BUSINESS
Trump says Venezuela to purchase US goods with oil deal revenue
Trump has been pressuring Venezuela’s interim leader, Delcy Rodriguez, to increase economic ties with the US after last weekend’s operation to capture strongman Nicolas Maduro.
BUSINESS
Exxon says oil slump cut $1 billion from fourth-quarter results
Exxon is the first of the oil supermajors to report quarterly guidance just weeks before the reporting season is scheduled to kick off.
WORLD
World’s worst bond market faces another big supply shock
The nation’s sovereign debt - the worst performer among the world’s biggest markets last year - faces an 8% rise in net supply to about ¥65 trillion ($415 billion) in the fiscal year starting in April.
WORLD
US pushes ahead with plans to reopen embassy in Venezuela
No official date has been set to reopen the embassy, according to people involved, asking not to be identified because the discussions are private. The State Department didn’t immediately respond to a request for comment.
WORLD
US blue-chip bond sales hit $88 billion, busiest week since 2020
Bond issuance has also been remarkably strong overseas. In Europe, issuers raised a record amount of funds through bond sales on Wednesday.
BUSINESS
Blackstone, housing shares sink as Trump targets big investors
The S&P 1500 Homebuilding Index slid as much as 2.3%, with 15 of 18 members trading lower. Builders KB Home and DR Horton Inc. were among the worst performers. Building-materials supplier Louisiana-Pacific Corp. declined more than 5%.
WORLD
Trump demands defense companies stop buybacks and dividends
BUSINESS
BNP Paribas loses bid to throw out $21 million Sudan verdict
BUSINESS
Gold, silver miners sell stock at fastest pace in over a decade
Last year, more than $6.2 billion was raised by companies listed on exchanges in the US and Canada, according to data compiled by Bloomberg. That’s the highest volume in at least the last 12 years, the data show.
WORLD
US says it will control Venezuela oil exports indefinitely
President Donald Trump said Tuesday evening that Venezuela would relinquish as much as 50 million barrels of its oil to the US, valued at about $2.8 billion at current market prices.
WORLD
US seizes Russia-flagged tanker after chase from Venezuela
The US Justice Department and the Department of Homeland Security “today announced the seizure of the M/V Bella 1 for violations of US sanctions,” the command said in a social media post.
BUSINESS
OpenAI challengers test appetite for China AI with twin IPOs
Zhipu and Minimax begin trading Thursday and Friday, respectively, in a litmus test of whether investors believe China’s fledgling AI industry can compete on a global stage.
IPO
Citi, JPMorgan opt out of $1.4 billion SBI Funds IPO on low fees
Shareholders selling in the IPO — the state-run State Bank of India and France’s Amundi SA — offered fees of about 0.01% of the issue size, which bankers called rock bottom
WORLD
UBS 25-year Asia veteran departs ahead of new wave of job cuts
Lafon, the global co-head of distribution in Singapore, left late last year in a mutual agreement with the bank
WORLD
China’s feud with Japan worsens as Tokyo slams export controls
Japan relied on China for around 70% of its rare earth imports as of 2024, according to the Japan Organization for Metals and Energy Security
BUSINESS
Nickel drops from 19-month high as metals rally takes breather
Three-month futures fell in early trading, after spiking as much as 10.5% to near $18,800 a ton on Tuesday.
WORLD
Chat platform Discord files confidentially for IPO
The San Francisco-based chat app company is working with Goldman Sachs Group Inc. and JPMorgan Chase & Co. on a listing
INDIA
India exporters risk losing US orders without January trade deal
This will be the decisive month for sealing the trade pact so contracts can be secured for the first half of 2026, local exporters said
BUSINESS
Gold steadies as traders look past geopolitical risk to US data
Gold is fresh from posting its best annual performance since 1979, hitting a series of record highs throughout last year with support from central-bank buying and inflows to bullion-backed exchange-traded funds.
ARTIFICIAL-INTELLIGENCE
Elon Musk’s xAI closed $20 billion funding with Nvidia backing
XAI, which did not specify individual investment amounts or break out debt or equity portions of the round, said investors also include Stepstone Group, Fidelity Management & Research Co., MGX and Baron Capital Group.
WORLD
Asian stock rally eases as Japan slips, oil falls
The Nikkei 225 Index fell 0.4% at the open, pushing the MSCI Asia Pacific Index lower after four days of gains.
CRYPTOCURRENCY
Bitcoin faithful still missing even after token reclaims $90,000
Even as fresh inflows returned to Bitcoin exchange-traded funds last week, the broader market structure has yet to follow. For now, Bitcoin’s price uptick looks more like a reprieve than a resurgence.
BUSINESS
Gold climbs as traders look beyond Venezuela risk to US data
Spot gold climbed about 1.1% on Tuesday to trade above $4,495 an ounce, after gaining 2.7% in the previous session following the US capture of Venezuelan leader Nicolás Maduro injected fresh geopolitical uncertainty into markets.
BUSINESS
Berkshire’s Abel to receive 19% salary bump in first year as CEO
He is still serving as chairman of the company, whose holdings span insurance companies, utilities, railroads and a stock portfolio valued at $283 billion as of Sept. 30.
