Short-term yields rise after higher-than-expected inflation, Fed holds rates
The Federal Reserve held rates steady on Wednesday.
China’s ‘AI tigers’ see shares surge after Nvidia CEO touts OpenClaw as ‘next ChatGPT’
Chinese AI stocks surged on Wednesday following upbeat remarks from Nvidia’s chief executive Jensen Huang on the promise of AI agents and OpenClaw.
France ready to help U.S. secure Strait of Hormuz — but not while drones and missiles are flying
European countries are reluctant to get involved in the U.S. and Israel’s conflict with Iran, seeing it as a war of choice rather than necessity.
Meta’s Manus launches desktop app to bring its AI agent onto personal devices amid OpenClaw craze
Manus has announced the launch of a new desktop application to bring its AI agent directly onto personal devices.
CNBC’s UK Exchange newsletter: Pain at the pump stokes trouble at the top
Few issues are more troublesome for the British government than the cost of filling a car. The reasons why go back more than a quarter of a century.
European stocks close lower as attention turns to the Fed
European stocks finished Wednesday’s session in the red as the war in Iran and oil prices remain in the spotlight, and central banks come into focus.
Global hedge funds suffer worst losses since ‘liberation day’ on Iran war turmoil
Hedge funds are getting battered by a sharp spike in oil prices and a broad market selloff unraveling crowded trades as the Iran war continues.
Traffic is trickling through Strait of Hormuz: Who’s moving and who’s stranded
Iran has scared off most ships from the Strait of Hormuz, leaving some ships to pass through, while most continued to wait outside the strait.
Japan’s Mitsui OSK shares soar to record highs as activist investor Elliott builds ‘significant’ stake
Shares of Japanese shipping firm Mitsui OSK surged to a record high after Elliott Investment Management said it had established a “significant” stake.
Japan’s Mitsui OSK shares soar to record highs as activist investor Elliott builds ‘significant’ stake
Shares of Japanese shipping firm Mitsui OSK surged to a record high after Elliott Investment Management said it had established a “significant” stake.
