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News 2026-10-22 11:16 UTC

Stocks Slide on AI Concerns & Oil Rallies - Europe Market Wrap

Stocks fell globally as disappointing tech earnings fuelled doubts over whether heavy AI investment can deliver sufficient returns, while escalating Middle East tensions pushed oil prices higher. Nasdaq 100 futures dropped 1.7%, threatening to erase much of the index’s 2.2% weekly gain, while S&P 500 futures fell 1%. L

News 2026-10-20 02:10 UTC

Hong Kong Stocks Fall as AI Concerns Persist

The Hang Seng Index fell around 1.0%, or 223 points, to about 23,960 on Tuesday as Hong Kong equities resumed trading after Monday’s public holiday, with technology services and retail shares leading losses. Technology stocks remained under pressure amid concerns over the financing of AI infrastructure, elevated borrow

News 2026-10-07 03:29 UTC

Chinese Yuan May Be Undervalued -- Market Talk

0328 GMT - The Chinese yuan is undervalued by as much as 25%, Jonas Goltermann, chief markets economist at Capital Economics says in a note. Reducing China's trade surplus to a broadly balanced position would necessarily involve the yuan's significant appreciation, he says. That said, exchange rate adjustment alone wou

News 2026-10-07 02:25 UTC

Thai Central Bank Likely to Keep Monetary Policy Accommodative -- Market Talk

0224 GMT - The Bank of Thailand is still likely to keep monetary policy accommodative, say two members of Goldman Sachs' economics research team in a note. While reduced fuel subsidies could drive up inflation by allowing greater pass-through from global energy prices, the members do not expect the BOT to respond unles