Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
China’s Small Bank Consolidation Struggles as Profits Fall and Risks Persist 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
ASX Shares Slide After ASIC Imposes A$150 Million Capital Requirement 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
Frontier Airlines Eyes Spirit Takeover Amid Bankruptcy Discussions
Frontier Airlines is reportedly considering another bid to acquire Spirit Airlines, as Spirit negotiates with debtholders over a potential bankruptcy filing, according to a Wall Street Journal report.
The two budget airlines have engaged in recent talks about a possible acquisition, though no final agreement has been reached. Any potential deal is expected to occur as part of Spirit's ongoing bankruptcy negotiations.
Earlier this week, Spirit extended a deadline to refinance $1.1 billion in debt due by the end of the year, highlighting its financial struggles. The airline's debt challenges have intensified discussions of a takeover.
Frontier and Spirit have had a long-standing history of merger attempts dating back to 2016. A $2.9 billion deal between the two was reached in 2022 but was disrupted by a competing bid from JetBlue Airways. JetBlue ultimately won the bidding war, although the U.S. government blocked the merger over concerns about reduced competition in the airline industry.
Meanwhile, Frontier is dealing with its own challenges, facing a strike involving over 2,000 pilots who are demanding better pay and benefits.
