Asia Stocks to Rise as Tesla Buoys US Tech Giants: Markets Wrap
Stocks in Asia rose, following a US tech rally and fresh economic data that rekindled hopes for US interest rate cuts.
Stocks in Asia rose, following a US tech rally and fresh economic data that rekindled hopes for US interest rate cuts.
China’s local credit yields have fallen to the lowest level ever as investors load up on corporate bonds to boost returns in a financial system awash in liquidity.
Australia’s inflation came in faster than expected in the first three months of 2024, suggesting price pressures are proving stickier and bolstering the case for the central bank to hold interest rates at a 12-year high.
SenseTime Group Inc.’s stock soared its most in more than two years after releasing the latest version of its SenseNova generative AI model, highlighting the intense interest surrounding China’s efforts to develop artificial intelligence.
The first plug-in G-Wagon looks much like its combustion era predecessor and starts at around $152,000.
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