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Copper miners gain as red metal prices rise on short-covering
U.S.-listed shares of copper miners rise premarket, tracking higher prices of the red metal MET/LBenchmark copper CMCU3 on London Metal Exchange up 1.4% at $11,670 a metric tonCopper prices rise as some traders rolled forward positions ahead of a contract expiry this week, helping the market to set
Mon, Dec 15
Wall St futures edge higher at start of data-packed week
Futures up: Dow 0.48%, S&P 500 0.48%, Nasdaq 0.47% Dec 15 (Reuters) - U.S. stock index futures edged higher on Monday, steadying after a tech-led selloff gripped Wall Street late last week and as investors geared up for a week packed with key economic data that could determine the outlook for...
Mon, Dec 15
Vanke makes fresh bid to win support for bond payment as default risk looms
Vanke seeks to extend grace period in new proposal after bondholders reject payment extensionIts bonds tumble, shares slideVanke's financial trouble comes amid China's property crisis Dec 15 (Reuters) - China Vanke made a renewed effort to muster bondholder backing for an onshore debt rep...
Mon, Dec 15
China to fall out of Germany's top five export destinations for first time since 2010
BERLIN, Dec 15 (Reuters) - China will fall out of Germany's top five export destinations for the first time since 2010, dropping to seventh place as shipments decline 10% to 81 billion euros ($95.04 billion) this year, a government trade agency forecast on Monday.
Mon, Dec 15
China's economy stalls in November as calls grow for reform
Factory output, retail sales grow at weakest pace in over a yearData highlight weak domestic demand, record trade surplusPolicymakers face rising calls to reduce export relianceChina growth expected to remain weak in 2026By Joe Cash BEIJING, Dec 15 (Reuters) - China's factory output growth sl...
Mon, Dec 15
Tokyo Gas to steer more than half of overseas investments to US in next 3 years, CEO says
Tokyo Gas 9531.T, Japan's top city gas provider, plans to direct more than half of the 350 billion yen ($2.3 billion) it has earmarked for overseas investments over the next three years to the U.S. to drive growth, CEO Shinichi Sasayama said.
Mon, Dec 15
Imperial Oil issues fire alert at Sarnia, Ontario refinery
Dec 14 (Reuters) - Imperial Oil IMO.TO said on Sunday it had issued a fire alert at its 120,000 barrel-per-day refinery facility in Ontario, Canada.
Mon, Dec 15
METALS-Copper slumps after hitting record as tech bubble fears resurface
Dec 12 (Reuters) - Copper plunged more than 3% on Friday, after hitting a record high earlier in the session, as renewed fears of the AI bubble bursting sparked a broad sell-off of riskier assets.Benchmark three-month copper CMCU3 on the London Metal Exchange fell as much as 3.5% to $11,451.50 and w...
Fri, Dec 12
Silver miners rise tracking record high prices
U.S.-listed shares of silver miners rise premarket, as the white metal trades just shy of Thursday's record GOL/Spot silver XAG= up 0.8% at $64.06 per ounce after hitting a record $64.32 earlier in the session; heading for weekly gain of 9.3% Hecla Mining HL.N up ~3%, Coeur Mining CDE.N up 2.5%U...
Fri, Dec 12
Musk's Mars mission adds risk to red-hot SpaceX IPO
WASHINGTON, Dec 12 (Reuters) - Investors eyeing SpaceX's potential blockbuster IPO may need to brace themselves as CEO Elon Musk balances his risky quest to reach Mars with growing the revenue-rich Starlink satellite broadband business that would offer more reliable shareholder returns.
Fri, Dec 12
Nasdaq, S&P 500 futures slip as Broadcom outlook reignites AI bubble fears
Dec 12 (Reuters) - Futures tracking the S&P 500 and Nasdaq slid on Friday as chipmaker Broadcom's results sparked fresh worries about a potential artificial intelligence bubble, dampening investor optimism from a less hawkis...
Fri, Dec 12
US FDA brass pushed internally for speedier Lilly weight-loss pill verdict
Dec 12 (Reuters) - Leaders at the U.S. Food and Drug Administration have pressed internally for reviewers to speed up their evaluation of Eli Lilly's LLY.N experimental weight‑loss pill, after the company pushed for a faster timeline, documents seen by Reuters show.
Fri, Dec 12
Cannabis stocks surge on report Trump seeks to ease restrictions
Dec 12 (Reuters) - Shares of cannabis companies jumped on Friday after the Washington Post reported U.S. President Donald Trump is expected to push the government to dramatically loosen federal restrictions on marijuana.U.S.-listed shares of Tilray Brands TLRY.O gained 28%, while SNDL SNDL.O, Canopy
Fri, Dec 12
India frees up visas for Chinese professionals in key step to boost ties
India to issue Chinese business visas within a month -officialsCurbs cost an estimated $15 billion in lost electronics outputIndia reworks China ties amid U.S. tariffs to lure foreign investors By Nikunj Ohri and Shivangi Acharya NEW DELHI, Dec 12 (Reuters) - India has cut red tape to speed bus
Fri, Dec 12
Ignoring AI bubble fears, investors bet Nvidia and Google will fuel Taiwan stocks to record
Taiwan stocks likely to scale record peak despite AI bubble concerns Taiwan's supply chain would benefit from robust demand for chips from Nvidia as well as Google TSMC, Foxconn seen leading rally into 2026 By Faith Hung and Rae WeeTAIPEI/SINGAPORE, Dec 12 (Reuters) - Taiwan's tech-heavy s...
Fri, Dec 12
Gold clings to 7-week high as investors gauge Fed trajectory; silver near record peak
Silver hits record high at $64.31/oz on ThursdayWeekly jobless claims at 4-1/2-year highsAll metals headed for weekly gainsBy Ishaan Arora Dec 12 (Reuters) - Gold prices held near a seven-week high on Friday, supported by expectations of more interest rate cuts next year after the U.S. Federal Re
Fri, Dec 12
S&P 500 posts record closing high, US dollar and yields decline in wake of Fed
Major stock indexes mostly rose on Thursday, with the Dow and S&P 500 posting record closing highs, while the dollar and U.S. bond yields extended declines from the day before, when the Federal Reserve cut interest rates but gave a less hawkish outlook than expected.
Fri, Dec 12
Reddit files lawsuit against Australia's social media ban
Reddit RDDT.N on Friday filed a lawsuit in Australia's top court challenging the country's social media ban and will ask the court to overturn the company's inclusion in the law.
Fri, Dec 12
Brent should average $65/bbl in 2026, Barclays says
Brent crude oil is expected to average $65 per barrel next year, Barclays said on Thursday, while projecting a supply surplus for the year.
Fri, Dec 12
Dow, S&P 500 mark record closes; Oracle drags on the Nasdaq
Indexes: Dow rises 1.34%, S&P 500 adds 0.21%, Nasdaq falls 0.25%Oracle update drags down some tech, AI stocksValue outperforms growth, small outperforms largeBy Sinéad Carew and Johann M Cherian Dec 11 (Reuters) - The S&P 500 and the Dow boasted record closing highs on Thursday after a Fe...
Fri, Dec 12
