Israel says France bans its officials from weapons show Reuters

Two explosions hit cargo vessel in Gulf off Iraq, officials say Reuters

Oil steadies as uncertainty over US-Iran talks keeps markets on edge Reuters

Dollar steady as traders await progress on Middle East peace talks Reuters

Maker of WeChat has fallen behind domestic rivals in artificial intelligence models

Japan’s 10-year government bond yield dropped after an auction of the tenor drew firm demand as investors were attracted to high yields despite the ongoing uncertainty in the Middle East.

A boom in artificial intelligence-related borrowing may become a bigger influence on bond markets over time, but the idea that it’s behind a recent rise in long-dated Treasury yields appears overstated, according to Pacific Investment Management Co.

China’s state-backed iron ore buyer has instructed some steel mills to ask questions about Fortescue Ltd.’s new low-grade product as negotiations over a long-term supply contract hit a rough patch.

New Federal Reserve Chairman Kevin Warsh has long argued that the central bank should aggressively shrink its $6.7 trillion balance sheet, bloated by years of bond buying. He now has two powerful allies in Treasury Secretary Scott Bessent and the Fed’s vice chair for supervision, Michelle Bowman.

Migration policy and labour market reforms are affecting joblessness — but in very different ways