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ECB’s Kazimir shifts focus to gas prices, sees upside inflation risk
2+ hour, 43+ min ago (336+ words) FRANKFURT, Sept 14 (Reuters) – Euro zone inflation could turn out higher than already elevated projections and the development of natural gas and power prices is becoming a key concern, European Central Bank policymaker Peter Kazimir said on Monday. The ECB raised…...
Ares names James Garforth principal for Asia direct lending
6+ hour, 37+ min ago (144+ words) HONG KONG, Sept 14 (Reuters) – Ares Management Corp, a global alternative investment manager, has appointed James Garforth as principal in its Asia direct lending business, according to an internal memo seen by Reuters on Monday. Here are some details: • Garforth joins…...
AI-linked Asian stocks slump after top lab CEOs call for slowing down technology’s development
6+ hour, 21+ 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…...
Goldman Sachs now expects Fed to hike rates in September
7+ hour, 58+ min ago (138+ words) Sept 13 (Reuters) - Goldman Sachs now expects the U.S. Federal Reserve to raise interest rates by 25 basis points at its September policy meeting, reversing its previous forecast for rates to remain unchanged. The Wall Street bank said in a... Sept 13 (Reuters)…...
Trump dismisses report China entities helped Iran before attack that killed US troops
9+ hour, 57+ min ago (264+ words) ABOARD AIR FORCE ONE, Sept 13 (Reuters) – U.S. President Donald Trump on Sunday brushed aside a report that Iran acquired satellite images of a base in Jordan from Chinese entities before an attack that killed three U.S. troops there in…...
Dollar steady, yen near 7-month high ahead of Fed, BOJ meetings
10+ hour, 19+ 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…...
Chinese defence forum set to open amid roiling regional tensions
10+ hour, 45+ min ago (616+ words) By Greg Torode and Mei Mei Chu HONG KONG, Sept 14 (Reuters) – China’s military leadership is expected to outline its aims for global security when it hosts its annual defence forum this week amid churning tensions in its own neighbourhood over…...
Diplomacy stumbles with postponement of meeting on Strait of Hormuz proposal
11+ hour, 46+ min ago (813+ words) By Mohammed Ghobari, Nayera Abdallah and Bo Erickson ADEN/DUBAI, Sept 14 (Reuters) – Middle East diplomacy appeared to falter heading into Monday with the postponement of a meeting between Iran and other Persian Gulf powers, while fresh attacks around the region’s…...
Oil prices jump more than $3 after new strikes on Saudi, Strait of Hormuz
12+ hour, 25+ min ago (123+ words) BEIJING, Sept 14 (Reuters) - Oil prices rose more than $3 at 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 22:14 GMT (Sun... Oil…...
Trump reiterates support for united Ireland, says won’t talk about Scotland ‘yet’
17+ hour, 27+ min ago (381+ words) By Bo Erickson and Padraic Halpin DOONBEG, Ireland, Sept 13 (Reuters) – U.S. President Donald Trump on Sunday reiterated his support for Northern Ireland breaking from the United Kingdom to unify with the Republic of Ireland, but said he would not talk…...