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Trump vows unity in Capitol visit but no clear path for his agenda
Trump met Senate Republicans for a wide-ranging discussion Trump offers no decision on how Congress should pursue his agenda Republicans divided on single or dual bill approachSome envision "horse race" between Senate and House to see what works Recasts with fresh quotes from Trump, Thune and Hoeven...
Jan 9, 2025
GRAINS-Chicago soybeans dip on Trump tariff worries, Argentina weather
BEIJING, Jan 9 (Reuters) - Chicago soybean and corn futures slipped on Thursday, pressured by uncertainty over U.S. President-elect Donald Trump's tariff plans, rain forecasts for Argentina easing dryness concerns and a stronger dollar.Wheat rose, partly supported by South Korea's wheat purchase in
Jan 9, 2025
GLOBAL MARKETS-Bond selloff slows in Asia, stocks fall with eyes on UK gilts, US policy
Ten-year Treasury yields ease from multi-month highs in holiday-shortened sessionAnalysts point to UK economic woes, Trump uncertainty for bond routStocks sold into US holiday Thursday; crucial jobs report on Friday Changes dateline, adds Asia opening levelsBy Kevin Buckland and Chibuike Oguh TOK
Jan 9, 2025
Citi plans to donate undisclosed amount to Trump inauguration
Wall Street giant Citigroup C.N plans to contribute an as-yet undisclosed sum to President-elect Donald Trump's inauguration fund, according to a person familiar with the matter, joining fellow major lenders Bank of America BAC.N and Goldman Sachs GS.N.
Jan 9, 2025
METALS-Copper edges up on fund buying, capped by China tariff worries
Recasts with prices at 1700 GMTBy Eric Onstad LONDON, Jan 8 (Reuters) - Copper prices extended gains for a fifth session on Wednesday as some funds dipped into the market, but a strong dollar and uncertainty about potential tariffs on the world's biggest metals consumer China kept the rise in che...
Jan 8, 2025
Fed's Waller: More cuts likely though timing depends on inflation progress
WASHINGTON, Jan 8 (Reuters) - Inflation should continue falling in 2025 and allow the U.S. Federal Reserve to further reduce interest rates, though at an uncertain pace, Federal Reserve governor Christopher Waller said on Wednesday.
Jan 8, 2025
Oil trims gains on dollar strength, tight supplies provide support
Jan 8 (Reuters) - Oil prices trimmed earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of supplies from Russia and other OPEC members and a drop in U.S. crude stocks.
Jan 8, 2025
AMD To Invest $20 Million In ABSCI
Jan 8 (Reuters) - Absci Corp ABSI.O:ABSCI AND AMD ANNOUNCE COLLABORATION AND STRATEGIC INVESTMENT TO ACCELERATE THE FUTURE OF AI DRUG DISCOVERYABSCI CORP - AMD TO INVEST $20 MILLION IN ABSCI
Jan 8, 2025
United Natural Foods Announces Realignment Of Wholesale Business
Jan 8 (Reuters) - United Natural Foods Inc UNFI.N:UNITED NATURAL FOODS INC: RESTRUCTURES COMMERCIAL WHOLESALE ORGANIZATION INTO TWO PRODUCT-CENTERED DIVISIONSUNITED NATURAL FOODS ANNOUNCES REALIGNMENT OF WHOLESALE BUSINESSSource text: ID:nBwTN0TcaFurther company coverage: UNFI.N ((Reuters.Brief@thom...
Jan 8, 2025
German 10-year yield edges up to more than 5-month high
LONDON, Jan 8 (Reuters) - Germany's 10-year bund yield rose slightly on Wednesday to a more than five-month high, supported by accelerating euro zone inflation, elevated bond supply and strong U.S. data.
Jan 8, 2025
Dollar strengthens as solid US data pushes up bond yields
Dollar index ticks up on the back of higher yieldsDollar/yen within striking distance of 160Trump inauguration and U.S. labour data in focusUpdates with European morning tradeBy Tom Westbrook and Greta Rosen Fondahn SINGAPORE/GDANSK, Jan 8 (Reuters) - The dollar pushed higher for a second day on
Jan 8, 2025
Samsung's preliminary Q4 profit falls far short of estimates as chip issues drag
SEOUL, Jan 8 (Reuters) - Samsung Electronics' 005930.KS preliminary fourth-quarter operating profit missed estimates by a large margin, with the South Korean tech giant hit hard by extra costs as it works towards providing high-end chips to Nvidia NVDA.O.
Jan 8, 2025
PRECIOUS-Gold inches up; attention turns to US jobs report
ADP employment numbers, Fed's Dec meeting minutes due on Wed U.S. nonfarm payrolls report due on FridaySoftness in U.S. data could open door for gains - analystChina added gold to its reserves for a second straight monthAdds comment and updates with mid-session tradingBy Rahul Paswan Jan 8 (Reute...
Jan 8, 2025
Tariffied? Markets feeling the most pinch from Trump tariff risks
LONDON, Jan 8 (Reuters) - From China to Europe, Canada to Mexico, world markets are already reeling from Donald Trump's promise to jack up tariffs when he becomes U.S. president in less than two weeks.
Jan 8, 2025
Apple still barred from selling iPhone 16 in Indonesia despite investment deal, minister says
Apple still cannot sell its iPhone 16 in Indonesia despite striking a deal to build a local production facility, as it has not met domestic content rules, the industry minister said on Wednesday.
Jan 8, 2025
German industrial orders fall 5.4% in November
German industrial orders fell in November by 5.4% on the previous month on a seasonally and calendar adjusted basis, the federal statistics office said on Wednesday.
Jan 8, 2025
Strong dollar, rising yields hog the spotlight
The dollar stood tall on Wednesday boosted by elevated Treasury yields after strong U.S. data rekindled worries of a rebound in inflation, leaving European stocks staring at a weak open as traders brace for diverging policy paths.
Jan 8, 2025
JGB yields hit multi-year highs tracking US peers
TOKYO, Jan 8 (Reuters) - Japanese government bond yields rose to multi-year highs on Wednesday, pulled by climbing U.S. Treasury yields after robust economic data pointed to a slower pace of interest rate easing by the Federal Reserve.
Jan 8, 2025
FOREX-Dollar follows yields higher on solid US data
The dollar stood tall on Wednesday and the yen sagged close to levels that drew intervention last year after strong U.S. data drove a spike in yields and pared some bets on Federal Reserve rate cuts.
Jan 8, 2025
China expands consumer trade-in scheme to revive economic growth
BEIJING, Jan 8 (Reuters) - China added more home appliances to the list of products that can be used in its consumer trade-in scheme and will offer subsidies for additional digital goods this year, in an effort to revive demand in the sluggish household sector.
Jan 8, 2025
