Ringgit Falls to Lowest Versus Singapore Dollar Since November

Six companies launch share sales Wednesday, the most on a single day in at least three decades.

Wall Street strategists are divided over whether the yen’s latest rally can last, even as the Bank of Japan leans toward raising its benchmark rate by a quarter point this month in response to mounting price pressures.

The founding family behind China’s biggest chain of hotpot restaurants sought to sell up to $353 million shares, sending the firm’s shares down as much as 12%, the lowest level since March 2022.

India is ramping up scrutiny of Wall Street traders with the nation’s securities regulator turning more aggressive in targeting even prominent foreign players like JPMorgan Chase amp; Co. in its $5 trillion stock market.

Japanese retail investors are betting against the yen’s sharp rally, adding to bearish wagers even as the currency climbs to its strongest levels in months.

New investment round triggers rush of vehicles with escalating fees and five-year lock-ups