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Asia's stocks rose in thin Boxing Day trade on Thursday, extending a "Santa Rally" with key markets Hong Kong and Sydney still shut for the holidays
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Asia Stocks Up As 'Santa Rally' Persists

Nippon Steel has urged US President Joe Biden to allow its takeover of US Steel to go through after a regulatory panel failed to reach a consensus
Business

US Panel Could Not Reach Consensus On US-Japan Steel Deal: Nippon

Honda and Nissan were expected to announce the start of tie-up talks Monday
Business

Honda And Nissan To Launch Merger Talks

Samsung Electronics has earned a hefty US government grant to boost their chipmaking facilities in the United States
Business

US Confirms Billions In Chips Funds To Samsung, Texas Instruments

Nike's new CEO vowed to revive the brand despite a difficult run in recent quarters
Business

New Nike CEO Vows Turnaround After Earnings Drop

Musk has been constantly at Donald Trump's side since his US election victory
Business

UK's Farage Says In 'Negotiations' With Musk Over Funding

Analysts expect Fed Chair Jerome Powell to signal a likely slowdown in the pace of rate cuts in 2025
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US Fed Expected To Cut Again, Despite Uncertain Path Ahead

Honda and Nissan had already deepened ties earlier in 2024 when they agreed to explore a strategic partnership on electric vehicles
Business

Japan's Honda And Nissan To Begin Merger Talks: Report

Jerome Powell, seen in November, is expected to indicate the Fed may cut rates more slowly in the coming months
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US Fed Begins Final 2024 Rate Meeting With Cut Expected

‘What is Mankind?’: SoftBank Boss Masayoshi Son Weeps as He Asks ChatGPT AI
Business

SoftBank CEO To Unveil $100B US Investment, 100,000 AI Jobs In Trump Meeting

Seoul's Kospi swung after South Korean President Yoon Suk Yeol was impeached at the weekend for this month's short-lived martial law declaration
Business

Asian Markets Struggle After More Weak China Data

Fed Chair Jerome Powell has said he does not plan to step down before his current term ends in 2026
Business

US Fed Expected To Cut Rates In Last Meeting Of Biden Era

The German car industry -- a key sector of the economy -- is also in turmoil as VW plans to shutter factories at home for the first time
Business

German Central Bank Cuts Growth Forecasts As Headwinds Intensify

The SNB rate cut sent the Swiss franc falling 0.3 percent against the dollar and the euro
Business

Swiss Central Bank Announces Big Rate Cut To Boost Economy

Investors will be hoping for clues about the future interest rate path from ECB President Christine Lagarde
Business

Amid Weak Eurozone And Political Turmoil, ECB To Cut Rates Again

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