AI Trade Comes Under Pressure, IMF-World Bank Annual Meeting
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AI Trade Comes Under Pressure, IMF-World Bank Annual Meeting
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Business and finance news from the Asia-Pacific.
Asian stocks declined as the artificial intelligence trade, one of the hottest corners of the market this year, came under renewed pressure ahead of a key earnings season. Elsewhere, Brent crude oil dropped 0.8% to around $105.80 a barrel. A Bloomberg gauge of the dollar's strength broadly held its gains from the previous session, when it climbed to its highest since mid-May 2025. Bloomberg TV hosts Paul Allen and Haidi Stroud-Watts spoke to KCM Trade Chief Market Analyst Tim Waterer.
And - Bangkok plays host to the IMF and World Bank Group Annual Meetings. Finance ministers, central bankers, and economic experts from around the globe converge to discuss global financial stability, debt vulnerabilities, and emerging market growth. Bloomberg's Avril Hong spoke to State Street Investment Management Global CIO Lori Heinel.
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