News
Important Only
Reuters9 minutes ago
Japan finance minister reiterates concerns over excessive FX moves
Bitcoinist19 minutes ago
South Korea Sanctions 15 North Korean Hackers and One Entity Over Crypto Theft Operations
Reuters19 minutes ago
China to keep anti-dumping duties on n-butanol imports from Taiwan, Malaysia and US
Reuters25 minutes ago
GLOBAL MARKETS-Asian stocks drift, yen at 5-month low in thin year-end trading
Gold price depreciates amid light trading, downside seems limited due to safe-haven demand
Reuters34 minutes ago
UPDATE 1-China's industrial profits decline at slower pace in Nov
Forex
Japan finance minister reiterates concerns over excessive FX moves
TOKYO, Dec 27 (Reuters) - Japan Finance Minister Katsunobu Kato reiterated on Friday concerns over a sliding yen, repeating his warning to take action against excessive currency moves."The Japanese government has been alarmed by foreign exchange moves and will take appropriate action against excessi...Reuters
9 minutes ago
Cryptocurrencies
South Korea Sanctions 15 North Korean Hackers and One Entity Over Crypto Theft Operations
South Korea has announced sanctions against 15 individuals and one entity from North Korea involved in cybercrimes, including large-scale cryptocurrency heists. The move comes amid rising concerns about North Korea’s use of cyber operations to fund its weapons programs and evade international sancti...Bitcoinist
19 minutes ago
Other
China to keep anti-dumping duties on n-butanol imports from Taiwan, Malaysia and US
BEIJING, Dec 27 (Reuters) - China said on Friday it will retain anti-dumping duties on n-butanol imports originating in Taiwan, Malaysia and U.S. for a period of five years from Dec 29. "The Ministry of Commerce ruled that if the anti-dumping measures are terminated, dumping of imported n-butanol or...Reuters
19 minutes ago
Stocks
GLOBAL MARKETS-Asian stocks drift, yen at 5-month low in thin year-end trading
Asian stocks meander, with Nikkei rising on weak yenYen wallows at five-month lows, set for 10% fall in 2024Moves muted due to thin year-end trading By Ankur Banerjee SINGAPORE, Dec 27 (Reuters) - Asian stocks wobbled on Friday while the dollar was steady, keeping the yen rooted near five-month l...Reuters
25 minutes ago
Economic Indicator
UPDATE 1-China's industrial profits decline at slower pace in Nov
Rewrites throughout with data details and context BEIJING, Dec 27 (Reuters) - China's industrial profits fell at a slower clip in November, official data showed on Friday, as policymakers pledged stronger support to prop up a faltering economic recovery.The world's second-largest economy has been...Reuters
34 minutes ago
Forex
FOREX-Yen hovers near 5-month low as BOJ's cautious stance weighs
By Kevin Buckland TOKYO, Dec 27 (Reuters) - The yen hovered near a five-month low to the dollar on Friday as the U.S. Federal Reserve's hawkish messaging contrasted with the Bank of Japan's cautious approach to further policy tightening.The yen traded at 157.725 per dollar JPY=EBS as of 0030 GMT,
Reuters
36 minutes ago
Other
South Korea fin minister says impeaching acting president to seriously damage economy
SEOUL, Dec 27 (Reuters) - South Korea's Finance Minister Choi Sang-mok said on Friday impeaching the country's acting president would seriously damage the country's economic credibility and asked political parties to withdraw the plan.Choi spoke for the country's cabinet, flanked by ministers. (Re...Reuters
36 minutes ago
Economic Indicator
China's Jan-Nov industrial profits fall 4.7% y/y
BEIJING, Dec 27 (Reuters) - Profits at China's industrial firms fell 4.7% in the first 11 months from the same period last year, official data showed on Friday.The fall extended a 4.3% decline in the January-October period, according to National Bureau of Statistics data.Industrial profit numbers coReuters
37 minutes ago
Other
UPDATE 1-Japan's cabinet approves record $730 billion budget for next fiscal year
Adds details of budget plan TOKYO, Dec 27 (Reuters) - Japan's cabinet on Friday approved a record $730 billion budget for the fiscal year starting in April, while limiting new bond issuance to the lowest in 17 years on the back of record tax revenue.The budget for the fiscal year that starts in A...Reuters
45 minutes ago
Other
BRIEF-CSE Global Says Unit In Process Of Filing Legal Proceedings In Texas Against Customer
Dec 27 (Reuters) - CSE Global Ltd CSES.SI:UNIT IN PROCESS OF FILING LEGAL PROCEEDINGS IN TEXAS AGAINST A CUSTOMERUNABLE TO QUANTIFY IMPACT OF LEGAL PROCEEDINGS ON FINANCES FOR FY2024Source text: ID:nSN76jRqwFurther company coverage: CSES.SI ((Reuters.Briefs@thomsonreuters.com;))Reuters
49 minutes ago
Economic Indicator
UPDATE 2-Inflation in Japan's capital accelerates, keeps rate hike prospects intact
Dec Tokyo core CPI up 2.4% yr/yr vs f'cast +2.5%Index excluding fuel rises 1.8% yr/yr in DecemberFactory output falls in November on soft overseas demandData among factors BOJ will scrutinise at January meetingAdds economists' comments, factory output data and BOJ governor's stanceBy Leika Kihara an...Reuters
58 minutes ago
Other
Japan's cabinet approves record $730 billion budget for next fiscal year
TOKYO, Dec 27 (Reuters) - Japan's cabinet on Friday approved a record $730 billion budget for the fiscal year starting in April, while limiting new bond issuance to the lowest in 17 years on the back of record tax revenue.The budget for the fiscal year that starts in April is estimated at 115.5 tril...Reuters
an hour ago
Other
BRIEF-Exicure Partners With GPCR Therapeutics To Fuel New Growth In Biotech
Dec 26 (Reuters) - Exicure Inc XCUR.O:EXICURE, INC. PARTNERS WITH GPCR THERAPEUTICS TO FUEL NEW GROWTH IN BIOTECHSource text: ID:nBw1xXcfdaFurther company coverage: XCUR.O ((reuters.briefs@thomsonreuters.com;))Reuters
an hour ago
Cryptocurrencies
Bitcoin Tokens Have Only Been Getting Older This Bull Run, Analyst Reveals
An analyst has explained how the age of the average Bitcoin token has only been getting older during the recent bull run, something that could be bullish for the asset’s price. Bitcoin Average Coin Age Has Been Trending Up Recently In a new post on X, CryptoQuant author Axel Adler Jr has talke...NewsBTC
an hour ago
Commodities
YEARENDER-Big Oil backtracks on renewables push as climate agenda falters
European majors slow clean energy investmentsInvestors rewarding oil and gas focus New Trump U.S. presidency among big factors in 2025 By Ron Bousso LONDON, Dec 27 (Reuters) - Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing down - and at ...Reuters
an hour ago
Other
China's Xi Jinping will visit Russia in 2025, Russian ambassador says
Dec 27 (Reuters) - China's President Xi Jinping will visit Russia in 2025, Russia's RIA news agency quoted Moscow's ambassador to Beijing as saying early on Friday."As for concrete bilateral events, I can say that the appropriate plans are actively being drawn up," ambassador Igor Morgulov told RIA....Reuters
an hour ago
Forex
Australia, NZ dollars drift towards two-year lows in holiday-thinned trade
SYDNEY, Dec 27 (Reuters) - The Australian and New Zealand dollars were set for weekly losses on Friday as they wobbled towards two-year lows in holiday-thinned trade, while the technical outlook remained deeply bearish. The Aussie AUD=D3 was idling at $0.6219, having lost 0.8% overnight to a...Reuters
an hour ago
Stocks
PRECIOUS-Gold set for weekly gain; focus on incoming Trump administration, Fed's 2025 path
Dec 27 (Reuters) - Gold prices were trading flat on Friday, but were set for a weekly rise, as markets awaited signals on the U.S. economy under the incoming Donald Trump administration and the Federal Reserve's interest rate strategy for 2025.FUNDAMENTALS* Spot gold XAU= was flat at $2,632.79 per o...Reuters
2 hours ago
Cryptocurrencies
Bitcoin Crashes Back To $95,000 As Whale Exchange Inflows Exceed $3 Billion
Bitcoin has observed a sharp retrace to $95,000 in the past day as on-chain data shows whales have been busy depositing to exchanges. Bitcoin Has Almost Entirely Retraced Its Gains From Christmas Bitcoin renewed optimism among investors when it edged close to the $100,000 mark during the rally over ...Bitcoinist
2 hours ago