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Trump’s Agenda Already Faces Irresistible Forces
WASHINGTON, Jan 8 (Reuters Breakingviews) - President-elect Donald Trump’s legislative agenda faces roadblocks before he even takes office. Despite his Republican Party controlling all branches of the federal government, resolving a once-in-a-decade fight over the tax code as well as immigration...
Jan 10, 2025
FOREX-Dollar gains extend ahead of US jobs reading
SINGAPORE, Jan 10 (Reuters) - The dollar looked set to extend its longest weekly winning streak in over a year on Friday, underpinned by rising bond yields and expectations of another strong set of U.S. jobs numbers.
Jan 10, 2025
Kinder Morgan shuts two Los Angeles fuel pipelines due to power outages
Jan 9 (Reuters) - Pipeline operator Kinder Morgan Inc KMI.N said that two of its fuel pipelines in Los Angeles have been shut since Jan. 8 due to power outages, as the most destructive wildfires in the city's history continued to burn uncontained on Thursday.
Jan 10, 2025
Kamala Harris cancels foreign trip due to California wildfires
Adds quote from White House statement and details in paragraphs 2-6By Kanishka Singh and Jasper Ward WASHINGTON, Jan 9 (Reuters) - U.S. Vice President Kamala Harris canceled her upcoming trip to Singapore, Bahrain and Germany due to the ongoing wildfires in California, the White House said on Thu
Jan 10, 2025
UPDATE 7-Oil settles up 1% as cold weather in US, Europe drives winter fuel demand
Cold weather drives winter fuel demand, buoying crude pricesUltra-low sulfur diesel futures trades at three-month highBrent futures market structure indicates tighter market Biden to announce new sanctions targeting Russia's economyUpdates with settlement pricesBy Georgina McCartney HOUSTON, Jan ...
Jan 9, 2025
CORRECTED-UPDATE 7-US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military
In paragraph 9, removes stock symbol from Autel Robotics which was erroneously identified with the symbol of its prior parent firm Autel GroupTencent's HK shares fall 7%, CATL drops 5%, COSCO down 4%Tencent, CATL deny military ties, call designations mistakesList is part of US efforts to restrict Ch...
Jan 9, 2025
US hiring announcements in 2024 lowest in nine years
WASHINGTON, Jan 9 (Reuters) - Hiring announcements by U.S. employers last year were the lowest since 2015, a report showed on Thursday, confirming a sharp moderation in job growth over that period.
Jan 9, 2025
Musk to host German far-right leader on X, stirs angst about election meddling
BERLIN, Jan 9 (Reuters) - Elon Musk will host the leader of the far-right Alternative for Germany (AfD) on X on Thursday, stoking concerns in Berlin and Brussels about possible meddling by the U.S. billionaire in campaigning for Germany's Feb. 23 national election.
Jan 9, 2025
Gold hits four-week peak on safe-haven demand
Jan 9 (Reuters) - Gold prices rose to a near four-week high on Thursday, supported by safe-haven demand, while investors weighed how U.S. President-elect Donald Trump's policies would impact the economy and inflation.
Jan 9, 2025
RPT-COLUMN-Fed can soothe Trump or Treasuries, not both: Mike Dolan
Repeats column published earlier on ThursdayBy Mike Dolan LONDON, Jan 9 (Reuters) - Extreme bond market agitation has put the Federal Reserve in a bind. It can either cool long-term inflation fears or acquiesce to President-elect Donald Trump's complaints about interest rates being "far too high....
Jan 9, 2025
UPDATE 2-China's EV exports seen stalling in 2025
China's auto exports to slow, EV exports to see no growthEU tariffs and Russia shipment drop impact export growthDomestic market sees record EV sales amid price war, subsidiesSales of EVs, plug-in hybrids seen headed for weakest growth since 2021Recasts with export estimates BEIJING, Jan 9 (Reute...
Jan 9, 2025
ASIA COFFEE-Domestic prices up slightly in Vietnam, post-holiday trade sluggish
Vietnam coffee prices edged up this week as supplies from the 2024/25 crop remained limited, with post-holiday trade still sluggish, traders said on Thursday.
Jan 9, 2025
PRECIOUS-Gold firms; focus on US data for cues on Fed's policy path
US non-farm payrolls report due on FridayGold ETFs log first inflow in four years - WGCGold's upward momentum may carry it higher in early 2025 - HSBCUpdates with mid-session tradingBy Rahul Paswan Jan 9 (Reuters) - Gold prices hovered near a four-week peak on Thursday, while focus shifted to job...
Jan 9, 2025
German industrial output rises more than expected in November
Jan 9 (Reuters) - German industrial production rose in November by 1.5% compared to the previous month, the federal statistics office said on Thursday.
Jan 9, 2025
Japan's Nikkei ends lower as investors book profits; chip-related shares weigh
TOKYO, Jan 9 (Reuters) - Japan's Nikkei share average closed lower on Thursday as investors sold stocks to book profits after a recent rally, with chip-related shares dragging on the index the most.
Jan 9, 2025
China's consumer prices stall in 2024 on feeble demand
BEIJING, Jan 9 (Reuters) - China's consumer prices barely rose in 2024 while factory-gate prices extended into a second straight year of declines, official data showed on Thursday, weighed by persistently weak domestic demand.
Jan 9, 2025
Foreigners turn net sellers of Japanese stocks, lock in 2024 gains
Jan 9 (Reuters) - Foreign investors net sold Japanese stocks in the week ended Jan. 4, taking advantage of 2024 gains while aiming to reduce risks amid an unusually long market closure.
Jan 9, 2025
China's Tencent recovers from 4-month low as co repurchases shares
** Shares of Tencent 0700.HK climb 2.7% to HK$379, after hitting a four-month low earlier in the day ** Stock on course to snap a six-session decline, and is the fifth-biggest pct gainer in Hang Seng Tech Index .HSTECH, which is up 0.5% ** Stock recoups losses after slipping 1.1% to HK$365, the lowe
Jan 9, 2025
Japan's Nikkei falls as investors book profits, chip-related shares weigh
TOKYO, Jan 9 (Reuters) - Japan's Nikkei share average fell on Thursday as investors sold stocks to book profits from a recent rally, with chip-related shares dragging on the index the most.The Nikkei .N225 had fallen 0.76% to 39,678.93 by the midday break, while the broader Topix .TOPX was down 0.77
Jan 9, 2025
California power outages swell to 400,000 as fires multiply
Updates with latest details from paragraph 2-5 Jan 8 (Reuters) - The number of California homes and businesses without electricity ballooned to more than 400,000 on Wednesday, as multiple wildfires raged uncontrollably around Los Angeles.Fires that started on Tuesday have killed at least five peo
Jan 9, 2025
