Kyiv learns of five scenarios Russia has drawn up and will increase forces in the north, says Zelenskyy; Ukraine’s attacks heap pressure on Russian oil refining. What we know on day 1,548 Ukraine will send reinforcements to its northern regions and step up diplomatic pressure on Belarus to counter what Kyiv believes are Russian plans to launch a new offensive north of the capital, Volodymyr Zelens...
Kyiv learns of five scenarios Russia has drawn up and will increase forces in the north, says Zelenskyy; Ukraine’s attacks heap pressure on Russian oil refining. What we know on day 1,548 Ukraine will send reinforcements to its northern regions and step up diplomatic pressure on Belarus to counter what Kyiv believes are Russian plans to launch a new offensive north of the capital, Volodymyr Zelenskyy has said. Kyiv knew of five scenarios Russia had drawn up, Ukraine’s president added. “We analysed in detail the available data from our intelligence agencies on Russia’s planning of offensive operations in the Chernihiv-Kyiv direction ,” Zelenskiy said. “Our forces in this sector will be increased.” Oleksandr Syrskyi, Ukraine’s top army commander, said Kyiv had data that the Russian general staff was actively calculating and planning offensive operations from the north. The dictator Alexander Lukashenko allowed Russian troops to march on Ukraine from Belarus in 2022. Zelenskyy said it was “already tiresome that there is constantly such a threat to Ukraine that the Russians may at some point drag Belarus into an expansion of the war. They should understand there will be consequences for them and they will be significant .” In the initial full-scale invasion in 2022, Ukraine successfully repelled a huge Russian armoured column that attempted to attack Kyiv from the north. Ukraine’s border guards spokesperson, Andriy Demchenko, told Ukrinform news agency on Wednesday: “As of now, we haven’t detected any movement of equipment or personnel directly at our border, but of course, we can see the pressure Russia is putting on Belarus .” Virtually all major oil refineries in central Russia have been forced to halt or scale back fuel output following Ukrainian drone attacks in recent days, Reuters has reported, citing official data and its own sources. The combined capacity of refineries that have fully or partially shut down exceeds 83m tonnes per year, or about 238,000 tonnes p...
SoftBank Group Corp. shares surged almost 20% in morning Tokyo trading after a plan surfaced that OpenAI was preparing to file for an initial public offering. Also on Wednesday, a second SoftBank-backed company, SB Energy Corp. , which develops energy infrastructure for data centers, said that it would file a confidential draft registration statement for a proposed IPO in the US. SoftBank and Open...
SoftBank Group Corp. shares surged almost 20% in morning Tokyo trading after a plan surfaced that OpenAI was preparing to file for an initial public offering. Also on Wednesday, a second SoftBank-backed company, SB Energy Corp. , which develops energy infrastructure for data centers, said that it would file a confidential draft registration statement for a proposed IPO in the US. SoftBank and Open AI have close ties through a capital alliance. It’s one of the largest OpenAI shareholders with about a 13% stake and has invested about $64.6 billion through its Vision Fund. OpenAI is preparing to file for an IPO in the coming weeks and is targeting a public debut sometime in the fall, according to a person familiar with the plan.
中國足協公布第三批行業處罰名單 17人終身被禁從事足球活動 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】中國足協再處罰65人，當中17人終身被禁從事足球活動，另外梅州客家被追加80萬罰款。 繼前年9月和今年1月...
中國足協公布第三批行業處罰名單 17人終身被禁從事足球活動 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】中國足協再處罰65人，當中17人終身被禁從事足球活動，另外梅州客家被追加80萬罰款。 繼前年9月和今年1月後，中國足協公布第三批行業處罰名單，對經人民法院認定構成犯罪的丁勇、吳靜博等17人，給予終身禁止從事任何與足球有關的活動的處罰。另外參照過往對涉案球會的行業處罰原則，決定對梅州客家追加扣除 2026年職業聯賽積分6分，並罰款人民幣80萬元。
Kwangmoozaa/iStock via Getty Images To me, the stock market in 2026 is a “hot potato” game. Gains have been deeply concentrated into a small group of semiconductor stocks and other AI-linked hardware plays that are directly involved in the data center capex boom. But the question is, when will the market finally acknowledge that valuations are out of proportion, especially when much of this curren...
Kwangmoozaa/iStock via Getty Images To me, the stock market in 2026 is a “hot potato” game. Gains have been deeply concentrated into a small group of semiconductor stocks and other AI-linked hardware plays that are directly involved in the data center capex boom. But the question is, when will the market finally acknowledge that valuations are out of proportion, especially when much of this current demand growth is at a cyclical peak? Our priority as investors during this time should be to identify countercyclical stocks that have little or no correlation to the speculative AI trade. Smaller cap stocks like GoodRx ( GDRX ) have been falling all year. With GoodRx down ~10% since the start of the year but beginning a rebound after a healthier-than-feared Q1 earnings print, is now finally the right time to buy the stock? Data by YCharts I last wrote a "Sell" article on GoodRx in March, when the stock was trading in the low $2s. Since then, GoodRx has rebounded slightly along with the rest of the stock market. Surprisingly, this jump has also been supported by an improved fundamental profile. In taking a fresh look at this stock, I’m raising my rating back up to "N eutral." At current share prices, I see a balanced bull and bear case for GoodRx again. On the positive side for the company: Business transition appears quite successful. GoodRx’s old business model - earning a cut of transactional revenue when consumers used its coupons to buy drugs at the pharmacy - is fading quickly. That said, the company is enacting its second life as a self-pay drug distributor, signing relationships directly with drug manufacturers and acting as a distribution channel rather than a discount operator for pharmacies. The company now has over 125 self-pay medications on its site. Rich profit margins. Though the company’s business transition has yet to produce a return to overall growth, we note that the company operates quite efficiently with a 30%+ adjusted EBITDA margin that can enable...
Foreign investors returned to Chinese stocks in April, signaling renewed appetite for the market after an initial selloff driven by the Iran war. Estimated net inflows into mainland equities hit roughly 200 billion yuan ($29 billion) last month, the most since January, Bloomberg calculations show. The estimate is based on China’s aggregate cross-border securities investment balance — an official d...
Foreign investors returned to Chinese stocks in April, signaling renewed appetite for the market after an initial selloff driven by the Iran war. Estimated net inflows into mainland equities hit roughly 200 billion yuan ($29 billion) last month, the most since January, Bloomberg calculations show. The estimate is based on China’s aggregate cross-border securities investment balance — an official dataset that tracks flows into and out of the country’s stocks and bonds. Bloomberg then strips out major components that can be observed separately, including mainland investors’ buying and selling of assets through trading links, net flows into foreign-currency bonds by Chinese financial institutions, and changes in overseas investors’ holdings of onshore bonds . What remains is a proxy for foreign flows into mainland-listed equities. This offers investors a way to gauge overseas appetite for Chinese stocks at a time when Beijing has limited access to direct flows data. Authorities stopped publishing regular or detailed data on so-called northbound flows — overseas investors buying mainland shares through trading links — in mid-2024, leaving investors with only limited quarterly disclosure on holdings in individual stocks. The Bloomberg estimate accounts for most major sources of cross-border capital flows, and it does not strip out flows from quota-based schemes such as the Qualified Domestic Institutional Investor and Qualified Foreign Institutional Investor programs, because there is no timely disclosure of quota usage. The inflows in April came amid a broader tech rally , as investors focused on AI-driven productivity gains and looked past disruptions caused by the Middle East conflict. The benchmark CSI 300 Index climbed 8% in April and is up another 0.9% this month.
The operator of the Sogo department stores in Hong Kong has less than a month to refinance a loan coming due, people familiar with the matter said, adding to a growing list of firms in the city pushed into last-minute negotiations in the aftermath of a property downturn. Lifestyle International Holdings Ltd. still needs to nail down about HK$2 billion ($255 million) in commitments to meet its targ...
The operator of the Sogo department stores in Hong Kong has less than a month to refinance a loan coming due, people familiar with the matter said, adding to a growing list of firms in the city pushed into last-minute negotiations in the aftermath of a property downturn. Lifestyle International Holdings Ltd. still needs to nail down about HK$2 billion ($255 million) in commitments to meet its target of refinancing HK$6.75 billion outstanding on the deal, according to people, who asked not to be identified discussing private matters. Negotiations with banks have already stretched over four months. The shortfall represents about a third of the refinancing for the loan, which is secured against the iconic Sogo department store in Hong Kong’s shopping district Causeway Bay. The case highlights crosscurrents in Hong Kong’s economy, which expanded at its fastest pace in almost five years in the first quarter. The residential housing market has been rebounding, tourism is strengthing and share listings are surging. But lingering strains in commercial property have continued to sting borrowers. In another recent case, Hong Kong hotel operator Asia Standard Hotel Holdings has been struggling to secure sufficient backing from lenders to refinance a HK$1.36 billion loan due in days. There have been, however, some more encouraging signs for Lifestyle recently. To reduce its near-term bond repayment risk and boost lender confidence, the company’s chairman, Hong Kong tycoon Thomas Lau Luen-hung , said last month that he intends to purchase the full outstanding principal of a $350 million bond before it matures on June 18. HK Hotel Firm Hit by Evergrande Loss Struggles to Refinance Loan Hong Kong Bad-Debt Bankers Ramp Up Fire Sales, Liquidations Blackstone Bows Out of New World Power Struggle: Going Private The move has prompted some banks that were previously hesitant to rethink their participation in the loan refinancing, the people said. The company is also tapping new lenders ...