News
Important Only
Fed policymakers judged 'ample' levels of reserves warranted bill-buying -minutes
Dec 30 (Reuters) - The Federal Reserve's decision earlier this month to start buying short-dated government bonds came after a recommendation from staff to do so and a judgment by policymakers that the level of reserves had fallen to a targeted "ample" range, minutes of the central bank&...Reuters
Wed, Dec 31
Wall Street closes slightly lower near the end of a banner year; gold rebounds
Fed minutes reveal deep divisions, nuanced debate regarding monetary policyEuropean shares set fresh all-time closing highSilver, gold find footing after startling slump Oil muted as Ukraine peace hopes fade, Middle East tensions flareBy Stephen Culp NEW YORK, Dec 30 (Reuters) - U.S. stocks slumpReuters
Wed, Dec 31
Warner Bros likely to reject Paramount's latest hostile bid, source says
By Dawn Chmielewski Dec 30 (Reuters) - Warner Bros Discovery WBD.O will likely reject Paramount Skydance's PSKY.O amended $108.4 billion hostile bid for the storied Hollywood studio despite a personal guarantee from billionaire Larry Ellison backing the media giant's offer, according ...Reuters
Wed, Dec 31
Ukraine drone attack damages port, gas pipeline in Tuapse, Russia says
Dec 31 (Reuters) - A Ukrainian drone attack damaged port infrastructure and a gas pipeline in a residential area in Russia's Black Sea port of Tuapse, the regional administration said on Wednesday, adding no injuries were reported.Emergency crews were dispatched to repair the damage, the operati...Reuters
Wed, Dec 31
Oil flat as Russia-Ukraine peace hopes fade, Yemen tensions rise
Russia-Ukraine peace talks face setbacks, impacting oil pricesMiddle East tensions rise with Saudi airstrikes in YemenGlobal oil market oversupply may limit price increasesBy Georgina McCartney HOUSTON, Dec 30 (Reuters) - Oil was steady after a choppy session on Tuesday as investors weighed d...Reuters
Tue, Dec 30
Meta to buy Chinese founded startup Manus to boost advanced AI
Manus valued at $2 billion to $3 billion, source saysMeta to integrate Manus into its products, including Meta AIManus raised $75 million this year, led by Benchmark Dec 30 (Reuters) - Meta META.O said on Monday it would acquire Chinese-founded artificial intelligence startup Manus, as the techno...Reuters
Tue, Dec 30
Stocks ease, but eye double-digit gains in 2025 on AI-driven inflows
KOSPI on track for best year since 1999Thai baht up 0.3%Ringgit eyes best year since 2017By Rajasik Mukherjee Dec 30 (Reuters) - Asian stocks pulled back slightly on Tuesday as investors held off big bets at the end of 2025, though most of them remained on track for robust double-digit annual gai...Reuters
Tue, Dec 30
Chicago wheat falls as traders assess Ukraine peace talks developments
BEIJING, Dec 30 (Reuters) - Chicago wheat futures slipped for a third straight session on Tuesday, as traders assessed developments surrounding the Ukraine peace talks and abundant global supplies kept the market under pressure.Corn prices remained steady in light trading, while soybeans posted slig...Reuters
Tue, Dec 30
Gold rebounds as safe-haven flows support demand
Gold price (XAU/USD) edges higher above $4,350 during the Asian trading hours on Tuesday. The precious metal recovers some lost ground after falling 4.5% in the previous session, which was gold's largest single-day loss since October.
Fxstreet
Tue, Dec 30
Stocks poised for strong end to year; silver, gold stabilise after sharp slump
Asian shares steadied on Tuesday as investors counted bumper gains heading into year-end trade, while silver and gold found their footing after a sharp pullback from record highs took some froth off the precious metals' searing rally.Reuters
Tue, Dec 30
Novo and Lilly cut prices of weight-loss drugs in China
Dec 29 (Reuters) - Novo Nordisk NOVOb.CO and Eli Lilly LLY.N are lowering prices of their top-selling obesity drugs Wegovy and Mounjaro in China, according to the Danish drugmaker and Chinese drug suppliers. Novo did not give details on the new prices, but media outlet Yicai reported earlier tha...Reuters
Tue, Dec 30
WRAPUP 5-Peace hopes dented as Russia says Ukraine tried to attack Putin residence
Russia says Ukraine attacked one of Putin's residencesUkraine denies accusation as fabrication to block peaceTrump says he was 'angry' when Putin told him about alleged attackUkraine says territorial issue remains unresolved MOSCOW/KYIV, Dec 29 (Reuters) - Russia accused Ukraine on Mo...Reuters
Tue, Dec 30
US allots at least $147 million per state for rural health in 2026
Dec 29 (Reuters) - The Trump administration will award between $147 million and $281 million to each U.S. state in 2026 under a new rural health transformation program aimed at improving access to care and the quality of services, a senior White House aide said on Monday.The initiative, authorized bReuters
Tue, Dec 30
SoftBank to buy DigitalBridge in $4 billion deal to bolster AI infrastructure push
DigitalBridge shares rise 10% after deal announcementCEO Marc Ganzi to continue leading DigitalBridge as a separate platformSoftBank aims to capitalize on AI demand surgeBy Akash SriramDec 29 (Reuters) - SoftBank Group 9984.T will acquire digital infrastructure investor DigitalBridge Group DBRG.N inReuters
Tue, Dec 30
Yen strengthens after BOJ minutes, markets gauge intervention odds
NEW YORK, Dec 29 (Reuters) - The yen strengthened on Monday in light holiday trading, on track for its fifth gain in six sessions as markets weighed the timing of additional interest rate hikes in Japan and the chances of intervention.
Reuters
Tue, Dec 30
Copper spikes to record near $13,000 before paring gains
By Eric Onstad LONDON, Dec 29 (Reuters) - Copper prices spiked on Monday to a record just shy of $13,000 a metric ton as the London market raced to catch up with gains in China and the U.S. while it was closed on Friday.LME copper has climbed by 41% this year, fuelled by worries about shortages aReuters
Tue, Dec 30
U.S. stocks close below record highs, world indexes set for double-digit 2025 gains
Precious metals tumble from record highs on Ukraine peace deal uncertaintyDollar stays under pressure on rate cut wagers Oil prices rise as Middle East tensions heat upBy Stephen Culp NEW YORK, Dec 29 (Reuters) - U.S. stocks dipped on Monday and gold tumbled from all-time highs at the top of a hReuters
Tue, Dec 30
Trump threatens to sue Fed's Powell, will announce replacement next month
PALM BEACH, Florida, Dec 29 (Reuters) - U.S. President Donald Trump on Monday renewed his threat to bring a lawsuit against Federal Reserve Chair Jerome Powell for what he called "gross incompetence" related to Powell's management of renovations at the Fed's Washington headquarters.S...Reuters
Tue, Dec 30
