Latest posts
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Hidden AI Winners in India Add $47 Billion on Data-Center Frenzy
The overarching narrative is that Indian equity markets missed out on the global artificial intelligence boom. But a look under the hood reveals a slew of smaller firms winning from trillions of dollars being spent on AI capacity.
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Gold Declines as Uncertainty Surrounds Progress in US-Iran Talks
Gold was on track for a weekly loss as uncertainty persisted over progress in US-Iran talks to end the war that’s roiled global markets.
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Korean Stocks Slide as Cracks Emerge in World-Beating Rally
South Korea’s $4.9 trillion stock market is starting to flash signs of strain after a world-beating rally.
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US Futures, Korean Stocks Drop as AI Mania Fades: Markets Wrap
Asian stocks declined along with US equity-index futures as enthusiasm for the artificial intelligence trade cooled after driving markets to record highs this year.
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Oil Steadies After First Drop This Week on Peace Talk Optimism
Oil steadied after its first decline this week, as optimism over US-Iran peace talks weighed against uncertainty surrounding a ceasefire deal between Israel and Lebanon.
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Bond Traders Expecting Fed Hike Look Ahead to Jobs Data Risk
Treasury bond traders, having bought into the prediction that the Federal Reserve will raise interest rates during the next 12 months, stand to pay a heavy price if US employment data for May are weak.
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Indonesia’s Radical Export Plan Takes Effect as Doubts Swirl
Lingering uncertainty around Indonesia’s commodity export rules means traders are holding up some shipments just as radical changes come into effect, adding to strains on Southeast Asia’s largest economy.
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Fuji Media’s Real Estate Unit Attracts 1 Trillion Yen Bids
Fuji Media Holdings Inc. has received stronger-than-expected interest in its real estate subsidiary, attracting bidders including KKR & Co., Blackstone Inc. and Goldman Sachs Group Inc., people familiar with the matter said.
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BofA Says Foreign Buyers Lured by UK Yields Despite Politics
Bank of America predicts a streak of gilt purchases by foreign buyers extended through May, as some of the highest government yields in major developed nations offset political turbulence and inflation fears.
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Rupiah Hits 18,000 Level With Markets on Guard for Intervention
The Indonesian rupiah weakened to the psychological level of 18,000 per dollar, putting investors on watch for a stronger response from the central bank.
