海事處年中推訪港遊艇一站式報關 船長須經考核才可在港駕駛 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】運輸及物流局表示,海事處今年年中將實施訪港遊艇一站式報關安排,處方亦將要求訪港遊艇船長通過考核才可在港駕船。...
海事處年中推訪港遊艇一站式報關 船長須經考核才可在港駕駛 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】運輸及物流局表示,海事處今年年中將實施訪港遊艇一站式報關安排,處方亦將要求訪港遊艇船長通過考核才可在港駕船。 運物局局長陳美寶:「就內地遊艇的船長本來持有有效駕駛船資格,但是香港確保安全性,所以需要他們掌握本港水域知識,會透過便利的上課措施或評核措施,吸引多些內地遊艇船長駕船來香港。」
da-kuk/iStock via Getty Images Dear Partners, For the fourth quarter, 1 Main Capital Partners, L. P. ("1MC" or the "Fund") returned 3.4%, compared to 2.7% and 2.2% for the S&P 500 and Russell 2000, respectively. 1 2025 Inception Cumulative Annualized 1 Main Capital Partners - net 20.1% 346.9% 20.8% S&P 500 17.9% 176.0% 13.7% Russell 2000 12.8% 74.6% 7.3% ITD is from the Fund's inception, February ...
da-kuk/iStock via Getty Images Dear Partners, For the fourth quarter, 1 Main Capital Partners, L. P. ("1MC" or the "Fund") returned 3.4%, compared to 2.7% and 2.2% for the S&P 500 and Russell 2000, respectively. 1 2025 Inception Cumulative Annualized 1 Main Capital Partners - net 20.1% 346.9% 20.8% S&P 500 17.9% 176.0% 13.7% Russell 2000 12.8% 74.6% 7.3% ITD is from the Fund's inception, February 1, 2018. Click to enlarge 1MC's goal remains to generate strong long-term performance, without taking on excess risk. In the context of such an objective, there is little use reading too much into a given year. Fortunately, our since-inception results reflect sustained progress towards achieving that goal and validation of the strategy. 1MC's three largest holdings in 2025 were our largest winners (IWG, BFit and DNTL), contributing a combined 30% gross (25% net). DNTL was acquired by GTCR while we continue to hold material positions in IWG and BFit, which account for just under half of our capital. Meanwhile, the Fund's three largest detractors in 2025 (SUP, WATR, PRKR) cost us a combined 6% gross (5% net). We sold SUP in May after it lost its two largest customers, before it was taken over by lenders. Our quick exit saved us from losing an additional 1% of our capital on the position. We also sold WATR, after I lost faith in management, and added to PRKR, about which I remain optimistic. Lastly, we added substantially to our position in LMB, making it a core holding for 1MC once again. As has been the case over the last eight years, I continue to size my highest conviction core investments aggressively (5-25% of capital) and opportunistic bets as options (typically 1-3% of capital). In each case, I consider not just the expected upside, but also potential downside – an approach that has served us well. Looking forward to 2026, I am excited to welcome a new analyst. With an MBA from Columbia Business School and nearly a decade of public equity buyside experience, I expect h...
印度和歐盟簽訂自由貿易協議 盼深化兩地經濟和戰略關係 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】印度和歐盟簽訂自由貿易協議,期望深化兩地經濟和戰略關係。 印度總理莫迪、歐盟委員會主席馮德萊恩、歐洲理事會主席科...
印度和歐盟簽訂自由貿易協議 盼深化兩地經濟和戰略關係 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】印度和歐盟簽訂自由貿易協議,期望深化兩地經濟和戰略關係。 印度總理莫迪、歐盟委員會主席馮德萊恩、歐洲理事會主席科斯塔,三人擺出手牽手的姿勢。雙方歷經近20年的談判,馮德萊恩形容協議達成雙贏局面,是應對全球挑戰的最佳方案。莫迪強調,能夠達成這項相當於全球生產總值25%和佔全球貿易總額三分之一的協議,是歷史性時刻,為兩地人民帶來龐大機遇。據消息指細節涉及汽車、烈酒和藥品等領域,歐盟亦會削減或取消逾九成由印度入口商品的關稅。
David Perdue, US ambassador to China, speaks to Bloomberg's Stephen Engle about what steps China is taking to comply with a trade deal reached in Busan in 2025, and shares his views on how to manage the bilateral relationship between the two countries ahead of Trump's visit to China in April this year. (Source: Bloomberg)
David Perdue, US ambassador to China, speaks to Bloomberg's Stephen Engle about what steps China is taking to comply with a trade deal reached in Busan in 2025, and shares his views on how to manage the bilateral relationship between the two countries ahead of Trump's visit to China in April this year. (Source: Bloomberg)
Jetlinerimages/iStock Unreleased via Getty Images GE Aerospace ( GE ) designs and produces aircraft engines used both in the commercial and defense space. Their main products include integrated engine components, electric power, and mechanical aircraft systems. The company's key commercial - and probably most well-known - clients are Boeing ( BA ) and Airbus ( EADSF ). The firm's stock performed e...
Jetlinerimages/iStock Unreleased via Getty Images GE Aerospace ( GE ) designs and produces aircraft engines used both in the commercial and defense space. Their main products include integrated engine components, electric power, and mechanical aircraft systems. The company's key commercial - and probably most well-known - clients are Boeing ( BA ) and Airbus ( EADSF ). The firm's stock performed exceptionally well over the past 12 months, significantly outperforming the broader market ( SPY ), despite the sharp decline in the share price in the past week, just after the earnings release . Data by YCharts The aim of this article today is to take a look at GE's business, including the latest financial results and the firm's valuation, to assess whether it is worth buying the current dip or not. Pros Growth When talking about GE Aerospace and the main investment theme around the stock, the first thing that comes to people's minds now is the company's outstanding growth figures. In the most recent quarter, the firm managed to beat analyst estimates on both the top and bottom lines. Revenue came in at $11.9 billion, or $70 million above analyst expectations. This figure represents a sales growth of 20.4% year-over-year. Revenue (GE) If we break down the revenue into segments and sources of revenue, we can see that both of the reportable segments, Commercial Engines & Services - CES - and Defense & Propulsion Technologies - DPT, grew. CES grew by a whopping 24% compared to the prior year. It was the result of a 31% growth from services revenue, totaling $7 billion for the quarter, and a 7% growth from equipment sales. The drivers of the service revenue growth were internal shop visits, where volume and work scopes both increased. The growth from equipment sales was fueled by volume - mainly driven by the LEAP engine sales - and partially offset by lower spare engine ratios. For those of you who are not familiar with the term LEAP engine, here is a brief description of the...
田總擬擴渣馬規模及日數 議員倡聯乘美食節吸客 羅淑佩:值得考慮 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】田總正積極考慮將渣打香港馬拉松規模擴大並延長賽事日數,有立法會議員就建議將馬拉松與美食節同時舉行,吸引...
田總擬擴渣馬規模及日數 議員倡聯乘美食節吸客 羅淑佩:值得考慮 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】田總正積極考慮將渣打香港馬拉松規模擴大並延長賽事日數,有立法會議員就建議將馬拉松與美食節同時舉行,吸引更多旅客來港。 選委會界別(工聯會)梁子穎:「現時很多香港人走出去到世界各地跑六大馬拉松,其他國家跑馬拉松不只是運動, 而是結合美食活動、其他不同活動一起做,香港未來會否在這方面將美食節或是運動一起做聯乘?」 文體旅局局長羅淑佩:「在路線方面會否可以更多接近市民,讓市民好像外地馬拉松這樣,會否有一些雞蛋仔、奶茶,給一些不是最精英的跑手。最精英的跑手不能吃這些,但是可否感受我們風土人情,這個都很值得我們考慮的。」
(RTTNews) - Indian shares were modestly higher in early trade on Tuesday after India and the EU concluded negotiations on the much-awaited Free Trade Agreement (FTA), which will bring a qualitative change in deepening the overall bilateral ties in a range of sectors. The signing of the deal will take place in about six months after the legal scrubbing. The two sides are also set to unveil a defens...
(RTTNews) - Indian shares were modestly higher in early trade on Tuesday after India and the EU concluded negotiations on the much-awaited Free Trade Agreement (FTA), which will bring a qualitative change in deepening the overall bilateral ties in a range of sectors. The signing of the deal will take place in about six months after the legal scrubbing. The two sides are also set to unveil a defense framework pact and a strategic agenda. The benchmark BSE Sensex was up 160 points, or 0.1 percent, at 81,697 as traders returned to their desks after a long holiday weekend. The broader NSE Nifty index edged up by 86 points, or 0.3 percent, to 25,133. Axis Bank jumped 4.3 percent on reporting a surprise rise in quarterly profit. UltraTech Cement rallied 2.3 percent after delivering better-than-expected quarterly results on strong cement sales. DLF climbed 2.2 percent on reporting a 61 percent rise in quarterly profit. PTC India soared 7 percent after announcing a major change in its ownership structure. Kotak Mahindra Bank slumped 4.2 percent as quarterly profit missed Street estimates. IDFC First Bank fell about 1 percent after quarterly net profit declined 52.6 percent from last year. Maruti Suzuki India dropped 1.8 percent on receiving a tax demand of Rs 1,182.5 crore for financial Year 2021-22. JK Cement declined 1.7 percent after quarterly profit fell 33 percent yar-on-year. JSW Energy plummeted 7 percent after saying it expects reduced renewable energy bidding activity due to 40 GW of pending agreements and anticipated connectivity issues from FY27. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Mountain Lake Acquisition Corp. II on Monday announced the pricing of its upsized IPO of 31.32M units at $10 per unit. Each whole warrant will entitle the holder thereof to purchase one Class A ordinary share at $11.50 per share. The units are expected to trade on the Global Market tier of the Nasdaq Stock Market under the ticker symbol “MLAAU” beginning January 27, 2026. Once the securities compr...
Mountain Lake Acquisition Corp. II on Monday announced the pricing of its upsized IPO of 31.32M units at $10 per unit. Each whole warrant will entitle the holder thereof to purchase one Class A ordinary share at $11.50 per share. The units are expected to trade on the Global Market tier of the Nasdaq Stock Market under the ticker symbol “MLAAU” beginning January 27, 2026. Once the securities comprising the units begin separate trading, the ordinary shares and the warrants are expected to be traded on Nasdaq under the symbols “MLAA” and “MLAAW,” respectively. BTIG, LLC is acting as the sole book-running manager for the offering, which is expected to close on January 28, 2026. More on Mountain Lake Acquisition Corp. II Seeking Alpha’s Quant Rating on Mountain Lake Acquisition Corp. II Financial information for Mountain Lake Acquisition Corp. II
(RTTNews) - First Merchants Corporation (FRME) revealed earnings for fourth quarter that Drops, from the same period last year The company's bottom line totaled $56.60 million, or $0.99 per share. This compares with $63.880 million, or $1.10 per share, last year. Excluding items, First Merchants Corporation reported adjusted earnings of $56.43 million or $0.98 per share for the period. The company...
(RTTNews) - First Merchants Corporation (FRME) revealed earnings for fourth quarter that Drops, from the same period last year The company's bottom line totaled $56.60 million, or $0.99 per share. This compares with $63.880 million, or $1.10 per share, last year. Excluding items, First Merchants Corporation reported adjusted earnings of $56.43 million or $0.98 per share for the period. The company's revenue for the period rose 3.5% to $139.06 million from $134.37 million last year. First Merchants Corporation earnings at a glance (GAAP) : -Earnings: $56.60 Mln. vs. $63.880 Mln. last year. -EPS: $0.99 vs. $1.10 last year. -Revenue: $139.06 Mln vs. $134.37 Mln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Bond markets in Malaysia and Mexico are among the most at risk should a further increase in Japanese yields prompt the nation’s investors to repatriate capital, according to HSBC Holdings Plc. An analysis of Japanese investors’ holdings of emerging-market bonds and equities shows that Malaysia, Chile and Mexico are “disproportionately exposed,” strategists Alastair Pinder and Pankaj Agarwala wrote...
Bond markets in Malaysia and Mexico are among the most at risk should a further increase in Japanese yields prompt the nation’s investors to repatriate capital, according to HSBC Holdings Plc. An analysis of Japanese investors’ holdings of emerging-market bonds and equities shows that Malaysia, Chile and Mexico are “disproportionately exposed,” strategists Alastair Pinder and Pankaj Agarwala wrote in a note. “A sharp JGB selloff could also prompt repatriation of overseas equity holdings, and on this measure Taiwan, India and South Africa appear vulnerable,” they added. While a potential carry trade unwind — in which investors sell higher-yielding assets to close out yen-funded positions — is “the biggest risk,” odds of such an event in the near term are limited, the strategists wrote. Last week’s sudden rout in JGBs — which sent local yields surging to record highs and sparked volatility across world markets — has put traders on watch for any signs that Japanese investors are moving their money back home. Some $5 trillion of the country’s capital is deployed overseas, and that’s before accounting for the yen that foreign funds have borrowed for their wagers in financial assets around the world. Higher JGB yields also risk putting upward pressure on bond yields globally, which in turn would hurt valuations, the HSBC strategists wrote in a note dated Jan. 26. In this regard, an analysis of relative market returns with changes in the 10-year US yield shows that Korea and Taiwan are most at risk, they added. The JGB rout came as Prime Minister Sanae Takaichi’s plans to cut taxes and boost spending spurred concerns about fiscal largesse. Traders are on guard for increased volatility in markets ahead of an election on Feb. 8 and given increased talk of an intervention by authorities to support the yen . Read more: Japan Bond Crash Unleashes a $7 Trillion Risk for Global Markets
Tesla’s long-term potential will be in focus when Musk speaks to Wall Street on Wednesday afternoon following the company’s earnings report. (Jan 27): Wall Street is giving off mixed signals about Tesla Inc. Analysts are increasingly sceptical of the electric vehicle (EV) maker’s earnings potential this year, but their expectations for the company’s stock price keep climbing. “Tesla is truly uniqu...
Tesla’s long-term potential will be in focus when Musk speaks to Wall Street on Wednesday afternoon following the company’s earnings report. (Jan 27): Wall Street is giving off mixed signals about Tesla Inc. Analysts are increasingly sceptical of the electric vehicle (EV) maker’s earnings potential this year, but their expectations for the company’s stock price keep climbing. “Tesla is truly unique in capital markets,” said Nicholas Colas, a co-founder of DataTrek Research. “It is much more like a venture capital-funded start-up than public equity. As long as the vision is bold enough, the valuation levers off that rather than earnings and cash flows.” Over the past 12 months, the average forecast for Tesla’s 2026 net income has tumbled 56% from US$14.1 billion to US$6.1 billion ($7.7 billion). Yet, during the same period, analysts have raised their average 12-month target price for Tesla shares to US$409.49 from US$337.99. The stock was up 7% in that time after closing at US$435.20, well above Wall Street’s expectations for a year from now. The dynamic is “very unusual”, Colas said, since higher target prices typically go hand-in-hand with improving earnings estimates, not dimming expectations. The company reports its fourth-quarter and full-year results on Wednesday. A Tesla representative did not respond to a request for comments. Tesla’s stock, which raced to an all-time high in December before retreating some, trades at more than 195 times its expected earnings over the next 12 months. That’s by far the most-expensive valuation among the Magnificent Seven tech giants, which combined trade for around 29 times anticipated earnings. By comparison, its next closest peers in the group are Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.com Inc, all of which are priced between 25 and 30 times forward earnings. The shares also have the second-highest multiple in the entire S&P 500 Index, trailing only takeover target Warner Bros Discovery Inc and well ahead of numb...
Sundry Photography Micron Technology ( MU ) broke ground on an advanced wafer fabrication facility on Monday located within the company's existing NAND manufacturing complex in Singapore . This new facility represents a planned investment of approximately $24 billion (SG $31 billion) over 10 years and is designed to ultimately provide 700,000 square feet of cleanroom space. Wafer output is schedul...
Sundry Photography Micron Technology ( MU ) broke ground on an advanced wafer fabrication facility on Monday located within the company's existing NAND manufacturing complex in Singapore . This new facility represents a planned investment of approximately $24 billion (SG $31 billion) over 10 years and is designed to ultimately provide 700,000 square feet of cleanroom space. Wafer output is scheduled to begin in the second half of calendar 2028, helping Micron address growing market demand for NAND technology driven by the rapid expansion of AI and data-centric applications. This new fab will become an integral part of Micron’s NAND Center of Excellence in Singapore , the company added. Source: Press Release More on Micron Technology Micron: In The Middle Of An AI Super‑Upcycle Micron: This Party Is Just Getting Started Micron Technology: Structural Demand Is Replacing Cyclical Volatility Micron dips after a six-session rally Micron dips after reports of Samsung nearing Nvidia certification for HBM4 chips