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Vietnamese tycoon faces execution unless she repays 11 billion dollars

Vietnamese prosecutors have ordered property tycoon Truong My Lan to repay approximately $11 billion to avoid execution by lethal injection. The 68-year-old is appealing her death sentence after being convicted of embezzling $12.3 billion from Saigon Commercial Bank, along with bribery and violations of bank lending regulations.
bloomberg.com
United States Dollar Saigon Commercial Bank VNM Truong My Lan
Finance & Economy, News Article
02:00 27.11.2024

Alberta plans to challenge federal cap on oil and gas emissions

Alberta is set to challenge Prime Minister Justin Trudeau's proposed cap on emissions from the energy sector, asserting its right to govern its own resources. The province, home to the world's third-largest crude reserves, plans to introduce legislation to prevent federal overreach into its jurisdiction.
Bloomberg.com
Alberta's government CAN Justin Trudeau
Regulatory & Legal, News Article
01:38 27.11.2024

hong kong university acquires cheung kei center for over 334 million dollars

Hong Kong Metropolitan University has agreed to purchase the Cheung Kei Center for over HK$2.6 billion ($334 million). The property, previously owned by tycoon Chen Hongtian, was sought after by China Mobile Hong Kong. The transaction is expected to be finalized by the end of the year.
Bloomberg.com
Hong Kong Dollar China Mobile Hong Kong HKG CHN Chen Hongtian
Finance & Economy, News Article
01:37 27.11.2024

Jim Cramer urges investors to trust in Big Tech megacaps resurgence

Jim Cramer urged investors not to dismiss Big Tech megacap stocks, highlighting their recent rebound after declines. He noted positive analyst reports for Apple and Amazon, while suggesting that Meta and Microsoft may have benefited from strong sales in AI PCs and Nvidia's new AI product launch. Cramer emphasized the importance of investing in these companies rather than underestimating them.
CNBC
Apple Inc. Best Buy Co., Inc. Meta Microsoft Corporation Amazon.com, Inc. NVIDIA Corporation USA CHN Tim Cook Donald Trump Jim Cramer Show more
Finance & Economy, Market Report
01:27 27.11.2024

gold steady as cease-fire deal reduces haven demand and traders await data

Gold prices remained steady at around $2,630 an ounce following a cease-fire agreement between Israel and Hezbollah, which reduced demand for safe-haven assets. The 60-day suspension of hostilities, anticipated by traders, contributed to a more than 3% decline in gold prices earlier in the week as investors await US economic data that may influence the Federal Reserve's interest rate decisions.
bloomberg.com
Hezbollah ISR
Finance & Economy, Market Report
01:24 27.11.2024

Jim Cramer advocates cryptocurrency as a hedge against national debt concerns

Jim Cramer advocates for cryptocurrency as a hedge against government spending and the growing national debt, stating that concerns over fiscal issues are persistent. He acknowledges the lack of a proven track record for crypto but believes assets like bitcoin and ethereum could be valuable in a diversified portfolio. Cramer remains skeptical about the government's ability to address the debt crisis effectively, citing a lack of political will for unpopular decisions.
CNBC
USA Jim Cramer
Finance & Economy, Transcript
01:08 27.11.2024

infrastructure investment outlook for 2025 navigating opportunities and risks

In 2025, the outlook for private infrastructure is positive, driven by resilient economic growth, above-average inflation, and declining interest rates. While the asset class offers relative value, challenges such as technological disruptions and crowded trades persist, particularly in renewables and digital sectors. Traditional infrastructure remains overlooked, presenting potential opportunities amidst a complex investment landscape.
Asset Management
UBS Friedrich Hayek
TradFi, Market Report
01:08 27.11.2024

market insights on auto parts stocks and company performances

In a recent discussion, Cramer highlighted the strong year-to-date performance of Reddit, calling it "fabulous" and expressing no intention to sell. He raised concerns about Aptiv due to potential reliance on Chinese manufacturing, suggesting AutoZone as a better option. Meanwhile, he advised against investing in ZoomInfo and Super Micro Computer due to insufficient specialty and accounting irregularities, respectively, while expressing skepticism about Dow's growth potential given its high earnings multiple.
CNBC
Aptiv PLC AutoZone, Inc. Super Micro Computer, Inc. Dow Inc. Jim Cramer Show more
Finance & Economy, Transcript
01:06 27.11.2024

chinese partner challenges jaguar land rover in uk market

Jaguar Land Rover faces a new challenge as its Chinese partner, Chery Automobile Co., plans to introduce its upscale Jaecoo brand in the UK. The move aims to compete directly with JLR's Range Rover line by offering more affordable sport utility vehicles.
bloomberg.com
Chery Automobile Co. Jaguar Land Rover plc CHN
Finance & Economy, Market Report
01:01 27.11.2024

Trump's Second Term and Its Impact on Korean Trade Relations

Donald Trump has been elected as the 47th President of the United States, marking the beginning of his second administration. This new term is expected to have significant implications for trade and industries in South Korea, as policies are anticipated to shift under his leadership. Legal professionals are encouraged to stay informed about these developments through tailored news services.
Lexology
Yulchon LLC USA Moon Ye-Bong Park Jae-woo Nam Ho Kim Jun-Mo Park Jae-keun Lee Jae-Hyun Park Jun-yong Choi Yonghee Yoon Sun-hee Kim Jin-kook Lee Sang-Wook Cho Doil Son Show more
Regulatory & Legal, News Article
01:00 27.11.2024
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