Bonus: Why does Trump care about the Japanese yen?

In a highly unusual move, the US has stepped in to back Japan's currency, the yen. Donald Trump calls it a "signal of friendship" but what is Washington hoping to achieve? And what does the move reveal about Japan's economy, after years of deflation and ultra-low interest rates? In this special bonus episode, Asia Specific podcast host Mariko Oi joins as guest of the BBC Business Daily podcast hosts Rahul Tandon and Will Bain to assess the intervention and what it will mean for Japan.

This is an additional bonus episode, you'll still receive the two regular Asia Specific podcast episodes each week.

It was recorded on Wednesday August 5th, 2026.

You can find more episodes from the BBC Business Daily podcast here: https://www.bbc.com/audio/brand/p002vsxs

Asia Pacific, unpacked by those who know it best. Bringing you essential insights and conversations on the stories shaping the region - an economic powerhouse, geo-political flashpoint and the birthplace of global cultural trends.

Hear Asian perspectives on international issues and in-depth analysis on news from a region that’s home to nearly 2.5 billion people.

Whether it is the latest on trade between the US and China, the rise and fall of political dynasties in Thailand, Indonesia, and the Philippines, or South Korea’s K-pop inspired soft power strategy, we find out what key players are thinking and dive into the stories that matter.

Hosted in Singapore by Mariko Oi, alongside BBC experts in Beijing, Bangkok, and beyond – listen to new episodes twice a week. Episodes of Asia Specific are also available on YouTube, here: https://bit.ly/4iJyeVt

Get in touch: asiaspecific@bbc.co.uk