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Chinese investors pile into Bridgewater-style funds, eyeing Trump return
Chinese hedge fund managers are racing to launch products styled on Bridgewater Associates' popular "All Weather" strategy, to meet hot investor demand for a cushion against expected volatility during Donald Trump's second U.S. presidency.
Mon, Jan 20
South Korean shares erase early gains as traders eye Trump's first day
South Korean shares erased early gains to end lower on Monday, as traders took a cautious approach ahead of U.S. President-elect Donald Trump's inauguration.
Mon, Jan 20
China's crude oil imports from top supplier Russia reach new high in 2024
SINGAPORE, Jan 20 (Reuters) - China's crude oil imports from top supplier Russia were up 1% in 2024 to a record high versus 2023, while purchases from Saudi Arabia dropped 9%, data showed on Monday, as refiners chased discounted Russian supplies to cope with weakened margins.
Mon, Jan 20
China, HK stocks rally as Trump-Xi call calms nerves
HONG KONG, Jan 20(Reuters) - China and Hong Kong stocks jumped on Monday as U.S. President-elect Donald Trump and Chinese President Xi Jinping's call eased some of the Sino-U.S. tensions.
Mon, Jan 20
RedNote TikTok influx is more curse than blessing
Gaining almost 3 million foreign users in one day sounds like a dream come true for a social media platform nearing saturation in its home market. But for RedNote, the Instagram-like upmarket Chinese app, the recent influx of refugees fleeing what appeared to be a permanent U.S. ban for video...
Mon, Jan 20
UK Stocks-Factors to watch on Jan 20
Jan 20 - Britain's FTSE 100 .FTSE index is seen opening lower on Monday, with futures FFIc1 down 0.15%.
Mon, Jan 20
Japan's Nikkei tracks Wall Street higher ahead of Trump inauguration
Corrects day of Fanuc's earnings in paragraph 5 to Monday next week, not ThursdayBy Kevin Buckland TOKYO, Jan 20 (Reuters) - Japan's Nikkei share average advanced on Monday, buoyed by gains on Wall Street and a weaker yen, even as a potential source of market volatility loomed in the form of U.S....
Mon, Jan 20
US soybean market share in China falls in 2024, replaced by Latam
BEIJING, Jan 20 (Reuters) - China's soybean imports from the United States dropped 5.7% in 2024 from the previous year and were replaced by Brazilian and Argentinian shipments, as fears of a renewed Sino-U.S. trade war further hammered the U.S. market share to under a quarter.
Mon, Jan 20
FOREX-Dollar steady as markets await Trump inauguration
SINGAPORE, Jan 20 (Reuters) - The dollar was hovering near a more than two-year high at the start of a pivotal week on Monday, as Donald Trump re-enters the White House with an inauguration speech that will be of primary focus for investors hoping to decipher his immediate policies.
Mon, Jan 20
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China leaves benchmark lending rates unchanged
SHANGHAI, Jan 20 (Reuters) - China left benchmark lending rates unchanged for a third consecutive month, as expected, as a weakening yuan has limited Beijing's monetary policy easing efforts.
Mon, Jan 20
PRECIOUS-Gold dips as Mideast tensions ease, focus on Trump inauguration
Jan 20 (Reuters) - Gold prices fell in early Asian trading on Monday as easing tensions in the Middle East tempered safe-haven demand, while investors awaited Donald Trump's inauguration and clarity on the incoming administration's policies.
Mon, Jan 20
Trump promises harsh immigration limits on inauguration eve
Donald Trump told thousands of roaring supporters he would impose severe limits on immigration on his first day in office, vowing to swiftly fulfill the central promise of his presidential campaign at a rally on Sunday inside a packed Washington arena a day before he returns to power.
Mon, Jan 20
UPDATE 9-Oil prices dip but post 4th straight weekly gain on US sanctions
Brent up 1.3%, WTI adds 1.7% in the weekConcerns about more supply disruptions as Trump returns to powerPotential halt to Houthi attacks on shipping in focus after Gaza ceasefire dealUS oil rig count falls by twoUpdates with CFTC data, paragraph 6By Arathy Somasekhar HOUSTON, Jan 17 (Reuters) - O...
Fri, Jan 17
UPDATE 8-SpaceX's Starship explodes in flight test, forcing airlines to divert
Starship prototype fails after launch from Texas, forces airlines to alter courseUpper stage anomaly leads to loss of StarshipSuper Heavy booster successfully returns to launchpadStarship had multiple upgrades, poised to deploy mock satellitesUpdates with graphic, no change to content of storyBy Joe...
Fri, Jan 17
UPDATE 3-Novo Nordisk says its obesity drug in higher dose shows 20.7% weight loss
Adds analyst comment and background in paragraphs 5-7By Sriparna Roy Jan 17 (Reuters) - Novo Nordisk NOVOb.CO said a higher dose of its drug Wegovy led to greater weight loss in patients during a late-stage trial, but the results fell short of the weight loss achieved with Eli Lilly's rival drug...
Fri, Jan 17
UK delays Basel bank rules by a year, EU says it's weighing options
'Basel endgame' rules have faced fierce opposition in USReforms face uncertain future under Trump presidencyBank of England says 'greater clarity' needed European Union says it is considering next stepsAdds unnamed EU official comment in paragraph 5, analyst comment in paragraph 6By Iain Withers ...
Fri, Jan 17
REFILE-Dutch government excludes most ASML sales to China from 'dual use' export data
Fixes datelineMost ASML China sales excluded from Dutch 'dual use' export dataGovernment says data commercially sensitive, disclosure optionalASML had sales of more than $7 billion to China in 2024By Toby Sterling AMSTERDAM, Jan 17 (Reuters) - The Dutch government excludes billions of euros of sa...
Fri, Jan 17
US auto safety regulator closes probe into nearly 7,000 Fisker electric SUVs
Jan 17 (Reuters) - The U.S. auto safety regulator closed its probe into 6,971 Fisker Ocean SUVs on Friday over inadvertent activation of the automatic emergency braking system, as it does not expect to get further information from the bankrupt EV maker.
Fri, Jan 17
Trump tees up aggressive anti-immigration push in first hours of administration, CNN reports
Jan 17 (Reuters) - US President-elect Donald Trump's team is finalizing an aggressive slate of executive orders on immigration that are expected to be issued hours after he is sworn in, CNN reported on Friday, citing two people familiar with the matter.
Fri, Jan 17
WRAPUP 5-China's economy meets official growth target, but many feel worse off
Adds Nomura comments in paragraphs 12-13, growth forecasts in paragraph 31China's Q4 GDP grows 5.4% y/y, beating market forecast2024 GDP expands 5.0%, meeting the government's targetBut growth was unbalanced, led by industry and exportsConsumption lags as workers faces uncertainties2025 outlook clou...
Fri, Jan 17
