Overview

• 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.