Mixed Shares in Asia, OPEC Postpones Meeting, Troubled Developer's Shares Jump

Markets react to regulatory moves in Greater China, recession forecasts softened for 2024

Shares were mixed in Asia on Thursday after a modest advance on Wall Street that kept the market on track for a fourth straight weekly gain.
Oil prices fell about $1 a barrel after OPEC postponed until next week a meeting to discuss production cuts.
Markets in Greater China have been swaying in reaction to moves by Chinese regulators to prop up the ailing property market.
Shares in troubled developer Country Garden jumped 16% amid reports that it is included on a list of real estate companies eligible for financing support.
Forecasts for a potential recession have been pushed further out into 2024 while also being softened.