Japanese yen falls to 39.5-year low against dollar, hitting 161.90 range in New York trading — weakest level since December 1986 amid widening US-Japan interest rate gap expectations.

Apple supplier Luxshare seeks up to $3.1 billion in Hong Kong share sale, CNBC reports — among the city's largest recent equity offerings

Apple supplier Luxshare is seeking to raise up to $3.1 billion through a share sale in Hong Kong, CNBC reports.

Asian stocks rally, MSCI Asia Pacific Index on track for best quarterly gain in 17 years as tech rebounds on Wall Street chipmaker surge; yen hits 40-year low

Asian stocks climbed, putting the MSCI Asia Pacific Index on track for its best quarterly gain in 17 years, as tech stocks led gains after a strong Wall Street rally driven by chipmakers. The yen hit a 40-year low.

Morgan Stanley slashes Q3 dated Brent forecast by $15 to $75/bbl as supply returns through Hormuz. Major bank revises oil outlook lower on easing Strait of Hormuz disruption concerns.

Morgan Stanley cuts its Q3 dated Brent forecast by $15 to $75 per barrel as supply returns through the Strait of Hormuz.

US stocks rally as buyers return to tech after AI-driven selloff; S&P 500 gains 1.2%, Nasdaq 100 surges 2.3% amid resumed US-Iran peace talks

U.S. stocks rallied as buyers returned to technology shares following the recent AI-driven selloff, with the S&P 500 gaining 1.2% and the Nasdaq 100 surging 2.3%. Investor sentiment improved as U.S.-Iran peace talks resumed, though oil remained elevated.