Market News
Australia’s Victoria state has approved the production license for a A$1 billion ($700 million) natural gas project to help avoid a forecast gas shortage.
South Korean stocks retreated as heavyweight chipmakers declined, tracking an overnight selloff in US technology shares amid rising oil prices.
Shares of Australian payments firm Zip Co. roughly halved after the company flagged A$10.1 million ($7.1 million) in expenses related to an external fraud event in the US.
The Nasdaq 100 slid as doubts mounted over whether hyperscalers' massive AI investments will yield adequate returns. Bloomberg's Sunny Bangia explains how cash-flow concerns are fueling market movements. (Source: Bloomberg)
Japanese government bond yields fell across the curve on Friday as an AI-driven selloff in equities boosted demand for haven assets, with a rally in US Treasuries spilling over into the Japanese market.
Read the full article here The post Tran quoted in Semafor article on China’s “dual circulation” strategy appeared first on Atlantic Council.
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Read the full article here The post Event with Megan Greene quoted in Reuters article on GDP forecasting and the IMF’s growth outlook appeared first on Atlantic Council.