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The USD/CHF pair fell below 0.83, down 0.20% on the day.
2026-10-09
The USD/CHF pair fell below 0.83, down 0.20% on the day.
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2026-10-09
China A-share indexes extended losses: Shenzhen Composite Index widened its declined to 2%, the ChiNext fell 2.54%, the Shanghai Composite was down 0.92%, and the Sci‑Tech Innovation Board 50 (STAR 50) slid 3%.
China A-share indexes extended losses: Shenzhen Composite Index widened its declined to 2%, the ChiNext fell 2.54%, the Shanghai Composite was down 0.92%, and the Sci‑Tech Innovation Board 50 (STAR 50) slid 3%.
2026-10-09
Franklin Templeton CEO Jenny Johnson said short-term debt issued by large tech firms presents an attractive way to gain AI exposure given those firms’ strong cash flows and balance sheets. She said tech financing has grown more complex — extending be
Franklin Templeton CEO Jenny Johnson said short-term debt issued by large tech firms presents an attractive way to gain AI exposure given those firms’ strong cash flows and balance sheets. She said tech financing has grown more complex — extending beyond traditional creditors to include off-balance-sheet facilities guaranteed by major cloud providers and vendor financing where suppliers act as lenders. Holding long-term bonds, she warned, exposes investors to uncertainty from rapid technological change. Johnson added the AI wave has not yet materially raised productivity; current U.S. productivity growth of roughly 2% reflects past two decades of technology and AI will take time to integrate into the economy.
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