Explore

ReutersReuters
Companies left China to dodge tariffs. Now some are heading back

Companies left China to dodge tariffs. Now some are heading back

By Ellen Zhang and Marius Zaharia BEIJING/HONG KONG, Sept 14 (Reuters) - A year after shifting production and sourcing out of China to avoid higher U.S. tariffs, some companies are learning that replicating the country's factory ecosystem is not so easy and are bringing manufacturing back.
ReutersReuters
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.
ReutersReuters
Morning Bid: "The house" visits the House

Morning Bid: "The house" visits the House

By Mike Dolan Sept 15 (Reuters) - The nervous start to the week for world markets has seen 10-year U.S. Treasury yields top 5% to hit their highest in 19 years, just as Treasury Secretary Scott Bessent prepares to address Congress and the Federal Reserve starts its critical two-day meeting today.
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.
ReutersReuters
Wells Fargo CFO sees stronger 2026 loan growth, healthy US economy

Wells Fargo CFO sees stronger 2026 loan growth, healthy US economy

By Manya Saini and Nupur Anand Sept 15 (Reuters) - Wells Fargo expects loan growth in 2026 to be better than its previous forecast and signaled healthy spending and credit trends in the U.S., CFO Mike Santomassimo said at an investor conference on Tuesday.
ReutersReuters
Global AI stocks fall as industry chiefs call for slowing development

Global AI stocks fall as industry chiefs call for slowing development

By Gregor Stuart Hunter and Johann M Cherian Sept 14 (Reuters) - AI-linked stocks across the globe plunged on Monday after leaders of the biggest AI companies warned of risks from rapid development, the starkest threat yet to the billions of dollars being poured into the industry that have pushed
ReutersReuters
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.
AP NewsAP News
Wall Street points to more losses as oil, bond yields rise and odds of a Fed rate hike increase

Wall Street points to more losses as oil, bond yields rise and odds of a Fed rate hike increase

Wall Street futures are sliding but are off earlier lows with the opening bell approaching
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.
ReutersReuters
Global bond yields hit 2008 highs, raising stakes for big borrowers

Global bond yields hit 2008 highs, raising stakes for big borrowers

By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON, Sept 15 (Reuters) - Government borrowing costs hit their highest since the 2008 financial crisis on Tuesday, with 10-year U.S.
TheStreetTheStreet
Bessent is doubling down with weekly bank sanctions

Bessent is doubling down with weekly bank sanctions

The Treasury secretary told everyone to watch Monday. The three weeks before it say more.
ReutersReuters
Xi pushes 'Greater BRICS' economic ties to give bloc larger global role

Xi pushes 'Greater BRICS' economic ties to give bloc larger global role

(Corrects spelling of headline tag) NEW DELHI, Sept 13 (Reuters) - Chinese President Xi Jinping unveiled on Sunday initiatives in areas ranging from AI to trade to deepen cooperation among the "Greater BRICS" emerging economies, as Beijing seeks to weld the grouping into a practical platform for