News
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South Korea's President Lee to visit Japan for a summit with PM Takaichi
By Heejin Kim SEOUL, Jan 9 (Reuters) - South Korean President Lee Jae Myung will visit Japan on January 13 and 14 for a summit with Japan's Prime Minister Sanae Takaichi, Lee's office said on Friday. Lee and Takaichi will hold the summit in Nara City on January 13, followed by a dinner, w...Reuters
Fri, Jan 9
Rio Tinto and Glencore hold buyout talks to create $207 billion mega-miner
One option is all-share buyout of Glencore by Rio TintoDeal would create world's biggest miner by market value, topping BHPRio Tinto's Australian shares fall as much as 6.4% in biggest intraday fall since 2022Miners have been racing to bulk up in copperBy Clara Denina and Scott Murdoch LO...Reuters
Fri, Jan 9
US border agent shoots and wounds two people in Portland
Incident follows fatal shooting in Minnesota a day earlierPolice chief urges people to remain calmMayor asks US agencies to halt operations pending investigationBy Kanishka Singh and Jasper Ward Jan 8 (Reuters) - A U.S. immigration agent shot and wounded a man and a woman in Portland, Oregon, aut...Reuters
Fri, Jan 9
Musk's xAI posts net quarterly loss of $1.46 billion, Bloomberg News reports
Jan 8 (Reuters) - Elon Musk’s artificial intelligence startup xAI reported a net loss of $1.46 billion for the September quarter, up from $1 billion in the first quarter, Bloomberg News reported on Thursday, citing internal documents. Reuters could not immediately verify the report.Reuters
Fri, Jan 9
Moody's analyst says $1.5 trillion Trump defense budget plan could widen deficits
NEW YORK, Jan 8 (Reuters) - U.S. President Donald Trump's proposed increase in defense spending for 2027 is unlikely to be offset by savings or revenues and would have a negative impact on already large U.S. fiscal deficits, said an analyst at Moody's Ratings.Trump said on Wednesday the ...Reuters
Fri, Jan 9
US oversight of Venezuela may last years, Trump tells NYT
Trump says 'only time will tell' how long US will maintain oversight of VenezuelaTrump tells NYT: 'I don't need international law.'Vows to rebuild Venezuela 'in a very profitable way'By Kanishka Singh and Akanksha Khushi WASHINGTON, Jan 8 (Reuters) - President Donald T...Reuters
Fri, Jan 9
Stocks mixed, yields rise ahead of US jobs data; defense shares climb
Oil prices rise as traders watch Venezuela developmentsEyes on US nonfarm payrolls; bets of two more Fed cuts remainS&P 500 ends near flatBy Caroline Valetkevitch NEW YORK, Jan 8 (Reuters) - Major stock indexes were mixed and Treasury yields rose on Thursday ahead of Friday's key U.S....Reuters
Fri, Jan 9
US refiner Marathon Petroleum says it will be bidding for Venezuelan crude oil
NEW YORK, Jan 8 (Reuters) - Marathon MPC.N is interested in bidding for Venezuelan crude oil,, the company told Reuters on Thursday, as the U.S. administration prepares to start raising imports of oil from the South American country after the ouster of its presi...Reuters
Fri, Jan 9
Chevron, Vitol, Trafigura vie to control Venezuelan oil exports, sources say
Companies competing to export up to 50 million bbl of oilMarketing of Venezuela's PDVSA own output also part of talks with US governmentTrading companies' capacity to secure tankers and trade cargoes exceeds that of others operating in VenezuelaBy Shariq Khan, Marianna Parraga and Dmitry Zhd...Reuters
Fri, Jan 9
Intel Stock Rises After Trump Touts "Very Successful" CEO, Applauds Government’s Investment
Intel shares rose 1% in extended trading on Thursday after President Donald Trump posted a flattering message on social media about the chipmaker and its CEO, and championed the government’s investment in the company.“I just finished a great meeting with the very successful Intel CEO, Lip-Bu Tan,” T
Tiger News
Fri, Jan 9
CORRECTED-M&A lawyers see 'bulging pipeline' for 2026 after deal-crazed year
By David Thomas Jan 7 (Reuters) - Law firms feasted on a near record year for mergers and acquisitions in 2025, including the most-ever transactions worth $10 billion or more, according to data released this week by the London Stock Exchange Group.As 2026 gets underway, dealmakers at top firms to...Reuters
Thu, Jan 8
Samsung forecasts profit to triple to record high as it rides AI boom
Samsung estimates 20 trln won in Q4 operating profit versus 6.5 trln won year earlier AI boom, tight supply boost prices for traditional memory chipsAnalysts see chip shortage persisting this yearBut soaring chip prices could hurt margins in mobile businessBy Heekyong Yang and Joyce Lee SEOUL, Ja...Reuters
Thu, Jan 8
Morgan Stanley Files For Ethereum ETF Amid Major Crypto Push
Wall Street behemoth Morgan Stanley is expanding its recent push into crypto Exchange-Traded Funds (ETFs) and has filed a registration statement for an Ethereum (ETH) Trust with the US Securities and Exchange Commission (SEC). Related Reading: South Korea Explores Crypto Account Freezing Measure ToBitcoinist
Thu, Jan 8
Nvidia requires full upfront payment for H200 chips in China, sources say
Nvidia NVDA.O is requiring full upfront payment from Chinese customers seeking its H200 artificial intelligence chips, hedging it against ongoing uncertainty over Beijing's approval of the shipments, said two people briefed on the matter.Reuters
Thu, Jan 8
Chevron in talks with US for expanded Venezuela oil license, sources say
Oil producer Chevron CVX.N is in talks with the U.S. government to expand a key license to operate in Venezuela so it can increase crude exports to its own refineries and sell to other buyers, four sources close to the negotiations said on Wednesday.Reuters
Thu, Jan 8
U.S. Big Banks Q4 Earnings Preview: Strong Q4 As Dealmaking Revival Lifts Earnings
The largest US banks are expected to report stronger fourth-quarter profits when earnings season begins next week, buoyed by a revival in investment banking activity and sustained strength in trading businesses, according to a Reuters analysis of analyst estimates and industry data.Tiger News
Thu, Jan 8
Did Morgan Stanley Orchestrate Bitcoin October Crash? Analysts Draw Correlations
Morgan Stanley’s filing for a Bitcoin (BTC) and Solana (SOL) exchange-traded fund (ETF), coupled with MSCI’s decision to retain digital asset companies in its index, has ignited a wave of speculation among analysts.NewsBTC
Thu, Jan 8
AI to boost copper demand 50% by 2040, but more mines needed to ensure supply, S&P says
Growth in the artificial intelligence and defense sectors will boost global copper demand 50% by 2040, but supplies are expected to fall short by more than 10 million metric tons annually without more recycling and mining, the consultancy S&P Global SPGI.N said on Thursday.Reuters
Thu, Jan 8
