Most Asian stocks fell on Thursday as technology shares resumed their decline on persistent concerns over stretched artificial intelligence valuations, while anticipation of a hawkish Bank of Japan also weighed.
U.S. corporate finance chiefs continue to cite tariffs as a top concern and on average see prices rising more than 4% next year, according to a survey released on Wednesday that may add to Federal Reserve concerns that current price pressures will keep it from reaching its 2% inflation target anytime soon.
Federal Reserve Governor Christopher Waller said on Wednesday the U.S. central bank still has room to cut interest rates amid rising job market weakness.
U.S. President Donald Trump said on Wednesday the next chairman of the U.S. Federal Reserve will be someone who believes in lower interest rates "by a lot."
Oil prices extended gains in Asian trading on Thursday after U.S. President Donald Trump ordered a blockade of sanctioned oil tankers entering and leaving Venezuela.
All businesses will have one more year to comply with new EU rules to prevent deforestation.