Biggest Ever ICE Raid in U.S. Hits Hyundai Plant Nearly 500 South Koreans Detained

Biggest Ever ICE Raid in U.S. Hits Hyundai Plant Nearly 500 South Koreans Detained

U.S. immigration agents have carried out a massive raid at a Hyundai factory site in Georgia, arresting 475 people in what officials are calling the largest single-site operation in Homeland Security’s history. The 3,000-acre facility, built by Hyundai to produce electric vehicles, has been running for about a year. Homeland Security officials said the raid…

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Wall Street Bank Makes Big Bitcoin Comeback Here’s What It Means for Investors

Wall Street Bank Makes Big Bitcoin Comeback Here’s What It Means for Investors

U.S. Bank is bringing back cryptocurrency custody services for institutional investment managers, a move that highlights how digital assets are becoming more integrated into traditional finance. The bank is relaunching support for bitcoin and bitcoin exchange-traded funds (ETFs) through an early access program for its Global Fund Services clients. NYDIG, a well-known bitcoin infrastructure provider,…

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US Cracks Down on TSMC’s China Tech Exports in Escalating Chip War

US Cracks Down on TSMC’s China Tech Exports in Escalating Chip War

The United States has revoked Taiwan Semiconductor Manufacturing Company’s (TSMC) license to ship advanced technology from the US to China, the company confirmed. The move could complicate operations at TSMC’s facility in China, which makes older-generation chips. Washington issued similar restrictions on South Korea’s Samsung and SK Hynix last week, making it harder for them…

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Saudi and Iraqi Oil Giants Cut Supplies to India’s Nayara Amid Sanctions Pressure

Saudi and Iraqi Oil Giants Cut Supplies to India’s Nayara Amid Sanctions Pressure

Saudi Aramco and Iraq’s state oil firm SOMO have stopped shipping crude to India’s Nayara Energy after European Union sanctions hit the Russian-backed refiner, according to people familiar with the matter. The move forced Nayara, which is majority-owned by Russia’s Rosanne and other Russian entities, to rely entirely on Russian crude in August, shipping data…

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