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Asia stocks set to mostly fall as Biden drops out of race; inflation and GDP data this week in focus

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“It is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as President,” Biden wrote in a…

Early Monday, U.S. president Joe Biden announced his withdrawal from the 2024 presidential race, endorsing current vice-president Kamala Harris.

Investors will be watching China’s loan prime rate decision from the People’s Bank of China, with the one-year and five-year LPR expected to be unchanged, according to economists polled by Reuters.📺 24/7 Chicago news stream: Watch NBC 5 free wherever you areon Friday. Machines running Microsoft's Windows operating system crashed Friday due to a glitch in an update issued by cybersecurity companyThis week, investors will be looking out for GDP data from South Korea and the U.S.

 

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