Asia Stocks Set to Fall as Meta Drags on Big Tech: Markets Wrap
Asian equity markets dropped after Meta Platforms Inc.’s disappointing outlook raised concern about whether the bull market has run too far.
Asian equity markets dropped after Meta Platforms Inc.’s disappointing outlook raised concern about whether the bull market has run too far.
Vingroup founder Pham Nhat Vuong plans to give at least $1 billion more from his personal wealth to the company’s EV maker unit VinFast Auto Ltd. to fund its global expansion, he said at Vingroup’s shareholders’ meeting in Hanoi.
Xiaomi Corp. has secured 75,723 orders for its SU7 electric vehicles since last month’s launch, paving the way for the Chinese electronics giant to challenge automakers from Tesla Inc. to BYD Co. Ltd in the world’s largest car market.
Emmanuel Macron wants to set the stage for more robust European defense and drive support for Kyiv, yet he faces a battle to get results or convince voters at home to back him.
Investors are looking for the next policy domino to fall in Asia amid an escalating campaign against a resurgent dollar, after Indonesia used a surprise interest rate hike to defend the rupiah.
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