The global AI boom powered Asia’s manufacturing sector in June, with brisk demand for technology-related goods offsetting the drag from the Iran war, private surveys showed on Wednesday, offering some relief for the region’s export-reliant economies.
Foreign investors including pension funds, insurance companies and hedge funds are buying Canada’s federal bonds in record amounts, easing the cost of funding Prime Minister Mark Carney’s expensive nation-building projects but potentially introducing more volatility to Canada’s debt market.