Financial markets

Despite the US Treasury secretary’s efforts, investors worry something is up

After historic US-Japan intervention on the currency, the risk of market ructions is again rising

Doubts about the dominance of the US dollar have resurfaced but markets have not voted with their feet

The patience of the bond markets will ultimately wear thin

The tech MNC’s stock has gyrated this year, both plunging and soaring by historic amounts

It probably is a bubble

Potential hotspots include a reformist new Fed chair, weak yen and high-stakes earnings season

The bank recommends investors to add energy infrastructure alongside technology as artificial intelligence power demand surges

When the crash comes, stabilising markets will be easy compared with reordering society for AI