Core Insights - The launch of the "Sanya-Prague" route marks China's first seventh-freedom passenger route, enhancing international air transport openness [1][3] - The new route aims to provide European travelers with a more direct and convenient travel option, potentially increasing international tourist traffic to Sanya [4] - Sanya's international aviation network has expanded significantly, with 41 international and regional routes now connecting 32 cities globally [4] Aviation Industry Impact - The introduction of the seventh-freedom route is a result of China's open policies in international air transport and the benefits from the Hainan Free Trade Port [3] - Sanya Phoenix International Airport has seen a record of over 21.849 million passenger trips, with international passenger volume increasing by 46.6% year-on-year [4] Economic and Market Development - The enhanced transportation accessibility has stimulated market vitality, leading to nearly 1,000 new business entities in sectors like tourism and high-tech industries since the Hainan Free Trade Port's special customs operations began [5] - During the first week of special customs operations, duty-free sales in Sanya reached 736 million yuan, a year-on-year increase of 48.2%, with tourist trips totaling 635,000, up 19% year-on-year [6]

Public sector banks’ (PSBs’) employee count grew for the first time in five years while private sector banks’ staff strength saw a decline in 2024-25 (FY25), according to latest data released by the Reserve Bank of India (RBI).Image used for representational purpose only. Photograph: Ajay Verma/ReutersThe employee count of state-owned lenders rose 0.22 per cent year-on-year (Y-o-Y) to 757,641 at the end of March 31, 2025 from 756,015 in FY24.On the other hand, private banks recorded a 0.86 per cent drop in ...

Core Viewpoint - The article discusses the role of Nancy Curtin, chief investment officer at A1Ti Tiedemann Global, in guiding wealthy families towards long-term investments, emphasizing the impact of an "innovation bull market" on investment strategies [1] Group 1 - Nancy Curtin is focused on helping wealthy families invest for the long term [1] - The current market environment is characterized as an "innovation bull market," which is beneficial for investment strategies [1]

The rupee was quoting at 89.8650 per U.S. dollar at 10 a.m. IST on Wednesday, marking a 4.74% decline for the year, its worst showing since 2022 when it dropped nearly 10%. The currency repeatedly fell to record lows during the year, slipping past the ‌91 level at ‌one point, highlighting the sustained depreciation pressure. "The rupee's performance this year was largely a capital-flow story, with the RBI adopting a more pragmatic and flexible approach to the exchange ‌rate and allowing the currency to we ...

Core Viewpoint - Orosur Mining Inc. has announced the admission of 666,664 common shares following the exercise of options by consultants, bringing the total number of common shares issued to 392,689,176 [1] Group 1 - The company operates as a minerals explorer and developer with projects located in Colombia and Argentina [1] - The admission of shares occurred on December 16, 2025, as part of a previously announced exercise of options [1] - No warrants were exercised during December, resulting in no additional common shares being issued from the company's block listing [1]

Group 1 - The Company has 168,498,967 ordinary shares of 1 pence each in issue as of December 31, 2025 [1] - None of the shares are held in treasury, indicating all shares are available for trading [1] - The total number of voting rights in the Company is equal to the number of shares issued, which is 168,498,967 [1]

Core Viewpoint - Tonner Drones has signed a contract to sell part of its shareholding in Donecle for approximately €1.25 million, aiming to maintain a 5% stake in the company due to positive future expectations [1][2]. Group 1: Financial Impact - The sale will result in a book gain for Tonner Drones, strengthening its equity position [1]. - Donecle's current book value is reported to be less than €20,000 in Tonner Drones' financial statements [1]. Group 2: Strategic Outlook - The transaction is seen as a step forward in the development of Tonner Drones and enhances its financial position [2]. - The company maintains a positive outlook for its assets, including Donecle, Elistair, and Diodon, particularly in the context of the current dynamics in the drone sector [2]. - Tonner Drones plans to focus on further growth and profitability in 2026 [2]. Group 3: Company Profile - Tonner Drones develops technologies for the logistics sector and holds stakes in promising French drone manufacturers [3]. - The company's strategy involves increasing the value of its shareholdings through active asset management and generating additional revenues from patents [3]. - Tonner Drones does not intend to own a factory but is committed to retaining R&D in France [3].

Core Viewpoint - The media and telecom sectors have experienced significant events over the past year, including tariff threats and megamergers, indicating a dynamic landscape that is expected to continue into the next year [1] Group 1 - The year has been marked by notable developments in media and telecom stocks, suggesting a volatile market environment [1] - Anticipation for further changes and events in the upcoming year is high, reflecting ongoing transformations within the industry [1]

Core Viewpoint - Bagmane Prime Office REIT, backed by Blackstone and Bagmane Group, is set to launch an IPO worth ₹4,000 crore, consisting of a fresh issue and an offer for sale [1] Group 1: IPO Details - The IPO will include a fresh issue of ₹3,000 crore and an offer for sale (OFS) component of ₹1,000 crore [1] - The net proceeds from the IPO will be used to acquire Luxor at Bagmane Capital Tech Park for ₹1,775 crore and to partially fund the acquisition of a 93% stake in Bagmane Rio for up to ₹1,025 crore [2] Group 2: Portfolio and Occupancy - Bagmane Office REIT has a portfolio of six premium Grade A+ business parks totaling 20.3 million sq ft, with 16.1 million sq ft completed and 0.7 million sq ft of two under-construction hotels [3] - As of June 30, 2025, the portfolio boasts a committed occupancy rate of 97.9% [3] Group 3: Tenants and Asset Value - The REIT features prominent tenants such as Google, Amazon, and Nvidia, with 95.8% of the 6.3 million sq ft leased to existing tenants between April 2022 and June 2025 [4] - The gross asset value (GAV) of the REIT is ₹38,790 crore as of June 30, 2025 [4] Group 4: Market Context - The Indian REIT market is experiencing growth, with the sector expanding rapidly since the first listing in 2019, outperforming peers in Singapore, Japan, and Hong Kong with a five-year annualized price return of over 8.9% [5] - Another Blackstone-backed entity, Horizon Industrial Parks, has also filed for a ₹2,600 crore IPO [6]

Core Insights - Tetragon has released its Monthly Factsheet for November 2025, providing updates on its financial performance and key metrics [1]. Company Overview - Tetragon is a Guernsey closed-ended investment company, with non-voting shares listed on Euronext in Amsterdam and traded on the Specialist Fund Segment of the London Stock Exchange [3]. - The investment manager for Tetragon is Tetragon Financial Management LP [3]. Financial Performance - The Net Asset Value (NAV) of Tetragon is reported at $3,877 million [5]. - The Fully Diluted NAV per Share stands at $41.85 [5]. - The current share price (TFG NA) is $18.35 [5]. - The Monthly NAV per Share Total Return is -0.6% [5]. - The Monthly Return on Equity is -0.2% [5]. - The most recent quarterly dividend is $0.11, resulting in a dividend yield of 2.4% [5].