Oil Drop Eases Inflation Woes
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Oil Drop Eases Inflation Woes
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Business and finance news from the Asia-Pacific.
Asian shares rose, led by chipmakers, as a decline in crude oil eased concerns about quickening inflation. MSCI's Asia Pacific equities gauge climbed 0.8%, with Samsung Electronics Co. and SK Hynix Inc. the biggest contributors. The regional benchmark was poised for a fourth gain in five sessions. Chip stocks had also advanced on Wall Street, with Nvidia Corp. snapping a seven-day run of losses before its earnings later Wednesday. We speak to Bloomberg's Executive Editor for Asia Markets, Paul Dobson.
And - The newly established Asia Innovation and Technology Enterprises Going Global Summit aims to transition Asian tech firms from regional leaders into global players. Bloomberg's Minmin Low spoke to MindRank AI Founder and CEO, Niu Zhangming.
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