News
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Samsung's preliminary Q4 profit falls far short of estimates as chip issues drag
SEOUL, Jan 8 (Reuters) - Samsung Electronics' 005930.KS preliminary fourth-quarter operating profit missed estimates by a large margin, with the South Korean tech giant hit hard by extra costs as it works towards providing high-end chips to Nvidia NVDA.O.Reuters
Wed, Jan 8
PRECIOUS-Gold inches up; attention turns to US jobs report
ADP employment numbers, Fed's Dec meeting minutes due on Wed U.S. nonfarm payrolls report due on FridaySoftness in U.S. data could open door for gains - analystChina added gold to its reserves for a second straight monthAdds comment and updates with mid-session tradingBy Rahul Paswan Jan 8 (Reute...Reuters
Wed, Jan 8
ADP Employment Change set to show US job growth slowing in December, Fed unlikely to alter plans
Financial markets slowly return from the winter holidays and the macroeconomic calendar starts to be packed. These days, the focus has been on the United States (US) and President-elect Donald Trump’s proposed tariffs.Apple still barred from selling iPhone 16 in Indonesia despite investment deal, minister says
Apple still cannot sell its iPhone 16 in Indonesia despite striking a deal to build a local production facility, as it has not met domestic content rules, the industry minister said on Wednesday.Reuters
Wed, Jan 8
Forex Today: US Dollar consolidates recovery gains ahead of key data, FOMC Minutes
Here is what you need to know on Wednesday, January 8: Following a bearish opening to the week, the US Dollar (USD) gathered strength against its rivals on Tuesday, supported by the upbeat macroeconomic data releases and the cautious market mood.Fxstreet
Wed, Jan 8
JGB yields hit multi-year highs tracking US peers
TOKYO, Jan 8 (Reuters) - Japanese government bond yields rose to multi-year highs on Wednesday, pulled by climbing U.S. Treasury yields after robust economic data pointed to a slower pace of interest rate easing by the Federal Reserve.Reuters
Wed, Jan 8
Ethereum Takes Early Q1 Lead Showing Post-Halving Strength – Will History Repeat?
After a lackluster 2024, Ethereum has started 2025 with a bang, surging over 13% since the year began. This impressive performance has reignited optimism among investors who are anticipating a bullish year for ETH and the broader altcoin market.Bitcoinist
Wed, Jan 8
Why Tesla, Broadcom, and Rivian Fell Today as Treasury Yields Shot Higher
Treasury yields continued to surge on sticky inflation data, dragging the market down today. Tech and artificial intelligence (AI) stocks bore the brunt of the sell-off, as the Nasdaq Composite fell nearly 2%, more than the other major market indexes.The Motley Fool
Wed, Jan 8
