The tech stock boom, financed in large part by the yen carry trade, is at risk of collapse if the currency strengthens
3-MIN READ3-MIN ListenAnthony RowleyAnthony Rowley is a veteran journalist specialising in Asian economic and financial affairs. Published: 4:30pm, 8 Aug 2026The world might be dividing into rival camps and competing trade blocs, but international capital flows remain footloose and fancy free. In so doing, they pose a threat to what remains of stability in the real economy.