Category: finance
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Samsung and Hyundai Announce Major Domestic Investments Following U.S.-South Korea Trade Deal
SEOUL, November 16, 2025 – South Korea’s corporate giants Samsung Electronics and Hyundai Motor Group, along with other major manufacturers, have unveiled substantial domestic investment plans in response to a recently finalized U.S.-South Korea trade agreement. The move comes amid concerns that commitments to invest in the U.S. could potentially weaken domestic manufacturing. Samsung Expands
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Fitch Upgrades Greece’s Credit Rating to BBB Amid Strong Fiscal Performance
ATHENS, November 15, 2025 – Global credit ratings agency Fitch Ratings has raised Greece’s long-term foreign-currency issuer default rating by one notch to “BBB”, citing the country’s robust fiscal position and steady debt reduction. The announcement on Friday reflects Greece’s continued recovery from a prolonged financial crisis and highlights its commitment to fiscal prudence. Strong
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President Trump Invests Over $82 Million in Bonds Across Multiple Sectors, Disclosures Show
WASHINGTON, November 16, 2025 – U.S. President Donald Trump purchased at least $82 million in corporate and municipal bonds between late August and early October, according to financial disclosures released Saturday. The filings, required under the Ethics in Government Act of 1978, reveal a broad range of investments spanning industries that have benefited from recent
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Japanese Public Divided on Military Response to China Over Taiwan, Poll Reveals
TOKYO, November 16, 2025 – A recent Kyodo News survey shows that the Japanese public remains divided over whether Japan should exercise its right to collective self-defense in the event of a Chinese military attack on Taiwan. The poll, released Sunday, found that 48.8% of respondents supported a military response, while 44.2% opposed it, highlighting
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Switzerland Rejects “Deal With the Devil” Claims on U.S. Tariffs, Says Minister Parmelin
Bern, Switzerland – Switzerland has denied accusations that its newly announced tariff framework with the United States represents a concession or “surrender” in the ongoing trade tensions. Swiss Economy Minister Guy Parmelin said on Sunday that the agreement was a strategic move, not a compromise of national interests, and emphasized that the country had not
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Texas Judge Allows Kenvue to Proceed with $398 Million Dividend Amid Tylenol Safety Lawsuit
A Texas judge has cleared the way for Kenvue Inc. (KVUE.N) to pay a $398 million shareholder dividend this month, marking a significant procedural victory for the U.S. consumer health company in a contentious legal dispute over the safety of Tylenol use during pregnancy. The ruling comes as Texas Attorney General Ken Paxton, a Republican
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China Steps Into Global Climate Leadership as U.S. Skips COP30 Summit in Brazil
With the United States absent from the U.N. COP30 climate summit in Brazil for the first time in three decades, China is emerging as a central player in international climate diplomacy. Beijing is not only showcasing its clean energy capabilities but also actively facilitating negotiations and supporting global climate agreements, filling the leadership vacuum left
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Google Ad Tech Antitrust Trial Closing Arguments Pushed Back to November 21
The final plea by Alphabet Inc. (GOOGL.O) and its subsidiary Google to avoid a breakup of its advertising technology business in the United States has been rescheduled to November 21, according to a notice from the U.S. District Court. The hearing, initially set for this Wednesday, will now allow both sides additional time to prepare
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Tesla Requires Suppliers to Exclude China-Made Components for U.S. Vehicles Amid Trade Tensions
Tesla Moves to Exclude China-Made Parts in U.S. Vehicles November 15, 2025 – Tesla Inc. (TSLA.O) is instructing its suppliers to eliminate China-made components from the production of its electric vehicles in the United States, the Wall Street Journal reported. The directive comes amid ongoing U.S.-China trade tensions, fluctuating tariffs, and concerns over supply chain
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Lukoil Engages Potential Buyers for Its Foreign Assets Amid U.S. and UK Sanctions
Lukoil in Talks with Buyers for Foreign Assets Moscow, November 14, 2025 – Russia’s second-largest oil producer, Lukoil (LKOH.MM), confirmed it is in negotiations with potential buyers for its foreign assets after recent sanctions imposed by the U.S. and UK. These discussions follow the collapse of a planned deal with Swiss commodities trader Gunvor, which
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