WSJ Minute Briefing JPMorgan Chase Unit Invests in Texas Stock Exchange
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Oct 31, 2025 Qian Wang, Vanguard's chief economist for Asia-Pacific, shares insights on the current landscape of international investments, highlighting favorable stock valuations and dividend yields. He discusses the potential advantages of investing amid possible U.S. dollar depreciation. The episode also covers JPMorgan Chase's significant $90 million investment in the Texas Stock Exchange, reflecting on its implications for the market. Additionally, listeners learn about troubling developments in Darfur and the latest earnings reports from Exxon Mobil and Chevron.
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Wall Street Backs Texas Stock Exchange
- JPMorgan Chase's investment bank led a roughly $90 million investment in the Texas Stock Exchange Group.
- The Dallas-based group has now raised over $250 million aiming to launch in 2026 as an NYSE/NASDAQ alternative.
Darfur Violence Escalates Sharply
- The Rapid Support Forces use drones and execution squads to target Darfur's Black population amid escalating civil war.
- Humanitarian groups warn the violence could surpass the 1994 Rwandan genocide in scale and brutality.
Hospital Massacre Reported In El Fasher
- WHO reported rebels killed all 460 people inside the main ward of El Fasher's only functioning hospital.
- Over 2,000 have been killed and more than 70% of El Fasher's population has fled since RSF advances.