Meanwhile, China’s exports and imports shrank at their steepest pace in at least 2-1/2 years in November, as feeble global and domestic demand, COVID-led production disruptions and a property slump at home piled pressure on the world’s second-biggest economy. The Perth Mint’s sales of gold products in November dropped nearly 38% from the previous month, while silver sales fell to its lowest in more than a year, the refiner said in a blog post on Wednesday.
Global Market Today: Asian stocks slip on AI woes, oil extends drop
Asian stocks dipped, mirroring a global tech sell-off fueled by concerns that the AI rally has overheated. Investors are questioning sky-high valuations amid rising costs
July 3, 2026