Bloomberg Line Corp. surged 32 percent in its Japan trading debut after the messaging company raised more than $1 billion in the biggest technology initial public offering of the year. The shares rose to 4,345 yen in Tokyo from their IPO price of 3,300 yen, giving Line a valuation of 912 billion yen ($8.6 billion). About two-thirds of the ...

  Bloomberg Turkey’s lira plunged the most in eight years, an exchange-traded fund tied to the country’s shares declined and U.S. Treasuries ticked higher after Turkey’s army said it seized power and President Recep Tayyip Erdogan asserted that he remains in control. U.S. stock futures slipped. The lira lost 4.6 percent to 3.0157 per dollar in the biggest selloff since ...

  Bloomberg The attempted military coup in Turkey may boost oil prices by imperiling crude shipments through the country, a major energy-trade corridor. For now, shipping lanes are clear. The Turkish straits are open and shipping traffic hasn’t been disrupted, an official at the Istanbul-based shipping center said by phone on Saturday. “Any uncertainty in that region almost invariably results ...