Hannah Kobayashi never mentioned Mexico travel plans despite crossing: family

Missing Hawaii woman Hannah Kobayashi’s family will continue searching for the 30-year-old despite police assertions that the woman, who has not been heard from by family or friends for 21 days, crossed the border into Mexico of her own accord. On Monday, Los Angeles Police Department Chief Jim McDonnell said surveillance footage and other evidence … Read more

What’s good for China has been very bad for General Motors

General Motors Co. Chief Executive Officer Mary Barra has said that China’s crowded market is a “race to the bottom.” For GM, it’s a contest that’s left the automaker saddled with losses and rethinking its options. The American carmaker revealed Wednesday that it would take charges and asset writedowns of more than $5 billion for its investment … Read more

‘Ready to set up our manufacturing operations in India’: Russian President Vladimir Putin

Russian President Vladimir Putin said that the country is ready to set up manufacturing operations in India. The Indian government quoted Putin saying in a statement on Thursday that Russian oil producer Rosneft invested $20 billion in India recently.  According to the statement, Putin, at the 15th VTB Russia Calling Investment Forum on Wednesday said, … Read more

South Korean president under pressure as impeachment vote looms

South Korean President Yoon Suk Yeol is facing mounting pressure to resign over his failed attempt to impose martial law, as parliament moves closer to a vote on his impeachment. The capital Seoul has seen a second day of street protests demanding Yoon’s resignation while police said he was being investigated for “insurrection”. The opposition … Read more

BlackRock sees ‘exceptionalism’ powering US stocks higher in 2025

US stocks have led the equity market in recent years and strategists at BlackRock’s Investment Institute don’t see that narrative changing in 2025. “Currently, across all the scenarios in the outlook, the platform is gravitating towards the US corporate strength scenario, which is another way of calling for US exceptionalism,” BlackRock Investment Institute chief investment … Read more