Hong Kong should adopt a top-down, comprehensive ecotourism policy to safeguard the city’s natural attractions, with a designated authority taking the lead, experts have urged, after a surge in Labour Day “Golden Week” visitors overwhelmed ecologically sensitive spots. The call on Monday came after a viral video showed a Mandarin-speaking tourist smoking a cigarette in front of the press and claim...
Hong Kong should adopt a top-down, comprehensive ecotourism policy to safeguard the city’s natural attractions, with a designated authority taking the lead, experts have urged, after a surge in Labour Day “Golden Week” visitors overwhelmed ecologically sensitive spots. The call on Monday came after a viral video showed a Mandarin-speaking tourist smoking a cigarette in front of the press and claiming he had confirmed with law enforcement officers that smoking was allowed at the beach of Ham Tin...
The emerging markets-focused investment firm Gemcorp Capital Management Limited is turning to Latin America as it expands its private-credit business across developing economies. The asset manager hired Brad McKee from Oaktree Capital Management as senior portfolio manager and head of private credit, according to a statement. Based in New York, he will help oversee loan origination and bring Latin...
The emerging markets-focused investment firm Gemcorp Capital Management Limited is turning to Latin America as it expands its private-credit business across developing economies. The asset manager hired Brad McKee from Oaktree Capital Management as senior portfolio manager and head of private credit, according to a statement. Based in New York, he will help oversee loan origination and bring Latin America expertise, adding to Gemcorp’s core focus in Africa, the Middle East, and Central and Eastern Europe. Founded in 2014 by former Goldman Sachs partner Atanas Bostandjiev , Gemcorp is preparing for increased demand for private credit across the developing world. Global money managers including Ninety One Plc and Chicago Atlantic are moving into direct lending in emerging markets as the industry grapples with redemptions and concerns over loan quality in the US. Gemcorp lends to corporations and governments, particularly in Africa. The private-credit opportunity in emerging markets is “increasingly compelling,” with the economies accounting for roughly half of global GDP but less than 10% of the asset class, Gemcorp said in a report last month. Before Oaktree, McKee had stints at Gramercy Funds Management — where he was a partner and co-head of emerging-markets private credit — as well as at JPMorgan Chase & Co. and Deutsche Bank AG.
Two marine rescue volunteers died after their boat capsized while attempting to help a yacht in distress off the east coast of Australia, according to New South Wales police. On Monday evening, a member of the public reported that a yacht appeared to be struggling at a breakwall in Ballina in northern New South Wales, police said. A vessel of volunteer service Marine Rescue NSW with six crew on bo...
Two marine rescue volunteers died after their boat capsized while attempting to help a yacht in distress off the east coast of Australia, according to New South Wales police. On Monday evening, a member of the public reported that a yacht appeared to be struggling at a breakwall in Ballina in northern New South Wales, police said. A vessel of volunteer service Marine Rescue NSW with six crew on board was responding to the call when “their vessel capsized while crossing the Ballina Bar in heavy...
Marc Franklin of Manulife Investment Management says the focus is on what are the cyclical and structural impacts of the Middle East conflict. Franklin says there's a "preference more towards the US" than Europe. He adds that within the equity market construct, the firm likes structural plays, such as tech and AI "which still seem to have good tailwinds." (Source: Bloomberg)
Marc Franklin of Manulife Investment Management says the focus is on what are the cyclical and structural impacts of the Middle East conflict. Franklin says there's a "preference more towards the US" than Europe. He adds that within the equity market construct, the firm likes structural plays, such as tech and AI "which still seem to have good tailwinds." (Source: Bloomberg)
In this article 1211-HK 1211-HK 9863-HK 175-HK 1810-HK NIO Follow your favorite stocks CREATE FREE ACCOUNT NANJING, CHINA - APRIL 30, 2026 - Tourists visit the BYD exhibition area at the Auto Expo in Nanjing, Jiangsu Province, China on April 30, 2026. (Photo credit should read CFOTO/Future Publishing via Getty Images) Cfoto | Future Publishing | Getty Images BYD 's passenger vehicle sales fell for...
In this article 1211-HK 1211-HK 9863-HK 175-HK 1810-HK NIO Follow your favorite stocks CREATE FREE ACCOUNT NANJING, CHINA - APRIL 30, 2026 - Tourists visit the BYD exhibition area at the Auto Expo in Nanjing, Jiangsu Province, China on April 30, 2026. (Photo credit should read CFOTO/Future Publishing via Getty Images) Cfoto | Future Publishing | Getty Images BYD 's passenger vehicle sales fell for an eighth consecutive month in April, while its domestic rivals Leapmotor and Zeekr notched record-high monthly deliveries as the market becomes more competitive. BYD reported Sunday that it delivered 314,100 new energy passenger vehicles last month — comprising battery electric and plug-in hybrid models — a 15.7% decline from the year before but up 6.2% from March, CNBC's records show. Export figures for BYD rose to an all-time high of 135,098 , according to a Hong Kong Stock Exchange filing — a record, and up more than 70% compared to the same period in 2025, according to CNBC's calculations. The split in the Shenzhen-headquartered automaker's domestic and overseas fortunes underscores its growing reliance on overseas markets amid intensifying competition at home. In April, the market-leading EV giant reported a nearly 55.4% drop in profits year over year in the first quarter as operating revenue fell 11.8% to 150 billion yuan ($22 billion) amid strong showings from its domestic rivals in the same quarter. Second-place Chinese EV maker Leapmotor posted its highest-ever number of monthly deliveries in April, with 71,387 units , up 73.9% over the same period in 2025. The Stellantis -backed company logged its previous monthly high in November 2025 and turned its first annual profit last year. Geely 's premium EV brand Zeekr also notched a fresh high in monthly sales with 31,787 units , representing a 131.6% year on year increase. Chinese tech giant Xiaomi posted more than 30,000 EV deliveries in April, a more than 7.1% increase from the same period a year ago. The company h...
Vladimir Razguliaev/iStock via Getty Images XEG:CA At A Glance The iShares S&P/TSX Capped Energy Index ETF ( XEG:CA ) is a passively managed exchange-traded fund with an NAV of ~$2.1Bn CAD that invests in stocks that provide exposure to a portfolio of Canadian energy stocks. BlackRock, and most of the other big Canadian banks/fund managers, have multiple ETF offerings that end up providing various...
Vladimir Razguliaev/iStock via Getty Images XEG:CA At A Glance The iShares S&P/TSX Capped Energy Index ETF ( XEG:CA ) is a passively managed exchange-traded fund with an NAV of ~$2.1Bn CAD that invests in stocks that provide exposure to a portfolio of Canadian energy stocks. BlackRock, and most of the other big Canadian banks/fund managers, have multiple ETF offerings that end up providing various investment portfolios that track very similar metrics. While XEG:CA is somewhat liquid and has an easily verifiable portfolio and mandate, this article seeks to compare this offering with not only other options, but also to review whether investors can simply buy the top few energy companies in Canada without paying 0.6% in fees. XEG:CA's benchmark target is the S&P/TSX Capped Energy Index, and after further review, I believe that XEG:CA, as a concept, is a bit lazy by the fund manager. Canadian energy has done pretty well over the last several months, and with the war causing even more volatility in energy markets, I don't want to discourage investors from looking at the sector to invest. But it's simply an ETF with a few energy stocks charging 0.6% in fees. If investors want to get exposure to higher dividend-paying Canadian energy stocks, they can easily recreate the portfolio XEG:CA has, since the portfolio is mostly weighted in about five easily identifiable large-cap and liquid names on the TSX. I wrote about this fund recently and gave it a Hold - but after reviewing the April selloff on ceasefire speculation versus the underlying physical market dynamics, I like Canadian oil but keep this fund as a Hold. The equity price slide has not been matched by the fundamentals, and Canadian energy's structural tailwinds remain firmly intact. Seeking Alpha - April Chart Fund Breakdown and 2026 Outlook XEG:CA was launched on March 19, 2001, by BlackRock with a plan to create an easily tradable fund that replicates exposure to the largest energy players in the Canadian market. ...
OCBC, the second-largest banking group in Southeast Asia, has agreed to acquire HSBC’s retail and wealth management operation in Indonesia through its subsidiary, PT Bank OCBC NISP Tbk, according to the Singapore lender. The acquisition would add 336,000 customers and S$6.6 billion (US$5.17 billion) in assets under management to OCBC Indonesia, comprising S$4.3 billion of customers’ investments in...
OCBC, the second-largest banking group in Southeast Asia, has agreed to acquire HSBC’s retail and wealth management operation in Indonesia through its subsidiary, PT Bank OCBC NISP Tbk, according to the Singapore lender. The acquisition would add 336,000 customers and S$6.6 billion (US$5.17 billion) in assets under management to OCBC Indonesia, comprising S$4.3 billion of customers’ investments in mutual funds and bonds, as well as insurances and customer deposits of S$2.3 billion, Monday...
Ashley MacIsaac, who is seeking $1.5m in civil lawsuit, says inaccurate information led to concert cancellation An acclaimed Canadian fiddle player has launched a $1.5m civil lawsuit against Google , alleging that the online giant defamed him by falsely identifying him as a sex offender in an AI-generated summary of his life and career. Ashley MacIsaac, a three-time Juno award-winning musician, fi...
Ashley MacIsaac, who is seeking $1.5m in civil lawsuit, says inaccurate information led to concert cancellation An acclaimed Canadian fiddle player has launched a $1.5m civil lawsuit against Google , alleging that the online giant defamed him by falsely identifying him as a sex offender in an AI-generated summary of his life and career. Ashley MacIsaac, a three-time Juno award-winning musician, filed the claim in the Ontario superior court of justice, asserting that Google was liable for the “foreseeable republication” of its AI-generated Overview feature, which previously published defamatory claims that he had been convicted of multiple criminal offences, including the sexual assault of a woman, internet luring involving a child with the intention of sexual assaulting the child, and assault causing bodily harm. Continue reading...