Asian shares began cautiously following a tech-driven rally in US stocks, while bonds remained steady. Investors are closely monitoring trade war developments, including extended tariff exclusions and potential US-China talks. Japan faces debt market pressures, and Russia-Ukraine talks concluded without a resolution, setting the stage for a prisoner exchange. Market volatility is expected amid trade tensions and geopolitical concerns.
AI may hurt IT today, but it could create the sector’s next growth engine: Baroda BNP Paribas MF
AI may disrupt traditional revenue streams in India’s $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund believes it could also