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BREAKINGVIEWS-Davos presents elites with economic Rorschach Test
The authors are Reuters Breakingviews columnists. The opinions expressed are their own. Refiles to change the dateline.By Peter Thal Larsen and Una Galani DAVOS, Switzerland, Jan 27 (Reuters Breakingviews) - It’s become something of a cliché for delegates at the World Economic Forum’s annual meet...Reuters
Jan 27, 2025
MIDEAST STOCKS-Most Gulf markets in red amid US trade worries; Saudi gains
Jan 27 (Reuters) - Most major stock markets in the Gulf were subdued on Monday due to uncertainty surrounding U.S. trade policy, although the Saudi Arabian bourse bucked the trend, rising on strong gains from real estate companies.U.S. President Donald Trump reaffirmed his commitment to enforcing ta...Reuters
Jan 27, 2025
The No. 1 Reason to Claim Social Security at Age 62
If you know a little about Social Security, you may know that you can start collecting your benefits as early as age 62 and that you can delay starting to collect them for a long time. Thus, each of us has a decision to make at some point in our lives regarding when to start collecting Social Securi...The Motley Fool
Jan 27, 2025
China stocks fall as manufacturing activity slowdown curbs sentiment
Updates closing prices SHANGHAI, Jan 27 (Reuters) - China stocks fell on Monday, the last day before the Lunar New Year holiday, as a surprise contraction in manufacturing activity and lingering concerns about U.S. tariffs offset the optimism from government efforts to introduce long-term capital...Reuters
Jan 27, 2025
Nvidia Was One of the Largest Companies by Market Cap in 2024. Will It Continue to Succeed in 2025?
Nvidia (NASDAQ: NVDA), a leading semiconductor company, has seen its share price soar 500% over the past three years, pushing its market cap up to a staggering $3.6 trillion. While Apple was the largest company by market cap earlier this year, as I write this, Nvidia holds the spot.Nvidia's rise has...The Motley Fool
Jan 27, 2025
LIVE MARKETS-Before the bell: it's risk off in Europe
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comBEFORE THE BELL: IT'S RISK OFF IN EUROPE European shares were set for a sharply lower start on Monday as traders fretted over the ...Reuters
Jan 27, 2025
GRAPHIC-Take Five: Fed, ECB - and more from Trump
Updates with latest Trump comments, changes dateline from Friday, adds story links LONDON, Jan 27 (Reuters) - It's a big week ahead as the U.S. Federal Reserve, European Central Bank and Bank of Canada hold their first meetings of 2025.Into the mix go earnings from heavyweights including Appl...Reuters
Jan 27, 2025
Japan's Nikkei down nearly 1% as tech shares stumble
Updates for market closeBy Brigid Riley TOKYO, Jan 27 (Reuters) - Japan's Nikkei share average shed nearly 1% on Monday as technology stocks slumped following last week's rally, with investors sizing up the impact of a Chinese AI startup on U.S. tech dominance. The Nikkei .N225 clos...Reuters
Jan 27, 2025
South African rand weakens ahead of data-filled week
JOHANNESBURG, Jan 27 (Reuters) - South Africa's rand slipped on Monday, ahead of a week packed with domestic and international data releases, with eyes set on interest rate decisions from the Federal Reserve and the South African Reserve Bank (SARB). At 0657 GMT, the rand traded at 18.50 agains...Reuters
Jan 27, 2025
New independent board member
EQS Newswire / 27/01/2025 / 10:05 MSKSolidcore Resources plc (“Solidcore” or the “Company”) announces that Abdulmonem Mohammed Al-Murshidi has been appointed as an Independent Non-Executive Director effective 24 January 2025, bringing the Board to eight members, including six independent directors.“We are very pleased to welcome Mr Al-Murshidi to the Board. With over 12 years of proven leadership experience in mining and other industries in Oman, he brings a wealth of relevant expertise, strengthening the Board’s skill profile and its contribution to the Company’s ambitious growth strategy”, said Omar Bahram, Chair of the Company’s Board of Directors. Abdulmonem Mohammed Al-MurshidiMr Al-Murshidi has over 30 years’ experience in mining, oil & gas, manufacturing, and construction. He has served as the CEO of Oman Chromite Company, a publicly listed chrome mining company based in the Sultanate of Oman, since July 2022. As the CEO, he successfully restructured the company and increased production to five times its historical average, turning around the company’s financials.For seven years prior to this, he was the Deputy CEO of Vale Oman Pelletizing Plant, part of a joint venture between Brazilian mining corporation Vale (70%) and Oman Oil (30%), serving as a hub for raw iron ore storage and distribution across the Middle East, North Africa, and Asia. As the Deputy CEO, he directly managed activities across business development, corporate affairs, and health and safety.Before joining Vale Oman Pelletizing Plant in 2013, he held the position of General Manager at the Gulfstone Company, a manufacturer of agglomerated engineered stone, listed on the Muscat Security Market. Mr Al-Murshidi started his career in 1995 as a petroleum engineer. Abdulmonem holds a Bachelor’s degree in Mechanical Engineering from Sultan Qaboos University, Oman. Current directorships: Chairman of Gulf Alloys Company (2023-present), a manufacturer of low carbon ferrochrome located in Sohar Free Zone.Past directorships: Deputy Chairman of Gulf Stone Company (2022-2023), and Board Member at Sohar University Board of Trustees (2015-2020).There is no further information required to be disclosed under Rule MDR, appendix 1, section 6.2.5 – 6.2.6 of the AIX Market Disclosure Rules.About SolidcoreSolidcore Resources is a leading gold producer registered in AIFC, Kazakhstan, and listed on Astana International Exchange. Solidcore operates two producing gold mines and a major growth project in Kazakhstan.Enquiries Investor Relations Media Kirill Kuznetsov Alina Assanova +7 7172 47 66 55 (Kazakhstan) ir@solidcore-resources.com Yerkin Uderbay +7 7172 47 66 55 (Kazakhstan) media@solidcore-resources.kz FORWARD-LOOKING STATEMENTSThis release may include statements that are, or may be deemed to be, “forward-looking statements”. These forward-looking statements speak only as at the date of this release. These forward-looking statements can be identified by the use of forward-looking terminology, including the words “targets”, “believes”, “expects”, “aims”, “intends”, “will”, “may”, “anticipates”, “would”, “could” or “should” or similar expressions or, in each case their negative or other variations or by discussion of strategies, plans, objectives, goals, future events or intentions. These forward-looking statements all include matters that are not historical facts. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the company’s control that could cause the actual results, performance or achievements of the company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the company’s present and future business strategies and the environment in which the company will operate in the future. Forward-looking statements are not guarantees of future performance. There are many factors that could cause the company’s actual results, performance or achievements to differ materially from those expressed in such forward-looking statements. The company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.27/01/2025 Dissemination of a Marketing Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Jan 27, 2025
New independent board member
EQS Newswire / 27/01/2025 / 10:05 MSKSolidcore Resources plc (“Solidcore” or the “Company”) announces that Abdulmonem Mohammed Al-Murshidi has been appointed as an Independent Non-Executive Director effective 24 January 2025, bringing the Board to eight members, including six independent directors.“We are very pleased to welcome Mr Al-Murshidi to the Board. With over 12 years of proven leadership experience in mining and other industries in Oman, he brings a wealth of relevant expertise, strengthening the Board’s skill profile and its contribution to the Company’s ambitious growth strategy”, said Omar Bahram, Chair of the Company’s Board of Directors. Abdulmonem Mohammed Al-MurshidiMr Al-Murshidi has over 30 years’ experience in mining, oil & gas, manufacturing, and construction. He has served as the CEO of Oman Chromite Company, a publicly listed chrome mining company based in the Sultanate of Oman, since July 2022. As the CEO, he successfully restructured the company and increased production to five times its historical average, turning around the company’s financials.For seven years prior to this, he was the Deputy CEO of Vale Oman Pelletizing Plant, part of a joint venture between Brazilian mining corporation Vale (70%) and Oman Oil (30%), serving as a hub for raw iron ore storage and distribution across the Middle East, North Africa, and Asia. As the Deputy CEO, he directly managed activities across business development, corporate affairs, and health and safety.Before joining Vale Oman Pelletizing Plant in 2013, he held the position of General Manager at the Gulfstone Company, a manufacturer of agglomerated engineered stone, listed on the Muscat Security Market. Mr Al-Murshidi started his career in 1995 as a petroleum engineer. Abdulmonem holds a Bachelor’s degree in Mechanical Engineering from Sultan Qaboos University, Oman. Current directorships: Chairman of Gulf Alloys Company (2023-present), a manufacturer of low carbon ferrochrome located in Sohar Free Zone.Past directorships: Deputy Chairman of Gulf Stone Company (2022-2023), and Board Member at Sohar University Board of Trustees (2015-2020).There is no further information required to be disclosed under Rule MDR, appendix 1, section 6.2.5 – 6.2.6 of the AIX Market Disclosure Rules.About SolidcoreSolidcore Resources is a leading gold producer registered in AIFC, Kazakhstan, and listed on Astana International Exchange. Solidcore operates two producing gold mines and a major growth project in Kazakhstan.Enquiries Investor Relations Media Kirill Kuznetsov Alina Assanova +7 7172 47 66 55 (Kazakhstan) ir@solidcore-resources.com Yerkin Uderbay +7 7172 47 66 55 (Kazakhstan) media@solidcore-resources.kz FORWARD-LOOKING STATEMENTSThis release may include statements that are, or may be deemed to be, “forward-looking statements”. These forward-looking statements speak only as at the date of this release. These forward-looking statements can be identified by the use of forward-looking terminology, including the words “targets”, “believes”, “expects”, “aims”, “intends”, “will”, “may”, “anticipates”, “would”, “could” or “should” or similar expressions or, in each case their negative or other variations or by discussion of strategies, plans, objectives, goals, future events or intentions. These forward-looking statements all include matters that are not historical facts. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the company’s control that could cause the actual results, performance or achievements of the company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the company’s present and future business strategies and the environment in which the company will operate in the future. Forward-looking statements are not guarantees of future performance. There are many factors that could cause the company’s actual results, performance or achievements to differ materially from those expressed in such forward-looking statements. The company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.27/01/2025 Dissemination of a Marketing Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Jan 27, 2025
GLOBAL MARKETS-Asia equities slide with US stock futures on China's AI push; dollar firms
China startup DeepSeek's rival to ChatGPT puts tech valuations in questionPresident Trump's deportation spat with Colombia supports dollar as tariffs threatenedFed, ECB meetings loom in week with many Asian bourses shut for lunar new yearCrude oil slides after Trump reiterates call for OPEC ...Reuters
Jan 27, 2025
LIVE MARKETS-China's AI challenger puts investors on edge
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comCHINA'S AI CHALLENGER PUTS INVESTORS ON EDGEA look at the day ahead in European and global markets from Kevin BucklandFor two years...Reuters
Jan 27, 2025
South African Markets - Factors to watch on Jan 27
JOHANNESBURG, Jan 27 (Reuters) - The following scheduled economic events, equity and currency market moves may affect South African markets on Monday.ECONOMIC EVENTSForeigners' trading in South African bonds and equitiesSouth African Treasury bill auctionSOUTH AFRICAN MARKETSSouth Africa's r...Reuters
Jan 27, 2025
EMERGING MARKETS-Asian currencies weaken on Trump tariff worries, Fed policy in focus
Thai baht falls 0.4%Yuan down 0.4%; China Jan manufacturing activity hits 5-month lowTraders await Fed policy decisionBy Shivangi Lahiri and Himanshi Akhand Jan 27 (Reuters) - Thailand's baht slipped the most among broadly weaker Asian currencies on Monday as the dollar firmed on renewed wor...Reuters
Jan 27, 2025
EMERGING MARKETS-Asian currencies weaken on Trump tariff worries, Fed policy in focus
Thai baht falls 0.4%Yuan down 0.4%; China Jan manufacturing activity hits 5-month lowTraders await Fed policy decisionBy Shivangi Lahiri and Himanshi Akhand Jan 27 (Reuters) - Thailand's baht slipped the most among broadly weaker Asian currencies on Monday as the dollar firmed on renewed wor...Reuters
Jan 27, 2025
MORNING BID EUROPE-China's AI challenger puts investors on edge
A look at the day ahead in European and global markets from Kevin BucklandFor two years, investors and analysts have pondered what - if anything - could take some of the steam out of the AI stocks rally. China may have just come up with the answer.Futures in the tech-centric U.S. Nasdaq Composite in...Reuters
Jan 27, 2025
SoSoValue Donates $4.7 Million to 47T Foundation to Advance Crypto Innovation
SoSoValue Donates $4.7 Million to 47T Foundation to Advance Crypto InnovationNew York, USA - January 27, 2025 - (SeaPRwire) - SoSoValue has contributed $4.7 million to the 47T Foundation, a non-profit organization focused on driving the growth of the cryptocurrency industry and fostering technological innovation in the digital asset space. The donation comes at a time when cryptocurrency remains a focal point in policy discussions, with key figures, including U.S. leader Donald Trump, emphasizing its transformative potential. The 47T Foundation envisions a future where the global cryptocurrency market reaches $47 trillion and is committed to making this goal a reality. SoSoValue's support underscores its confidence in this vision and its alignment with efforts to accelerate the adoption of blockchain and crypto technologies. The 47T Foundation will distribute $4.7 million worth of MAG7 index tokens (comprising the top 7 tokens in terms of market capitalization such as BTC, ETH, SOL, etc) donated by SoSoValue. These tokens have been donated by SoSoValue, creator of the SoSoValue Index. The first tranche, valued at $1 million, will be available for claim starting January 29, 2025 on the SoSoValue official website. Holders of $ETH, $AAVE, $LINK, $ONDO, and $ENA tokens can participate in the Season 1 airdrop, and individuals are in line to receive as much as $47,000.Further details about the airdrop and how to claim tokens can be found at [ssi.sosovalue.com/giveaway]. "Donald Trump is the first-ever 'Crypto President,' and we fully support his pro-crypto stance," said a spokesperson for the 47T Foundation. "This is going to be the catalyst that finally accelerates mass adoption after years of regulation by enforcement under the previous administration led to America falling behind the rest of the world."Trump's early belief in cryptocurrency's transformative power made him the first U.S. President to speak at a crypto conference, earned record-breaking donations from pro-crypto supporters, and led to bold actions like pardoning Silk Road founder Ross Ulbricht and proposing a U.S. strategic crypto reserve. His leadership marks a turning point, paving a bold new path for crypto mass adoption. This embrace of digital assets has garnered near-unanimous support from the industry. The Foundation believes this series of airdrops will help further catalyze adoption towards a global cryptocurrency market capitalization that exceeds $47 trillion, and is dedicated to accelerating the realization of this goal.The 47T Foundation invites everyone to join its vision of a dynamic future driven by blockchain innovation and community engagement. This airdrop, and the donation making it possible, is a testament to the Foundation's dedication to spreading the benefits of cryptocurrency and ensuring a brighter, decentralized tomorrow. This is reflected in the projects selected for the initial airdrop.About the 47T FoundationThe 47T Foundation is committed to driving the adoption and growth of blockchain technology by supporting believers, innovators, and builders in the cryptocurrency space. With a mission to reshape global finance and empower humanity, the Foundation envisions a thriving crypto industry reaching new heights, fostering innovation, and driving positive change.To learn more, visit: 47tfoundation.orgAbout SoSoValueSoSoValue is an AI-powered investment and research platform revolutionizing crypto investing. By seamlessly integrating the power of AI, the efficiency of centralized finance (CeFi) with the transparency of decentralized finance (DeFi), SoSoValue leverages advanced technology to provide investors with actionable insights and streamline portfolio management for sustainable growth. The platform has attracted over 8 million users in just one year. Backed by $15 million in Series A funding, co-led by HSG and SmallSpark, SoSoValue aims to create a long-term accessible and equitable financial future for all.Social LinksWebsite: http://sosovalue.com/X: https://x.com/SoSoValueCryptoYouTube: https://www.youtube.com/@sosovalueTelegram: https://t.me/SoSoValueCommunityAndroid App: https://play.google.com/store/apps/details?id=com.sosovalue.appiOS App: https://apps.apple.com/us/app/sosovalue-crypto-tracker/id6739542818Media ContactJessie LoCo-founderjessie@sosovalue.com27/01/2025 Dissemination of a Marketing Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Jan 27, 2025
SoSoValue Donates $4.7 Million to 47T Foundation to Advance Crypto Innovation
SoSoValue Donates $4.7 Million to 47T Foundation to Advance Crypto InnovationNew York, USA - January 27, 2025 - (SeaPRwire) - SoSoValue has contributed $4.7 million to the 47T Foundation, a non-profit organization focused on driving the growth of the cryptocurrency industry and fostering technological innovation in the digital asset space. The donation comes at a time when cryptocurrency remains a focal point in policy discussions, with key figures, including U.S. leader Donald Trump, emphasizing its transformative potential. The 47T Foundation envisions a future where the global cryptocurrency market reaches $47 trillion and is committed to making this goal a reality. SoSoValue's support underscores its confidence in this vision and its alignment with efforts to accelerate the adoption of blockchain and crypto technologies. The 47T Foundation will distribute $4.7 million worth of MAG7 index tokens (comprising the top 7 tokens in terms of market capitalization such as BTC, ETH, SOL, etc) donated by SoSoValue. These tokens have been donated by SoSoValue, creator of the SoSoValue Index. The first tranche, valued at $1 million, will be available for claim starting January 29, 2025 on the SoSoValue official website. Holders of $ETH, $AAVE, $LINK, $ONDO, and $ENA tokens can participate in the Season 1 airdrop, and individuals are in line to receive as much as $47,000.Further details about the airdrop and how to claim tokens can be found at [ssi.sosovalue.com/giveaway]. "Donald Trump is the first-ever 'Crypto President,' and we fully support his pro-crypto stance," said a spokesperson for the 47T Foundation. "This is going to be the catalyst that finally accelerates mass adoption after years of regulation by enforcement under the previous administration led to America falling behind the rest of the world."Trump's early belief in cryptocurrency's transformative power made him the first U.S. President to speak at a crypto conference, earned record-breaking donations from pro-crypto supporters, and led to bold actions like pardoning Silk Road founder Ross Ulbricht and proposing a U.S. strategic crypto reserve. His leadership marks a turning point, paving a bold new path for crypto mass adoption. This embrace of digital assets has garnered near-unanimous support from the industry. The Foundation believes this series of airdrops will help further catalyze adoption towards a global cryptocurrency market capitalization that exceeds $47 trillion, and is dedicated to accelerating the realization of this goal.The 47T Foundation invites everyone to join its vision of a dynamic future driven by blockchain innovation and community engagement. This airdrop, and the donation making it possible, is a testament to the Foundation's dedication to spreading the benefits of cryptocurrency and ensuring a brighter, decentralized tomorrow. This is reflected in the projects selected for the initial airdrop.About the 47T FoundationThe 47T Foundation is committed to driving the adoption and growth of blockchain technology by supporting believers, innovators, and builders in the cryptocurrency space. With a mission to reshape global finance and empower humanity, the Foundation envisions a thriving crypto industry reaching new heights, fostering innovation, and driving positive change.To learn more, visit: 47tfoundation.orgAbout SoSoValueSoSoValue is an AI-powered investment and research platform revolutionizing crypto investing. By seamlessly integrating the power of AI, the efficiency of centralized finance (CeFi) with the transparency of decentralized finance (DeFi), SoSoValue leverages advanced technology to provide investors with actionable insights and streamline portfolio management for sustainable growth. The platform has attracted over 8 million users in just one year. Backed by $15 million in Series A funding, co-led by HSG and SmallSpark, SoSoValue aims to create a long-term accessible and equitable financial future for all.Social LinksWebsite: http://sosovalue.com/X: https://x.com/SoSoValueCryptoYouTube: https://www.youtube.com/@sosovalueTelegram: https://t.me/SoSoValueCommunityAndroid App: https://play.google.com/store/apps/details?id=com.sosovalue.appiOS App: https://apps.apple.com/us/app/sosovalue-crypto-tracker/id6739542818Media ContactJessie LoCo-founderjessie@sosovalue.com27/01/2025 Dissemination of a Marketing Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Jan 27, 2025
CORRECTED-GLOBAL MARKETS-Asia equities slide with US stock futures on China's AI push; dollar firms
Corrects to say US dollar-Colombian peso pair had yet to trade on Monday, not rose 1.2%, in paragraph 9China startup DeepSeek's rival to ChatGPT puts tech valuations in questionPresident Trump slaps levies on Colombia in deportation spat, lifting dollarFed, ECB meetings loom in week with many As...Reuters
Jan 27, 2025
