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Israel's prime minister Benjamin Netanyahu said fighting Iran's nuclear program is his life's mission and that Iran will not be allowed to acquire nuclear weapons whether or not a deal is reached. He said Israel has removed a direct threat to its sur

2026-06-16

Israel's prime minister Benjamin Netanyahu said fighting Iran's nuclear program is his life's mission and that Iran will not be allowed to acquire nuclear weapons whether or not a deal is reached. He said Israel has removed a direct threat to its survival.

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2026-06-15

Goldman Sachs estimates IPO lock-up expiries could introduce about $274bn (HKD2.13tn) of newly tradable stock supply in Hong Kong over the next 12 months. The bank expects strong demand — particularly from passive index funds and southbound flows — t

Goldman Sachs estimates IPO lock-up expiries could introduce about $274bn (HKD2.13tn) of newly tradable stock supply in Hong Kong over the next 12 months. The bank expects strong demand — particularly from passive index funds and southbound flows — to act as a key liquidity buffer and absorb much of the supply. Historically, stocks typically fall 4–7% in the 3–6 months after lock-up expiry with wide cross-sectional dispersion; near-term returns are driven by the proportion of shares unlocked relative to total equity, while mid-term returns are linked to the post-unlock increase in free float and pre-expiry price performance. Companies with high cornerstone ownership, especially domestic cornerstone investors, tend to face larger sell pressure when lock-ups end.
2026-06-15

A Swiss diplomat said Switzerland has not received any information or a formal request to host a U.S.-Iran memorandum of understanding signing ceremony in Geneva. Pakistan Prime Minister Sharif had earlier said both sides would attend a signing in Ge

A Swiss diplomat said Switzerland has not received any information or a formal request to host a U.S.-Iran memorandum of understanding signing ceremony in Geneva. Pakistan Prime Minister Sharif had earlier said both sides would attend a signing in Geneva this Friday. The diplomat said holding a major event on such short notice would pose significant logistical challenges — the G7 summit is taking place in nearby Evian-les-Bains and delegations are using their Geneva missions as logistical hubs — but added Switzerland would likely be able to arrange the ceremony if a formal request is submitted.
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