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Japan's Nikkei reclaims key 50,000 mark as tech stocks rally on Nvidia results
TOKYO, Nov 20 (Reuters) - Japan's Nikkei share average jumped back above the key 50,000 mark on Thursday, led higher by technology stocks after strong results from Nvidia NVDA.O eased valuation concerns over the artificial-intelligence sector.The Nikkei 225 Index .N225 jumped 3...
Thu, Nov 20
Stocks rally hard after Nvidia tops estimates, jobs data in view
SINGAPORE, Nov 20 (Reuters) - A relief rally swept across Asian markets and lifted stocks in early trading on Thursday as investors cheered Nvidia's market-topping earnings, while the dollar rose as traders braced for the release of delayed jobs data.
Thu, Nov 20
Oil settles down on renewed push to end Russia-Ukraine war
Oil settles down on US push to end Russia's war in UkrainePeace talks would reduce oil supply risks, analysts sayLarger-than-expected draw from US crude stocks limits oil's lossesBy Shariq Khan NEW YORK, Nov 19 (Reuters) - Oil prices fell on Wednesday after reports indicated the U.S. is r...
Wed, Nov 19
Japanese seafood caught up in escalating diplomatic dispute with China
Beijing partially eased seafood restrictions this yearNearly 700 Japanese exporters eyed return to biggest marketChina has also warned its citizens not to travel to JapanDispute triggered by Japan PM remarks on TaiwanBy Kaori Kaneko, Tamiyuki Kihara and Eduardo Baptista TOKYO/BEIJING, Nov 19 (Re...
Wed, Nov 19
FOREX-Yen bid, dollar choppy as investors look for safety from global selloff
Broad declines for US equity markets, down for fourth dayWeekly jobs data adds to investor pessimismTrump renews attack on Fed Chair PowellBOJ Governor Ueda to meet with finance minister as JGB yields set fresh highsBy Gregor Stuart Hunter SINGAPORE, Nov 19 (Reuters) - The yen regained its footin...
Wed, Nov 19
Musk’s xAI in advanced talks to raise $15 billion at $230 billion valuation
Nov 18 (Reuters) - Elon Musk’s artificial-intelligence startup xAI is in advanced talks to raise $15 billion in fresh equity at a valuation of $230 billion, the Wall Street Journal reported on Tuesday. The fundraising terms were outlined to investors by Musk’s wealth manager, Jared Birchall...
Wed, Nov 19
Asia stocks subdued as Nvidia earnings loom over AI-fuelled rally
South Korea stocks fall for second straight sessionBank Indonesia decision due later in the dayMarkets await Nvidia results By Roshan Thomas Nov 19 (Reuters) - Taiwan and South Korean stocks fell on Wednesday, while currencies were little changed as investors awaited Nvidia's earnings to gaug...
Wed, Nov 19
US unemployment rolls swelled between mid-September and mid-October
WASHINGTON, Nov 18 (Reuters) - The number of Americans on jobless benefits surged between mid-September and mid-October, government data showed on Tuesday, suggesting an elevated unemployment rate in October as an uncertain economic environment discourages hiring.
Wed, Nov 19
Soybeans pull back after setting June 2024 high on Chinese buying
CHICAGO, Nov 18 (Reuters) - U.S. soybean futures pulled back on Tuesday after reaching their highest level since June 2024 as China made hefty purchases of American supplies.Wheat also reached a multi-month high, while corn futures edged up.The U.S. Department of Agriculture confi...
Wed, Nov 19
Google launches Gemini 3, embeds AI model into search immediately
SAN FRANCISCO, Nov 18 (Reuters) - Alphabet's GOOGL.O Google on Tuesday launched the latest version of its artificial intelligence model Gemini, emphasizing that the new capabilities will be immediately available in several profit-generating products like its search engine.
Wed, Nov 19
Trump says his administration has started interviews for next Fed chair
WASHINGTON, Nov 18 (Reuters) - U.S. President Donald Trump on Tuesday said he was speaking with various people about the Federal Reserve chairman's job and had some unexpected candidates on the list of those who might replace Jerome Powell."We have some surprising names and we have some stan...
Wed, Nov 19
Trump says Saudi Arabia agreed to invest $600 billion in US, crown prince promises $1 trillion
WASHINGTON, Nov 18 (Reuters) - U.S. President Donald Trump said on Tuesday that Saudi Arabia had agreed to invest $600 billion in the United States with the Saudi Crown Prince promising an increase in investment to $1 trillion."I want to thank you because you've agreed to invest $600 billion...
Wed, Nov 19
S&P 500 ends down for a 4th day as valuation worries weigh, Home Depot drops
NEW YORK, Nov 18 (Reuters) - U.S. stocks ended lower on Tuesday, with the S&P 500 putting in a fourth straight session of losses as valuation worries hit big technology-related shares and a disappointing forecast pressured Home Depot.
Wed, Nov 19
Oil settles up 1% on Russia sanctions, interviews for next US Fed chair
HOUSTON, Nov 18 (Reuters) - Oil prices settled higher on Tuesday after a choppy session as traders weighed the impact of Western sanctions on Russian oil flows, as well as U.S. President Donald Trump saying his administration had started interviewing for the next Federal Reserve chair.
Wed, Nov 19
Japan warns citizens in China about safety as diplomatic crisis deepens
Japanese urged to avoid crowds, watch for 'suspicious people'Tokyo's envoy flies to Beijing, but no signs of breakthroughJapan business leaders urge resolution amid economic blowback Japanese film screenings in China suspended as rift growsBy Liz Lee and John Geddie BEIJING/TOKYO, Nov...
Tue, Nov 18
BOJ chief tells Takaichi central bank seeking smooth landing towards price goal
Ueda says had 'candid, good' talks with PM on monetary policyBOJ chief tells PM gradual rate hike ensures sustainable growthUeda says PM made no request on policy, two discussed FXRemarks keep markets guessing on BOJ rate-hike timingBy Kentaro Sugiyama and Leika Kihara TOKYO, Nov 18 (Reut...
Tue, Nov 18
Japan's Nikkei plunges by most in seven months on tech selloff
By Junko FujitaTOKYO, Nov 18 (Reuters) - Japan's Nikkei share average sank by the most in more than seven months on Tuesday, as investors sold off tech stocks following Wall Street's sharp decline overnight.The index .N225 dropped 3.2% to close at 48,702.98, posting its sharpest daily declin...
Tue, Nov 18
Soybeans slip after hitting highest since June 2024 on Chinese purchases
CANBERRA, Nov 18 (Reuters) - Chicago soybean futures edged lower on Tuesday after reaching their highest level since June last year earlier in the session as China ramped up purchases of U.S. beans.Wheat also rose to a multi-month high before trading lower. Corn futures fell slightly. The most-ac...
Tue, Nov 18
Gold down for 4th day on firm dollar, easing Fed rate-cut bets
Fed needs to move slowly with further rate cuts, Jefferson saysFocus shifts to US non-farm payrolls data due on Thursday By Brijesh Patel Nov 18 (Reuters) - Gold fell for a fourth straight session on Tuesday, weighed down by a firm dollar and diminished prospects of a U.S. interest rate cut next ...
Tue, Nov 18
EXCLUSIVE-China snaps up US soybeans after pledge to Trump, but at high price, traders say
Chinese purchase from US is its largest since at least JanuaryU.S. soybeans remain costlier than Brazilian cargoesChicago soybean futures rise to June 2024 high on China buyingBy Karl Plume CHICAGO, Nov 17 (Reuters) - China bought at least 14 cargoes of U.S. soybeans on Monday, two traders with k...
Tue, Nov 18
