Hong Kong developer New World Development (NWD) is making 28 units of its Pavilia Rosa project in Kowloon Tong available to buyers on Friday, a test of sentiment and demand in the city’s residential property market amid a slumping Hang Seng Index. NWD said the flats would be sold via a regular price list on a “first come, first served” basis as the developer announced that the project had so far s...
Hong Kong developer New World Development (NWD) is making 28 units of its Pavilia Rosa project in Kowloon Tong available to buyers on Friday, a test of sentiment and demand in the city’s residential property market amid a slumping Hang Seng Index. NWD said the flats would be sold via a regular price list on a “first come, first served” basis as the developer announced that the project had so far sold 42 residences worth about HK$2.4 billion (US$127.6 million) via a tender. The launch on Friday...
Tate Modern, London The late artist found his calling in febrile 1960s Paris and this exhibition is imbued with an anarchist spirit – you can even spin the paintings! In a great scene in Jean-Luc Godard’s 1964 film Bande à Part, the young protagonists run through the Louvre, leaving puzzled art lovers and angry guards in their wake. It seems impromptu and genuinely disruptive yet Godard’s camera f...
Tate Modern, London The late artist found his calling in febrile 1960s Paris and this exhibition is imbued with an anarchist spirit – you can even spin the paintings! In a great scene in Jean-Luc Godard’s 1964 film Bande à Part, the young protagonists run through the Louvre, leaving puzzled art lovers and angry guards in their wake. It seems impromptu and genuinely disruptive yet Godard’s camera finds time to pause in front of Jacques-Louis David’s Oath of the Horatii, an icon of the French Revolution. This is 1960s Paris, a place where young radicals mock high culture in a carnival that starts with running in the museum and will end in 68 on the streets. Julio Le Parc’s retrospective at Tate Modern plunges you into that 1960s Paris and it’s riotous good fun. It takes a lot to get me off my contemplative pillar and physically “interact” with art but I was soon pushing buttons and spinning paintings. Marcel Duchamp called one of his late works Prière de Toucher (Please Touch), which would have made a good title for this show. Please touch these artworks, make them do things, let them do things to you. One of the simplest, Pattern to Manipulate, is a disc painted with a black and white abstraction: a red arrow on the wall tells you which way to spin it and when you do it fast, the black and white becomes pure white. Continue reading...
A worker died on Monday afternoon after falling from a building under construction at a public housing site in Hong Kong. Police said they received a report at 2.25pm from a staff member at the Yan Po Road site in Tuen Mun that a 33-year-old man had fallen about 44 metres (144 feet) from a building under construction and was found unconscious. He was rushed to Tuen Mun Hospital but was certified d...
A worker died on Monday afternoon after falling from a building under construction at a public housing site in Hong Kong. Police said they received a report at 2.25pm from a staff member at the Yan Po Road site in Tuen Mun that a 33-year-old man had fallen about 44 metres (144 feet) from a building under construction and was found unconscious. He was rushed to Tuen Mun Hospital but was certified dead at 3.11pm. The case has been classified as an industrial accident. Detectives from the Tuen Mun...
Graham (GHM) delivered earnings and revenue surprises of +9.09% and +11.58%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Graham (GHM) delivered earnings and revenue surprises of +9.09% and +11.58%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Tech stocks are recovering from a brusing sell-off ahead of Oracle earnings, Apple's Worldwide Developers Conference, and the highly anticipated SpaceX IPO.
Tech stocks are recovering from a brusing sell-off ahead of Oracle earnings, Apple's Worldwide Developers Conference, and the highly anticipated SpaceX IPO.
Tech stocks are recovering from a brusing sell-off ahead of Oracle earnings, Apple's Worldwide Developers Conference, and the highly anticipated SpaceX IPO.
Tech stocks are recovering from a brusing sell-off ahead of Oracle earnings, Apple's Worldwide Developers Conference, and the highly anticipated SpaceX IPO.
Tech stocks are recovering from a brusing sell-off ahead of Oracle earnings, Apple's Worldwide Developers Conference, and the highly anticipated SpaceX IPO.
Tech stocks are recovering from a brusing sell-off ahead of Oracle earnings, Apple's Worldwide Developers Conference, and the highly anticipated SpaceX IPO.
AlexSecret/iStock via Getty Images Although it hit a new record high close on Tuesday, the S&P 500 ( SPX ) went on to drop 2.6% from its previous week's close to fall to 7,383.74 on Friday, 5 June 2026. Investors reacted negatively to the May 2026 U.S. employment situation report , which was stronger than expected . That unexpected strength boosted the likelihood the U.S. Federal Reserve will act ...
AlexSecret/iStock via Getty Images Although it hit a new record high close on Tuesday, the S&P 500 ( SPX ) went on to drop 2.6% from its previous week's close to fall to 7,383.74 on Friday, 5 June 2026. Investors reacted negatively to the May 2026 U.S. employment situation report , which was stronger than expected . That unexpected strength boosted the likelihood the U.S. Federal Reserve will act to hike short-term U.S. interest rates in both 2026 and 2027. That change in rate hike expectations prompted investors to transfer their forward-looking focus from 2026-Q4, to which it had just shifted a week earlier , back to the current quarter of 2026-Q2. That timing coincides with the upcoming two-day meeting of the Fed's rate-setting Open Market Committee on 16-17 June 2026, which, because of the change in rate hike expectations, has taken on greater importance to investors of how Federal Reserve officials will signal their future rate-setting actions. The latest update of the alternative futures chart shows this new Lévy flight event with the S&P 500's trajectory moving from the projected path associated with investors focusing on 2026-Q4 to the lower end of the range associated with investors looking to 2026-Q2 as they make current-day investment decisions. As for what rate expectations investors now have, the CME Group's FedWatch Tool indicates a quarter-point increase in the Federal Funds Rate most likely hitting on 9 December (2026-Q4), but with better than even odds it will be followed by another quarter-point rate hike in 2027, which hadn't been in the FedWatch tool's outlook. The stronger-than-expected jobs report wasn't the only news investors had to absorb during the trading week that was. Here are the week's market-moving headlines: Monday, 1 June 2026 Signs and portents for the U.S. economy: US manufacturing activity at four-year high, supply constraints growing Oil closes up more than 4% on halt in US-Iran talks, risk of blockades US crude exports hit reco...