News
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Japan's Q3 GDP contraction worsens on weak capex; unlikely to sway BOJ on rate hike
Japan's economy contracted faster than initially estimated in the three months through September, primarily due to new data dragging down capital spending figures, though economists said the blip is not enough to sway the central bank.Reuters
Mon, Dec 8
Buy the Dip: 3 Best Cryptos to Invest in During Market Fear
Market fear has once again gripped the crypto sector, creating one of the most attractive dip-buying windows investors have seen in months. Leading cryptocurrencies such as Ripple’s XRP and Solana (SOL) remain close to their support levels, tempting traders who realize that moments of panic offer some of the best buying opportunities. Although the unconfirmed […]Cryptopolitan
Mon, Dec 8
Gold gains as Fed rate-cut optimism dents dollar
Dec 8 (Reuters) - Gold prices edged higher on Monday, as rising expectations of a U.S. Federal Reserve interest rate cut this week pressured the dollar.FUNDAMENTALSSpot gold XAU= was up 0.3% at $4,206.99 per ounce, as of 0118 GMT.U.S. gold futures GCcv1 for December delivery lost 0.2% to $4,236.30 p...Reuters
Mon, Dec 8
Soybeans slip to lowest since October on slow pace of Chinese buying
CANBERRA, Dec 8 (Reuters) - Chicago soybean futures fell below $11 for the first time since October on Monday amid speculation that China will not buy enough U.S. beans to sustain higher prices and after the U.S. government forecast an increase in U.S. soy planting.Wheat and corn futures also fell, ...Reuters
Mon, Dec 8
METALS-Copper hits record high after Citi lifts price outlook
Dec 5 (Reuters) - Copper jumped to a record high on Friday after Citi lifted its price outlook for the metal, while a weak dollar also provided support ahead of an expected U.S. rate cut next week.Benchmark three-month copper CMUCU3 on the London Metal Exchange was up 1.7% at $11,635 per metric ton ...Reuters
Fri, Dec 5
Russia will keep fighting if Ukraine refuses to settle the conflict, Kremlin says
MOSCOW, Dec 5 (Reuters) - Russia will continue its military operation in Ukraine if Kyiv refuses to negotiate a settlement, Kremlin spokesman Dmitry Peskov said on Friday, according to state news agency TASS.Reuters
Fri, Dec 5
Wall St futures steady as investors await key inflation report
Futures: Dow off 0.01, S&P 500 up 0.19%, Nasdaq up 0.40% Dec 5 (Reuters) - U.S. stock index futures were flat to slightly higher on Friday as investors waited for a delayed inflation report to see whether persistent price pressures would affect the Federal Reserve's policy path.The Commer...Reuters
Fri, Dec 5
Silver miners rise on weaker dollar, rate-cut hopes
U.S.-listed shares of silver miners rise premarket, tracking prices of white metal GOL/ Spot silver XAG= rose 1.9% to $58.19/ounce after touching record high of $58.98 on WednesdayPrices rise as strong inflows into exchange-traded funds, expectations of interest rate cuts, and weaker dollar boostedReuters
Fri, Dec 5
Amazon pays Italy 180 million euros to end tax, labour probe, sources say
ROME, Dec 5 (Reuters) - An Italian unit of e-commerce giant Amazon AMZN.O has paid compensation and scrapped a monitoring system for delivery staff, ending a probe into alleged tax fraud and illegal labour practices, sources with knowledge of the matter said on Friday. In July 2024 the group's l...
Reuters
Fri, Dec 5
China stocks snap three-day slide on domestic chip optimism
HONG KONG, Dec 5 (Reuters) - China stocks edged higher on Friday, snapping a three-day losing streak and reversing earlier losses in the week, as renewed optimism on domestic chipmakers boosted sentiment.The Shanghai Composite Index .SSEC closed up 0.7% to 3,902.81, marking its first daily gain afteReuters
Fri, Dec 5
Warner Bros Discovery jumps on Netflix takeover talks; Netflix dips
Warner Bros Discovery shares rise 4.3% premarket after reports Netflix in exclusive talks to buy co's assetsNFLX in exclusive talks to buy WBD's film and TV studios and streaming assets for $28/share, mostly in cashNetflix, which emerged as the top bidder, made a mostly cash offer, Reuters h...
Reuters
Fri, Dec 5
Tesla launches low-cost Model 3 variant in Europe
Tesla faces softening demand in Europe despite Model Y refreshesNew Model 3 variant priced at 37,970 euros in GermanyDefending European market share against cheaper Chinese rivalsDeliveries expected in first quarterBy Marie Mannes STOCKHOLM, Dec 5 (Reuters) - Tesla TSLA.O launched the new, lower-...Reuters
Fri, Dec 5
REFILE-SoftBank's Arm plans to set up chip training facility in South Korea
SEOUL, Dec 5 (Reuters) - South Korea's industry ministry and SoftBank's 9984.T chip unit, Arm Holdings, have signed an agreement to strengthen the country's semiconductor and Artificial Intelligence sectors, a presidential policy adviser said on Friday. The memorandum of understanding i...Reuters
Fri, Dec 5
