Business and finance news from the Asia-Pacific.

Asian stocks fell after a selloff in US chipmakers deepened, overshadowing a plunge in oil prices amid optimism over diplomatic progress toward ending the war in Iran. The yuan weakened. The MSCI Asia Pacific gauge dropped 0.7%, with South Korea's tech-heavy Kospi Index sliding more than 3%. The decline came after a gauge of US chipmakers extended a three-day rout to 12% while the Nasdaq 100 sank 10% from its peak, entering a technical correction. In a sign that some investors are looking to buy the dip, US stock futures gained. Japanese markets were closed for a holiday. Chinese equities were mostly lower even after the central bank said it would encourage financial institutions to make greater use of stock-support tools and optimize their terms as authorities seek to bolster market stability. We speak to Lianting Tu, Managing Editor for Asia Equities.

And - Goldman Sachs Group Inc. CEO David Solomon said that capital markets remain receptive as investors assess surging demand for AI and compute power. However, Solomon cautioned that technological supercycles rarely advance in a straight line. He spoke to Bloomberg TV from the sidelines of the Hong Kong Monetary Authority's Global Financial Leaders' Investment Summit.

Business and finance news from the Asia-Pacific.
Asian stocks fell after a selloff in US chipmakers deepened, overshadowing a plunge in oil prices amid optimism over diplomatic progress toward ending the war in Iran. The yuan weakened. The MSCI Asia Pacific gauge dropped 0.7%, with South Korea's tech-heavy Kospi Index sliding more than 3%. The decline came after a gauge of US chipmakers extended a three-day rout to 12% while the Nasdaq 100 sank 10% from its peak, entering a technical correction. In a sign that some investors are looking to buy the dip, US stock futures gained. Japanese markets were closed for a holiday.&nbsp;Chinese equities were mostly lower even after the central bank said it would encourage financial institutions to make greater use of stock-support tools and optimize their terms as authorities seek to bolster market stability. We speak to Lianting Tu, Managing Editor for Asia Equities.
And - Goldman Sachs Group Inc. CEO David Solomon said that capital markets remain receptive as investors assess surging demand for AI and compute power. However, Solomon cautioned that technological supercycles rarely advance in a straight line. He spoke to Bloomberg TV from the sidelines of the Hong Kong Monetary Authority's Global Financial Leaders' Investment Summit.

Listen for business and finance news centered in the Asia-Pacific region. 

Host Doug Krizner brings you insight and analysis on the day's top stories from China, India, Japan, Korea, Hong Kong, Singapore, Australia and more.

Listen for business and finance news centered in the Asia-Pacific region. Host Doug Krizner brings you insight and analysis on the day's top stories from China, India, Japan, Korea, Hong Kong, Singapore, Australia and more.

Join Bloomberg Daybreak Asia for business and finance news centered in the Asia-Pacific region, along with insight and analysis on the day's top stories in global markets.

Bloomberg Daybreak: Asia Edition

Tech Jitters, Goldman CEO David Solomon on AI Deal Demand

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a12fd8ea-18c0-49b2-aab8-b4f70042e68d/transcript