Bloomberg Markets
The yen strengthened to its highest level since February, rising as much as 1.4% to 154.06 against the dollar in London trading. The gain meant the Japanese currency surpassed the peak reached after coordinated intervention by Japan and the US. Geoff Yu, senior strategist at BNY, says "some deterrence has been established" at 160 per dollar.
(Source: Bloomberg)
MarketWatch
OpenAI and Anthropic’s listings may dovetail with a seasonal tax plan, further hurting some poor performers
Yahoo Finance
Financial Times
Alice Weidel says she aims to secure 40% of the vote in Germany’s next federal elections
Bloomberg Markets
PT Merdeka Battery Materials is considering a sale of depositary receipts in Hong Kong, according to people familiar with the matter, potentially following other Indonesian miners looking to raise capital in the city.
Bloomberg Markets
Energy Aspects founder Amrita Sen discusses China's demand for oil and the outlook for crude prices as disruptions in the Strait of Hormuz continue. "We've been talking about diesel and gasoline prices being super high, and they need to stay high, but I think crude is about to close that gap," Sen tells Bloomberg Television. (Source: Bloomberg)
Bloomberg Markets
KKR & Co.-backed South Korean fashion retailer Musinsa Co. has taken the first formal step toward what could be one of the country’s biggest initial public offerings in years.