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Japanese stocks came under sharp pressure Monday as the Nikkei 225 dropped nearly 2% in early trading. The benchmark fell 1.97% to 65,096.63 and later touched an intraday low of 64,832.10. Technology shares led much of the decline as investors reacted to higher bond yields and tighter interest rate expectations. The broader Topix also weakened early, falling 0.84% to 4,111.71. Japanese government bond yields rose at the same time, adding pressure to rate sensitive parts of the equity market.

The agreement brings the Ministry of Investment and Downstreaming together with the Ministry of Youth and Sports on business licensing. It also covers investment promotion and services for companies operating in sports-related fields. The ministries will coordinate through Indonesia’s Online Single Submission system, known as OSS. Their cooperation also includes compliance monitoring, regulatory coordination and data sharing. The framework applies to investment development across Indonesia’s sports sector rather than establishing a US$521 billion domestic industry target.

Brent crude settled $2.22 lower on Monday at $92.17 a barrel, a decline of 2.35%. WTI dropped $2.05, also 2.35%, to close at $85.01 a barrel. The U.S. benchmark reached a one-week low during the session. The losses followed gains over the previous two weeks and came as traders absorbed new U.S. economic measures targeting Iran and entities maintaining business links with the country.

Alibaba Group has priced an HK$80 billion share placement to fund artificial intelligence investment and expand its AI infrastructure. The Chinese technology group will issue 710 million new ordinary shares at HK$112.70 each. The deal is worth about US$10.2 billion at current exchange rates. Alibaba expects the transaction to close on Aug. 26, subject to customary conditions.

The ship will call at Felixstowe in the United Kingdom on September 9, according to the official schedule. Rotterdam in the Netherlands follows on September 11, with Gdansk in Poland scheduled for September 15. The vessel will then return to South Korea through the same Arctic route. The Busan-to-Rotterdam distance on the planned route measures about 13,000 kilometers. The trial will gather operating data throughout the voyage.

Exports also reached an all-time monthly high and extended their year-on-year growth streak to 11 months. The 23.2% increase followed a 19.3% rise in June. Demand for semiconductor-related products remained strong, supported by investment connected with artificial intelligence and data centres. A weaker yen also raised the yen value of overseas sales and made Japanese products cheaper for some foreign buyers. The export performance exceeded the pace recorded during the previous month.

U.S. stocks ended modestly higher Wednesday as long-term Treasury yields fell sharply. The S&P 500 rose 16.22 points, or 0.21%, to 7,707.98, ending a three-session losing streak. The Dow Jones Industrial Average gained 119.65 points, or 0.22%, to close at 53,463.05. The Nasdaq Composite added 41.38 points, or 0.16%, finishing at 26,331.09. Falling government bond yields helped major indexes recover after several sessions of pressure from rising borrowing costs. Bond prices climbed after the U.S. Treasury Department announced larger liquidity support buybacks for longer-dated government debt. Starting September 9, the maximum purchase size will increase from $2 billion to at least $4 billion per operation. The change covers nominal coupon securities in the 10-to-20-year and 20-to-30-year maturity sectors. The increased amounts will remain in effect through November 4. The department said strong volumes of high-quality offers supported the decision to increase liquidity operations in those sectors. Treasury yields moved lower following the announcement, reversing part of a recent rise in long-term borrowing costs. The 10-year Treasury yield fell to about 4.65%, while the 30-year yield declined to about 5.20%. Bond yields move inversely to prices, so stronger demand for government debt pushed yields lower. The retreat eased pressure that had accompanied the recent

Eco-friendly vehicles provided the strongest lift to South Korea’s auto exports during the month. Their export value increased 25.5% from a year earlier to US$2.59 billion. Electric and hydrogen vehicle exports rose 31.9% to US$940 million. Hybrid exports advanced 22.2% to US$1.65 billion. By contrast, exports of internal combustion engine vehicles fell 3.1% to US$3.65 billion. Eco-friendly models accounted for about 41.5% of the country’s total automobile export value in July.

Diesel prices remained elevated on Wednesday as tighter refined-product supplies kept pressure on fuel markets in the United States and Europe. U.S. ultra-low sulfur diesel futures jumped 7.4% on Monday to settle at $4.19 a gallon. That marked the contract’s biggest daily gain since July 13. Early Wednesday trading put the contract near $4.28 a gallon, while European diesel refining margins remained at historically high levels after rising nearly 10% on Monday.

Denmark’s annual consumer price inflation eased to 1.7% in July from 1.9% in June, with core inflation remaining steady at 2.3%. Restaurants and hotels were the main contributors to July inflation, with holiday home rental prices driving the increase. Overall, goods prices were lower by 0.7% compared to a year ago, while services prices rose by 3.8%. The EU harmonised index of consumer prices fell to 1.6% in July, down from 1.8% in June.