Sophie Huynh, portfolio manager at BNP Paribas Asset Management, discusses the outlook for tech stocks and why she sees value in China. "In a world where Europe is stuck in the middle, we could come to a world where the AI frontier models in the US stay in the US, but China at the same time is just six months behind," Huynh tells Bloomberg Television. (Source: Bloomberg)
Sophie Huynh, portfolio manager at BNP Paribas Asset Management, discusses the outlook for tech stocks and why she sees value in China. "In a world where Europe is stuck in the middle, we could come to a world where the AI frontier models in the US stay in the US, but China at the same time is just six months behind," Huynh tells Bloomberg Television. (Source: Bloomberg)
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
We Are/DigitalVision via Getty Images I previously rated VICI Properties Inc. ( VICI ) as a Strong Buy in April 2026, given the compelling dual-pronged return prospects across dividend incomes/capital appreciation. In this article, I shall discuss why VICI remains a Strong Buy here, thanks to the overly done pessimism from the macro/geopolitical uncertainty along with the potential Caesars Enterta...
We Are/DigitalVision via Getty Images I previously rated VICI Properties Inc. ( VICI ) as a Strong Buy in April 2026, given the compelling dual-pronged return prospects across dividend incomes/capital appreciation. In this article, I shall discuss why VICI remains a Strong Buy here, thanks to the overly done pessimism from the macro/geopolitical uncertainty along with the potential Caesars Entertainment's ( CZR ) and MGM Resorts' ( MGM ) buyout deals. VICI Faces Numerous Headwinds VICI 1Y Stock Price (Trading View) 1. The REITs Missed The Market Rotation To Dividend Stocks For now, VICI has already lost most of its April/May 2026 gains, with a similar trend also observed in its REIT peers in varying degrees - against the wider market's rally by +13.5% over the same time period. This development is unsurprising indeed, given the potential dissolution of the US-Iran's previous ceasefire agreement , with the renewed hostilities potentially giving way to another round of higher oil prices and a higher-for-longer inflationary environment. With the latter potentially triggering a Fed rate hike while delaying the macroeconomic normalization, I can understand why the REIT sector has underperformed despite the recent market rotation to dividend stocks . This is attributed to the REIT sector's sensitivity to the elevated borrowing cost environment and, consequently, narrower spreads to their investment yields. 2. Caesars/MGM Deal Uncertainties At the same time, part of the pessimism embedded in VICI's stock prices may be attributed to the potential buyout deals for its top two tenants. For reference, CZR had struck a deal to be acquired by Fertitta Entertainment in an all-cash transaction valued at approximately $17.6B in May 2026. The same has been observed in MGM receiving an offer from People Incorporated worth $18B in June 2026. These are material developments indeed, since CZR comprises 37.7% of VICI's annualized rent in May 2026 (pg 14) and MGM at 32.2%, with it remaini...
Japan loves plastic. But the war in Iran is forcing it to rethink its love for the cheap material and the feasibility of individually wrapping every product. Alice French explains. (Source: Bloomberg)
Japan loves plastic. But the war in Iran is forcing it to rethink its love for the cheap material and the feasibility of individually wrapping every product. Alice French explains. (Source: Bloomberg)
Broadcom extended its chip supply deal with Apple through 2031, valued at over $30 billion, highlighting its non-AI semiconductor and infrastructure software revenue beyond its core AI chip business.
Broadcom extended its chip supply deal with Apple through 2031, valued at over $30 billion, highlighting its non-AI semiconductor and infrastructure software revenue beyond its core AI chip business.
Wharf Real Estate Investment Co. has been exploring an exit of its Singapore property portfolio located in the premier Orchard Road shopping district, according to people familiar with the deliberations. The Hong Kong-based firm majority-owned by billionaire Peter Woo has been looking to sell its Wheelock Place and Scotts Square malls, the people said, asking not to be identified because the infor...
Wharf Real Estate Investment Co. has been exploring an exit of its Singapore property portfolio located in the premier Orchard Road shopping district, according to people familiar with the deliberations. The Hong Kong-based firm majority-owned by billionaire Peter Woo has been looking to sell its Wheelock Place and Scotts Square malls, the people said, asking not to be identified because the information is private. The properties were valued collectively at HK$7.7 billion ($982 million) at the end of 2025, according to the company’s latest annual report. But the people said Wharf, which owns the assets via a Singapore subsidiary, is seeking to sell them at a higher price. Wharf plans to divest Scotts Square before Wheelock Place, the latter for which it will want more than S$1.1 billion ($852 million), according to the people. That’s in part because Scotts Square has faced challenges despite its prime location, including a higher tenant turnover and weaker footfall relative to other malls in the retail strip, the people said. Scotts Square contains roughly 130,900 square feet of retail space. The freehold asset was marketed at a guide price of S$450 million by property consultancy Savills Plc in early 2024, and no sale ensued. CBRE Group Inc. has been marketing the property this year at around S$400 million, the people said. A Wharf representative declined to comment, while CBRE didn’t respond to queries from Bloomberg. Wheelock Place, with an iconic cone-shaped atrium, was built more than three decades ago and has a lease expiring in 2089. It has about 465,800 square feet of retail and office space. Despite a few major deals in recent years in the retail strip, the buyer base has proved relatively narrow for the assets there. Most recently, CapitaLand Integrated Commercial Trust , Singapore’s largest real estate investment trust, bought luxury mall Paragon for S$3.9 billion from units of Temasek Holdings Pte , the state investor that backs the REIT.
Hong Kong’s army of gig workers in food and goods delivery services will be entitled to compensation for job-related injuries under proposed legislation aimed at improving labour protection for those working for digital platforms. According to a paper prepared by the Labour and Welfare Bureau, the proposal will cover gig workers who sustain injuries or die “as a result of an accident arising out o...
Hong Kong’s army of gig workers in food and goods delivery services will be entitled to compensation for job-related injuries under proposed legislation aimed at improving labour protection for those working for digital platforms. According to a paper prepared by the Labour and Welfare Bureau, the proposal will cover gig workers who sustain injuries or die “as a result of an accident arising out of and in the course of performing platform work”. In cases of injury, gig workers can receive...