Investors responded to Big Tech’s gains this week with a stark warning: They will forgive record spending that delivers solid growth, but punish companies if they don’t, showing how much the stakes have changed since ChatGPT launched more than three years ago. Revenue at Facebook owner Meta Platforms rose 24% in the December quarter, thanks […]
Emerging Asia is attracting new demand as a relative refuge from geopolitical uncertainty elsewhere, even as some immediate risks have diminished. US President Donald Trump’s decision to suspend tariff threats against Europe over Greenland has calmed markets for the time being. As concerns about tensions in the Middle East and US actions in Latin America […]
Asian shares tumbled in early trading on Monday as investors reined in their risk appetite at the start of a week sprinkled with central bank decisions and data releases.MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.6%, led by a fall of as much as 2.7% in South Korean shares, one of the world’s […]