Crackdown stems from junta's fear of financial collapse, after a plunge of the Myanmar currency and news its citizens were the second largest group of foreign buyers of Thai condos in the first quarter of this year

Asian markets were generally subdued on Tuesday – except for India, where news that the Modi government may fall short of a big election win caused shares to sink

Japanese authorities have not been able to make a sustained difference to the yen and are unlikely to keep the currency from hovering near crucial lows

Economic data from April heightens uncertainty on the timing of the Bank of Japan's next interest rate hike

The Nikkei jumped by 1.57% on Tuesday, while the Hang Seng dropped 0.5% as investors cashed in on the best performance in six years – a rise over 10 consecutive trading days

China's blue-chip index jumped 1.4% on Monday, while the Hang Seng was up 0.55% in Hong Kong, but trading was thin, with a holiday in Japan.

Major intervention by Tokyo this week has lifted the currency from 34-year lows, while the dollar has had its worst week in two months, but concerns about the currency and economy remain

Former foreign exchange division boss says Tokyo’s prime motivation is to prevent speculators sparking a currency meltdown

Heightened risk of US sanctions has caused China's big banks to go cold on financing Russia-related transactions, trade and banking sources said

Secretary of State Antony Blinken is set to fly to Beijing to outline this threat in a bid to stop China's financial backing for Russia's military production

Fading hopes of a US interest rate cut anytime soon have pushed the Japanese currency to 34-year lows

The currencies of China's trading partners have weakened faster than the yuan recently, eroding the country's export competitiveness and hampering its recovery