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Dollar inches higher as 10-year Treasury yield climbs to highest since 2007

Dollar inches higher as 10-year Treasury yield climbs to highest since 2007

By Jiaxing Li HONG KONG, Sept 15 (Reuters) - The dollar strengthened towards a two-week high on Tuesday, as surging oil prices pushed Treasury yields to fresh peaks since 2007, and cemented expectations for a Federal Reserve rate hike this week.
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Dollar ticks up as oil prices climb, Fed rate hike chances firm

Dollar ticks up as oil prices climb, Fed rate hike chances firm

By Shashwat Chauhan and Jiaxing Li Sept 15 (Reuters) - The euro was pinned at one-month lows against a broadly strengthening dollar on Tuesday, as surging oil prices lifted Treasury yields and reinforced expectations that the Federal Reserve will hike interest rates this week.
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Morning Bid: Trump says hit that brake; no, not that one

Morning Bid: Trump says hit that brake; no, not that one

TOKYO, Sept 15 (Reuters) - A look at the day ahead in European and global markets from Satoshi Sugiyama. U.S.
ReutersReuters
Dollar ticks higher as oil prices climb, Fed rate hike chances firm

Dollar ticks higher as oil prices climb, Fed rate hike chances firm

By Shashwat Chauhan and Jiaxing Li Sept 15 (Reuters) - The euro was pinned at one-month lows against a broadly strengthening dollar on Tuesday, as surging oil prices lifted Treasury yields and reinforced expectations that the Federal Reserve will hike interest rates this week.
ReutersReuters
China's slower loan growth is the new normal, central bank governor says

China's slower loan growth is the new normal, central bank governor says

BEIJING, Sept 16 (Reuters) - China's slower loan growth is becoming the new normal as shrinking property and local government sectors sap credit demand faster than emerging industries can fill the gap, central bank governor Pan Gongsheng said.
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Governments worldwide are way behind on AI, says Bill Gates

Governments worldwide are way behind on AI, says Bill Gates

By Jennifer Rigby LONDON, Sept 15 (Reuters) - No government in the world is ready for the changes artificial intelligence will bring to society, Bill Gates said in an interview with Reuters, as he warned of the risks ahead.
ReutersReuters
Japan August imports jump as oil prices lift costs, exports stay firm

Japan August imports jump as oil prices lift costs, exports stay firm

By Makiko Yamazaki TOKYO, Sept 16 (Reuters) - Japan's imports rose sharply for a third straight month in August as higher crude oil prices lifted energy costs, while exports rose for a 12th month in a row on resilient semiconductor-related demand, government data showed on Wednesday.
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El-Sayed, Fain condemn Trump remarks about China building cars in US

El-Sayed, Fain condemn Trump remarks about China building cars in US

President Donald Trump said on Fox News Sept. 11 that he would be OK with China building cars in the U.S., provided American workers are hired.
ReutersReuters
China August bank lending disappoints as credit demand stays weak

China August bank lending disappoints as credit demand stays weak

BEIJING, Sept 14 (Reuters) - China's new bank loans returned to positive territory in August but fell well short of analysts' forecasts after a record contraction in July, as weak demand from the household and corporate sectors continued to weigh on credit growth.
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AI is not a 'monopoly of great powers', China's top newspaper says

AI is not a 'monopoly of great powers', China's top newspaper says

BEIJING, Sept 16 (Reuters) - AI is not a "monopoly of great powers" and the U.S. should work with China to manage risk to create a non-discriminatory development environment, China's top newspaper, the People's Daily, said in a commentary on Wednesday.
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Trump says 'very negative forces' raising exaggerated concerns over AI

Trump says 'very negative forces' raising exaggerated concerns over AI

By Bo Erickson and Padraic Halpin DOONBEG, Ireland, Sept 13 (Reuters) - U.S. President Donald Trump said on Sunday a lot of "very negative forces" are bringing things up about AI that won't happen and said that he wanted to make sure that the United States remains the industry leader.
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Oil rises above $108 as attacks, pipeline outage deepen Saudi supply concerns

Oil rises above $108 as attacks, pipeline outage deepen Saudi supply concerns

By Anushree Mukherjee Sept 15 (Reuters) - Oil prices rose more than 2% on Tuesday after attacks on Saudi Arabian energy infrastructure left the kingdom's East-West pipeline offline, raising fears that damage to energy infrastructure and transport routes could take longer to repair.