In this article .HSI .N225 .AXJO @DJ.1 @SP.1 @ND.1 .SPX .IXIC .DJI Follow your favorite stocks CREATE FREE ACCOUNT Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets were set to climb Wednesday as investors tracked escalating tensions in the Middle East. A fresh wave of attacks on the United Arab Emirates' energy infrastructure has heightened fears of prolonged supply disruptions amid the Iran war. The incidents followed a drone strike on the world's largest ultra-sour gas development, a fire at the UAE's Fujairah Oil Industry Zone, and damage to a tanker near the strategically vital Strait of Hormuz. U.S. oil prices rose 0.06% to $96.27 as of 7:33 p.m. ET. Australia's S&P/ASX 200 was flat in early trade. Japan's Nikkei 225 was poised to rise, with the futures contract in Chicago at 54,190 and the Osaka contract at 54,230, compared with the index's previous close of 53,700.39. Hong Kong Hang Seng index futures were set at 25,891, higher than the index's last close of 25,868.54. Stock Chart Icon Stock chart icon U.S. stock futures traded near the flat line as traders awaited the Federal Reserve's rate policy decision. Futures tied to the Dow Jones Industrial Average lost 37 points, or 0.07%. S&P 500 futures dropped 0.07%, while Nasdaq 100 futures fell 0.02%. Overnight in the U.S., the S&P 500 rose as Wall Street built on the momentum seen in the previous session amid developments in the Iran war. The broad market index closed up 0.25% at 6,716.09, and the Nasdaq Composite climbed 0.47% to finish at 22,479.53. The Dow Jones Industrial Average added 46.85 points, or 0.1%, to end at 46,993.26. — CNBC's Sean Conlon and Pia Singh contributed to the report. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

niphon/iStock via Getty Images By Zain Vawda As the Federal Open Market Committee (FOMC) prepares to convene on March 18, 2026, the economic landscape has shifted from "normalization" to a complex "wait-and-see" puzzle. Chair Jerome Powell now faces a dual-mandate nightmare: a cooling labor market clashing with a renewed energy-driven inflation shock after the conflict in the Middle East. The Decision: Inflation vs labor market Market consensus is overwhelmingly aligned: the Federal Reserve is expected to keep the federal funds rate unchanged at its current level. While the Fed entered 2026 with a dovish tilt, the escalating conflict in the Middle East has sent oil prices surging, complicating the path toward the 2% inflation target. For all market-moving economic releases and events, see the MarketPulse Economic Calendar. Recent data has been contradictory. A "train wreck" of a February jobs report, which saw payrolls fall by roughly 92,000 and unemployment climb to 4.4%, suggests the economy needs support. However, with PCE inflation stuck near 3% and energy costs rising, the Fed cannot risk a premature cut that might unanchor inflation expectations. The persistence of inflation is being driven by more than just energy. Food prices are expected to jump due to a surge in fertilizer costs related to the Middle East conflict, and manufactured goods are seeing "downstream" price increases. Furthermore, inflation expectations, which had previously been well-anchored, have shown signs of an "uptick," providing the committee with a primary justification for pushing out rate cut expectations until 2027. The Dot Plot: Shifting projections The Summary of Economic Projections (SEP) will be the focal point for investors. While the December "dots" hinted at one rate cut in 2026, there is a distinct risk that this could be pushed into 2027. Analysts suggest a "stagflationary" shift in the SEP: GDP: Likely revised marginally lower for 2026 following a weak Q4 2025. Inflation: Pr...

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歐聯十六強次回合，曼城十人應戰下1-2不敵皇馬，總比數1-5出局。 貝拿度施華早段犯手球，領紅兼輸十二碼，雲尼斯奧斯射入。雖然靠夏蘭特入球，半場追平。但尾段再失守，兩回合計輸1-5出局。 阿仙奴就主場2-0擊敗利華古遜。衛冕的巴黎聖日耳門，作客贏車路士3-0，兩回合計大勝8-2。落後三球的士砵亭，次回合主場贏3-0，加時再入兩球晉級。 而今晚深夜，落後一球的利物浦返主場迎戰加拉塔沙雷。 上場被熱刺逼和後，賽後有球迷喝倒采。主帥史諾表示，相信球迷會充當第12人，球隊絕對有能力勝出。

面對美國制裁的古巴一度全國大停電，部分地區陸續恢復供電。 古巴在美國石油禁運下，大部地地區在周二停電，逾一千萬人受影響，亦是當地四個月內第三次大停電。電力公司稱逐步回復正常，單是首都哈瓦那，逾三成地區重新恢復供電。 有受訪長者指生活環境惡劣，很多食物已變壞，另有居民稱摸黑行樓梯不慣跌倒，要入院接受手術。自美軍一月突襲委內瑞拉俘虜總統馬杜羅之後，當地被迫中止運送石油到古巴。 特朗普日前宣稱，將會以某種形式接管古巴。《紐約時報》報道指，美國跟古巴談判期間，曾稱讓古巴共產黨政府繼續執政，但暗示要國家主席迪亞斯卡內爾下台。

Software stocks cannot seem to catch a break. On March 12 one of the largest software providers in the world, Adobe (ADBE +0.93%), reported strong growth, with revenue up 11% in constant currency. Despite these solid results, the stock sold off on continued fears about artificial intelligence (AI) disruption, and the retirement of longtime CEO Shantanu Narayen. Here's what Adobe's results mean for the AI narrative, along with two other indicators investors need to watch for in the S&P 500 index next week. Expand NASDAQ : ADBE Adobe Today's Change ( 0.93 %) $ 2.34 Current Price $ 254.20 Key Data Points Market Cap $103B Day's Range $ 252.14 - $ 258.91 52wk Range $ 244.28 - $ 422.95 Volume 6.5M Avg Vol 5.5M Gross Margin 88.77 % Strong growth, continued AI fears If you look at Adobe's latest financials, it's hard to find anything to complain about. Revenue grew 11% in constant currency, with business/consumer subscription revenue up 15% and creative/marketing revenue up 11%. Profits looked solid, with an operating income of $2.4 billion, up from $2.1 billion in the same quarter a year ago. The company is even using its massive earnings power to repurchase stock aggressively. The number of shares outstanding decreased by 11% over the last three years. So what is the problem? Why is the stock falling? Well, for one thing, its longtime CEO retired out of the blue, which Wall Street never likes. But more important in the long term is the continued narrative that AI is disrupting the software industry as a whole. Despite posting consistent revenue growth, Adobe is considered a potential AI loser, no matter how strong its financials look today. Investors are worried about what might happen in 2028, rather than next quarter. A software rebound? Many software stocks have begun to rebound ever so slightly in March. This happened after industry stalwarts like Salesforce and Constellation Software reported strong earnings. Sure, there's still a lot of pessimism from Wall Street, b...

Key Points Adobe reported strong growth last quarter, but investors are still concerned about AI disruption. Software companies such as Adobe and Salesforce are increasing their share buyback programs. Updates next week from Micron and Accenture should give more data to the AI-disruption narrative. 10 stocks we like better than Adobe › Software stocks cannot seem to catch a break. On March 12 one of the largest software providers in the world, Adobe (NASDAQ: ADBE), reported strong growth, with revenue up 11% in constant currency. Despite these solid results, the stock sold off on continued fears about artificial intelligence (AI) disruption, and the retirement of longtime CEO Shantanu Narayen. Here's what Adobe's results mean for the AI narrative, along with two other indicators investors need to watch for in the S&P 500 index next week. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Strong growth, continued AI fears If you look at Adobe's latest financials, it's hard to find anything to complain about. Revenue grew 11% in constant currency, with business/consumer subscription revenue up 15% and creative/marketing revenue up 11%. Profits looked solid, with an operating income of $2.4 billion, up from $2.1 billion in the same quarter a year ago. The company is even using its massive earnings power to repurchase stock aggressively. The number of shares outstanding decreased by 11% over the last three years. So what is the problem? Why is the stock falling? Well, for one thing, its longtime CEO retired out of the blue, which Wall Street never likes. But more important in the long term is the continued narrative that AI is disrupting the software industry as a whole. Despite posting consistent revenue growth, Adobe is considered a potential AI loser, no matter how strong its financials look today. In...

Earnings Call Insights: Cibus, Inc. (CBUS) Q4 2025 Management View Peter Beetham, Co-Founder, Interim CEO, President, and COO, stated that 2025 was a landmark year for Cibus driven by "technology leadership, commercialization progress, scale and regulatory momentum, all arriving at the same time." He highlighted 7 rice customers representing over $200 million in potential annual royalty opportunities, receipt of the first customer payment from the sustainable ingredients program, and a selection by the U.K. government as a technology partner. Beetham emphasized the company's transition to a "commercially-driven company with a powerful technology engine" and noted, "we have shifted to a commercially-driven company with a powerful technology engine." Beetham discussed the evolution of customer relationships, indicating that seed companies now seek "ongoing genomic editing relationships, not just one trait in one crop but the possibility of a broader engagement throughout their entire portfolio." He noted this opens opportunities for "outsourced gene editing" in high-growth markets including India, Asia, and Latin America. Regarding the rice program, Beetham said, "Our 7 rice customers across the United States and Latin America represent an incredible $200 million in potential annual royalty opportunity through our herbicide tolerant traits." He confirmed the company remains on track for initial market entry in Latin America in 2027, U.S. expansion in 2028, and India/Asia entry closer to 2030. The company executed a nonbinding LOI with Interoc for commercialization of herbicide tolerant rice in Latin America, with plans to expand into additional countries. Beetham confirmed edited material has been returned for registration work and expects to advance negotiations toward a definitive commercial agreement late in 2026. In sustainable ingredients, Beetham announced the first payments from the biofragrance program, with commercial scale production targeted "later this yea...

当前，工业领域作为我国碳排放的重要来源，其深度脱碳已成为实现“双碳”目标的重要领域。2026年1月，工业和信息化部等五部门联合印发《关于开展零碳工厂建设工作的指导意见》，在国家层面构建了从方向引导到具体部署的推进过程，为零碳工厂建设提供了清晰的顶层设计与行动路线图。“十五五”规划纲要提出，“有序推动符合要求的高载能产业向可再生能源资源富集区域转移，建设零碳工厂和园区”。这一系统性部署不仅回应了全球应对气候变化的紧迫需求，更是我国培育新质生产力、重塑制造业国际竞争新优势的重要抓手。 零碳工厂并非指绝对意义上的“零排放”，其内涵是在特定时间周期内，通过技术创新、结构调整和管理优化等系统性减排措施，将厂区范围内的温室气体排放降至最低，并对无法消除的残余排放通过高质量碳抵消实现净零。 与侧重单位产值碳排放强度下降的“低碳工厂”以及涵盖多项环境绩效的“绿色工厂”相比，零碳工厂实现了从“相对优化”到“绝对转型”的跃升，聚焦于碳排放的净零目标，代表了制造业绿色低碳发展的前沿阶段。准确理解这一概念，关键是把减排放在首位，先通过各种技术经济可行的方式尽可能降低排放，对于确实无法削减的部分，再用碳抵消方式处理，而且抵消比例有明确限制。 零碳工厂建设的快速推进，离不开日趋完善的政策体系与标准框架的支撑。 《关于开展零碳工厂建设工作的指导意见》确立了2026年启动遴选、2027年培育建设、2030年逐步拓展的梯度推进路径，体现了因业施策、循序渐进的科学方法论。该文件系统布局了“科学算碳、源头减碳、过程脱碳、协同降碳、智能控碳、持续改进”六大建设方向，构建了覆盖全链条的实施框架。标准体系建设方面，我国已形成“团体标准先行、国家标准跟进、地方标准补充”的发展格局。中国节能协会发布的《零碳工厂评价规范》作为国内首个可量化评价标准，将零碳工厂分为通过自主减排及抵消实现碳中和的Ⅰ型与完全通过自主减排实现净零的Ⅱ型，为企业提供了差异化路径。国家标准《电工电子行业零碳工厂评价导则》已于2025年正式实施，标志着零碳工厂评价进入了规范化、行业细分的新阶段。江苏、浙江、上海等地相继出台评价办法与建设方案，结合区域产业特色进行创新探索。 零碳工厂的实现，依赖于能源系统重构、工艺过程脱碳、数字化赋能等前沿技术的协同创新与应用。 能源系统重构是基础，分布式光伏、绿电直购、工业微电网及“光储直柔”一体化系统已成为领...

供暖季全国天然气消费量达1800亿立方米 储气库采气创新高 2026-03-18 07:33:19 来源： 同花顺7x24快讯 分享 文章提及标的 消费 -- 天然气 -- 创历史新高 -- 随着北方地区供暖季结束，我国去冬今春天然气（885430）调峰保供任务圆满完成，本轮供暖季全国天然气（885430）消费（883434）量达1800亿立方米，同比增长超2%，其中多座储气库采气量创历史新高（883911），为群众温暖过冬和企业生产提供坚实气源保障。(央视新闻)

Chinese companies are boosting hedges through foreign‑exchange derivatives, pushing outstanding forward contracts to record levels, as the yuan’s surge threatens to erode exporters’ overseas earnings. Net outstanding forward settlement contracts reached $107 billion at the end of February, the highest level since records began in 2010, according to data from the State Administration of Foreign Exchange. The increase in hedging comes as robust foreign-exchange conversion, an improving US-China relationship, broad weakness in the greenback and the Chinese central bank’s strong fixing have boosted the yuan in recent months. The onshore currency has climbed against the US dollar in all but one week since the end of November, and reached its strongest level since April 2023 late last month. “The surge in FX forward contracts could have been due to the yuan appreciation trend in the past months and strong exports performance,” said Fiona Lim , a senior foreign-exchange strategist at Malayan Banking Berhad in Singapore. While the buildup in hedging helps exporters lock in exchange rates and guard against yuan strength, it has also led to a sharp rise in companies’ net dollar settlement positions in derivatives markets. That leaves them exposed to potential mark-to-market losses if the dollar rebounds abruptly against the Chinese currency amid global volatility stoked by the conflict in the Middle East. Read more: Yuan Faces Tail Risk to Appreciate Toward 6.5/USD, Citi Says China’s export growth accelerated far faster than expected in the first two months of the year, putting shipments on a record path before US and Israeli strikes on Iran disrupted global trade. But the escalating war — which is threatening to weaken demand by boosting inflation and slowing economic growth — has posed new risks for the world’s largest exporter. While there is room for the yuan’s bullish trend to extend, the war in Iran has injected more volatility in the dollar-yuan exchange rate, “likely ...

Investors are always looking for stocks that deliver robust gains, trying to squeeze the most out of their buck. Of course, finding big-time winners is much easier said than done, but investors can still deploy a basic framework that puts them on the path to reaping outsized gains. But what drives market outperformance? Let’s take a closer look at a few common traits among companies delivering outsized gains. Sales Growth Remains Key Sales growth is vital, as it’s the foundation of generating profits. Strong revenue generation allows companies to achieve scaling efficiencies, generate continuous shareholder value, and many other clear benefits. A clear-cut example of this has been Nvidia over the last several years, whose shares have soared on the back of rock-solid sales growth within its Data Center. Margins Are Critical Margin performance reveals how efficiently a company operates, showing whether it’s extracting more profit from each dollar of sales. Expansion indicates that a company is operating more efficiently, with better cost controls and other operational processes driving improved financial health. Innovation Keeps You Ahead of the Competition Innovation is crucial for a company to stay relevant, helping it maintain and expand its current market share. Nvidia is again a clear-cut example of this favorable development, whose innovation within artificial intelligence (AI) has launched shares and put it at the forefront of market headlines. Earnings Estimates Drive Near-Term Performance Favorable earnings estimate revisions are key for a stock to move higher, precisely where the Zacks Rank comes into play. The Zacks Rank uses four factors related to earnings estimates to classify stocks into five groups, ranging from ‘Strong Buy’ to ‘Strong Sell.’ Importantly, it allows individual investors to take advantage of trends in earnings estimate revisions and benefit from the power of institutional investors. The Zacks Rank can be seen in action below, capturing t...

A Chinese national and a Kenyan man were charged Tuesday with unlawfully dealing in wildlife species after they were found in possession of hundreds of live ants stored in specialised tubes. The case was the latest focused on the alleged smuggling of ants in the East African country, where authorities last year described a growing trend in the trafficking of ants to markets in Europe and Asia. Officials have not said if the ants are sought after as pets or for other purposes. The suspects, identified as Zhang Kequn and Charles Mwangi, appeared in a courtroom in the Kenyan capital of Nairobi on Tuesday. They were also charged with conspiracy to commit a felony. Advertisement Prosecutors say Kequn had been sourcing the ants from Mwangi, allegedly paying 60,000 Kenyan shillings (US$463) for an initial batch of 600 ants and 70,000 shillings (US$540) for another batch of 700. The suspects were arrested on March 10 after authorities found them possessing 1,948 garden ants, stored in specialised tubes, and an additional 300 ants in tissue rolls. Prosecutors say the suspects did not have the permits required under Kenya’s wildlife conservation laws to handle or trade in such species. Advertisement Mwangi faces a separate charge after he was allegedly found with more live ants.

(RTTNews) - The Malaysia stock market on Tuesday ended the two-day slide in which it had fallen almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,710-point plateau and it may extend its gains on Wednesday. The global forecast for the Asian markets suggests mild upside ahead of the U.S. monetary policy announcement later today. The European and U.S. markets were up and the Asian bourses are expected to follow that lead. The KLCI finished modestly higher on Tuesday following gains from the financials, industrials and telecoms, while the plantations were soft. For the day, the index added 14.43 points or 0.85 percent to finish at 1,710.99 after trading between 1,701.19 and 1,713.25. Among the actives, AMMB Holdings rallied 1.69 percent, while Axiata rose 0.44 percent, Celcomdigi tumbled 1.57 percent, CIMB Group improved 0.77 percent, Gamuda added 0.48 percent, IHH Healthcare gained 0.45 percent, IOI Corporation increased 0.50 percent, Kuala Lumpur Kepong eased 0.10 percent, Maybank collected 1.05 percent, MISC climbed 0.84 percent, MRDIY spiked 2.48 percent, Nestle Malaysia slumped 1.27 percent, Petronas Chemicals skyrocketed 8.08 percent, Petronas Dagangan perked 0.09 percent, PPB Group accelerated 2.33 percent, Press Metal fell 0.13 percent, Public Bank vaulted 1.25 percent, QL Resources gathered 0.27 percent, RHB Bank strengthened 1.21 percent, Sime Darby expanded 0.86 percent, SD Guthrie dropped 0.86 percent, Sunway jumped 1.94 percent, Telekom Malaysia advanced 0.81 percent, Tenaga Nasional was up 0.14 percent, YTL Corporation surged 4.22 percent, YTL Power soared 3.61 percent and 99 Speed Mart Retail, Maxis and Petronas Gas were unchanged. The lead from Wall Street is firm as the major averages opened higher on Tuesday and remained in the green throughout the day, although off session highs. The Dow added 46.85 points or 0.10 percent to finish at 46,993.26, while the NASDAQ climbed 105.35 points or 0.47 percent to end at ...

A few changes as Venezuela throws the lefty tonight – Gunnar Henderson who homered against the DR is out, and the right handed third baseman Alex Bregman is in. Pete Crow-Armstrong, the southpaw center fielder will sit in favor of Minnesota’s Byron Buxton. Otherwise, it’s the same lineup. Hello and welcome to our rolling, live coverage of the World Baseball Classic final between the United States of America and Venezuela. If it feels like it was just a few days ago that the tournament began, that’s because it was. It’s a short, compact schedule – this will be the 47th game played in just 13 days. This will be the first time these nations face-off at the WBC, but they did meet back in January in Caracas when the visiting US left pulled off a stunning surprise victory that included the removal of Venezuelan president Nicolás Maduro. That initial confrontation means this game takes on even higher stakes as the underdog South Americans bid to avenge their military defeat and take their first WBC title. The Americans, fresh off their tight 2-1 win in front of a partisan Dominican crowd in Miami, had a day off yesterday. Meanwhile, Venezuela enjoyed a comeback win over Italy that included 7.2 innings of stellar bullpen work and a seventh inning rally for the win. Venezuela shocked Japan in the quarterfinals, which is without question the biggest upset of this tournament, so they’re riding a wave as they head into this winner-take-all contest. Eduardo Rodríguez gets the ball for Venezuela. The veteran Diamondbacks 32-year-old hurler doesn’t have sexy MLB stats, but he did put together a couple of stellar seasons in 2018 and 2019 for the Red Sox, pitching in the World Series – albeit badly - when they beat the Dodgers. So does he have big game experience. How did he do in this tournament? He was battered by the DR for five runs, including two homers in 2.2 disappointing innings during his only appearance. Who is pitching for the United States? Not Jacob deGrom, not Tarik Sk...

Advertisement Recent share performance in context NVIDIA (NVDA) has seen mixed share performance recently, with a 1 day return of about a 0.7% decline and a 7 day move of roughly a 1.5% decline, while the past 3 months show a 6.4% gain. While the recent 1 day and 7 day share price returns have been slightly negative and the year to date share price return is also lower, the 1 year total shareholder return of 57.66% and very large 3 and 5 year total shareholder returns indicate that longer term momentum has been strong even as short term sentiment has cooled at a share price of $181.94. If NVIDIA has you thinking about where AI infrastructure demand could head next, this is a good moment to scan the wider opportunity set with the With NVIDIA now at $181.94, analyst targets implying further upside and some models suggesting a premium, the question is simple: is the current price an entry point, or is future growth already fully priced in? Most Popular Narrative: 6.9% Overvalued With NVIDIA last closing at $181.94 against a narrative fair value of $170.26, the most followed thesis on the stock is already baking in rich expectations. $400b annual revenue assumes Nvidia continues to be dominant in GPU design and AI software stack. Successful competition from AMD, Intel, or a Chinese firm could undermine this. Uptake of an open-source, cheaper, or better platform than Nvidia's CUDA would heavily undermine Nvidia's moat and enable any sizeable firm to directly engage semiconductor manufacturers, such as TSMC, to produce their own chips. This could steal away Nvidia's high margin products in a way similar to what Apple did with its M-Series chips. Want to see what has to happen for revenue, margins and future profit multiples to line up with that $400b outcome, according to KiwiInvest? The full narrative walks through an aggressive AI data center build out, heavy quarterly hardware demand and a premium earnings multiple that together support the $170.26 fair value, step by ...

市场静待美联储决议，美股、美债上涨，美元两连跌，布油收创三年多新高。 特朗普称对伊行动无需北约和日韩澳帮助，应考虑美国退出北约的可能性。伊朗最高领袖驳回与美国议和提案，坚持击败美以并索赔。伊朗最高国家安全委员会秘书拉里贾尼身亡。 美联储北京时间周四凌晨将公布利率决议，料按兵不动，政策声明或指出利率路径双向风险，关注点阵图。 中国国资委：聚焦“两重”“两新”，靠前谋划实施一批重大项目和标志性工程。 黄仁勋称芯片收入预期有“强能见度”，目标将继续膨胀，低延迟推理将成为AI经济下一个爆发引擎、电力芯片供需紧平衡将长期持续。 OpenAI发布GPT-5.4 mini与nano，以更低成本逼近旗舰模型性能。OpenAI紧急刹车：砍掉“支线任务”，All in编程和企业市场。 三星工会酝酿史上最大规模罢工，威胁芯片供应。 微软大刀阔斧重组AI部门，简化Copilot产品线，响应客户抱怨。 亚马逊CEO：AI或推动AWS销售2036年达6000亿美元，较此前预期翻倍。 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资，责任自负。

In this poignant documentary a director shares the footage he took of his son from birth until he was 20, and reflects on losing him The Norwegian director Gunnar Hall Jensen had been a wild youth, damaged by his mentally troubled mother and indifferent, absent father. So when his own son Jonathan was born in 2002, he felt the mix of trepidation and hope for redemption experienced by many rookie dads. “This new person was my responsibility,” Hall Jensen says at the start of Portrait of a Confused Father, a documentary drawing on the countless hours of footage he took of his child over the next two decades. “We would be connected until the day I die.” We are told from the outset, however, that their relationship ended tragically early. “Now the connection is gone,” Hall Jensen’s narration continues. “He is no longer here. Jonathan, my beautiful boy, is dead.” Jonathan passed away in 2023, and Hall Jensen chooses to conceal how this happened until the very end of the film. We are led to guess that it was misadventure on the young man’s part, something a better father might have been able to prevent: as Jensen embarks on a chronological, critical analysis of how he reacted to Jonathan’s developing character, every scene bears a bleak portent. Jensen reaches back into the past, to be with his son again and try to discover where they went wrong. Continue reading...

The wealth management businesses of Chinese investment banks in Hong Kong are growing faster than those of international rivals, as a buoyant initial public offering (IPO) market and rising cross-border flows strengthen their competitive edge. “Chinese investment banks are seeing accelerated growth … because [their] base is smaller and the current market environment favours them,” said Wang Lei, CEO of Huatai Financial Holdings (Hong Kong) , in an interview with the South China Morning Post, adding that foreign rivals were also expanding, but at a slower pace. “Hong Kong is a key centre for Chinese residents’ global asset allocation,” said Wang, who chairs the private wealth management committee at Huatai Securities. “Its wealth management market is increasingly entering a state of intensified competition.” Advertisement Regulators’ data is backing up this assessment. A survey published in July by the Securities and Futures Commission (SFC) showed that assets under management of mainland-related firms in Hong Kong grew 15 per cent to HK$3.09 trillion (US$448 billion) in 2024, outperforming the industry average for a fifth consecutive year. Their net fund inflows jumped 68 per cent to HK$256 billion in 2024, while headcount rose 5 per cent year on year, the survey said. Advertisement Meanwhile, some foreign private banks have been retreating from Hong Kong. Banque Internationale a Luxembourg, the Grand Duchy’s oldest bank, shut its Hong Kong wealth management office in early 2025, while Liechtenstein’s VP Bank closed its Hong Kong office in 2024 after 18 years.

医保部门意图发挥支付杠杆，提升报销待遇以吸引患者，基金结余更多留给基层医疗机构以缓解经营压力 图：IC photo 【财新网】 分级诊疗再添支持政策。3月16日，国家医保局联合国家发改委、国家卫健委印发《关于医保支持基层医疗卫生服务发展的意见》（下称《意见》），明确年度医保基金预付和待遇报销适当向基层医疗机构倾斜，将更多基层医疗机构纳入医保定点范围，同时优化基层医保支付方式考核。 分级诊疗一直是2009年起步新一轮医改的目标，试图建立“基层首诊、双向转诊”的诊疗体系，“强基层”也屡现各类官方文件。 近日公布的《国民经济和社会发展第十五个五年规划纲要》部署，促进优质医疗资源扩容下沉和区域均衡布局和实施医疗卫生强基工程，提升基层医疗卫生机构诊疗量占比，完善不同层级医疗机构差异化支付政策。