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China urges Philippines to return to 'peaceful development'
China's foreign ministry on Thursday urged the Philippines to return to "peaceful development", saying Manila's decision to deploy a U.S. medium-range missile system in military exercises would only bring the risks of an arms race in the region.
Thu, Dec 26
Oil prices inch up on hopes for more China stimulus
Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, while an anticipated decline in U.S. crude inventories also provided support.
Thu, Dec 26
Asian currencies struggle, stocks mostly lower amid Fed rate outlook concerns
Dec 26 (Reuters) - Emerging Asian currencies were mostly lower against a resilient dollar and stock markets weaker on Thursday, as investors continued to focus on the Federal Reserve's rate cut path in a holiday-thinned trading week.
Thu, Dec 26
Gold gains on weak dollar, geopolitical turmoil; Fed, Trump's 2025 policies in focus
Dec 26 (Reuters) - Gold gained on Thursday in light holiday trading, boosted by slight weakness in the U.S. dollar and geopolitical tensions, as investors eyed Federal Reserve's 2025 rate strategy and Donald Trump's tariff policies, which could shape the metal's trajectory next year.
Thu, Dec 26
EXPLAINER-South Korea's Constitutional Court to decide impeached president's fate
Updates Dec 14 explainerBy Joyce Lee SEOUL, Dec 26 (Reuters) - South Korea's Constitutional Court will hold its first hearing on Friday in the case of President Yoon Suk Yeol, after parliament impeached him over his short-lived martial law decree on Dec. 3.Here are key issues for South Korea's ro
Thu, Dec 26
PRECIOUS-Gold edges higher in holiday trade; eyes on Fed's 2025 plan
Dec 26 (Reuters) - Gold inched higher on Thursday in holiday-thinned trade, as investors focused on the U.S. Federal Reserve's interest rate strategy and anticipated tariff policies under President-elect Donald Trump, both of which could influence the metal's direction in the coming year.FUNDAMENTAL
Thu, Dec 26
Oil prices edge higher on hopes for more China stimulus
TOKYO, Dec 26 (Reuters) - Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, while an anticipated decline in U.S. crude inventories also provided support.
Thu, Dec 26
Biden, Trump send different Christmas messages
The outgoing and incoming U.S. presidents had different messages for the Christmas holiday, with Democrat Joe Biden urging Americans to reflect and unite and Republican Donald Trump offering a holiday greeting and a flurry of politically focused social media posts.
Thu, Dec 26
US to continue weapons surge to Ukraine after Russia's Christmas attack, Biden says
President Joe Biden said on Wednesday he asked the U.S. Defense Department to continue its surge of weapons deliveries to Ukraine after condemning Russia's Christmas Day attack against some of Ukraine's cities and its energy system.
Thu, Dec 26
DIARY-Federal Reserve Events
Federal Open Market Committee (FOMC) MEETING DATES.
Wed, Dec 25
UPDATE 1-Russia says it struck Ukrainian energy facilities that support military factories
MOSCOW, Dec 25 (Reuters) - The Russian Defence Ministry said on Wednesday it had conducted a "massive strike" on what it said were critical energy facilities in Ukraine that support the work of Kyiv's military-industrial complex.
Wed, Dec 25
UPDATE 1-Passenger plane crashes in Kazakhstan, emergencies ministry says
A passenger plane crashed near the city of Aktau in Kazakhstan on Wednesday and initial reports suggested there were survivors, the Central Asian country's Emergencies Ministry said in a statement.
Wed, Dec 25
METALS-SHFE base metals rise on positive domestic economic news
By Violet Li and Mei Mei Chu SHANGHAI, Dec 25 (Reuters) - Most base metals on the Shanghai Futures Exchange (SHFE) edged up on Wednesday, buoyed by positive macroeconomic news from the Chinese government.China plans to boost fiscal support for consumption next year by increasing pensions and medi
Wed, Dec 25
UPDATE 2-Japan to compile record $734 bln budget for next fiscal year, draft plan shows
Changes sourcing, adds more details from draftBy Takaya YamaguchiTOKYO, Dec 25 (Reuters) - Japan's government is set to compile a record $734 billion budget for the fiscal year from April due to larger social security and debt-servicing costs, adding to the industrial world's heaviest debt, a draft
Wed, Dec 25
UPDATE 1-Taiwan blocks Uber's $950 mln Foodpanda deal, Bloomberg News reports
Adds details from Bloomberg report Dec 25 (Reuters) - Taiwan has blocked Uber Technologies' UBER.N $950 million purchase of Delivery Hero's DHER.DE Foodpanda business on the island because of anti-competition concerns, Bloomberg News reported on Wednesday, citing Taiwan's official Central News Ag
Wed, Dec 25
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Japan's Nikkei inches down, trading muted before Wall Street holiday
TOKYO, Dec 25 (Reuters) - Japan's Nikkei share average inched down on Wednesday as investors avoided active bets with Wall Street closed for the Christmas holiday.
Wed, Dec 25
Bank of Korea plans to cut interest rates further next year
Dec 25 (Reuters) - South Korea's central bank said on Wednesday it plans to cut its benchmark interest rate further next year amid growing political uncertainties and other downside risks.
Wed, Dec 25
BOJ Gov Ueda for keeping policy rate below neutral for now
BOJ Gov Ueda addressing Japan business Federation Keidanren now; Notes price rises in wide range of goods, services reflecting wage gains;That said, uncertainties still high, for keeping policy rate below neutral...
Wed, Dec 25
China passes value-added tax law, effective 2026
BEIJING, Dec 25 (Reuters) - China's top legislative body voted to pass the value-added tax law on Wednesday, the official news agency Xinhua said.The law will take effect from Jan. 1, 2026. (Reporting by Liz Lee and Ellen Zhang; Editing by Raju Gopalakrishnan) ((liz.lee@thomsonreuters.com;))
Wed, Dec 25
Japan government plans record $730 bln budget for next fiscal year, Jiji reports
TOKYO, Dec 25 (Reuters) - Japan's government is in final talks to compile a record 115 trillion yen ($732 billion) general account budget for the fiscal year from April, Jiji news agency reported on Wednesday.($1 = 157.1100 yen) (Reporting by Makiko Yamazaki; Editing by William Mallard) ((Makiko.Yam
Wed, Dec 25
