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...which lost more than 14 per cent when reports of the break-up first went public in 2022, are up 9 per cent in the past year, although at 14 times forward earnings they still trade at a steep discount to regional...
...While Israel has attempted to degrade the militant group’s capabilities since October, officials, diplomats and analysts in the region say the group still retains its potency....
...“Earlier India had a free hand in the neighbourhood,” said Praveen Donthi, senior analyst with the Crisis Group in New Delhi. “Now the competition is increasing and expanding.”...
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...The US still dominates the group in terms of advanced military technology....
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.... ©2024 Nikkei Inc. All rights reserved....
...Rather it considers Tehran to be the puppet master of the Palestinian Islamist group and other anti-Israel militant groups across the region, which have launched multiple assaults against Israel since October...
...Cathay Pacific reported its highest annual profit in more than a decade as strong travel demand buoyed the Hong Kong flag carrier’s earnings, with its chair declaring: “In 2023, we finally left the Covid...
...Brexit in numbers Today’s chart is based on a piece of work by Boston Consulting Group that predicts that shifts in global trade flows towards more regional supply chains will result in UK goods trade with...
...Despite the drop in profit, Ant still earns more than some regional banks....
...The bankruptcy of China’s largest private real estate group, Evergrande, has generated international attention....
...“They have seen the harsh economics faced by their peers”, said Han-Shen Lin, China country head at advisory consultancy The Asia Group....
...Elon Musk made Tesla the world’s most valuable carmaker and one of the “magnificent seven” US tech groups by outflanking incumbents in luxury EVs....
...A version of this article was first published by Nikkei Asia on April 2 2024. ©2024 Nikkei Inc. All rights reserved....
...Yet the canal could become a faultline between the two countries amid increasing regional polarity....
...Its valuation has more than doubled over the past three years to be in line with regional peers, reflecting expectations for rate increases....
...The group’s bumper profits last year compare with $700mn of net income for 2022 and $1.1bn in 2021....
...John Reed is the FT’s South Asia bureau chief, covering India, Pakistan and the region Join our online book group on Facebook at FT Books Café and subscribe to our podcast Life & Art wherever you listen...
...The latest fall in NYCB’s stock was not echoed in the wider regional banking sector. The KBW Regional Bank index, which includes NYCB, closed down just 0.4 per cent on Wednesday....
...Tesla and Nvidia offer more growth and even higher valuations (although when you scale Nvidia’s valuation to its near-term growth rate, using a PE/growth ratio, it surprisingly looks the cheapest of the group...
...Falling market share and sales figures reported this month indicate the two groups face rising competition and the whiplash of US-China geopolitical tensions....
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