Families of those aboard Malaysia Airlines flight MH370 on Sunday urged the Malaysian government to extend a contract it signed with deep-sea exploration firm Ocean Infinity to continue a search for the aircraft that disappeared 12 years ago. The Boeing 777 was carrying 227 passengers and 12 crew when it vanished en route from Kuala Lumpur to Beijing on 8 March, 2014, becoming one of the world’s e...
Families of those aboard Malaysia Airlines flight MH370 on Sunday urged the Malaysian government to extend a contract it signed with deep-sea exploration firm Ocean Infinity to continue a search for the aircraft that disappeared 12 years ago. The Boeing 777 was carrying 227 passengers and 12 crew when it vanished en route from Kuala Lumpur to Beijing on 8 March, 2014, becoming one of the world’s enduring aviation mysteries. Multiple search operations for the plane have been conducted in the southern Indian Ocean since then but all have proved fruitless. Malaysia in March last year agreed to allow Ocean Infinity to resume the hunt under a “no find, no fee” principle, with the firm to be paid $70m only if the wreckage was successfully located. Malaysia’s Air Accident Investigation Bureau (AAIB) said on Sunday, however, that operations had not yielded any findings so far, after two search phases covering 28 days and about 7,571 sq km (2,923 sq miles) of seabed. Operations were periodically disrupted by weather and sea conditions, with the second phase ending on 23 January, the AAIB said. “The government remains committed to keeping the families informed and will continue to provide updates as appropriate,” it said. Voice370, a group representing families of those onboard, said it was unlikely for Ocean Infinity to resume the search before its contract ends in June, due to the coming winter months in the southern hemisphere and deteriorating sea conditions. It urged the government to grant any request for Ocean Infinity to extend its agreement, as well as expand the same terms to other interested exploration firms. “A simple addendum extending the contract period without altering the core terms of the agreement would allow the search to continue without delay,” it said. Ocean Infinity had conducted prior searches for the plane but failed to find substantive wreckage. Malaysian investigators in a 2018 report drew no conclusion about what happened aboard the flight, but d...
George Russell has won the Australian Grand Prix with a commanding drive from the front of the grid and with his Mercedes teammate Kimi Antonelli in second, securing a strong one-two for the team. He was ultimately in complete control in the first round of the new Formula One season in Melbourne on Sunday but only after Ferrari had brought a thrilling and feisty scrap to the opening stages, with C...
George Russell has won the Australian Grand Prix with a commanding drive from the front of the grid and with his Mercedes teammate Kimi Antonelli in second, securing a strong one-two for the team. He was ultimately in complete control in the first round of the new Formula One season in Melbourne on Sunday but only after Ferrari had brought a thrilling and feisty scrap to the opening stages, with Charles Leclerc and Lewis Hamilton finishing third and fourth for the Scuderia. Defending world champion Lando Norris was fifth for McLaren but there was absolute heartbreak however for the local fans as his teammate, the Melbourne-born Oscar Piastri, crashed out on the formation lap to the grid. The McLaren driver clipped the kerb at turn four and was taken by surprise in how much power he had when hitting the throttle and was spun out into the wall, to a collective gasp of despair across Albert Park – an incident for which he held his hands up as part of the learning curve in how these new cars behave. Max Verstappen delivered a typically determined comeback drive to claim sixth place from 20th on the grid for Red Bull and there was a striking debut for the British rookie Arvid Lindblad who claimed eighth for Racing Bulls, to take points on his F1 debut. Mercedes did confirm their position as early season favourites with Russell taking the flag three-seconds in front of Antonelli with Leclerc a full 15-second back. However it was only after Leclerc and Hamilton made blisteringly good starts, with the Monegasque taking the lead and proving to have the pace to match and scrap with Russell for the opening laps until Mercedes took advantage of an early VSC and with clean air, fresh rubber and no longer in a toe-to-toe fight, were able to make their superior pace tell. Ferrari in turn might rue not at least matching the Mercedes strategy with one of their cars. Coming on the back of an absolutely dominant performance in qualifying, in which Russell was the best part of a second...
Female fund managers in China oversaw a total of 6.8 trillion yuan ($984 billion) in assets as of March 6, Cailian reported on Sunday, citing data from Wind Information Co. The public fund industry employed 1,100 female fund managers, accounting for 27% of the total, said Cailian. Including co-management, assets run by women reached 18.95 trillion yuan, about 51% of total funds under management. I...
Female fund managers in China oversaw a total of 6.8 trillion yuan ($984 billion) in assets as of March 6, Cailian reported on Sunday, citing data from Wind Information Co. The public fund industry employed 1,100 female fund managers, accounting for 27% of the total, said Cailian. Including co-management, assets run by women reached 18.95 trillion yuan, about 51% of total funds under management. In terms of performance, 3,721 funds where women are involved in management — equivalent to 83% of all such portfolios — posted positive returns over the past year. Among them, 129 funds delivered returns of more than 50%, while 20 funds more than doubled, the report said.
takasuu/iStock via Getty Images By Jennifer Nash The S&P 500 finished the week at its lowest close since mid-December. The index finished the week with a loss of -2.0%, its largest in nearly five months, and is now 3.42% off its all-time high from January 27, 2026. Here is a snapshot of the index from the past week: The table below summarizes the number of record highs reached each year dating bac...
takasuu/iStock via Getty Images By Jennifer Nash The S&P 500 finished the week at its lowest close since mid-December. The index finished the week with a loss of -2.0%, its largest in nearly five months, and is now 3.42% off its all-time high from January 27, 2026. Here is a snapshot of the index from the past week: The table below summarizes the number of record highs reached each year dating back to 2013. Here is a snapshot of the index from the past six months with a 50-day moving average: S&P 500: A Perspective on Drawdowns On October 9, 2007, the S&P 500 reached an all-time high, closing the day at 1565.15. Then on March 9, 2009, the index dropped ~57% off of its high from exactly 17 months before, closing the day at 676.53. This time period became known as the Global Financial Crisis. It took over 5 years before the index reached a new all-time high on March 28, 2013, where it closed out at 1569.19. The chart below is a snapshot of record highs and selloffs since the 2007 peak reached on October 9, 2007. What happens if we take out the Global Financial Crisis? Here's a snapshot of the same chart above where the start date has been changed to the trough reached on March 9, 2009. Note the recent selloffs in 2022. Here are a few tables with the number of days of a 1% or greater change in either direction and the number of days of corrections (down 10% or more from the record high). And here is a linear chart of the index since October 9, 2007: Here is a linearly scaled version of the same chart with the 50- and 200-day moving averages. The index has been below the 50-day moving average since February 27th and above the 200-day moving average since May 12th. Additionally, the 50-day moving average has been above the 200-day moving average since July 1st. S&P 500: A Perspective on Volatility For a sense of the correlation between the closing price and intraday volatility, the chart below overlays the S&P 500 since 2007 with the intraday price range. On April 9th, 2...
Guido Mieth/DigitalVision via Getty Images Introduction Back when I first covered NNN REIT, Inc. ( NNN ), I highlighted their strong yield with 36 years of consecutive dividend increases, backed by a strong and resilient portfolio and financials. With a solid report released recently and a record level of acquisitions, NNN should see some revitalized growth in the near term while also standing to ...
Guido Mieth/DigitalVision via Getty Images Introduction Back when I first covered NNN REIT, Inc. ( NNN ), I highlighted their strong yield with 36 years of consecutive dividend increases, backed by a strong and resilient portfolio and financials. With a solid report released recently and a record level of acquisitions, NNN should see some revitalized growth in the near term while also standing to benefit from potential medium- and long-term macro improvements that can support higher prices. Internal Developments NNN REIT, Inc. IR NNN reported a solid Q4 and 2025 as a whole, beating the market’s estimates for the quarter and delivering an AFFO of $647.58 million in 2025, meaning about $3.44 per share compared to $3.35 in 2024, which is not bad given the environment they are facing, being in line with my previous estimate. The company continues to be in a solid position, with an occupancy rate of 98.3% (which is also their 20-year average), a well-diversified portfolio of automotive services (e.g., car washes), convenience stores, restaurants, entertainment, and more, and a geographically diversified asset base that helped them deliver long-term outperformance. NNN REIT, Inc. IR For 2026, NNN’s AFFO per share guidance is in the range of $3.52 to $3.58, meaning a 3.2% increase in 2026 compared to 2.7% in 2025, backed by the record acquisition volume of over $931 million completed in 2025 with an initial cap rate of 7.4% and a strong 17.6-year weighted average lease term. Following this massive boost, they expect a more moderate $550 million to $650 million acquisition volume in 2026, alongside $110 million to $150 million in disposition. I’ll also include this quote from the company’s CEO during their Q4 Earnings Call , as it highlights the company’s strengths and some insights into the near-term future of the industry that can be important for NNN and other investments alike: We've always operated in a highly competitive environment. There's always been competition. J...