- Reuters
UPDATE 1-Japan's FX intervention signals 160 yen line in the sand, says ex-official
Japanese authorities likely intervened in the currency market to signal they see 160 yen to the dollar as their line in the sand, Columbia University academic and former finance ministry executive Takatoshi Ito told Reuters on Thursday. "Intervention is effective if conducted in a timely manner," said Ito, who is an associate of former Bank of Japan Governor Haruhiko Kuroda and retains close contact with current Japanese policymakers. Japanese authorities are suspected of having stepped into the foreign exchange market at least twice this week to prevent sharp and economically debilitating declines in the yen.
- KABC – Los Angeles
Police preparing to disperse massive crowd at UCLA
A large police presence was on hand at UCLA as authorities attempted to disperse crowds that had grown to the thousands Wednesday night.
- KATC
Emotions run high during city council meeting in Lake Arthur
Emotions run high during city council meeting in Lake Arthur
