Whatever one's perspective, it seems certain that away from the on-field spectacle, this super-sized World Cup could be among the most contentious ever.
Whatever one's perspective, it seems certain that away from the on-field spectacle, this super-sized World Cup could be among the most contentious ever.
Singapore’s Prime Minister Lawrence Wong has said his government will focus on making life better for families and rely less on incentives to encourage citizens to have more babies, as the city state grapples with a record-low fertility rate. Wong acknowledged the limits of government efforts to reverse falling birth rates, a challenge confronting countries around the world. “Think about it less a...
Singapore’s Prime Minister Lawrence Wong has said his government will focus on making life better for families and rely less on incentives to encourage citizens to have more babies, as the city state grapples with a record-low fertility rate. Wong acknowledged the limits of government efforts to reverse falling birth rates, a challenge confronting countries around the world. “Think about it less as procreation incentive,” he said at a Singapore Press Club dialogue on Monday. “Think more about...
Alphabet Inc.-backed (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo has reportedly acquired Apple Inc.‘s (NASDAQ:AAPL) self-driving proving facility in Arizona for $220 million. Waymo Acquires Apple Facility On Monday, the Phoenix Business Journal first reported that Waymo acquired the property from Delaware-based Route 14 Investment Partners LLC, which is associated with Apple. The 5,500-acre facility includ...
Alphabet Inc.-backed (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo has reportedly acquired Apple Inc.‘s (NASDAQ:AAPL) self-driving proving facility in Arizona for $220 million. Waymo Acquires Apple Facility On Monday, the Phoenix Business Journal first reported that Waymo acquired the property from Delaware-based Route 14 Investment Partners LLC, which is associated with Apple. The 5,500-acre facility includes a 115-acre city course, as well as a four-mile oval track and a freeway course. Read Also: Tesla
US President Donald Trump renewed his claims of momentum toward ending the conflict with Iran, after brokering a halt to hostilities between Israel and the Islamic Republic and easing tensions that had threatened to derail broader peace efforts. “We’re in the final throes of what will be a very, very good deal,” Trump told reporters in New York on Tuesday. “We could have at least an idea one or tw...
US President Donald Trump renewed his claims of momentum toward ending the conflict with Iran, after brokering a halt to hostilities between Israel and the Islamic Republic and easing tensions that had threatened to derail broader peace efforts. “We’re in the final throes of what will be a very, very good deal,” Trump told reporters in New York on Tuesday. “We could have at least an idea one or two days from now.” The US president spoke hours after Iran and Israel agreed to halt strikes on each other following a flare-up that saw both countries launch waves of ballistic missiles. He has repeatedly spoken of an interim agreement to end the war that began when the US and Israel started bombing Iran in February. A ceasefire has been in place for about two months, but sporadic fighting among the US, Iran and Israel has continued, underscoring the risk of a return to full-scale war in the absence of a lasting peace deal. Israel’s Prime Minister Benjamin Netanyahu said in a televised statement on Monday that he would hold fire on Iran for now but would respond should Tehran attack again. Earlier, local TV station N12 reported that strikes in south Lebanon, where Israel is fighting Iran-backed Hezbollah militants, would continue at full force. Iran also announced an end to its military operations against Israel. But its central military command warned that if Israel continued to attack, including in southern Lebanon, “much harsher and more crushing actions than before will be on the way,” the semi-official Fars news agency reported , citing a statement. Even as the clashes seemed to subside, a US Army Apache helicopter went down near the Strait of Hormuz and it wasn’t clear if the aircraft suffered mechanical troubles or had been shot down by Iran, the New York Times reported. Asked about the episode, Trump said the pilots were fine and that a report would be released later Tuesday. Highlighting the tenuous nature of the pullback, Iranian President Masoud Pezeshkian said i...
(RTTNews) - Alibaba Group Holding Ltd. (BABA, 9988.HK), an e-commerce and technology company, on Monday said the U.S. Department of Defense has included the company on its list of Chinese Military Companies.
(RTTNews) - Alibaba Group Holding Ltd. (BABA, 9988.HK), an e-commerce and technology company, on Monday said the U.S. Department of Defense has included the company on its list of Chinese Military Companies.
McDonald’s has sold another Hong Kong retail property, continuing its years-long effort to cash in on real estate assets accumulated during its rapid expansion across the city over the past few decades. The latest disposal involved Shop 1 on the upper ground floor of Parkvale Place on King’s Road in Quarry Bay, which changed hands for HK$110 million (US$14 million), according to Land Registry reco...
McDonald’s has sold another Hong Kong retail property, continuing its years-long effort to cash in on real estate assets accumulated during its rapid expansion across the city over the past few decades. The latest disposal involved Shop 1 on the upper ground floor of Parkvale Place on King’s Road in Quarry Bay, which changed hands for HK$110 million (US$14 million), according to Land Registry records. MCD Real Properties, a company linked to McDonald’s, sold the shop to Uni Investment...
A U.S. Army Apache attack helicopter crashed near the Strait of Hormuz, with President Trump saying the two crew members on board were "fine" after the incident. Trump also expressed optimism over negotiations with Iran. (Image credit: Mark Schiefelbein)
A U.S. Army Apache attack helicopter crashed near the Strait of Hormuz, with President Trump saying the two crew members on board were "fine" after the incident. Trump also expressed optimism over negotiations with Iran. (Image credit: Mark Schiefelbein)
FabrikaCr Asian equity markets mixed on Tuesday taking cues from Wall Street's overnight gains as chipmakers staged a strong recovery from Friday's steep selloff. Market sentiment was further supported as investors closely monitored tech sector valuation adjustments and the status of a fragile ceasefire between Iran and Israel. Gold steadied above $4,300 an ounce. WTI crude futures eased to $91 pe...
FabrikaCr Asian equity markets mixed on Tuesday taking cues from Wall Street's overnight gains as chipmakers staged a strong recovery from Friday's steep selloff. Market sentiment was further supported as investors closely monitored tech sector valuation adjustments and the status of a fragile ceasefire between Iran and Israel. Gold steadied above $4,300 an ounce. WTI crude futures eased to $91 per barrel after having reached $95 earlier. The benchmark KOSPI rose more than 3% to around 7,720, recovering part of the previous session's selloff. The South Korean won strengthened to around 1,518 per dollar. Japan's ( NKY:IND ) rose 1.84% to above 65,000, while the broader Topix Index advanced 0.5% to 3,871 . China's ( SHCOMP ) rose 0.68% to 3,965 on Tuesday, while the Shenzhen Component advanced 1.2%, and the offshore yuan held its gains around 6.78 per dollar. China’s trade surplus expanded to $105.43 billion in May 2026, up from $102.72 billion in May 2025, comfortably beating market forecasts of $92.1 billion. Exports grew sharply by 19.4% year-on-year to a record $376.78 billion in May 2026. Meanwhile, imports climbed 27.4% year-on-year to $271.35 billion, beating consensus estimates Hong Kong ( HSI ) fell 0.34% to 24,600, extending losses for a fifth straight session. India ( SENSEX ) rose 0.16% to 73,801, recovering from two consecutive sessions of losses. The Indian rupee firmed to around 95.4 per dollar. Australia ( AS51 ) fell 0.19% to 8,518, marking a third straight decline. The Australian dollar rose above $0.705, but stayed at a two-month low. Australia’s Westpac–Melbourne Institute Consumer Sentiment Index dropped 3.5% month-over-month to 80.6 in June 2026. In the U.S. on Monday, all three major indexes ended mixed supported by a rebound in chip stocks after sharp losses in previous session and renewed optimism surrounding AI. U.S. stock futures eased after the S&P 500 and Nasdaq Composite opened the week higher: Dow +0.12% ; S&P 500 +0.24% ; Nasdaq +0.52% ...
design master/iStock via Getty Images Almost a year ago to this day, I made a bold prediction. I mentioned that Oxford Lane Capital Corporation ( OXLC ), and incredibly popular closed-end fund that invests in risky assets, most notably CLOs (collateralized loan obligations), would prove to be a bad investment. I made the case at the time that the distributions it was paying out were unsustainable ...
design master/iStock via Getty Images Almost a year ago to this day, I made a bold prediction. I mentioned that Oxford Lane Capital Corporation ( OXLC ), and incredibly popular closed-end fund that invests in risky assets, most notably CLOs (collateralized loan obligations), would prove to be a bad investment. I made the case at the time that the distributions it was paying out were unsustainable and that it would certainly underperform the market for the foreseeable future. From that time through today, the fund has done exactly that. While the S&P 500 is up a solid 25.3%, units of this prospect have generated a total loss for investors of 38.7%. And since I originally turned bearish on it in October of 2023, its return for investors, including distributions, has been negative to the tune of 21.7%. The market, meanwhile, is up an astounding 78.3%. If you were to award an Olympic medal for one of the worst prospects on the market during this window of time, Oxford Lane Capital Corporation certainly would have placed in the upper echelon. Data by YCharts It's not just the S&P 500 that Oxford Lane Capital Corporation has underperformed. I also compared it to Eagle Point Credit Company ( ECC ), XAI Octagon Floating Rate & Alternative Income Trust ( XFLT ), OFS Credit Company ( OCCI ), Eagle Point Income Company ( EIC ), and Great Elm Capital Corporation ( GECC ) in the chart above. Over the last five years, it hasn't been the worst candidate, but it certainly hasn't been the best. The total return, inclusive of distributions, has been negative to the tune of 31.7%. But three of these five alternatives have generated superior returns while also boasting yields today of between 15.9% and 24.5%. Looking at the data today, I can't say that I am feeling any differently than I did back then. The fact of the matter is that management continues to pay out more than the fund generates in returns. In order to continue paying out these distributions, it essentially is diluting sh...
(RTTNews) - Koninklijke KPN N.V. (KPN.AS, KKPNY, KPN), a Dutch telecommunications and IT provider, responded to the decision by the Dutch Authority for Consumers and Markets or ACM to prohibit Glaspoort's proposed acquisition of about 200,000 fiber-to-the-home connections from DE
(RTTNews) - Koninklijke KPN N.V. (KPN.AS, KKPNY, KPN), a Dutch telecommunications and IT provider, responded to the decision by the Dutch Authority for Consumers and Markets or ACM to prohibit Glaspoort's proposed acquisition of about 200,000 fiber-to-the-home connections from DE
It may have been a while since you last heard of Digital Turbine (NASDAQ: APPS) , if you even remember it. The stock had been floating in penny-stock land for multiple years after collapsing by more than 95% from its 2021 highs. However, the mobile adtech company's stock more than doubled in May, and it wasn't a meme rally. The fundamentals have changed meaningfully for Digital Turbine, and this m...
It may have been a while since you last heard of Digital Turbine (NASDAQ: APPS) , if you even remember it. The stock had been floating in penny-stock land for multiple years after collapsing by more than 95% from its 2021 highs. However, the mobile adtech company's stock more than doubled in May, and it wasn't a meme rally. The fundamentals have changed meaningfully for Digital Turbine, and this may be the start of a massive turnaround. Image source: Getty Images. Continue reading
hirun/iStock via Getty Images Performance Recap • PGIM Jennison Rising Dividend Fund advanced for the quarter and outperformed the -4.3% return of the S&P 500 Index. Overall, dividend-paying stocks outperformed the broader market in the quarter. • Security selection within the consumer discretionary, communication services, and consumer industrials sectors, along with overweight's to energy, indus...
hirun/iStock via Getty Images Performance Recap • PGIM Jennison Rising Dividend Fund advanced for the quarter and outperformed the -4.3% return of the S&P 500 Index. Overall, dividend-paying stocks outperformed the broader market in the quarter. • Security selection within the consumer discretionary, communication services, and consumer industrials sectors, along with overweight's to energy, industrials, and utilities and an underweight to information technology added the most value during the period. • Stock selection within the consumer staples and energy sectors, along with an overweight to financials detracted the most from relative performance during the quarter. • Notable absolute performance contributors for the period were Cheniere Energy ( LNG ), GE Vernova ( GEV ), Caterpillar ( CAT ), TotalEnergies ( TTE ), and AT&T ( T ). Notable absolute performance detractors were IBM ( IBM ), Estee Lauder ( EL ), Microsoft ( MSFT ), Broadcom ( AVGO ), and Constellation Energy ( CEG ). Positioning & Outlook • U.S. equity markets in 1Q26 were dominated by geopolitical escalation and energy-driven inflation risk, leading to weak quarterly performance. The Iran conflict, and resulting disruptions to the Strait of Hormuz, sharply constrained global oil supply, driving a surge in energy prices even as headline Consumer Price Index (CPI) appeared stable. These dynamics led markets to price fewer rate cuts through 2026 and resulted in a move toward defensive and commodity-sensitive sectors. • Despite generally resilient corporate earnings, the quarter was also marked by multiple compression and a rotation away from growth, particularly within technology and Artificial Intelligence ( AI ) related stocks. Elevated valuations proved vulnerable as the macro backdrop, as well as continued skepticism around AI near-term investment returns, left growth indices exposed. Market performance was driven by a strong surge in the energy sector, and cyclical and defensive sectors broadly ou...