Bloomberg Technology stocks have reclaimed record highs, making them one of the first groups to put last year’s carnage behind them. But everywhere else you look in the industry, bad news is overwhelming the good. Profits are shrinking at an alarming pace, valuations are reflating and politicians want to break the companies up. Semiconductor orders have slumped, and spending on …

Bloomberg The omens are looking bad for the yen. Traders have boosted short positions on Japan’s currency for six straight weeks as signs that economic growth is slowing make it more likely the central bank will maintain its record monetary stimulus. At the same time, global risk sentiment is improving as the US and China near a deal to resolve …

Bloomberg Stung by a $1.9 billion fine in 2012 for failure to prevent money laundering, HSBC has been trying to get its house in order. It quintupled the number of employees assigned to spot suspicious activity to 5,000, upgraded its technology and, in 2016, hired Jennifer Calvery, the US Treasury Department’s top anti-money-laundering official, to oversee its efforts — the …