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Spot silver extends rally to hit $75 per ounce for first time
Spot silver XAG= climbed to $75 an ounce on Friday, supported by robust industrial and investment demand, tightening inventories, geopolitical tensions and expectations of further U.S. interest rate cuts.
Fri, Dec 26
Asian equities set for strong weekly gains; Taiwan, S.Korea lead tech-driven surge
Most Asian equities were headed for their best week in more than a month on Friday, buoyed by a rally in technology shares, with Taiwan's benchmark index hitting a record high and South Korea's KOSPI climbing to a two-week peak.
Fri, Dec 26
Global producers raise Q1 aluminium premium offers to Japan buyers, sources say
Top aluminium producers have raised their premium offers to Japanese buyers for January-March primary metal shipments to $210-$225 per metric ton from initial offers of $190-$203, two sources involved in quarterly pricing talks said.
Fri, Dec 26
REFILE-Gold hits record high on safe-haven demand, Fed rate-cut bets
Dec 26 (Reuters) - Gold prices surged to a record high in early Asian trading on Friday, buoyed by safe-haven demand and rising expectations of further interest rate cuts by the U.S. Federal Reserve.Spot gold XAU= rose 0.5% to $4,501.44 per ounce by 0209 GMT, after touching a record peak of $4,530.6...
Fri, Dec 26
Japan's Topix gauge touches record high on easing debt concerns
By Rocky Swift TOKYO, Dec 26 (Reuters) - Japan's broad Topix gauge touched a record high on Friday, as easing concerns about the nation's debt gave shares a tailwind on one of the final trading days of 2025.The Topix .TOPX was up 0.5% in early trading, and reached an all-time intraday hig...
Fri, Dec 26
China says it hopes firms seek lawful, balanced solutions over TikTok deal
BEIJING, Dec 25 (Reuters) - The Chinese government would like to see companies reach solutions that comply with Chinese laws and regulations and balance the interests of all parties, a commerce ministry spokesperson said on Thursday when asked about the hand-over of TikTok's U.S. operations. Tik...
Fri, Dec 26
China says it facilitates compliant trade with rare-earth magnet exports
BEIJING, Dec 25 (Reuters) - China actively promotes and facilitates compliant trade, a commerce ministry spokesperson said on Thursday, when asked whether Beijing would relax curbs on rare-earth magnet exports to the United States.He Yongqian told a press briefing that China was committed to maintai
Fri, Dec 26
Ukraine, US negotiators discussed how to bring peace closer, Zelenskiy says
KYIV, Dec 25 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Thursday that he spoke with U.S. President Donald Trump's special envoy Steve Witkoff and son-in-law Jared Kushner for about an hour on how to end the war with Russia. "It was a really good conversation: many details,...
Fri, Dec 26
Japan's cabinet approves record $785 billion budget, vows to keep debt in check
By Makiko Yamazaki TOKYO, Dec 26 (Reuters) - Japanese Prime Minister Sanae Takaichi's cabinet on Friday approved a record $785 billion budget for the next fiscal year, aiming to strike a balance between her proactive fiscal policy and debt blowout concerns by limiting new bond issuance.Faced ...
Fri, Dec 26
Core inflation in Japan's capital slows in December but no bar for further BOJ hikes
Tokyo December core CPI up 2.3% yr/yr vs forecast +2.5%Index excluding fresh food, fuel rises 2.6% yr/yr in DecemberBOJ next meets for policy meeting January 22-23By Leika KiharaTOKYO, Dec 26 (Reuters) - Core consumer inflation in Japan's capital slowed in December on moderating cost pressure fo...
Fri, Dec 26
White House orders military to focus on 'quarantine' of Venezuela oil
The White House has ordered U.S. military forces to focus almost exclusively on enforcing a "quarantine" of Venezuelan oil for at least the next two months, a U.S. official told Reuters, indicating Washington is currently more interested in using economic rather than military means to pressure Carac
Thu, Dec 25
Hanwha's Philly Shipyard can build nuclear submarine for US Navy, executive says
Hanwha's Philly Shipyard has the capability of building a nuclear-powered submarine for the U.S. Navy, said Alex Wong, global chief strategy officer at Hanwha Group, according to a statement from the South Korean company on Thursday.
Thu, Dec 25
Japan's Nikkei inches up as tech stocks track Wall Street's gains
Japan's Nikkei share average inched up on Thursday, tracking Wall Street's gains overnight, with technology stocks leading the gains.
Thu, Dec 25
Kennedy Center Christmas Eve jazz concert canceled after Trump's name added
A planned Christmas Eve jazz concert at the Kennedy Center was canceled, with the host of the longtime annual performance attributing the decision to the addition of Republican U.S. President Donald Trump's name to the institution in Washington.
Thu, Dec 25
Justice Department says Epstein document release could take few more weeks
Dec 24 (Reuters) - The Congressionally-mandated release of documents related to convicted sex offender Jeffrey Epstein could take a few more weeks, the Justice Department said on Wednesday, after the U.S. Attorney for the Southern District of New York and the FBI uncovered more than a million potent
Thu, Dec 25
US weekly jobless claims fall, but more people collecting unemployment checks
WASHINGTON, Dec 24 (Reuters) - The number of Americans filing new applications for jobless benefits unexpectedly fell last week, consistent with a low level of layoffs, but the unemployment rate likely remained high in December amid sluggish hiring.
Thu, Dec 25
Snowflake dips after report says co to buy Observe for $1 bln
Cloud data analytics firm Snowflake's SNOW.N shares fall 1.7% to $221.18The Information reports co is in talks to buy app monitoring startup Observe for $1 blnDeal expected to be biggest for SNOW - reportObserve's tools help detect and resolve issues in app systemsIncluding session's mov...
Thu, Dec 25
How a Silicon Valley dealmaker charmed Trump and gave Intel a lifeline
SAN FRANCISCO, Dec 24 (Reuters) - It was a Thursday before dawn in Silicon Valley when Intel CEO Lip-Bu Tan found himself under attack by the president of the United States.
Thu, Dec 25
Gold, silver and platinum take a breather after record rally
Gold hits all-time high at $4,525.18/ozPlatinum up about 143% YTDPalladium down over 10% after scaling 3-year high By Sarah Qureshi Dec 24 (Reuters) - Gold prices edged lower on Wednesday, taking a breather after surging past the key $4,500-an-ounce mark earlier in the session, while silver and p
Thu, Dec 25
Discovery of a million more potential Epstein documents delays further releases
Dec 24 (Reuters) - The U.S. Justice Department has found more than a million more documents potentially tied to convicted sex offender Jeffrey Epstein, delaying a full release for weeks while officials redact details to protect victims, DOJ said on Wednesday.President Donald Trump's administrati...
Thu, Dec 25
