Stocks, bonds, currencies, and the forces moving global markets.
Barely a week after Japan and the United States spent billions to haul the yen back from a 40 year low, the currency has surrendered half of those gains. Now Tokyo is leaning on words instead of money, threatening more action while traders quietly test whether the authorities will really pull the trigger again.
Morning Sun Editorial ·
In a rare show of transatlantic muscle, Japan and the United States acted together in the currency market to halt the yen's slide to depths not seen in four decades. The coordinated buying handed the currency its biggest single-day jump since 2022 and put speculators betting against it on notice.
Morning Sun Editorial ·
ChangXin Memory Technologies rocketed on its first day of trading in Shanghai, closing the session worth more than Intel and cementing its place as Asia's biggest listing of the year. The frenzy captures both the money chasing China's chip ambitions and the questions hanging over the price.
Morning Sun Editorial ·
Sponsored by MarketSmart Communications Inc. on Behalf of Fox Tungsten Ltd. Authored by Lemuel Daher The tungsten market is at historic highs. Rotterdam APT pricing of tungsten is US$3,185 per metric…
Adrian Sydenham ·
With price growth finally closing in on its long-sought target, the Bank of Japan heads into its late-July meeting facing a familiar question. Governor Kazuo Ueda has signaled that rates still need to rise, but he is in no hurry to say exactly when.
Morning Sun Editorial ·
Yan Junjie built a paper fortune worth more than 12 billion dollars when his AI startup went public. A brutal slide and a flood of newly tradeable shares have now erased most of it.
Morning Sun Editorial ·
