JEDDAH (Reuters) -Signing Formula One champion Max Verstappen would come with 'a lot of downsides' for Mercedes, who would be better off keeping their current drivers, Williams boss James Vowles said on Friday.
JAKARTA : Shares in emerging Asia edged slightly higher on Friday, as holidays in most markets and wary investors taking a cautious approach to tariff negotiations curbed trading.
"Global risk appetite may be dampened for longer notwithstanding a pause in U.S.-China tariff escalation," Citi analysts said. It held steady near a one-week high scaled on Tuesday. The index was on track to finish the week about 2% higher, after three weekly losses during which it shed 8%. Thailand's benchmark stock index ticked up while its currency, the baht, drifted lower after touching a near six-month high earlier in the week.
On Thursday, JP Morgan turned neutral across Asean countries except Thailand and Singapore, citing growing macro headwinds and a fiscal support that is likely to be inadequate.
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