TF1 Leans on TF1+ Momentum as Ad Market Softens
TF1 Group posted 2025 revenue of €2.297 bn, a 2.5% decline driven by a softening advertising market, especially in Q4. Media division revenue fell 4.5% to €1.921 bn while Studio TF1 grew 9.2% to €376 million. The digital platform TF1+ delivered a 35.8% jump in ad revenue and saw monthly streamers rise to 38 million, peaking at 42 million in October. TF1 also reshaped its portfolio, selling non‑core assets and partnering with Sony Music Publishing.
India Bond Traders Seek Buybacks as Yields Climb Despite Switch
Indian bond traders are pressing the government for buybacks as 10‑year yields climb despite a recent debt‑switch operation. The benchmark 10‑year yield rose to 6.6878%, up about five basis points after the Treasury swapped ₹755 billion of FY27 bonds for longer‑term...
Unilever Earnings: Solid Volume Growth and Margin Expansion; Shares Fairly Valued
Unilever reported fourth‑quarter underlying sales up 4.2% with volume rising 2.1%, and delivered a full‑year operating margin of 20%, outpacing forecasts. Power brands now account for 79% of sales, reflecting a strategic shift toward higher‑margin categories. The company’s focus on...
Most AllianzGI Funds Pass Assessment of Value Test
An independent Assessment of Value test has evaluated Allianz Global Investors' UK fund lineup. The majority of the funds received a positive rating, indicating they deliver good value to investors. A subset were amber‑flagged, meaning they only meet basic value...
Agnico Eagle Posts Record Reserves, Hikes Payout
Agnico Eagle reported record 2025 gold reserves of 55.4 million ounces, a 2.1% rise, while net income surged 135% to $4.46 billion. Production hit 3.45 million ounces, meeting its target, and the company lifted its quarterly dividend to $0.45 per share. Exploration...
European Pulp Prices Climb Amid Ongoing BEK and NBSK Negotiations
European pulp markets are seeing divergent trends as bleached eucalyptus kraft (BEK) prices jumped $120 per tonne for January, while northern bleached softwood kraft (NBSK) only posted modest gains. The BEK surge is driven by supply constraints from Iberian strikes,...
Sebi Eases Reporting Norms for Brokers, Extends Exemptions to Primary Dealers
The Securities and Exchange Board of India (SEBI) released a consultation paper proposing to relax the naming, tagging and reporting requirements for bank and demat accounts held by stockbrokers. The draft aligns primary dealers with the exemptions already granted to...
USD/CAD: Sideways Range with Tariff Risks – Rabobank
Rabobank analysts Molly Schwartz and Christian Lawrence project the USD/CAD pair to remain largely sideways throughout 2026, confined to a 1.36‑1.41 band. The outlook is driven by persistent US‑Canada trade tensions, a looming USMCA review, and a weakening U.S. dollar...
Gainers & Losers: TCS, SpiceJet & Bajaj Finance Among 6 Top Movers on Friday
Indian markets closed sharply lower on Friday, with the Nifty slipping 1.3% to 25,471 and the Sensex dropping 1.25% to 82,627. The sell‑off was led by consumer, IT and energy stocks, as the Nifty IT index fell 1.4% amid heightened...
PNGS Reva Diamond IPO to Hit Dalal Street Soon: Check 5 Key Risks Ahead of the Offer Launch
The PNGS Reva Diamond Limited is set to launch a fresh‑share IPO on Dalal Street valued at roughly ₹380 crore. The issue comprises 0.98 crore new shares priced between ₹367 and ₹386 each, with the bidding period running from February 24 to February 26,...
RenRe’s New Stratos Fund Is a Managed Cat Bond Account for a Single Institutional Investor
RenaissanceRe launched the Stratos Fund, a $260.4 million catastrophe‑bond segregated account managed exclusively for a single institutional investor. The capital was transferred from the co‑mingled Medici cat‑bond strategy, making Stratos a fund‑of‑one rather than a multi‑investor vehicle. It is the second...
Polish Disinflation Continues Despite Upside Surprise in January CPI
Poland’s January flash CPI showed headline inflation at 2.2% YoY, modestly above the 1.9% consensus but still under the NBP’s 2.5% ± 1‑point target. The decline was driven by a 7.1% drop in gasoline prices, while food prices held steady at 2.4%...
OANDA Japan Changes Maximum Open Position Size for XAU/USD
OANDA Japan announced on February 13, 2026 that it is reducing the maximum open position size for the XAU/USD pair from 10,000 units (100 lots) to 3,000 units (30 lots). The broker cited unusually volatile price movements in the precious‑metals...
Senco's Stellar Q3 Topline Growth Driven by Gold Price Rally; Likely to Close FY with ₹8,000 Cr Revenue: MD
Senco Gold & Diamonds reported a 39% same‑store sales surge in Q3, driven primarily by a 65% rally in gold prices over the past year. Despite the topline boost, Q3 volumes slipped 3% YoY and nine‑month volumes fell 10%. EBITDA...
VM Vita Markets and HTFX (EU) Have Their Cyprus Investors Compensation Fund Membership Withdrawn
CySEC announced the withdrawal of Investors Compensation Fund membership for VM Vita Markets Ltd and HTFX (EU) Ltd after revoking their Cyprus Investment Firm licences. The regulator clarified that covered clients retain the right to compensation for transactions executed before...
US Dollar Credit Supply: Primary Market Shows Strong Start to 2026
US dollar primary market began 2026 with robust corporate issuance, totaling $56 bn in January, driven largely by technology, media and telecom (TMT) firms contributing $24 bn. Banks led the financial sector, printing $134 bn of senior non‑preferred bonds, a $20 bn year‑to‑date increase...
Ruto Goes All in on Privatisation Ahead of Kenya Pipeline IPO
Kenya is launching the largest privatisation in decades with the IPO of Kenya Pipeline Company (KPC), seeking to raise 106.3 bn shillings by selling 65% of the monopoly to private investors. The offer, priced at 9 shillings per share, values KPC...
Australia Should Have CBAM on some Commodities: Review
Australia’s latest carbon leakage review recommends a carbon border adjustment mechanism (CBAM), beginning with cement and clinker imports and potentially expanding to hydrogen, steel, ammonia and related products. The review, led by ANU professor Frank Jotzo, evaluated 75 trade‑exposed commodities...
Ordinary Adjustment | DER AKTIONÄR North America Cannabis Select 10 Performance-Index | Effective Date 20th February 2026
The DER AKTIONÄR North America Cannabis Select 10 Performance‑Index announced an ordinary adjustment effective 20 February 2026. The index will add four constituents: Innovative Industrial Proper, Jazz Pharmaceuticals PLC, Scotts Miracle‑A, and Tilray Brands Inc. This change reflects a broader exposure to...
Ola Electric Q3 Results: Loss Narrows YoY to Rs 487 Crore; Revenue Falls 55%
Ola Electric reported a narrower Q3 FY26 loss of Rs 487 crore versus Rs 564 crore a year earlier. Revenue from operations plunged 55% year‑on‑year to Rs 470 crore, driven by a steep decline in automotive sales. Unit deliveries fell to about 32,680, down from 84,029,...
Travel Takes the Lead
Visa’s latest Spending Momentum Index shows travel as the fastest‑growing consumer category in Asia‑Pacific, expanding about 2.5 times faster than overall spend in 2025. Cross‑border card use surged as tourists adopted digital wallets, while affluent consumers generated roughly three‑quarters of...
The Pivot: Unlocking the Central African Republic’s Substantial Resource Frontier
A&S Resources announced strategic contracts to develop a 20 billion‑tonne high‑grade iron ore deposit in the Central African Republic, valued at up to $2.5 trillion in‑situ. The resource, located in the Bangui Anomaly, has been validated by an independent technical report, confirming...
Rupee Closes Nearly Flat, Modest Depreciation Bias Lingers
India’s rupee ended Friday essentially unchanged, closing at 90.6350 per dollar, a slight dip from the prior session. The currency faced pressure from weak domestic equities, elevated interbank dollar demand, and maturing non‑deliverable forward contracts, while the Reserve Bank of...
Invesco Expands Its Sharīʿah Offering with a New ETF on the MSCI ACWI Islamic M-Series on the London Stock Exchange
Invesco has launched the MSCI ACWI Islamic M-Series UCITS ETF (ISIN IE000LFC57H7) on the London Stock Exchange, offering global equity exposure that complies with Shariah principles. The fund tracks the MSCI ACWI Islamic M-Series index using a market‑capitalisation‑based screening methodology...
Correction to Rationale of Premium Hard Coking Coal, Fob Eastern Australian Ports: Pricing Notice
Fastmarkets corrected the pricing rationale for its Premium Hard Coking Coal (PHCC) index FOB eastern Australian ports on 12 Feb 2026. The index fell $2.43 per wmt that day, reflecting limited market activity and the application of fallback measures. A notable trade...
Market Highlights: Sensex Settles 1,048 Pts Lower, Nifty Below 25,500; HUL, Eternal Drop 4% Each
Indian benchmarks tumbled on Friday, with the Sensex shedding 1,048 points and the Nifty slipping below the 25,500 mark. A broad sell‑off was led by the IT index, which fell more than 5% as investors fretted over AI‑driven disruption and...
We’re Trimming Our 2026 Romania Growth Forecast After a Bumpy End to 2025
Romania’s economy entered recession in early 2024 and posted a 1.9% quarterly contraction in Q4 2025, the steepest drop since 2012. Revised data also turned Q1 2025 growth negative, prompting analysts to slash the 2026 GDP outlook from 1.4% to 0.6%. The...
Eutelsat “on Track”, LEO Revenues up 60%
Eutelsat’s mid‑year update highlighted a 60% surge in LEO (OneWeb) revenue, now accounting for more than one‑third of its Connectivity earnings. Overall revenue slipped to €574 million, while the Video division fell 12.3% amid continued Russian sanctions. Fixed Connectivity, Government services...
T-Mobile US Still Winning in Wireless but the Interest Is in Fixed
T‑Mobile US posted 962,000 post‑paid net adds in Q4 2025, keeping it ahead of AT&T and close to Verizon, though slightly below analyst expectations. The carrier’s earnings call, led by new CEO Srini Gopalan, emphasized steady wireless momentum while hinting at...
Japanese Broker Rakuten Securities to Change MT4 Login Method to Enhance Security
Rakuten Securities will overhaul the MetaTrader 4 login process. Beginning Saturday, February 28 2025, the broker will issue random passwords for its MT4, MT4 Securities CFD and MT4 Commodity CFD accounts. After Saturday, February 28 2026, direct MT4 logins will be permanently disabled, requiring traders...
Cameroon Clamps Down on Shadow Fleet as Flag Purge Begins
Cameroon’s ship registry, now Africa’s third‑largest, surged 126% in the past year, largely due to Russian‑linked vessels adopting its flag. The fleet’s average age has risen to 32.7 years, prompting safety concerns after several high‑profile incidents. Under pressure from the EU...
Poland’s Economy Expanded by 4%YoY in the Final Quarter of 2025
Poland’s economy posted a 4.0% year‑on‑year increase in the fourth quarter of 2025, outpacing the 3.8% growth recorded in Q3. Quarterly expansion accelerated to 1.0% from 0.9% in the prior period, driven primarily by a surge in private consumption that...
Turkey’s Current Account Deficit Remains on a Widening Track
Turkey posted a December current‑account deficit of $7.3 bn, well above the $5.3 bn forecast, pushing the 12‑month rolling deficit to $25.2 bn (about 1.8 % of GDP). The gap widened mainly because the trade balance slipped to a $‑7.4 bn deficit and primary‑income balances...
Dollar Rises Against Dong on Black Market
The Vietnamese dollar rose 0.5% on the black market to VND 26,547 per U.S. dollar, while the official Vietcombank rate stayed at VND 26,160. The State Bank of Vietnam trimmed its reference rate marginally to VND 25,049. Globally, the greenback is set for...
Africa's GDP Race Tightens as Economic Interdependence Deepens
Africa’s five largest economies are now separated by razor‑thin margins, with South Africa’s $401.6 bn GDP barely outpacing Egypt’s $399.5 bn. Nigeria remains third at $334.3 bn but its ranking is highly sensitive to exchange‑rate swings. Algeria and Morocco round out the top...
Rates Spark: Dutch Pension Funds May Prepare Early for 2027 Transitions
Almost €1 trillion of Dutch pension assets are slated to transition by 2027, but early hedge rebalancing has already begun. Smaller funds moved interest‑rate hedges in December 2025, while larger players like PMT and PFZW are timing their flows for the first...
Homes for Sale in England for £300,000 or Less – in Pictures
The UK’s national average house price has just breached the £300,000 mark, yet a range of properties remain affordable across the country. A 19th‑century cottage in North Yorkshire sells for £294,000 with an A‑rated EPC, while a Grade II‑listed flat in...
Maran Dry Returns to Newbuilds with Capesize Order at Hengli
Maran Dry, the bulk carrier arm of Angelicoussis Shipping, has placed an order for four new capesize vessels at Hengli Heavy Industry’s Dalian yard, with options that could expand the deal to six ships. This marks the company’s first new‑build...
Singaporeans to Get Nearly $400 in Vouchers, up to $316 in Cash as Cost-of-Living Support
Singapore's 2026 budget introduces a Cost‑of‑Living Special Payment, granting eligible adults up to S$400 cash and providing every household with S$500 in Community Development Council vouchers. The cash payout targets citizens earning up to S$100,000 and owning no more than...
Pascal St-Jean to Assume Role of Coincheck Group CEO
Monex Group announced that Pascal St‑Jean, currently Coincheck’s Chief Growth Officer and CEO of 3iQ Corp, will assume the roles of CEO, President and Executive Director of Coincheck Group effective immediately. Gary Simanson, the incumbent CEO, will resign by March 31, 2026....
Lum Chang Creations Receives SGX Nod for Mainboard Transfer From Catalist
Lum Chang Creations (LCC) received in‑principal approval from the Singapore Exchange to move its listing from the Catalist market to the mainboard. The approval follows a strong first‑half performance, with net profit soaring 104% to S$11 million. LCC, a spin‑off of...
Asia Week Ahead: Key Growth Data From Japan
Japan is set to publish key macro data next week, including Q4 2025 GDP, export figures, and inflation. Analysts forecast a modest 0.3% quarter‑on‑quarter GDP rebound after a 0.6% contraction, driven by recovering construction and strong semiconductor exports. Inflation is expected...
Nigeria Marginal Field Dispute Raises Investor Concerns After Dawes Island Court Ruling
A Federal High Court in Nigeria overturned the 2020 revocation of the Dawes Island marginal field licence, reinstating Eurafric Energy Limited’s rights. The ruling challenges the Ministry of Petroleum Resources’ decision not to renew the licence after a decade of...
MOL Group Enters Libya Offshore in Joint Venture with Repsol and TPAO
MOL Group has secured a 20% stake in Libya’s O7 offshore block through a joint venture with Repsol and Turkey’s TPAO. The block covers over 10,300 sq km in water deeper than 1,500 m, awarded in Libya’s first licensing round in 17 years....
North Sea’s First Methane-Certified ‘Grade A’ Gas Project Launched by ONE-Dyas
ONE‑Dyas has launched the N05‑A development in the Dutch‑German North Sea, becoming the region’s first offshore gas project to earn MiQ Grade A certification for methane emissions. The field, part of the GEMS area, holds up to 50 billion cubic metres of...
Partners Advance Vaca Muerta-Linked Argentina LNG Export Development
YPF, Eni and XRG have signed a binding joint development agreement to move the Argentina LNG project forward, leveraging gas from the Vaca Muerta shale play. The plan calls for two floating LNG units delivering a combined 12 million tonnes per year...
Patriot Lines up Global Copper-Silver Assets for the AI-Driven Surge
Patriot Resources, an ASX‑listed junior, has assembled a global copper‑silver portfolio aimed at capitalising on the AI‑driven data‑centre boom. The company recently secured the high‑grade Tassa silver‑gold project in Peru for $500,000 and is advancing drilling that has returned multiple...
GIWA Estimate for Record Crop Settles on 27.35Mt
The Grain Industry Association of Western Australia (GIWA) announced a record 2025‑26 harvest of 27.35 million tonnes, surpassing its December forecast of 26.55 Mt. Yield gains were driven by adequate July‑August rainfall, mild grain‑fill temperatures, and a 6.8% expansion of total crop...
EMET ETF: Question & Answer>
Metals essential to electrification are seeing demand outpace supply, with copper at the core of grid, transportation, and industrial upgrades. VanEck’s Copper and Green Metals ETF (EMET) offers investors a liquid, diversified way to capture exposure to copper miners, refiners...
Thailand’s Minor International to 'Explore' Hong Kong IPO
Thailand’s Minor International is weighing a Hong Kong IPO for its Minor Food restaurant unit, which could raise more than US$400 million as early as this year. The unit runs 2,699 outlets in 24 countries under 80 brands, including Burger King...