America’s puzzling yen intervention

America’s puzzling yen intervention

Novo Nordisk’s CEO checks in on his first year at the helm, and Russia is quietly assembling a "shadow fleet" of ships to circumvent EU sanctions. Plus, we take a deep dive into a historic joint intervention in Japan’s currency.


Mentioned in this podcast:

‘Arrogance kills’: Novo chief injects risk-taking into Ozempic-maker

AstraZeneca investors raise concerns over mega-merger talks

Russia expands shadow LNG fleet ahead of EU ban

Team America: Yen police

Japan vows further yen intervention with US if needed

Listen to Unhedged on Apple Podcasts, Pocket Casts or Spotify.


Want to get in touch? Email us at podcasts@ft.com


Note: The FT does not use generative AI to voice its podcasts


The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed and Katya Kumkova. Our editor is Marc Filippino. Our show is mixed by Sam Giovinco and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Special thanks to Nisha Patel. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.


Read a transcript of this episode on FT.com


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