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Markets and investing
A US official said American forces struck Qeshm Island in the Strait of Hormuz. The action appeared limited and was not a return to major combat operations, another official said.
Markets and investing
Xiao Yuanqi said concentrated flows of capital into AI and leading technology firms could raise borrowing costs, weaken traditional businesses and increase credit risks.
Markets and investing
Blackstone President Jon Gray said major technology companies are likely to seek more capital as AI growth drives demand for computing power, data centers and energy.
Markets and investing
Shares of several South Korean and Taiwanese suppliers fell, while Chinese manufacturers advanced, as investors weighed strong iPhone demand against rising costs and mixed earnings.