Asian stocks showed mixed results with the Nikkei rebounding and China facing property woes. Major Asian currencies weakened. Gold prices slipped from their record high last week, while bitcoin saw a rise in value. All eyes are now on US inflation data and the start of first quarter earnings season.
Alibaba Cloud Slashes Prices for International Customers Alibaba Cloud is lowering prices for international users as it looks to attract more customers in the era of artificial intelligence,.
(Bloomberg) — Asian stocks followed gains on Wall Street after better-than-expected US payrolls data on Friday. Oil retreated more than 1% as traders monitored geopolitical tensions in the Middle East. Japanese shares led the region higher, while those in Taiwan and South Korea also advanced. Chinese equities fell as sentiment was damped by a winding…
(Bloomberg) — Global bonds dropped and stocks posted mostly small moves as traders pared their expectations for interest-rate cuts in the face of resilient readings on the US economy. Treasury yields rose to their highest levels of the year across the curve, with the 10-year climbing to 4.45%. Interest-rate swaps imply around 60 basis points…