Potential signal: I am selling below 17.50, with a stop at 17.65 and a target of 17.28. The US dollar tried to rally against the Peso, but it has since sold off again. Is this a liquidity grab? USD/MXN The US dollar initially rallied against the Mexican peso during trading on Thursday but has seen…
Wendy’s (NASDAQ: WEN) has fallen out of favor among investors. Over the past year alone, shares in the fast-food company have fallen by nearly 50%. Recently, the company has faced stagnant sales and falling profits. Yet while its slide may be justified, I believe that at 10.8 times forward earnings, it’s become one of the most…
Real Madrid are expecting to receive €60million from Italian club Como following renegotiations over Nico Paz. That might sound quite straightforward, but what’s unusual here is the 21-year-old Argentina international midfielder is already a Como player. He joined them from Madrid for €6million (£5.2m; $6.7m at the current rates) in August 2024. So why would…
The trailer for Mahershala Ali‘s upcoming film has disappointed some MCU fans. Ali was once announced as the lead in Marvel Studios’ Blade, a project that has since been stuck in development limbo. Why are Blade fans sad about the new Mahershala Ali trailer? Mahershala Ali is starring in a new Amazon MGM Studios movie…
Ahead of the nation’s 250th birthday, the White House organized something it described as the Great American State Fair, which would help kick off the festivities in the nation’s capital. Even before Wednesday’s launch, however, the event started to unravel. Not only did musical acts withdraw from the gathering, but roughly a fifth of the…
This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. Bad weather prompted the Hong Kong Observatory to issue three rainstorm warnings within 90 minutes on Friday, with the red signal leading…
Key Points After months of record-breaking growth, the market has wobbled recently. The S&P 500 (SNPINDEX: ^GSPC) dropped by around 2% over the past five days, as of this writing, while the tech-heavy Nasdaq Composite (NASDAQINDEX: ^IXIC) dipped by nearly 3.5% in that time. To be clear, short-term fluctuations like this are normal and don’t…
Tottenham Hotspur have reached a total agreement with goalkeeper Antonin Kinsky over a new and improved contract. The new deal will tie the Czech to Spurs for the next five years, with the option of a further 12 months. Kinsky’s existing contract, which he signed when he joined the club from Slavia Prague in January…
Hong Kong authorities have officially extended a buy-back offer to the only residential block spared in the deadly Wang Fuk Court blaze after more than three-quarters of households indicated their intention to sell their flats to the government. Owners of 78 per cent of the flats in the other seven blocks at the Tai Po…
My MacBook has been through the trenches with me — UX/UI design school, late-night freelance deadlines, and way too many coffee shop sessions to count. For a while, I split my setup between a laptop and an iPad. In theory, it worked (the iPad for design work, the laptop for everything else), but carrying both…