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Investors look past AI hype to long-term opportunities from government spending
MUMBAI, Sept 29 - Some of the world's biggest investors are looking beyond a boom in artificial intelligence to longer-term spending by governments tackling geopolitical, technological and demographic pressures set to reshape markets over the next few years.
Mon, Sep 29
South Korea scrambles to restore digital services after server fire
Fire causes major outages across online government systemsAbout 10% of affected services restored, ministry saysExperts criticise lack of backup By Heejin Kim and Heekyong Yang SEOUL, Sept 29 (Reuters) - South Korea brought back online on Monday less than a tenth of public services disrupted afte...
Mon, Sep 29
PRECIOUS-Gold vaults past $3,800/oz to record high as rate-cut hopes add luster
Sept 29 (Reuters) - Gold surged above $3,800 an ounce for the first time on Monday, driven by investor demand amid growing expectations of further interest rate cuts by the U.S. Federal Reserve this year, while a weaker dollar lent additional support to the precious metal.Spot gold XAU= gained 1.1%
Mon, Sep 29
Shares rise in Asia; dollar dips as US government faces closure
SYDNEY, Sept 29 (Reuters) - Most share markets rose in Asia on Monday while the dollar eased as investors braced for a possible shutdown of the U.S. government, which would in turn delay publication of the September payrolls report and a raft of other key data.
Mon, Sep 29
Grasberg disaster highlights fragility of copper supply chain
LONDON, Sept 29 (Reuters) - The copper market is long accustomed to unexpected supply hits but the catastrophic events at Freeport-McMoRan's FCX.N Grasberg mine in Indonesia are unprecedented in terms of scale and potential impact.
Mon, Sep 29
Japan's Nikkei slips as shares go ex-dividend; Sony Financial surges in debut
TOKYO, Sept 29 (Reuters) - Japan's Nikkei slipped on Monday for a second consecutive day, retreating from record-high levels reached last week, as numerous stocks lost their dividend entitlements.
Mon, Sep 29
US, Israel close to agreement on Trump plan to end Gaza war, Axios reporter says
Sept 28 (Reuters) - The U.S. and Israel are very close to an agreement on President Donald Trump’s plan to end the war in Gaza after talks between special envoy Steve Witkoff, Jared Kushner
Mon, Sep 29
Shares cautious in Asia as US government faces shutdown risk
SYDNEY, Sept 29 (Reuters) - Share markets got off to a cautious start in Asia on Monday as investors braced for a possible shutdown of the U.S. government, which would in turn delay publication of the September payrolls report and a raft of other key data.
Mon, Sep 29
Wall St Week Ahead-Investors look to jobs data to support rate-cut path, pricey stock market
NEW YORK, Sept 26 (Reuters) - Next week's U.S. jobs data may need to tread a fine line for Wall Street, revealing a cooling labor market that supports further interest rate cuts without fueling fears about a recession.
Mon, Sep 29
North Korea, China's foreign ministers meet in Beijing
SEOUL/BEIJING, Sept 29 (Reuters) - North Korean Foreign Minister Choe Son Hui met with China's top diplomat Wang Yi in Beijing on Sunday during her second visit to the Chinese capital in just one month, both countries' official news agencies reported.
Mon, Sep 29
Trump to attend meeting with top military leaders, Washington Post reports
Sept 28 (Reuters) - President Donald Trump will attend a meeting with U.S. generals and admirals in Quantico, Virginia, on Tuesday, a rare gathering of the country's military leadership in one location, the Washington Post reported on Sunday, citing a planning document.
Mon, Sep 29
Toyota workers in Brazil approve temporary layoff plan, union says
SAO PAULO, Sept 28 (Reuters) - Workers for Toyota 7203.T in Brazil voted overwhelmingly on Sunday to approve a plan for temporary layoffs following storm damage to one of the Japanese carmaker's factories in the state of Sao Paulo, according to a statement from the workers union.
Mon, Sep 29
Occidental in talks to sell OxyChem unit for at least $10 billion, FT reports
Sept 28 (Reuters) - Occidental Petroleum OXY.N is negotiating the sale of its OxyChem division, a transaction that could value the unit at a minimum of $10 billion, the Financial Times reported on Sunday.
Mon, Sep 29
Trump sees ‘very good response’ to Gaza deal, hopes to get Israeli support soon
WASHINGTON, Sept 28 (Reuters) - U.S. President Donald Trump told Reuters on Sunday that he has received a "very good response" to his proposal for ending the war in Gaza and is optimistic about getting Israeli Prime Minister Benjamin Netanyahu to back it when the two meet on Monday.
Mon, Sep 29
Russia pounds Kyiv, other regions in mass drone and missile attack
Four killed, dozens injured in mass Russian attackUkraine says more sanctions are needed against RussiaAttack on Kyiv is one of most sustained of the war so farMoscow says it targeted military-industrial enterprisesBy Pavel Polityuk and Mike Collett-White KYIV, Sept 28 (Reuters) - Russia launched...
Sun, Sep 28
'Backdoor' funding cuts possible by Trump administration, as Congress faces government shutdown
Federal government will begin partial shutdown on Wednesday without congressional actionCurrent year funds need to be spent, or expireDemocrats call out spending delaysBy Bo Erickson WASHINGTON, Sept 28 (Reuters) - With three days to go before a U.S. government shutdown, an advocacy group that tr
Sun, Sep 28
US agrees South Korea not a currency manipulator, Seoul says
SEOUL, Sept 28 (Reuters) - The United States has agreed that South Korea is not manipulating its currency for trade advantage, a spokesperson for President Lee Jae Myung said on Sunday.
Sun, Sep 28
South Korea, US reach an agreement over foreign exchange deal, Seoul says
SEOUL, Sept 28 (Reuters) - South Korea and the United States have reached a foreign exchange agreement and plan to announce the deal soon, South Korean Finance Minister Koo Yun-cheol said.
Sun, Sep 28
Trump to meet top Congressional leaders on Monday, White House official says
WASHINGTON, Sept 27 (Reuters) - U.S. President Donald Trump will meet with the top Democratic and Republican leaders in Congress on Monday to discuss government funding ahead of a September 30 deadline to keep the government open, a White House official said on Saturday.
Sun, Sep 28
US equity funds draw weekly inflows as AI boost sparks renewed demand
Sept 26 (Reuters) - U.S. equity funds attracted fresh cash in the week to September 24, snapping two-weeks of outflows, as risk sentiment improved following Nvidia’s NVDA.O announcement of a potential $100 billion investment in OpenAI.
Sun, Sep 28
