Category: finance
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Foreign Investors Return to Asian Bonds in October Amid Improved Growth Outlook
Asian bonds saw renewed interest from foreign investors in October, reversing a sharp decline in cross-border purchases the previous month. Improved regional growth prospects and recent U.S. trade agreements in Southeast Asia lifted investor confidence, leading to net purchases of $368 million in key markets including Indonesia, Malaysia, Thailand, India, and South Korea. This reversed
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Bitcoin Falls Below $90,000 as Investor Sentiment Turns Risk-Averse
Bitcoin slipped below $90,000 on Tuesday, marking its lowest level in seven months and signaling a sharp decline in investor appetite for riskier assets. The world’s largest cryptocurrency has erased its 2025 gains, falling nearly 30% from its October peak of $126,000, as traders become increasingly cautious amid broader market uncertainty. In the Asia afternoon
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Novo Holdings Exits UK Medical Firm ConvaTec Through Discounted Share Sale
Novo Holdings, the investment arm controlling obesity drugmaker Novo Nordisk, has fully exited its stake in ConvaTec, the British medical products company, through a discounted share sale. The divestment marks the end of Novo’s long-standing investment in the firm, which began in 2017 and included board representation until 2023. The sale comprised approximately 155 million
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Donald Trump Threatens $5 Billion Lawsuit Against BBC Over Edited Speech
U.S. President Donald Trump announced on Friday that he plans to sue the BBC for up to $5 billion following the British broadcaster’s admission that it wrongly edited a video of a speech he delivered. The announcement comes after the BBC issued a formal apology, calling the edit an “error of judgement,” but maintaining that
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Paramount Skydance Announces Sale of Chilevision to Investor Group
In a strategic move to streamline its global media portfolio, Paramount Skydance (PSKY.O) has announced plans to sell its shares in the entities controlling the Chilean free-to-air television channel Chilevision to Vytal Group, a consortium of investors led by prominent media executives. The deal is part of Paramount Skydance’s broader strategy to focus on direct-to-consumer
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Federal Reserve Hawks Push Back as Traders Bet Against December Rate Cut
WASHINGTON, November 16, 2025 – As the Federal Reserve prepares for its December 9-10 policy meeting, hawkish Fed officials signaled caution on further interest rate cuts, while financial markets rapidly shifted expectations, now pricing in a 60% chance that the central bank will hold rates steady. Diverging Views Among Federal Reserve Policymakers A trio of
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Iran Says U.S. Not Ready for ‘Equal and Fair’ Nuclear Talks
DUBAI, November 16, 2025 – Iran’s government indicated on Sunday that Washington is not prepared for equal and fair negotiations on Tehran’s nuclear programme, following comments from U.S. President Donald Trump suggesting potential discussions. The warning underscores persistent tensions between the two nations over Iran’s nuclear activities and broader regional security issues. Iran’s Position on
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Saudi Arabia Scales Back Salary Premiums for Foreign Talent Amid Economic Shift
ABU DHABI, November 16, 2025 – Saudi Arabia is reducing salary premiums for foreign recruits, according to recruiters, as the kingdom pursues cost rationalization and refocuses its economic priorities. Once generous compensation packages, particularly in construction and manufacturing, are being scaled back as part of the country’s Vision 2030 economic transformation plan. Shift in Focus:
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Boeing Nears Partnership Announcement for T-7 Trainer Export Bid
DUBAI, November 16, 2025 – Boeing (BA.N) is on the verge of announcing a strategic partnership to bid for international sales of its T-7 advanced trainer jet, reflecting growing global demand for lightweight military training aircraft. Company executives revealed the imminent collaboration ahead of the Dubai Airshow, signaling an expansion into key markets in Europe
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Hyundai Motor Group Announces $86 Billion Domestic Investment Following U.S.-South Korea Trade Deal
SEOUL, November 16, 2025 – Hyundai Motor Group revealed plans to invest 125.2 trillion won ($86.47 billion) in South Korea from 2026 to 2030, marking a significant increase from its previous investment of 89.1 trillion won during 2021–2025. The announcement follows the finalization of a U.S.-South Korea trade deal that reduces U.S. tariffs on South
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