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US yields slide as market eyes inflation data, US-China talks
June 9 (Reuters) - U.S. Treasury yields were modestly lower on Monday afternoon, after rising on Friday following an unexpectedly strong May jobs report. The uptick in demand for Treasuries came ahead of planned auctions for three-, 10- and 30-year U.S. notes and bonds this week and U.S. inflation..
Tue, Jun 10
Apple opens its AI to developers but keeps its broader ambitions modest
CUPERTINO, California, June 9 (Reuters) - Apple AAPL.O announced on Monday a slew of artificial intelligence features including opening up Apple Intelligence's underlying technology in a modest update of its software and services as it lays the groundwork for future advances.
Tue, Jun 10
GLOBAL MARKETS-Stocks climb, dollar dips with US-China trade talks eyed
NEW YORK, June 9 (Reuters) - Global stocks climbed on Monday while the dollar retreated as talks began in London between the United States and China, aimed at cooling a trade dispute between the world's two largest economies.
Tue, Jun 10
Nvidia CEO says UK needs computing power to develop AI
LONDON, June 9 (Reuters) - Britain lacks the computing infrastructure to deliver the full potential of its leading artificial intelligence research base, Nvidia's NVDA.O CEO said on Monday, as the UK partners with the U.S. chipmaker for a new AI testing environment.
Mon, Jun 9
Europe before the bell: futures down despite US-China talk hopes
European futures are hinting as losses on Monday as some less than stellar Chinese trade data dampens the mood, though there is tentative optimism ahead of talks between the U.S. and China set for Monday in London.
Mon, Jun 9
[Reuters Analysis] Shaken by crises, Switzerland fetters UBS's global dream
BERN, June 6 (Reuters) - Switzerland announced reforms on Friday to make its biggest bank UBS UBSG.S safer and avoid another crisis, hampering the global ambitions of a lender whose financial weight eclipses the country's economy.
Mon, Jun 9
UK financial regulator partners with Nvidia in AI 'sandbox'
LONDON, June 9 - Financial firms in Britain will be able to test artificial intelligence tools later this year in a regulatory "sandbox" launched on Monday by the country's financial watchdog, part of a broader government strategy to support innovation and economic growth.
Mon, Jun 9
South Korea President Lee, Japan PM Ishiba agree to strengthen ties
SEOUL, June 9 (Reuters) - South Korea's newly-elected President Lee Jae-myung and Japanese Prime Minister Shigeru Ishiba agreed during a telephone call to strengthen bilateral ties, a South Korean presidential spokesperson and Japan's foreign ministry said on Monday.
Mon, Jun 9
Japan's Nikkei jumps as chip stocks rally ahead of Sino-US talks
TOKYO, June 9 (Reuters) - Japan's Nikkei share average advanced 1% on Monday ahead of trade talks between the U.S. and China in London later in the day, with investors watching for any easing of restrictions over semiconductor shipments.
Mon, Jun 9
Japan's Q1 GDP contraction narrows on consumption improvement, revised figure shows
TOKYO, June 9 (Reuters) - Japan's economy contracted less than initially estimated in the January-March quarter, government data showed on Monday, with consumption figures revised upwards at a time when uncertainty surrounding U.S. tariffs is clouding the outlook.
Mon, Jun 9
GLOBAL MARKETS-Asian shares climb, dollar eases ahead of US-China talks
TOKYO, June 9 (Reuters) - Shares jumped and the dollar pared recent gains on Monday as Asian markets reacted to better-than-expected U.S. jobs data ahead of talks in London aimed at mending a trade rift between the United States and China.
Mon, Jun 9
Meta in talks over Scale AI investment that could exceed $10 billion, Bloomberg reports
June 8 (Reuters) - Meta Platforms META.O is in talks to make an investment that could exceed $10 billion in artificial intelligence startup Scale AI, Bloomberg News reported on Sunday. The terms of the deal were not yet finalized and could still change, the report said, citing people familiar with..
Mon, Jun 9
Key US-China trade talks set for Monday in London
LONDON, June 9 (Reuters) - Top U.S. and Chinese officials will sit down in London on Monday for talks aimed at defusing the high-stakes trade dispute between the two superpowers that has widened in recent weeks beyond tit-for-tat tariffs to export controls over goods and components critical...
Mon, Jun 9
South Korean conservatives looking for rebirth after election loss
SEOUL, June 6 (Reuters) - South Korea's right is looking to remake itself after a massive defeat in this week's snap presidential election that left it with little power to challenge the ruling Democratic Party.
Mon, Jun 9
Trump says he has no plans to speak to Musk as feud persists
White House official says Trump does not want to talk to MuskFeud complicates efforts to pass tax-cut bill in SenateMusk denounces bill as adding $2.4 trillion in debtBy Nandita Bose and Alexandra Ulmer WASHINGTON, June 6 (Reuters) - U.S. President Donald Trump said on Friday that he has no p...
Fri, Jun 6
Crude climbs on US jobs report, China talks
Brent, WTI poised to finish the week higherU.S. jobs report shows unemployment steady at 4.2%Trade negotiations continue with ChinaU.S. oil, gas rigs hit lowest level since November 2021By Erwin Seba HOUSTON, June 6 (Reuters) - Crude rose more than $1 a barrel on Friday, posting its first weekly ...
Fri, Jun 6
Fed taps Horowitz as next inspector general
WASHINGTON, June 6 (Reuters) - The Federal Reserve announced on Friday that Michael Horowitz had been appointed to serve as the central bank's new inspector general.Horowitz, who most recently served as the Justice Department's inspector general, replaces Mark Bialek, who retired in April. A...
Fri, Jun 6
Trump says Fed should cut rates by a full point
June 6 (Reuters) - U.S. President Donald Trump on Friday called on the Federal Reserve to cut interest rates by a full point."'Too Late' at the Fed is a disaster! Europe has had 10 rate cuts, we have had none. Despite him, our Country is doing great. Go for a full point, Rocket Fuel!"...
Fri, Jun 6
US yields rise after stronger than expected jobs gains in May
June 6 (Reuters) - U.S. Treasury yields rose after data on Friday showed that employers added more jobs than economists had expected in May, while average hourly earnings also rose more than was forecast. Employers added 139,000 jobs last month, above estimates for a 130,000 increase. Average hourl
Fri, Jun 6
Wall Street futures edge up ahead of jobs data; Tesla rebounds
June 6 (Reuters) - U.S. stock index futures nudged higher on Friday as investors awaited monthly payrolls data, while Tesla shares rebounded on signs of cooling tensions between CEO Elon Musk and U.S. President Donald Trump.
Fri, Jun 6
