China’s currency crisis is rattling a nearby haven, the latest sign that the economic turmoil within the world’s most populous nation is cascading through global markets. The Hong Kong dollar recorded its sharpest drop against the US dollar in more than a dozen years and other emerging Asian currencies tumbled.

Sales of the bonds that helped spark the global financial crisis are selling at their quickest pace in 5 years.

About 675 companies are awaiting Chinese government approval to sell a total of roughly $63 billion in stock, according to a tally by The Wall Street Journal of securities filings.

Listen in for much more in A Wall Street Wrap-up.