Unique SpaceX IPO is hedging challenge for Wall Street: 'What are you going to do, short NASA?'
Millbank Dartmoor Portsmouth CIO Dennis Davitt says he hasn't seen anything like the SpaceX IPO since 2004. Investors are nervous about their positions.
"EDGING" · 총 133건
필터 보기현재 지수
49.5
0 = 부정 우세
50 = 중립
100 = 긍정 우세
최근 7일 기준 89,423건을 분석한 결과, 뉴스 심리지수는 49.5(균형)입니다. 긍정 10,927건(12.2%)·중립 64,632건(72.3%)·부정 13,864건(15.5%)이며, 중립 비중이 뚜렷하게 높습니다. 성향 지수는 종합 20.6(보수 경향)입니다.
Millbank Dartmoor Portsmouth CIO Dennis Davitt says he hasn't seen anything like the SpaceX IPO since 2004. Investors are nervous about their positions.
The Cleveland Clinic has entered into a settlement with the Department of Justice (DOJ), pledging not to perform transgender procedures on minors. The agreements, made in coordination between the DOJ and Ohio Attorney General Dave Yost, also include a landmark commitment of $2 million to provide care for detransitioners. This settlement is part of the […]

Economists say Germany is edging toward recession as an energy shock caused by the Iran war takes a chunk out of growth. Meanwhile, police have carried out raids on a suspected international drug ring. DW has the latest.
Of the many injured players scattered around the Mets roster, perhaps none is more important than Francisco Lindor.

François Picard is pleased to welcome Ulrike Franke, Senior Policy Fellow at the European Council on Foreign Relations. According to Franke, the project's demise was "not a surprise to anybody." While acknowledging that Dassault was often perceived as "quite difficult to deal with," she argues that the deeper problem lay in a structural design flaw that brought together industrial rivals who "never really had the incentive to properly work together."

The race for California governor in November will be a battle between a Democrat promising to cement the state’s status as a stronghold of liberal policies and a Republican pledging to dramatically reverse course in America’s most populous state. Republican Steve Hilton, a former Fox News commentator backed by President Donald Trump, has won enough votes to advance to the general election, Associated Press determined on Tuesday. He will face Democrat Xavier Becerra, a former state attorney...

Bank stocks gained as much as 5% on Tuesday after the raft of measures introduced by RBI to help hedge foreign currency borrowings stoked investor optimism and led to traders covering some of their bearish bets.Bank Nifty rose 2.1% to 55,194.50; and closed above 55,000 levels after two weeks while benchmark Nifty moved 0.5% higher on Tuesday. All 14 constituents of Bank Nifty moved higher on Tuesday. .Bank of Baroda jumped 5.5% while Canara Bank climbed 4.5%. Punjab National Bank and Federal Bank advanced around 3.5%."The measures by RBI are likely to drive a healthy deposit base for banks and lead to cheaper cost of funds since the hedging cost on FCNRB is borne by the Central Bank while the hedging costs on ECB's is subsidised," said Dharmesh Kant, head of research, Cholamandalam Securities.131622603Last week, the RBI announced measures to boost foreign currency inflows and to support the rupee. The Central Bank offered concessional dollar-rupee swap facility to absorb the entire forex hedging costs for three-to-five-year Foreign Currency Non-Resident (FCNR[B]) deposits until October 16, 2026. In addition, it offered a concessional swap facility for eligible External Commercial Borrowings (ECBs) raised by public sector entities, fixing the hedging cost at 1.5% per annum.This policy allows Indian banks to access low-cost global capital and alleviate domestic deposit crunches without bearing currency risk, said analysts. "The sudden fundamental clarity triggered massive technical short covering, catching derivative traders by surprise and sparking a rapid short squeeze since the Put-Call Ratio (PCR) had dropped into an oversold zone below 0.80 ahead of the news," said Nishchal Jain, Quant Researcher, Share. Market by Phone Pe.The high-volume breakout past 55,100 and decisive price action, shifts the market regime from "sell on rallies" to "buy on dips", establishing 55,000 as a strong psychological support base- forming a high-conviction bullish view, he said.
Thailand and Vietnam have set a target of lifting bilateral trade to US$25 billion this year, with the two countries' leaders pledging to accelerate economic cooperation under their comprehensive strategic partnership during talks in Hanoi on Tuesday.
Actress Gwyneth Paltrow revealed some details about her political affiliation, describing herself as a “centrist,” but acknowledging that her leftist husband disagrees. The 53-year-old “Marty Supreme” star discussed the topic during a recent episode of her “goop Podcast.” “He’s so progressive,” Paltrow said of her writer/producer husband Brad Falchuk, whom she married in 2018. “I’m ...
Martha Karua criticises the High Court ruling on Gachagua's impeachment, calling it flawed after acknowledging his right to a fair trial was violated.

As the rupee came under pressure from rising crude oil prices, geopolitical tensions in the Middle East and sustained foreign portfolio investor (FPI) outflows, the government and the Reserve Bank of India rolled out a set of measures over Friday and Monday aimed at attracting foreign capital and strengthening India's external position.The RBI, while keeping the repo rate unchanged at 5.25% in its June monetary policy review, unveiled a package to boost dollar inflows. Simultaneously, the government followed up with a tax ordinance exempting foreign investors from taxes on investments in government securities. Together, the measures are designed to improve India's balance of payments, ease pressure on the rupee and make Indian debt markets more attractive to overseas investors.Also Read: India scrapping tax for foreign investors in govt bonds aimed at inclusion in Bloomberg index, govt official saysSo, why were policymakers worried?The West Asia conflict and its impact globally is no secret. The ripple effects are real. The rupee had come under pressure in recent weeks trading in the range of ₹95.20 to ₹95.80 against the US Dollar as crude oil prices surged following the escalation of the Iran-Israel conflict, raising concerns over India's import bill and current account deficit. However, a surprise sprang on Monday when India reported a current account surplus of $7.1 billion in the fourth quarter of FY26. The RBI's package1. Concessional forex swap facility for overseas borrowingsThe RBI introduced a special dollar-rupee swap facility at a concessional rate for public sector entities and banks raising funds overseas. The facility will remain available until September 30.Companies often borrow abroad but must hedge currency risk. Hedging can be expensive. By lowering that cost, the RBI is encouraging more overseas borrowing and, consequently, more dollar inflows into India.2. RBI to bear hedging costs on FCNR(B) depositsOn Monday, the RBI issued detailed guidelines for the FCNR(B) deposit scheme announced during the monetary policy.Also Read: Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inUnder the framework, banks can mobilise fresh FCNR(B) deposits with maturities of three to five years between June 8 and September 30 and swap the dollar inflows with the RBI. The swap window will remain available until October 16. The central bank will bear the entire hedging cost, effectively allowing banks to hedge these deposits at par. Banks can also offer leverage against such deposits.The RBI also exempted these deposits from Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) requirements, improving the economics of mobilising foreign currency deposits.To ensure stability of inflows, deposits raised under the scheme will carry a mandatory one-year lock-in period. Banks will not be allowed to cancel swaps undertaken with the RBI before maturity. The RBI further exempted swap positions arising from FCNR(B) deposits from net unhedged foreign exchange exposure calculations.This is the closest India has come since the 2013 FCNR(B) mobilisation scheme launched during the rupee crisis. By eliminating hedging costs, providing CRR and SLR relief, relaxing regulatory treatment and offering a dedicated swap window, the RBI is giving banks a strong incentive to attract dollar deposits from overseas Indians. Why analysts think this scheme could be bigger than 2013Brokerage Jefferies believes the latest package could attract $50-70 billion of foreign currency inflows, substantially higher than the inflows generated under the 2013 FCNR(B) scheme.The brokerage argues that the current framework is more attractive than the one introduced during the rupee crisis more than a decade ago. While banks had to bear hedging costs of around 3.5% under the 2013 scheme, the RBI is now absorbing the entire cost. The deposits are also exempt from CRR and SLR requirements, similar to the earlier programme.A key difference this time is the ability to use leverage. Jefferies noted that the RBI has permitted banks to provide standby letters of credit (SBLCs), potentially allowing depositors to amplify returns through leverage. According to the brokerage, this could significantly improve the attractiveness of FCNR(B) deposits for overseas investors.3. Expansion of the Fully Accessible Route (FAR)The RBI expanded the FAR framework to include all new 15-year, 30-year and 40-year government securities and removed concentration limits for foreign investors.Large global investors, including pension and sovereign funds, prefer long-dated bonds. The move widens the universe of Indian government securities available for unrestricted foreign investment.4. Easier access for non-resident investorsThe RBI broadened investment access for individuals residing outside India and eased certain norms governing non-resident participation in Indian markets.The measure aims to tap a larger pool of overseas capital, particularly from the Indian diaspora.The Government's follow-up Tax reliefAfter the RBI's measures, the government issued the Income-tax (Amendment) Ordinance, 2026.5. Capital gains tax exemption on government bondsThe ordinance exempted foreign institutional investors and the Bank for International Settlements from capital gains tax on investments in specified government securities. Earlier, long-term gains attracted a 12.5% tax.1316102436. Interest income tax exemptionThe government also removed taxes on interest income earned by eligible foreign investors from these government securities. Previously, interest income faced a 20% withholding tax.131610254
"The joint security team was ambushed by armed men suspected to be kidnappers while responding to a distress call around a dredging site where expatriate workers were engaged in operations," the statement said. The post Soldier, four hostages killed in foiled kidnap of Chinese expatriates in Ogun appeared first on Vanguard News.

Left-wing candidate vows ‘fight for a healthier, safer and more joyful Los Angeles’ after edging out Spencer Pratt Sign up for the Breaking News US email On election night, Nithya Raman seemed as if she was prepared to lose the second spot in the Los Angeles mayoral race to the reality TV star Spencer Pratt, whose viral campaign appeared on track to upend the contest. “Many thousands of votes will be counted in the days ahead, and we may not get an answer we like. But regardless of what happens next, nobody can take away what all of us have built together,” Raman, a progressive Democrat who sits on the LA city council, told her supporters. Continue reading...
[Daily Maverick] The greatest threat facing SA is not migration. It is the growing willingness to blame migrants for problems created by the state itself.
Hong Kong’s rule of law is the essential engine driving both civic integrity and economic prosperity, Secretary for Justice Paul Lam said on Tuesday, adding that the fight against corruption had become so deeply embedded in the city’s culture that it now forms part of its “genetic makeup”. He made the remarks at an Asia-Pacific Economic Cooperation (Apec) workshop on anti-corruption, where he highlighted Hong Kong’s transformation from a corruption-ridden society in the 1970s to one of the world’s cleanest financial hubs. According to Lam, this journey offers a powerful blueprint for other economies. “The long and short of it is that social and economic growth will not be sustainable unless it is coupled with a strong culture of integrity," he said at the Anti-Corruption and Transparency Experts Working Group workshop. Citing the Independent Commission Against Corruption (ICAC)’s latest annual survey, Lam noted that approximately 98 percent of Hong Kong’s public believes maintaining a corruption-free society is crucial to the city’s overall development – a statistic that he said reflects a fundamental shift in public attitudes. He traced Hong Kong's anti-corruption journey to two landmark developments: the enactment of the Prevention of Bribery Ordinance in 1971, which introduced offences including the "possession of unexplained property," and the establishment of the ICAC in 1974. Lam emphasised that the commission's independence – operating free from direction except from the Chief Executive – has been critical to its success. "The point that I wish to make is that the rule of law is the indispensable means to promote a culture of integrity," Lam said, pointing to Hong Kong's comprehensive legal framework that includes criminal offences, common law liabilities for misconduct in public office and civil remedies such as constructive trusts that force corrupt officials to surrender illegal gains. While celebrating Hong Kong's achievements, Lam struck a collaborative tone, acknowledging that no economy can fight corruption alone. "While each economy would need to find its own way to promote integrity ... knowledge and experience sharing as well as mutual legal assistance among economies are not only desirable but also necessary, in particular, having regard to the fact that many challenges are common and transboundary," he said. Lam encouraged visitors from other economies to take time to experience Hong Kong as a safe, friendly and interesting place – where integrity and prosperity coexist. Edited by Tony Sabine
Hong Kong’s anti-corruption chief has said trust is the real currency of finance, with an official from mainland China’s watchdog pledging to continue fostering a clean business environment and deepen regional cooperation. At an Asia-Pacific Economic Cooperation (Apec) seminar on Tuesday, Danny Woo Ying-ming, commissioner of the Independent Commission Against Corruption (ICAC), said corruption harmed prosperity at its core and attacked the very foundations of society. “Integrity … is the unseen...

Enforcement Directorate officials conducted raids at the Jalandhar residence and office of businessman Amit Bajaj, reportedly close to the Aam Aadmi Party. In response, AAP leaders, including Arvind Kejriwal, framed the action as harassment of 'Hindu traders' in Punjab, urging them not to panic and pledging government support against the central agency.
In response to the 'Peddi' controversy, Kangana Ranaut highlighted the film industry's historical bias against women, pointing out that the objectification of women transcends cinema, reflecting broader societal challenges. While acknowledging past missteps in representation, she urged audiences to approach the topic with discernment, reminding them that sensuality and sexuality can serve as powerful artistic expressions. Read on to know more in detail.
• Centre, provinces struggle to reach consensus over fiscal space • Federal govt seeks over Rs1tr for strategic needs; provinces resist freeze on NFC shares • KP says demand could push provinces into deficit • CM’s adviser says issue now political, not technical • Seeks consultation with Imran before budget decisions ISLAMABAD: The announcement of the federal budget 2026-27 remains uncertain as the federal government, its coalition partners and provincial governments struggle to reach consensus over the Centre’s demand for more than Rs1 trillion for strategic needs. The meeting of the National Economic Council (NEC), officially called on Monday for June 8, was postponed for the third time at the last moment amid continuing negotiations over the freezing of provincial shares in the federal divisible pool under the National Finance Commission (NFC) award. As a consequence, the federal budget 2026-27 may not be presented in parliament on June 10 as announced last week by the Ministry of Finance. The finance ministry’s official spokesperson did not respond to a request for comment on the revised plan for the release of the Economic Survey of Pakistan and the budget schedule. Muzzammil Aslam, adviser on finance to the Khyber Pakhtunkhwa chief minister, confirmed that the Centre had told provinces that their financial shares under the NFC for the current year would not be increased next year and that any amount above the current year’s share would have to be returned to the Centre. Aslam said the provinces had protested the demand, as it would push provincial budgets into deficit and make it difficult for them to run their governments. He said the federal government team suggested that provinces could freeze salaries and limit development schemes. The Centre’s additional fiscal demand is over and above the Rs1.95tr cash surplus that provinces have already committed and signed under the national fiscal pact pushed by the IMF. Speaking to journalists after a meeting with a federal team led by Planning Minister Ahsan Iqbal and comprising Finance Secretary Imdadullah Bosal, Aslam said he had not seen such a precarious situation in the past 21 to 22 years that he had been following budgets, and certainly not during the last six to seven years in which he had been directly involved in the budget process at the federal and provincial levels. The KP team was led by Chief Minister Sohail Afridi. Aslam said even the rescheduled NEC meeting on June 9 was uncertain, as many issues that had developed over time were too significant to be settled ahead of the NEC meeting. As a result, the federal budget scheduled for June 10 could slip further, as there was “no way forward in sight” and consensus between the Centre and provinces appeared distant, he said. He said even if provinces practically agreed to give up funds beyond their current year’s share, it would be technically challenging to implement the decision because it could violate surplus targets agreed with the International Monetary Fund. Responding to a question about the constitutional bar on reducing provincial NFC shares during a fiscal year, Aslam said there was no clear answer on the table, but the Centre perhaps wanted to transfer funds to the provinces and then seek their return. “Everybody is standing on their toes” to find a solution, he said, while acknowledging that the strategic purpose for the additional funding was in the national interest. “The demand for the strategic purpose is not unjustified and is in the national interest, but Sindh and Punjab will have to show generosity,” he said. Aslam said KP’s fiscal loss could be Rs170 billion to Rs180bn compared to much larger demands from other provinces — around Rs700bn from Punjab and Rs500bn from Sindh. He said the issue had now become political rather than technical. Therefore, he said, the matter was beyond the KP government’s powers and had to be taken up in consultation with PTI founder Imran Khan. For this purpose, he said, CM Afridi and he himself should be granted urgent access to Imran in Adiala Jail. He said Imran was large-hearted and could provide a better solution, unlike the leadership of the current coalition partners. Aslam said the delegation led by Iqbal was convinced about KP’s position and promised to return with answers regarding an urgent meeting with Imran. Meanwhile, the Chief Minister’s Office said the delegation led by Iqbal had come to KP House “to discuss a range of intergovernmental matters, including meeting with former prime minister Imran Khan, the forthcoming meeting of the NEC, provincial fiscal and constitutional rights, development financing for the merged districts, energy-related issues, wheat supply, hydropower projects, and other matters of mutual concern”. CM Afridi conveyed his government’s concerns over the continued unequal treatment of KP in fiscal allocations and development financing. He said sustained denial of the province’s constitutional and financial entitlements could adversely affect the environment necessary for constructive intergovernmental engagement, including participation in national forums such as the NEC. He said consultations with Imran were essential in the context of major policy and budgetary decisions, noting that political parties routinely seek guidance from their leadership on matters of national importance. Such consultations were “necessary before taking key decisions relating to the budget and broader economic policy”, he said. The chief minister pointed to reductions in development allocations earmarked for Khyber Pakhtunkhwa and the merged districts. He said funding under the Accelerated Implementation Programme had been reduced from Rs37bn to Rs27bn, while development allocations for the merged districts had been cut from Rs66bn to Rs56bn within a week by the federal government. He said the NFC share of the merged districts had been withheld unconstitutionally for the past eight years, causing serious harm to development and public welfare efforts in these areas. Afridi said KP produced more than 500 mmcfd of natural gas daily, yet the people of the province continued to face severe gas shortages and loadshedding despite KP’s total consumption of 150 mmcfd. This was “contrary to constitutional requirements and the principles of equitable resource distribution”, he said, adding that depriving a gas-producing province of its rightful share was unacceptable. He also pointed to delays in operationalising a completed dam project in Swat due to the non-issuance of required clearances for Chinese engineers by the federal government, preventing the timely use of completed infrastructure and limiting associated economic benefits. Similarly, the Peshawar Bus Terminal had been completed but remained non-operational due to the pending issuance of a no-objection certificate by the National Highway Authority, he said. The CM’s Office said Iqbal assured the KP government that the no-objection certificate required for operationalising the Peshawar Bus Terminal would be facilitated within 24 hours. He promised that the concerns and proposals discussed during the meeting would be “presented before the prime minister and other relevant federal forums, and that efforts would be made to pursue their resolution”. Published in Dawn, June 9th, 2026
The Dutch government is stepping up efforts to increase employment among status holders amid persistent labor shortages, particularly in healthcare and other essential sectors, while acknowledging