(RTTNews) - Indian shares opened on a buoyant note on Friday as investors remained hopeful that the ceasefire between the United States and Iran would hold.
(RTTNews) - Indian shares opened on a buoyant note on Friday as investors remained hopeful that the ceasefire between the United States and Iran would hold.
旅發局推出全新宣傳標語「只在香港」，希望藉此推介旅客在香港才找到的獨特體驗。文化體育及旅遊局局長羅淑佩就指地緣局勢下，政府推廣旅遊工作會較審慎。 旅發局向立法會匯報工作計劃，宣布推出新宣傳標語。 旅遊發展局總幹事劉鎮漢說︰「旅發局的策略分為三方面，包括多元、獨特及卓越。全新宣傳標語『ONLY IN HONG KONG，只在香港』以亞洲國際都會作為定位，以感受作為核心，描繪出我們在這座城市才能找到的...
旅發局推出全新宣傳標語「只在香港」，希望藉此推介旅客在香港才找到的獨特體驗。文化體育及旅遊局局長羅淑佩就指地緣局勢下，政府推廣旅遊工作會較審慎。 旅發局向立法會匯報工作計劃，宣布推出新宣傳標語。 旅遊發展局總幹事劉鎮漢說︰「旅發局的策略分為三方面，包括多元、獨特及卓越。全新宣傳標語『ONLY IN HONG KONG，只在香港』以亞洲國際都會作為定位，以感受作為核心，描繪出我們在這座城市才能找到的獨特體驗。」 旅發局預計，今年過夜旅客平均留港日數及人均花費分別3.1晚及5,530元，與去年持平。政府認為在中東局勢等陰霾下，有關預期是樂觀的旅遊指標，政府在推廣工作上也會審慎行事。 文化體育及旅遊局局長羅淑佩稱︰「當然目前中東形勢我們要小心，資源我們預算了， 但何時是最佳時間投放，譬如我現在會不會『拉大隊』組團去中東推廣香港旅遊呢？我相信在這一個階段我們當然要審慎。」 羅淑佩指，政府會繼續大力發展盛事經濟，但新興盛事需要累積經驗；又指未來本港旅遊重點，包括吸引更多海外旅客到港延長其留港時間及發展「一程多站」旅遊，但不會就「一程多站」成效，訂下「硬指標」。
The Indian rupee has become Asia’s best-performing currency since the central bank cracked down on speculation late last month, with most positions unwound ahead of Friday’s deadline, traders said. The currency has gained 2.5% since the first curbs were announced on March 27, outpacing peers such as the Thai baht and South Korean won. The rupee rose 0.2% to 92.4625 per dollar on Friday and is head...
The Indian rupee has become Asia’s best-performing currency since the central bank cracked down on speculation late last month, with most positions unwound ahead of Friday’s deadline, traders said. The currency has gained 2.5% since the first curbs were announced on March 27, outpacing peers such as the Thai baht and South Korean won. The rupee rose 0.2% to 92.4625 per dollar on Friday and is headed for a second straight week of gains. The Reserve Bank of India’s deadline to limit banks’ daily open positions to $100 million takes effect at the end of Friday’s trading. The authority has also banned lenders from offering non-deliverable rupee contracts to clients. The restrictions have coincided with a temporary ceasefire in the Middle East, lifting risk appetite. “Most banks may already be within their net open position limits now, with aggressive squaring off seen over the past week,” said Kunal Sodhani , head of treasury at Shinhan Bank India. “The RBI has been successful in breaking the onshore-offshore arbitrage loop, reducing speculative leverage and reasserting pricing power back onshore.” Read More: Biggest Currency Curbs in Years Risk Investor Flight From India Challenges remain, however, with outflows in local assets and elevated oil prices weighing on the outlook. Global funds have pulled nearly $3 billion from stocks so far this month, extending a selling streak to a record 24 trading sessions. Stilt, the RBI’s drastic steps have caused dislocations across markets. Foreigners have sold nearly $1 billion of index-eligible bonds since the curbs were announced amid a spike in hedging costs. The spreads between onshore and offshore rates have also widened, with the one-month gap at 78 paise versus 4 paise before the curbs were announced. “We are maintaining a broadly neutral stance on Indian assets,” said Prashant Singh , senior portfolio manager at Neuberger Berman. “While the onshore bond yields have started to look attractive, the external developments will...
BlackJack3D Artificial intelligence lab Anthropic ( ANTHRO ) is exploring the possibility of designing its own chips, as the company and its rivals respond to a shortage of AI chips needed to power and develop more advanced AI systems, Reuters reported on Thursday. The plans are in early stages and the company may still decide to only buy AI chips and not design any, the report added. The compa...
BlackJack3D Artificial intelligence lab Anthropic ( ANTHRO ) is exploring the possibility of designing its own chips, as the company and its rivals respond to a shortage of AI chips needed to power and develop more advanced AI systems, Reuters reported on Thursday. The plans are in early stages and the company may still decide to only buy AI chips and not design any, the report added. The company has yet to commit to a specific design or put together a dedicated team to work on the project. Demand for its AI model Claude has accelerated in 2026, with the startup's run-rate revenue now surpassing $30B, up from about $9B at the end of 2025, Anthropic said earlier this week. The San Francisco-based company uses a range of chips, including tensor processing units (TPUs) designed by Alphabet's ( GOOGL ) ( GOOG ) Google and Amazon's chips ( AMZN ) to develop and run its AI software and chatbot Claude. The company earlier this week also signed a long-term deal with Google and Broadcom ( AVGO ) which helps design the TPUs. That deal builds on the company's commitment to invest $50 billion in strengthening U.S. computing infrastructure. More on Anthropic Anthropic Is Taking Over Enterprise Wall Street Lunch: Anthropic Tries To Contain Claude Code Instruction Leak Anthropic's IPO: What You Need To Know Bessent, Powell call urgent meeting with bank CEOs about Anthropic model risks Anthropic staff sell some shares but also hold on in tender offer: report
Tak Yeung/iStock Editorial via Getty Images By Elior Manier Cryptocurrencies haven't found steady momentum for a rally during major market swings. Recent dynamics have helped ease the harsh selloffs seen over the past six months. There has been a shift toward alternative assets amid a market-shattering conflict. Bitcoin ( BTC-USD ) reached its 50% retracement from its $120,000 record highs, coinci...
Tak Yeung/iStock Editorial via Getty Images By Elior Manier Cryptocurrencies haven't found steady momentum for a rally during major market swings. Recent dynamics have helped ease the harsh selloffs seen over the past six months. There has been a shift toward alternative assets amid a market-shattering conflict. Bitcoin ( BTC-USD ) reached its 50% retracement from its $120,000 record highs, coinciding with the mining of its 20 millionth unit. Additionally, Jane Street has reportedly stepped back from alleged market manipulations. What will prompt crypto supporters to drive prices upward again? As always, this remains a million-dollar question. As investors and traders, our focus should be on preparing for upcoming opportunities by identifying entry and exit points, setting action criteria, and developing a robust strategy. When preparation meets opportunity, investors may find that the current environment could favor them. While stock markets have recovered more than 50% of their wartime losses, cryptocurrencies are still aiming to generate more ecstatic returns at the top of the cross-asset performance board. Before diving into Bitcoin and Ethereum ( ETH-USD ) charts, let's examine a few market dynamics. ETF inflows and outflows Cryptocurrencies ETF Flows – Source: CoinGlass. April 9, 2026 Crypto ETFs have finally eased their persistent outflows seen since October, with a bottom in mid-February and an actual, slow but consistent growth. Ethereum has actually dominated the recent turn, but there is more work to do – runs always start (particularly for altcoins) when the second largest crypto awakens. A look into the Crypto Market Cap Total Crypto Market Cap – Daily Chart. April 9, 2026 – Source: TradingView The crypto market cap is showing some positive signs after bottoming in mid-February and slowly building higher lows, indicating that the bulk of the selloff is now behind us. The move higher from Monday allowed it to breach the 50-day moving average and the down...
China summoned the country’s leading battery makers for a second time in a little over three months, reinforcing a call to restrict capacity expansion and avoid the price wars that have damaged other renewable-energy industries in the past. Several government agencies, including the Ministry of Industry and Information Technology , called on 16 manufacturers of electric-vehicle and stationary batt...
China summoned the country’s leading battery makers for a second time in a little over three months, reinforcing a call to restrict capacity expansion and avoid the price wars that have damaged other renewable-energy industries in the past. Several government agencies, including the Ministry of Industry and Information Technology , called on 16 manufacturers of electric-vehicle and stationary batteries to step up efforts to improve product quality and safeguard intellectual property, as well as controlling growth. The companies should “thoroughly understand the significance and urgency” of resisting unreasonable and improper competitive behavior, the ministry said in a statement after the meeting on Thursday. Promotional activities by local governments to attract investment in the sector should also be regulated, it said. Battery makers’ shares surged on Friday, with Gotion High-tech Co. and Shenzhen Xinyuren Technology Co. jumping by their respective daily limits. Companies including Shenzhen Desay Battery Technology Co. advanced in the high single-digits in percentage terms. Read More: China Urges Battery Makers to Avoid Overcapacity, Price Wars The latest gathering appeared to take a stricter tone than a similar meeting in January and comes at a critical time for China’s battery industry. Producers – particularly those involved in energy storage – have largely delivered a strong performance over the past year as the global energy transition drives demand at home and abroad. More recently, fossil-fuel supply disruptions from the war in the Middle East have made energy security a more urgent issue for import-dependent nations. War-related demand is already supporting profits at some Chinese battery makers, while others have announced capacity expansions to capitalize on surging demand. However, the pattern has raised concerns in Beijing due in part to its parallels with the solar industry’s post-2021 cycle, when surging demand triggered a wave of investment that ul...
Hi, this is Allen Wan in Shanghai. This week, I’ve been watching wall-to-wall coverage of Cheng Li-wun, the first head of Taiwan’s Beijing-friendly Kuomintang to visit China and meet with its leader after a ten-year hiatus for her “reconciliation” trip. And in a dramatic contrast to the harsh rhetoric Beijing usually levels at her so-called “separatist” rival, President Lai Ching-te, the mood musi...
Hi, this is Allen Wan in Shanghai. This week, I’ve been watching wall-to-wall coverage of Cheng Li-wun, the first head of Taiwan’s Beijing-friendly Kuomintang to visit China and meet with its leader after a ten-year hiatus for her “reconciliation” trip. And in a dramatic contrast to the harsh rhetoric Beijing usually levels at her so-called “separatist” rival, President Lai Ching-te, the mood music has been positive. In his opening remarks just now, President Xi Jinping called for cooperation and peace. Cheng echoed the message, saying both sides should seek to prevent war and expressed hope that the Taiwan Strait separating the two governments won’t become a “chessboard for external interference.” That would be music to Xi’s ears, given his ardent opposition to what he considers foreign meddling. It also helps explain why the 56-year-old chairperson of the KMT is getting the rock star treatment. Like so many political machinations around the world right now, it partly traces back to US President Donald Trump, who’s set to visit Beijing for a summit with Xi in mid-May — if he can wrap up his war in Iran by then. By engaging with Cheng, who has publicly stated her support for the 1992 consensus framework that recognizes both sides of the Taiwan Strait falls under “one China” — without defining what China means — Beijing is reminding the US president that plenty of people in Taiwan favor friendlier ties with Beijing. It’s a non-too-subtle rejection of the approach of military deterrence pursued by Taiwan’s current leader. And part of that deterrence is a $14 billion US arms deal — one of the largest ever to Taiwan — that Trump has been holding off approving to avoid jeopardizing his landmark meeting with Xi. In a February call, China’s president urged his US counterpart to handle such matters with the “utmost caution.” Xi may be hoping that Cheng will pass along that same message to Lai. He has been unable to get the opposition-majority parliament to approve an additi...
The average one-year price target for América Móvil, S.A.B. de C.V. - Depositary Receipt (NYSE:AMX) has been revised to $26.79 / share. This is an increase of 24.91% from the prior estimate of $21.45 dated February 3, 2026. The price target is an average of ma
The average one-year price target for América Móvil, S.A.B. de C.V. - Depositary Receipt (NYSE:AMX) has been revised to $26.79 / share. This is an increase of 24.91% from the prior estimate of $21.45 dated February 3, 2026. The price target is an average of ma