China may allow its currency to succumb to upward pressure as part of its trade negotiations with the U.S. The renminbi is cheaper than it has been for several decades, according to GS forex strategists
China may allow its currency to succumb to upward pressure as part of its trade negotiations with the U.S. The renminbi is cheaper than it has been for several decades, according to GS forex strategists
Hong Kong is expected to play a greater role in major national clinical research projects and scientific breakthroughs, a mainland health official has said, pledging stronger support for local researchers at an annual medical conference. The remarks were made by a National Health Commission official at the Hospital Authority Convention on Monday, where the authority’s chief also pledged to introdu...
Hong Kong is expected to play a greater role in major national clinical research projects and scientific breakthroughs, a mainland health official has said, pledging stronger support for local researchers at an annual medical conference. The remarks were made by a National Health Commission official at the Hospital Authority Convention on Monday, where the authority’s chief also pledged to introduce more efficient service pathways and smart hospital initiatives to improve healthcare...
Guido Mieth/DigitalVision via Getty Images One interesting bank for investors to take into consideration right now is none other than Eastern Bankshares ( EBC ). The last article that I wrote about the company was published in June of 2025. In that article, I was talking about the merger that had been announced between it and HarborOne Bancorp. At the time, I viewed it as an intriguing combination...
Guido Mieth/DigitalVision via Getty Images One interesting bank for investors to take into consideration right now is none other than Eastern Bankshares ( EBC ). The last article that I wrote about the company was published in June of 2025. In that article, I was talking about the merger that had been announced between it and HarborOne Bancorp. At the time, I viewed it as an intriguing combination. But at the end of the day, there was too much uncertainty regarding the transaction to make me feel anything other than neutral about the enterprise. Since then, the stock has risen a solid 37.1%, handily outperforming the 21% increase that the S&P 500 saw. Really, the market is pleased with the results of the merger so far. And honestly, I don't blame investors for being a bit excited here. Although at first glance, the picture is less than ideal, with asset quality in particular trailing what I would like it to be, the current projection by management is that 2026 will end up being a solid year for shareholders. This is not a perfect candidate by any means. Because of this, I actually think that upgrading it to a very soft 'buy' is sensible here. A new day, a new firm Normally when I analyze banks, I like to look at financial performance over the span of a few years. But honestly, I don't think that is terribly relevant in this case. This is because, on November 1st, the management team at Eastern Bankshares announced that the company had completed its merger with HarborOne Bancorp. This was a large transaction, valued at $490 million. Because of the size and timing of the transaction, I don't really believe past financial performance is all that indicative for Eastern Bankshares. So instead, I will focus on the only data that is currently available that paints a picture of the combined firm. And that is data covering the first quarter of the 2026 fiscal year. Author - SEC EDGAR Data In the chart above, you can see certain balance sheet metrics for the institution. Year...
Exclusive: Human rights group warns of ‘deep collusion’ between criminals and officials in some parts of country State actors are involved in disappearances in Mexico at an “alarming” rate, according to a report from the Inter-American Commission on Human Rights (IACHR). The sweeping investigation, to which the Guardian was given exclusive access, presents a dire picture of the crisis of disappear...
Exclusive: Human rights group warns of ‘deep collusion’ between criminals and officials in some parts of country State actors are involved in disappearances in Mexico at an “alarming” rate, according to a report from the Inter-American Commission on Human Rights (IACHR). The sweeping investigation, to which the Guardian was given exclusive access, presents a dire picture of the crisis of disappearances in Mexico , where more than 130,000 people have gone missing, mostly in the last 20 years since the government declared its war on drug cartels. Continue reading...
undefined A stronger yuan is eroding the earnings of Chinese exporters, with major companies including BYD Co. Ltd. ( 002594.SZ ) reporting large foreign-exchange losses. The yuan’s rapid appreciation has increased pressure on export-heavy firms with large foreign-currency assets. BYD reported a foreign-exchange loss of roughly 2.1 billion yuan ($304 million) in the first quarter, compared with a ...
undefined A stronger yuan is eroding the earnings of Chinese exporters, with major companies including BYD Co. Ltd. ( 002594.SZ ) reporting large foreign-exchange losses. The yuan’s rapid appreciation has increased pressure on export-heavy firms with large foreign-currency assets. BYD reported a foreign-exchange loss of roughly 2.1 billion yuan ($304 million) in the first quarter, compared with a gain of about 1.9 billion yuan a year earlier, sharply reducing net profit.
Average cost of one ticket claimed to be $3,000 (£2,200) Fifa insists terms and conditions of sale were made clear Numerous Football Associations have been hit by increased prices when buying World Cup tickets for their players’ family and friends, with teams competing at the tournament affected by Fifa’s dynamic pricing model. While Fifa offered all national associations that have qualified for t...
Average cost of one ticket claimed to be $3,000 (£2,200) Fifa insists terms and conditions of sale were made clear Numerous Football Associations have been hit by increased prices when buying World Cup tickets for their players’ family and friends, with teams competing at the tournament affected by Fifa’s dynamic pricing model. While Fifa offered all national associations that have qualified for the World Cup a six-week window to buy tickets at a fixed price after the draw in December, any requests for tickets from the end of January have been subject to what Fifa describes as “adaptive pricing”, with the cost rising for most matches. An executive at one national association said they had requested hundreds of additional tickets in recent weeks and have been surprised at the size of the bill. An executive at another association claimed the average cost of securing attendance at matches for their players’ family and their guests has risen to about $3,000 (£2,200) a ticket after extra purchases, a significant additional cost that will eat into their tournament funding. Fifa sources insisted the average cost of tickets bought by national associations is far lower than $3,000. Continue reading...