Bloomberg The yen sinks to a fresh 24-year low against the dollar as risk assets rebounded and investors ventured out of havens. The currency falls more than 1% overnight and traded at 136.50 per dollar in Tokyo, its lowest since 1998. “The demand for safe haven currencies is down today and that’s weighing on the yen,” said Brendan McKenna, ...

  Bloomberg India’s rupee may extend declines to a record-low 81 per dollar by year-end due to rising prices of crude and other raw materials, according to Bank of America (BofA). The currency has already slumped more than 5% this year as Russia’s invasion of Ukraine sent Brent crude surging to almost $140 a barrel in March. The rally in ...

  Bloomberg Stocks in Europe fall along with US futures and commodities amid ever-louder warnings that Federal Reserve monetary tightening may lead to an economic downturn. The Stoxx Europe 600 Index retreated while contracts on the Nasdaq 100 extended declines to 2% and those on the S&P 500 also dropped, pointing to a reversal from Monday’s bounce in the main ...