Faced with rising costs and a lack of jobs, many young Indians are turning an online side hustle into an income The work begins at sunrise, ahead of her first Instagram post. Astha Chhetri starts the day on her phone, combing through supplier lists, checking shipment updates and preparing stock for her online store. The evenings find Chhetri, 26, with her mobile still in hand, photographing and po...
Faced with rising costs and a lack of jobs, many young Indians are turning an online side hustle into an income The work begins at sunrise, ahead of her first Instagram post. Astha Chhetri starts the day on her phone, combing through supplier lists, checking shipment updates and preparing stock for her online store. The evenings find Chhetri, 26, with her mobile still in hand, photographing and posting reels of clothes for sale and replying to customer messages. Continue reading...
In this week’s Hong Kong Edition, Shirley Zhao breaks down Li Ka-shing’s strategy after another major stake sale, Sohee Kim chats with one of the biggest stars of Cantopop and David Ingles spots a trend among Chinese tech stocks. For the Review, Sara Hemrajani discovers a new tapas place in Sheung Wan. To subscribe to this weekly newsletter for free, click here . The Next Generation In early 2021,...
In this week’s Hong Kong Edition, Shirley Zhao breaks down Li Ka-shing’s strategy after another major stake sale, Sohee Kim chats with one of the biggest stars of Cantopop and David Ingles spots a trend among Chinese tech stocks. For the Review, Sara Hemrajani discovers a new tapas place in Sheung Wan. To subscribe to this weekly newsletter for free, click here . The Next Generation In early 2021, Li Ka-shing warned his long-time confidante and partner Solina Chau that a storm was brewing. In the midst of the pandemic, the Hong Kong billionaire saw the world on the brink of prolonged turmoil, before it entered years of inflation, trade tensions and geopolitical conflicts. His advice to Chau, a venture capitalist, was to raise cash reserves. As she recounted the conversation at a conference in 2023, Chau said her takeaway from Li was: Never get stuck. No surprise, then, that Li’s eldest son, Victor, is following the same strategy as he embarks on remaking his father’s business empire. He is cashing out of most of CK Group’s key operations to build a war chest of at least $41 billion for the next version of the conglomerate — provided all the deals go through. “Cash is king” in the face of global uncertainties, one of the group executives told investors last month. It rings particularly true today when Li’s own attempt to sell 43 global ports for more than $19 billion in cash has become a geopolitical flashpoint amid the US-China rivalry. Now all eyes are on this week’s meeting between President Donald Trump and his Chinese counterpart Xi Jinping for signs of a political breakthrough that can move the deal forward. Li Ka-shing Is Remaking His Empire as a Generational Shift Looms Li Ka-shing and his family set in motion a series of deals this year that stand to completely transform his business empire. Read more For context, a stockpile of that size would be equivalent to about a tenth of Hong Kong’s cash reserves, which itself is one of the biggest in the world. The L...
SpaceX is set to be the largest initial public offering (IPO) in history this summer. The company aims to raise $75 billion in capital at a valuation of $1.75 trillion. That's a lot of cash that could soon hit the company's balance sheet, giving it the opportunity to ramp up significant capital expenditures, benefiting multiple companies. Meanwhile, the IPO excitement has spread to other aerospace...
SpaceX is set to be the largest initial public offering (IPO) in history this summer. The company aims to raise $75 billion in capital at a valuation of $1.75 trillion. That's a lot of cash that could soon hit the company's balance sheet, giving it the opportunity to ramp up significant capital expenditures, benefiting multiple companies. Meanwhile, the IPO excitement has spread to other aerospace stocks, bolstering the entire sector. Several companies could come out as winners thanks to SpaceX's IPO. Here are three that investors should keep an eye on this summer. Image source: Getty Images. Continue reading
Mass Casualty Event After Israeli Airstrikes On Beirut Highway Another mass casualty event has occurred in Lebanon, as national media says that on Wednesday eight people died, including two children, when Israeli strikes targeted cars on a highway south of Beirut . Israeli media itself described that "The three separate airstrikes were carried out well beyond the main theater of conflict in the so...
Mass Casualty Event After Israeli Airstrikes On Beirut Highway Another mass casualty event has occurred in Lebanon, as national media says that on Wednesday eight people died, including two children, when Israeli strikes targeted cars on a highway south of Beirut . Israeli media itself described that "The three separate airstrikes were carried out well beyond the main theater of conflict in the south, targeting vehicles on the coastal highway in an area around 20 kilometers (12 miles) south of Beirut, security sources said." The attack was reportedly carried out by drones. EPA image "Images showed a burnt-out car in the middle of the road and rescuers carrying a body at one of the sites, near Jiyeh," Times of Israel continues. "On Saturday, similar strikes targeted two other cars in the same area." There was no immediate comment or explanation from the Israel Defense Forces (IDF) in wake of the bombings. Photographs of bombed-out and charred cars have widely circulated in the aftermath. Hezbollah has meanwhile remained opposed to formal talks between the Israeli and Lebanese governments, with the Iran-backed Shia paramilitary group not participating. The next round of negotiations are expected in Washington on Thursday , and they will be overseen by the State Department. From Israel's perspective, this means the ceasefire doesn't extend to Hezbollah, and it currently has an IDF ground force inside southern Lebanon, amid tit-for-tat drone and missile strikes. According to the latest on evacuation orders in the south, Al Jazeera writes : On Wednesday morning, the Israeli military issued forced displacement orders for the residents of Meiss el-Jabal, Yanouh, Burj Shemali, Hula, Debl and Aabbasiyyeh, warning that it will soon act against these six southern Lebanese villages “forcefully”. Anyone who remains “endangers their life,” the military said, warning residents to move at least 1,000 metres (0.6 miles) away to “open areas”. At least seven villages in the area have ...
For sharing news, please enter the email address of you and the receiver, then press SEND button. *Mandatory Fields Receiver * Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com Your email address * Content Sharing 寧德時代(03750.HK)曾升逾5% 摩通：戰略投資世紀互聯 AIDC儲能生態再進一步 寧德時代(03750.HK)今日高開4.01%，曾升5.1%高見707.5元。現報686元，升1.93%，成交328.01萬股，涉資22.82億元。摩根大通發表研究報告，認為寧德時代正系統性地建立一個垂直整合的AI數據中心(AIDC)儲能...
For sharing news, please enter the email address of you and the receiver, then press SEND button. *Mandatory Fields Receiver * Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com Your email address * Content Sharing 寧德時代(03750.HK)曾升逾5% 摩通：戰略投資世紀互聯 AIDC儲能生態再進一步 寧德時代(03750.HK)今日高開4.01%，曾升5.1%高見707.5元。現報686元，升1.93%，成交328.01萬股，涉資22.82億元。摩根大通發表研究報告，認為寧德時代正系統性地建立一個垂直整合的AI數據中心(AIDC)儲能生態系統。昨日透過關聯實體對世紀互聯(VNET.US)進行的戰略投資(最多38.1%股權，交易價值約9.42億美元)，是此...
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寧德時代(03750.HK)曾升逾5% 摩通：戰略投資世紀互聯 AIDC儲能生態再進一步 Recommend 21 Positive 20 Negative 16 aacat by AASTOCKS Open a new trading account to get 1 Intel/Selected Gold ETF share!