MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
Shell M&A Chief Exits After BP Takeover Proposal Rejected 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions 
Coca-Cola’s Proposed Sale of Costa Coffee Faces Uncertainty Amid Price Dispute 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Robinhood Expands Sports Event Contracts With Player Performance Wagers 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Ford Takes $19.5 Billion Charge as EV Strategy Shifts Toward Hybrids 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
Singapore jumped from fourth to third spot behind New York and London in the twice-a-year Global Financial Centers Index (GFCI) to unseat Hong Kong as Asia's premier financial center.
GFCI assesses 119 cities around the world.
Hong Kong has adhered to a version of China's strict zero-COVID rules throughout the pandemic, battering the economy and deepening a brain drain as rival business hubs reopen.
The city still mandates three days of hotel quarantine for all international arrivals while its border with the Chinese mainland is mostly closed.
In contrast, Singapore successfully shifted to endemicity earlier this year and has reopened without restrictions.
Singapore is hosting numerous financial and business conferences in the coming months on top of the Formula 1-night race next week.
About four million people are expected to visit Singapore this year.
The Hong Kong government said it would continue to listen to views and be bold in taking forward reforms to consolidate and strengthen its capital market and its role as an international financial center.
