Vietnam to Build $67 Billion High-Speed Railway Linking Hanoi and Ho Chi Minh City

Vietnam to Build $67 Billion High-Speed Railway Linking Hanoi and Ho Chi Minh City

Vietnam has announced ambitious plans to construct a high-speed railway stretching over 1,500 kilometers, connecting the capital Hanoi in the north to the southern economic hub of Ho Chi Minh City. The landmark project, valued at $67 billion, was approved...
TD Bank

TD Bank Appoints Georgia Stavridis as VP of Financial Crimes Risk Management Amid Compliance Overhaul

TD Bank has made a high-profile addition to its compliance and risk management team, hiring Georgia Stavridis from the Royal Bank of Canada (RBC) as vice president in financial crimes risk management, a newly created role. The move signals TD’s...
Japanese Markets

Asia Embraces Japan-Inspired Reforms to Boost Shareholder Returns

A new wave of corporate reform is sweeping across Asia, inspired by Japan’s decade-long efforts to enhance shareholder returns, improve corporate governance, and elevate market valuations. From Seoul to New Delhi, governments and regulators are adopting strategies akin to Japan’s,...
Tesla Inc.

JPMorgan Drops $162 Million Lawsuit Against Tesla Over Stock Warrant Dispute

JPMorgan Chase & Co. has agreed to withdraw its long-standing lawsuit against Tesla Inc., ending a three-year legal battle over stock warrant transactions worth $162 million. Both parties announced the decision in a joint one-page court filing on Friday, indicating...
Chinese economy and factory

China’s Factory Activity Expands Again in November Amid Stimulus Boosts, but Trade Threats Loom

The Chinese economy and factory activity expanded modestly for the second consecutive month in November, bolstered by government stimulus measures. The official Purchasing Managers' Index (PMI) released by the National Bureau of Statistics (NBS) rose to 50.3—a seven-month high—up from...
Tesla

JPMorgan Chase Drops Lawsuit Against Tesla Over Stock Warrants

U.S. financial giant JPMorgan Chase announced on Friday that it had agreed to drop its high-profile lawsuit against Tesla. The lawsuit accused the electric vehicle maker of breaching a 2014 contract related to stock warrants. This agreement marks the end...
US dollar

Dollar Heads for Biggest Weekly Loss in Three Months Amid Waning Confidence in “Trump Trade”

The US dollar is heading for its most significant weekly decline in three months, as investors reevaluate the so-called "Trump trade" that has fueled its upward trajectory since the US presidential election. The greenback slipped by 0.2% on Friday, extending...
China Home Sales

China’s Home Prices Expected to Fall Slower, Stabilize by 2026

China's real estate market, which has endured a prolonged slump since 2021, is showing signs of potential recovery as recent support measures start to take effect. According to a Reuters poll conducted between November 15-28, home prices are anticipated to...
Crude Oil

Oil Prices Mixed Amid Geopolitical and Supply Uncertainties

Oil prices showed mixed movement on Friday as markets reacted to escalating geopolitical tensions in the Middle East and delays in OPEC+ discussions on production policy. Brent crude futures dipped slightly by 7 cents, or 0.1%, to $73.21 a barrel,...
Bitcoin

Bitcoin ETFs on Track for Record Inflows Amid Historic Surge Toward $100,000

The cryptocurrency market, U.S. Bitcoin exchange-traded funds (ETFs) are poised to record their highest-ever net inflow, fueled by Bitcoin’s meteoric rise toward the $100,000 milestone. A renewed wave of optimism surrounding the digital asset market has been spurred by President-elect...
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