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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...
Jan 17, 2025
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 ...
Jan 17, 2025
REFILE-Dutch government excludes most ASML sales to China from 'dual use' export data
Fixes datelineMost ASML China sales excluded from Dutch 'dual use' export dataGovernment says data commercially sensitive, disclosure optionalASML had sales of more than $7 billion to China in 2024By Toby Sterling AMSTERDAM, Jan 17 (Reuters) - The Dutch government excludes billions of euros of sa...
Jan 17, 2025
US auto safety regulator closes probe into nearly 7,000 Fisker electric SUVs
Jan 17 (Reuters) - The U.S. auto safety regulator closed its probe into 6,971 Fisker Ocean SUVs on Friday over inadvertent activation of the automatic emergency braking system, as it does not expect to get further information from the bankrupt EV maker.
Jan 17, 2025
Trump tees up aggressive anti-immigration push in first hours of administration, CNN reports
Jan 17 (Reuters) - US President-elect Donald Trump's team is finalizing an aggressive slate of executive orders on immigration that are expected to be issued hours after he is sworn in, CNN reported on Friday, citing two people familiar with the matter.
Jan 17, 2025
WRAPUP 5-China's economy meets official growth target, but many feel worse off
Adds Nomura comments in paragraphs 12-13, growth forecasts in paragraph 31China's Q4 GDP grows 5.4% y/y, beating market forecast2024 GDP expands 5.0%, meeting the government's targetBut growth was unbalanced, led by industry and exportsConsumption lags as workers faces uncertainties2025 outlook clou...
Jan 17, 2025
Kremlin says US stance on Russian oil sanctions unlikely to change
MOSCOW, Jan 17 (Reuters) - The Kremlin said on Friday it does not expect the United States to soften its position on sanctions against Russian oil once President-elect Donald Trump takes office, despite his administration's readiness for dialogue on the Ukraine war.
Jan 17, 2025
Higher US LNG exports under Trump will benefit Japan, says utilities chief
TOKYO, Jan 17 (Reuters) - A potential increase in U.S. fossil fuels production and liquefied natural gas exports under Donald Trump's incoming presidency could result in lower fuel prices, benefiting Japan, the head of the country's utilities federation said on Friday.
Jan 17, 2025
Bund yields on track for first weekly drop since early December
Jan 17 (Reuters) - Euro area benchmark Bund yields were on track for their first weekly drop since early December 2024 after U.S. inflation data drove borrowing costs lower on both sides of the Atlantic.
Jan 17, 2025
TikTok, five other Chinese firms hit by EU privacy complaints
STOCKHOLM/BRUSSELS, Jan 17 (Reuters) - TikTok, Shein, Xiaomi 1810.HK and three other Chinese companies were named in a privacy complaint filed on Thursday by Austrian advocacy group Noyb, which alleged the firms were unlawfully sending European Union user data to China.
Jan 17, 2025
Gold poised for third weekly gain on renewed hopes of Fed rate cuts
Fed's Waller says 3 or 4 rate cuts possible this yearSilver on track for third weekly gain in a rowPalladium faces biggest weekly decline since August Trump set to begin his second term next week Updates with mid-session trading movesBy Rahul Paswan Jan 17 (Reuters) - Gold prices hovered near a f...
Jan 17, 2025
Cautious end to week as Trump inauguration looms
Caution is likely to reign globally, with Donald Trump's inauguration as U.S. President on Monday looming large and potentially bringing bombshells not only in his speech but in any immediate executive orders, which could include massive tariffs on friends and foes alike.
Jan 17, 2025
Japan's Nikkei ends lower ahead of Trump inauguration; firmer yen hurts exporters
Japan's Nikkei share average slipped on Friday amid caution ahead of market reaction to President-elect Donald Trump's inaugural speech next week, while a stronger yen hurt exporters' shares.
Jan 17, 2025
JGB yields track U.S. Treasury yields lower
TOKYO, Jan 17 (Reuters) - Japanese government bond yields slipped on Friday after U.S. Treasury yields fell overnight following remarks from Federal Reserve Governor Christopher Waller indicating that multiple U.S. rate cuts were possible this yearThe two-year JGB yield JP2YTN=JBTC fell 1 basis poin
Jan 17, 2025
China's population falls for a third consecutive year
HONG KONG, Jan 17 (Reuters) - China's population fell for a third consecutive year in 2024, with the number of deaths outpacing a slight increase in births, and experts cautioning that the trend will accelerate in the coming years.
Jan 17, 2025
TSMC's US plant unlikely to get latest chip tech before Taiwan, CEO says
TAIPEI, Jan 17 (Reuters) - TSMC's new U.S. plant is unlikely to get the most advanced chip technology before factories in Taiwan due to complex compliance issues, local construction regulations and various permitting requirements, the Taiwanese company's CEO said.
Jan 17, 2025
Foreign investors turn net buyers of Japanese stocks in the week to Jan 11
Jan 17 (Reuters) - Foreign investors were net buyers of Japanese stocks in the week to Jan. 11, buoyed by a rally in chip-related shares and optimism over domestic corporate outlook.
Jan 17, 2025
UPDATE 8-TikTok's fight against going dark gains support from key US lawmakers
Trump administration mulls TikTok divestiture extensionTikTok preparing to shut US operations amid federal banSupreme Court says it may issue rulings on FridaySenator Schumer says TikTok should get time to find buyerAdds new White House comment in paragraphs 6-7By David Shepardson WASHINGTON, Jan...
Jan 17, 2025
China's new home prices steady for the first time in 1-1/2 years after stimulus push
BEIJING, Jan 17 (Reuters) - China's new homes prices were flat month-on-month in December, official data showed on Friday, after the government rolled out multiple rounds of stimulus measures to lift the property sector from a prolonged slump.New home prices were steady in December for the first tim
Jan 17, 2025
Oil prices climb on supply fears, Fed rate cut hopes
By Yuka Obayashi TOKYO, Jan 17 (Reuters) - Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S. sanctions on Russian oil producers and signals from a Federal Reserve official of potential interest rate cuts. Brent crude futures L
Jan 17, 2025
