(RTTNews) - European stocks are seen opening a tad higher on Thursday as in-line U.S. CPI data supported the case for another interest rate cut by the Federal Reserve next month. Kansas City Federal Reserve chief Jeffrey Schmid on Wednesday said the time is "now" to reduce U.S. interest rates, but it's still uncertain how much further interest rates will decline. Asian stocks were mostly higher, t...
(RTTNews) - European stocks are seen opening a tad higher on Thursday as in-line U.S. CPI data supported the case for another interest rate cut by the Federal Reserve next month. Kansas City Federal Reserve chief Jeffrey Schmid on Wednesday said the time is "now" to reduce U.S. interest rates, but it's still uncertain how much further interest rates will decline. Asian stocks were mostly higher, though Chinese and Hong Kong markets were subdued on deflation worries and concerns over another possible China-U.S. trade war. The U.S. dollar held firm near a one-year high against major peers, influenced by higher Treasury yields on expectations for deeper deficit spending during Trump's second presidential term. Gold hovered near two-month lows while oil reversed most of the previous session's gains on fears of higher global output and slow demand growth. In economic releases, the second reading for eurozone gross domestic product as well as reports on U.S. producer price inflation and weekly jobless claims along with remarks by Fed Chair Jerome Powell may garner investor attention later in the day. U.S. stocks fluctuated before ending mixed overnight as longer-dated Treasury yields rose amid expectations that the Fed may not reduce rates as much as previously thought. Data showed the consumer price index rose 0.2 percent for the fourth straight month in October, matching expectations. The annual rate of consumer price growth accelerated to 2.6 percent from 2.4 percent in September, while the core consumer price inflation rate stood at a three-month high of 3.3 percent, unchanged from September. The tech-heavy Nasdaq Composite shed 0.3 percent while the S&P 500 and the Dow crept up marginally. European stocks closed lower Wednesday on concerns about regional growth amid fears of inflation and tariffs in the Trump 2.0 era. The pan European STOXX 600 slipped 0.1 percent. The German DAX dipped 0.2 percent and France's CAC 40 slipped 0.1 percent while the U.K.'s FTSE 100 fin...
Michael M. Santiago/Getty Images News U.S. President Donald Trump has filed a $10B lawsuit against the Internal Revenue Service (IRS) and the U.S. Treasury Department over the unauthorized leak of tax returns during his first term. The suit was filed on Thursday in Miami federal court by Trump, his sons Donald Jr. and Eric, and the Trump Organization. The plaintiffs claim that the government agenc...
Michael M. Santiago/Getty Images News U.S. President Donald Trump has filed a $10B lawsuit against the Internal Revenue Service (IRS) and the U.S. Treasury Department over the unauthorized leak of tax returns during his first term. The suit was filed on Thursday in Miami federal court by Trump, his sons Donald Jr. and Eric, and the Trump Organization. The plaintiffs claim that the government agencies failed to take "mandatory precautions" to prevent former IRS contractor Charles Littlejohn from leaking the president’s tax records to "leftist media outlets," including the New York Times and ProPublica, in 2019-2020. LittleJohn pleaded guilty in 2023 and was sentenced to five years in prison. The leaks revealed details like Trump paying a mere $750 in federal income taxes in 2016 and 2017 and no federal income taxes for most of the prior 15 years. During that time, Trump described the story as “Totally fake news. Made up. Fake.” Trump has filed multiple high-profile lawsuits in recent years, often seeking billions in damages over alleged defamation, leaks, and media bias. Alejandro Brito, a Florida-based lawyer, filed or helped file these lawsuits, including the one against the IRS and Treasury Department. Dear readers : We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion . More on markets Short Selling And Put Buying Point To Big Tech Rally Dumping U.S. Dollar: Why My Dry Powder Is Now In Swiss Francs Dollar Index Hits 4-Year Low And Traditional Wisdom Can Mislead This Time Trump administration prepares for Warsh Fed chair nomination, Bloomberg reports Crude oil climbs to highest since summer on growing bets of U.S. strike on Iran
(RTTNews) - Hang Lung Properties Ltd. (0101.HK, HLPPY), on Friday reported it net income decreased in the full year 2025 compared with the previous year. For the full year 2025, profit attributable to shareholders decreased to HK$1.81 billion from HK$2.15 billion in the previous year. Earnings per share were HK$0.37 versus HK$0.46 last year. Profit from operations decreased to HK$4.88 billion from...
(RTTNews) - Hang Lung Properties Ltd. (0101.HK, HLPPY), on Friday reported it net income decreased in the full year 2025 compared with the previous year. For the full year 2025, profit attributable to shareholders decreased to HK$1.81 billion from HK$2.15 billion in the previous year. Earnings per share were HK$0.37 versus HK$0.46 last year. Profit from operations decreased to HK$4.88 billion from HK$4.90 billion in the prior year. Revenue declined to HK$9.95 billion from HK$11.24 billion in the previous year. Further, the board of directors has recommended a final dividend of HK40 cents per share for 2025, unchanged from the previous year. The dividend will be payable to shareholders on record as of May 8. Together with an interim dividend of HK12 cents per share, full-year dividends for 2025 total HK52 cents per share, unchanged from 2024. The board has proposed a scrip dividend arrangement, allowing eligible shareholders to receive the final dividend in cash or in new shares, in whole or in part. The arrangement is expected at the annual general meeting scheduled for April 30. Hang Lung Properties is 2.35% higher at HK$9.570 on the Hong Kong Stock Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
This semiconductor specialist continues to profit from the AI boom. Broadcom (AVGO 0.75%) has been one of the undeniable winners of the artificial intelligence (AI) revolution, gaining nearly 500% since early 2023. In late 2024, I predicted that Broadcom would soar over the coming year, joining the $1 trillion club in 2025. Much to my surprise, the surge came much sooner than expected, with Broadc...
This semiconductor specialist continues to profit from the AI boom. Broadcom (AVGO 0.75%) has been one of the undeniable winners of the artificial intelligence (AI) revolution, gaining nearly 500% since early 2023. In late 2024, I predicted that Broadcom would soar over the coming year, joining the $1 trillion club in 2025. Much to my surprise, the surge came much sooner than expected, with Broadcom stock gaining 39% in the weeks that followed, surpassing the trillion-dollar benchmark in December 2024. Since then, the company has continued to outperform the broader market, gaining 63% over the past year, compared to 16% gains for the S&P 500. Broadcom currently sports a market cap of $1.56 trillion as of this writing, as demand for Broadcom's data center and AI solutions remains strong. After the stock's breakout performance over the past year, here's what I expect from Broadcom in 2026. Strong secular tailwinds One of the byproducts of the ongoing AI boom is the accelerating expansion of data centers, where most AI processing happens. While Broadcom's claim to fame is its semiconductors, the company has long been a key supplier of networking components and accessories that are staples in data center operations, as well as products in the cable, broadband, and mobile sectors. Broadcom boasts that "99% of all internet traffic crosses through some type of Broadcom technology." As a result, the company is well-positioned to profit by supplying critical components for the data center buildout, which supports the growing demand for AI. The cornerstone of Broadcom's recent growth is the company's Application-Specific Integrated Circuits (ASICs). These specialized semiconductors can be customized for specific use cases, making them more energy efficient and, therefore, more cost-effective. In October, Broadcom announced a strategic collaboration with ChatGPT parent OpenAI to supply 10 gigawatts of ASICs over the next four years. The chips supplied as part of the multi-bill...
Key Points Broadcom stock has soared over the past year, as demand for its data center products spiked. The stock is still reasonably priced at 32 times forward earnings. I predict Broadcom will continue its winning ways in 2026. These 10 stocks could mint the next wave of millionaires › Broadcom (NASDAQ: AVGO) has been one of the undeniable winners of the artificial intelligence (AI) revolution, ...
Key Points Broadcom stock has soared over the past year, as demand for its data center products spiked. The stock is still reasonably priced at 32 times forward earnings. I predict Broadcom will continue its winning ways in 2026. These 10 stocks could mint the next wave of millionaires › Broadcom (NASDAQ: AVGO) has been one of the undeniable winners of the artificial intelligence (AI) revolution, gaining nearly 500% since early 2023. In late 2024, I predicted that Broadcom would soar over the coming year, joining the $1 trillion club in 2025. Much to my surprise, the surge came much sooner than expected, with Broadcom stock gaining 39% in the weeks that followed, surpassing the trillion-dollar benchmark in December 2024. Since then, the company has continued to outperform the broader market, gaining 63% over the past year, compared to 16% gains for the S&P 500. Broadcom currently sports a market cap of $1.56 trillion as of this writing, as demand for Broadcom's data center and AI solutions remains strong. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » After the stock's breakout performance over the past year, here's what I expect from Broadcom in 2026. Strong secular tailwinds One of the byproducts of the ongoing AI boom is the accelerating expansion of data centers, where most AI processing happens. While Broadcom's claim to fame is its semiconductors, the company has long been a key supplier of networking components and accessories that are staples in data center operations, as well as products in the cable, broadband, and mobile sectors. Broadcom boasts that "99% of all internet traffic crosses through some type of Broadcom technology." As a result, the company is well-positioned to profit by supplying critical components for the data center buildout, which supports the growing demand for AI. The cornerstone of Broadcom's recent growth is the company's Application-Specific Int...
Plain clothes Iranian security forces have rounded up thousands of people in a campaign of mass arrests and intimidation to deter further protests after crushing the bloodiest unrest since the 1979 Islamic Revolution, sources told Reuters. Modest protests that began last month in Tehran’s Grand Bazaar over economic hardship unleashed long-suppressed wider grievances and swiftly escalated into the...
Plain clothes Iranian security forces have rounded up thousands of people in a campaign of mass arrests and intimidation to deter further protests after crushing the bloodiest unrest since the 1979 Islamic Revolution, sources told Reuters. Modest protests that began last month in Tehran’s Grand Bazaar over economic hardship unleashed long-suppressed wider grievances and swiftly escalated into the gravest existential threat to Iran’s Shiite theocracy in nearly five decades, with protesters commonly calling for ruling clerics to step down. Authorities cut internet access and stifled the unrest with overwhelming force that killed thousands, according to rights groups. Tehran blames “armed terrorists” linked to Israel and the United States for the violence. Advertisement Within days, plain clothes security forces launched a campaign of widespread arrests accompanied by an intensified street presence based around checkpoints, according to five activists who spoke on condition of anonymity from inside Iran. Iranians protest in Tehran on January 9. Momentum has since ebbed. Photo: Middle East Images via AFP They said detainees had been placed in secret lock-ups.
緬北果敢徐發啟犯罪集團專案宣判 徐發啟被判死緩 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】緬北果敢徐發啟犯罪集團專案，在重慶市第五中級人民法院一審公開宣判，主犯徐發啟被判死緩。 徐發啟犯罪集團是緬北「四大家族...
緬北果敢徐發啟犯罪集團專案宣判 徐發啟被判死緩 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】緬北果敢徐發啟犯罪集團專案，在重慶市第五中級人民法院一審公開宣判，主犯徐發啟被判死緩。 徐發啟犯罪集團是緬北「四大家族」以外的電詐新興勢力，經法院審理查明，該集團自2019年起，利用在果敢的影響力，修建多個園區實施詐騙，涉詐資金逾11億元人民幣，又故意傷害不服從管理的涉詐人員，導致1死1傷，還實施走私、販賣毒品等犯罪。院認為已構成詐騙、故意傷害等六項罪名，判處徐發啟死緩，次被告張龍龍無期徒刑，其餘3名被告則被判處14年至25年不等有期徒刑。
(RTTNews) - Japanese transport company Mitsui O.S.K. Lines, Ltd. (MSLOY, 9104.T) reported Friday lower profit in the first nine months of fiscal year 2025, despite higher revenues. Further, the company lifted its annual outlook for earnings and revenues. In Tokyo, Mitsui O.S.K. Lines shares were trading at 4,941.00 yen, up 2.00 percent. In the nine-month period, profit attributable to owners of pa...
(RTTNews) - Japanese transport company Mitsui O.S.K. Lines, Ltd. (MSLOY, 9104.T) reported Friday lower profit in the first nine months of fiscal year 2025, despite higher revenues. Further, the company lifted its annual outlook for earnings and revenues. In Tokyo, Mitsui O.S.K. Lines shares were trading at 4,941.00 yen, up 2.00 percent. In the nine-month period, profit attributable to owners of parent plunged to 180.51 billion yen from 369.96 billion yen last year. Net income per share was 523.50 yen, down from 1,022.30 yen a year ago. Operating profit declined to 102.74 billion yen from prior year's 122.62 billion yen. Revenues for the period, however, grew to 1.345 trillion yen from 1.319 trillion yen in the prior year. Looking ahead for fiscal year ending March 31, 2026, the company now projects attributable profit of 200 billion yen or 581.28 yen per share, operating profit of 125 billion yen and revenues of 1.83 trillion yen. The company previously expected profit attributable of 180 billion yen or 523.16 yen per share, operating profit of 104 billion yen, and revenues of 1.75 trillion yen. Further, the firm forecasts fiscal 2025 year-end dividend of 115.00 yen per share and total dividend of 200.00 yen per share, lower than previous year's 180 yen and 360 yen, respectively. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Novo Nordisk A/S shares are bouncing back from their worst ever year , with bulls hoping that a pill version of its blockbuster obesity shot will help finally turn things around for the Danish drugmaker. The stock has gained 14% so far in January, set for its best month since August. Novo started selling its Wegovy pill a few weeks ago, beating rival Eli Lilly & Co. to market and boosting sentimen...
Novo Nordisk A/S shares are bouncing back from their worst ever year , with bulls hoping that a pill version of its blockbuster obesity shot will help finally turn things around for the Danish drugmaker. The stock has gained 14% so far in January, set for its best month since August. Novo started selling its Wegovy pill a few weeks ago, beating rival Eli Lilly & Co. to market and boosting sentiment after a string of bad news pummeled the shares last year. “2026 will be a transition year,” said Robert Hannaford , deputy portfolio manager of the Evenlode Global Income fund, adding that the pill launch seems to be going well. “Longer term, the growth opportunity for them is enormous.” Analysts at Goldman Sachs Group Inc. agree. They recently hiked their price target on Novo shares, saying the Wegovy pill should drive sentiment in the near term. A turnaround can’t come soon enough. After a year that included disappointing clinical trial results and multiple profit warnings, Novo shares had been left trading as if the craze surrounding obesity drugs never happened . The company also named a new chief executive officer, Mike Doustdar , and overhauled its board last year. Doustdar has been “tasked with righting the ship and has been adamant that major strategic changes are unlikely,” according to TD Cowen analyst Michael Nedelcovych , who said he is “cautiously optimistic” about Novo regaining steam. The company’s first major challenge is to capitalize on its first-mover advantage in oral GLP-1s. Competition will be fierce, with pills seen as key to expanding the market for obesity drugs as a more convenient option for patients than injections. A US regulatory decision on Eli Lilly’s pill — called orforglipron — is expected next quarter. The first few weeks of sales for the Wegovy pill have “undoubtedly been strong,” according to Jefferies analyst Michael Leuchten . Even so, “we are yet to see expansion of Novo’s overall GLP-1 volumes following launch.” A more immediate ca...
Spending on AI infrastructure is expected to be measured in the trillions of dollars. The S&P 500 finished 2025 with a total return of 18% -- its third consecutive year with a double-digit gain. The trend of ongoing technological dominance continues, as the market has more recently been lifted by the artificial intelligence (AI) boom. There are certainly fears these days that we are in an AI-infla...
Spending on AI infrastructure is expected to be measured in the trillions of dollars. The S&P 500 finished 2025 with a total return of 18% -- its third consecutive year with a double-digit gain. The trend of ongoing technological dominance continues, as the market has more recently been lifted by the artificial intelligence (AI) boom. There are certainly fears these days that we are in an AI-inflated bubble in 2026. Despite this backdrop, is it still a smart idea for investors to buy a leading S&P 500 exchange-traded fund (ETF)? Key factors supporting the AI bubble argument The most obvious sign that we might be in an AI bubble is the massive amount of capital being invested to build out the technical infrastructure for related projects. "We see $3 trillion to $4 trillion in AI infrastructure spend by the end of the decade," Nvidia CFO Colette Kress said last August. That's a jaw-dropping forecast sum that isn't supported yet by returns on invested capital. For instance, research from Menlo Ventures estimates that only 3% of users pay for AI services. And the dominant tech companies that are leveraging AI capabilities so far might be seeing only incremental improvements, not game-changing leaps. Valuations can't be ignored, either. Palantir Technologies trades at a nose-bleed price-to-sales ratio of 110. This multiple wouldn't happen if there weren't such huge hype surrounding AI. To be clear, I have zero clue whether we're in a bubble or not. These trends certainly can make investors uneasy. However, the bullish fever can continue longer than anyone can predict. Keep things simple, and focus on the long term Even accounting for the AI bubble fears, I believe investors should still be thinking about putting money to work. The Vanguard S&P 500 ETF (VOO 0.21%) is an excellent choice, particularly since it carries an expense ratio of just 0.03%. Expand NYSEMKT : VOO Vanguard S&P 500 ETF Today's Change ( -0.21 %) $ -1.33 Current Price $ 638.27 Key Data Points Day's Rang...
In just two days, three Chinese property companies have tapped the international bond market in the busiest week in almost four years, taking advantage of improving sentiment for the sector. State-backed Yuexiu Property Co Ltd. and China Overseas Grand Oceans Group Ltd. are marketing offshore yuan notes on Friday. The timing is unusual, underscoring the revival of interest. Friday is generally a n...
In just two days, three Chinese property companies have tapped the international bond market in the busiest week in almost four years, taking advantage of improving sentiment for the sector. State-backed Yuexiu Property Co Ltd. and China Overseas Grand Oceans Group Ltd. are marketing offshore yuan notes on Friday. The timing is unusual, underscoring the revival of interest. Friday is generally a no-go zone as issuance can involve late nights, which most investors prefer to avoid heading into the weekend. The deals add to a $360 million security from Dalian Wanda Commercial Management Group Co. on Thursday, its first such sale in three years. The last time that Chinese builders priced more than three offshore notes in a week was in mid 2022, according to data compiled by Bloomberg. That was before an unprecedented property crisis worsened further and effectively locked the majority of such firms out of global credit markets. Several developments this week buoyed the broader mood for the sector. Two industry heavyweights, Shenzhen-based China Vanke Co. and Hong Kong-listed developer New World Development Co. , made progress in efforts to further distance themselves from crises that previously left them on the verge of default. News also emerged that developers stopped filing regular reports on their so‑called “three red lines” as early as 2023, after officials dialed back the stringent leverage metrics that exacerbated the real estate meltdown. New World Shares, Bonds Jump as Blackstone in Talks for Stake Hong Kong’s Housing Market Rebounds With Renewed City Buzz China Builders Ceased Reporting ‘Three Red Lines’ Years Ago “Recent positive tailwinds should be good for the new bond pricing,” said Ting Meng , senior Asia credit strategist at Australia & New Zealand Banking Group Ltd. There are, of course, still plenty of challenges for Chinese developers. The years-long real estate crisis has led to record defaults and restructurings. And property sales have still genera...