Hong Kong stocks remain favourable, as attractive valuations and easing tariff uncertainty have enhanced the predictability of corporate earnings on the city’s stock market, according to US fund manager Franklin Templeton. The firm, which manages US$1.5 trillion of assets worldwide, was “constructive” on Hong Kong and mainland China’s stock markets, as the valuations remained reasonable…
Former United States Ambassador to the United Nations, Nikki Haley, warned that US-India relations are at a breaking point and must be repaired quickly if Washington hopes to contain China’s global ambitions. In a Newsweek op-ed published Wednesday, Haley said the Trump administration cannot afford to let tariffs and disputes over Russian oil drive a…
Welcome back to World Brief, where we’re looking at Israel’s preparation to enter Gaza City, NATO’s discussions about security guarantees for Ukraine, and M23 attacks in the Democratic Republic of the Congo. Preparing for a New Offensive The Israel Defense Forces (IDF) will call up around 60,000 reservists to supplement its forces as it prepares…
After qualifying for the Champions League for a third successive season, all eyes are on Europe’s premier competition ahead of the new campaign. We reached the semi-finals of the Champions League in 2024/25 for the first time in 16 years, going out to eventual winners Paris Saint-Germain. 29 of the 36 sides have already been…
Europe’s car-makers are stalling. Germany’s automotive exports fell by a quarter between 2016 and 2023, while Italy’s Stellantis, which owns brands such as Fiat, Peugeot and Jeep, produced about 30 per cent fewer passenger cars in the first six months of 2025 than in the same period in 2024. As the industry struggles with weak…
Six years after Silicon Valley ended its HBO run, at least one tech billionaire is probably happy it’s gone. Kumail Nanjiani, who starred as programmer Dinesh Chugtai on the comedy series parodying the tech industry, recalled meeting Elon Musk and hearing his critique of the series from Mike Judge, John Altschuler and Dave Krinsky. “He…
A trader works on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures were little changed in overnight trading Wednesday following a four-day losing streak for the S&P 500 as tech names dragged the broader market lower. Futures on the Dow Jones Industrial Average were flat. S&P 500…
A federal appeals court has cleared the way for the Trump administration to end temporary deportation protections for more than 60,000 people from Nicaragua, Honduras and Nepal — at least for now. A lower court last month blocked the Department of Homeland Security from ending Temporary Protected Status, or TPS, for the three countries until…
Philadelphia Phillies right-handed pitcher Zack Wheeler landed on the injured list on Saturday. On Monday, he successfully underwent a thrombolysis procedure to remove a blood clot near his right shoulder. In the three games since that operation, the NL East-leading Phillies have responded to losing their ace indefinitely in historic fashion. Advertisement Starting pitchers Ranger…
Laopu Gold Co.’s revenue and profit growth topped estimates in the first half as the Chinese jeweller’s pieces, which blend traditional craftsmanship with rich cultural motifs, soar in popularity among middle class shoppers. Revenue increased 251 percent to 12.35 billion yuan ($1.72 billion) in the first six months of the year, according to a company…