President Vladimir Putin said he is willing to discuss ending Russia's war in Ukraine, despite rejecting changes sought by Kyiv and Europe to the U.S. peace plan drafted with Moscow. Putin said he has "practically agreed" to the proposals to end the war outlined in summit talks with U.S. President Donald Trump in Alaska in August. "To say that we reject something is simply incorrect and has no basis in fact," he said Friday at his annual televised press conference in Moscow. "This issue is entirely on the side of our Western opponents, so to speak, primarily the leaders" of Ukraine and...
U.S. President Donald Trump said on Monday that he plans to speak to Israeli Prime Minister Benjamin Netanyahu and that Netanyahu would be traveling to Washington to meet with him. Speaking to reporters aboard Air Force One, Trump did not give a date for the face-to-face meeting, but said it would take place "very soon." The meeting comes amid a fragile six-week ceasefire that has brought a temporary pause to 15 months of fighting between Israel and militant group Hamas in Gaza. Trump also said Monday he wants Egypt to take in Palestinians from Gaza, where much of the population has been...
European tech shares came under pressure on Monday, after Chinese tech startup DeepSeek's low-cost artificial intelligence model sparked worries about returns in the AI business and the need for costly chips.The pan-European STOXX 600 dropped as much as 0.8% earlier in the day, tracking a global market sell-off on concerns about AI investment and tech sector valuations, after DeepSeek rolled out a free assistant that it says uses lower-cost chips and less data. [MKTS/GLOB]European tech stocks slid 3.4% and were on track for their biggest daily drop since October, with chip equipment maker...
U.S. Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the larger story unfolding will be how the central bank confronts early moves by President Donald Trump that are likely to shape the economy this year, including demands the Fed continue lowering borrowing costs. Trump was already complicating the Fed's job with moves to restrict immigration and raise import taxes, and on Thursday told global business leaders he would call on the Fed to cut interest rates. "I'll demand that interest rates drop immediately, and likewise they should be...
The S&P US Global Manufacturing PMI edged up to 50.1 in January 2025 from 49.4 in December, beating market expectations of 49.7 and signaling a slight improvement in manufacturing conditions after six months of decline. Factory output edged up for the first time in half a year, with new orders also returning to modest growth. Employment rose for a third straight month, with the pace of job creation the fastest since July. Supplier lead times continued to lengthen, reflecting busier supply chains, although the impact on the PMI was less pronounced than in December. On the downside,...
Copper miner Freeport-McMoRan (NYSE:FCX) posted a drop in fourth-quarter production on Thursday and said that its costs would rise more than expected this year, sending the company's shares down more than 4%. While the Phoenix-based company was able to post a better-than-expected quarterly profit, the results were fueled by higher copper prices during the quarter that offset a production drop in Indonesia. Freeport operates Indonesia's Grasberg, the world's second-largest copper mine, and had been building a smelter in the country as part of an operating agreement with Jakarta...
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10% dalam sehari. Meski terkoreksi, euro masih berada...
President Vladimir Putin said he is willing to discuss ending Russia's war in Ukraine, despite rejecting changes sought by Kyiv and Europe to the U.S. peace plan drafted with Moscow.
Putin said he...