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TikTok CEO plans to attend Trump inauguration, NYT reports

Jan 15 (Reuters) - The chief executive of TikTok plans to attend U.S. President-elect Donald Trump's inauguration, the New York Times reported on Wednesday, citing two people familiar with the plans.
Jan 16, 2025

UPDATE 4-Bank of Korea unexpectedly holds rate steady as political turmoil, won weigh

BOK holds interest rate steady at 3.00% Only seven of 34 economists polled foresaw outcomeWon recently plunged to 15-year low against U.S. dollarBank sees need for political turmoil to stabiliseMost board members are open to a near-term rate cutRecasts after Governor Rhee's news conferenceBy Cynthia...
Jan 16, 2025

Oil rises as US inventory declines heighten supply concerns

Jan 16 (Reuters) - Oil prices rose for a second day on Thursday after a larger-than-expected decline in U.S. crude oil stockpiles added to supply concerns stoked by U.S. sanctions against Russian energy trade.Brent crude futures LCOc1 rose 30 cents, or 0.4%, to $82.33 per barrel by 0120 GMT, after r
Jan 16, 2025

GRAINS-Corn edges down but hovers near 13-month high as drought grips Argentina

CANBERRA, Jan 16 (Reuters) - Chicago corn futures edged lower in early trading on Thursday but remained close to a 13-month high, after the U.S. government last week tightened its supply outlook, and hot and dry weather damages crops in Argentina.
Jan 16, 2025

UPDATE 5-Oil rises as traders assess sanctions impact

Brent and WTI benchmarks trade higherOPEC sees 2026 global oil demand growth of 1.43 million bpdIEA says new U.S. sanctions could disrupt Russian supplyU.S. crude stockpiles fall more than expected, API sources say EIA expects longer-term supply to outstrip demand Updates prices at 1420 GMT, adds ba...
Jan 15, 2025

Goldman Sachs profit surges as investment banking, trading fuel bumper quarter

Jan 15 (Reuters) - Goldman Sachs' GS.N profit more than doubled in the fourth quarter, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading.
Jan 15, 2025

JPMorgan profit jumps as dealmakers and traders ride market rebound

Jan 15 (Reuters) - JPMorgan Chase's JPM.N profit rose as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter.
Jan 15, 2025

BlackRock up on Q4 profit rise, record assets

Investment advisory and administration fees, BlackRock's chief source of revenue, jump 23.4% to $4.25 billion in the reported quarter. BLK assets hit a record high of $11.6 trillion in Q4.
Jan 15, 2025

German ministry warns 2025 uncertainty to weigh on economic recovery

BERLIN, Jan 15 (Reuters) - Germany can only hope for a tangible economic recovery once there is clarity on the economic, financial and geopolitical outlook, the economy ministry said in its monthly report on Wednesday, after annual data showed a 2024 recession.
Jan 15, 2025

IEA says new US sanctions could significantly disrupt Russian oil supply

LONDON, Jan 15 (Reuters) - The latest round of U.S. sanctions against Russian oil, announced last Friday, could significantly disrupt Russia's oil supply and distribution chains, the International Energy Agency (IEA) said in its monthly oil market report on Wednesday.The Paris-based agency held its
Jan 15, 2025

Gold inches higher as investors focus on US inflation data

Jan 15 (Reuters) - Gold prices edged higher on Wednesday as investors waited for the U.S. consumer price inflation report that could provide more clarity on the Federal Reserve's interest rate trajectory.
Jan 15, 2025

Boeing executive sees supply-demand balance by end of decade

DUBLIN, Jan 14 (Reuters) - Boeing BA.N expects to reach a balance between supply and market demand for passenger jets by the end of the decade, an executive said on Monday."From my perspective that's ... about a five-year impact in terms of what we need to do ... to get back to balance" from the cur
Jan 15, 2025

Biden signs executive order to ensure power for AI data centers

WASHINGTON, Jan 14 (Reuters) - President Joe Biden signed an executive order on Tuesday to provide federal support to address massive energy needs for fast-growing advanced artificial intelligence data centers, the White House said.
Jan 15, 2025

French PM cuts 2025 growth forecast to 0.9% from 1.1%

PARIS, Jan 14 (Reuters) - French Prime Minister Francois Bayrou told parliament on Tuesday that his government is cutting its 2025 economic growth forecast to 0.9% from 1.1% and said that he will target a 2025 public deficit of 5.4% of GDP.He added that his government is sticking to a public def
Jan 15, 2025

UPDATE 4-UK competition watchdog to investigate Google search services

UK to probe Google search impact on consumers and businessesCMA will assess Google's role in search and search advertisingMove follows US scrutiny of Google dominance CMA to decide if it should intervene in market Updates with Google's detailed response in paragraphs 6-9By Paul Sandle and Muvija M ...
Jan 14, 2025

PRECIOUS-Gold gains on softer dollar as investors weigh Trump tariff impact

U.S. PPI due at 1330 GMT, U.S. CPI on WednesdayDollar down 0.4% Platinum to be under-supplied in 2025, UBS saysUpdates with mid-session tradingBy Anushree Mukherjee Jan 14 (Reuters) - Gold prices rose on Tuesday, helped by a softer U.S. dollar and inflationary risks posed by President-elect Donal...
Jan 14, 2025

Sterling hits fresh 2-1/2-month low versus euro, falls against dollar

Jan 14 (Reuters) - The British pound was poised to record a sixth consecutive day of decline against the dollar on Tuesday and hit a fresh 2-1/2-month low versus the euro as concerns about Britain's fiscal sustainability continued to weigh.
Jan 14, 2025

UPDATE 3-Russia sees shift from Trump towards recognising 'realities' in Ukraine

Lavrov says perceived shift is welcomed by MoscowRussia ready to study Trump's peace ideasRussia prepared to consider security guarantees for UkraineAdds comments on security guarantees, Greenland in paragraphs 8-13By Dmitry Antonov and Vladimir Soldatkin MOSCOW, Jan 14 (Reuters) - Russia says it...
Jan 14, 2025

Steadfast USD long positions could see a key Fibo probe

Jan 14 (Reuters) - Speculative dollar long positions have continued to grow, highlighting expectations the greenback could make even bigger gains and eventually probe a long-term Fibo at 111.185.
Jan 14, 2025

India to forecast stronger growth next year while sticking to fiscal deficit goals, sources say

NEW DELHI, Jan 14 (Reuters) - India plans to project higher economic growth for the next fiscal year, two government officials with direct knowledge of the matter said, adding that fiscal deficit goals are being met and kept.
Jan 14, 2025
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