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CNBC
- Stocks were little changed Tuesday as a rally to record levels took a pause.
- South Korea's won on Tuesday cut losses after the country's parliament swiftly passed a resolution to demand the lifting of martial law.
- Investors are betting there will be more gains to be found in the equal-weighted index as opposed to the market-cap benchmark following this year's rally.
- These are some of the stocks posting the largest moves in midday trading.
- European markets closed higher Tuesday, with investors keeping an eye on political upheaval in France this week.
- Trump has pledged to "end Biden's delays in federal drilling permits and leases that are needed to unleash American oil and natural gas production."
- The investment bank believes the value of the dividend growth is "not reflected" in the stock price and is "underappreciated" by the market.
- While he made similar statements on the 2024 campaign trail, it was the first time that Trump had spoken about the deal since he won a second presidential term last month.
- The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.
- The motion will be debated at 4 p.m. on Wednesday, expected to be followed by a vote later in the evening.
- Microsoft was accused of unfairly overcharging customers of rival cloud companies including Amazon, Google and Alibaba Cloud in a U.K. lawsuit filed Tuesday.
- Prominent AI scientist Max Tegmark said the narrative of a geopolitical battle between the U.S. and China racing to build the smartest AI is a "suicide race."
- Asia-Pacific markets traded higher on Tuesday, tracking gains on Wall Street after the S&P 500 and the Nasdaq Composite rose to new records.
- Shares of major Asian chip stocks mostly rose on Tuesday, shrugging off the U.S. announcing new emiconductor export controls on China.
- Elon Musk's pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.
The Wall Street Journal
- The flare-up in fighting highlights the ambiguities within the deal over how the cease-fire should be enforced.
- Yoon Suk Yeol, the country’s leader, had said the nation was being held hostage by opposition parties he accused of antistate activities.
- After his 100% tariffs warning to Brics nations, some economists say the president-elect risks accelerating the pursuit of alternatives to the greenback.
- Pakistan turned to Beijing to solve a crippling energy shortage. Now, the country is crushed by debt and sky-high energy prices—and its economy is spiraling.
- The deluge of inexpensive items washing over the developing world is jacking up tensions between China and the Global South, complicating Beijing’s plans to build alliances as it confronts trade tensions with the U.S.
- In a shift, the Ukrainian president indicates he would accept a cease-fire with Russia if his country obtains NATO membership.
- Once affiliated with Islamic State and al Qaeda, rebel leader Abu Mohammed al-Jawlani professes religious tolerance. Many have doubts.
- The strikes come as President Bashar al-Assad’s government moved to repel rebels who took control of the city in a recent lightning offensive.
- The far-right leader said she was prepared to back a vote of no confidence in the government in the days to come.
- A series of top-level diplomatic maneuvers preserved France’s pivotal role in monitoring the cease-fire.
- The country looks set to return a coalition led by a governing duopoly, in a result that reflects the nation’s unique economic position.
- Israel says 97 hostages abducted on Oct. 7 remain in captivity, including the bodies of at least 35.
- During his visit to the U.S., Taiwan’s president appeared to respond to some of the criticisms Trump has directed at the country.
- A U.S. destroyer can fire dozens of cruise missiles within minutes, but reloading back in port can take two months. In a war against China, that could be a fatal weakness.
- Airstrikes aim to weaken supply lines feeding a resurgent Islamist rebel movement.
FINANCIAL TIMES
- Markets fall as lawmakers and the head of state wrestle for control
- PM’s ‘political list’ said to be long even as he axes 92 hereditary peers to trim the size of the Lords
- Troubled utility faces fines of £400mn by March 2027 as it tries to avoid renationalisation
- Are American pathologies the necessary price of economic dynamism?
- Premier’s diplomatic skills run out of rope with far-right opposition
- Taint of latest scandal overshadows bank’s growing earnings and could have long-lasting consequences
- In pardoning his son, the president has ensured that the distance between himself and Trump is now shrouded in fog
- Former wealth management staff arrested after allegedly setting customers’ house on fire
- Supply chains are ‘deeply intertwined’, says Premier Li Qiang ahead of summit
- Convicted former justice minister helps deliver resounding electoral victory for leftwing alliance