BLOOMBERG The yen briefly weakened beyond 150 against the dollar again as the wide yield gap between Japan and the US continues to weigh on this year’s worst-performing major currency. It touched 150.11 per the greenback in early Asian trading on Monday before quickly recovering amid weight from options-related dollar selling and suggestions of algorithmic transactions. It was little changed ...

BLOOMBERG European stocks fell as the 10-year yield on Treasuries hit 5% for the first time since 2007. Europe’s Stoxx 600 index sank 0.4% and S&P 500 equity futures edged lower. The yield on the US 10-year note rose nine basis points as investors bet signs of a strong economy will keep interest rates higher for longer. Oil slipped to ...

BLOOMBERG In the ballroom of the five-star Shangri-La Singapore hotel, Anthony Tan celebrated a triumph for the country’s up-and-coming tech scene. “Today we shine a spotlight on Southeast Asia!” he told the adoring crowd. His company, Grab, the region’s answer to Uber, was about to make its stock market debut. Tan had launched Grab Holdings Ltd in 2012, just as ...