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Asian Markets Dip as Fed Rate Cut Looms and Investors React to Tech Trade Developments
Asian Markets Dip as Fed Rate Cut Looms and Investors React to Tech Trade Developments
Asian stock markets traded mostly lower following Wall Street declines, as investors await the Fed’s rate decision and respond to Trump’s Nvidia chip export approval to China....
Gerik
BHP Sells Stake In Iron Ore Power Network To BlackRock For $2 Billion
BHP Sells Stake In Iron Ore Power Network To BlackRock For $2 Billion
BHP Group has agreed to sell a 49% stake in the inland power network used by its Western Australia iron-ore business to BlackRock's Global Infrastructure Partners for $2 billion.
Winkelmann
Special Needs Lift UK Local Authority Borrowing To Record Levels
Special Needs Lift UK Local Authority Borrowing To Record Levels
The soaring cost of schooling children with conditions including autism and attention deficit hyperactivity disorder has driven borrowing by local authorities to record levels amid warnings that many councils are heading for insolvency.
Winkelmann
Understanding Hostile Takeovers: Paramount’s Bid for Warner Bros. Discovery Sparks High-Stakes Corporate Showdown
Understanding Hostile Takeovers: Paramount’s Bid for Warner Bros. Discovery Sparks High-Stakes Corporate Showdown
A hostile takeover occurs when a company seeks to acquire another without the approval of its management, appealing directly to shareholders instead....
Gerik
Volvo Offers Software To Rivals In Reversal From Coding Delays
Volvo Offers Software To Rivals In Reversal From Coding Delays
Volvo Car AB is looking for partnerships for its new central software stack that'll run on all of its future electric models, a sign the carmaker has overcome earlier coding glitches that delayed vehicle launches and sparked recalls.
Samantha Luan
Oil Edges Down With Ukraine Peace Talks, US Rate Decision In Spotlight
Oil Edges Down With Ukraine Peace Talks, US Rate Decision In Spotlight
Oil prices edged down on Tuesday, extending losses from the 2% drop in the previous session, with markets keeping a close eye on peace talks to end Russia's war in Ukraine and a looming decision on US interest rates.
Dark Current
Shelling Kills Cambodians, Struck Thai Homes In Escalating Border Clash
Shelling Kills Cambodians, Struck Thai Homes In Escalating Border Clash
Thai and Cambodian troops exchanged artillery fire overnight, with Bangkok accusing its neighbor of firing rockets into civilian areas as the long-simmering border dispute flared into its most serious violence in months.
Justin
Australia Central Bank December Statement On Rates
Australia Central Bank December Statement On Rates
At its meeting today, the Board decided to leave the cash rate unchanged at 3.60 per cent.
Winkelmann
EU Strikes Deal To Further Weaken Corporate Sustainability Laws
EU Strikes Deal To Further Weaken Corporate Sustainability Laws
European Union (EU) members and Parliament reached a deal on Tuesday to cut corporate sustainability laws, after months of pressure from companies and governments, including the United States and Qatar.
Samantha Luan
China's Li Says Tariff Consequences Increasingly Evident
China's Li Says Tariff Consequences Increasingly Evident
China's Premier Li Qiang said on Tuesday the "mutually destructive consequences of tariffs have become increasingly evident" over 2025, in remarks at a "1+10 Dialogue" including the heads of the IMF, World Trade Organization and World Bank.
Justin
Trump’s $12 Billion Farmer Relief Unveiled Amid Legal and Economic Pressure
Trump’s $12 Billion Farmer Relief Unveiled Amid Legal and Economic Pressure
President Trump has announced a $12 billion bailout package to support US farmers suffering from trade-related losses, while legal scrutiny over his tariff authority and political pressure from rising consumer costs mount....
Gerik
Chinese Clean-Energy Foreign Investment Surging, Says Think Tank
Chinese Clean-Energy Foreign Investment Surging, Says Think Tank
Chinese foreign investment in green power jumped to $80 billion in the past year as Beijing leveraged its dominance in energy transition technologies, according to Climate Energy Finance.
Winkelmann
Trump Says US Will Export Nvidia H200 Chips To China
Trump Says US Will Export Nvidia H200 Chips To China
The United States will allow chip giant Nvidia to export its advanced artificial intellegence chips to China, US President Donald Trump said on Monday, after he reached an agreement with Chinese President Xi Jinping.
Samantha Luan
India Bond Selloff May Continue On RBI's Picks For Note Purchase
India Bond Selloff May Continue On RBI's Picks For Note Purchase
Indian government bonds may continue to struggle on Tuesday, after witnessing a sharp plunge in the previous session after the central bank did not include the liquid benchmark paper in this week's bond purchase.
Justin
US Justice Department Sues Virginia School Board Over Transgender Use Of Locker Rooms
US Justice Department Sues Virginia School Board Over Transgender Use Of Locker Rooms
The U.S. Department of Justice said on Monday it had sued a Virginia county's school board for allowing a biologically female student access to the boy's locker room and then punishing the boys for complaining.
Winkelmann
Trump Asserts Inflation Decline Without Deflation Amid Economic Debate
Trump Asserts Inflation Decline Without Deflation Amid Economic Debate
President Donald Trump announced that inflation will continue to decrease in the U.S., asserting no risk of deflation, as seen in recent official economic metrics.
Alice Winters
Japan Lifts Tsunami Warning After 7.5-magnitude Earthquake
Japan Lifts Tsunami Warning After 7.5-magnitude Earthquake
Japanese authorities lifted tsunami warnings on Tuesday hours after a powerful 7.5-magnitude earthquake shook northeastern regions, injuring at least 30 people and forcing about 90,000 residents to evacuate their homes.
Samantha Luan
Australia Business Conditions Soften In November, Capacity Constrained
Australia Business Conditions Soften In November, Capacity Constrained
A measure of Australian business conditions pulled back in November as sales and profits both eased after a couple of strong months, a survey showed on Tuesday, while many firms still reported limited spare capacity.
Justin
XRP News Today: Fed Cut Bets And ETF Demand Lift Outlook
XRP News Today: Fed Cut Bets And ETF Demand Lift Outlook
XRP-spot ETF hype, a broadening investor base, and increasing XRP utility boosted buyer demand for XRP. US XRP-spot ETF inflows edged closer to $1 billion on Friday, December 5, tilting the supply-demand balance in XRP's favor.
Winkelmann
UK Consumer Spending Disappointed In November, Surveys Show
UK Consumer Spending Disappointed In November, Surveys Show
British consumers kept a tight rein on their spending in November as they awaited finance minister Rachel Reeves' budget, while retailers said Black Friday sales disappointed, according to surveys on Tuesday.
Daniel Foster
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