The US military said it killed six men on Sunday in a strike on an alleged drug-smuggling vessel in the eastern Pacific Ocean as part of the Trump administration’s campaign against alleged traffickers. Sunday’s attack brought the death toll to at least 157 people since the administration began targeting so-called “narcoterrorists” in small vessels in September. As with most of the military’s state...
The US military said it killed six men on Sunday in a strike on an alleged drug-smuggling vessel in the eastern Pacific Ocean as part of the Trump administration’s campaign against alleged traffickers. Sunday’s attack brought the death toll to at least 157 people since the administration began targeting so-called “narcoterrorists” in small vessels in September. As with most of the military’s statements on the more than 40 known strikes in the Eastern Pacific Ocean and Caribbean Sea, US Southern Command said it targeted alleged drug traffickers along known smuggling routes. The military did not provide evidence that the vessel was ferrying drugs. It posted a video on X that showed a small boat being blown up as it floated on the water. Donald Trump has said the US is in “armed conflict” with cartels in Latin America and has justified the attacks as a necessary escalation to stem the flow of drugs into the US. But his administration has offered little evidence to support its claims of killing “narcoterrorists”. In a meeting with Latin American leaders on Saturday, Trump encouraged them to join the US in taking military action against drug-trafficking cartels and transnational gangs, which he said pose an “unacceptable threat” to the region’s national security. To that end, Ecuador and the US conducted military operations this past week against organised crime groups in the South American country. With Saturday’s gathering, Trump aimed to demonstrate that he remains committed to focusing US foreign policy on the western hemisphere, even while waging a war on Iran. Critics have questioned the overall legality of the boat strikes as well as their effectiveness, in part because the fentanyl behind many fatal overdoses is typically trafficked to the US over land from Mexico, where it is produced with chemicals imported from China and India. The boat strikes also drew intense criticism following the revelation that the military killed survivors of the very first boat attack...
BYD unveiled its second-generation Blade Battery on Friday. Photo: VCG After a six-year gap, BYD Co. Ltd. unveiled its second-generation Blade Battery and compatible flash-charging technology on Friday, promising to power up an electric vehicle (EV) from 10% to 97% in under nine minutes to rival the refueling speed of gasoline cars. The move comes as the EV industry attempts to overcome the range ...
BYD unveiled its second-generation Blade Battery on Friday. Photo: VCG After a six-year gap, BYD Co. Ltd. unveiled its second-generation Blade Battery and compatible flash-charging technology on Friday, promising to power up an electric vehicle (EV) from 10% to 97% in under nine minutes to rival the refueling speed of gasoline cars. The move comes as the EV industry attempts to overcome the range anxiety that continues to deter Chinese car buyers from switching to EVs, pitting BYD’s ultra-fast charging strategy directly against the battery-swapping models championed by rivals like Nio Inc. and Contemporary Amperex Technology Co. Ltd.
A gauge of fear in Japanese stock markets has surged to the highest level since the Covid crisis in 2020 as a sharp spike in oil prices dampens optimism about the country’s economic outlook and corporate earnings. The one-year implied volatility of the Nikkei 225 Average shot up to over 30 points on Monday, the highest level since March 2020, when the global financial markets had seized up after t...
A gauge of fear in Japanese stock markets has surged to the highest level since the Covid crisis in 2020 as a sharp spike in oil prices dampens optimism about the country’s economic outlook and corporate earnings. The one-year implied volatility of the Nikkei 225 Average shot up to over 30 points on Monday, the highest level since March 2020, when the global financial markets had seized up after the Covid pandemic spread worldwide. The gauge, which measures the magnitude of price swings investors expect over the next year, has surpassed its recent peaks of around 28 points, reached in April 2025 after the US tariff shock and in September 2024 after the Bank of Japan’s rate hike. Another widely watched gauge, the Nikkei Volatility Index , which reflects investors expectations for market swings over the coming month, also shot up to 66 points, a level not seen since August 2024. The Nikkei also tumbled 7.6% on Monday morning to two-month lows, as the U.S.-Israel war on Iran showed no signs of abating. The selloff came as a shock to investors who had been bullish on Japan for a range of reasons — from Japanese Prime Minister Sanae Takaichi’s pro-stimulus policy stance to support from corporate governance reforms. “Implied volatilities on far out-of-the-money puts are rising sharply on increased demand for hedging against steep declines in share prices,” said Hiroki Takei , strategist at Resona Holdings. Investors are scrambling to buy put options, as their prices gain when the underlying asset prices fall. The surge in one-year volatilities suggests investors are now bracing for a prolonged period of elevated turbulence. Japan’s economy is considered particularly vulnerable to higher oil prices, as the country relies heavily on energy imports, a significant portion of which transits via the Strait of Hormuz. Implied volatilities on Japanese stocks have been notably higher since Prime Minister Sanae Takaichi took office in October, as her stance of aggressive fiscal spe...
(RTTNews) - Santos Ltd. (STOSF.PK, SSLTY.PK, STO.AX) and its joint venture partner Beach Energy have taken a final investment decision to proceed with the Moomba Central Optimization (MCO) project in the Cooper Basin, South Australia. Santos will invest $357 million (net Santos) in the project, which is planned to be delivered over three years. The company has fully budgeted this capital expenditu...
(RTTNews) - Santos Ltd. (STOSF.PK, SSLTY.PK, STO.AX) and its joint venture partner Beach Energy have taken a final investment decision to proceed with the Moomba Central Optimization (MCO) project in the Cooper Basin, South Australia. Santos will invest $357 million (net Santos) in the project, which is planned to be delivered over three years. The company has fully budgeted this capital expenditure and will remain within its $45-50/bbl all-in free cash flow breakeven target, the Oil and gas producer said in a statement. The MCO project will replace seven ageing gas-driven compressor stations with a single electric-driven compressor station. This upgrade will debottleneck upstream infrastructure and unlock future production growth from the Cooper Basin Central Fields. At the Moomba Gas Plant, new inlet compression and additional power generation capacity will be installed to receive gas and power the upstream satellite. The project is expected to deliver strong economics, with key metrics meeting or exceeding Santos' hurdle rates. It targets more than $600 million in capex and opex savings (net Santos) over the life of the Central Fields, a reduction in unit production costs of up to $3 per boe, and an estimated internal rate of return (IRR) of greater than 15 per cent. The Central Fields contain more than half of the remaining 2P reserves in the Cooper Basin and are characterized by higher productivity wells. The MCO project is designed to unlock the full productivity of these fields, with an IRR greater than 25 per cent expected from full-field development enabled by the project. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
narvo vexar/iStock via Getty Images As oil surged past $115 per barrel after the war escalated over the weekend, it triggered a broad market rout. Most Asian economies extended their declines after markets had already closed lower last week. Brent crude jumped as much as 26% to about $117 a barrel, while U.S. benchmark West Texas Intermediate rose as much as 29%. The rally follows output reduction...
narvo vexar/iStock via Getty Images As oil surged past $115 per barrel after the war escalated over the weekend, it triggered a broad market rout. Most Asian economies extended their declines after markets had already closed lower last week. Brent crude jumped as much as 26% to about $117 a barrel, while U.S. benchmark West Texas Intermediate rose as much as 29%. The rally follows output reductions by several producers and the continued closure of the Strait of Hormuz, a critical shipping channel that normally carries roughly one-fifth of the world’s oil. South Korea’s KOSPI Composite Index ( KOSPI ) triggered a circuit breaker on Monday after plunging more than 8% in morning trading, leading the broader market rout and marking its second halt in four sessions. Japan’s Nikkei 225 ( NKY:IND ) fell another 7.4% to 51,500 after dropping 5.5% last week. Australia’s S&P/ASX 200 ( AS51 ) declined 4.2%, following a 3.8% slide the previous week. Hong Kong’s Hang Seng Index ( HSI ) also dropped more than 3% after losing 3.3% last week, while mainland China’s CSI 300 Index ( SHCOMP ) was down a more modest 1.3%, after slipping 0.93% last week. European markets are also set to open lower, as indicated by futures. London’s FTSE 100 Index is pointing to a 1.4% decline after falling 5.7% last week. Germany’s DAX Index is down another 3.2% following a 6.7% drop last week, while France’s CAC 40 Index is lower by about 0.66%. This is a developing story... More on global markets Did South Korea Just Pop The AI Bubble? Why Japan's Nikkei 225 Can Stage A Minor Recovery After Its 4-Day Plunge Forget Iran, South Korea Is The Real Threat To Markets European indexes gain as oil market rally takes a breather Asian stocks trade mixed but face steep weekly losses as the Iran-Israel-US conflict hits its one-week mark
(RTTNews) - Asian stock markets are tumbling on Monday, following the broadly negative cues from Wall Street on Friday, as traders remain cautious and concerned about the fallout of the intensifying conflict in the Middle East in to the tenth day . Israel intensified air strikes on Iran, while the U.S. said its attacks on Iran are going to "surge dramatically." Asian markets closed mixed on Friday...
(RTTNews) - Asian stock markets are tumbling on Monday, following the broadly negative cues from Wall Street on Friday, as traders remain cautious and concerned about the fallout of the intensifying conflict in the Middle East in to the tenth day . Israel intensified air strikes on Iran, while the U.S. said its attacks on Iran are going to "surge dramatically." Asian markets closed mixed on Friday. Crude oil has skyrocketed over the past week as the U.S.-Iran conflict spreads across the Middle East and swelled outwards to Cyprus, Sri Lanka, Turkey and Azerbaijan, leading to concerns about a global energy crisis as well as the outlook for trade, prices and investment. The Australian stock market is sharply lower on Monday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is tumbling more than 4 percent to below the 8,500.00 level, with weakness across most sectors led by financial, mining and technology stocks amid concerns about the military conflict in the Middle-East. Energy stocks are the only bright spot amid spiking crude oil prices. The benchmark S&P/ASX 200 Index is losing 374.00 points or 4.23 percent to 8,477.00, after hitting a low of 8,457.20 earlier. The broader All Ordinaries Index is down 385.10 points or 4.24 percent to 8,700.00. Australian stocks closed significantly lower on Friday. Among the major miners, Mineral Resources is tumbling almost 6 percent, Rio Tinto is declining more than 5 percent, Fortescue is losing more than 3 percent and BHP Group is sliding more than 6 percent. Oil stocks are mostly higher. Beach energy is gaining almost 2 percent, Woodside Energy is adding almost 1 percent and Santos is advancing almost 3 percent, while Origin Energy is losing almost 2 percent. Among tech stocks, Afterpay owner Block and Xero are declining more than 5 percent each, while WiseTech Global is losing more than 4 percent, Appen is slipping more than 7 ...
Business intelligence platform Domo DOMO will be announcing earnings results this Tuesday after the bell. Here’s what to look for. Domo met analysts’ revenue expectations last quarter, reporting revenues of $79.4 million, flat year on year. It was a satisfactory quarter for the company, with EPS guidance for next quarter exceeding analysts’ expectations but a significant miss of analysts’ billings...
Business intelligence platform Domo DOMO will be announcing earnings results this Tuesday after the bell. Here’s what to look for. Domo met analysts’ revenue expectations last quarter, reporting revenues of $79.4 million, flat year on year. It was a satisfactory quarter for the company, with EPS guidance for next quarter exceeding analysts’ expectations but a significant miss of analysts’ billings estimates. Is Domo a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Domo’s revenue to be flat year on year, improving from the 1.8% decrease it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Domo has a history of exceeding Wall Street’s expectations. Looking at Domo’s peers in the data analytics segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Palantir Technologies delivered year-on-year revenue growth of 70%, beating analysts’ expectations by 4.9%, and Strategy reported revenues up 1.9%, topping estimates by 0.6%. Palantir Technologies traded up 6.8% following the results while Strategy was also up 26.1%. Read our full analysis of Palantir Technologies’s results here and Strategy’s results here. There has been positive sentiment among investors in the data analytics segment, with share prices up 2.7% on average over the last month. Domo is down 16.3% during the same time and is heading into earnings with an average analyst price target of $11.08 (compared to the current share price of $4.37).
Most youngsters are very digitally savvy, she said, using VPNs (virtual private networks) or other tools to trick sites into thinking they are logging on from another country. Using a parent's credit card or ID would also be a fairly easy way to get around the rules.
Most youngsters are very digitally savvy, she said, using VPNs (virtual private networks) or other tools to trick sites into thinking they are logging on from another country. Using a parent's credit card or ID would also be a fairly easy way to get around the rules.