World Stocks Edge Higher as Oil Falls on Hormuz Hopes
Global equities moved modestly higher as crude prices fell on renewed hopes that shipping through the Strait of Hormuz could resume.
Global equities moved modestly higher as crude prices fell on renewed hopes that shipping through the Strait of Hormuz could resume.
AI competition between the United States and China is intense, but the same rivalry may create a narrow incentive for shared safety rules.
Chinese President Xi Jinping is set to attend the Shanghai Cooperation Organization summit in Bishkek before traveling to Egypt.
The Shanghai Cooperation Organization brings together China, Russia, Central Asian states and other members around security, economic and political cooperation.
China's foreign minister Wang Yi has urged parties in the Middle East and Gulf to cool tensions and return to negotiations.
China's property downturn remains a major drag on the world's second-largest economy even after the legal reckoning surrounding Evergrande.
Trade tensions between the United States and Canada are becoming another source of uncertainty for businesses and investors.
South Korea has announced a package aimed at increasing housing supply and improving access for young homebuyers and newlyweds.