Emerging-market equities fell for the first time in three days, led down by South Korean chipmakers unwinding some of the record gains they made on Friday.
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Washington's decision to join Japan in supporting the battered yen has prompted questions over what motivated the rare coordinated intervention.
Japan's finance ministry said Monday it conducted a coordinated yen-buying intervention with the U. S. Treasury on Friday.
Samantha Dart, Co-Head of Global Commodities Research at Goldman Sachs, discusses how oil prices may develop if the conflict in the Strait of Hormuz continues to escalate, and warns that a supply glut may pose a challenge even if the supply interruptions are resolved.
Developing story — details emerging. Check the source link for the latest updates.