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Bank of America projects that global capital expenditure on cloud computing and artificial intelligence infrastructure will reach $1.5 trillion by 2027.

2026-07-06

Bank of America projects that global capital expenditure on cloud computing and artificial intelligence infrastructure will reach $1.5 trillion by 2027.

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2026-07-06

The South Korean won (KRW) edged higher against the dollar on the first day of 24-hour trading. The around-the-clock mechanism was introduced to improve foreign investor access to South Korea’s markets and support a push for MSCI developed-market inc

The South Korean won (KRW) edged higher against the dollar on the first day of 24-hour trading. The around-the-clock mechanism was introduced to improve foreign investor access to South Korea’s markets and support a push for MSCI developed-market inclusion, reflecting a shift toward greater offshore investment. Deputy Finance Minister Moon Ji-chung said on Friday regulators will step up monitoring of night-session trading ahead of formal implementation on Monday. The won has been one of Asia’s weakest currencies this year, briefly hitting its weakest level since 2009 last week, pressured by higher energy prices from the Iran war and foreign investors selling Korean equities to rebalance after a sharp rally.
2026-07-06

A Reuters poll of 31 economists showed that all but one predicted the Central Bank of Malaysia would keep its overnight policy rate unchanged at 2.75% on July 9.

A Reuters poll of 31 economists showed that all but one predicted the Central Bank of Malaysia would keep its overnight policy rate unchanged at 2.75% on July 9.
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