Emerging-market currencies traded mixed on Thursday as investors weighed the prospect of lower interest rates against concerns the frenzy over artificial intelligence has gone too far.
Global bond investors are beginning to view select emerging markets as safer than many far richer nations, a momentous shift that’s setting the stage for the next phase of outperformance in the asset class.
Pedestrians walk through the Shi Lin Night Market in Taipei, Taiwan, on Tuesday, Dec. 5, 2023. Taiwan's consumer prices rose more than economists expected in November.