B↑2📆 Headline Digest

• Israel and Hamas reach Gaza ceasefire and hostage deal

The war has been going on for 15months. Israeli government expected to accept.

• TikTok’s U.S. operations could be worth as much as $50 billion if ByteDance decides to sell

TikTok has 115m monthly users in the US, Instagram has 131m. Kevin O’Leary put in an offer at $20b.

• TikTok prepares to shut down app in US on Sunday, sources say

The Washington Post reportedly says Trump may suspend the enforcement for 60-90days.

• Hindenburg Research founder says he’s closing short-seller research shop

Hindenburg Research is famous for shorting Nikola.

• Apple fourth-quarter iPhone shipments in China drop 25% as Huawei closes in, Canalys data shows

Huawei’s shipment rose 24%, bringing the market shares of the two companies to a tie.

• UK borrowing costs plunge, heading for first daily decline in 2025 as inflation fears ease

Yields fall after seeing softer CPI in the US.

• US inflation relief dents dollar, yen gains ahead of BOJ

Dollar slipped near 1% compared to JPY

• Japan wholesale inflation steady near 4%, keeps alive BOJ rate-hike chance

BOJ governor Ueda may raise rates in the Jan 23-24 meeting.

• Exclusive-Apple in talks with Barclays, Synchrony to replace Goldman in credit card deal, sources say

• Bank of Korea unexpectedly holds policy rate amid won slide

Only 7 out of 34 economists polled by Reuters forecasted rates to stay flat at 3%

• Trump’s US Treasury pick Bessent says dollar must remain world’s reserve currency

• US stock futures steady after Wall St rallies on soft CPI, strong bank earnings