Rebuilding the fire-ravaged Wang Fuk Court on its original site to rehouse displaced residents will be “immensely challenging” because of complex legal and property rights issues, a senior Hong Kong official has said, adding that a cash buy-back would be the “fastest and most flexible” solution. Deputy Financial Secretary Michael Wong Wai-lun, who led the government task force on emergency resettl...
Rebuilding the fire-ravaged Wang Fuk Court on its original site to rehouse displaced residents will be “immensely challenging” because of complex legal and property rights issues, a senior Hong Kong official has said, adding that a cash buy-back would be the “fastest and most flexible” solution. Deputy Financial Secretary Michael Wong Wai-lun, who led the government task force on emergency resettlement, has shifted his stance several times over the past few days. Initially describing in-situ...
But the dominance of the Mag 7 is likely to come to an end this year, many on Wall Street believe—if only because their valuations can’t exponentially go up forever.
But the dominance of the Mag 7 is likely to come to an end this year, many on Wall Street believe—if only because their valuations can’t exponentially go up forever.
Japan's Prime Minister Sanae Takaichi delivers a speech at the 14th Council Meeting of the Japan Business Federation, or Keidanren, in Tokyo on December 25, 2025. (Photo by Kazuhiro NOGI / AFP via Getty Images) Kazuhiro Nogi | Afp | Getty Images Japan's Prime Minister Sanae Takaichi plans to dissolve parliament next week and call a snap general election, the secretary general of her ruling party s...
Japan's Prime Minister Sanae Takaichi delivers a speech at the 14th Council Meeting of the Japan Business Federation, or Keidanren, in Tokyo on December 25, 2025. (Photo by Kazuhiro NOGI / AFP via Getty Images) Kazuhiro Nogi | Afp | Getty Images Japan's Prime Minister Sanae Takaichi plans to dissolve parliament next week and call a snap general election, the secretary general of her ruling party said on Wednesday. Takaichi is considering an election date of February 8, a source with knowledge of the matter said, in line with earlier reports by domestic media. "We need to seek a fresh mandate," Shunichi Suzuki, secretary general of the Liberal Democratic Party, told reporters after meeting Takaichi on Wednesday. Japan's first female prime minister, Takaichi is seeking to capitalise on a surge in public support for her government since she came to office in October. Read more Japanese stocks hit another record high as expectations of snap poll rise Suzuki said the ballot would allow voters to cast their verdict on the LDP's new coalition with the right-wing Japan Innovation Party, known as Ishin, after Takaichi cut ties last year with a longstanding liberal partner, Komeito. "One reason for dissolving parliament is that the previous election was under the LDP–Komeito government; the public has not yet rendered a verdict on the change in our coalition partner," Suzuki added. Takaichi will lay out her election plans at a press conference on Monday, he added. The vote will also offer a chance to test public appetite for plans to boost government spending to revive growth and increase defence outlays under a revised national security strategy, Suzuki said. Reports last week that Takaichi was considering a snap poll triggered a sell-off in Japan's yen and government bonds as investors fretted over how one of the world's most indebted advanced economies would fund her fiscal expansion plans. The news also comes amid the worst diplomatic dispute in more than a decade with po...
As the U.S. stock market reaches new highs, buoyed by investor confidence despite ongoing concerns such as the DOJ probe into Fed Chair Powell, identifying stocks that are trading below their fair value can be particularly appealing. In this environment of record-breaking indices and evolving economic conditions, finding undervalued stocks like Advanced Micro Devices and others could offer potenti...
As the U.S. stock market reaches new highs, buoyed by investor confidence despite ongoing concerns such as the DOJ probe into Fed Chair Powell, identifying stocks that are trading below their fair value can be particularly appealing. In this environment of record-breaking indices and evolving economic conditions, finding undervalued stocks like Advanced Micro Devices and others could offer potential opportunities for investors looking to capitalize on market inefficiencies.
Cambodia’s arrest of alleged scam centre kingpin Chen Zhi and his extradition to China is “not the end” of the Southeast Asian nation’s battle to stamp out transborder crimes, its foreign minister said. Last week’s surprise arrest of Chinese-born Chen is a key step in an until now fragmented international campaign targeting sophisticated scam networks in Southeast Asia run by criminal gangs, swin...
Cambodia’s arrest of alleged scam centre kingpin Chen Zhi and his extradition to China is “not the end” of the Southeast Asian nation’s battle to stamp out transborder crimes, its foreign minister said. Last week’s surprise arrest of Chinese-born Chen is a key step in an until now fragmented international campaign targeting sophisticated scam networks in Southeast Asia run by criminal gangs, swindling victims worldwide out of billions of dollars. The extradition of Chen, sanctioned by several...
Tata Consultancy Services (TCS) and Advanced Micro Devices (AMD) have announced a strategic collaboration aimed at enhancing AI accessibility and adoption across enterprises. This partnership focuses on co-developing industry-specific AI and GenAI solutions, leveraging TCS's systems integration capabilities and AMD’s high-performance computing technologies. The collaboration aims to modernize hybr...
Tata Consultancy Services (TCS) and Advanced Micro Devices (AMD) have announced a strategic collaboration aimed at enhancing AI accessibility and adoption across enterprises. This partnership focuses on co-developing industry-specific AI and GenAI solutions, leveraging TCS's systems integration capabilities and AMD’s high-performance computing technologies. The collaboration aims to modernize hybrid cloud and edge environments, deploy AI-powered solutions, and enhance AI performance for...
As of January 2026, the U.S. markets are reaching new heights, with the S&P 500 and Dow Jones Industrial Average closing at record highs despite concerns about a DOJ probe into Fed Chair Powell. This resilient performance highlights the importance of identifying growth companies with strong insider ownership, as such stocks often reflect confidence from those closest to the company's operations an...
As of January 2026, the U.S. markets are reaching new heights, with the S&P 500 and Dow Jones Industrial Average closing at record highs despite concerns about a DOJ probe into Fed Chair Powell. This resilient performance highlights the importance of identifying growth companies with strong insider ownership, as such stocks often reflect confidence from those closest to the company's operations and can be particularly appealing in a thriving market environment.
US owner scraps auction after bids from private equity firms fail to meet its £2bn sale expectations, report says Business live – latest updates Coca-Cola has reportedly abandoned plans to sell its Costa Coffee chain after bids from private equity firms failed to meet its expectations. The US soft drinks company halted discussions with remaining bidders in December, according to the Financial Time...
US owner scraps auction after bids from private equity firms fail to meet its £2bn sale expectations, report says Business live – latest updates Coca-Cola has reportedly abandoned plans to sell its Costa Coffee chain after bids from private equity firms failed to meet its expectations. The US soft drinks company halted discussions with remaining bidders in December, according to the Financial Times, ending a months-long auction process. Continue reading...