Asian markets

Alibaba’s $10B share sale drags Asian markets lower

Alibaba shares fell sharply in Hong Kong on Monday after the company finalized a HK$80 billion ($10.2 billion) share placement to fund artificial intelligence development, triggering a broad selloff across Asian technology stocks and sending ripples into European markets.

Asian markets sell off on oil surge, AI spending fears

Stock markets across Asia sold off sharply on Friday, July 24, as surging oil prices and renewed anxiety over the returns on massive artificial intelligence spending triggered a broad retreat from risk assets, extending a steep overnight decline on Wall…