South Korea joins growing number of countries imposing sanctions on Prince Group as probe into Cambodian scams widens

The measures are Seoul’s first independent sanctions regarding transnational crime and the “largest single sanction measure in history.”
Baidu is emerging as a major AI chip player in China to fill the Nvidia gap

China’s focus on pushing domestic chips could make Baidu’s chip unit, Kunlunxin, a fast-growing business for the company.
Trump says U.S. to ‘permanently pause migration from all Third World Countries’ after DC shooting

The president said he would also terminate “millions” of admissions under his predecessor Joe Biden and remove “anyone who is not a net asset” to the U.S.
Asia-Pacific stocks trade mixed as Tokyo inflation runs hotter than expected

Traders in Asia will assess key economic data, including inflation data from Tokyo and India’s GDP for its fiscal second quarter, ending September.
Trump says National Guard member dies after shooting, as ambush becomes political flashpoint

President Donald Trump said on Thursday that a National Guard member had died after being shot in an ambush by an Afghan national near the White House.
Stock futures are little changed, with Nasdaq on pace to end 7-month win streak: Live updates

Stocks are on pace for a losing month when trading resumes on Friday.
Bank of America expects a meager gain for stocks next year

The bank expects the broad index to rise around 5% in 2026.
SEC investigates Jefferies over First Brands collapse, report says

The FT said the SEC is looking into whether Jefferies gave investors enough information on their exposure to the failed auto business.
How Google put together the pieces for its AI comeback

The company’s Gemini 3 and Ironwood AI chip are driving Wall Street’s excitement behind Alphabet’s AI comeback, but challenges remain.
Putin breaks his silence on Ukraine peace plan, says Moscow ready for ‘serious’ talks

Russian President Vladimir Putin said the outlines of a draft peace plan agreed by the U.S. and Ukraine could become the basis of a deal to end the war.