Wednesday, May 7, 2025

Asian stocks start cautiously after Fed holds rate

A regional gauge fell 0.4% and equity-index futures for the US were flat in early Asian trading. Chipmakers led the charge in the US session as Bloomberg News reported that the Trump administration planned to rescind Biden-era curbs for AI-related exports. The Nasdaq Golden Dragon China Index dropped the most in almost three weeks Wednesday.

from Economic Times https://ift.tt/5H27jXE

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Asian shares start cautiously, dollar edges down

Asian shares opened cautiously amid anticipation of fresh trade news influencing US asset demand. The dollar weakened as trade tensions and ...