Asia-Pacific equity markets are set for a tailwind in the wake of another record high on Wall Street. Federal Reserve Chair Jerome Powell's reassuring views on easing inflation and a surge in Tesla shares all helped sentiment. US President Joe Biden plans to meet lawmakers, travel to key states and appear in a television interview amid anxiety about his fitness for office. The momentum is with rival Donald Trump, who is now raising more money and seeking to throw out the guilty verdict in a hush-money case. US President Joe Biden. Photographer: Samuel Corum/Sipa Chinese companies are working with Russian counterparts on developing an attack drone. The drones have yet to be used in Russia's war on Ukraine but the project is a sign that Beijing may be edging closer to providing the sort of lethal aid that Western officials have warned against. Far-right politician Marine Le Pen's National Rally faces a bigger barrier to forming France's next government. Opponents are maneuvering to reduce the number of three-way races that would favor her group in the final round of the legislative elections. Hip-hop musician Shawn "Jay-Z" Carter has become the latest celebrity backer of the online watch market after taking an equity stake in luxury trading platform Wristcheck. Carter is a collector of brands like Patek Philippe, Audemars Piguet and Richard Mille. |
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