Coffee Break 20th Dec 2024 World View

(World and India News – Tomorrows News Today)

Markets, Business, Economy, Politics, Entertainment, Events, INDIA

QUOTES

• Boss: There is a gap in your submission! Me: Oh, sorry, I must have pressed enter twice.
• What do meetings and coffee have in common? They both keep you awake, but only one of them works
• I told the IT guy I needed an eight-character password. He suggested Snow White and the Seven Dwarfs.
• I told my coworkers I had a joke about job security, but they said it might be too risky.

WORLD AND INDIA NEWS 17th DEC -MARKETS LIVE ASIAN HOURS. FOR MARKETS SCROLL DOWN (www.truedata.in)

WORLD NEWS

Bank of Mexico lowers key interest rate, opens door to larger cuts

US economy eyes strong finish ahead of heightened policy uncertainty in 2025

Bank of England more split than expected over December rate decision

Global central banks urge caution before Trump arrival

US third-quarter economic growth revised higher

A new U.S. president, a threatened trade war and political upheaval in Europe’s powerhouses are keeping investors on guard heading into 2025. ING's Carsten Brzeski told Reuters that inflation will remain one of the key risks and may even prompt the Federal Reserve to hike interest rates at the end of the year.

Labour shortages ease in Germany's economy, survey shows

Fed cuts reverse repo rate by wider margin than funds rate target

FedEx to spin off its freight trucking business

China leaves benchmark lending rates unchanged in Dec

Novo Nordisk hopes to launch experimental obesity drug this decade

Singapore's bolttech, valued at $2.1 billion, raises over $100 million

German tax revenue rose by 9.0% in November, finance ministry says

Any Commerzbank takeover by UniCredit not subject to investment screening, German government source says

BoE's Bailey says market rate pricing for February looks reasonable

Paris 2024 Olympics - Nike Olympics Products Launch

Nike results beat low expectations; CEO warns turnaround will be a slog

Amazon workers strike at seven US facilities ahead of Christmas rush

Focus: In weight loss battle, Novo and Lilly face growing offensive from licenced copies

Starbucks workers' union to strike on Friday in LA, Chicago and Seattle

Dollar set to end week on a high, yen at five-month low

Illustration picture of Japanese yen and U.S. dollar banknotes

The number of Americans filing new applications for jobless benefits fell more than expected last week, almost reversing the prior two weeks' increases and suggesting that a gradual labor market slowdown remained in place.

Gulf over VW German plant closures remains in marathon talks with union

TPG in advanced talks to buy Crown Castle's fiber unit for $8 bln, source says

Democrats urge end to trade deal investor protections as USTR denies secret talks

Amazon agrees to worker safety measures to settle US probe

Exclusive: China's state importer books US soy purchases as tariff threat looms

Walmart says it is likely to miss 2025, 2030 climate change targets

Aerospace firm AAR settles US charges over bribing foreign officials

U.S. crude exports to Europe expected to fall in Jan as shipping economics weaken

Senators urge Biden to grant ByteDance 90-day reprieve from law requiring sale

Canada's retaliation for Trump tariffs is biggest concern, says Japan's Komatsu

Exclusive: Biden to report to US Congress on UAE assurance it is not supplying weapons to Sudan RSF

FAA banning drone flights over New Jersey, New York sites

China's Xi urges bigger international role for gambling hub Macau

Trump-backed spending deal fails in House, shutdown approaches

Israel keeps up Gaza bombardment as ceasefire talks intensify

Putin says Russia is ready to compromise with Trump on Ukraine war

Exclusive: Syrian Kurdish commander: non-Syrian Kurdish fighters to leave if total truce agreed with Turkey

Dominique Pelicot jailed for 20 years in landmark French mass rape trial

US imposes sanctions on Iran and Houthi-related targets

Australia to boost police support to Solomon Islands

Pope Francis and U.S. President Joe Biden meet as they attend the G7 summit, in Savelletri

Migrant kidnapping verdict looms for Italian deputy PM Salvini

US has twice as many troops in Syria than previously declared, Pentagon says

Estonia's top spy says NATO must deter Russia for next 10 to 20 years

Brazil Congress votes on fiscal package, changes could limit impact

Congolese president sacks military top brass in major reshuffle

Austria says it is reviewing the status of Syrian refugees

US agency warns extended government shutdown could lead to long lines at airports

Texas launches billboard campaign in Mexico to deter migrants

Hollywood embraces God and the 'cowboy curious' to broaden audience

Moscow says Ukraine fired more US and British missiles into southern Russia

AI's energy hunger fuels geothermal startups but natgas rivalry clouds future

BP, Iraq agree on technical terms to redevelop Kirkuk oil fields

US FDA approves Ionis Pharma's genetic disorder drug

Behind a potential Honda and Nissan tie-up, the existential threat posed by Chinese EVs

Seeing low-income consumers squeezed, retailers target $10 and under gifts

El Salvador says it will keep buying bitcoin despite IMF warning

Cuba tourism struggles as blackouts and shortages deter visitors

China lets Sweden, Finland, Germany and Denmark board ship in cable breach case

China willing to maintain communication on submarine infrastructure security

Pakistan's missile program is 'emerging threat', top US official says

Divers, helicopters hunt survivors of Mumbai boat accident that killed 13

Luxury firms will warily cut prices to boost sales

India starts resembling China in unflattering ways

Timothee Chalamet channels young Bob Dylan in 'A Complete Unknown'

Premiere of the film "A Complete Unknown", in Los Angeles

Premiere for the film ''Mufasa: The Lion King'' in Los Angeles

Kite-making picks up in India's Gujarat as harvest festival nears

INDIA NEWS

Indian militant groups that took refuge in Myanmar and fought in its civil war have been streaming back across the border to Manipur state this year, Indian security officers said, inflaming the bitter 19-month ethnic conflict there with weapons and battle-hardened cadres.

Indian blue-chips track Asia lower

India antitrust body raids Pernod, AB InBev in liquor industry crackdown, sources say

India's Bharti Airtel clears 2016 spectrum dues

Indian government proposes prison terms, fines for illegal lending

India upper house deputy chair rejects opposition move to impeach vice president

India gears up for a potential trade deal as Trump targets China, say government sources

Kite enthusiasts fly kites during the eight-day-long International Kite Festival in Ahmedabad

India v Pakistan matches at ICC events to be held at neutral venues

India, Australia brighten new share sales prospects for 2025 in Asia Pacific

India's Tech Mahindra aiming for bigger bite of bank tech spends, CEO says

Indian states must set glide path for fiscal consolidation, says central bank report

India looking at collaboration with HD Korea Shipbuilding

Indian shares decline as Fed's hawkish outlook spooks investors

RSS chief Mohan Bhagwat has expressed concern over the resurgence of several temple-mosque disputes and said certain individuals, after the construction of Ram temple, seem to believe they can become "leaders of Hindus" by raking up such issues.

"You Don't Want To Throw Out Tainted Staff": Supreme Court Slams Bengal

Who Gave Permit For Trial Run? Cops Ask Navy In Mumbai Boat Tragedy

5 Dead, 35 Hurt In Huge Jaipur Fire As 2 Trucks Collide Outside Petrol Pump

Dismiss 26/11 Attacks Accused's Petition Against India Extradition: US To Supreme Court

Third Soldier Injured In Bikaner's Mahajan Field Firing Incident Dies

Samajwadi Party MP Zia Ur Rehman Barq, Accused Of Electricity Theft, Fined Rs 1.9 Crore

India-US Defence Ties Advancing In Exciting Ways: Pentagon

Rajasthan Ex-BJP MLA Jailed For 3 Years For Slapping Forest Officer

"No Organisation Called Kuki-Zo Council Exists, No District Called Lamka": Manipur Government

Camera Found In Changing Room Of Bhopal MRI Centre, Footage Seized

Victimization Of Women For 'Witchcraft' Blot On Constitution: Supreme Court

Case Filed Against Manipur Congress Leader Over Claim No Holiday On Kut Festival

Maharashtra Value Added Tax Act 2002 (Amendment) Bill, 2024 Passed By Legislature

"Life Hanging By Thread": Doctors On Farmer Jagjit Singh Dallewal Fasting For 24 Days

BJP's CT Ravi Detained For Making Derogatory Remarks Against Woman Minister

After Mumbai Tragedy, Life Jackets Must On Ferries From Gateway Of India

Laws For Women's Welfare Not Tools To "Extort" Their Husbands: Top Court

India has, for years, been the country receiving highest remittances globally, and this year was no different. India retained the number one spot of being the country which saw the maximum amount of monetary inflow - $129 billion - from its diaspora.

Speaker Bars Protests At Parliament Gates After MPs' Injury Row: Sources

Karnataka Detains 159 Bangladeshi, 24 Pakistani Nationals Staying Illegally In The State

Delhi Bans Firecrackers In City Throughout The Year

Ferry Collision Death Count Rises To 14 As Body Of Passenger Missing Found

"Human Error" Caused Chopper Crash That Killed CDS Bipin Rawat: Panel Report

No Alarm, Cash And Jewellery Gone: Thieves Drill Into Surat Bank Locker Room

Bomb Planted By Maoists Kills Bear, 2 Cubs In Chhattisgarh

The Supreme Court on Thursday stayed the restrictions imposed by the Kerala High Court for the use of elephants in temple festivals.

SEBI Cracks Down On YouTuber Ravindra Balu Bharti, Orders Him To Pay Rs 9.5 Crore

Women Hold Only 10% Key Managerial Personnel Positions In India: Report

Delhi's Air Quality Worsens, Hits 'Severe Plus' Category

PM Modi Speaks To King Charles, Reaffirms India-UK Strategic Partnership

Tabla Maestro Zakir Hussain's Funeral To Be Held In San Francisco Today: Report

Nitish Kumar Launches App For People To Report Poor Road Conditions In Bihar

Zepto Cafe Elevates Shashank Shekhar Sharma As Chief Experience Officer

Airtel Prepays Rs 3,626 Crore To Centre, Clears Dues For 2016 Spectrum Purchase

'Highest Tariff' Major Economy India, US Need To Together Lower Tariffs: US Ambassador Eric Garcetti

Experts Call For Higher 'Sin Tax' On Tobacco Ahead Of GST Council Meet

Corruption Case Filed Against KTR Over Hyderabad Formula E Race Issue

Bangladesh National Among 8 Arrested For Plan To Target RSS, Hindu Groups, Says Assam STF

Government Auditor Confirms NDTV's Findings On Madhya Pradesh Ration 'Scam'

"Won't Tolerate": Aaditya Thackeray On Congress MLA's Demand To Make Mumbai Union Territory

At Least 8 Dead Due To Unknown Illness In Jammu And Kashmir's Rajouri

Congress Claims Centre Asked X To Remove Amit Shah's Video As It Violates Laws

"Bit Absurd On Both Sides": Shashi Tharoor On INDIA Bloc-NDA Faceoff

Samajwadi Party MP from Sambhal Zia Ur Rehman Barq is reported to have a 2 kilowatt (kW) connection whereas, the load is 16.5 kW.

'Against Society's Rules': Nitin Gadkari On Live-In Relationships, Same Sex Marriages

Vijay Mallya To "Dearest Friend" Lalit Modi On X: "We've Been Wronged"

Fugitive billiionaires Vijay Mallya and Lalit Modi shared a moment of bonhomie over the Enforcement Directorate's ? 14,000 debt recovery from the Kingfisher tycoon.

India Has Been Key Partner In Indo-Pacific On Number Of Shared Issues: US

Kalinga Literary Festival Announces Book Awards In Delhi

WORLD MARKETS 20th DEC– ASIAN HOURS TODAY

STOCKS

Index??????????????????? ????????????? ?Last????????????????????????? % Change

ASX All Ordinaries??????????? 8,309.00????????????? -1.26%Negative

Hang Seng?????????? ?????????????? 19,774.22??????????? +0.11%Positive

Nikkei 225?????????? ?????????????? 38,772.38??????????? -0.11%Negative

Shanghai SE??????? ?????????????? 3,388.22????????????? +0.54%Positive

SENSEX ?????????????? ?????????????? 78,740.55??????????? -0.60%Negative

COMMODITIES

Future?????????????????? Last?????????????? ???? ????% Change

Brent Crude Oil? 72.44???? ?????????????? -0.60%Negative

Gold?????? ?????????????? 2,592.00????????????? -0.01%Negative

Copper? ?????????????? 797.40?? ?????????????? +0.08%Positive

CBOT Soybeans? 951.75?? ?????????????? -2.56%Negative

CURRENCIES

Exchange????? ???????Last???????????????????? ???% Change

EUR/USD???????????? 1.0359?? ?????????????? -0.04%Negative

GBP/USD???????????? 1.2478?? ?????????????? -0.20%Negative

JPY/USD?????????????? 0.0064?? ?????????????? +0.19%Positive

CNY/USD???????????? 0.1370?? ?????????????? -0.03%Negative

YIELDS

Name??????????? ??????Yield??????????????? ????Change

US 10Y? ?????????????? 4.562???? ?????????????? -0.008

DE 10Y? ?????????????? 2.304???? ?????????????? -0.002

UK 10Y? ?????????????? 4.59?????? ?????????????? +0.011

JP 10Y?? ?????????????? 1.035???? ?????????????? -0.045