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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

UPDATE 8-Oil prices rise 1% in thin pre-holiday trade
China's fiscal stimulus plan supports oil prices.
Wed, Dec 25

Gold edges higher in holiday trading; Fed outlook in focus
Dec 24 (Reuters) - Gold prices gained in a quiet holiday-period trading on Tuesday, while investor focus was on the U.S. Federal Reserve's rate strategy for next year and President-elect Donald Trump's future tariff policies.
Tue, Dec 24

Japan aims to cut greenhouse gas emissions 60% by 2035 vs 2013 levels
TOKYO, Dec 24 (Reuters) - Japan's environment and industry ministries on Tuesday finalised a plan to cut greenhouse gas (GHG) emissions by 60% from 2013 levels by 2035, up from its 2030 goal of a 46% cut.
Tue, Dec 24

Retailers brace for Black Friday amid shorter selling season, cautious shoppers
NEW YORK, Nov 29 (Reuters) - From Taylor Swift’s new Eras Tour book priced at $39.99 and sold only at Target, to a $50.99 Jessica Simpson puffer coat at Walmart, marked down from $84.99, major U.S. retailers stocked their shelves for Black Friday with exclusive products and lots of general merchandi
Fri, Nov 29

Shein, Temu branch further into toy market amid worry over fake products
NEW YORK, Nov 29 (Reuters) - Fast-growing specialty e-commerce sites such as PDD's (PDD.O), opens new tab Temu and its rival Shein are branching deeper into the business of selling toys as many American and European shoppers prepare to seek out steep bargains during the Black Friday weekend.
Fri, Nov 29

Australian social media ban started with call to act by politician's wife
SYDNEY, Nov 29 (Reuters) - Since Meta (META.O), opens new tab whistleblower Frances Haugen aired internal emails in 2021 showing the tech giant knew of social media's mental health impacts on teenagers, world leaders have agonised over how to curb the technology's addictive pull on young minds.
Fri, Nov 29

'I will still use it' vows youth, as Australia's under-16 social media ban sparks anger and relief
SYDNEY, Nov 29 (Reuters) - Australians reacted on Friday with a mixture of anger and relief to a social media ban on children under 16 that the government says is world-leading, but which tech giants like TikTok argue could push young people to "darker corners of the internet".
Fri, Nov 29

Oil prices mixed amid accusations of breaches to Israel-Hezbollah ceasefire
BEIJING, Nov 29 (Reuters) - Oil prices were mixed on Friday following a potential renewal of supply risk as Israel and Hezbollah traded accusations of ceasefire violations, and as a delay to an OPEC+ meeting left investors awaiting a decision on its output policy.
Fri, Nov 29

Core inflation in Japan's capital perks up, yen jumps on rate hike bets
TOKYO, Nov 29 (Reuters) - Core consumer inflation in Japan's capital accelerated in November and stayed above the central bank's 2% target, data showed on Friday, as price pressures broadened, keeping alive market expectations for a near-term interest rate hike.
Fri, Nov 29

Gazprom subsidiary files $880 million claim against Linde
(Reuters) - A subsidiary of Russia's gas major Gazprom has filed a claim for 85.7 billion roubles ($879 million) against global industrial gases and engineering company Linde and its subsidiaries, court documents showed on Wednesday.
Wed, Oct 30
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