Oil prices set for weekly gains with geopolitical tensions in focus

As of 00:02 ET (05:02 GMT), Brent Oil Futures expiring in February edged up 0.1% to $62.30 per barrel, while Crude Oil WTI Futures also gained 0.1% to $58.42 per barrel. Both contracts were set to ...

Analysis-Myanmar junta’s shift from battlefield to ballots faces long odds

Min Aung Hlaing joined their ranks in February 2021, when he ousted a civilian government led by Nobel laureate Aung San Suu ...

China pledges to control steel output during 2026-2030 period

BEIJING, Dec 26 (Reuters) - China on Friday said it will continue to regulate crude steel output and prohibit the addition of illegal new capacity from 2026 to 2030. In 2021, the world’s largest steel ...

Platinum hits record high on tight supply, EU combustion-engine ban reversal

Dec 26 (Reuters) - Platinum jumped to an all-time high on Friday, on track for its biggest annual rise ever, as supply constraints, an unexpected EU policy U-turn on the 2035 combustion-engine ban, ...

Japan’s cabinet approves record $785 billion budget, vows to keep debt in check

TOKYO, Dec 26 (Reuters) - Japanese Prime Minister Sanae Takaichi’s cabinet on Friday approved a record $785 billion budget for the next fiscal year, aiming to strike a balance between her proactive ...

Japan factory output falls more than expected in Nov; retail sales rise

Investing.com-- Japan’s industrial production fell more than expected in November, while retail sales posted modest growth, highlighting an uneven economic recovery as weak overseas demand continues ...

Asia stocks rise to six-week high; precious metals on a tear

SINGAPORE, Dec 26 (Reuters) - Asian stocks rose to their highest in six weeks on Friday and a blistering rally in precious ...

Gold, silver hit fresh record highs amid geopolitical tensions, weak dollar

Investing.com-- Gold and silver surged to fresh record highs on Friday as investors flocked to safe-haven assets amid ...

Tokyo CPI inflation eases in Dec but stays above BOJ target

Tokyo core CPI, which excludes volatile fresh food prices, grew 2.3% year-on-year in November, government data showed on Friday. The print was slightly below expectations of 2.5% and eased from 2.8% ...

Wall St futures tick higher in thin post-Christmas trade

S&P 500 Futures inched 0.1% higher to 6,987.75 points, while Nasdaq 100 Futures gained 0.1% to 25,908.0 points by 20:16 ET (01:16 GMT). Dow Jones Futures traded up 0.1% at 49,057.0 points.

North Korea’s Kim Jong Un signals continued missile development in next 5 years

SEOUL, Dec 26 (Reuters) - North Korean leader Kim Jong Un signaled the country will continue to develop missiles in the next five years, as he visited major munitions enterprises in the last quarter ...

A year on, Jeju Air crash report delayed as families question probe’s credibility

"It feels like all kinds of doubts are just growing bigger and bigger. In the meantime, a year has gone by, and it feels like the frustration is only continuing to build," said Ryu Kum-Ji, a ...