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Shares skid in Asia as oil climbs, rate hikes loom

Shares skid in Asia as oil climbs, rate hikes loom

By Wayne Cole SYDNEY, Sept 14 (Reuters) - Share markets slid in Asia on Monday, dragged down by AI stocks, while supply concerns in the Middle East caused oil prices to spike anew, and investors braced for likely interest rate hikes in both the United States and Japan this week.
ReutersReuters
AI-linked stocks slump after top lab CEOs call for slowing technology's development

AI-linked stocks slump after top lab CEOs call for slowing technology's development

By Gregor Stuart Hunter SINGAPORE, Sept 14 (Reuters) - AI-connected stocks fell sharply on Monday after the CEOs of the U.S. companies developing the most advanced AI models warned the pace of development must slow to prevent threats to humanity. Nasdaq e-mini futures fell 1.3% during Asian trade.
AP NewsAP News
Asian shares decline and OpenAI investor SoftBank shares plunge after calls to slow AI industry

Asian shares decline and OpenAI investor SoftBank shares plunge after calls to slow AI industry

Asian shares have mostly declined, led by AI-related stocks, and U.S. futures have edged lower
AP NewsAP News
Global shares mostly decline and AI stocks plunge after calls to slow AI industry

Global shares mostly decline and AI stocks plunge after calls to slow AI industry

World shares have mostly declined, led by AI-related stocks, and U.S. futures have edged lower
AP NewsAP News
Asian shares are mixed and OpenAI investor SoftBank shares plunge after calls to slow AI industry

Asian shares are mixed and OpenAI investor SoftBank shares plunge after calls to slow AI industry

Asian shares are mixed and U.S. futures have edged lower
USA TodayUSA Today
House Speaker Johnson says Congress shouldn't lead AI safety efforts

House Speaker Johnson says Congress shouldn't lead AI safety efforts

House Speaker Mike Johnson told CNN's "State of the Union" that AI developers, not Congress, bear responsibility for ensuring their products are safe.
ReutersReuters
AI warnings knock Nasdaq futures, pressure tech stocks

AI warnings knock Nasdaq futures, pressure tech stocks

Sept 14 (Reuters) - Futures tracking the Nasdaq 100 index led losses early on Monday, dragged by a selloff in AI heavyweights after top U.S. executives said development of the technology should be slowed due to safety concerns.
AP NewsAP News
Trump downplays the need to check AI development and says he doesn't want to cede edge to China

Trump downplays the need to check AI development and says he doesn't want to cede edge to China

President Donald Trump is playing down the need for his administration to check the development of artificial intelligence
ReutersReuters
European shares slip as AI slowdown call hits tech, oil surge weighs

European shares slip as AI slowdown call hits tech, oil surge weighs

By Sudeshna Ghoshal Sept 14 (Reuters) - European shares fell on Monday as technology stocks slumped after leaders of top AI companies pushed for a slower pace of development, while another surge in oil prices dampened broader risk appetite.
ReutersReuters
Bonds buckle, stocks fall as surging oil prices inflame inflation risks

Bonds buckle, stocks fall as surging oil prices inflame inflation risks

By Stella Qiu SYDNEY, Sept 11 (Reuters) - Treasury yields hit multi-year highs and Asian shares slumped on Friday as soaring oil prices inflamed inflation risks, sending investors scrambling to price in more policy tightening from central banks across the globe.
ReutersReuters
Morning Bid: Take a hike

Morning Bid: Take a hike

By Anna Szymanski Sept 11 (Reuters) - As summer fades, so have hopes for a quick resolution to the U.S.-Iran conflict, as tit-for-tat strikes, new threats in the Red Sea, and President Donald Trump's comments about the war lasting through November have all helped push crude prices back above $100 a
ReutersReuters
Bonds, stocks selloff pauses as oil retreats from multi-month high

Bonds, stocks selloff pauses as oil retreats from multi-month high

By Samuel Indyk and Stella Qiu LONDON, Sept 11 (Reuters) - A selloff in global bond and equity markets took a breather on Friday as oil prices retreated from a four-month high, though the recent surge in energy costs continued to fuel inflation worries and expectations that central banks may need to