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European shares, euro fall as energy shock, fiscal worries bite

European shares, euro fall as energy shock, fiscal worries bite

By Stefano Rebaudo and Scott Murdoch Oct 7 (Reuters) - European stocks and the euro dropped on Wednesday as oil prices rose above $100 amid renewed Middle East tensions while fiscal concerns continued to weigh on sentiment.

Asia shares slip, bonds submerged in tide of AI debt

Asia shares slip, bonds submerged in tide of AI debt

By Wayne Cole SYDNEY, Oct 8 (Reuters) - Asian shares slid on Thursday as strains in sovereign bond markets were aggravated by reports some major tech companies were seeking to raise billions in debt in direct competition for limited funding.

Indonesia orders cost-cutting measures to keep fiscal deficit in check, sources say

Indonesia orders cost-cutting measures to keep fiscal deficit in check, sources say

By Stefanno Sulaiman JAKARTA, Oct 8 (Reuters) - Indonesia's new finance minister has ordered ministries and agencies to slash remaining travel budgets by 30% and freeze non-essential spending for the rest of 2026, according to a ministry document reviewed by Reuters, as it tries to stay within its

JPMorgan just put a different spin on the stock market selloff

JPMorgan just put a different spin on the stock market selloff

JPMorgan strategists see something investors may have missed.

Why Is Indonesian Fried Rice So Different From Other Fried Rice?

Why Is Indonesian Fried Rice So Different From Other Fried Rice?

Nasi goreng, a beloved Southeast Asian fried rice dish, holds a significant place in the daily meals, street-food culture, and festive cuisines acr...

Existential threats join bubble fears as AI mood sobers at Singapore forums

Existential threats join bubble fears as AI mood sobers at Singapore forums

By Ankur Banerjee SINGAPORE, Oct 7 (Reuters) - Existential and financial risks posed by the artificial intelligence boom were top of mind for investors and policymakers at two conferences in Singapore on Wednesday, highlighting a cautious shift in mood around the AI trade.

The Latest: GOP fears grow that even $1 billion may not buy midterm victory

The Latest: GOP fears grow that even $1 billion may not buy midterm victory

Republicans are increasingly anxious that even $1 billion in campaign spending won't fend off sweeping election losses as the party reckons with President Donald Trump’s unpopularity, inflation and the war in Iran

Wealthy investors view rates and yields as the biggest growth risk, says Deutsche Bank

Wealthy investors view rates and yields as the biggest growth risk, says Deutsche Bank

SINGAPORE, Oct 7 (Reuters) - The world's rich view rising rates and yields as the biggest threat to global economic growth, while a large majority expect Asia to be the most stable geopolitical region for the next 12 months, according to a Deutsche Bank poll on Wednesday.

Wall St set to fall at open as yields and oil rebound; Fed minutes in focus

Wall St set to fall at open as yields and oil rebound; Fed minutes in focus

By Tharuniyaa Lakshmi and Shashwat Chauhan Oct 7 (Reuters) - Wall Street's main indexes were set for a lower open on Wednesday as Treasury yields and oil prices rose again, keeping investors cautious as they awaited the minutes of the Federal Reserve's September meeting.

Indonesia's candidate for WHO chief calls on US to rejoin agency

Indonesia's candidate for WHO chief calls on US to rejoin agency

By Stanley Widianto JAKARTA, Oct 6 (Reuters) - Indonesia's pick to lead the World Health Organization, its health minister Budi Gunadi Sadikin, told Reuters that the United States should rejoin the agency after its exit at the start of this year.

Wall Street shares notch records as oil prices stabilize, bond yields retreat

Wall Street shares notch records as oil prices stabilize, bond yields retreat

By Lawrence Delevingne, Medha Singh and Stella Qiu Oct 6 (Reuters) - World stocks scaled two-week highs on Tuesday with Wall Street indexes setting new records, as steady oil prices and falling bond yields boosted sentiment and investors looked ahead to an earnings season they expect will be powered

World shares advance with oil steady, bond yields in retreat

World shares advance with oil steady, bond yields in retreat

By Lawrence Delevingne, Medha Singh and Stella Qiu Oct 6 (Reuters) - World stocks scaled two-week highs on Tuesday as steady oil prices and falling bond yields helped steady sentiment, while investors looked ahead to an earnings season expected to be powered by continued AI-driven growth.