Business and finance news from the Asia-Pacific.

The Hong Kong Monetary Authority's fifth edition of the Global Financial Leaders' Investment Summit will convene approximately 280 global financial leaders in Hong Kong, including around 120 group chairpersons and CEOs to discuss key macroeconomic trends, financial market shifts, and emerging technological advances across sectors and asset classes. We feature our top interviews at the event. 

Morgan Stanley CEO Ted Pick says the AI capex boom is only in the 'second inning' as Wall Street's top chiefs expect capital markets will continue to underwrite the global artificial intelligence infrastructure buildout. Speaking exclusively to Bloomberg's David Ingles and Yvonne Man, Pick projected cumulative spending could reach US$10-15T over the next decade.

PIMCO CEO Emmanuel Roman believes the sovereign debt markets are very 'well anchored' and says the developments in middle east and the oil market is the reason the interest rates are higher. In an exclusive conversation with Bloomberg's Yvonne Man and David Ingles, Roman adds that AI's long term impact on the economy will be deflationary.