外長王毅下周二赴紐約 主持聯合國安理會高級別會議 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】外長王毅下周二前往美國紐約，主持聯合國安理會高級別會議，並於下周四至六轉到加拿大訪問。 外交部指這次會議由中方召開，...
外長王毅下周二赴紐約 主持聯合國安理會高級別會議 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】外長王毅下周二前往美國紐約，主持聯合國安理會高級別會議，並於下周四至六轉到加拿大訪問。 外交部指這次會議由中方召開，主題為「維護聯合國憲章宗旨和原則，加強以聯合國為核心的國際體系」，期望各方以此為契機，重溫憲章確立的崇高目標，重申對多邊主義堅定承諾，以更大的團結與擔當，重振聯合國地位與作用，匯聚改革完善全球治理的更大合力。 王毅在紐約期間亦會出席「全球治理之友小組」會議，並與聯合國秘書長及有關國家外長等會面。
narvo vexar/iStock via Getty Images I previously rated Roblox Corporation ( RBLX ) as a Buy in February 2026, attributed to the more compelling valuations against the double-digit top-line growth prospects. In this article, I shall discuss why I am reiterating my Buy rating despite the near-term growth headwinds from the ongoing age verification processes. RBLX's Platform Reset Comes at a Cost RBL...
narvo vexar/iStock via Getty Images I previously rated Roblox Corporation ( RBLX ) as a Buy in February 2026, attributed to the more compelling valuations against the double-digit top-line growth prospects. In this article, I shall discuss why I am reiterating my Buy rating despite the near-term growth headwinds from the ongoing age verification processes. RBLX's Platform Reset Comes at a Cost RBLX 1Y Stock Price ( TradingView) Since my last Buy rating, RBLX has further retraced by -25.7% compared to the wider market at +7.7%, with the stock notably underperforming the gaming/GameDev peers. 1. Safety-Related Age Verification Much of RBLX's headwinds are naturally attributed to the global rollout of their age verification process, with it directly contributing to the average daily active users [DAU], engagement, and booking headwinds. For example, RBLX already reports the second consecutive quarter of moderating DAUs to 132M in FQ1'26 (-8.3% QoQ/-13.1% from the peak observed in FQ3'25 at 152M DAUs), with a similar trend also observed in the UCAN region at 23M (-4.1% QoQ/-11.5% from the peak observed in FQ3'25 at 26M DAUs). This development matters indeed, since the UCAN region reports the highest Average Revenue Per Daily Active User [ARPDAU] of $38.93 (+6.7% YoY). This naturally explains why the UCAN region comprises 58.1% of RBLX's revenues (-4.4 points YoY) and 51.8% of the bookings (-7.7 points YoY), despite the relatively smaller DAU ratio at 17.4% (-3 points YoY). 2. Necessary Pain With 18+ Cohort Tailwinds For now, I am of the opinion that RBLX's selloff has been overdone, given the accelerating growth of the deferred revenue (recorded bookings before the eventual recognition as revenues) at $4.42B in F1'26 ( +40.7% YoY , against a year ago at +25% YoY ), with it offering interested investors an excellent insight into their intermediate-term top-line performance. At the same time, readers may want to note the ongoing legal headwinds faced by Meta ( META ) and ...
File photo: Bi Baowen China’s top anti-corruption agency expelled former senior police official Bi Baowen from the Communist Party and referred his case to prosecutors, six months after authorities first announced an investigation into the retired official. The Central Commission for Discipline Inspection and the National Commission of Supervision said Thursday that Bi, a former vice governor of t...
File photo: Bi Baowen China’s top anti-corruption agency expelled former senior police official Bi Baowen from the Communist Party and referred his case to prosecutors, six months after authorities first announced an investigation into the retired official. The Central Commission for Discipline Inspection and the National Commission of Supervision said Thursday that Bi, a former vice governor of the northeastern Heilongjiang province and former head of its public-security department, had been accused of accepting gifts and banquets that could have affected his official duties, taking money and valuables in personnel appointments, allowing relatives to use his influence for private gain and illegally issuing motor-vehicle license plates.
Thomas Barwick/DigitalVision via Getty Images For a catastrophe-prone state like Florida, property and casualty, or P&C, insurance is a must for its residents and business owners to protect their wealth and assets. For insurers, operating there is a double-edged sword due to high and secure demand versus high risk of claims and roofing scams. But with prudent and disciplined underwriting and risk ...
Thomas Barwick/DigitalVision via Getty Images For a catastrophe-prone state like Florida, property and casualty, or P&C, insurance is a must for its residents and business owners to protect their wealth and assets. For insurers, operating there is a double-edged sword due to high and secure demand versus high risk of claims and roofing scams. But with prudent and disciplined underwriting and risk diversification, insurers may enjoy returns there. That is why it is interesting to watch out for different players in the state. After a year, I am making another coverage of American Coastal Insurance Corporation ( ACIC ). After its strategic exit from personal lines, it has become smaller but more scalable. It remains a highly cyclical stock, but its robust fundamentals warrant some upside. Technicals are still close to its one-year low, but new buying opportunities emerge amid its recovery attempt. ACIC Q1 2026: A Strong Start The P&C insurance market in Florida has basked in a somewhat calm environment in the past year. Fewer and less intense hurricanes made landfall. Of course, some didn't enjoy that growth as they remained busy reducing their business capacity and balancing risks and returns. One of these is American Coastal Insurance Corporation. Even so, it remained stable with its strategic management and efficiency amid macroeconomic headwinds, as shown in its most recent performance. In Q1 2026, its operating revenue amounted to $71.2M , down by -1.4% YoY from $72.2M. This should not be surprising since it has already formally exited personal lines. That meant fewer policyholders and premiums. As you can see, gross premiums earned dropped by -13% YoY. On a lighter note, this YoY revenue growth was minimal for a company that discontinued a business segment. This can be attributed to its well-thought-out risk diversification. Its ceded premiums decreased, which meant a lower risk spread to its reinsurers. Despite this, this is a huge amount because that $75.5M was...
港燈6月燃料費上調約兩成至31.3仙 預告未來數月仍會繼續攀升 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】港燈下月燃料調整費回升，增幅逾兩成至每度電31.3仙。 港燈根據今年2至4月，平均燃料成本釐定收費。有...
港燈6月燃料費上調約兩成至31.3仙 預告未來數月仍會繼續攀升 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】港燈下月燃料調整費回升，增幅逾兩成至每度電31.3仙。 港燈根據今年2至4月，平均燃料成本釐定收費。有關調整開始反映國際燃料價格受中東戰爭影響而顯著上升情況，尤其3月起能源價格持續處於較高水平。 因為港燈早前調整燃料組合及調動氣源，令燃料價格上升影響較遲出現；亦因為燃料調整費機制有「遞延效應」等因素，預料未來數月燃料費仍然會攀升。港燈重申已透過多元採購、審慎管理庫存，致力控制燃料成本。公司僅收回實際成本，不會從中獲利。
Aluminum Corp. of China Ltd. , the country’s largest state-owned producer of the lightweight metal, has agreed to invest $1 billion in an alumina plant in Guinea to tap local bauxite resources. Chalco, as the Beijing-based company is known, will set up an entity to develop an 1.2-million-ton-a-year plant in the African country , it said in a filing. The government will get a 5% stake for free or a...
Aluminum Corp. of China Ltd. , the country’s largest state-owned producer of the lightweight metal, has agreed to invest $1 billion in an alumina plant in Guinea to tap local bauxite resources. Chalco, as the Beijing-based company is known, will set up an entity to develop an 1.2-million-ton-a-year plant in the African country , it said in a filing. The government will get a 5% stake for free or at nominal cost, and be allowed to enlarge that holding at market value to as much as 35%. Chinese companies — including Chalco’s largest private rival, China Hongqiao Group Co. — have been expanding in countries rich in bauxite, the raw material used to make alumina, which is then processed further to aluminum. Over the past decade, Chalco has been developing the Boffa bauxite mine in Guinea, and the new project will be its first overseas alumina plant. Chinese smelters — which produce more than half of the world’s aluminum — have a sharper focus on overseas expansions as domestic capacity nears a nationwide ceiling imposed by the central government to cut emissions. The plan for the investment in Guinea still requires approvals from Chalco’s shareholders, as well as the nation’s government, according to the filing. Chalco’s Hong Kong-listed shares traded higher on Friday, and have more than doubled over the past 12 months. Aluminum has surged 22% in London this year, benefiting producers, as the Middle East war hurt exports from the region.
Market Snapshot USD/INR ₹96.20 -0.7% Nifty 50 Index 23,654.70 -0.0% India 10-Year Bond Yield 7.11% +0.03 Spot Gold ($/oz) $4,523.89 -0.4% S&P 500 Futures 7,481.00 +0.2% Market data as of 08:15 AM IST, May. 22, 2026, or the previous close for Indian markets. Data is subject to provider delays. Good morning... I’m Savio Shetty in Mumbai with a wrap of the week in markets. Global markets are offering...
Market Snapshot USD/INR ₹96.20 -0.7% Nifty 50 Index 23,654.70 -0.0% India 10-Year Bond Yield 7.11% +0.03 Spot Gold ($/oz) $4,523.89 -0.4% S&P 500 Futures 7,481.00 +0.2% Market data as of 08:15 AM IST, May. 22, 2026, or the previous close for Indian markets. Data is subject to provider delays. Good morning... I’m Savio Shetty in Mumbai with a wrap of the week in markets. Global markets are offering mixed cues to Indian traders heading into Friday’s session. Asian equities have advanced, but oil, too, has rebounded after a three-day decline as the geopolitical backdrop remains fluid. Iran said the latest proposal from the US partly bridged the gap between the warring sides but comments from its supreme leader about keeping Tehran’s uranium stockpile and a dispute over tolls in the Strait of Hormuz clouded the outlook for a breakthrough. India’s domestic setup, however, offers some grounds for optimism. The benchmark Nifty is nearing a key resistance level that could open the door for further near-term gains (more on that below). And, the rupee on Thursday ended its longest losing streak in a decade. With expectations building around a potential rate hike , rate-sensitive sectors such as automakers, banks and shadow lenders are likely to come into focus. Bond traders will watch for the RBI’s dividend payout announcement to the government, which is expected to be a record. In today’s newsletter we look at why: Corporate earnings may disappoint WPI inflation data signals margin pressure “Buy the dip” is not working But first, the Nifty 50 Index is close to breaching a key resistance level. Markets Buzz: Nearing a Breakout After two failed attempts to climb above the 50-day moving average, the Nifty is again testing the crucial resistance level. This time, near-term indicators are improving. A gauge of the Nifty’s implied volatility has dropped more than 9% over the past three sessions to its lowest level since early May, signaling easing market anxiety. In derivatives tr...