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Pakistan's military spokesman said the Pakistani military is cautiously optimistic about mediation between Iran and the United States, but that talks face strong disruptive factors.

2026-10-31

Pakistan's military spokesman said the Pakistani military is cautiously optimistic about mediation between Iran and the United States, but that talks face strong disruptive factors.

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2026-10-30

On Oct. 30 the National Energy Administration (NEA) said national power supply and demand should remain broadly balanced this winter but warned extreme cold or tight primary-energy supplies could produce localized peak shortages; interregional transf

On Oct. 30 the National Energy Administration (NEA) said national power supply and demand should remain broadly balanced this winter but warned extreme cold or tight primary-energy supplies could produce localized peak shortages; interregional transfers can help address shortfalls. The NEA has urged power-generation capacity, grids and energy-storage projects to be completed and commissioned on schedule, stepped up analysis of winter supply-demand, and said it will strengthen primary-energy supply guarantees and emergency-response capacity. On coal the NEA expects winter supply to be generally secure and is taking measures to raise output and ensure supply: a coal production-stability policy, intensified national supply monitoring, reinforcement of long-term thermal-coal contracts for power, activation of reserve mine capacity, on-site inspections and encouragement of coal imports.
2026-10-30

Data from Yardeni Research and LSEG shows that S&P 500 forward earnings grew by 38.8% year-over-year, and the real increase after adjusting for inflation was still 32.2%, the highest level in a non-recession recovery phase since 1980. Previously, onl

Data from Yardeni Research and LSEG shows that S&P 500 forward earnings grew by 38.8% year-over-year, and the real increase after adjusting for inflation was still 32.2%, the highest level in a non-recession recovery phase since 1980. Previously, only 2010 and 2021 saw growth close to 40%, but both occurred during low-base rebounds following economic recessions. This earnings growth is not from a recession recovery, reflecting continued strong earnings expectations for US listed companies. Meanwhile, the S&P 500 forward price-to-earnings ratio has fallen from approximately 23 times to below 19 times this year, with earnings growth outpacing stock price performance, driving down valuations. However, forward earnings represent analysts' rolling forecasts for the next 12 months, not realized profits, and whether upward revisions can be sustained remains a key focus for the market.
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