Asian stocks, US futures gain on China trade talks

Shares in Australia, Japan and South Korea advanced at the open, with the Topix index gaining for a 12th day for its longest winning streak since October 2017. Futures contract for the S&P 500 and the Nasdaq 100 both climbed more than 1.2%, while oil rose and gold fell 1.5%. The greenback climbed against major peers while the yield on the 10-year US Treasury rose 3 basis points.

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Tech equity sales renew AI debt-binge worries

Tech giants are aggressively selling stock, raising billions, signaling a potential spending spree. While this boosts balance sheets, it also suggests increased borrowing and capital

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