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Australia, NZ dollars firm but face resistance at 2025 highs
The Australian and New Zealand dollars edged higher on Monday, with the U.S. dollar under broad pressure in the face of a stronger euro, although the two currencies still face heavy resistance at their 2025 highs.
Feb 24, 2025

Alibaba to invest more than $52 billion in AI over next 3 years
Alibaba 9988.HK said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure over the next three years.
Feb 24, 2025

INDIA STOCKS-Indian benchmarks set to open lower on global demand, tariff woes
Indian benchmark stock indexes are set to open lower on Monday, tracking weakness in their global peers, after the U.S. equities tumbled in the previous session on concerns over softening consumer demand and tariff threats.
Feb 24, 2025

Trump administration eliminating 1,600 USAID jobs in the US
President Donald Trump’s administration said on Sunday it was placing all personnel at the foreign assistance agency USAID, except leaders and critical staff, on paid administrative leave and eliminating 1,600 positions in the United States.
Feb 24, 2025
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GLOBAL MARKETS-German stock futures, euro edge up on Merz win
SYDNEY, Feb 24 (Reuters) - European shares steadied on Monday as Germany's election produced no nasty surprise, while Wall Street futures firmed on hopes results from AI diva Nvidia this week would justify the tech sector's sky-high valuations.
Feb 24, 2025

Ahead of UN showdown on Ukraine, US urges countries to vote no on rival European bid for action
UN General Assembly to vote on two draft resolutions on UkraineRival texts pit U.S. against Ukraine and European allies UN Security Council also set to vote later on Monday on US textBy Michelle Nichols UNITED NATIONS, Feb 23 (Reuters) - The United States is urging the United Nations General Asse
Feb 24, 2025

Week Ahead-German vote, US PCE, central bank events lead
Feb 24 (Reuters) - The week ahead features an epoch-making German election result, the Federal Reserve's preferred U.S. inflation gauge, and a meeting of finance ministers and central bank governors from the Group of 20 major economies. Geopolitics and trade tensions will remain in focus.
Feb 24, 2025

Zelenskiy tells Germany's Merz he looks forward to working together to bring peace to Ukraine
Feb 24 (Reuters) - Ukraine's President Volodymyr Zelenskiy congratulated conservative leader Friedrich Merz on his party's win in Germany's parliamentary elections and said he was looking forward to working together to bring "real" peace to Ukraine. "I congratulate the CDU/CS...
Feb 24, 2025

[Reuters Analysis] Funds settle in to mega-bullish corn bets, maybe for the longer haul: Braun
The opinions expressed here are those of the author, a market analyst for Reuters.By Karen Braun NAPERVILLE, Illinois, Feb 23 (Reuters) - Whenever speculators build sizably bullish views in Chicago corn, they are not usually in a hurry to completely erase them.In the week ended February 18, money
Feb 24, 2025

Oil settles down $2, posting weekly loss as Mideast risk premium fades
Brent and WTI post weekly decline Analysts point to media reports on new coronavirus discovery Analysts view fading risk premium as Gaza ceasefire holdsUS crude stocks rose, gasoline and distillates decline, EIAU.S. energy firms add oil and natural gas rigs, Baker Hughes Kazakh oil output at record...
Feb 21, 2025

ANALYSIS-Ukraine's bond investors left reeling as ceasefire hopes sour
Trump’s Ukraine criticisms spooked investorsBonds have taken big hit after roaring rallyReconstruction prospects dim without strong peace dealRecasts Feb 20 story with scale of bond losses after early Friday movesBy Libby George and Marc Jones LONDON, Feb 21 (Reuters) - Ukrainian bond prices have...
Feb 21, 2025

US securities regulator to drop lawsuit against Coinbase, exchange says
Coinbase COIN.O said on Friday the U.S. securities regulator planned to withdraw its lawsuit against the crypto exchange, ending a contentious years-long legal battle once considered existential for the trading platform and the broader sector.
Feb 21, 2025

Musk's X gets German judge removed in battle over election data
Elon Musk-owned X has secured a German court motion to remove a judge overseeing a legal battle between the social media giant and two activist groups over sharing election data, a court document seen by Reuters on Friday showed.
Feb 21, 2025

Rivian to recall over 17,000 vehicles in US over headlight issue
Feb 21 (Reuters) - Rivian RIVN.O said on Friday it is recalling 17,260 vehicles in the U.S. due to a headlight issue that could reduce visibility and increase the risk of a crash.
Feb 21, 2025

Euro zone bond yields fall on weak French data, set for weekly rise
LONDON, Feb 21 (Reuters) - Euro zone bond yields fell on Friday after French survey data pointed to a worse-than-expected outlook for the economy, potentially bolstering the case for deeper interest rate cuts by the European Central Bank.
Feb 21, 2025

[Reuters Analysis] Why Trump has thrown VAT into the trade stand-off
BRUSSELS, Feb 21 (Reuters) - U.S. President Donald Trump says value-added taxes carry a lot of blame for America's near trillion dollar trade deficit with the rest of the world. The 170-plus countries who charge VAT - including top U.S. trade partners in Europe - insist they have no impact.
Feb 21, 2025

Chinese universities launch DeepSeek courses to capitalise on AI boom
HONG KONG, Feb 21 (Reuters) - Universities across China have launched artificial intelligence (AI) courses this month based on Chinese AI startup DeepSeek, whose AI breakthrough has been described as a "Sputnik moment" for China and garnered widespread attention.The move comes as Chinese aut...
Feb 21, 2025

Europe before the bell: modest open awaits, STOXX to stay at record
European futures are hinting at modest rises at the open, and while the STOXX 600 looks set to break eight weeks of straight gains this week, it is likely to remain at a record high.
EuroSTOXX50 STXEc1 futures are up 0.2%, while FTSE futures FFIc1 are off 0.1% and DAX futures FDXc1 are ticking 0.1%
Feb 21, 2025

Sterling edges up after stronger UK retail sales
LONDON, Feb 21 (Reuters) - The pound edged up on Friday after data showed UK consumer spending picked up much more sharply than expected in January, but was weaker in the key shopping month of December than initially thought.British retail sales rose by 1.7% in January, figures from the Office for N
Feb 21, 2025

Dollar near year-to-date lows as bulls get nervous; yen retreats from high
Yen breaks below 150 on Japan CPI before retreating
Sterling, Australian and New Zealand dollars at year-to-date highs
Euro firm ahead of German election
Feb 21, 2025



