President Trump is set to engage in high-level talks with China to assess whether to permit Nvidia ($NVDA) to export H200 chips to the country, according to the Financial Times.
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India will pay about $2 billion to lease a nuclear-powered attack submarine from Russia, finalizing a pact after a decade of stalled talks.
Indian officials visited a Russian shipyard in November, and the vessel is expected to be delivered within two years, though delays are possible.
The leased vesselโlarger than Indiaโs current nuclear attack subsโwill be used only for training, not wartime operations, and will stay with the Navy for 10 years.
A previous Russian-leased submarine was returned in 2021.
Source: Bloomberg
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Ledger has partnered with Lamborghini to develop a custom Ledger Stax hardware wallet, set for release in early 2026.
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Russia Restricts Apple's FaceTime Service
Russia's communications regulator, Roskomnadzor, has imposed restrictions on Apple's FaceTime video-calling app, citing its alleged use in "organizing and carrying out terrorist activities, recruiting perpetrators, and committing fraud and other crimes against citizens."
The move follows earlier limitations on WhatsApp and Telegram calls, which had driven increased adoption of FaceTime among Russian users. Reuters reports the restrictions were announced Thursday, further tightening Moscow's control over digital communications.
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๐ต US Treasury Just Completed a Record Buyback
The US Treasury carried out a record buyback of government bonds worth 12.5 billion dollars.
Total submissions reached 34.6 billion dollars, and the Treasury accepted 12.5 billion across twenty three issues.
This is one of the largest liquidity injections from the Treasury in recent years and a clear sign that officials want smoother market functioning and tighter spreads.
๐ฅซ t.me/FinancialWorldUpdates
The US Treasury carried out a record buyback of government bonds worth 12.5 billion dollars.
Total submissions reached 34.6 billion dollars, and the Treasury accepted 12.5 billion across twenty three issues.
This is one of the largest liquidity injections from the Treasury in recent years and a clear sign that officials want smoother market functioning and tighter spreads.
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Expectations: 220,000
Do you see the reaction up or down?
Tap ๐ or ๐
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๐จ๐ณ๐บ๐ธ China's state-owned banks are reportedly buying the US dollar.
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Financial World Updates
๐บ๐ธUS Initial Jobless Claims:
Actual: 191k
Expected: 220k
Labor market still looks tight, not the cooldown the Fed wants.
๐ฅซ t.me/FinancialWorldUpdates
Actual: 191k
Expected: 220k
Labor market still looks tight, not the cooldown the Fed wants.
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Meta's stock ($META) has surged more than 5% after CEO Mark Zuckerberg indicated that the company is considering reducing its Metaverse efforts by up to 30%. This move has been anticipated by the market for several years.The decision to scale back Metaverse investments may improve investor sentiment regarding Meta's cost management and profitability, potentially supporting sustained gains in the stock price amid ongoing scrutiny of the division's performance.
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Forwarded from CryptoWorldNews
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Forwarded from CryptoWorldNews
MetaMask officially integrates crypto prediction platform Polymarket into its mobile app.
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๐จ 10% of properties to be sold in China received no bids because there were no buyers, according to Zhongtai International Securities.
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๐บ๐ธ US Senators are proposing a bill that will block NVIDIA chip sales to China for 30 months, according to Financial Times report.
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"Trump Accounts" will feature TAX-FREE contributions with "hundreds of major companies" set to contribute.
25+ million US kids will now receive $1,000 from the Trump Administration, $250 from Michael Dell, and all tax-free contributions made to these accounts.
This will provide TRILLIONS of dollars to kids if invested until age 20+.
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๐ฏ๐ต Big Japanese news organisation Jiji Press says the Bank of Japan is currently assessing the level of the neutral interest rate.
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๐ฎ๐ณ Karnataka state signs MoU with Coinbase to supercharge on-chain innovation, support new startups and boost cybersecurity.
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๐จBREAKING: Japan's 2-Year Yield jumps above 1.032% for the first time since 2008.
Things are not looking good in Japan.
๐ฅซ t.me/FinancialWorldUpdates
Things are not looking good in Japan.
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BNY Mellon and Nasdaq have invested $50 million in Digital Asset Holdings to enhance blockchain infrastructure.
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Over the last 72 hours:
โข Apple's AI Chief steps down
โข Apple's Head of UI Design leaves to Meta
โข Apple's Policy Chief steps down
โข Apple's Head of General Counsel steps down
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๐ช๐บ EU fines Elon Musk's X $140,000,000 for allegedly misleading users with verified badges and not giving them access to its data.
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