Japanese stocks rebound as yen stabilises

Japanese stocks are up 3 per cent after the public holiday weekend as a less volatile yen helps to allay market jitters. GOP presidential nominee Donald Trump sits down with X owner Elon Musk for a wide-ranging conversation on the social media platform with topics such as immigration and the economy in focus. In energy news, crude prices fall back following a 4 per cent surge as tensions in the Middle East ramp up. Israel has put its military on high alert following threats from Iran. And Danish jewellery maker Pandora shrugs off weakness throughout the luxury sector to hike its growth guidance for the second time this year.