China’s stock, yuan rebound drives Asian markets higher

Asian shares pushed higher on Friday, clawing back earlier losses in volatile trade as China’s stocks recovered sharply and the yuan bounced from a one-year low with market participants suspecting state support for the currency.

SoftBank’s Vision Fund to invest $1 billion in China AI startup: Bloomberg

SoftBank Group Corp’s Vision Fund is seeking to invest almost $1 billion in SenseTime Group Ltd, a Chinese facial recognition technology developer, Bloomberg reported on Friday.

Asian stocks choppy, sentiment shaken by sliding yuan

Most Asian stock markets retreated on Friday after China allowed its yuan currency to slide further, stoking concerns Beijing’s currency management could become the next flash point in a fierce trade conflict with the United States.

Asia stocks subdued as European trade fears flare, Trump comments hit dollar

Asian stocks eked out modest gains on Friday as investor caution prevailed amid concerns about the European Union imposing retaliatory tariffs on U.S. goods while U.S. President Donald Trump’s criticism of Federal Reserve policy knocked the dollar.