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Iran says talks with US in Oman were 'good start', will continue
Mediator Oman says discussions to resume in due courseTehran rejects negotiating its missile programUS Navy buildup near Iran raises regional tensionsTehran wants sanctions liftedIran says it will show flexibility on uranium enrichmentBy Mohammed Benmansour, Parisa Hafezi and Nayera Abdallah MUSC...
9 hours ago
Oil prices climb on worries of possible Iran-US conflict
Geopolitical risk reverses oil price decline HOUSTON, Feb 6 (Reuters) - Oil prices settled higher on Friday, reversing earlier losses as traders worried that this week's talks between the U.S. and Iran had failed to reduce the risk of a military conflict between the two countries. Brent...
14 hours ago
Corn, soybean basis bids flat to down
CHICAGO, Feb 5 (Reuters) - Spot basis bids for corn and soybeans were steady to lower at processors in the U.S. Midwest on Thursday, a spot check of locations showed, as farmers sold their crops following gains in soybean and corn futures.Chicago Board of Trade soybean futures continued their ascent...
Fri, Feb 6
Indonesian markets face more pressure after Moody's cuts outlook
SINGAPORE, Feb 6 (Reuters) - Markets in Indonesia could come under more pressure on Friday after Moody's lowered the nation's credit rating outlook, the latest jolt in a turbulent start to the year for Southeast Asia's largest economy.Moody's said on Thursday it had cut Indonesia'...
Fri, Feb 6
Stocks tumble as AI rout deepens, silver hammered
By Gregor Stuart Hunter SINGAPORE, Feb 6 (Reuters) - Asian stocks extended losses into a second day in early trading on Friday as a selloff on Wall Street intensified, with precious metals and cryptocurrencies gripped by wrenching volatility.MSCI's broadest index of Asia-Pacific shares outsid...
Fri, Feb 6
Gold, silver extend losses on global tech rout, firmer dollar
Feb 6 (Reuters) - Gold and silver extended losses on Friday as a global rout in tech equities and a stronger U.S. dollar wiped out most gains made by the metals during a brief rebound earlier this week. FUNDAMENTALSSpot gold XAU= was down 0.7% at $4,735.99 per ounce, as of 0037 GMT, after...
Fri, Feb 6
Trump unveils TrumpRx discounted drugs website
TrumpRx.gov to offer discounted drugs via GoodRx, not direct salesDeals with major drugmakers include Eli Lilly, Novo Nordisk, MerckTrumpRx targets cash-paying consumers without insuranceBy Michael Erman and Ahmed Aboulenein WASHINGTON, Feb 5 (Reuters) - U.S. President Donald Trump on Thursday un...
Fri, Feb 6
HP, Dell, Acer and Asus mull using Chinese memory chips amid supply crunch, Nikkei Asia reports
Feb 5 (Reuters) - PC makers HP HPQ.N, Dell DELL.N, Acer 2353.TW and Asus 2357.TW are considering sourcing memory chips from Chinese chipmakers for the first time amid a global supply crunch that is threatening product launches and pushing up costs across the tech industry, Nikkei Asia reported on Th
Thu, Feb 5
South Korea seeks closer China cooperation to secure critical mineral supply chains
SEOUL, Feb 5 (Reuters) - South Korea is seeking closer cooperation with China on critical mineral supply chains, its trade ministry said on Thursday, as Seoul unveiled plans to secure stable supplies of rare earths needed for cutting-edge technologies. The ministry said in a stateme...
Thu, Feb 5
Nasdaq proposes 'fast entry' rule to speed up index inclusion of large new listings
By Pritam Biswas Feb 4 (Reuters) - Nasdaq NDAQ.O has proposed a new rule to speed up the addition of newly listed large companies to its index, seeking to address delays that have left major IPOs and exchange transfers outside the benchmark for months.The proposal comes in what is shaping up to b...
Thu, Feb 5
Selloff wipes out nearly $1 trillion from software and services stocks as investors debate AI's existential threat
Software stocks fall on AI disruption fears, but selling intensity easesScramble to shield portfolios as AI muddies valuations, business prospects Selloff has been overdone, analyst saysSoftware and service stocks shed $830 billion in market value in six trading daysBy Chibuike Oguh, Danilo Masoni a...
Thu, Feb 5
Fed's Cook says she is focused on inflation risks
Federal Reserve Governor Lisa Cook on Wednesday said she is more concerned about stalled progress on inflation than a weakening labor market, a strong signal that she will not support another interest-rate cut until price pressures that built last year due to tariffs begin to recede.
Thu, Feb 5
Choppy markets threaten ECB's 'good place' but rates still firmly on hold
The European Central Bank is all but certain to keep interest rates unchanged on Thursday and signal that no policy move is imminent, even if the euro's recent surge against the dollar fuels concerns that inflation might undershoot its target.
Thu, Feb 5
Qualcomm shares slide as memory chip shortage hits smartphone market
Chip supplier Qualcomm QCOM.O forecast second-quarter revenue and profit below Wall Street estimates on Wednesday, expecting a global memory supply shortage to hit mobile phone sales.
Thu, Feb 5
Nvidia's AI chip sale to ByteDance hinges on conditions set by Trump administration
The Trump administration is willing to allow China's ByteDance to buy Nvidia's H200 chips, but the AI chipmaker has not agreed to proposed conditions for their use, according to a person familiar with the matter.
Thu, Feb 5
Trump says he will stay out of Netflix-Paramount fight over Warner Bros
U.S. President Donald Trump said on Wednesday he will stay out of the Netflix NFLX.O and Paramount Skydance PSKY.O fight over Warner Bros Discovery WBD.O, a reversal from late last year when he said he would be involved in reviewing the deal.
Thu, Feb 5
Berkshire utility urges Oregon appeals court to limit wildfire damages
PacifiCorp on Wednesday urged an Oregon appeals court to undo rulings that expose the Berkshire Hathaway-owned BRKa.N utility to $52 billion of potential liabilities from wildfires.
Thu, Feb 5
InnoScience rises most in 5 weeks on Google AI chip deal
Shares of InnoScience (Suzhou) Technology 2577.HK rises 11.1% to HK$59.8, on course for their biggest one-day pct gain since December 30China-based gallium nitride semiconductor maker set to snap four consecutive sessions of declineSays some products completed design-ins on Alphabet's Google Inc...
Wed, Feb 4
Chinese solar giant Jinko visited by Elon Musk's team, state-backed media reports
BEIJING, Feb 4 (Reuters) - China's leading solar firm Jinko Solar 688223.SS has been visited by a team sent by Tesla TSLA.O CEO Elon Musk, state-backed media outlet 21st Century Business Herald reported on Wednesday.The team also visited other major Chinese solar firms, the report said, citing J...
Wed, Feb 4
Tether downplays $20 billion funding amount after investor pushback, FT reports
Feb 4 (Reuters) - Crypto group Tether Chief Executive Paolo Ardoino has downplayed the amount of money it will raise in a new funding round following investor pushback over its $500-billion valuation goal, the Financial Times reported on Wednesday.Tether's advisers have floated raising as little...
Wed, Feb 4
