Category: Foreign News
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S&P Downgrades Nissan Credit Rating to BB- Amid Profitability Pressures
Tokyo, Japan – November 14, 2025 – S&P Global Ratings has downgraded the long-term credit rating of Nissan Motor Co. (7201.T) from BB to BB-, citing ongoing pressures on profitability and a challenging outlook for the Japanese automaker. The rating revision applies to both Nissan and its overseas subsidiaries, reflecting a cautious view on the
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BHP Held Liable in UK Court Over 2015 Brazil Dam Disaster
London, UK – November 14, 2025 – In a landmark ruling, London’s High Court has determined that BHP Group Ltd (BHP.AX) can be held liable for the catastrophic 2015 collapse of the Fundão dam in southeastern Brazil, a disaster that has been called one of the worst environmental catastrophes in the country’s history. The decision
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Dubai Airshow 2025: Western Jets Dominate Amid China and Russia Aviation Debuts
Dubai, UAE – November 14, 2025 – The Dubai Airshow 2025, the Middle East’s largest aviation and defense event, is set to spotlight new jet orders, aircraft innovations, and geopolitical shifts in global aviation. Scheduled from November 17-21, the biennial show will see Airbus and Boeing vying for orders, while Chinese and Russian aircraft make
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Indonesia Court Halves Investor Land Rights, Raising Concerns Over Nusantara Capital City Project
Jakarta, Indonesia – November 14, 2025 – Indonesia’s ambitious plan to relocate its capital from the overburdened city of Jakarta to Nusantara in East Kalimantan faces a new hurdle after the country’s Constitutional Court ruled to cut the maximum duration of land rights for investors in Nusantara by half. The landmark decision limits land rights
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U.S. and South Korea Announce $350 Billion Trade and Strategic Investment Deal
The United States and South Korea unveiled details of a landmark trade and investment agreement on Friday, featuring a $150 billion South Korean investment in U.S. shipbuilding and an additional $200 billion earmarked for industrial sectors, aimed at strengthening economic and security ties between the two allies. The announcement follows an October meeting between South
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Hong Kong Q3 GDP Grows 3.8% YoY, 2025 Growth Forecast Upgraded
Hong Kong’s economy demonstrated robust growth in the third quarter of 2025, expanding 3.8% year-on-year (y/y), according to official government data released on Friday. This figure marks the city’s 11th consecutive quarter of economic expansion, reflecting resilience in both domestic consumption and international trade. The Q3 GDP growth exceeded the second quarter’s 3.1% increase and
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Two Top Ukrainian Ministers Resign Amid Energoatom Corruption Probe
KYIV, Ukraine — Ukrainian President Volodymyr Zelenskyy on Wednesday requested and received the resignations of two top government ministers amid an ongoing corruption investigation involving the state-owned nuclear energy company, Energoatom. The move underscores growing public and international concern over corruption in Ukraine’s energy sector during the country’s ongoing war with Russia. Justice Minister Herman
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Top Ukrainian Ministers Resign Amid Wartime Corruption Scandal Involving Energoatom
KYIV, Ukraine — Ukraine is grappling with one of its most significant wartime corruption scandals since Russia’s full-scale invasion, as top government officials resign amid an investigation into alleged embezzlement and kickbacks in the country’s energy sector. The scandal involves Energoatom, the state-owned nuclear energy company, and implicates close associates of President Volodymyr Zelenskyy. The
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Major Corruption Probe Into Former Zelenskyy Associate Rocks Ukraine Amid War
KYIV, Ukraine — Ukraine is facing one of its most significant wartime corruption scandals since Russia’s invasion, as investigators have raided the homes of top officials and a former business partner of President Volodymyr Zelenskyy in connection with a sprawling alleged corruption scheme in the energy sector. The investigation has implicated senior government figures and
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Ukraine’s Army Chief Visits Besieged City as Zelenskyy Faces Corruption Scandal
KYIV, Ukraine — Ukraine’s top military commander visited troops on the front lines in the eastern city of Pokrovsk on Thursday, amid fierce fighting with Russian forces, while President Volodymyr Zelenskyy contends with a high-profile corruption scandal that has rocked his administration. The scandal centers on alleged graft in Ukraine’s energy sector, involving the state-owned
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