Tag: asia shares
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Asia shares bend under AI stress; Apple earnings loom
SYDNEY, Nov 2 : Asian share markets slipped on Monday as worries about the sustainability of the AI investment boom loomed over the tech sector, while the high price of oil limited the safe-haven appeal of sovereign bonds.Concerns about negative cash flow and the sheer scale of AI capex saw the cost of insuri
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Asia shares edge up as chip selloff eases; US CPI awaited
HONG KONG, Oct 14 : Asian shares inched higher on Wednesday as those related to artificial intelligence found respite after a selloff, while any gain was tempered by elevated oil prices and caution ahead of U.S. inflation data later in the global day. Among firms in the AI supply chain, chipmakers Samsung Ele
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Asia shares slip, bonds submerged in tide of AI debt
SYDNEY, Oct 8 : Asian shares slid on Thursday as strains in sovereign bond markets were aggravated by reports some major tech companies were seeking to raise billions in debt in direct competition for limited funding.Oil prices jumped anew amid an increase in attacks on shipping in the Gulf and added to the p
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Asia shares subdued, bonds swamped by AI debt wave
SYDNEY, Oct 8 : Asian shares slipped on Thursday as strains in sovereign bond markets were aggravated by reports some major tech companies were seeking to raise billions in debt in direct competition for limited funding.A fresh rise in oil prices added to the pressure on Treasuries, though a strong auction of
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Asia shares bounce, others cautious as oil rises
SYDNEY: Asian shares rallied on Monday (Sep 7) as the robust US jobs report was seen as positive for global growth even as it narrowed the odds on a rise in interest rates, while oil edged higher after the US and Iran attacked ships in the Gulf.Tehran said it will announce a restricted zone outside…
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Asia shares ease on tech pullback, oil stable as Iran talks stay in focus
TOKYO, Aug 6 : Asian shares took a breather on Thursday after an AI-driven surge the previous day, while oil prices traded in a tight range as markets assessed prospects for an Iran peace deal.MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.69 per cent, led by declines in tech firms. South K
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Asia shares climb as tech mood swings, oil retreats
SYDNEY: Asian stock markets jumped on Wednesday (Aug 5) as robust earnings and renewed appetite for tech propelled Wall Street to record highs, while hopes for progress on opening the Strait of Hormuz pushed down on oil prices and bond yields.Japan’s Nikkei climbed 3.0 per cent and South Korea added 4.1 per c
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Asia shares surge on tech mood swing, oil retreats
SYDNEY, Aug 5 : Asian stock markets jumped on Wednesday as strong earnings and a resurgence of demand for tech lifted Wall Street to record peaks, while hopes for progress on opening the Strait of Hormuz dragged on oil prices and bond yields.Japan’s Nikkei climbed 3.0 per cent and South Korea added 3.4 per ce
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Asia shares shaky as oil climbs, earnings loom
SYDNEY, July 20 : Asian share markets slipped on Monday as the escalating conflict in the Gulf lifted oil prices and fanned fears of inflation, while a packed week of major tech earnings will further test investor faith in the AI trade.Brent crude climbed above $90 a barrel for the first time in more than…
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Asia shares hesitant as oil climbs, earnings loom
SYDNEY, July 20 : Asian share markets were hesitant on Monday as the escalating conflict in the Gulf lifted oil prices and fanned fears of inflation, while a packed week of major tech earnings will further test investor faith in the AI trade.Brent crude climbed 3 per cent to cross $90 a barrel for the…
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