US suspends export curbs as TikTok deal expected to advance

AIG and Onex have teamed up to acquire specialty insurer Convex in a significant $7 billion deal. This partnership not only strengthens AIG's position in the insurance market but also highlights the growing interest in specialty insurance sectors. The acquisition is expected to enhance AIG's offerings and provide more tailored solutions for clients, which is crucial in today's competitive landscape.

TSX futures are showing a slight uptick as traders assess the implications of a potential U.S.-China trade agreement. This development is significant as it could lead to improved market conditions and investor confidence, reflecting a more stable economic outlook. The ongoing negotiations between these two major economies are crucial for global trade dynamics, and any positive news could bolster market performance.

In a significant diplomatic breakthrough, the leaders of the US and China have agreed to a one-year trade truce following talks between Trump and Xi at a summit in South Korea. This agreement postpones export restrictions on critical materials like rare earths and semiconductors, which are vital for various industries. This truce not only eases tensions between the two economic giants but also provides a much-needed stability in global markets, benefiting businesses and consumers alike.

Exciting news is on the horizon as US Treasury official Bessent suggests that a trade deal between China and the United States could be signed as early as next week. This development is significant because it could ease tensions between the two largest economies in the world, potentially leading to improved trade relations and economic stability. A successful agreement would not only benefit businesses in both countries but also have a positive ripple effect on the global economy.

Following a significant meeting between President Trump and President Xi, the US has announced a one-year halt on entity restrictions. This decision is seen as a positive step towards improving diplomatic relations and fostering economic cooperation between the two nations. It highlights a willingness to engage in dialogue and potentially resolve ongoing trade tensions, which could benefit both economies.

China and the United States are driving a significant increase in global power demand, with renewable energy sources projected to account for 55% of this growth. This shift is crucial as it highlights the commitment of these major economies to transition towards cleaner energy, which is essential for combating climate change and ensuring sustainable development. The rise in renewables not only supports energy security but also creates new economic opportunities in the green sector.

Hershey Co. has reported softer Halloween sales in the US, which is a concern for the company. However, they have raised their annual outlook, indicating confidence in their overall performance, largely due to recent price increases. This situation highlights the balancing act companies face between seasonal sales fluctuations and long-term financial strategies.

Taiwan is engaging in trade discussions with the United States at the APEC summit, despite not having reached a tariff agreement yet. This dialogue is crucial as it highlights Taiwan's efforts to strengthen its economic ties with the US amid ongoing global trade tensions. The outcome of these talks could significantly impact Taiwan's trade policies and its position in the Asia-Pacific region.

Meta is making headlines with its ambitious plan to raise at least $25 billion through a bond sale, which could significantly bolster its financial position. This move, involving a dollar-bond sale structured in up to six parts with varying maturities, reflects Meta's confidence in its long-term strategy and market conditions. It's a noteworthy development for investors and the tech industry, as it showcases Meta's commitment to growth and innovation.

Meta is reportedly looking to raise at least $25 billion through a bond offering, according to Bloomberg. This move is significant as it reflects the company's strategy to bolster its financial position amid ongoing market challenges. By tapping into the bond market, Meta aims to secure funds that could be used for various initiatives, including investments in technology and potential acquisitions.

Marine Products reported disappointing earnings for the third quarter of 2025, leading to a decline in their stock price. This miss highlights ongoing challenges in the market and raises concerns among investors about the company's future performance. Understanding these financial results is crucial as they can impact investor confidence and the overall market sentiment.

Roblox has reported a wider loss for the third quarter, but the company is optimistic as it raises its revenue forecast due to strong growth driven by popular video gaming trends. This is significant because it indicates that despite the losses, the demand for Roblox's platform is increasing, suggesting a bright future for the company as it capitalizes on these gaming crazes.

ABVC BioPharma's board has approved a new performance incentive plan that is linked to achieving a $1 billion market cap. This move is significant as it aligns the interests of the company's management with those of its shareholders, potentially driving growth and innovation in the biopharma sector. By setting ambitious targets, ABVC aims to enhance its market position and attract further investment, which could lead to advancements in their product pipeline.

Kazakhstan is engaging in discussions with Exxon Mobil Corp. regarding the expansion of the Kashagan oil field, which is significant as it holds untapped potential for increased oil production. This collaboration could enhance Kazakhstan's energy sector and boost its economy, making it a noteworthy development in the global oil market.