Asian stocks saw a positive opening as the US and China prepare to restart trade negotiations, fueled by optimism from better-than-expected US jobs data that eased recession concerns. Japan and South Korea’s equities rose, while US Treasury yields remained steady. The resumption of trade talks could provide a further boost to markets.
Fund managers stay selective despite June market surge
Despite market gains in June, fund managers adopted a cautious approach, selectively deploying capital. They favored financial institutions like L&T Finance and AU Small Finance