Hong Kong Funds

Business

Cocoa Futures Bounce from Multi-Year Lows as Oversold Market Triggers Short Covering

Cocoa prices staged a modest technical rebound on Friday, halting a month-long slide that had pushed contracts to their lowest levels in over two years. The move higher, driven by short-covering in an oversold market, comes amid a complex backdrop of abundant near-term supplies, weakening demand, and a tightening longer-term outlook.

Jan 30, 2026

World

Iran Draws Red Line on Missile Program as U.S. Naval Buildup Intensifies

Amid escalating tensions and a U.S. military buildup in the Gulf, Iran's foreign minister has declared the country's missile capabilities 'non-negotiable,' setting the stage for a precarious diplomatic standoff.

Jan 30, 2026

World

Newly Released Epstein Documents Contain Unverified Claims About Bill Gates and Other High-Profile Figures

A trove of documents released by the U.S. Department of Justice includes emails from Jeffrey Epstein making lurid, unsubstantiated allegations about Bill Gates, while also detailing his interactions with other prominent individuals.

Jan 30, 2026

Business

Standex Bolsters Grid Tech Portfolio with $462M Amran/Narayan Acquisition Amid Record Margins

Standex International reported resilient Q1 2025 earnings with record gross margins above 40%, while announcing a transformative $462 million acquisition of Amran/Narayan Group, a leader in instrument transformers, aiming to double its exposure to fast-growing electrical infrastructure markets.

Jan 30, 2026

Business

Buffett's Enduring Wisdom: Why Owning a Slice of Excellence Beats All of Mediocrity

Three decades on, Warren Buffett's 1994 shareholder letter, featuring his iconic 'Hope Diamond' analogy, continues to offer a masterclass in capital allocation, challenging the modern obsession with control and highlighting the power of partial ownership in exceptional businesses.

Jan 30, 2026

Business

Guggenheim Boosts Bruker Price Target to $58, Citing Strong Diagnostics Outlook

Guggenheim analyst Subbu Nambi raises her price target on Bruker Corporation (BRKR) from $53 to $58, maintaining a Buy rating and projecting nearly 25% upside, as the life sciences tools sector shows resilience.

Jan 30, 2026

Business

Bitcoin's Stress Test: Price Plunge to $81K Amid $1.7B ETF Exodus Fails to Halt Institutional Buildup

While Bitcoin's sharp correction to nine-month lows triggered massive liquidations and ETF outflows, a deeper look reveals sustained corporate accumulation, state-level adoption proposals, and expanding bank services—painting a picture of a maturing asset class weathering short-term volatility.

Jan 30, 2026

Business

Sanofi Bolsters Pipeline with Atopic Dermatitis Win and Genetic Therapy Foray

Sanofi announces promising late-stage results for its immunology candidate amlitelimab and expands into genetic therapies via an investment in Sensorion, signaling a strategic push into high-value therapeutic areas.

Jan 30, 2026

Business

Starbucks Bets $500 Million on Tech and Training to Ease Barista Burden, Amid Union Tensions

Facing ongoing labor disputes, Starbucks unveils a massive investment in new espresso machines, AI-assisted POS systems, and a store rating program aimed at streamlining operations and improving the partner experience.

Jan 30, 2026

Business

Cramer's Critique: Has Meta Strayed From Its Path Amid AI Ambitions?

CNBC's Jim Cramer questions Meta's direction, citing investor skepticism over its AI strategy and spending. Yet strong Q4 earnings reveal a more complex financial picture, sparking debate on Wall Street.

Jan 30, 2026

Business

Bitcoin's Search for a Floor: When Will the 'Value Zone' Attract Buyers?

Despite significant institutional purchases and regulatory progress, Bitcoin continues to drift lower, leading analysts and investors to question what price level will finally stem the tide.

Jan 30, 2026

Business

Precious Metals Plunge as Warsh Fed Nomination Calms Markets

Gold and silver prices retreated sharply from record highs as President Trump's nomination of Kevin Warsh to lead the Federal Reserve eased concerns over central bank independence, triggering a broad profit-taking sell-off.

Jan 30, 2026

Business

Markets in Turmoil: Precious Metals Tumble as Trump Taps Kevin Warsh for Fed Leadership

Gold and silver prices experienced a dramatic sell-off following President Trump's surprise nomination of former Fed governor Kevin Warsh to chair the Federal Reserve, sparking intense debate over future monetary policy direction.

Jan 30, 2026

Business

The Rise of 'Soft Switching': Why Savvy Consumers Are Opening Multiple Bank Accounts

A growing financial strategy known as 'soft switching'—opening new bank accounts without closing old ones—is gaining traction. Experts say it can unlock higher yields, better features, and greater flexibility, but requires careful management to avoid pitfalls.

Jan 30, 2026

Business

CN's Investor Relations Chief Stacy Alderson to Retire After Three Decades; Jamie Lockwood Named Successor

Canadian National Railway announced the retirement of veteran investor relations executive Stacy Alderson, capping a 30-year career. Vice President of Engineering Jamie Lockwood will assume the expanded role of VP, Investor Relations and Special Projects, as the railway giant navigates a strategic transition.

Jan 30, 2026

Business

Steak 'n Shake Joins Corporate Push, Pledges $1,000 for Employees' Newborns Under 'Trump Accounts' Initiative

The restaurant chain Steak 'n Shake has announced it will contribute $1,000 to tax-advantaged investment accounts for employees' newborns, aligning with a growing corporate trend to supplement the federal 'Trump Accounts' program aimed at generational wealth building.

Jan 30, 2026

Business

LyondellBasell Navigates Market Headwinds, Pivots to Circular Economy with Major Recycling Investments

While Q3 earnings reflect challenging market conditions, the chemical giant reports strong North American performance and accelerates its strategic shift, breaking ground on a flagship advanced recycling plant in Germany and planning a larger facility in Houston.

Jan 30, 2026

Business

Gold Rush 2026: Record Prices and Wild Swings Drive Consumers to Buy and Sell

As gold prices soar past $5,400 an ounce before a sharp pullback, a global rush is underway. From Parisian boutiques to Main Street dealers, consumers are capitalizing on heirlooms or diving into the market, driven by geopolitical tensions and economic uncertainty.

Jan 30, 2026

Business

Trump Taps Former Fed Governor Kevin Warsh for Top Central Bank Job

President Trump nominates Kevin Warsh, a former Fed governor with Wall Street ties, to succeed Jerome Powell as Federal Reserve Chair. His confirmation faces scrutiny amid questions over monetary policy direction and the central bank's political independence.

Jan 30, 2026

Business

Krispy Kreme Settles Data Breach Lawsuit for $1.6 Million, Affecting Over 160,000 Employees

The doughnut giant has agreed to a multimillion-dollar settlement following a 2024 cyberattack that compromised personal data of current and former staff, though it admits no fault.

Jan 30, 2026