Asian stocks were mostly higher on Tuesday after a tech rally on Wall Street, but their gains remained modest in thin Christmas Eve trade.Overnight, European stocks bounced around while US equities shook off early weakness to push higher as investors waited to see if a so-called Santa Claus rally would materialise.US “stocks didn’t really have any …
A US government panel failed to reach a consensus on whether US Steel’s acquisition by Nippon Steel threatens Washington’s national security, shifting the decision to the White House, the Japanese company said late Monday.The deadlock by the Committee on Foreign Investment in the United States (CFIUS) means the controversial $14.9 billion transaction will now be …
US panel could not reach consensus on US-Japan steel deal: Nippon Read More »
US President-elect Donald Trump has threatened to demand control of the Panama Canal be returned to Washington, complaining of “unfair” treatment of American ships and hinting at China’s growing influence.Here are five things to know about the waterway connecting the Pacific and Atlantic oceans.- Panamanian operated -The 80-kilometer (50-mile) interoceanic waterway is operated by the Panama …
Five things to know about Panama Canal, in Trump’s sights Read More »
European stocks bounced around Monday while US equities shook off early weakness to push higher as investors waited to see if a so-called Santa Claus rally sweeps over the market.Global stock markets had a tumultuous time last week, spiraling lower after the US Federal Reserve signaled fewer interest rate cuts than had been expected for 2025.But …
Mixed day for global stocks as market hopes for ‘Santa Claus rally’ Read More »
President-elect Donald Trump’s repeated support for TikTok has sparked speculation about potential solutions to prevent the app’s impending ban in the United States, though the path forward remains unclear.”We got to keep this sucker around for a little while,” Trump told supporters on Sunday, just days after meeting with TikTok CEO Shou Zi Chew in …
Trump’s TikTok love raises stakes in battle over app’s fate Read More »
Donald Trump has threatened to seize the Panama Canal, revived calls to buy Greenland and joked about annexing Canada — leaving the world guessing once again whether he is serious or not.By challenging the sovereignty of some of Washington’s closest allies four weeks before he even returns to the Oval Office, the US-president elect has …
Is he serious? Trump stirs unease with Panama, Greenland ploys Read More »
Nearly 50,000 people in Canada died of an apparent opioid overdose from January 2016 to June 2024, with fentanyl playing an increasingly prominent role in fatalities, the national health agency said Monday.The prevalence of fentanyl in Canada has drawn additional attention after incoming US president Donald Trump cited the drug as part of his justification …
Canada records 50,000 opioid overdose deaths since 2016 Read More »
European and US stocks bounced around Monday as investors waited to see if a so-called Santa Claus rally sweeps over the market.Global stock markets had a tumultuous time last week, spiralling lower after the US Federal Reserve signalled fewer interest rate cuts than had been expected for 2025.But it ended on a positive note as traders …
European, US markets wobble awaiting Santa rally Read More »
Global stocks mostly moved higher Monday as investors waited to see if a so-called Santa Claus rally sweeps over the market.Global stock markets had a tumultuous time last week, spiralling lower after the US Federal Reserve signalled fewer interest rate cuts than had been expected for 2025.But it ended on a positive note as traders welcomed …
Global stock markets mostly edged higher on Monday as traders welcomed below-forecast US inflation data that raised hopes about the health of the world’s biggest economy.A holiday-thinned week got off to a healthy start after last week’s sell-off sparked by the US central bank signalling fewer interest rate cuts than had been expected for 2025. Asian …
Global stock markets edge higher as US inflation eases rate fears Read More »
