Japan Weighs New Tax Breaks to Boost Corporate Investment Amid Spending Debate 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
Wall Street Futures Slip as Oracle Earnings Miss Reignites AI Spending Concerns 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
Asian Stocks Slip as Oracle Earnings Miss Sparks AI Profitability Concerns 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
Laos would cede majority control of its electric grid to China Southern Power Grid Co. to stave off a potential debt default.
The power grid shareholding deal was signed between state-owned Electricite du Laos (EDL) and China Southern will further bind Laos to China, its biggest creditor.
A new company would be formed that would operate under Laos government regulation but would take advantage of China Southern’s experiences in power grid construction, operation, and management on top of its financial strength.
Laos energy and mines minister Khammany Inthirath claimed the deal is beneficial for them due to the Chinese firm’s advantages in experience, technology, and human resources.
According to the website of China’s embassy in Laos, the Southeast Asian nation would operate the transmission assets and could gradually repurchase shares.
Power exports are central to Laos’s development plans, and EDLT plans to invest about $2 billion in the local grid and international connections.
China has been accused of “debt-trap diplomacy” to gain a strategic advantage in countries that took out loans taken out under President Xi Jinping’s global “Belt and Road” infrastructure initiative.
