Planning application expected shortly as London City airport and bank reach agreement for 265m-high building Business live – latest updates JP Morgan Chase has reached agreement with London City airport to build one of Europe’s tallest office towers in the east of the capital. The £3bn tower is poised to be the tallest in the Canary Wharf financial district, after JP Morgan, one of Wall Street’s b...
Planning application expected shortly as London City airport and bank reach agreement for 265m-high building Business live – latest updates JP Morgan Chase has reached agreement with London City airport to build one of Europe’s tallest office towers in the east of the capital. The £3bn tower is poised to be the tallest in the Canary Wharf financial district, after JP Morgan, one of Wall Street’s biggest banks, secured approval from the airport. Continue reading...
tang90246/iStock Editorial via Getty Images Introduction It is wild to think that Apple Inc. ( AAPL ) has just turned 50 years old. I’ve been an iPhone user for about 12 years now, and all of my gadgets are Apple, including the laptop, the accessories like a mouse, an iPad, a headset, a watch, basically all of the devices I use, except for my PlayStation. But even as an active user, I’ve been pret...
tang90246/iStock Editorial via Getty Images Introduction It is wild to think that Apple Inc. ( AAPL ) has just turned 50 years old. I’ve been an iPhone user for about 12 years now, and all of my gadgets are Apple, including the laptop, the accessories like a mouse, an iPad, a headset, a watch, basically all of the devices I use, except for my PlayStation. But even as an active user, I’ve been pretty skeptical of the stock. Lately, though, the company has been surprising me with how aggressive they are willing to be against their competitors, and this whole story is getting more interesting for me. There are also rumors that Amazon ( AMZN ) is eyeing Globalstar ( GSAT ) (where Apple owns a 20% stake of licensing and satellites and effectively controls the network capacity), which could impact Apple stock. Besides, there is the global memory shortage, and it looks like Apple realized it will be paying more anyway, so it decided to disrupt the competitors on the way. Ahead of the earnings on April 30 , the market is clearly paying attention to Apple, with almost 30 positive EPS revisions in the last few months, and while I recognize the effort they are making to capture market share, I’m still not convinced the long-term future looks as bright as the current earnings suggest. Latest & Upcoming Quarter's Earnings Q1 2026 Earnings Before I jump into the news, let’s remember what Apple delivered in the last quarter and what to expect from the company right now. The first thing I have to say, looking at the numbers, is that it’s insane how much money Apple is making, and the growth the company just presented. I knew the iPhone 17 was a hit because I was one of the people trying to buy it and ended up waiting for a few months because of the shortage, but it is completely different seeing it as revenue on the books. They made over $143 billion in a quarter, which is an absolute record. Most of that came from the iPhone 17, which grew 23%. The best part is that the rest of th...
tang90246/iStock Editorial via Getty Images Introduction It is wild to think that Apple Inc. ( AAPL ) has just turned 50 years old. I’ve been an iPhone user for about 12 years now, and all of my gadgets are Apple, including the laptop, the accessories like a mouse, an iPad, a headset, a watch, basically all of the devices I use, except for my PlayStation. But even as an active user, I’ve been pret...
tang90246/iStock Editorial via Getty Images Introduction It is wild to think that Apple Inc. ( AAPL ) has just turned 50 years old. I’ve been an iPhone user for about 12 years now, and all of my gadgets are Apple, including the laptop, the accessories like a mouse, an iPad, a headset, a watch, basically all of the devices I use, except for my PlayStation. But even as an active user, I’ve been pretty skeptical of the stock. Lately, though, the company has been surprising me with how aggressive they are willing to be against their competitors, and this whole story is getting more interesting for me. There are also rumors that Amazon ( AMZN ) is eyeing Globalstar ( GSAT ) (where Apple owns a 20% stake of licensing and satellites and effectively controls the network capacity), which could impact Apple stock. Besides, there is the global memory shortage, and it looks like Apple realized it will be paying more anyway, so it decided to disrupt the competitors on the way. Ahead of the earnings on April 30 , the market is clearly paying attention to Apple, with almost 30 positive EPS revisions in the last few months, and while I recognize the effort they are making to capture market share, I’m still not convinced the long-term future looks as bright as the current earnings suggest. Latest & Upcoming Quarter's Earnings Q1 2026 Earnings Before I jump into the news, let’s remember what Apple delivered in the last quarter and what to expect from the company right now. The first thing I have to say, looking at the numbers, is that it’s insane how much money Apple is making, and the growth the company just presented. I knew the iPhone 17 was a hit because I was one of the people trying to buy it and ended up waiting for a few months because of the shortage, but it is completely different seeing it as revenue on the books. They made over $143 billion in a quarter, which is an absolute record. Most of that came from the iPhone 17, which grew 23%. The best part is that the rest of th...
Harsa Maduranga/iStock via Getty Images By Robin Marshall, M.A., M.Phil, Head of FICC Research Energy shock threat but relative value in 10 yr yields ? Emerging Asia (exc. China) govt bond returns have fallen on the energy shock in 2026 - a bigger shock for APAC than Ukraine in 2022, given energy supply logistics. Central banks must now gauge recession risks against inflation. Bond markets reacted...
Harsa Maduranga/iStock via Getty Images By Robin Marshall, M.A., M.Phil, Head of FICC Research Energy shock threat but relative value in 10 yr yields ? Emerging Asia (exc. China) govt bond returns have fallen on the energy shock in 2026 - a bigger shock for APAC than Ukraine in 2022, given energy supply logistics. Central banks must now gauge recession risks against inflation. Bond markets reacted to inflation risks swiftly, led by Philippines and Indonesia, and all govt bonds have discounted higher inflation rates in 2026, already. But slower growth on the energy shock would enhance the appeal of yields near 7% in 10 yrs in some markets, even if the energy shock proves to have a long tail. Macro and policy backdrop - Thailand, Philippines & India more exposed to an energy shock An energy shock would worsen growth/inflation trade-offs in Thailand, Philippines & India, though it comes when inflation rates are generally low. Indonesia and Malaysia are less exposed. Emerging Asia govt bond markets - Curves steepen to 2023-24 levels Curve steepening in India & Indonesia in 7-10 yrs gives more yield protection in longs, and relatively high outright yields, above 6.5% in 10 yrs. Surprise Thai rate cut drives yields to cycle lows. Spotlight on India - Inflation rebound and exchange rate weakness delay rate cuts GDP growth of 7.8% in Q4 y/y, and rupee weakness reduce pressure on the RBI to ease policy further, with inflation returning to the 2-6% target range in February at 3.2% y/y. Yield levels and changes - Yields backed up on energy shock in Q1, led by Philippines Yields have generally risen in March, although Indian and Malaysian yields moved less. Philippine yields rose the most, across the yield curve, reflecting high net energy exposures. Emerging Asia bond returns - Most returns now negative on 12 months, after Q1 turnaround Only Malaysia and Thailand show positive returns on 12M, helped by exchange rate gains. But Thailand and Philippines suffered the biggest 1M l...
Trump, Rubio Eye Visa Revocations For Nearly 4,000 Iranian Elites Living In America Podcaster Katie Miller, who is also the wife of White House Deputy Chief of Staff Stephen Miller, said on Fox News overnight that the Trump administration and the State Department, under Secretary Marco Rubio, are planning to revoke the visas of thousands of Iranian elites living in the U.S. "You look at the UK, an...
Trump, Rubio Eye Visa Revocations For Nearly 4,000 Iranian Elites Living In America Podcaster Katie Miller, who is also the wife of White House Deputy Chief of Staff Stephen Miller, said on Fox News overnight that the Trump administration and the State Department, under Secretary Marco Rubio, are planning to revoke the visas of thousands of Iranian elites living in the U.S. "You look at the UK, and look what Keir Starmer has in his own country. You look at the nephew of Khomeini [Ruhollah Khomeini], you look at the niece of Rouhani [Hassan Rouhani]. And you say, why are there so many elites from the Iranian regime being given safety, not only here in America, but in European countries, for so long ?" Miller asked while speaking with Fox's Sean Hannity. Miller then dropped the bombshell: " I know that President Trump and Secretary Rubio are working so diligently to revoke the visas of nearly three to four thousand Iranian elites who currently live in this country . The double standard, not only in their wardrobe, but in the fact that they get to live here in the greatest country in the world with safety and prosperity. Man, you couldn't make it up, Sean, if you tried." 🚨 JUST IN: President Trump and Secretary Rubio are REVOKING 4,000 VISAS of Iranians living in the US, per @KatieMiller “There’s a double standard! Not only in their wardrobe, but the fact they get to live here in the greatest country in the world, with SAFETY AND PROSPERITY!” pic.twitter.com/QjovHWLg0e — Nick Sortor (@nicksortor) April 7, 2026 Attention on Iranian elites living luxurious Western lifestyles has increased in recent weeks, especially after it was discovered that two Iranian women - 47-year-old Hamideh Soleimani Afshar and her daughter, 25-year-old Sarina Sadat Hosseiny, the niece and grandniece of former Quds Force commander Qassem Soleimani - had been living in Los Angeles. Both have since been arrested by U.S. immigration officials. NEW: The niece and grand-niece of slain Iranian Gen. Q...
Hong Kong’s East Dam welcomed about 1,400 visitors daily over the first four days of the Easter break, despite the adverse weather, conservation authorities have said, while revealing littering and illegal camping figures for the site and the surrounding area. The Agriculture, Fisheries and Conservation Department (AFCD) said on Tuesday that it recorded 18 cases of law enforcement action being tak...
Hong Kong’s East Dam welcomed about 1,400 visitors daily over the first four days of the Easter break, despite the adverse weather, conservation authorities have said, while revealing littering and illegal camping figures for the site and the surrounding area. The Agriculture, Fisheries and Conservation Department (AFCD) said on Tuesday that it recorded 18 cases of law enforcement action being taken at Sai Kung East Country Park for such offences between Good Friday and Easter Monday. “The AFCD...
America’s Health Insurance Plans (AHIP), the largest trade group representing the U.S. health insurers, announced that leading health plans have removed 11% of prior authorization requirements since pledging last year to streamline the cumbersome process. Prior authorizations, also known as pre-authorizations, require healthcare providers to obtain coverage approvals from health plans before proce...
America’s Health Insurance Plans (AHIP), the largest trade group representing the U.S. health insurers, announced that leading health plans have removed 11% of prior authorization requirements since pledging last year to streamline the cumbersome process. Prior authorizations, also known as pre-authorizations, require healthcare providers to obtain coverage approvals from health plans before proceeding with certain non-emergency medical procedures. In June, following discussions with the Department of Health and Human Services and the Centers for Medicare & Medicaid Services, AHIP agreed to simplify and streamline prior authorizations, which have long added administrative hurdles and delayed patient care. Citing a new survey conducted in partnership with the Blue Cross Blue Shield Association, the group said that findings also indicate more than a 15% reduction in prior authorizations in Medicare Advantage plans committed to the goal. Medical procedures with defined guidelines, clear benefits in patient outcomes, and consistent utilization patterns were among the processes that will no longer require prior authorizations, AHIP noted, adding that the decision will mean 6.5M fewer prior authorizations for patients. AHIP members, including Humana ( HUM ), CVS Health ( CVS ), Cigna ( CI ), Alignment Healthcare ( ALHC ), Centene ( CNC ), Molina Healthcare ( MOH ), Elevance Health ( ELV ), and Oscar Health ( OSCR ), signed the commitment along with UnitedHealth ( UNH ). More on UnitedHealth, CVS, etc. UnitedHealth: The CMS Boost Changes Everything Now Cigna: Flashing A Buy For Dividend Growth And Deep Value UnitedHealth: Why It's Still Not Too Late To Buy The Turnaround Biggest stock movers Tuesday: HUM, UNH, and more Quant check on insurer stocks as Medicare Advantage rate boost drives gains
Alphabet 's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google has been pushing the envelope in the field of artificial intelligence (AI). The tech giant has not just been using AI across its advertising and cloud computing applications to help boost user engagement and increase advertisers' returns; it is also making progress on the hardware front. Specifically, Google has been looking for ways to reduce the ...
Alphabet 's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google has been pushing the envelope in the field of artificial intelligence (AI). The tech giant has not just been using AI across its advertising and cloud computing applications to help boost user engagement and increase advertisers' returns; it is also making progress on the hardware front. Specifically, Google has been looking for ways to reduce the cost of AI computing by designing AI processors in-house so it doesn't have to rely solely on expensive Nvidia chips. And now, it seems that the "Magnificent Seven" company has made another important breakthrough that could substantially lower computing costs. Image source: Alphabet. Continue reading