Earnings Put AI Trade to the Test, Bund Summit Begins
Business and finance news from the Asia-Pacific.
US equity-index futures rebounded from last week's chip rout, offering some respite ahead of key earnings that may set the market's direction amid mounting pressure on the artificial intelligence trade. Oil slipped. Asian shares, reacted to that move and fell with MSCI Inc.'s regional equities gauge dropping 0.5%, with losses in Japan and in South Korea. Bloomberg's Yvonne Man and David Ingles spoke to Natixis Investment Managers Head of Global Market Strategy Mabrouk Chetouane.
And - The annual Bund summit began in Shangahi, bringing together policymakers, academics, and senior financial executives to discuss the latest global macroeconomic and policy trends. Bloomberg's Stephen Engle spoke to Cornell University Professor and Former World Bank Chief Economist Kaushik Basu.
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