A computer system containing Hong Kong prison employees’ personal data has been hacked, compromising the information of 6,800 current and former staffers. The Correctional Services Department said on Friday evening that a hacker had gained illegal access to one of its IT systems on Tuesday. “After a preliminary investigation, the Correctional Services Department believes the incident involved unau...
A computer system containing Hong Kong prison employees’ personal data has been hacked, compromising the information of 6,800 current and former staffers. The Correctional Services Department said on Friday evening that a hacker had gained illegal access to one of its IT systems on Tuesday. “After a preliminary investigation, the Correctional Services Department believes the incident involved unauthorised access to the internal Knowledge Management System by a hacker, through which the hacker...
Entergy Corp. (NYSE:ETR) is one of the 10 Stocks Investors Are Tracking Now. Entergy rallied for a fifth straight day on Friday, jumping 6.82 percent to close at $109.88 apiece, as investors gobbled up shares after clinching a new deal with Meta Platforms that would result in as much as $2.65 billion in customer savings […]
Entergy Corp. (NYSE:ETR) is one of the 10 Stocks Investors Are Tracking Now. Entergy rallied for a fifth straight day on Friday, jumping 6.82 percent to close at $109.88 apiece, as investors gobbled up shares after clinching a new deal with Meta Platforms that would result in as much as $2.65 billion in customer savings […]
The average one-year price target for Athabasca Oil (TSX:ATH) has been revised to $9.04 / share. This is an increase of 12.72% from the prior estimate of $8.02 dated February 21, 2026. The price target is an average of many targets provided by analysts. The la
The average one-year price target for Athabasca Oil (TSX:ATH) has been revised to $9.04 / share. This is an increase of 12.72% from the prior estimate of $8.02 dated February 21, 2026. The price target is an average of many targets provided by analysts. The la
peshkov/iStock via Getty Images How bad could it get? That is the question on the minds of many investors as the war in the Middle East slogs on with no apparent clarity about, well, anything. Let’s do a quick check-in to see where we are as of this somewhat rainy Friday morning in the Washington, DC environs where we ply our trade. When In Doubt, Equivocate The S&P 500 stock index has lost around...
peshkov/iStock via Getty Images How bad could it get? That is the question on the minds of many investors as the war in the Middle East slogs on with no apparent clarity about, well, anything. Let’s do a quick check-in to see where we are as of this somewhat rainy Friday morning in the Washington, DC environs where we ply our trade. When In Doubt, Equivocate The S&P 500 stock index has lost around 7.2 percent of its value from its last record high, on January 27, to its close on Thursday. That is considerable, but the index has yet to cross either of Wall Street’s technical drawdown lines – a correction, which happens when the peak-trough reversal hits 10 percent, or a bear market, when the damage reaches 20 percent. The relatively measured pace of this drawdown suggests that a multitude of scenarios are at play, with rosier projections imagining a near-term cessation of hostilities and eventual resumption of something approximating normal energy flows from the region to export markets, and less optimistic takes assuming that the absence of an obvious exit ramp today raises the probability of a structural quagmire. What this implies is that, within the current picture of a mid-high single-digit percentage decline in stock prices, you have assumptions ranging from $200 oil to $60 oil by the time summer rolls around, with all the attendant secondary and tertiary effects in the broader economy. About that Broader Economy Let’s step back for a minute from the war and think about that broader economy as it exists today. We have finished tabulating corporate sales and earnings results from the fourth quarter of last year, and it was, in fact, a pretty good quarter. S&P 500 earnings per share grew 13.4 percent over the quarter, a much better result than the 7.1 percent consensus projection economists were making as the fourth quarter got underway. Earnings season for the first quarter of this year will kick off in a couple of weeks, and here too the outlook is fairly cheer...
Indonesia began enforcing restrictions on social media accounts for children under 16 on Saturday, becoming the first country in Southeast Asia to adopt nationwide curbs as governments worldwide take a tougher approach to limit harmful online content.
Indonesia began enforcing restrictions on social media accounts for children under 16 on Saturday, becoming the first country in Southeast Asia to adopt nationwide curbs as governments worldwide take a tougher approach to limit harmful online content.
Rice is harvested by a combine as a grain hauler tractor carries harvested rice at a field in an aerial photograph taken on Chongming Island, Shanghai, China, on Monday, Oct. 13, 2020. The United Nations last week released its gauge of global food prices, which showed costs rose 2.1% in September, mainly driven by grains and vegetable oils. Photographer: Qilai Shen/Bloomberg
Rice is harvested by a combine as a grain hauler tractor carries harvested rice at a field in an aerial photograph taken on Chongming Island, Shanghai, China, on Monday, Oct. 13, 2020. The United Nations last week released its gauge of global food prices, which showed costs rose 2.1% in September, mainly driven by grains and vegetable oils. Photographer: Qilai Shen/Bloomberg
A garlic field with graves in the village of Chenghe, Jiangsu province, China, on Tuesday, Jan. 31, 2023. After imposing three years of sacrifice, Chinese President Xi Jinping's government let Covid tear through the population in two months. Moving on won’t be easy. Photographer: Qilai Shen/Bloomberg
A garlic field with graves in the village of Chenghe, Jiangsu province, China, on Tuesday, Jan. 31, 2023. After imposing three years of sacrifice, Chinese President Xi Jinping's government let Covid tear through the population in two months. Moving on won’t be easy. Photographer: Qilai Shen/Bloomberg
China pledged to continue its support for South Africa on the same day that it emerged that South African President Cyril Ramaphosa had been disinvited from this year’s Group of Seven (G7) summit in France following US threats to boycott the event. On Thursday, Pretoria said that Ramaphosa’s invitation – issued personally by French President Emmanuel Macron at last year’s Group of 20 summit in Joh...
China pledged to continue its support for South Africa on the same day that it emerged that South African President Cyril Ramaphosa had been disinvited from this year’s Group of Seven (G7) summit in France following US threats to boycott the event. On Thursday, Pretoria said that Ramaphosa’s invitation – issued personally by French President Emmanuel Macron at last year’s Group of 20 summit in Johannesburg – had been withdrawn because the organisers did not want a no-show from the United...
After Hong Kong photographer Jacky Lau Kin-sang upgraded his camera systems a few months ago, he was shocked to find that the professional-grade high-capacity SD cards for the set-up cost up to HK$3,000 (US$383) per unit, three times more than expected. But the real shocker for the 42-year-old was that the price of the hard disks he had been purchasing for years to back up his clients’ images also...
After Hong Kong photographer Jacky Lau Kin-sang upgraded his camera systems a few months ago, he was shocked to find that the professional-grade high-capacity SD cards for the set-up cost up to HK$3,000 (US$383) per unit, three times more than expected. But the real shocker for the 42-year-old was that the price of the hard disks he had been purchasing for years to back up his clients’ images also skyrocketed from HK$1,880 to HK$3,880 for a 16TB model. “It means you essentially have to spend...
As China’s property downturn drags on, foreign companies in downstream industries are revamping their business models to cope with a decline in new construction projects, but the country’s stable policy environment is helping to ease the transition, according to an executive at a leading US supplier. Lift giant Otis is looking for new growth momentum in China’s government-led urban renewal drive, ...
As China’s property downturn drags on, foreign companies in downstream industries are revamping their business models to cope with a decline in new construction projects, but the country’s stable policy environment is helping to ease the transition, according to an executive at a leading US supplier. Lift giant Otis is looking for new growth momentum in China’s government-led urban renewal drive, which includes a push to install or upgrade lift systems in ageing apartment buildings, said Judy...
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