News
Important Only
Other
Elon Musk wields chainsaw at conservative gathering, a gift from Argentina's Milei
Feb 20 (Reuters) - Elon Musk, the billionaire tasked with slashing U.S. federal government spending, took to the stage at a conservative conference outside Washington on Thursday with a gift from Argentina's libertarian President Javier Milei: a chainsaw."This is the chainsaw for bureaucracy...Reuters
Fri, Feb 21
Forex
Australia, NZ dlrs scale two-month highs, RBA hawkish on easing
By Wayne Cole SYDNEY, Feb 21 (Reuters) - The Australian and New Zealand dollars hovered near two-month highs on Friday as worries about a global trade war abated a little, while Australia's central bank sounded a hawkish tone on future rate cuts.Having eased for the first time in four years t...Reuters
Fri, Feb 21
Forex
BUZZ-COMMENT-USD/JPY through 150.00 as JGB yields march higher
Feb 21 (Reuters) - The prognosis for USD/JPY is a lower range going forward after it broke below 150.00 Thursday for the first time since December 2024. Retracements are to be expected but the ceiling looks to be lower now with many eyeing 152.00.Expectations of more Bank of Japan policy rate hikes ...Reuters
Fri, Feb 21
Stocks
BUZZ-Australia's Latitude Group gains on FY profit and dividend
** Shares of Latitude Group LFS.AX up 3.5% at A$1.19** Stock rises as much as 8.7% earlier in the day, hitting its highest level since June 13, 2023 ** Stock posts its biggest intraday gain since January 30, 2023** Lending business says it achieved FY24 statutory NPAT from continuing operations of A...Reuters
Fri, Feb 21
Other
Group of mostly Asian migrants deported from US arrive in Costa Rica
SAN JOSE, Feb 20 (Reuters) - Costa Rica's government received its first group of mostly Asian migrants deported from the United States on Thursday, part of a deal with Washington to temporarily house up to 200 deportees from other nations.The deportations are part of U.S. President Donald Trump&...Reuters
Fri, Feb 21
Stocks
Alibaba shares open at three year-high as quarterly revenue rebounds
December quarter revenue growth slightly beat expectations Alibaba's emergence as an AI leader in China has encouraged investors, helped boost Cloud unit growth International e-commerce division delivers 32% revenue growth Shares open 10% higher in Hong Kong,Reuters
Fri, Feb 21
Other
BlackRock resumes stewardship talks after reviewing new ESG guidance
Feb 20 (Reuters) - Top asset manager BlackRock BLK.N said on Thursday it had resumed stewardship engagements with companies after reviewing new guidance from the U.S. Securities and Exchange Commission.In a statement a BlackRock representative confirmed its temporary pause on the talks with compani...Reuters
Fri, Feb 21
Other
BRIEF-Solaris Energy Infrastructure Q4 Revenue Increases 28% TO $96 MILLION
Feb 20 (Reuters) - Solaris Energy Infrastructure Inc SEI.N:SOLARIS ENERGY INFRASTRUCTURE INC - Q4 2024 REVENUE INCREASES 28% SEQUENTIALLY TO $96 MILLIONSOLARIS ENERGY INFRASTRUCTURE INC - Q4 2024 TOTAL ADJUSTED EBITDA OF $37 MILLIONSOLARIS ENERGY INFRASTRUCTURE INC: CO EXPECTS Q1 2025 TOTAL ADJUSTE...Reuters
Fri, Feb 21
Stocks
RealReal Inc reports results for the quarter ended December 31 - Earnings Summary
RealReal Inc REAL.OQ reported a quarterly adjusted loss of 1 cent per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of seven analysts for the quarter was for a loss of 2 cents per share. Wall Street...Reuters
Fri, Feb 21
Commodities
Oil extends gains on strong US demand hopes, Russia supply concerns
By Yuka Obayashi TOKYO, Feb 21 (Reuters) - Oil prices extended gains on Friday, headed for a weekly increase, as falling inventories of U.S. gasoline and distillate raised expectations of solid demand while concerns over supply disruptions in Russia lent support.Brent LCOc1 futures climbed 16 cen...Reuters
Fri, Feb 21
Cryptocurrencies
Cardano’s ADA Grows Stronger as $0.01 Token Prepares to Flip Solana (SOL)
As Cardano (ADA) edges closer to a potential bullish breakout fueled by its partnership with tech giant Globant, a new player is capturing attention in the crypto market. Mutuum Finance (MUTM), currently priced at $0.01 during the opening phase of its presale, is rapidly gaining momentum as investors shift focus toward high-growth opportunities. With over […]Cryptopolitan
Fri, Feb 21
Other
BRIEF-Nine Entertainment Says Notes Announcement By Domain Holdings Referring To Proposal From CoStar
Feb 21 (Reuters) - Nine Entertainment NEC.AX:NOTES ANNOUNCEMENT BY DOMAIN HOLDINGS REFERRING TO PROPOSAL FROM COSTAR GROUPWILL CONSIDER PROPOSAL WITH FOCUS ON BEST INTERESTS OF NINE SHAREHOLDERSFurther company coverage: CSGP.OReuters
Fri, Feb 21
Other
PRESS DIGEST-Financial Times - February 21
Feb 21 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Regulation risks stifling UK push for clean energy, warns infrastructure adviser- UK consumers turn to saving as poor economic outlook ...Reuters
Fri, Feb 21
Commodities
BRIEF-Chevron Pasadena Texas, Refinery Reports Tank Spill
Feb 20 (Reuters) - Chevron Corp CVX.N:REPORTS TANK SPILL AT PASADENA TEXAS, REFINERY SAYS RE-ROUTED PRODUCT TO ALTERNATE TANK TO STOP THE RELEASESAYS USED VACUUM TRUCKS TO RECOVER SPILLED PRODUCT FROM THE SECONDARY CONTAINMENTREFINERY CAPACITY: 112,229 BARRELS PER DAYSOURCE: TEXAS COMMISSION ON ENVI...Reuters
Fri, Feb 21
Forex
Australian Dollar depreciates despite stronger Judo Bank PMI, Bullock’s cautious speech
The Australian Dollar declines as the US Dollar experiences a technical upward correction. Australia’s Judo Bank Manufacturing PMI increased to 50.6 in February, up from 50.2 in January. RBA's Bullock warned that an overly rapid or excessive monetary policy easing could hinder the disinflation proce
Fxstreet
Fri, Feb 21
Economic Indicator
RBNZ’s Conway: OCR forecasts indicate another 75 basis points (bps) easing
Reserve Bank of New Zealand (RBNZ) Chief Economist Paul Conway noted on Friday, “Official Cash Rate (OCR) forecasts indicate another 75 basis points (bps) easing.” Additional quotes New Zealand Dollar (NZD) drop will boost export revenues.
Fxstreet
Fri, Feb 21
Other
CIA chief can fire workers on diversity programs, argues US government
U.S. government says spy chiefs have power to terminateTen more intelligence officers join lawsuitOfficers' lawyer says they were fired for "non-national security concerns"By Jonathan Landay WASHINGTON, Feb 20 (Reuters) - The U.S. Justice Department on Thursday argued that a judge cou...Reuters
Fri, Feb 21
Other
South Korea to reach out to US more actively on Trump's trade policy
SEOUL, Feb 21 (Reuters) - South Korea's Acting President Choi Sang-mok on Friday ordered authorities to reach out to the U.S. more actively to indicate the government's position and seek cooperation over the trade policy of the administration of U.S. President Donald Trump. Choi also ordere...Reuters
Fri, Feb 21
