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GLOBAL MARKETS-Asia shares benefit from doubts about Trump tariffs
Asia shares track Wall St, rise on possible shift in US trade policyStock futures suggest weak opening for EuropeEuro zone inflation data due later on TuesdayUpdates to Asia afternoonBy Rae Wee SINGAPORE, Jan 7 (Reuters) - Asia's shares followed Wall Street's positive lead on Tuesday as some inve
Tue, Jan 7

Global crude exports dip as trade routes reshuffle again
HOUSTON, Jan 7 (Reuters) - The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due to weak demand growth and as refinery and pipeline changes reshuffled trade routes.
Tue, Jan 7

Japan's 10-year bond yield flat after firm auction
TOKYO, Jan 7 (Reuters) - Japan's 10-year government bond (JGB) yield retreated from a session high and turned flat on Tuesday after an auction witnessed firm demand.The 10-year JGB yield JP10YTN=JBTC rose to as high as 1.135% but was last flat at 1.125%."The yield tracked U.S. Treasury yields higher
Tue, Jan 7

Indonesia to meet Apple on investment proposal, official says
JAKARTA, Jan 7 (Reuters) - Indonesia's industry ministry will meet representatives from Apple AAPL.O on Tuesday to discuss its investment in the country, a prerequisite for the tech giant to sell its latest iPhone 16 locally, a ministry official said. Indonesia last year banned sales of Apple's iPho
Tue, Jan 7

CES-Nvidia unveils robot training tech, new gaming chips and Toyota deal
Nvidia announces AI model tech to speed robot developmentCEO launches new videogame graphics chips at CESNvidia also unveils first desktop computer, Toyota dealRecasts and writes through with analyst commentBy Max A. Cherney and Stephen Nellis Jan 6 (Reuters) - Nvidia NVDA.O on Monday took the wr
Tue, Jan 7

Oil prices extend losses, firmer dollar and supply outlook weigh
By Colleen Howe BEIJING, Jan 7 (Reuters) - Oil prices extended losses into a second straight session on Tuesday on technical correction after last week's rally, while forecasts for ample supply and a firm dollar also weighed.Brent LCOc1 futures fell 28 cents, or 0.37%, to $76.02 a barrel by 0148
Tue, Jan 7

CES-Nvidia CEO set to take stage at CES just after shares hit record high
By Max A. Cherney, Stephen Nellis Jan 6 (Reuters) - Nvidia NVDA.O Chief Executive Jensen Huang is set to deliver the opening keynote speech at CES later on Monday and will likely unveil new videogame chips and detail efforts to parlay the company's success in artificial intelligence into other ma
Tue, Jan 7

Outgoing US transport chief says Boeing has more to do after 737 MAX incident
The outgoing U.S. transportation secretary said on Monday that Boeing BA.N has more to do and its efforts to improve its culture are unfinished after a door panel missing four key bolts flew off a new Alaska Airlines ALK.N 737 MAX 9 in mid-air in January 2024.
Tue, Jan 7

Oil refiner Phillips 66 plans to acquire EPIC NGL in $2.2 bln deal
U.S. oil refiner Phillips 66 PSX.N said on Monday it will acquire EPIC Y-Grade GP and EPIC Y-Grade in an all-cash deal for $2.2 billion.
Tue, Jan 7

UPDATE 6-Disney's Hulu + Live TV business to combine with Fubo, clearing way for Venu Sports
Disney to hold 70% stake in combined ventureFubo agrees to drop lawsuit against Venu and will receive $220 million settlementFubo shares surge 141% after merger announcementFubo and Hulu + Live TV remain separate offerings post-dealAdds details on internet Pay TV services; updates Fubo share price; ...
Mon, Jan 6

US STOCKS-Futures rise after report of selective Trump tariffs; chip stocks gain
Jan 6 (Reuters) - U.S. stock index futures rose on Monday as optimism around AI fueled advances in technology companies, and a report suggested the incoming Trump administration could adopt a less aggressive stance on tariffs than previously anticipated.
Mon, Jan 6

HSBC Appoints Lisa Mcgeough As President And CEO For The U.S.
Jan 6 (Reuters) - 0005.HK 0005.HK:HSBC APPOINTS LISA MCGEOUGH AS PRESIDENT AND CEO FOR THE UNITED STATESSource text: nBw8TcR81aFurther company coverage: 0005.HK ((Reuters.Briefs@thomsonreuters.com;))
Mon, Jan 6

U.S. Steel, Nippon file lawsuit against Biden's order
Shares of U.S. Steel X.N rise 3.51% to $31.53 premarket
Mon, Jan 6

BUZZ-Barclays upgrades Capital One and Discover to 'overweight' rating
** Barclays upgrades payment firms Capital One COF.N and Discover Financial Services DFS.N to "overweight" from "equal weight" rating** Brokerage says likelihood of COF and DFS merger has increased** Barclays expects the merger to close in early 2025** Last year in February, COF said it will acquire...
Mon, Jan 6

Options warn of impending U.S. NFP risk to FX
Jan 6 (Reuters) - FX implied volatility gauges FX actual/realised volatility, which is a key part of an FX option premium, and it has seen a significant increase since including Friday's U.S. NFP jobs data.
Mon, Jan 6

French 2025 budget targets 50 bln euros in savings, finance minister says
PARIS, Jan 6 (Reuters) - France's new government aims to squeeze around 50 billion euros ($52 billion) in savings out of the 2025 budget, Finance Minister Eric Lombard said on Monday, setting a lower target than his predecessor.
Mon, Jan 6

Oil falls from highest since October as dollar strengthens
SINGAPORE, Jan 6 (Reuters) - Oil prices dipped on Monday amid a strong U.S. dollar ahead of key economic data by the U.S. Federal Reserve and U.S. payrolls later in the week.
Mon, Jan 6

Gold falls as focus shifts to US data for economic cues
Jan 6 (Reuters) - Gold prices dipped on Monday on profit-booking after gaining last week, while investors awaited a slew of U.S. economic data including the December nonfarm payrolls report for further guidance on the Federal Reserve's stance on interest rates.
Mon, Jan 6

Vietnam's 2024 GDP growth accelerates to 7.09%, driven by strong exports
Vietnam's economy expanded 7.09% last year to $476.3 billion, faster than the 5.05% expansion in 2023, driven by strong exports and robust foreign investment inflows, government data showed on Monday.
Mon, Jan 6

North Korea tests mid-range missile as Blinken visits Seoul
U.S. Secretary of State Antony Blinken said a North Korean missile test carried out during his visit to Seoul on Monday was a reminder of the need to deepen Washington's cooperation with South Korea and Japan to deter an emboldened Pyongyang.
Mon, Jan 6
