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REFILE-UPDATE 3-China both hopeful and on edge as Trump returns to White House
Corrects spelling of name in Paragraph 21Chinese vice president hopes U.S. firms 'take root' in ChinaTrump previously hit over $300 billion of Chinese imports with tariffsFirms taking steps to not get stung again by fresh Trump tariffsBy Joe Cash, Josh Arslan, Casey Hall and Liz Lee BEIJING, Jan ...
Mon, Jan 20
Trump to call for 'revolution of common sense' in inaugural address, WSJ reports
Jan 20 (Reuters) - U.S. President-elect Donald Trump will call for a "revolution of common sense" during his inaugural address, the Wall Street Journal said on Monday citing excerpts of his prepared remarks.
Mon, Jan 20
Sterling hits 5-month low versus euro on rates outlook
Jan 20 (Reuters) - The pound hit a fresh five-month low versus the euro on Monday, even as it rose against a weakening dollar, as recent economic data and comments from a Bank of England official led investors to increase their bets on future BoE rate cuts.
Mon, Jan 20
Dollar drops, bitcoin hits all-time high before Trump inauguration
Jan 20 (Reuters) - The U.S. dollar dropped and bitcoin hit an all-time high on Monday before Donald Trump’s inauguration as U.S. president later in the session, with investors focusing on policy announcements that could immediately affect the greenback.
Mon, Jan 20
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
