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“The China equity trade is back.” Or at least so says Société Générale, which reckons Beijing’s recent efforts to fix the property crisis has moved Asia’s biggest economy beyond the “confidence crisis” that dominated China’s market narrative in 2023.
Stock futures inched lower Monday night as investors await the start of June's Federal Reserve policy meeting.
LONDON — European stocks closed lower on Friday, as investors digested fresh U.S. jobs data and the European Central Bank's latest interest rate commentary.
Earlier this year, financial services company Klarna said its artificial intelligence agent, powered by OpenAI, had taken over two-thirds of customer chats and was doing work equivalent to that of 700 full-time agents. That was after just one month of use.
U.S. stock futures opened little changed on Thursday as investors geared up for Friday morning's nonfarm payrolls report.
SHANGHAI -- China's real estate slump is driving money into government bonds for lack of a better investment destination, pushing yields to record lows and spurring the People's Bank of China to hint that it could step in.
European stocks closed higher Wednesday, with investors in the region looking ahead to the next meeting of the European Central Bank (ECB).
This is CNBC's live blog covering Asia-Pacific markets.