officials confirmed they had intervened last week to curb the U.S. currency’s rise to 40-year highs against the yen. Last week it was trading near 164 yen.

By late Monday in Tokyo, a dollar bought 156.68 yen.

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A weak yen helps to boost the profits of Japanese companies with big operations overseas, increasing their value in yen terms. It also has drawn millions of foreign tourists who have enjoyed their strong purchasing power in Japan.

But a cheap currency also weakens Japan’s purchasing power overall, pushing up costs for the imports of oil and other essential goods.

The dollar’s value has surged as it serves as a safe haven for investors in times of uncertainty, such as during war. Trump lauded the dollar’s strength in comments to reporters, but a weaker dollar can help make U.S. exports more competitive.

The U.S. Treasury bought yen through the Federal Reserve Bank of New York, analysts said, to help boost its value.

It’s a strong signal, said Stephen Innes of SPI Asset Management.

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“Washington is no longer merely giving Tokyo permission to defend the yen. It is prepared to stand on the same side of the trade,” he said in a commentary.

The euro fell to $1.1527 from $1.1549.

In European markets, Germany’s DAX gained 1.3% to 25,963.51, while the CAC 40 in Paris climbed 1% to 8,596.56. Britain’s FTSE 100 was nearly unchanged, at 10,861.95.

The future for the S&P 500 was up 0.5% and that for the Dow Jones Industrial Average rose 0.6%.

In Asian trading, Japan’s Nikkei 225 index lost 0.9% to 63,754.90, while the Kospi in South Korea dropped 5.1% to 6,257.45.

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The Kospi soared 17.9% on Friday for its best day in history after losing even more of its value earlier in the week. The index is dominated by two tech giants, Samsung Electronics and SK Hynix, both of whose shares gained more than 25% on Friday. Shares in both companies fell 8.8% on Monday.

Hong Kong’s Hang Seng index picked up 0.5% to 26,009.40 and the Shanghai Composite index lost 0.6% to 3,809.66.

In Australia, the S&P/ASX 200 gained 0.2% to 8,996.90.

Taiwan’s Taiex gained 0.6%, while the Sensex in India advanced 0.8%.

The lull in fighting in the Middle East helped pull Brent crude, the international standard, 4.7% lower to $83.92 per barrel. U.S. benchmark crude lost 5.6% to $79.89 per barrel.

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On Friday, U.S. stocks rose to finish a wild July for Wall Street.

The S&P 500 climbed 0.7% and the Dow industrials added 0.5%. The Nasdaq composite rallied 1%.

Markets have lurched up and down as oil prices shot higher because of the war with Iran. Growing worries over whether Big Tech’s massive investments in artificial-intelligence technology will translate into profits and whether chipmaker stocks have soared too high in the euphoria around AI have also buffeted share prices.

Friday’s gains sent the S&P 500 to its first winning week in three.

Amazon led the market with a leap of 15.3% after reporting much stronger profit for the latest quarter than analysts expected. Its profit more than tripled from a year earlier, thanks in part to an acceleration of growth in its cloud computing business.

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Associated Press reporters Mayuko Ono and Mari Yamaguchi in Tokyo contributed to this report.

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Iran’s regime came for teenage twins. Their fate offers a glimpse of Tehran’s widening death campaign

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Iran’s regime came for teenage twins. Their fate offers a glimpse of Tehran’s widening death campaign

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Taraneh and Romina Rahimi were 19, still in high school and living with their mother when masked men came for them in the middle of the night.

According to their U.S.-based cousin, the twin sisters were dragged from their beds with bags placed over their heads about a month after they joined anti-regime protests in Isfahan. Their family was given no explanation and spent months searching courts, hospitals and government offices trying to determine where they had been taken.

Four months later, their mother, Marzieh Nourmohammadi, was finally allowed to see them at Dowlatabad Prison. She barely recognized her daughters.

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ONE GLARING ISSUE GOES UNADDRESSED IN UN CHIEF’S HIGH-STAKES TALKS WITH IRAN’S PRESIDENT

Iranian twins Taraneh and Romina Rahimi were arrested after joining anti-regime protests in Isfahan, Iran. Taraneh has been sentenced to death, while Romina faces decades in prison. (HANA)

Their cousin, Masoud Nourmohammadi, told The Guardian that the twins had badly swollen and bruised faces, injuries to their elbows, hands and feet, and significant hair loss that he said resulted from guards pulling them by their hair as they were moved between cells. He said their mother also learned that the sisters had been held in solitary confinement.

Now 20, Taraneh Rahimi faces execution over her alleged role in the January protests, while her twin sister could spend decades in prison, in a case unfolding amid a sharp rise in Iran’s use of the death penalty.

Human Rights Activists News Agency (HRANA) reported that Taraneh was sentenced to death and an additional 11 years in prison, while Romina received a 36-year sentence. The sentences were issued by Branch 1 of the Isfahan Revolutionary Court and remain initial-stage verdicts.

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The twins are among 16 defendants prosecuted in what has become known as the “Isfahan Shohada Square” case. HRANA said 10 defendants received death sentences and the 16 defendants collectively received 256 years in prison.

The sisters’ family says the abuse was intended to force confessions.

IRAN JAILS PSYCHOLOGIST OVER TRUMP PLEA AS REGIME DEMANDS HE MAKE AMERICANS ‘LOOK STUPID’: FAMILY

Taraneh Rahimi, 20, has been sentenced to death over her alleged role in anti-regime protests in Isfahan, Iran. Her family says she was tortured in custody and forced to confess. (HANA)

Nourmohammadi told The Guardian that Taraneh was threatened that prison guards would rape Romina in front of her unless she signed a confession. The outlet reported that Taraneh later told the court that admissions attributed to her had been obtained through torture. Her mother was not permitted to attend the trial, according to the family.

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Radio Farda separately reported, citing Nourmohammadi, that the sisters suffered physical and psychological abuse and were forced to confess to accusations they deny. The Hana Human Rights Organization told Fox News Digital they have verified the torture allegations.

Concerns about torture extend beyond the sisters. HRANA reported that another defendant in the same case, Ahmadreza Saeidi, told judges during the hearing that the investigating judge personally used an electric stun gun on his neck and genitals. Defense lawyers also reportedly complained that they had not been given access to substantial portions of the case file or adequate time to examine evidence before trial.

The sentences come as rights organizations document a sharp rise in executions across Iran.

COULD NARGES MOHAMMADI UNITE IRAN’S OPPOSITION? HUSBAND SAYS IMPRISONED NOBEL LAUREATE STILL FIGHTING

A picture of Nobel Peace Prize winner Narges Mohammadi on the wall of the Grand Hotel in central Oslo before the Nobel banquet, in connection with the awarding of the Nobel Peace Prize 2023, in Oslo, Norway, Dec. 10, 2023. (NTB/Javad Parsa via Reuters)

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The Washington-based Abdorrahman Boroumand Center for Human Rights in Iran documented 901 executions during the first seven months of 2026, including 56 people executed on political or national-security charges.

Behnam Ben Taleblu, Iran program senior director at the Foundation for Defense of Democracies, told Fox News Digital that the executions should be viewed as part of a broader campaign by Tehran to suppress dissent at home.

“Despite the war in the region, despite the drone war, the missile war, the war over the Strait of Hormuz, the real war is the one that’s happening on a day-to-day basis inside the Islamic Republic,” Ben Taleblu said. “The Islamic Republic is quite literally cracking skulls, cracking down on civil society, on dissidents, on protesters.”

Among those imprisoned in Iran’s broader crackdown is Seyed Ahmad Seyedabdollahi, a 32-year-old psychologist whose case Fox News Digital reported in August.

Seyed Ahmad Seyedabdollahi, a 32-year-old Iranian psychologist, who addressed President Donald Trump in an English-language video posted on Jan. 4, 2026, urging him to follow through on his pledge to support Iranian protesters. Seyedabdollahi was arrested 10 days later and was subsequently sentenced to seven months in prison. (Fox News)

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Seyedabdollahi posted an English-language video on Jan. 4 appealing directly to President Donald Trump to support Iranian protesters, according to his relatives and Fox News Digital’s previous reporting. He was arrested 10 days later and ultimately sentenced to seven months in prison and barred from government and public services for five years.

His relatives told Fox News Digital that Iranian authorities later pressured him to record another video insulting Trump and Americans and alleged that he was subjected to solitary confinement and torture.

The Hana Human Rights Organization reported Aug. 9 that Seyedabdollahi had been held in Borujen Prison since July 7 and that authorities opened a second case against him on a charge of “propaganda against the system of the Islamic Republic.” Hana also confirmed that he was serving a seven-month sentence and had received a five-year disqualification from public and governmental services.

His relatives confirmed to Fox News Digital that authorities have continued pressuring him to say he was a “foreign agent” paid by the U.S. government. They also said authorities revoked his professional license, adding financial pressure on his family.

Ben Taleblu said Tehran has followed a similar pattern after previous periods of external conflict, turning its attention inward against perceived opponents.

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INSIDE TEHRAN: IRANIANS DESCRIBE IRGC’S BRUTAL RULE, POVERTY — ASK TRUMP TO ‘STAY THE COURSE’

Iranians attend an anti-government protest in Tehran, Iran, Jan. 9, 2026. (UGC via AP)

“We saw this trend in the aftermath of the 12-day war as well,” Ben Taleblu said. “Lose a war abroad, come home and pretend like you’re the victor.”

“Simply here, the Islamic Republic is continuing the longest war it’s ever fought, which is the 47-year war against the Iranian people,” he added.

Wednesday marks four years since the Sept. 16, 2022, death of Mahsa Amini, a 22-year-old Kurdish Iranian woman who was detained three days earlier by Iran’s morality police over what authorities described as “improper hijab.” Her death sparked nationwide protests that became known internationally as the “Woman, Life, Freedom” movement. The U.N. said reports that Amini had been beaten in custody warranted an independent investigation, while Iranian authorities maintained that she died of “natural causes.”

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‘KILLING OFF THE COUNTRY’: IRAN EXECUTES DOZENS, ARRESTS 4,000-PLUS IN WAR CRACKDOWN

Protesters march in downtown Tehran, Iran, Monday, Dec. 29, 2025. (Fars News Agency via AP)

The 2022 uprising was itself part of a longer cycle of unrest. Nationwide demonstrations beginning in December 2017 rapidly spread across Iran and represented the largest challenge to the government since the 2009 Green Movement. The 2017-18 protests were followed by another major nationwide wave in 2019 and then the 2022 Woman, Life, Freedom uprising.

Ben Taleblu argued that whenever another major protest movement emerges, Western governments should be prepared to help Iranians communicate with one another and the outside world, particularly when authorities shut down internet access.

“We know every single time another major protest is happening, the way the regime cracks down is to first turn off the internet,” he said. “That means the regime fears what comes of coordination between Iranians and fears what comes of when the Iranians are able to send their message outside to the international community.”

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Amirhossein Safari Hosseinabadi was hanged Tuesday in Isfahan’s Shahid Alikhani Square — the same location where he had joined anti-government demonstrations months earlier. (HRANA)

“The partners of the Iranian people, America, Israel, the West, these are largely all cyber superpowers,” Ben Taleblu said. “We should not let the Iranian people continue to die in the darkness.”

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Five killed and over a dozen injured in Russian attacks on Ukraine

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Five killed and over a dozen injured in Russian attacks on Ukraine

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At least five people have been killed and more than a dozen have been injured in Russian attacks across Ukraine over the last 24 hours.

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The mayor of Kyiv, Vitali Klitschko, said on Tuesday afternoon that at least 12 people had been injured in strikes on the Ukrainian capital since the morning, with one critically injured person dying in hospital.

Kyiv police said warehouses, a business center and a fast-food restaurant were damaged in attacks on the city, with Ukrainian media reporting that the restaurant was a McDonald’s.

In the southern city of Kherson, a 74-year-old woman was killed by a Russian drone strike, Oleksandr Prokudin, the head of the Kherson Region Military Administration, announced on Telegram.

Two men, aged 38 and 60, were also wounded in a drone attack on the Kherson region on Tuesday morning, per local authorities.

In Zaporizhzhia Oblast, the acting head of the Zaporizhzhia Oblast Military Administration, Mykhailo Semkin, said early on Tuesday that another man was killed and a woman was injured after an attack that reportedly targeted the power grid.

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Two others were killed and one person was injured in strikes on Sloviansk in the eastern Donetsk Oblast, authorities said.

Moscow launched 200 drones overnight at Ukraine as it continued its attacks on the country, with 187 intercepted, Ukraine’s armed forces said.

Russian oil refinery struck

For its part, the Ukrainian military reported attacks on Russia’s Syzran oil refinery, as well as on the Atlant Aero facility in the city of Taganrog, which reportedly specialises in the making of unmanned aerial vehicles and components.

In an operation carried out by Ukraine’s Special Operations Forces, including its deep strike units, the Syzran refinery’s primary crude oil distillation unit and tank farm were hit, the Ukrainian General Staff said.

Ukraine launches counteroffensive

It comes as a Ukrainian unit’s commander announced that it had launched counteroffensive against Russian forces near the eastern Ukrainian city of Lyman.

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The city of Lyman remains one of the few in the region of Donetsk not to have been occupied by Russian forces since Moscow launched its full-scale invasion of Ukraine in February 2022, but Russian forces have been making efforts to encircle it for months.

Military analysts say that its occupation could facilitate Russia’s advance towards taking the Ukrainian strongholds of Kramatorsk and Sloviansk.

But the commander of Ukraine’s 3rd Army Corps, Andrii Biletskyi, said in a video on Telegram that the unit had launched an “offensive operation” and that Ukrainian forces had cleared an area of around 75 sq km.

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Federal Reserve expected to raise its benchmark rate, defying Trump

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Federal Reserve expected to raise its benchmark rate, defying Trump
The Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation, a move that would put the central bank at odds with President Donald Trump’s demands.

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