Barbie's box-office debut in Asia is set to generate $100 million in ticket sales in the US, while Tesla shares fell due to price cuts and CEO Elon Musk's uncertainty. Ansell and Aurizon issued negative outlooks for their businesses in Australia, while China's government pledged support for private businesses and encouraged corporate fundraising abroad. Concerns about China's weak economic data are impacting global markets, particularly in Europe, with luxury firms under scrutiny. China and the US are meeting to discuss cooperation on domestic policy and international trade in reducing greenhouse gas emissions. China's second-quarter GDP growth data is expected to show a significant slowdown, leading to expectations of further easing.

Barbie's Box Office Boosts Markets