Posted inEconomy
Morning Bid: Inflation runs hot in the euro zone
A look at the day ahead in European and global markets from Vidya Ranganathan If the latest inflation data from Germany and Spain is anything to go by, investors betting…
Posted inEconomy
Malaysia, Singapore announce deal on Johor economic zone
By Danial Azhar KUALA LUMPUR (Reuters) – Malaysia and Singapore announced on Tuesday an agreement on a special economic zone in the southern Malaysian state of Johor, aiming to support…
Posted inStock
Nvidia CEO Huang unveils next generation RTX GPUs; Blackwell in full production
Investing.com– NVIDIA (NASDAQ:NVDA) CEO Jensen Huang unveiled the company’s latest line of RTX graphical processing units, while also stating that the company’s Blackwell artificial chips were now in full production. Speaking…
Posted inStock
US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing’s military
By Michael Martina, David Shepardson and Karen Freifeld WASHINGTON/NEW YORK (Reuters) – The U.S. Defense Department said on Monday it has added Chinese tech giants including gaming and social media…
Posted inStock
Asia shares rise on prospect of softer Trump tariffs
By Rae Wee SINGAPORE (Reuters) – Asia shares rose on Tuesday, tracking Wall Street’s positive lead and as some investors hoped incoming U.S. President-elect Donald Trump could adopt a less…
Posted inStock
Phillips 66 to buy EPIC NGL for $2.2 billion in bid to boost Permian presence
(Reuters) -U.S. oil refiner Phillips 66 (NYSE:PSX) said on Monday it would acquire various pipelines and distribution systems from Ares-backed EPIC NGL in an all-cash deal for $2.2 billion, as…
Posted inStock
Exxon sues California AG, environmental groups over attacks on recycling efforts
By Sheila Dang and Jonathan Stempel (Reuters) -Exxon Mobil filed a lawsuit on Monday against California Attorney General Rob Bonta and several environmental groups, court records show, accusing them of…
Posted inStock
Nvidia CEO set to take stage at CES just after shares hit record high
By Max A. Cherney and Stephen Nellis (Reuters) – Nvidia (NASDAQ:NVDA) Chief Executive Jensen Huang is set to deliver the opening keynote speech at CES later on Monday and will…
Posted inEconomy
Philippine annual inflation at 2.9% in December
MANILA (Reuters) – Philippine annual inflation quickened to 2.9% in December, the statistics agency said on Tuesday, due to increases in food and utility costs, compared to a 2.5% print…
Posted inEconomy
Dollar trades near one-week low as market ponders Trump tariffs
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar hovered near a one-week low versus major peers on Tuesday as traders considered whether President-elect Donald Trump’s tariffs would be less…