On Friday, the Hong Kong Exchanges and Clearing Limited (HKEX) announced that its wholly-owned subsidiary, the Stock Exchange of Hong Kong Limited (SEHK), has signed Memoranda of Understanding (MOUs) with the Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange (SZSE) to deepen collaboration and information exchange under Stock Connect. The agreements aim to support…
Andy Burnham will become the United Kingdom’s seventh prime minister in a decade on Monday, and must face the consequences of a bond market fiasco from three administrations ago. A report from the International Monetary Fund this week highlighted the baggage that still hangs over the world’s fifth largest economy: a 2022 budget with unfunded…
Warning: Spoilers ahead for “House of the Dragon” season three, episode five, and for the book “Fire & Blood.” Alys Rivers may not be a dragonrider or a soldier, but the self-proclaimed “barn owl cursed to live in human form” is one of the most formidable figures in “House of the Dragon.” Portrayed by Gayle…
ET Intelligence Group: The early June quarter earnings trend has been marked by double-digit growth in revenue and profit, driven largely by most of the big banks and stable year-on-year performance by the IT pack. For a common sample of 164 companies, revenue grew 17.5% on a low base a year ago, the fastest in…
Fresh off the holiday, digital assets insiders returned to the grind, with fresh thoughts on the CLARITY and GENIUS Acts, AI, PayPal/Stripe, and more. CLARITY Act “The US Senate is set to deliberate on the CLARITY Act on July 20. The bill’s key debates center on three fronts: ethics restrictions for government officials in the crypto…
On June 22, AbbVie (ABBV +0.04%) announced that it would acquire Apogee Therapeutics (APGE 0.06%) for $10.9 billion in cash. Some investors celebrated the move, since it will add zumilokibart, a promising investigational medicine for eczema, to AbbVie’s lineup and help it solidify its leadership in immunology. However, others may fear that, given how much…
Western Midstream: High Single-Digit Growth Appears Likely In 2027
The Bangalore Electricity Supply Company Limited (BESCOM) has declared power outages of up to six-and-a-half hours long in several areas on Sunday, July 19, due to maintenance work that will be carried out by the Karnataka Power Transmission Corporation Limited (KPTCL). Affected areas include MG Road and HAL to Peenya Division. East and central divisions…
Jessica Salmi waited nearly an hour on hold before her call was disconnected. Jason Marques’ servicer can’t say if his next student-loan payment will be $100 or $633. Robin Binkley is struggling to find out which repayment plan she qualifies for. As millions of borrowers navigate President Donald Trump’s sweeping student-loan repayment overhaul, which took…
As the US military prepares for high-intensity, mass-casualty future wars, its medics are training to do something they almost never did during the Global War on Terror — remove a tourniquet from a wounded soldier. Not long ago, tourniquet training for most American service members followed simple, strict guidance: apply one high and tight to…