Finance

Deutsche Bank says AI spending may be propping up the whole economy, but there are big questions about what comes next

Deutsche Bank says AI spending may be propping up the whole economy, but there are big questions about what comes next

Deutsche Bank analyst George Saravelos said AI spending is offsetting other economic headwinds. He recently said that without the huge capex from Big Tech, a recession would be more likely. ...

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Tariff hit looms over meeting of U.S. trade rep with Southeast Asian counterparts

Tariff hit looms over meeting of U.S. trade rep with Southeast Asian counterparts

By Danial Azhar and Rozanna Latiff KUALA LUMPUR (Reuters) -Hefty U.S. tariffs imposed on Southeast Asian countries will loom over a meeting between U.S. Trade Representative Jamieson Greer and his...

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Australian central bank blasts ASX for trading settlement failures

Australian central bank blasts ASX for trading settlement failures

By Scott Murdoch SYDNEY (Reuters) -Australia’s central bank said on Wednesday the Australian Securities Exchange must make “foundational changes” to its governance, culture and r...

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Australia Monthly Inflation Accelerates to Top of RBA Target

Australia Monthly Inflation Accelerates to Top of RBA Target

(Bloomberg) — A gauge of Australia’s monthly inflation accelerated in August to the top of the Reserve Bank’s 2-3% target, supporting the case for interest rates to remain on hold and s...

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Vietnam says it will continue U.S. trade talks, aiming for other free trade deals

Vietnam says it will continue U.S. trade talks, aiming for other free trade deals

HANOI (Reuters) -Vietnam will continue trade negotiations with the United States while seeking to sign free trade deals with other markets, the prime minister said in a statement on Wednesday, add...

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Hogs Rally on Tuesday

Hogs Rally on Tuesday

Lean hog futures saw gains of $1.20 to $2 across most nearby contracts on Tuesday. Deferreds were up a tick to 75 cents. USDA’s national base hog prices from the Tuesday PM report was at $106.99, ...

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