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BOJ executive saw need for vigilance to ‘non-linear’ inflation spikes
7+ hour, 22+ min ago (380+ words) TOKYO, Sept 14 (Reuters) – Japan saw inflation spike due to rising import costs and currency shocks, suggesting such price reactions needed to factor into monetary policy considerations, a central bank official was quoted as saying in conference notes released on Monday....
AI-linked Asian stocks slump after top lab CEOs call for slowing down technology’s development
8+ hour, 32+ min ago (446+ words) SINGAPORE, Sept 14 (Reuters) – AI-connected stocks fell sharply in early Asian trading on Monday after the CEOs of the companies developing the most advanced AI models warned the pace of development must slow to prevent threats to humanity. Anthropic CEO Dario…...
Dollar steady, yen near 7-month high ahead of Fed, BOJ meetings
12+ hour, 7+ min ago (641+ words) SINGAPORE, Sept 14 (Reuters) – The dollar was steady on Monday, with the yen holding on to its recent sharp gains and hovering near a seven-month high as investors pondered possible rate hikes from the Federal Reserve and Bank of Japan in…...
Oil prices jump more than $3 after new strikes on Saudi, Strait of Hormuz
14+ hour, 18+ min ago (286+ words) BEIJING, Sept 14 (Reuters) – Oil prices rose more than $3 a barrel at the market open on Monday, after new strikes on Saudi Arabia and on ships in the Gulf on Sunday. Brent crude futures rose $3.62, or 3.46%, to $108.23 per barrel as of…...
Shares slip in Asia as oil climbs, rate hikes loom
13+ hour, 23+ min ago (592+ words) SYDNEY, Sept 14 (Reuters) – Share markets slid in Asia on Monday as supply concerns caused oil prices to spike anew, while investors braced for possible interest rate hikes in both the United States and Japan this week. Brent climbed 3% as new…...
GE HealthCare in talks over possible $1 billion deal for Sofie Biosciences, FT reports
1+ day, 1+ hour ago (147+ words) Sept 13 (Reuters) – GE HealthCare Technologies is in talks over a possible $1 billion deal to buy radiopharmaceutical developer Sofie Biosciences, the Financial Times reported on Sunday, citing people familiar with the matter. Here are some details: • A deal for Sofie, which…...
Republican senator???s TV interview passes muster with FCC???s Carr even though Democratic candidate???s does not
1+ day, 9+ hour ago (337+ words) LOS ANGELES, Sept 12 (Reuters) – An ESPN interview on Saturday with a Republican U.S. senator did not violate the Federal Communications Commission’s equal-time rule, FCC Chairman Brendan Carr said, days after the agency issued a warning to another network about a…...