HSBC, Hong Kong’s largest lender, reported broadly flat first-quarter profit as lower interest rates and provisions linked to the Middle East conflict offset solid growth in its wealth management business. Net profit for the first three months of 2026 rose 0.14 per cent year on year to US$6.94 billion, or 41 US cents per share, the London-based bank said in a Hong Kong stock exchange filing on Tue...
HSBC, Hong Kong’s largest lender, reported broadly flat first-quarter profit as lower interest rates and provisions linked to the Middle East conflict offset solid growth in its wealth management business. Net profit for the first three months of 2026 rose 0.14 per cent year on year to US$6.94 billion, or 41 US cents per share, the London-based bank said in a Hong Kong stock exchange filing on Tuesday. The result missed the US$7.07 billion consensus estimate of 17 analysts polled by the...
LewisTsePuiLung BYD’s passenger vehicle sales declined for the eighth straight month in April, while domestic competitors Leapmotor and Zeekr achieved record monthly deliveries amid intensifying market competition. BYD said on Sunday it delivered 314,100 new-energy passenger vehicles last month - including battery electric and plug-in hybrid models - marking a 15.7% drop from a year earlier but a ...
LewisTsePuiLung BYD’s passenger vehicle sales declined for the eighth straight month in April, while domestic competitors Leapmotor and Zeekr achieved record monthly deliveries amid intensifying market competition. BYD said on Sunday it delivered 314,100 new-energy passenger vehicles last month - including battery electric and plug-in hybrid models - marking a 15.7% drop from a year earlier but a 6.2% increase compared with March. Overseas sales of passenger vehicles and pickup trucks, increasingly a source of growth for BYD, jumped 35% to 130,000 vehicles last month, according to Reuters calculations based on a Weibo post by BYD executive Li Yunfei. The company's export figures stood at 135,098 , according to a Hong Kong Stock Exchange filing. In comparison, Geely ’spremium EV brand Zeekr notched a fresh high in monthly sales with 31,787 units , representing a 131.6% year on year increase. NIO delivered 29,356 vehicles in April 2026, marking a 22.8% increase year-over-year, though volume cooled 17.3% sequentially from March’s record highs. More on BYD Co ADR BYD: Looking Forward To 2H26 Comebacks Amid New Models And Iterations BYD Tech Advances, Interest In Racing Are Clues To Further International Expansion BYD: Too Cheap To Ignore, Too Unclear To Buy China's BYD sales fall extends to 8th month as Q1 profit drops 55%: Will EV demand improve? BYD draws EU scrutiny over labor abuse allegations at Hungary factory: report
International Petroleum press release ( IPCFF ): Q1 average net production of approximately 43,000 boepd for the first quarter of 2026, at the high end of the guidance range for the period (52% heavy crude oil, 15% light and medium crude oil and 33% natural gas). Revenue of $173.01M (-3.1% Y/Y) beats by $1.97M . Operating costs per boe of USD 17.6 for Q1 2026, ahead of guidance. Operating cash flo...
International Petroleum press release ( IPCFF ): Q1 average net production of approximately 43,000 boepd for the first quarter of 2026, at the high end of the guidance range for the period (52% heavy crude oil, 15% light and medium crude oil and 33% natural gas). Revenue of $173.01M (-3.1% Y/Y) beats by $1.97M . Operating costs per boe of USD 17.6 for Q1 2026, ahead of guidance. Operating cash flowgeneration of MUSD 68 for Q1 2026, ahead of guidance. Capital and decommissioning expenditures of MUSD 71 for Q1 2026, in line with guidance. Free cash flowgeneration for Q1 2026 amounted to MUSD -17. Net result of MUSD 13 for Q1 2026. 2026 Annual Guidance Full year 2026 average net production guidance range maintained at 44,000 to 47,000 boepd. ( 1 ) Full year 2026 operating costs guidance range maintained at USD 18 to 20 per boe. ( 3 ) Full year 2026 OCF revised guidance estimated at between MUSD 220 and 340 (assuming Brent USD 70 to 90 per barrel for the remainder of 2026) from previous guidance of between MUSD 100 and 250 (assuming Brent USD 55 to 75 per barrel). ( 3 ) (4) Full year 2026 capital and decommissioning expenditures guidance forecast increased to MUSD 163, as a result of additional planned capital activities. Full year 2026 FCF revised guidance estimated at between MUSD 0 and 120 (assuming Brent USD 70 to 90 per barrel for the remainder of 2026) from previous guidance of between negative MUSD 70 and positive MUSD 85 (assuming Brent USD 55 to 75 per barrel). More on International Petroleum Corporation International Petroleum Corporation (IPCO:CA) Analyst/Investor Day Transcript International Petroleum Corporation (IPCO:CA) Analyst/Investor Day - Slideshow International Petroleum Corporation (IPCO:CA) Q4 2025 Earnings Call Prepared Remarks Transcript International Petroleum reports Q4 results; initiates FY26 outlook Historical earnings data for International Petroleum Corporation
European corn hit a fresh two-year high as weather concerns and higher farm input costs due to the closure of the Strait of Hormuz threaten to limit supply outside the US. Corn futures in Paris rose as much as 1.2% on Tuesday, hitting their highest since June 2024. Corn prices in Chicago initially extended Monday’s 1.2% advance to reach the highest intraday level since April 2025, before edging lo...
European corn hit a fresh two-year high as weather concerns and higher farm input costs due to the closure of the Strait of Hormuz threaten to limit supply outside the US. Corn futures in Paris rose as much as 1.2% on Tuesday, hitting their highest since June 2024. Corn prices in Chicago initially extended Monday’s 1.2% advance to reach the highest intraday level since April 2025, before edging lower. France is set to cut corn sowing by about 15% from last year, while Romania — another key European producer — is expected to plant the smallest area in more than a decade, underscoring the impact of higher fertilizer costs and drought. There are also concerns about potential dryness in Brazil’s safrinha corn crop. “Corn is really in a sweet spot right now where all the stars are aligned,” Dave Whitcomb , founder of Peak Trading Research, said in an email. “So for right now everything points higher.” In the US, more than 2 million tons of corn was inspected for export in the week ending April 30, according to US Department of Agriculture statistics released on Monday , including 437,000 tons heading to Mexico and 314,000 tons to Japan. It came after new data released on Friday showed stronger corn demand for ethanol in the US in March, up on both February and a year earlier. Rising oil prices sparked by the conflict in the Middle East have raised demand for fuel alternatives, including ethanol. Corn in Paris rose 0.7% as of 10:43 a.m. in London Chicago corn futures fell 0.3% Wheat declined 0.4% Soybeans dropped 0.3%
Eerie omens haunt this absorbing group portrait set over six months in an English village Sitting stoned on a hill above his village, a young man muses on his place in the world. Connor is proud to have fenced pastures while his mates have been away at university. But it’s overwhelming to think of all their lives being equally real and urgent. Are they part of the same story or separate ones? A ph...
Eerie omens haunt this absorbing group portrait set over six months in an English village Sitting stoned on a hill above his village, a young man muses on his place in the world. Connor is proud to have fenced pastures while his mates have been away at university. But it’s overwhelming to think of all their lives being equally real and urgent. Are they part of the same story or separate ones? A phrase comes to him from a book he hated at school: something about “the roar on the other side of silence”. In this fine, subtle and strange novel from one of the most probing writers of contemporary rural life, Melissa Harrison earns that nod to George Eliot, whose words she gives to an anxious and ecstatic labourer clutching a can of Fanta. The Given World follows the inhabitants of one village in a river valley, a place “as old as anywhere”, for six months between the equinoxes of a year. The time is now, or an imminent future when the seasons seem to have “ceased their metronome”. At first, the central figure appears to be Clare, who knows each flagstone of the ancient priory that has been the centre of her life. The six months are her dying time, from diagnosis to last thoughts. But, in a way that pays tribute to the solitary Clare’s understanding of interconnectedness, the novel goes out from the priory to trace a web of lives. In the breezeblock bungalow next door, a desperate farmer tunes in at dawn to American evangelists on the radio. Like Saj the postman, we call at addresses where literary fiction rarely bothers to ring the bell. Continue reading...
Rayner and Burnham are trying to gain markets’ confidence amid concerns they could loosen fiscal rules if they replace Starmer Who calls the shots on the bin collections in Sunderland, potholes in Hackney, or schools in Cardiff is not normally of interest to City traders in the multitrillion-pound sovereign bond market. But for those dealing in UK government debt, Thursday’s local and devolved gov...
Rayner and Burnham are trying to gain markets’ confidence amid concerns they could loosen fiscal rules if they replace Starmer Who calls the shots on the bin collections in Sunderland, potholes in Hackney, or schools in Cardiff is not normally of interest to City traders in the multitrillion-pound sovereign bond market. But for those dealing in UK government debt, Thursday’s local and devolved government elections are significantly more important than usual, amid speculation that a dire showing for Keir Starmer’s Labour party could topple him as prime minister. Continue reading...
I’ve received 77 unpaid PCNs from TfL but it won’t accept they weren’t from my vehicle Someone cloned my car number plate back in October and racked up £8,500 in Ulez fines. I appealed, but this was rejected. Unfortunately, the cloned car is the same make, model and colour as mine. I’ve now received 17 “order for recovery of unpaid penalty charge” notices from Transport for London (TfL). The baili...
I’ve received 77 unpaid PCNs from TfL but it won’t accept they weren’t from my vehicle Someone cloned my car number plate back in October and racked up £8,500 in Ulez fines. I appealed, but this was rejected. Unfortunately, the cloned car is the same make, model and colour as mine. I’ve now received 17 “order for recovery of unpaid penalty charge” notices from Transport for London (TfL). The bailiffs will arrive next week, according to their letters. Continue reading...
Project to refurbish ‘Angels’ hailed huge success as dean says it will ‘lift spirits and rekindle hope’ Sam Kelly admitted there had been some nights of broken sleep as he led a two-year project to restore one of Salisbury Cathedral’s treasures, a stained-glass window by Edward Burne-Jones and William Morris. “It would be wrong to say I didn’t lie awake sometimes,” said the head glazier. “You are ...
Project to refurbish ‘Angels’ hailed huge success as dean says it will ‘lift spirits and rekindle hope’ Sam Kelly admitted there had been some nights of broken sleep as he led a two-year project to restore one of Salisbury Cathedral’s treasures, a stained-glass window by Edward Burne-Jones and William Morris. “It would be wrong to say I didn’t lie awake sometimes,” said the head glazier. “You are working on something that is very precious and if it fell on the floor, it would be very bad.” Continue reading...
This traditional neighbourhood ‘across the river’ is where the city’s creatives are heading as the centre heats up Madrid’s current boomtown dynamics are driving the city centre way upmarket, pushing the average punter to outer barrios in search of cheaper rent. As seen in New York and elsewhere, the creative class is moving too – crossing the River Manzanares to open studios in the former factori...
This traditional neighbourhood ‘across the river’ is where the city’s creatives are heading as the centre heats up Madrid’s current boomtown dynamics are driving the city centre way upmarket, pushing the average punter to outer barrios in search of cheaper rent. As seen in New York and elsewhere, the creative class is moving too – crossing the River Manzanares to open studios in the former factories and metalworks of Carabanchel. Now the city’s most populous district, this used to be a separate municipality, which was annexed to the capital in 1948 and built up into canyons of high-rise flats to house the postwar influx from the provinces, and later from Latin America. Continue reading...
With its striking images and experimental soundtrack, artist Aura Satz’s film is an endurance test that might work better in a gallery This film from the London-based artist Aura Satz is an exploration of sirens – as in the warning devices, not the mythical creatures that lure unsuspecting men to their doom. Really it’s an art film, and might have been more at home in a gallery where audiences wou...
With its striking images and experimental soundtrack, artist Aura Satz’s film is an endurance test that might work better in a gallery This film from the London-based artist Aura Satz is an exploration of sirens – as in the warning devices, not the mythical creatures that lure unsuspecting men to their doom. Really it’s an art film, and might have been more at home in a gallery where audiences would be able to engage with its striking images and experimental soundtrack for as long as the mood takes them. As a feature-film experience it becomes an endurance test, a battle to pay attention and concentrate for the whole thing. It opens with a drone shot of a huge siren in the middle of what looks like a residential neighbourhood, ready to alert residents to heaven knows what threat. Over the top, a shrill, insinuating track from composer Laurie Spiegel buzzes with the nagging whine of an electronic mosquito. There are some interesting ideas here. British-Egyptian actor Khalid Abdalla muses on the role of sirens in the 2011 Arab spring protests, and we learn that in Palestine loudspeakers in mosque minarets sound a siren every year on Nakba day – one second for every year that has passed since Palestinians were displaced from their homeland after the creation of the state of Israel. Continue reading...
(RTTNews) - Indian stocks are down on Tuesday, weighed down largely by escalating tensions in the Middle East and hurt by the rupee's weakness against the greenback. Investors are also reacting to a slew of earnings announcements.
(RTTNews) - Indian stocks are down on Tuesday, weighed down largely by escalating tensions in the Middle East and hurt by the rupee's weakness against the greenback. Investors are also reacting to a slew of earnings announcements.
A Malaysian minister urged the country’s police chief to clarify the status of investigations into allegations a network of businessmen was colluding with anti-graft agency officials to oust executives. The government has ordered law enforcement agencies, including the Malaysian Anti‑Corruption Commission, to probe the allegations involving the businessmen, nicknamed the corporate mafia. So far, t...
A Malaysian minister urged the country’s police chief to clarify the status of investigations into allegations a network of businessmen was colluding with anti-graft agency officials to oust executives. The government has ordered law enforcement agencies, including the Malaysian Anti‑Corruption Commission, to probe the allegations involving the businessmen, nicknamed the corporate mafia. So far, the police say they have found no evidence of the MACC’s involvement. “It is going to be about two months since the Cabinet expressed concern and called for a full investigation,” Gobind Singh Deo , digital minister and national chairman of the Democratic Action Party, the largest party in Malaysia’s ruling coalition, said in a Facebook post . “Transparency is paramount.” The Securities Commission Malaysia should also state what steps it has taken to address this, Gobind said. The regulator would have jurisdiction over the matter if there is any market manipulation involved — by use of force or any other measures to transfer shares in any company, he added. Spokespeople at the police headquarters, the Securities Commission, MACC and Prime Minister Anwar Ibrahim’s office didn’t respond to requests for comment. The MACC and its current chief commissioner, Azam Baki , have been under scrutiny since Bloomberg News published two reports in February. One focused on Azam’s shareholdings in a financial services firm that were worth more than the allowed limit for public officials. The other was on the corporate mafia network. The MACC and Azam denied the allegations of wrongdoing in the reports. In April, the government named Abdul Halim Aman, a former High Court judge, as the next anti-graft chief, taking over from Azam after his term ends on May 12. The Inspector-General of Police must state clearly whether those cited in the reports have been questioned, and outline the subsequent steps to be taken, Gobind said. “Given the specific allegations involving named companies and indivi...
A stray dog in central China has gone viral after a group of taxi drivers raised money for his surgery following a car accident. At the high speed rail station in Xuancheng, Anhui province, a yellow dog became a beloved figure among the local cabbies. Lively, friendly and always eager to run, the dog quickly warmed his way into the drivers’ hearts. Last summer, driver Zhang encountered the dog and...
A stray dog in central China has gone viral after a group of taxi drivers raised money for his surgery following a car accident. At the high speed rail station in Xuancheng, Anhui province, a yellow dog became a beloved figure among the local cabbies. Lively, friendly and always eager to run, the dog quickly warmed his way into the drivers’ hearts. Last summer, driver Zhang encountered the dog and was moved by his gentle nature. From that day, Zhang and his fellow drivers began bringing food and...