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KKR to raise bid price for Fuji Soft, above Bain's offer, Nikkei reports
TOKYO, Feb 4 (Reuters) - U.S. private equity fund KKR KKR.N will raise its tender offer price for Fuji Soft 9749.T shares to 9,850 yen per share from 9,451 yen, above Bain Capital's rival offer of 9,600 yen, the Nikkei business daily reported on Tuesday.KKR will announce the latest change as ear...Reuters
Feb 4, 2025
Other
Tennis-Kvitova to make comeback this month after maternity break
Feb 4 (Reuters) - Two-time Wimbledon champion Petra Kvitova will return to action this month after a 15-month maternity break, with the Czech set to play in three tournaments in the United States.The 34-year-old had announced in January last year that she was expecting her first child with husband a...Reuters
Feb 4, 2025
Other
CBS turns over documents in FCC probe of then VP Harris' '60 Minutes' interview
Network spokesperson says documents handed overAgency chief has suggested he would release transcriptParamount seeks FCC approval Adds details, CBS comment, no immediate FCC comment; paragraphs 4-15By David Shepardson WASHINGTON, Feb 3 (Reuters) - Paramount's CBS News PARA.O has turned over d...Reuters
Feb 4, 2025
Stocks
BUZZ-Aussie tech stocks gain as Nasdaq futures jump
** Australia's technology sub-index .AXIJ gains 2.1% to 2,859.9 points; broader benchmark index .AXJO adds 0.4%** Local tech stocks rise tracking a 0.9% jump in futures of tech-heavy Nasdaq** Wall Street, which ended lower on Monday, recouped steep losses it faced earlier in the session as inves...Reuters
Feb 4, 2025
Forex
BUZZ-COMMENT-China may not devalue the yuan - merely liberate it
Feb 4 (Reuters) - Much has been said about China keeping its powder dry to deal with Trump's trade tariffs when they hit. The time has come, and one obvious way to counter the broad levy is to weaken the yuan; Beijing might just relax its grip instead.The People's Bank of China's USD/CNY...Reuters
Feb 4, 2025
Other
Malaysia PM says will build trade relations, not wait for U.S. tariffs
Adds details and background from paragraphs 2-5 KUALA LUMPUR, Feb 4 (Reuters) - Malaysia will actively build trade relations with other countries, such as China, Russia and Brazil, instead of waiting for the impact of potential U.S. trade tariffs, Prime Minister Anwar Ibrahim said on Tuesday. Anw...Reuters
Feb 4, 2025
Cryptocurrencies
Bitcoin 4-Hour RSI Hits Oversold Zone – Is A BTC Rebound Near?
Bitcoin (BTC) has had a volatile 24 hours, plunging from $99,500 to as low as $91,231 amid mounting concerns over impending US trade tariffs on Canada, Mexico, and China. However, some crypto analysts see this sharp decline as a buying opportunity, suggesting that BTC may be oversold and poised for ...NewsBTC
Feb 4, 2025
Other
US forms task force to battle antisemitism focusing on schools, campuses
Adds Health Department announcement of review into medical schoolsBy Julia Harte and Kanishka Singh Feb 3 (Reuters) - The U.S. Justice Department said it formed a multi-agency task force on Monday to fight antisemitism in schools and universities, while the Education Department announced it was i...Reuters
Feb 4, 2025
Cryptocurrencies
Ethereum Price Recovery Stalls at Resistance: Can Bulls Break Through?
Ethereum price started a recovery wave above the $2,500 zone. ETH is up nearly 10% and now faces a major resistance near $2,920. Ethereum started a decent upward move above the $2,500 support zone. The price is trading below $2,900 and the 100-hourly Simple Moving Average. There is a key bearish tre...NewsBTC
Feb 4, 2025
Stocks
Japan's Nikkei bounces as US tariff pause eases market concerns
Updates for midday market closeBy Brigid Riley TOKYO, Feb 4 (Reuters) - Japan's Nikkei share average rebounded on Tuesday as concerns around U.S. tariffs eased after President Donald Trump suspended his threat of steep tariffs on Mexico and Canada, helping battered automakers recover.The Nikk...Reuters
Feb 4, 2025
Stocks
BUZZ-Australia's Perenti gains on underground mining contract in US
** Perenti PRN.AX rises 2.5% to A$1.4100, highest since Jan. 15** Diversified mining services co says its underground mining business signed A$120 mln ($74.5 mln) contract with U.S.-based Nevada Gold Mines, a joint venture between Barrick Gold ABX.TO and Newmont Corporation NEM.N ** PRN's mining...Reuters
Feb 4, 2025
Other
Malaysia PM says will build trade relations, not wait for U.S. tariffs
KUALA LUMPUR, Feb 4 (Reuters) - Malaysia will actively build trade relations with other countries, such as China, Russia and Brazil, instead of waiting for the impact of potential U.S. trade tariffs, Prime Minister Anwar Ibrahim said on Tuesday. Anwar told parliament that waiting for U.S. tariffs wo...Reuters
Feb 4, 2025
Forex
BUZZ-COMMENT-USD/JPY ranges lower, Trump a risk but more downside?
Feb 4 (Reuters) - USD/JPY has recently ratcheted lower despite Trump tariff threats, falling on perceived haven flows and Bank of Japan rate hike expectations. While it remains in a 153.72-155.90 range for now (the Jan 27 low and Feb 3 high), the risk may be for more downside.USD/JPY looks to be tra...Reuters
Feb 4, 2025
Commodities
GRAINS-Corn rises for second session as Mexico, Canada tariffs on hold
Trump pauses tariffs on Mexico and Canada, but not ChinaEU keeps 2024/25 soft wheat crop estimate at 12-year lowAdds comment in paragraph 4 and updates pricesBy Naveen Thukral SINGAPORE, Feb 4 (Reuters) - Chicago corn futures gained more ground on Tuesday, as U.S. President Donald Trump paused hi...Reuters
Feb 4, 2025
Cryptocurrencies
Fraud Allegations Rock Shiba Inu: Lead Dev Under Fire
Shiba Inu’s prominent lead developer Shytoshi Kusama finds himself at the center of controversy following a barrage of accusations levied by the account @shibburn on X (formerly Twitter). The alleged improprieties—ranging from unauthorized project endorsements to misleading the community—have reigni...Bitcoinist
Feb 4, 2025
Other
OpenAI, Kakao to jointly develop AI products for South Korea
By Hyunjoo JinSEOUL, Feb 4 (Reuters) - ChatGPT creator OpenAI and South Korea's dominant chat app operator Kakao 035720.KS said on Tuesday they plan to form a strategic partnership in which they will develop AI products for the Korean market.Kakao also said it will use OpenAI technology for its ...Reuters
Feb 4, 2025
Commodities
RUBBER-Japan futures decline amid Trump tariffs on China, sluggish Beijing data
SINGAPORE, Feb 4(Reuters) - Japanese rubber futures extended declines to a second session on Tuesday as U.S. tariffs imposed on top consumer China are poised to begin, while sluggish Chinese factory growth weighed on investor sentiment. The Osaka Exchange (OSE) July rubber contract JRUc6, 0#2JRU: ...Reuters
Feb 4, 2025
