News
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Australia won't curb 'green' aluminium exports to US to avoid tariff, says minister
By Kirsty Needham SYDNEY, Feb 12 (Reuters) - Australia's industry minister said on Wednesday the nation's plan to boost "green" aluminium exports would not be derailed by the threat of U.S. tariffs, saying American customers would only end up paying more for a product in global de...Reuters
Wed, Feb 12
Other
China's purchases of chipmaking equipment to decline in 2025, consultancy says
By Che Pan and Brenda Goh BEIJING/SHANGHAI, Feb 12 (Reuters) - China's purchases of chipmaking equipment are set to decline this year after three years of growth, as the industry grapples with overcapacity and faces greater constraints from U.S. sanctions, a consultancy said on Wednesday. Chi...Reuters
Wed, Feb 12
Cryptocurrencies
World Liberty Financial (WLFI) launches the Macro Strategy token reserve to support leading crypto projects
The Trump family's WLFI has unveiled the Macro Strategy reserve to support leading crypto projects like Bitcoin, Ethereum, and other cryptos at the forefront of reshaping global finance. The strategic token reserve will mark a significant milestone in WLFI’s journey.Cryptopolitan
Wed, Feb 12
Other
Russia says it rescues all 139 fishermen stranded on ice floe in Western Pacific sea
Recasts to say all 139 fishermen rescued in paragraphs 1-5Feb 12 (Reuters) - Russia's emergency services said on Wednesday that it had rescued all 139 fishermen stranded on an ice floe drifting in the Sea of Okhotsk in the Western Pacific.Earlier, the ministry said that about 300 were stranded a...Reuters
Wed, Feb 12
Other
BRIEF-Avance Gas Declares Distribution Of Co Shares, Return Of Capital Of $5.25 Per Share For Q4 2024
Feb 12 (Reuters) - Avance Gas Holding Ltd AGAS.OL:DECLARED A COMBINED DISTRIBUTION OF CO SHARES AND RETURN OF CAPITAL OF $5.25 PER SHARE FOR Q4 2024Source text: ID:nGNE3NVfcWFurther company coverage: AGAS.OLReuters
Wed, Feb 12
Commodities
BRIEF-JAPEX Executive: Hopes That U.S. Trump Administration's Energy Policy Will Support Freeport LNG's Expansion Plans
Feb 12 (Reuters) - Japan Petroleum Exploration Co Ltd 1662.T:JAPEX EXECUTIVE: PLANS TO USE CASH RAISED FROM RECENT SALE OF SHARES IN OTHER COMPANIES TO INVEST IN GROWTH SEGMENTS, INCLUDING U.S. MARKETJAPEX EXECUTIVE: HOPES THAT U.S. TRUMP ADMINISTRATION'S ENERGY POLICY WILL SUPPORT FREEPORT LNG&...Reuters
Wed, Feb 12
Other
CORRECTED-SoftBank posts third-quarter loss of $2.4 billion
Correct Vision Fund investment result in paragraph 3 to loss.TOKYO, Feb 12 (Reuters) - Japanese technology investor SoftBank Group 9984.T booked a net loss of 369.2 billion yen ($2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell.That compares to an LSE...Reuters
Wed, Feb 12
Other
BRIEF-Japan Display Inc - Strategic Investment In Oledworks, Global Leader In Multi-Stack Oled, And Partnership To Bring World-Leading Advanced Display Manufacturing To U.S
Feb 12 (Reuters) - Japan Display Inc 6740.T:JAPAN DISPLAY INC - STRATEGIC INVESTMENT IN OLEDWORKS, GLOBAL LEADER IN MULTI-STACK OLED, AND PARTNERSHIP TO BRING WORLD-LEADING ADVANCED DISPLAY MANUFACTURING TO U.SSource text: [ID:]Further company coverage: 6740.TReuters
Wed, Feb 12
Cryptocurrencies
Cardano gains unusual social media interest as Ethereum and Dogecoin falter
Santiment, an analytic platform, announced that Cardano had garnered massive social media interest compared to Ethereum and Dogecoin. The firm also highlighted that Bitcoin led the way, as usual, in terms of crypto discussions on X, Reddit, Telegram, 4Chan, Bitcointalk, and Farcaster.Cryptopolitan
Wed, Feb 12
Other
Trump threats should not be taken seriously, says Heidelberger Druck CEO
FRANKFURT, Feb 12 (Reuters) - Everything U.S. President Donald Trump says should not be taken seriously, said the CEO of German offset printing presses maker Heidelberger Druckmachinen in remarks published on Wednesday. "You can't take everything he says seriously, the president, he always p...Reuters
Wed, Feb 12
Stocks
BUZZ-Street View: Prolonged recovery ahead for Indian Pizza Hut operator
** Devyani International DEVY.NS, which operates KFC and Pizza Hut restaurants in India, falls 2.19% to 166 rupees** Co's Q3 profit before tax drops 12% y/y amid dip in same-store sales for Pizza Hut and KFC in a weak demand environmentWEAKEST SAME-STORE SALES AMONG PEERS; PIZZA HUT EXPANSION TO...Reuters
Wed, Feb 12
Stocks
BUZZ-India's oil & gas, energy indexes extend losing streak to fifth session
** India's Nifty Energy index .NIFTYENR and Nifty Oil & Gas .NIFOILGAS trade down 1.1% and 1.3%, respectively ** Both have dropped 5.7% and 4.9%, respectively, in the past four sessions amid a broader sell-off in markets, with the benchmark Nifty 50 .NSEI down 2.6% during the same period .BO...Reuters
Wed, Feb 12
Commodities
PRESS DIGEST- New York Times business news - February 12
Feb 12 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- Ford F.N CEO Jim Farley said on Tuesday that U.S. President Donald Trump's tariff and auto policies would raise cost and could...Reuters
Wed, Feb 12
Forex
FOREX-Dollar bulls take a breather ahead of US CPI
Dollar mostly retreats as traders await U.S. inflation dataFed Chair Powell sees no rush to cut interest ratesYen slips below 200-day moving averageUpdates prices to Asia afternoonBy Tom Westbrook SINGAPORE, Feb 12 (Reuters) - The dollar stepped back from a tariff-driven rally on Wednesday, as tr...Reuters
Wed, Feb 12
Other
PRESS DIGEST -Wall Street Journal - February 12
Feb 12 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - U.S. President Donald Trump's advisers and allies have examined whether it is possible to collapse the Federal Deposit Insurance Co...Reuters
Wed, Feb 12
Cryptocurrencies
zkLend gets hacked, hacker offered 10% bounty in return of 90% of the funds
Earlier today, money-market protocol zkLend faced an exploit and paused withdrawals on the protocol. In a recent X post, the zkLend team confirmed that the protocol had been hacked. The zkLend team left a message for the hacker via the Eth ZEND token deployer account, in which it urged the hacker to keep 10% of […]Cryptopolitan
Wed, Feb 12
Forex
Trump may dust off 1930 trade discrimination law to back reciprocal US tariffs
Section 338 precedes Most Favored Nation tariff systemLaw allows 50% tariffs for countries discriminating against US commerce Trump has favored tools that allow immediate tariffs in new termBy David Lawder WASHINGTON, Feb 12 (Reuters) - President Donald Trump is likely to dust off a 1930 trade la...Reuters
Wed, Feb 12
