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UPDATE 1-Russia warns the United States on possible nuclear testing under Trump
Recasts headline and lead, adds quotes and context on nuclear testingMOSCOW, Dec 27 (Reuters) - Russia's arms control point man cautioned Donald Trump's incoming administration on Friday that Moscow was considering a whole range of possible steps on nuclear testing due to what it said was Trump's raReuters
Fri, Dec 27
Japanese Yen rises following Tokyo CPI inflation
The Japanese Yen (JPY) gains ground against the US Dollar (USD) on Friday. The USD/JPY pair pulls back from its recent gains as the Japanese Yen (JPY) strengthens following the release of Tokyo Consumer Price Index (CPI) inflation data.
Fxstreet
Fri, Dec 27
China's Nov industrial profits narrow decline but 2024 likely worst year in decades
BEIJING, Dec 27 (Reuters) - China's industrial profits fell at a slower clip in November, official data showed on Friday, but the annual decline in earnings this year is expected to be the worst in over two decades due to persistently soft domestic consumption.
Bitcoin Price Takes Another Hit: Bears Tighten Their Grip
Bitcoin price failed to surpass $100,000 and corrected gains. BTC is back below $96,500 and might revisit the $93,200 support zone. Bitcoin started a fresh decline from the $99,400 zone. The price is trading below $96,500 and the 100 hourly Simple moving average. There was a break below a connectingNewsBTC
Fri, Dec 27
METALS-Base metals mixed, copper supported by tight supply
By Violet Li and Mei Mei Chu SHANGHAI, Dec 27 (Reuters) - Base metal prices were mixed on Friday, moving within tight ranges with the strong dollar limiting gains, although copper found support from supply tightness in copper concentrate.The three-month copper on the London Metal Exchange (LME) CReuters
Fri, Dec 27
South Korea Sanctions 15 North Korean Hackers and One Entity Over Crypto Theft Operations
South Korea has announced sanctions against 15 individuals and one entity from North Korea involved in cybercrimes, including large-scale cryptocurrency heists. The move comes amid rising concerns about North Korea’s use of cyber operations to fund its weapons programs and evade international sanctiBitcoinist
Fri, Dec 27
Oil prices set for weekly gain on China stimulus optimism
Dec 27 (Reuters) - Oil prices were little changed on Friday but were set for a weekly rise amid optimism economic stimulus efforts will prompt a recovery in China, the world's biggest oil importer.Brent crude futures LCOc1 fell 1 cent to $73.25 a barrel by 0145 GMT. U.S. West Texas IntermediateReuters
Fri, Dec 27
FOREX-Yen hovers near 5-month low as BOJ's cautious stance weighs
By Kevin Buckland TOKYO, Dec 27 (Reuters) - The yen hovered near a five-month low to the dollar on Friday as the U.S. Federal Reserve's hawkish messaging contrasted with the Bank of Japan's cautious approach to further policy tightening.The yen traded at 157.725 per dollar JPY=EBS as of 0030 GMT,Reuters
Fri, Dec 27
China's Jan-Nov industrial profits fall 4.7% y/y
BEIJING, Dec 27 (Reuters) - Profits at China's industrial firms fell 4.7% in the first 11 months from the same period last year, official data showed on Friday.The fall extended a 4.3% decline in the January-October period, according to National Bureau of Statistics data.Industrial profit numbers coReuters
Fri, Dec 27
Wedbush lifts Apple price target by $25 banking on AI-driven growth
Wedbush raised its price target on Apple Inc (NASDAQ:AAPL) to $325 from $300 banking on transformative AI-driven iPhone upgrade cycle poised to fuel growth into 2025. The brokerage maintained its "outperform" rating, projecting Apple’s market cap to cross the $4 trillion mark.Investing.com
Fri, Dec 27
UN chief says Israeli strikes in Yemen, including at airport, are alarming
The spokesperson of U.N. Secretary-General Antonio Guterres on Thursday condemned escalations between Israel and Yemen, saying Israel's airstrikes on Yemen's Sanaa International Airport, the Red Sea ports and power stations were alarming.Reuters
Fri, Dec 27
