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A 30-year-old Chinese fund manager is trouncing peers this year with a portfolio stocked with Gen Z-favored names like Pop Mart International Group, betting that new-age shopping trends can help his fund overcome the country’s economic sluggishness. Xie Tianyuan’s Penghua Selected Return Flexible Allocation Mixed Fund has returned 24% this year, ranking in the top … Read more
Tyrese Haliburton, the 25-year-old starting point guard for the Indiana Pacers, is having a moment. While the Oklahoma City Thunder had the best record in the NBA this year, and their star player, Shai Gilgeous-Alexander, was named league MVP, they are two games away from elimination in the NBA Finals courtesy of Haliburton and his … Read more
Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on March 13, 2025. David Paul Morris | Bloomberg | Getty Images Tech stocks have struggled in 2025, as recession and trade war fears sap investor appetite for riskier assets. Palantir is the exception. Against a … Read more
In this handout photo released by the South Korean Defense Ministry, South Korean navy vessels taking part in a naval drill off the east coast on September 4, 2017 in East Sea, South Korea. Getty Images South Korean defense stocks rose Tuesday, in line with a broad-based pickup in defense names globally, as the Russia-Ukraine … Read more
“I think we have all the ingredients to win this race, but we are going to have to turbocharge our efforts.” Read More
Emotions were running high at The Skating Club of Boston Thursday after six people with ties to the organization died in a plane crash near Reagan International Airport Wednesday night. Among those who spoke were Olympic silver medalist Nancy Kerrigan, who couldn’t hold back tears while talking about the crash. President Donald Trump said there … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A surge in UK health-related benefit claimants has been caused by design flaws in the welfare system, not by worsening health outcomes or long waits for treatment, a committee of peers has said. The House … Read more
Members of Congress from California on Saturday toured the ruins in Altadena and northern Pasadena caused by the still raging Eaton Fire. Rep. Judy Chu, whose congressional district includes the communities most impacted by the Eaton Fire in Los Angeles County, led Members of Congress from California on a tour of destroyed neighborhoods and streets. … Read more
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