Global equity fund inflows surge as US-China trade tensions ease
Investors acquired a net $11.03 billion worth of global equity funds during the week
Investors use dotcom era playbook to dodge AI bubble risks
Investors eye 'building blocks of a bubble' in Wall Street tech, with well-timed diversification seen as key to navigating AI boom
Netflix shuts down game studio behind ‘Squid Game: Unleashed’
Studio's closure was confirmed by its co-founder and former CEO, David Rippy, in a LinkedIn post
US, China seek to avoid trade war escalation, salvage Trump-Xi meeting in Malaysia talks
US, Chinese officials to meet on sidelines of ASEAN summit in Kuala Lumpur; Chinese rare earth restrictions, US export control blacklist are key flashpoints
Oil slips on skepticism about US commitment to Russian oil sanctions
Brent, US crude both gain over 7% in the week
Gold poised to snap nine-week winning streak as US inflation test looms
Gold heads for biggest weekly percentage fall since November 2024; Silver down 7% so far this week; Palladium down more than 2% on day
Indonesia seizes millions of hectares of palm plantations under military-backed nationalisation drive
Crackdown brings 5 million hectares under state scrutiny, raising global supply concerns
Nearly 700 people, including Pakistanis and Indians, flee into Thailand after Myanmar scam-centre raid
Thailand detained 677 people, including 618 men and 59 women, after they crossed the border into Tak province
China confirms US trade talks to be held in Malaysia
Chinese Vice Premier He Lifeng meets US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer as both nations seek to ease tensions before key leaders’ summit
Asia shares gain on US-China trade hopes; oil eases
Euro Stoxx 50 up 0.16%, DAX rises 0.14%, FTSE edges 0.04%; S&P 500 futures gain 0.12%, bitcoin climbs 0.8% to $110,512.30, ether up 1.2% to $3,878.01
Oil prices dip after surge, remain on track for weekly gain amid supply fears
Brent, WTI both headed for 7% weekly gain; US sanctions on two Russian oil companies raise supply concerns; Chinese state oil majors to suspend Russian oil purchases
IMF urges Asia to cut trade barriers to beat US tariffs
Intra-Asia trade grows amid US tensions and AI demand; IMF raises 2025 growth outlook but warns of slower expansion in 2026
US President Trump pardons Binance founder, White House says
Changpeng Zhao says he will help make America the capital of crypto after being prosecuted by the Biden administration in its “war on cryptocurrency”
Gold gains as US sanctions on Russia, China export curbs lift safe-haven demand
Spot gold rises 0.6% to $4,119.54; U.S. futures up 1.7% to $4,134.60; silver climbs 1.6% to $49.28 per ounce
Google says it has developed landmark quantum computing algorithm
New algorithm calls Quantum Echoes, which runs on the company's quantum chip, is 13,000 times faster than the most sophisticated classical computing algorithm on supercomputers, Google says