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Oil prices set for weekly gain on China stimulus optimism
Dec 27 (Reuters) - Oil prices were little changed on Friday but were set for a weekly rise amid optimism economic stimulus efforts will prompt a recovery in China, the world's biggest oil importer.Brent crude futures LCOc1 fell 1 cent to $73.25 a barrel by 0145 GMT. U.S. West Texas Intermediate
Dec 27, 2024
FOREX-Yen hovers near 5-month low as BOJ's cautious stance weighs
By Kevin Buckland TOKYO, Dec 27 (Reuters) - The yen hovered near a five-month low to the dollar on Friday as the U.S. Federal Reserve's hawkish messaging contrasted with the Bank of Japan's cautious approach to further policy tightening.The yen traded at 157.725 per dollar JPY=EBS as of 0030 GMT,
Dec 27, 2024
China's Jan-Nov industrial profits fall 4.7% y/y
BEIJING, Dec 27 (Reuters) - Profits at China's industrial firms fell 4.7% in the first 11 months from the same period last year, official data showed on Friday.The fall extended a 4.3% decline in the January-October period, according to National Bureau of Statistics data.Industrial profit numbers co
Dec 27, 2024
UN chief says Israeli strikes in Yemen, including at airport, are alarming
The spokesperson of U.N. Secretary-General Antonio Guterres on Thursday condemned escalations between Israel and Yemen, saying Israel's airstrikes on Yemen's Sanaa International Airport, the Red Sea ports and power stations were alarming.
Dec 27, 2024
Healthcare cases to watch in Trump's second term
Dec 26 (Reuters) - When Republican President-elect Donald Trump takes office for the second time next year, he will inherit a slew of lawsuits challenging the Biden administration's healthcare policies.
Dec 26, 2024
US legal industry's China retreat gained steam in 2024
Dec 26 (Reuters) - Major U.S. law firms scaled back from Greater China's legal market at a rapid pace in 2024, highlighting an uncertain future for foreign firms in the world's second largest economy.
Dec 26, 2024
US STOCKS-Futures lower in holiday-thinned trading
Dec 26 (Reuters) - U.S. stock index futures were lower on Thursday in light trading volumes after the Christmas holiday, as investors took stock of their portfolios and looked for a boost for the final month of the year from the so-called Santa Claus rally.
Dec 26, 2024
Oil edges up on China stimulus hopes, US inventory drop
SINGAPORE/LONDON, Dec 26 (Reuters) - Oil edged higher on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, and supported by an industry report showing a decline in U.S. crude inventories.
Dec 26, 2024
China urges Philippines to return to 'peaceful development'
China's foreign ministry on Thursday urged the Philippines to return to "peaceful development", saying Manila's decision to deploy a U.S. medium-range missile system in military exercises would only bring the risks of an arms race in the region.
Dec 26, 2024
Oil prices inch up on hopes for more China stimulus
Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, while an anticipated decline in U.S. crude inventories also provided support.
Dec 26, 2024
Asian currencies struggle, stocks mostly lower amid Fed rate outlook concerns
Dec 26 (Reuters) - Emerging Asian currencies were mostly lower against a resilient dollar and stock markets weaker on Thursday, as investors continued to focus on the Federal Reserve's rate cut path in a holiday-thinned trading week.
Dec 26, 2024
Gold gains on weak dollar, geopolitical turmoil; Fed, Trump's 2025 policies in focus
Dec 26 (Reuters) - Gold gained on Thursday in light holiday trading, boosted by slight weakness in the U.S. dollar and geopolitical tensions, as investors eyed Federal Reserve's 2025 rate strategy and Donald Trump's tariff policies, which could shape the metal's trajectory next year.
Dec 26, 2024
EXPLAINER-South Korea's Constitutional Court to decide impeached president's fate
Updates Dec 14 explainerBy Joyce Lee SEOUL, Dec 26 (Reuters) - South Korea's Constitutional Court will hold its first hearing on Friday in the case of President Yoon Suk Yeol, after parliament impeached him over his short-lived martial law decree on Dec. 3.Here are key issues for South Korea's ro
Dec 26, 2024
PRECIOUS-Gold edges higher in holiday trade; eyes on Fed's 2025 plan
Dec 26 (Reuters) - Gold inched higher on Thursday in holiday-thinned trade, as investors focused on the U.S. Federal Reserve's interest rate strategy and anticipated tariff policies under President-elect Donald Trump, both of which could influence the metal's direction in the coming year.FUNDAMENTAL
Dec 26, 2024
Oil prices edge higher on hopes for more China stimulus
TOKYO, Dec 26 (Reuters) - Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, while an anticipated decline in U.S. crude inventories also provided support.
Dec 26, 2024
Biden, Trump send different Christmas messages
The outgoing and incoming U.S. presidents had different messages for the Christmas holiday, with Democrat Joe Biden urging Americans to reflect and unite and Republican Donald Trump offering a holiday greeting and a flurry of politically focused social media posts.
Dec 26, 2024
US to continue weapons surge to Ukraine after Russia's Christmas attack, Biden says
President Joe Biden said on Wednesday he asked the U.S. Defense Department to continue its surge of weapons deliveries to Ukraine after condemning Russia's Christmas Day attack against some of Ukraine's cities and its energy system.
Dec 26, 2024
DIARY-Federal Reserve Events
Federal Open Market Committee (FOMC) MEETING DATES.
Dec 25, 2024
UPDATE 1-Russia says it struck Ukrainian energy facilities that support military factories
MOSCOW, Dec 25 (Reuters) - The Russian Defence Ministry said on Wednesday it had conducted a "massive strike" on what it said were critical energy facilities in Ukraine that support the work of Kyiv's military-industrial complex.
Dec 25, 2024
UPDATE 1-Passenger plane crashes in Kazakhstan, emergencies ministry says
A passenger plane crashed near the city of Aktau in Kazakhstan on Wednesday and initial reports suggested there were survivors, the Central Asian country's Emergencies Ministry said in a statement.
Dec 25, 2024
