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China's Moore Threads rises on unveiling new AI chips
Shares of Chinese chip designer Moore Threads Technology 688795.SS, dubbed by analysts as "China's Nvidia", rise 4.2% to 692 yuan, set for the biggest one-day pct gain since Dec 11 after two straight session of fallThe Chinese graphics processing unit (GPU) chip designer on Saturday unve...
Reuters
Mon, Dec 22
Labubu blockbuster ambitions have an M&A solution
HONG KONG, Dec 22 (Reuters Breakingviews) - Labubu has a growth problem. Parent Pop Mart’s 9992.HK falling share price has upped the pressure to milk its toothy plush doll’s viral success. With a market value of $37 billion in early December, the company wants to imitate Walt Disn...
Reuters
Mon, Dec 22
Japan's Nikkei jumps on weaker yen, renewed AI optimism
TOKYO, Dec 22 (Reuters) - Japan's Nikkei share average jumped for a second day on Monday, buoyed by a weaker yen and renewed enthusiasm over artificial intelligence (AI) investments.The Nikkei 225 Index .N225 rose 1.8% to close at 50,402.39, after a 1% gain on Friday. The broad...
Reuters
Mon, Dec 22
Italy's antitrust fines Apple for alleged abuse of dominant position with App Store
MILAN, Dec 22 (Reuters) - Italy's competition authority said on Monday it had fined U.S tech giant Apple AAPL.O and two of its units 98.6 million euros ($115.53 million) over alleged abuse of dominant position for the distribution of mobile applications for iOS users.The regulator said the group...
Reuters
Mon, Dec 22
Japan's Nikkei jumps on weaker yen, renewed AI optimism
By Rocky Swift TOKYO, Dec 22 (Reuters) - Japan's Nikkei share average jumped for a second day on Monday, buoyed by a weaker yen and renewed enthusiasm over artificial intelligence (AI) investments.The Nikkei 225 Index .N225 soared 2% to 50,480.76 by the midday break, after a 1% gain on Friday...
Reuters
Mon, Dec 22
Japan eyes $7 trillion household savings pile for fresh bond demand
Retail JGB sales jump in 2025 to their highest since 2007Finance ministry expanding scope of retail bondsInvestment trusts for 30-year JGBs launched as yields surgedBy Makiko Yamazaki and Junko Fujita TOKYO, Dec 22 (Reuters) - Japan is looking to the country's $7 trillion household savings ho...
Reuters
Mon, Dec 22
Gold breaks $4,400 for first time on Fed rate-cut bets, silver hits new high
Gold hits all-time high of $4,400.29/0zSilver hits record high of $69.44/ozPlatinum hits over 17-year highPalladium hits near three-year highBy Sherin Elizabeth VargheseDec 22 (Reuters) - Gold jumped past the $4,400-per-ounce level for the first time on Monday, riding on growing expectations of furt
Reuters
Mon, Dec 22
Yen wallows near record lows on cautious BOJ stance despite intervention warnings
Japan officials say ready to "take appropriate actions" on yenYen sank to record low vs Swiss franc, near record low to euroYen bears emboldened by lack of hawkish signals from BOJ chiefBy Kevin Buckland TOKYO, Dec 22 (Reuters) - The yen languished near record lows to the euro and Swiss f...
USD/JPY
Reuters
Mon, Dec 22
Pressure mounts on Intel as political money hits the company
Intel’s stock rose 86% for the year after a rush of new money from the US government, Nvidia, and SoftBank, plus the hiring of a new CEO. But the company still entered 2026 without a single major outside customer for its foundry business, which continues to lose money. MorningStar analyst Brian Colello said Intel ended […]
Cryptopolitan
Mon, Dec 22
Microsoft shifts toward cloud and cross-platform plans, Xbox suffers
Xbox is slipping far behind PlayStation and Switch, and the numbers look worse each quarter. The platform has been hit with layoffs, studio closures, price jumps and weak console sales. Many people inside the industry now say the brand is dying. Laura Fryer said in June that Microsoft seems to have “no desire or literally […]
Cryptopolitan
Mon, Dec 22
OpenAI lifts its compute margin to 70% as it tries to reach profit
OpenAI’s compute margin is has hit 70%, according to The Information, which said the number rose from 52% at the end of 2024 and was roughly half of today’s level at the start of that same year. The rally comes while the company still reports no profit, even after being valued at $500 billion in […]
Cryptopolitan
Mon, Dec 22
Tariff reversal forces new political and economic questions
A fight over Trump’s tariffs is turning into a headache over money flow, and Kevin Hassett is the one spelling out how messy it could get. He warned that a Supreme Court ruling that kills the tariffs and forces refunds would cause what he called an “administrative problem,” since the government would need to return […]
Cryptopolitan
Mon, Dec 22
South Korea prepares second phase of CBDC pilot focused on subsidy payments
The Bank of Korea (BoK) is reportedly preparing to launch the second phase of its central bank digital currency (CBDC) pilot, with a key emphasis on testing the distribution of government subsidies through digital currency. The CBDC project ultimately aims to enhance fiscal efficiency by curbing misuse and slashing administrative costs. However, the broader pushback […]
Cryptopolitan
Mon, Dec 22
Stablecoins Get A Break? US Lawmakers Propose Tax Relief
Lawmakers in the US have put forward a discussion draft that would ease tax reporting for small stablecoin payments and let some crypto earners delay taxes on staking and mining rewards. Related Reading: Bitcoin’s Quantum Debate Heats Up As Adam Back Challenges Nic Carter According to reports, the p...
Bitcoinist
Mon, Dec 22
USD/JPY softens to near 157.50 amid Fed rate cut expectations
The USD/JPY pair loses ground to near 157.50 during the early Asian session on Monday. The prospect of further US Federal Reserve (Fed) interest rate cuts in 2026 weighs on the US Dollar (USD) against the Japanese Yen.
USD/JPY
Fxstreet
Mon, Dec 22
BREAKINGVIEWS-The Week in Breakingviews: What we learned in 2025
By Peter Thal Larsen LONDON, Dec 21 (Reuters Breakingviews) - Welcome back! At Breakingviews we prefer to look forward rather than back. But in this edition, the last of 2025, I’ll recap some of the key insights from the past 12 months. Thank you for reading. I hope you have a peaceful festive se...
Reuters
Mon, Dec 22
Nvidia up; US launches review of co's chip sales to China, sources say
Shares of chipmaker Nvidia NVDA.O up 1.5% at $176.72 premarketUS launches review that could result in the first shipments to China of NVDA's second-most powerful chips, Reuters reports, citing sourcesTrump had said earlier this month he would allow sales of co's H200 chips to China, with the...
Reuters
Fri, Dec 19
Russian leader Putin: Ready for talks to end the war in Ukraine
Russian leader Vladimir Putin said during European trading hours on Friday that United States (US) President Donald Trump is making efforts to end the war in Ukraine.
Fxstreet
Fri, Dec 19
ECB policymakers not yet ready to take rate cut off the table
Markets see steady rates in 2026Policymakers warn about large growth, inflation risksSome still see downside risks FRANKFURT, Dec 19 (Reuters) - European Central Bank policymakers warned on Friday about oversized risks around their latest economic projections, making the case for caution in setti
Reuters
Fri, Dec 19
CoreWeave to join US Department of Energy's Genesis mission, shares rise
Shares of cloud infrastructure firm CoreWeave CRWV.O up 5.9% at $71.75 premarketCRWV to join U.S. Department of Energy's Genesis MissionGenesis Mission aims to accelerate discovery science, strengthen national security, and advance U.S. energy innovation through AI and supercomputingCoreWeave to...
Reuters
Fri, Dec 19
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