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UPDATE 5-South Korea court approves arrest of President Yoon in martial law investigation
SEOUL, Dec 31 (Reuters) - A South Korean court gave authorities approval on Tuesday to arrest President Yoon Suk Yeol after he was impeached and suspended from power for imposing martial law , marking the first time that a sitting president of the country has faced arrest.
Tue, Dec 31
China's Xpeng plans to hire more than 6,000 workers in 2025
BEIJING, Dec 31 (Reuters) - Chinese electric vehicle maker Xpeng 9868.HK will hire more than 6,000 workers in 2025, founder and CEO He Xiaopeng said on Tuesday.He expects market competition to be more intense in 2025 with a price war to begin in January, according to an internal letter reviewed by R
Tue, Dec 31
UPDATE 1-Israel, at UN, warns Houthis risk sharing same fate as Hamas, Hezbollah
Israel's ambassador to the United Nations issued on Monday what he called a final warning to Yemen's Iran-backed Houthi militants to halt their missile attacks on Israel, saying they risked the same "miserable fate" as Hamas, Hezbollah and Syria's Bashar al-Assad if they persisted.
Tue, Dec 31
Migrants in Mexico anxious to enter US legally before Trump ends humanitarian programs
Hundreds of migrants waited in long lines outside an immigration office in southern Mexico on Monday, hoping to secure safe passage north and enter the U.S. legally before President-elect Donald Trump takes office in January.
Tue, Dec 31
Sterling holds out against strong dollar
Dec 30 (Reuters) - The pound stood its ground in thinned-out holiday trading session on Monday and looked set to end the year as the best performing major currency against the relentlessly firming dollar.
Mon, Dec 30
Berlin says Elon Musk trying to exert influence over German election
BERLIN, Dec 30 (Reuters) - U.S. billionaire Elon Musk is trying to exert influence over the German election taking place in February, a government spokesperson said on Monday.
Mon, Dec 30
US STOCKS-Wall St futures slip on elevated Treasury yields
Dec 30 (Reuters) - U.S. stock index futures slipped in light trading volumes on Monday as elevated Treasury yields threatened to pressure a historically strong year-end period for equities.
Mon, Dec 30
Dollar reigns with support of higher yields
Dec 30 (Reuters) - The dollar maintained its firm stance on Monday, while the Japanese yen traded around five-month lows, as global currencies headed to the end of a year characterised by diverging central bank outlooks.
Mon, Dec 30
Oil holds steady in thin holiday trade
LONDON, Dec 30 (Reuters) - Oil prices were broadly steady on Monday in thin holiday trade at the end of the year, as traders awaited more Chinese and U.S. economic data later this week to assess growth in the world's two largest oil consumers.
Mon, Dec 30
LIVE MARKETS-STOXX subdued, tech and healthcare weigh
The STOXX 600 .STOXX is down 0.23% on Monday as trading stays thin ahead of a short trading day for many bourses on Tuesday before New Year.
Mon, Dec 30
Smart glasses give tech giants dangerous FOMO
Smart glasses will come into focus in 2025. Meta’s META.O collaboration with EssilorLuxottica ESLX.PA has become a bestseller in most Ray-Ban stores across Europe, the Middle East and Africa, with total sales topping 1 million units, according to Counterpoint Research.
Mon, Dec 30
Gold in holding pattern as markets eye economic data, Fed outlook
Dec 30 (Reuters) - Gold prices slipped in thin trade on Monday, as markets awaited next week's U.S. economic data and the potential impact of President-elect Donald Trump's return to office on the Federal Reserve's 2025 outlook.
Mon, Dec 30
BUZZ-COMMENT-Dollar will continue to ride high for three reasons
Dec 30 (Reuters) - The U.S. dollar looks set to rise further in January due to a combination of seasonal, fundamental and technical factors.
Mon, Dec 30
Some global property catastrophe reinsurance rates to fall 5% to 15% on Jan 1, broker says
Global property catastrophe reinsurance rates will fall 5% to 15% on Jan. 1 for books of businesses which have not suffered losses, reinsurance broker Guy Carpenter said on Monday, as the market becomes more competitive after years of rate rises.
Mon, Dec 30
WHO chief calls for end to hospital attacks in Gaza after strike
The head of the World Health Organization on Monday called for an end to attacks on hospitals in Gaza after Israel struck one and raided another in the past few days.
Mon, Dec 30
Japan's 10-year bond yield slips from over 13-year high
TOKYO, Dec 30 (Reuters) - Japan's 10-year government bond (JGB) yield inched down on Monday after hitting a more than 13-year high in the previous session. The 10-year bond yield was last at 1.09%, down one basis point (bp), after rising to as high as 1.105% earlier in the session. The yield hit 1.1
Mon, Dec 30
UPDATE 4-South Korea orders air safety probe after worst crash in country kills 179
Acting president orders emergency safety inspection for South Korea's entire airline operationsPilots reported bird strike before fatal airport approachJeju Air crash kills 179, two survivors pulled from wreckageInvestigation considers bird strikes, weather; NTSB, Boeing involvedAdds analyst comment
Mon, Dec 30
FOREX-Dollar reigns with support of higher yields
Updates prices at London open SINGAPORE, Dec 30 (Reuters) - The Japanese yen traded around five-month lows on Monday against a dollar underpinned by rising U.S. yields as thin year-end liquidity kept most currencies in tight ranges.The yen was changing hands at 157.82 JPY= with only the risk of J
Mon, Dec 30
India's BPCL buys Middle East grades to replace Russian shortfall
BPCL turns to Middle East due to Russian supply shortfallBPCL diversifies oil sources, including first-time Argentinian crude purchaseBPCL plans $19.94 billion investment by 2028/29, half through debtBy Nidhi Verma and Manoj Kumar NEW DELHI, Dec 30 (Reuters) - State-run Indian refiner Bharat Petr
Mon, Dec 30
Metals trade mixed, firmer dollar weighs on market
SHANGHAI, Dec 30 (Reuters) - Base metals were broadly mixed on Monday, with a stronger U.S. dollar making it more expensive for holders of other currencies to buy greenback-priced commodities.
Mon, Dec 30
