Student led '14-man pack' chasing Balogun, court hears
A man who was stabbed to death in Dublin last weekend was pursued by "a 14-man pack" led by a man who has been charged with assault and violent disorder, Dublin District Court has heard.
"CHASING" · 총 134건
필터 보기현재 지수
50.3
0 = 부정 우세
50 = 중립
100 = 긍정 우세
최근 7일 기준 87,517건을 분석한 결과, 뉴스 심리지수는 50.2(균형)입니다. 긍정 4,360건(5.0%)·중립 81,011건(92.6%)·부정 2,146건(2.5%)이며, 중립 비중이 뚜렷하게 높습니다. 성향 지수는 종합 14.7(중도 균형)입니다.
A man who was stabbed to death in Dublin last weekend was pursued by "a 14-man pack" led by a man who has been charged with assault and violent disorder, Dublin District Court has heard.
A man who was stabbed to death in Dublin last weekend was pursued by "a 14-man pack" led by a man who has been charged with assault and violent disorder, the Dublin District Court has heard.
SHANGHAI, June 5 — China’s major solar panel manufacturers are ramping up higher-margin battery exports to b...
Chinas services activity expanded at a faster pace in May, according to the latest RatingDog China General Services Purchasing ManagersIndex, which points to robust growth in new business and a rebound in overseas demand.
Foreign investors purchasing Indian government bonds convert foreign currency into rupees.
A series where Emer McLysaght saves us from chasing every trend and instead points us to things worthy of our time (and money).
KARACHI: The foreign exchange reserves of the State Bank are inching close to the target of $18 billion for current fiscal year (FY26), but a widening trade deficit threatens to erase the growth in reserves and remittances. Data issued by the central bank on Thursday showed that the forex reserves increased by $43 million to $17.2bn during the week ending on May 29. Financial experts see the improvement in reserves as a good sign, but at the same time they fear the widening trade imbalance would lead to a large current account deficit this fiscal year. They also pointed out that substantial payments to foreign creditors are due this month. SBP forex reserves are nearing their annual target, but large payments are also due this month June which means still a month is available to the SBP to catch the target of $18bn. The State Bank has been purchasing dollars from the inter-bank market to improve reserves and make external payments, while the exchange rate is being managed through a steady uptick in the rupee’s value against the dollar. “More important is the managed exchange rate, which may burst after June after large payments are made before the end of the fiscal year on June 30,” said Atif Ahmed, a currency expert. He added that since the dollar has been appreciating against all regional currencies except Pakistan’s, it is obvious the rupee is under depreciation pressure. According to Atif, the purchase of dollars from the inter-bank market by SBP makes no difference to the dollar rates since the price mechanism in banking market does not exist anymore. “The rate is determined by the central bank.” Alarming deficit Financial experts said the growing trade deficit would affect both the exchange rate and the current account deficit. The current account had a surplus of $1.8bn in FY25. “The trade deficit for the 11 months of FY26 has soared to $35bn, which is seen as alarming by economic managers of the country. It will definitely take the current account deficit to an unexpected level, putting pressure on the rupee to depreciate against the dollar,” said a financial expert. He recalled that the Indian rupee fell from Rs86 to Rs95 in a year. The trade deficit rose by 17.48pc to $34.76bn in July-May 2025-26, up from $29.58bn over the corresponding period last year: a rise of $5.18bn. Currency dealers have already predicted a slowdown in remittances, which means the target of $41bn would be hard to achieve in FY26. “The remittances depend upon the situation in Middle East as more than 50 per cent remittances come from this region,” said the expert. He said the ministry of finance is responsible for such a large trade deficit and would face a tough time in FY27 with higher current account deficit,” he added. The import bill went up to $62.66bn, mainly due to an increase in import of luxury items and foodgrain. The country’s total foreign exchange reserves at the end of last month were $22.63bn, including $5.44bn held by commercial banks. Published in Dawn, June 5th, 2026
The European Union is preparing more than €50 million in financial assistance for Armenia and will begin purchasing Armenian goods whose imports have been blocked by Russia ahead of the country’s parliamentary elections.
Second-hand homes have become more popular among Thai homebuyers since the pandemic, with their share of both transaction volume and value increasing as new home transfers declined, reflecting weaker purchasing power amid a slowing economy.
Vladimir Putin's remarks come at a time when the US is reconsidering a waiver that has allowed countries, including India, to continue purchasing Russian oil.
Fresh off of rejecting a takeover proposal from capital fund Pershing Square, Universal Music has announced it is repurchasing a sizable portion of its stock back from the company founded and operated by billionaire investor Bill Ackman. The world’s largest record company will repurchase over 14.2 million shares from Pershing, worth about $290.5 million (€250 […]
This memoir of a man who moved around China chasing low-paid work for 20 years is an indictment of a shocking system, read in a suitably austere way Hu Anyan’s memoir about working in the Chinese gig economy began life as a blog before being turned into a wildly successful book that has sold nearly 2m copies in China. It chronicles the daily grind that is working a series of unskilled jobs for insultingly low wages and where there is no such thing as career progression. Hu is one of 300 million so-called internal migrants in China, people who move around the country chasing work. Over 20 years, he does 19 jobs in six cities, many of them in terrible conditions. He works as a security guard, hotel waiter, delivery driver, bicycle salesman, bike courier, gas station attendant and at a logistics warehouse where he is given only four days off a month. There is a reason, he notes, why so many new recruits fail to make it through the three-day trial, which, of course, is unpaid. Continue reading...
For most investors, the focus is often on finding the right stock, entering at the right valuation, and identifying the next multibagger. Far fewer spend time understanding what may be the more difficult aspect of investing—knowing when to sell.Speaking at the ET Alpha Wealth Summit on Thursday on "The Art of the Exit," Rajiv Thakkar, CIO and Director at PPFAS Asset Management said that successful investing is not just about buying well but also about staying invested long enough for compounding to work. In fact, before discussing reasons to sell, he spent considerable time explaining why investors should avoid selling in the first place.According to Thakkar, one of the biggest mistakes investors make is selling because a stock has not moved for a few months.Also Read | ET Alpha Wealth Summit: Future alpha may emerge from neglected markets and asset classes, says Kalpen Parekh Investors often spend significant effort researching a company, understanding management quality, assessing industry prospects and evaluating valuations. Yet after purchasing the stock, many lose patience if prices remain stagnant for six months or a year.https://youtube.com/shorts/RiLj-X02NNE?feature=share"Investments are meant for wealth creation, not entertainment," he said, cautioning against treating investing like a source of excitement or constant action.Another common trigger for unnecessary selling is reacting to news flow. Markets are constantly bombarded with information—wars, elections, crude oil fluctuations, interest-rate decisions, capital flows and economic data. Investors who react to every headline often end up making poor decisions.To illustrate this, Thakkar recounted the story of an investor who received advance information about the severity of the Covid outbreak in early 2020. Acting on that information, the investor sold his technology stocks before the market crash. While the prediction turned out to be accurate, fear prevented him from re-entering the market, and he ultimately missed one of the strongest rallies in technology stocks.The lesson, according to Thakkar, is that even correct information does not necessarily translate into successful investment outcomes. Thakkar was particularly critical of the concept of "profit booking."Investors often feel compelled to sell simply because a stock has appreciated significantly. However, he argued that wealth is created by allowing successful investments to compound rather than by repeatedly locking in gains.Frequent buying and selling may benefit brokers, exchanges and tax authorities, but it often works against long-term investors. Hyperactivity in portfolios can destroy wealth by interrupting compounding and increasing costs.Similarly, investors should avoid selling because another stock appears more attractive. This "buyer's remorse" mindset frequently causes investors to abandon good businesses prematurely in pursuit of seemingly better opportunities."If you manage to find a genuinely good business with strong management, a large opportunity set and reasonable valuations, the best course of action is often to simply stay invested," he said.Thakkar emphasised that investors in taxable jurisdictions such as India should maintain low portfolio turnover whenever possible. Unlike institutional structures such as mutual funds or investors in tax-free jurisdictions, individual investors face taxes and transaction costs every time they trade. Excessive churn can significantly reduce long-term returns.For wealthy investors, family offices and HNIs, the ability to remain invested and minimise unnecessary transactions often becomes a major source of compounding advantage.Also Read | ET Alpha Wealth Summit: India could unlock a $5 trillion export opportunity through FTAs, says Saurabh Mukherjea While most reasons for selling are flawed, Thakkar identified several situations where exiting an investment becomes necessary. The most obvious reason is the need for capital. If an investor requires money for a business opportunity, acquisition or personal objective, selling investments may be entirely justified. More importantly, investors must be willing to acknowledge mistakes.If an investment thesis turns out to be wrong because of flawed analysis, poor due diligence or changing circumstances, the best course is often to exit quickly rather than averaging down endlessly.According to Thakkar, investors who recognise mistakes early frequently outperform those who identify good opportunities but refuse to sell losing positions. Capital trapped in poor investments cannot be deployed into better opportunities. Fraud, naturally, represents an immediate reason to exit.One of the more challenging selling decisions arises when industries face structural disruption. Questions such as whether newspapers can survive the internet, whether thermal power can coexist with renewable energy or whether traditional automobile manufacturers can adapt to electric vehicles rarely have straightforward answers.Thakkar suggested that investors should not react impulsively but should continuously evaluate incoming evidence. Investment decisions should be driven by facts rather than sentiment. If the underlying business continues to deteriorate because of technological or structural change, investors must eventually acknowledge reality and exit.At the same time, distinguishing genuine disruption from temporary noise remains critical. Exceptional businesses are not immune to becoming overvalued. Thakkar pointed to situations where valuations become so excessive that future growth is already fully reflected in stock prices. In such cases, taking profits, paying taxes and reallocating capital may be sensible.He also noted that investors may sell a reasonably valued investment if a significantly superior opportunity emerges elsewhere.During the question-and-answer session, investors raised concerns about stocks that stop performing despite sound fundamentals. Examples such as Maruti Suzuki, Bharti Airtel and even silver investments highlighted a common dilemma: should investors exit after years of gains and subsequent consolidation?Also Read | MF Tracker: Can ICICI Prudential Multicap Fund sustain its strong track record in a volatile market? Thakkar's response was that even excellent businesses can spend years moving sideways. Companies such as Hindustan Unilever, Infosys and Bharat Electronics have all gone through extended periods of stagnant share-price performance despite remaining fundamentally strong businesses.Investors should therefore distinguish between stock-price performance and business performance. As long as the underlying business continues to execute well, temporary market stagnation alone is not a sufficient reason to sell.For investors worried about selling too early, Thakkar recommended a phased approach. Instead of attempting to identify exact market tops, investors can gradually reduce exposure over time. For instance, if a stock appears significantly overvalued, an investor might sell a portion every month rather than exiting entirely in one transaction.This systematic approach helps manage the emotional difficulty of selling while reducing the risk of poor timing. Another important consideration is position sizing. Addressing a question about highly successful investments such as Nvidia, Thakkar noted that even outstanding businesses can become disproportionately large components of a portfolio.When a single stock grows from a small allocation into a dominant position, investors face a different risk—wealth preservation rather than wealth creation. His solution is gradual trimming. Investors can periodically reduce oversized positions to maintain comfortable portfolio weightings while still participating in future upside.This approach may not maximise returns, but it significantly reduces the risk of catastrophic losses and helps investors sleep better during periods of volatility.Thakkar concluded by stressing the importance of diversification and long-term investing. Most individuals create wealth through a single business, profession or sector. Their financial portfolios should therefore diversify away from that concentration rather than amplify it.Whether through mutual funds, retirement vehicles such as NPS, EPF and PPF, or diversified portfolios, investors should focus on owning inflation-protected assets for long periods. "The lower the churn in a portfolio, the greater the opportunity for compounding," he said.Ultimately, successful investing is not about perfectly timing every entry and exit. It is about avoiding unnecessary activity, admitting mistakes quickly, remaining patient with good businesses and ensuring that no single investment becomes large enough to threaten long-term financial stability.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and Twitter handle.
Shreeja Mahila Milk Producer Company, the world’s largest women-owned milk firm, has made 29,000 of its members ‘Lakhpati Didis’ earning over ₹1 lakh a year, and is now eyeing ‘Crorepati Didis’
Toys that can damage a child's hearing or induce epileptic fits have been found on sale in Hong Kong with some products lacking the necessary warnings for parents, the Consumer Council said on Thursday. The watchdog said it tested 30 battery-powered products with sound or light features, including toy phones, keyboards, walkie-talkies and trains, priced at between HK$28 and HK$399. Eight of the items failed battery safety checks, with the batteries left exposed after drop or pull tests. Of the 22 toys with light features, three did not have the required labels to warn of a potential risk they could trigger photosensitive epilepsy. One toy also played music louder than the 80-decibel limit set out in safety standards, with the council warning that prolonged exposure to excessive noise can harm a child's hearing at a time when their auditory system is still developing. "We urge relevant manufacturers and suppliers to check the results of this test and improve the product design and labelling to improve the safety of toys and strengthen the protection of children," the watchdog said. "The Consumer Council reminds parents and caregivers to pay close attention to product labels and safe usage when purchasing and using battery-operated toys with sound or light features, in order to reduce potential risks to children." It added that parents should check the recommended ages for individual products, make sure children don't hold noisy toys too close to their ears, and not to let children stare at lights coming from toys for too long. Edited by Thomas McAlinden
Francis Wanjohi narrated how he single-handedly ruined his marriage following advice from a 'men's conference' and chasing financial success among his peers.
THEY all look the same and for good reason. Every budget over the past 10 years (and more) is pretty much the same with minor differences usually in the gimmickry being advanced in the name of a ‘revenue plan’. And it will be no different this time round when the budget for FY27 is announced. There is a simple reason for this. A little more than a decade and a half ago Pakistan finally abandoned its last attempt to try and get serious tax reform through. Since then, successive governments have been rolling out various gimmicks, from amnesty schemes to ‘point of sale machines’ to do something that cannot be done with gimmicks. They are trying to document the growing services sector of the economy with these gimmicks, which is like trying to measure the ocean with a teacup. Consider a little perspective first. Since the 1980s, the single fastest-growing sector of the economy has been services. It was slightly less than half of Pakistan’s GDP back in those days. Today, it is touching 60 per cent while the shares of industry and agriculture have shrunk. But today, services contributes less than 40pc of total revenues while the share of manufacturing can be as high as 55pc. This is an important crux of the problem. The fastest-growing sector in Pakistan’s economy has made a diminutive contribution to its revenue effort. And there are a number of reasons why. First, successive governments have failed to undertake the kind of tax reforms necessary to keep abreast of the changes sweeping the economy where the services sector is a motor force for growth. For now, the bulk of the revenues contributed by this sector comes from banking and telecom — the low-hanging fruit. Quite possibly, this is the one budget of the past decade or more which will be defined almost entirely by its revenue effort. Documenting the transactions taking place in this sector is the first step to reaching them. And for decades there was one big idea on how to do that. It was called ‘value-added tax’, or VAT, and countries around the world implemented it with varying measures of success to help document their economies during periods of change, and help distribute the burden of the tax effort more widely. In some shape or form, the VAT was always on the agenda as a crucial structural reform measure of every IMF programme that Pakistan signed between 1988 and 2008, and there were many. The tax itself was passed into law in 1992, updated in 1996, but never really applied in value-added mode across the board. In 2008, it was supposed to be updated and modernised but the government of the time failed to ensure passage of the legislation so spectacularly that the IMF simply dropped it from all future reform agendas. Since then, it has been abandoned. In abandoning it, however, a new question arose. If you are not going to use the VAT to document your economy, how exactly are you going to do it? The question was an important one because Pakistan’s economy was growing in directions that its tax machinery struggled to capture. And successive governments gave their own answers to this question. This was the decade of gimmicks. We had amnesty schemes, proliferating withholding taxes, new taxes on banking transactions of non-filers, attempts to document the economy by triangulating multiple databases, reliance on data from point of sale machines and even one brief and doomed attempt to manually document the retail sector by serving tens of thousands of notices to them. Of course, all of these failed because, as already stated, they amounted to attempts to measure the amount of water in the ocean using a teacup. Pakistan’s tax-to-GDP ratio stagnated in the single digits and intensified political struggles around the shrinking resource envelope of the state. We saw more gimmicks on the revenue side, like deemed incomes. We saw a ‘hard state’ approach to withdraw all exemptions or rebates offered to schoolteachers and university professors. They leaned harder on fuel taxes than any government in any period in the past. And they printed more money than any other government in any comparable decade in the past. All to help make ends meet at the centre. Taken together, all these gimmicks made for an unseemly display of desperation. The growing resort to gimmickry was the state thrashing around within the shrinking confines of its resource envelope when it could not generate resources in quantities sufficient to keep pace with its expenditure growth. And they squeezed out a decade for themselves like this. This was the overriding context within which all budgets in these years were made. And now the context is wrapping itself around them like the cloak of Nessus that once worn began to tighten around the wearer until its grip became inescapable and fatal. This is what sets the stage for the forthcoming budget. Watch what rabbit they’ll pull out of their hat this time round to call a ‘revenue plan’ for the next fiscal year. They have to give relief to salaried people, and industry is near breaking point. They can’t lean more heavily on fuel or electricity taxes or deem more taxes into being out of foreign assets of the rich. Keep an eye on the revenue plan they announce as well as the target for incremental revenues they have to pursue. They are chasing incremental revenues of up to 0.6pc of GDP, half of which will come from the federal government through slashing exemptions and their FBR transformation plan, including production monitoring and audits. This was their Achilles heel this year. Now their constraints are tighter still for next year, and options even more limited. Quite possibly, this is the one budget of the past decade or more which will be defined almost entirely by its revenue effort. If there is no attempt to break out of the constraints, then we’ll know we are all headed for the embrace of Nessus. The writer is a business and economy journalist. khurram.husain@gmail.com X: @khurramhusain Published in Dawn, June 4th, 2026
Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new startups is chasing those government contracts, but according to Ross Fubini, the venture investor who wrote Anduril’s first check, most of them will get lost in the Valley of Death between prototype contract […]
Even as artists spend years chasing gallery representation, what the arrangement means remains surprisingly difficult to define.
Harry Kane will play for England at a third World Cup this summer, at the age of 32. In the second instalment of a five-part series on players to watch at the 2026 tournament in the United States, Mexico and Canada, RFI looks at the World Cup career of England's record goalscorer.