Asian Stocks to Rise After US Gains, China Support: Markets Wrap
Asian stocks are set to climb in early trading after US equities notched a fresh record amid resilient corporate earnings and China took steps to shore up its property market.
Asian stocks are set to climb in early trading after US equities notched a fresh record amid resilient corporate earnings and China took steps to shore up its property market.
The UK government said it would use a major summit in South Korea this week to make a fresh push on reducing the risks around artificial intelligence, putting an onus on firms to develop AI responsibly.
The UK government is set to reveal a compensation package in excess of £10 billion ($12.7 billion) this week for victims of a decades-old contaminated blood scandal, an attempt to draw a line under one of the worst injustices in recent British history.
London still leads European cities in attracting foreign direct investment in financial services, with the UK’s share of new projects reaching the highest level in a decade, a survey by Ernst & Young showed.
Standard Chartered Plc stuck it out in South Korea’s hotly contested consumer banking market while its global rivals threw in the towel one by one. It’s now paying the price.
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