TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings 
U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales 
Micron to Buy Powerchip Fab for $1.8 Billion, Shares Surge Nearly 10% 
California Attorney General Orders xAI to Halt Illegal Grok Deepfake Imagery 
China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO 
xAI Restricts Grok Image Editing After Sexualized AI Images Trigger Global Scrutiny 
U.S. Transportation Board Sends Union Pacific–Norfolk Southern Merger Back for Revision 
Baidu Shares Rise in Hong Kong After Apollo Go Robotaxi Launch in Abu Dhabi 
Jamie Dimon Signals Possible Five More Years as JPMorgan CEO Amid Ongoing Succession Speculation 
White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability 
BYD Shares Rise in Hong Kong on Reports of Battery Supply Talks With Ford 
Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition 
Federal Judge Clears Way for Jury Trial in Elon Musk’s Fraud Lawsuit Against OpenAI and Microsoft 
One Percent Rule Checklist For Safer Forex Trading Risk 
Google Seeks Delay on Data-Sharing Order as It Appeals Landmark Antitrust Ruling 
Syrah Resources and Tesla Extend Deadline on Graphite Supply Dispute to March 
Proposed Rio Tinto–Glencore Merger Faces China Regulatory Hurdles and Asset Sale Pressure 
Japan’s Daiwa Securities Group Inc received regulatory approval to launch a majority-owned joint venture providing brokerage and securities underwriting services in China.
Daiwa applied for the establishment of the joint venture to China Securities Regulatory Commission last September.
China’s top securities watchdog approved the venture that would be 51 percent owned by the Japanese brokerage and investment bank.
Beijing State-Owned Capital owns 33 percent while an investment arm of Beijing’s Xicheng District holds 16 percent.
China is opening its financial sector to allow foreign institutions to own majority stakes in securities firms, mutual funds, and insurance companies.
It would be a comeback for Daiwa, which retreated from China in 2014 when it owned 33 percent of a joint venture with a local partner, after failing to control significant market share.
Last year, Nomura Holdings also received approval to launch its 51 percent -owned joint venture in China for asset management, brokerage, investment consulting, and proprietary trading businesses.
