Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal 
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty 
Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz 
Blackstone Leads $400 Million Funding Round in Cyera at $9 Billion Valuation 
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track 
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report 
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
Hyundai Oilbank will export 3.6 million barrels of gasoline and diesel per year to Hawaii beginning next year under a long-term contract, which it expects to serve as a bridgehead for expanding its business in the US mainland.
After first supplying petroleum products to Hawaii in July 2021, Hyundai Oilbank has decided to switch to a long-term contract that allows it to export petroleum products stably under certain conditions.
While the US is an oil-producing country, Hawaii is geographically located in the Pacific Ocean, making Asia an economically advantageous source of petroleum products.
Changes in the market environment are prompting Hyundai Oilbank to diversify its exports to other overseas markets.
Australia's self-sufficiency rate is shrinking due to aging facilities.
Meanwhile, China, South Korea’s largest export market of petroleum products, is expanding refining facilities.
