News
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US seizes sanctioned oil tanker off coast of Venezuela, Trump says
Move is first known tanker seizure since US build-up beganSignals new effort to go after Venezuela's main revenue sourceImpact on global oil supply unclearBy Idrees Ali, Phil Stewart, Steve Holland and Marianna Parraga WASHINGTON, Dec 10 (Reuters) - The U.S. has seized a sanctioned oil tanker...Reuters
Thu, Dec 11
Copper extends gains after Fed lowers rates
BEIJING, Dec 11 (Reuters) - Copper prices pared some earlier gains but still traded higher for a second straight session on Thursday, after the U.S. Federal Reserve cut interest rates.The most-traded copper contract on the Shanghai Futures Exchange SCFcv1 climbed 0.51% to 92,130 yuan ($13,046.43) peReuters
Thu, Dec 11
Many UK firms say volatile pound triggered losses in 2025, need to hedge grows
LONDON, Dec 11 (Reuters) - Nearly half of UK businesses surveyed by FX and cash management solutions provider MillTech say that they have lost money due to a volatile pound and plan to hedge more of their currency risk, and for longer, a report released on Thursday showed.The report ...Reuters
Thu, Dec 11
Venezuela forced to double discount on oil to Asia due to flood of sanctioned crude
Oil buyers in Asia are demanding deep discounts on Venezuelan crude due to a flood of sanctioned oil from Russia and Iran on offer and to heightened risk of loading in the South American country as the U.S. boosts its military presence in the Caribbean, traders and other sources said.Reuters
Thu, Dec 11
Canadian Dollar makes fresh headway following another Fed rate cut
The Canadian Dollar (CAD) found fresh 11-week highs against the US Dollar (USD) on Wednesday. The Bank of Canada (BoC) held interest rates steady, while the Federal Reserve (Fed) delivered its third straight interest rate cut, propping up the Loonie and sending the Greenback lower.
Fxstreet
Thu, Dec 11
USD/JPY slumps to near 156.00 after Fed cuts rates
The USD/JPY pair tumbles to near 156.00 during the early Asian session on Thursday. The US Dollar (USD) weakens against the Japanese Yen (JPY) after the Federal Reserve (Fed) lowered interest rates in a widely expected move. The US weekly Initial Jobless Claims are due later on Thursday.
Fxstreet
Thu, Dec 11
US dollar tumbles after Fed cuts rates, Powell comments
The U.S. dollar fell against major peers including the euro, Swiss franc, and Japanese yen on Wednesday after the Federal Reserve lowered interest rates in a widely-expected move, but indicated it will likely pause its easing cycle at the next policy meeting in January.Reuters
Thu, Dec 11
US Stocks Rally After Fed Cuts Interest Rates. Netflix Falls 4%; Palantir Jumps 3%; Micron Rises 4.5%; EchoStar Soars 11%; GE Vernova Surges 16%
Wall Street ended higher on Wednesday, after the Federal Reserve cut interest rates by a quarter percentage point as expected and investors bet on further easing down the road even as the central bank signaled that it will put further cuts on pause for now.Tiger News
Thu, Dec 11
Musk hints at possible SpaceX IPO in X post after media reports
Dec 10 (Reuters) - Billionaire Elon Musk on Wednesday hinted at a possible SpaceX initial public offering in a social media exchange with Ars Technica space journalist Eric Berger, following reports of a possible listing of the rocket maker in 2026."As usual, Eric is accurate," Musk said, in...Reuters
Thu, Dec 11
Oil settles higher after US seizes tanker off Venezuela's coast
US seized oil tanker near Venezuela, officials saySeizure adds to concerns about immediate supplies, analysts sayUS Fed cuts interest rates by 25 basis pointsUS crude stocks fell less than expected last week, EIA data showsBy Shariq Khan NEW YORK, Dec 10 (Reuters) - Oil prices settled higher ...Reuters
Wed, Dec 10
WRAPUP 3-Divided Fed lowers rates, signals pause and one 2026 cut as growth rebounds
Fed reduces policy rate by quarter of a percentage pointThree policymakers dissent on policy decisionPolicymakers see one rate cut in 2026By Howard Schneider WASHINGTON, Dec 10 (Reuters) - The U.S. Federal Reserve cut interest rates on Wednesday in another divided vote, but signaled it will likel...Reuters
Wed, Dec 10
Oracle's OpenAI reliance faces scrutiny as debt-fueled AI buildout raises worries
Dec 9 (Reuters) - Months after Oracle's $400 billion-plus contract backlog ignited a stock-market frenzy, the enthusiasm has given way to doubts about its reliance on OpenAI and debt-fueled datacenter buildout, which will dominate its earnings on Wednesday.
Reuters
Wed, Dec 10
New Fed projections to reset economic outlook after volatile year
WASHINGTON, Dec 10 (Reuters) - Federal Reserve officials will issue new economic projections on Wednesday, an endpoint to a volatile year that saw a hoped-for "soft landing" from inflation morph into renewed price pressures due to rising tariffs, the supply of workers constrained by an immigration cReuters
Wed, Dec 10
How Chinese entities are already using Nvidia's powerful H200 AI chips
BEIJING, Dec 10 (Reuters) - U.S. President Donald Trump's move to allow exports to China of Nvidia's second-best artificial intelligence chip, the H200, will spur strong demand from the country's tech giants, research institutes, and its defence-industrial complex.
Reuters
Wed, Dec 10
ByteDance, Alibaba keen to order Nvidia H200 chips after Trump green light, sources say
BEIJING/SINGAPORE, Dec 10 (Reuters) - ByteDance and Alibaba 9988.HK have asked Nvidia NVDA.O about buying its powerful H200 AI chip after U.S. President Donald Trump said he would allow it to be exported to China, four people briefed on the matter told Reuters.
Reuters
Wed, Dec 10
Taiwan says US yet to announce details for Nvidia H200 chip charge
TAIPEI, Dec 10 (Reuters) - Taiwan's government said on Wednesday that the United States has not yet announced information such as the basis, targets or procedures for collecting the 25% charge for the sale of Nvidia's NVDA.O H200 chip to China. Taiwan's Office of Trade Negotiations, in a...Reuters
Wed, Dec 10
Airbus CEO says Boeing likely to win order race this year
PARIS, Dec 10 (Reuters) - Airbus AIR.PA CEO Guillaume Faury conceded likely defeat in the annual order race against Boeing BA.N on Wednesday, telling France Inter radio that it was possible Boeing would pull ahead for the first time in six years.Airbus remains ahead of its U.S. rival in deliveries a
Reuters
Wed, Dec 10
