US dollar stabilizes as September Fed hike bets remain subdued. Market volatility stays low, but thin liquidity could amplify movements. Key UK data could challenge pound strength; euro craves bullish catalysts. Middle East tensions could upset markets; yen weakness persists. Dollar gains, equities trade sideways but bond yields rise It has been a relatively monotonous…
Speaking at a recent forum, Chief Executive John Lee Ka-chiu said the Hong Kong Special Administrative Region’s high-quality economic development will be guided by its first five-year plan and the upcoming Policy Address, with artificial intelligence as the “central plank”. He added that the SAR’s advantages under the “one country, two systems” framework, and its…
The S&P 500 index (^GSPC +0.54%) is on an incredible run. It put up total returns exceeding 17% in each of the past three calendar years. And in 2026, the total return so far has been 14% (as of Aug. 11). This kind of stellar performance doesn’t prevent investors from constantly thinking about the possibility…
Celta Vigo’s season-opening La Liga match against Osasuna has been postponed after a fungal outbreak affected the pitch at Estadio de Balaidos, the Spanish club said on Thursday. Celta had been due to host Osasuna on Sunday, but the fixture was postponed with the decision agreed by both clubs and the Spanish Football Federation (RFEF)…
Conceptual diagram of AI Photo: VCG Tencent Holdings Ltd’s financial report for the second quarter of 2026 has quickly captured market attention, especially for its massive spending on artificial intelligence (AI) infrastructure. While the company’s second-quarter revenue reached 204.8 billion yuan ($30.4 billion), up 11 percent year-on-year, its capital expenditure was 52.8 billion yuan, a…
Coffee cup and coffee beans on table by Portumen via Shutterstock September arabica coffee (KCU26) is down -6.20 (-1.82%), and September ICE robusta coffee (RMU26) is down -96 (-2.55%). NY arabica coffee prices today fell back from Tuesday’s 1-month high, which was prompted by the massive earthquake that hit Colombia on Monday and the subsequent…
Doug Liman’s next film, Snake Island, will be a political thriller inspired by the Nord Stream pipeline sabotage. The upcoming film has now added Oscar winners Sean Penn and Adrien Brody to its cast. Liman has already started filming the thriller in Croatia, where production will continue till September. As reported by World of Reel,…
Last May, Prime Minister Mark Carney announced a national electricity strategy aimed at building Canadian energy independence, lowering costs to consumers, and reducing climate destabilizing emissions. “Canada’s electricity system is currently fragmented across provincial and territorial grids, costing us billions of dollars in outages, duplicative infrastructure, and wasted power,” Carney’s government explained at the time. Building a…
Microsoft, which almost exited the market a decade ago, is using the global appetite for artificial intelligence (AI) and cloud infrastructure services to stay in China amid heightened geopolitical tensions and more competition from local players. While competitors like Google exited the mainland market years ago over censorship and security concerns, Microsoft maintained deep connections…
The composite waiting time for general applicants for long- and short-term subsidised public rental housing in Hong Kong has edged up slightly to 4.8 years at the end of June, authorities have said, adding that a higher proportion of coveted homes in urban areas was allocated in the second quarter. Despite an increase in the…