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The Zhongji Innolight logo is displayed on the screen of a tablet computer. Sopa Images | Lightrocket | Getty Images Shares of Zhongji Innolight fell 5% on Thursday after the Chinese optical transceiver maker made its trading debut on the Hong Kong Stock Exchange. The company raised HK$53.4 billion ($6.8 billion) after pricing its initial…
Canada’s financial system has functioned well through a challenging year. Households and businesses remain in stable financial condition, and banks have strengthened their capacity to absorb shocks. However, vulnerabilities have increased in some parts of the system, and a more turbulent global environment poses risks to financial stability.
United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann see USD/CNH confined to a narrow intraday range, with flat momentum suggesting consolidation between 6.7450 and 6.7550. Their 1–3 week view still anticipates the Dollar edging lower toward 6.7300 while 6.7640 caps the upside, and over 1–3 months a sustained recovery requires a…
When you think of what’s outperformed the S&P 500 (^GSPC -1.21%), your first instinct is probably tech or semiconductors. How about dividend stocks? A lot of those exchange-traded funds (ETFs) are beating the S&P 500 in 2026, too. The Vanguard High Dividend Yield ETF (VYM -0.23%) is beating the index by roughly 3 percentage points…
Standard Chartered’s Jonathan Koh and Edward Lee now expect Bangko Sentral ng Pilipinas (BSP) to keep its policy rate unchanged at the 27 August meeting, abandoning a previously projected hike. The bank trims its 2026 Gross Domestic Product (GDP) growth forecast to 3.5% and lowers Consumer Price Index (CPI) expectations, while still projecting rate cuts…
en English Economics Aug 11, 2026 Sandeep Vaheesan A century ago, the US power industry was dominated by sprawling, heavily indebted holding companies until their collapse forced the federal government to break them up. Now, the pattern is repeating, with mega-mergers…