MANILA, Philippines (AP) — Asian shares advanced on Thursday, tracking Wall Street’s rise to records despite the the shutdown of the U.S. government. Technology shares jumped on expectations of higher demand for computer chips due to a partnership between South Korean tech and OpenAI. U.S. futures and oil prices also rose. South Korea’s Kospi climbed…
SHANGHAI, Sept 11 – China stocks advanced on Thursday, buoyed by technology shares, as investors remained bullish on artificial intelligence plays despite concerns over potential U.S. restrictions on Chinese innovative drugs. ** China’s blue-chip CSI300 Index was up 1.8% by the lunch break, while the Shanghai Composite Index gained 1.1%. Hong Kong’s benchmark Hang Seng…
Representative image (Picture credit: AP) Asian stocks opened with modest gains on Tuesday, supported by a rebound in technology and artificial intelligence shares, while oil prices advanced amid growing concerns over supply disruptions linked to the Russia-Ukraine conflict.In equity markets, shares in Japan and South Korea recovered after Monday’s losses, though Australian stocks slipped. US…
U.S. equities advanced Thursday, led by a rally in technology shares, while investors evaluated easing trade tensions with China and mixed economic signals ahead of a potential interest rate decision in June. The S&P 500 technology sector climbed over 2%, supported by a 1.7% rise in Alphabet (GOOGL, Financials) ahead of its earnings release. The…
(Bloomberg) — Chinese stocks slumped on Friday, extending this week’s losses, with investors citing a lack of fresh catalysts after a blistering rally. Most Read from Bloomberg The Hang Seng China Enterprises Index (^HSCE) slid as much as 2.7%, headed for its steepest two-day drop since Nov. 12. Technology shares bore the brunt of the…
(Bloomberg) — Asian stocks trimmed gains as an AI-fueled rally in Chinese technology shares faded and investors remained cautious due to tensions between the US and European Union over tariffs and the war in Ukraine. Most Read from Bloomberg A gauge of Asian shares rose 0.3%, after earlier reaching the highest level since November, while…