Yen falls to 40-year low against the dollar as traders watch for potential FX intervention, WSJ reports. Currency slide puts focus on whether Japanese authorities will step in to support the yen.

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.

Magnificent Seven stocks shed $2.3 trillion in Wall Street tech rotation, FT reports, as investors pivot away from mega-cap tech names.

The Magnificent Seven stocks have shed $2.3 trillion in a Wall Street tech rotation, the Financial Times 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.