The Nikkei 225 fell 0.7% in early trading, weighed down by AI bubble concerns and high global bond yields.
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CITIC Securities: Market Overly Concerned About Debt of New Cloud Vendors Like Coreweave; Short-Term Funding Gap Still Manageable
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Days before his arrest, the suspect in the OpenAI wiretapping case was still in frequent communication with members of the Saudi royal family, and prosecutors revealed that his wife and children's departure flights were arranged by the Saudi government.
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The euro fell by as much as 0.5% against the dollar to 1.1183 in Asian morning trading, as the escalating Russia-Ukraine conflict was compounded by unrest in France. French government bond futures dropped 52 basis points.
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