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Soros loses $US1b in Trump stock rally

Luckily, Soros exited many of his bearish bets late last year, avoiding further losses.

George Soros lost nearly $US1 billion as a result of the stockmarket rally spurred by Donald Trump's surprise presidential election, the Wall Street Journal reported.

8@eight: US earnings set to kick off

The ASX rally looks set to extend to a fifth day.

The US Q4 earnings season really kicks into gear tonight, with Bank of America (22:45 aedt) and JPM (00:00 aedt) starting the proceedings.

Nigeria trims ties with Taiwan as it courts China

Chinese Ambassador to Nigeria, Zhou Pingjian, left, Chinese Foreign Minister, Wang Yi, centre, are welcome by Nigeria ...

Taiwan objected on Thursday to an "unreasonable" Nigerian request to move its representative office out of the capital Abuja, a day after China announced plans to invest a further $40 billion in the African country.

FBI's actions before US election to be probed

James Comey, director of the Federal Bureau of Investigation.

The inspector general of the US Justice Department says he will investigate the actions of the department and FBI in the months leading up to the 2016 election, including whether department policies were followed by FBI director James Comey.

$US tumbles to five-week lows

The US dollar index is on track to fall 1.3 per cent this week to mark its worst week since that ended November 4.

The Aussie has surged above US75¢, extending its advance so far this year to more than 4 per cent on the greenback's woes.