Yen and Swiss franc gain amid risk-off sentiment
The forex market's main safety plays are in demand. The Japanese yen is gaining 0.8%, pushing the USD/JPY cross back below the 155 mark, while the Swiss franc is 0.5% stronger with USD/CHF at 0.9018.
China’s Homemade AI Startles Silicon Valley
DeepSeek, a Chinese artificial-intelligence company, has Silicon Valley marveling over how its programmers nearly matched ...
China's DeepSeek Spurs AI Stock Selloff
DeepSeek, the Chinese artificial-intelligence chatbot, has shocked Silicon Valley with its cost-effective approach—and rattled global tech investors. Shares in Japan’s [SoftBank Group]( ...
Treasury yields dive as traders seek havens
Investors are adopting elements of the classic "risk-off" playbook, moving into the perceived safety of government debt. The yield on the 10-year U.S. Treasury is diving 8.6 basis points to 4.548%, ...