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Real-time News
Investment bank DA Davidson raised its price target for Crowdstrike from $191.25 to $245.On August 27th, Mixue Group (02097.HK) announced that, based on the accumulated undistributed profits as of June 30, 2026, the Board has resolved to recommend a special dividend of RMB2.65 per share to shareholders on or around November 6, 2026. Based on the total number of issued shares of the Company as of the date of this announcement, the total amount of the special dividend is expected to be approximately RMB1.006 billion.August 27th - According to the Financial Times, EU countries including Sweden, the Netherlands, Spain, and Poland are urging the EU to restart efforts to use frozen Russian sovereign assets to fund Ukraine in response to concerns that Kyiv is facing another financing crisis. Previously, the EU planned to use over €200 billion in frozen Russian central bank assets within the EU to fund Ukraine, but this plan failed last winter when Belgium, which holds the majority of these assets, blocked the initiative. Sources indicate that a coalition of countries will send a letter to the European Commission calling on EU executive bodies to restart research on the proposed solution and requesting clarification on whether alternative legal and technical frameworks have been developed to circumvent Belgiums veto. The letter is expected to be sent on Thursday.On August 27th, according to the Financial Times, Israel is considering expelling British and other European officials from the US-led Gaza Reconciliation Center in retaliation for their criticism of the Netanyahu governments policies on Palestinian territories. Sources indicate that the Israeli government has discussed expelling Britain from the International Gaza Support Center (IGSC) in recent weeks. This center is a multinational coordination headquarters established to monitor the US-brokered ceasefire agreement between Israel and Hamas. Israel has also considered similar measures against Italy and Germany. Headquartered in southern Israel, the IGSC is led by US military officials who work with the Israel Defense Forces and dozens of military and diplomatic officials from approximately 50 countries and international organizations. Israeli Foreign Minister Saar announced this week the expulsion of the Dutch representative from the center because the Netherlands decided to boycott products from Israeli settlements in the occupied West Bank, East Jerusalem, and the Golan Heights. Israel also expelled the Spanish representative from the IGSC this year, citing "persistent anti-Israel bias."On August 27th, Qantas Group released its 2026 fiscal year annual report, showing that its after-tax profit fell by nearly 20% year-on-year due to increased fuel costs driven by the Middle East conflict. The report showed that for the fiscal year ending June 30th, the groups pre-tax profit was A$2.06 billion (approximately US$1.40), a decrease of 13.8% year-on-year; after-tax profit was A$1.29 billion, a decrease of over 19% year-on-year. Qantas Group CEO Vanessa Hudson said that the groups fuel costs increased by A$610 million in the fiscal year due to higher fuel prices caused by the Middle East conflict.
