Clad in tactical gear with a helmet and hurling a tear-gas canister at protesters, Border Patrol commander Gregory Bovino has become the public face of US President Donald Trump’s aggressive deportation campaign. Bovino’s public profile rose further in recent days as he defended violent immigration sweeps in Minneapolis, which culminated Saturday with federal agents fatally shooting 37-year-old IC...
Clad in tactical gear with a helmet and hurling a tear-gas canister at protesters, Border Patrol commander Gregory Bovino has become the public face of US President Donald Trump’s aggressive deportation campaign. Bovino’s public profile rose further in recent days as he defended violent immigration sweeps in Minneapolis, which culminated Saturday with federal agents fatally shooting 37-year-old ICU nurse Alex Pretti, the second citizen to be killed in the heavily Democratic northern city in several weeks. The Trump administration swiftly accused Pretti of seeking to harm immigration agents, saying he was in possession of a pistol, despite footage from the scene showing that Pretti never drew a weapon, as agents fired multiple shots after throwing him to the ground. Advertisement Bovino doubled down, saying it was the agents, not Pretti, who were the victims in the confrontation. Greg Bovino accompanied by federal agents at a petrol station. Photo: Reuters “The fact that they’re highly trained prevented any specific shootings of law enforcement, so good job for our law enforcement in taking him down before he was able to do that,” Bovino told CNN’s State of the Union on Sunday.
Israel launches 'large-scale operation' to locate last hostage in Gaza toggle caption Leo Correa/AP NAHARIYA, Israel — Israel said Sunday its military was conducting a "large-scale operation" to locate the last hostage in Gaza, as Washington and other mediators pressure Israel and Hamas to move into the next phase of their ceasefire. The statement came as Israel's Cabinet met to discuss the possib...
Israel launches 'large-scale operation' to locate last hostage in Gaza toggle caption Leo Correa/AP NAHARIYA, Israel — Israel said Sunday its military was conducting a "large-scale operation" to locate the last hostage in Gaza, as Washington and other mediators pressure Israel and Hamas to move into the next phase of their ceasefire. The statement came as Israel's Cabinet met to discuss the possibility of opening Gaza's key Rafah border crossing with Egypt, and a day after top U.S. envoys met with Prime Minister Benjamin Netanyahu about next steps. The return of the remaining hostage, Ran Gvili, has been widely seen as removing the remaining obstacle to moving ahead with opening the Rafah crossing and proceeding with the U.S.-brokered ceasefire's second phase. Late Sunday, Netanyahu's office in a statement said: "Upon completion of this operations, and in accordance with what has been agreed upon with the United States, Israel will open the Rafah crossing." It gave no details on how long that would be, but Israeli military officials were quoted in local media as saying the operation could take days to complete. Sponsor Message The return of all remaining hostages, alive or dead, has been a central part of the first phase of the ceasefire that took effect on Oct. 10. Before Sunday, the previous hostage was recovered in early December. While Israel has carried out search efforts before for Gvili, more detail than usual was released about this one. Israel's military said it was searching a cemetery in northern Gaza near the Yellow Line, which marks off Israeli-controlled parts of the territory. Separately, an Israeli military official said Gvili may have been buried in the Shijaiya-Tuffah area of Gaza City, and that rabbis and dental experts were on the ground with specialized search teams. The official spoke on condition of anonymity because they were discussing an operation still under way. Gvili's family has urged Netanyahu's government not to enter the ceasefire's ...
Hong Kong will double the supply of yuan available for banks to borrow, in the latest step to meet growing demand and help China boost the global use of its currency. The total size of the so-called RMB Business Facility in the city will rise to 200 billion yuan ($28.8 billion), with effect from Feb. 2, the Hong Kong Monetary Authority announced Monday. The program allows banks to receive loans of...
Hong Kong will double the supply of yuan available for banks to borrow, in the latest step to meet growing demand and help China boost the global use of its currency. The total size of the so-called RMB Business Facility in the city will rise to 200 billion yuan ($28.8 billion), with effect from Feb. 2, the Hong Kong Monetary Authority announced Monday. The program allows banks to receive loans of up to one year from the de facto central bank, using the Shanghai Interbank Offered Rate as the pricing benchmark. The facility has received “overwhelming response” from the banking sector since its launch in October 2025, with existing quota fully allocated to 40 participating banks, the HKMA said in a statement. It has not only served local corporate needs but also channeled yuan funds to regions such as Southeast Asia, the Middle East and Europe, it added. Global appetite for funding in the yuan, whose borrowing costs are cheaper than those in the dollar and euro, has increased in recent years. The expanded program would help Hong Kong strengthen its role as a leading offshore yuan hub and aid Chinese authorities’ efforts to internationalize its currency at a time of waning confidence in the dollar. The announcement “comes much sooner than expected, indicating stronger-than-expected demand for yuan liquidity in the offshore market” as lower interest rates made the yuan a much more attractive funding currency, said Becky Liu , head of China macro strategy at Standard Chartered Bank Plc. Outstanding yuan loans issued by China’s onshore banks to overseas entities rose to a record of 2.52 trillion yuan as of the end of 2025, up from 979 billion yuan as of end-2022, data compiled by Bloomberg show. The RBF is a replacement of an original yuan-funding facility launched in February 2025 to support trade finance , with its use broadened to include corporates’ intra-group funding activities and loans for capital expenditure. The HKMA has access to an 800 billion yuan currency sw...
(RTTNews) - HD Hyundai Electric Co., Ltd. (267260.KS) reported that its fiscal year net income was 731.8 billion Korean won compared to 498.4 billion won, an increase of 46.83% from last year. Net income from continuing operation before income tax was 956.4 billion won, compared to 650.1 billion won, up 47.12%. Operating income was 995.3 billion won compared to 669.0 billion won, up 48.78%. Fiscal...
(RTTNews) - HD Hyundai Electric Co., Ltd. (267260.KS) reported that its fiscal year net income was 731.8 billion Korean won compared to 498.4 billion won, an increase of 46.83% from last year. Net income from continuing operation before income tax was 956.4 billion won, compared to 650.1 billion won, up 47.12%. Operating income was 995.3 billion won compared to 669.0 billion won, up 48.78%. Fiscal year sales were 4.08 trillion won compared to 3.32 trillion won, an increase of 22.79% from prior year. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Global hedge fund assets have hit an all-time high of almost $5.2 trillion after investors poured more money into the industry last year than at any other time since before the Global Financial Crisis. Hedge funds' coffers swelled by a record $642.8 billion in 2025, driven by a mix of strong capital inflows from investors and positive investment performances, according to new data published by ind...
Global hedge fund assets have hit an all-time high of almost $5.2 trillion after investors poured more money into the industry last year than at any other time since before the Global Financial Crisis. Hedge funds' coffers swelled by a record $642.8 billion in 2025, driven by a mix of strong capital inflows from investors and positive investment performances, according to new data published by industry tracker Hedge Fund Research. Investors added $115.8 billion in net new capital to the sector last year, the biggest since 2007's $194.5 billion, as client subscriptions outweighed withdrawals. At the same time, the industry's 12.6% annual return, its best showing since 2009, translated into performance gains of $527 billion. Overall, the most favored strategy type among investors was long/short equity, in which managers aim to profit from both rising and falling stocks, which drew $48.6 billion in net new money last year. HFR analysis suggests that appetite for hedge funds is rebounding after a tricky time for the industry. Investors have pushed back on lofty management and performance fees in recent years, as alpha generation has been hard to achieve during rising markets, resulting in patchy returns for the industry as a whole. But highlighting hedge funds' "successful navigation of volatility" last year, HFR president Kenneth Heinz said investment uncertainty is likely to be "the dominant theme" for 2026, which could tempt more capital back to the industry. As global markets regain ground following last week's tariff-related turbulence, Man Group, the world's largest publicly traded hedge fund and alternative assets firm, said conditions are now "ripe for alpha generation" in single-stock names rather than broader thematic bets. In a note, the $214 billion London-based company upgraded three hedge fund strategies — long-biased equity long/short, market-neutral equity long/short and merger arbitrage — from neutral to positive. Adam Singleton, chief investment office...
Key Points Anyone with a retirement account that’s subject to required distributions can already determine this year’s minimum withdrawal. Just because this dollar figure is etched in stone, however, doesn’t mean the timing of this withdrawal is irrelevant. If an asset or investment must be sold to turn an RMD into spendable retirement income, investors should aim to avoid locking in subpar exit p...
Key Points Anyone with a retirement account that’s subject to required distributions can already determine this year’s minimum withdrawal. Just because this dollar figure is etched in stone, however, doesn’t mean the timing of this withdrawal is irrelevant. If an asset or investment must be sold to turn an RMD into spendable retirement income, investors should aim to avoid locking in subpar exit prices. The $23,760 Social Security bonus most retirees completely overlook › With 2025 shrinking in the rearview mirror as we move well into 2026, a few retirees may be getting antsy. Namely, anyone that will be 73 years old or older at any point this year may have an itch to get their required minimum distribution from a retirement account out of the way so they can focus on other things. And for some of these older investors, taking care of this business now will result in the exact same outcome as it would by doing it at a later date. For most retirees though, the timing of your RMD can make at least a small difference to your long-term bottom line. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » With that as the backdrop, here are a few things to consider regarding when during the year it makes the most sense to take your required minimum distribution. But first things first... what's an RMD? What are required minimum distributions, or RMDs? If you're not familiar with them, just as their name suggests, required minimum distributions are annual withdrawals from non-Roth retirement accounts that the IRS requires beginning in the year you turn 73. (Since withdrawals from Roth IRAs generally aren't taxable, they're not subject to RMDs.) The size of your required withdrawal depends on your age and the amount of money you've got tucked away in retirement accounts that are subject to RMDs -- the older you are, the bigger your required distribution is as a percentage of your individual retir...
Tesla's revenues from the Energy Generation and Storage business are on a robust growth trajectory on the back of the strong reception of its Megapack and Powerwall products. In the fourth quarter, Tesla introduced a new U.S. leasing option for solar plus Powerwall, offering customers stable energy costs instead of rising utility bills. The program features lower monthly payments than loans, a ful...
Tesla's revenues from the Energy Generation and Storage business are on a robust growth trajectory on the back of the strong reception of its Megapack and Powerwall products. In the fourth quarter, Tesla introduced a new U.S. leasing option for solar plus Powerwall, offering customers stable energy costs instead of rising utility bills. The program features lower monthly payments than loans, a full-term system availability guarantee and a buyout option after five years. This plan is expected to have boosted demand for Tesla’s residential energy products. Energy Generation and Storage revenues came in at $3.4 billion in the third quarter of 2025, which rose 44% year over year and beat our estimate of $2.9 billion. Notably, energy storage deployments came in at 12.5 GWh. Total automotive revenues of $21.2 billion were up 6% year over year and topped our estimate of $18.86 billion. The reported figure also included $417 million from the sale of regulatory credits for electric vehicles, which decreased 43.6% year over year. Automotive sales, excluding revenues from leasing and regulatory credits, totaled $20.4 billion, which surpassed our projection of $18 billion on higher-than-expected deliveries. Tesla’s third-quarter production totaled 447,450 units (435,826 Model 3/Y and 11,624 other models), which declined 5% year over year and missed our estimate of 451,948 units. The company delivered 497,099 cars (481,166 Model 3/Y and 15,933 other models) worldwide in the fourth quarter, setting a new record. The figure rose 7.4% from the year-ago quarter, after three consecutive quarters of year-over-year decline. The Model 3/Y registered deliveries of 481,166 vehicles, which rose 9% year over year and topped our expectations of 416,456 units. TSLA missed earnings estimates in three of the trailing four quarters and missed once, the average negative surprise being 11.10%. Tesla is slated to release fourth-quarter 2025 results on Jan. 28, after the closing bell. The company’s ...
Good morning . Andy Burnham is barred from standing as an MP. Gold rises to $5,000. And Saudi Arabia’s sports hub ambitions are dealt a major blow. Listen to the day’s top stories . The UK’s Labour Party barred Greater Manchester Mayor Andy Burnham from contesting a seat in Parliament, stymieing a possible leadership challenge against Prime Minister Keir Starmer. Starmer told a panel of the party’...
Good morning . Andy Burnham is barred from standing as an MP. Gold rises to $5,000. And Saudi Arabia’s sports hub ambitions are dealt a major blow. Listen to the day’s top stories . The UK’s Labour Party barred Greater Manchester Mayor Andy Burnham from contesting a seat in Parliament, stymieing a possible leadership challenge against Prime Minister Keir Starmer. Starmer told a panel of the party’s National Executive Committee on Sunday that Burnham standing would trigger months of “psychodrama” that would badly damage Labour ahead of a set of local elections in May, according to people familiar. Gold rose beyond $5,000 an ounce for the first time , extending a breakneck rally. The yen extended its gain on Monday as traders started the week on heightened alert for Japan intervening in the market, with the dollar dropping against most of its major peers. Check out our Markets Today live blog for all the latest news and analysis relevant to UK assets. An Expert’s Guide to Building a Perfect Investment Portfolio Is the conventional 60/40 portfolio still a reliable way to grow your money? We speak with Cullen Roche, the founder and CIO of Discipline Funds and the author of the new book, Your Perfect Portfolio: The ultimate guide to using the world's most powerful investing strategies. Watch the Video Volkswagen won’t go ahead with a planned Audi factory in the US unless automotive tariffs are reduced , Chief Executive Officer Oliver Blume told Germany’s Handelsblatt newspaper. Audi has been weighing an American manufacturing site since 2023, initially encouraged by subsidies that would have made such an investment economically viable. That calculus has shifted as the Trump administration placed tariffs on European carmakers, which Blume said cost VW €2.1 billion in the first nine months of 2025. Ukrainian President Volodymyr Zelenskiy said progress had been made during talks aimed at ironing out the possible parameters for ending Russia’s full-scale invasion, although s...