Asian equities are poised to decline, mirroring Wall Street’s downturn, as investors await a crucial US inflation report that could influence the Federal Reserve’s rate cut decisions. Concerns linger about the pace of potential rate reductions amid mixed signals from the labor market and persistent inflation.
S&P Global flags potentially hidden AI debt at hyperscalers as AI spending surges
S&P Global warned that hyperscalers could be carrying more AI related debt than currently visible through financing structures linked to data centres and smaller AI