Chinese technology companies cut off from the world’s most advanced chips for artificial-intelligence computing are rallying around an appealing message from industry pioneers: to make money, they might not necessarily need them.
Oil prices continued to rise after having staged a recovery in the previous session, breaking a four-day streak of declines which had pushed the market towards oversold territory, ING said.
Bank of Japan Gov. Kazuo Ueda said the central bank will continue to aim for more interest-rate increases if the economy and inflation grow in line with its projections.
NetEase’s profit miss and computer-game sector softness on operational adjustments prompted a selloff in shares of the Chinese videogame giant that some analysts called an overreaction.
