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Asian stocks rise as tech boost offsets Fed jitters; China leads

Regional markets looked past fears of higher-for-longer U.S. rates following strong inflation data released last week. But said fears are expected to ramp up as a draws closer this week. 

Tech was the best performer for the day, tracking a strong session on Wall Street on Friday...

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Asia FX muted amid Fed jitters, yen rebounds on potential intervention

The dollar retreated slightly amid pressure from a yen recovery, although it still retained a bulk of its gains through April. Signs of sticky U.S. inflation saw markets steadily price out expectations of early rate cuts by the Fed, which boosted the dollar. 

Japanese yen...

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Tesla to partner with Baidu for self-driving rollout in China- Bloomberg

The world’s biggest electric vehicle maker plans to deploy its FSD services- which CEO Elon Musk has touted as a major focus point- using lane-level navigation and mapping provided by Baidu, the report said.

The report comes just a week after Baidu said that Tesla vehicles will integrate...

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Gold prices tread water as Fed meeting looms

The yellow metal tumbled from record highs hit earlier in April as safe-haven demand waned in the absence of any escalation between Iran and Israel. This left gold vulnerable to outflows in the face of restrictive U.S. monetary policy.

steadied at $2,334.66 an ounce, while...

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Bitcoin price today: slips to $62k amid rate jitters, DTCC headwinds

fell 2.5% over the past 24 hours to $62,314.6 by 01:37 ET (05:37 GMT). The token was now trending closer to the lower end of a $60,000 to $70,000 trading range established since mid-March.

DTCC revokes collateral for Bitcoin, crypto

The Depository Trust &...

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