News
Important Only
Other
BRIEF-Form Technologies Says Acquired By Ares, Co Receives $304 Mln In New Equity Capital
Jan 21 (Reuters) - FORM TECHNOLOGIES ACQUIRED BY ARES MANAGEMENTFORM TECHNOLOGIES: HAS SUBSTANTIALLY DELEVERAGED ITS BALANCE SHEET AND RECEIVED APPROXIMATELY $304 MILLION IN NEW EQUITY CAPITAL,Source text: ID:nPn51RbhZaFurther company coverage: ARES.N ((Reuters.Briefs@thomsonreuters.com;))Reuters
Jan 22, 2025
Stocks
South Korean shares track Wall Street higher with eyes on Trump
KOSPI rises, foreigners net buyersKorean won strengthens against dollarSouth Korea benchmark bond yield rises SEOUL, Jan 22 (Reuters) - Round-up of South Korean financial markets:** South Korean shares rose on Wednesday, tracking Wall Street's overnight gains, as investors focussed on U.S. Presid...Reuters
Jan 22, 2025
Other
Wealthy Indians tap into bathroom luxury with $18,500 smart toilets
India luxury boom an attractive play for Kohler, Hansgrohe, TotoMore people opting for expensive bathroom fittings in IndiaKohler and others planning to add shops, dealershipsLuxury home sales contributing to growth in sectorBy Dhwani Pandya MUMBAI, Jan 22 (Reuters) - In India's polluted northern...Reuters
Jan 22, 2025
Stocks
INDIA STOCKS-India's benchmark indexes set to open marginally higher
Jan 22 (Reuters) - India's benchmark indexes are set to open marginally higher on Wednesday, after hitting a more than seven-month low in the last session on uncertainty over U.S. policy trajectory under President Donald Trump and worries over corporate earnings.The GIFT Nifty futures GIFc1 were tra...Reuters
Jan 22, 2025
Commodities
METALS-Trump tariff uncertainty weighs on base metals
SHANGHAI, Jan 22 (Reuters) - Most base metals declined in rangebound trade on Wednesday as uncertainty persisted over U.S. President Donald Trump's plans for tariffs.Trump said late on Tuesday that his administration was discussing imposing a 10% tariff on goods imported from China on Feb. 1, the sa...Reuters
Jan 22, 2025
Stocks
BUZZ-HK-listed Lepu jumps most in 5 weeks on exclusive deal with ArriVent BioPharma
** Hong Kong-listed Lepu Biopharma 2157.HK jumps 14.2% to HK$2.73; set for biggest one-day pct gain since Dec. 17, 2024** Stock hits highest since Dec. 27, 2024; on track for fifth consecutive session of gains** Co grants exclusive global rights to ArriVent BioPharma AVBP.O to develop and commercial...Reuters
Jan 22, 2025
Other
UPDATE 1-TikTok owner ByteDance plans to spend $12 bln on AI chips in 2025, FT reports
Adds details from paragraph 2 onwards Jan 21 (Reuters) - ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than $12 billion on AI in 2025, the Financial Times reported on Tuesday, citing sources. This move comes as the Chinese c...Reuters
Jan 22, 2025
Economic Indicator
Japan wage growth gathers steam as reluctant retailers raise pay
Major retailers promise big pay rises to retain workersWage momentum gives BOJ more leeway to raise interest ratesDoubts persist about sustainability, impact of big pay hikesHigher labour costs are eating into retailers' profitsBy Makiko Yamazaki and Kentaro Sugiyama TOKYO, Jan 22 (Reuters) - Jap...Reuters
Jan 22, 2025
Forex
BUZZ-COMMENT-USD/JPY in new, tad lower range for now?
Jan 22 (Reuters) - USD/JPY has ratcheted down after reaching a 158.88 high on Jan 10, and appears to be settling into a slightly lower core 155.00-156.50 or wider 154.50-157.00 range as the market awaits concrete U.S. trade measures under the new Trump administration.President Donald Trump announced...Reuters
Jan 22, 2025
Stocks
GLOBAL MARKETS-Stocks bask in Trump glow, tariff uncertainty weighs on dollar
Changes dateline, updates with Asia markets openTrump announces AI infrastructure investmentNetflix shares jump 14% after the bell as earnings beatMost Asian shares rise, China fallsDollar settles near 2-week low after whipsaw By Stella Qiu and Koh Gui Qing SYDNEY/NEW YORK, Jan 22 (Reuters) - Glo...Reuters
Jan 22, 2025
Economic Indicator
RBNZ Sectoral Factor Inflation Model arrives at 3.1% YoY in Q4 2024
The Reserve Bank of New Zealand (RBNZ) published its Sectoral Factor Model Inflation gauge for the fourth quarter of 2024, following the release of the official Consumer Price Index (CPI) by the NZ Stats early Wednesday.
Fxstreet
Jan 22, 2025
Other
US and India discuss concerns about 'irregular immigration,' State Department says
WASHINGTON, Jan 21 (Reuters) - U.S. Secretary of State Marco Rubio discussed with his Indian counterpart, Subrahmanyam Jaishankar, concerns related to "irregular migration" on Tuesday, the State Department said. (Reporting by Kanishka Singh in Washington; Editing by Tom Hogue) ((Kanishka.Singh@thom...Reuters
Jan 22, 2025
Other
UPDATE 1-Japan has no choice but to strengthen defence, foreign minister tells new Trump administration
Adds details of Japan formin commentsWASHINGTON, Jan 21 (Reuters) - Japan will continue to strengthen its defence capabilities given the security situation in East Asia, Japan's foreign minister told his U.S. counterpart in a meeting on Tuesday, his spokesperson said.The return of U.S. President Don...Reuters
Jan 22, 2025
Cryptocurrencies
Dogecoin Million Dollar Transactions Soar After Trump Inauguration, Is A Bounce Coming?
The Dogecoin network has seen a significant surge in activity following the inauguration of US President Donald Trump. Although this surge in activity cuts across the entire industry, on-chain data has revealed interesting dynamics among Dogecoin holders. These developments were brought into focus b...Bitcoinist
Jan 22, 2025
Cryptocurrencies
Ethereum Appears ‘Bottomed Out,’ Analyst Predicts A Rally Is Near
Ethereum (ETH) appears to have ‘bottomed out,’ according to crypto analyst Mister Crypto. The analyst shared this observation as investor confidence in ETH continues to wane due to the digital asset’s relatively lackluster price performance in 2024. Is Ethereum Due For A Rally? Unlike Bi...NewsBTC
Jan 22, 2025
Other
UPDATE 2-Indonesia fines Google $12.4 million for unfair business practices
Adds Google's statement in paragraph 6 and 7JAKARTA, Jan 21 (Reuters) - Indonesia's antitrust agency on Tuesday ordered Google to pay fines of around 202 billion rupiah ($12.4 million) for unfair business practices related to its payment system services for Google Play Store, its software distributi...Reuters
Jan 22, 2025
Economic Indicator
Japan’s Rengo agrees with BoJ that there is wage hike momentum in regions
With markets fully pricing in an interest rate hike by the Bank of Japan (BoJ) on Friday, the head of Rengo – Japan’s largest national trade union center said Wednesday that he agrees with the BoJ there is wage hike momentum in Japanese regions.Fxstreet
Jan 22, 2025
