This is the news we should be paying attention to. At least for the moment, everything else is a distraction When we talk about our inability to pay attention, to concentrate, we often mean and blame our phones. It’s easy, it’s meant to be easy. One flick of our index finger transports us from disaster to disaster, from crisis to crisis, from maddening lie to maddening lie. Each new unauthorized a...
This is the news we should be paying attention to. At least for the moment, everything else is a distraction When we talk about our inability to pay attention, to concentrate, we often mean and blame our phones. It’s easy, it’s meant to be easy. One flick of our index finger transports us from disaster to disaster, from crisis to crisis, from maddening lie to maddening lie. Each new unauthorized attack and threatened invasion grabs the headlines, until something else takes its place, and meanwhile the government’s attempts to terrorize and silence the people of our country continue. So let me break it down. There is one story: our country is on the brink of an authoritarian take-over. In Minneapolis an innocent poet and an ER nurse at a VA hospital were both killed in cold blood by federal agents. It is happening now. Toddlers are being sent to detention centers; videos of their gyms for kids recall the youth choruses that the Nazis so proudly showed off at the Terezin concentration camp. Intimidation and violence are being weaponized against the citizens of Minneapolis, some of whom are afraid to leave their houses for fear of being beaten, arrested and shackled, regardless of whether they are US citizens or asylum seekers or people from another country peacefully living and working here for decades. Francine Prose is a former president of PEN American Center and a member of the American Academy of Arts and Letters and the American Academy of Arts and Sciences Continue reading...
Asian mining stocks climbed with metals prices as investors rotated into hard assets, driven by a weakening dollar and growing unease over currencies, geopolitics and global fiscal risks. A group of materials producers led gains Monday on MSCI Inc.’s broadest index of Asia Pacific equities. Korea Zinc Co. shares climbed as much as 14% in Seoul while Zhongjin Gold Corp. ’s jumped 10% in Shanghai. M...
Asian mining stocks climbed with metals prices as investors rotated into hard assets, driven by a weakening dollar and growing unease over currencies, geopolitics and global fiscal risks. A group of materials producers led gains Monday on MSCI Inc.’s broadest index of Asia Pacific equities. Korea Zinc Co. shares climbed as much as 14% in Seoul while Zhongjin Gold Corp. ’s jumped 10% in Shanghai. Markets were closed for holidays Monday in Australia and India. The advances mirror a powerful rally in metals markets, where gold , silver, copper and aluminum are climbing on what traders describe as a debasement trade. Investors are pulling away from currencies and Treasuries, seeking refuge in hard assets as concerns mount over fiscal largesse, geopolitics and the durability of US exceptionalism. Read more: Dollar Pressure Mounts as Traders Game Out US Plans for Yen The rally in metals “is a long term trend that we have been observing for several years,” said Frank Benzimra , head of Asia equity strategy at Societe Generale SA. Reasons include a diversification away from US assets and rising defense spending boosting demand for base metals as well as AI-related demand.
(RTTNews) - S-Oil Corporation (010950.KS) reported that its fourth quarter net income attributable to shareholders of parent company was 265.01 billion South Korean won compared to a loss of 131.72 billion won in the same quarter last year. Operating income for the quarter was 424.47 billion won up from 222.37 billion won in the prior year. Sales for the quarter declined to 8.792 trillion won from...
(RTTNews) - S-Oil Corporation (010950.KS) reported that its fourth quarter net income attributable to shareholders of parent company was 265.01 billion South Korean won compared to a loss of 131.72 billion won in the same quarter last year. Operating income for the quarter was 424.47 billion won up from 222.37 billion won in the prior year. Sales for the quarter declined to 8.792 trillion won from 8.917 trillion won in the 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.
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Singapore with Shery Ahn and Avril Hong, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Singapore with Shery Ahn and Avril Hong, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Maskot/DigitalVision via Getty Images One company that I have been aware of for quite some time now but have never really dug deep into is FIGS ( FIGS ). Coming into 2026, I told myself that I wanted to spend time analyzing more companies than I have in the past. And as an interesting player in its space, it certainly is deserving of a deep dive. What I found when analyzing the company is that, ev...
Maskot/DigitalVision via Getty Images One company that I have been aware of for quite some time now but have never really dug deep into is FIGS ( FIGS ). Coming into 2026, I told myself that I wanted to spend time analyzing more companies than I have in the past. And as an interesting player in its space, it certainly is deserving of a deep dive. What I found when analyzing the company is that, even though revenue has grown nicely, profitability has been quite mixed. The good news is that the 2025 fiscal year was shaping up well, and the stock has a fortress balance sheet. Its overall market presence is growing, and I do think that outweighs the volatility on the bottom line. Unfortunately, there is one big downside, and this is the fact that shares are very expensive. In fact, they are so expensive that I think investors would be wise to take a cautious approach here. That's why, even though it pains me to do so, I believe that initiating this prospect with a ‘sell’ rating is the right choice. Not a Great Fit The management team at FIGS describes the company as a direct-to-consumer health care apparel and lifestyle brand. The company caters to healthcare professionals through the scrub-aware and non-scrub-aware that it provides. Examples here include outerwear, underscrubs, footwear, compression socks, lab coats, loungewear, and other apparel. The company designs these in-house for the most part and then utilizes third-party suppliers and producers for the purpose of delivering said items. These are then sold through its digital platform, which involves not only a website but also its mobile app. It also has its own B2B business, and it operates physical retail stores called Community Hubs. Management views this as an attractive opportunity for long-term growth. Even though a lot of the company's efforts have been dedicated to the US market, it pointed out accurately in its latest investor presentation that over 80% of global healthcare professionals live and work ...
Democratic ex-presidents Barack Obama and Bill Clinton have spoken out against the fatal shooting of a 37-year-old nurse in Minneapolis, the second person to be shot dead by federal immigration officers in the city this month. In a statement released on Sunday, Obama and his wife, Michelle, described the killing of Alex Pretti as “a heartbreaking tragedy” and “a wake-up call to every American, reg...
Democratic ex-presidents Barack Obama and Bill Clinton have spoken out against the fatal shooting of a 37-year-old nurse in Minneapolis, the second person to be shot dead by federal immigration officers in the city this month. In a statement released on Sunday, Obama and his wife, Michelle, described the killing of Alex Pretti as “a heartbreaking tragedy” and “a wake-up call to every American, regardless of party, that many of our core values as a nation are increasingly under assault”. “For weeks now people across the country have been rightly outraged by the spectacle of masked ICE [Immigration and Customs Enforcement] recruits and other federal agents acting with impunity and engaging in tactics that seem designed to intimidate, harass, provoke and endanger the residents of a major American city,” they said. Bill Clinton joined the call in a post on X, saying the US is facing a historic moment that will shape it for years to come. He urged Americans to speak out and “show that our nation still belongs to we the people”. Here are the key stories at a glance: Catching up? Here’s what happened on 24 January 2026.
TAIPEI, Jan 26, 2026, 10:19 Taipei time — Regular session Shares of Taiwan’s Powerchip Semiconductor Manufacturing Corp (6770.TW) climbed 2.9%, hitting T$60.2 by 9:54 a.m., up from yesterday’s close of T$58.5. The stock peaked at T$61.4 during the session, with other chip and memory stocks listed in Taipei showing gains as well. (Yahoo Finance) The rebound follows a choppy period linked to Powerch...
TAIPEI, Jan 26, 2026, 10:19 Taipei time — Regular session Shares of Taiwan’s Powerchip Semiconductor Manufacturing Corp (6770.TW) climbed 2.9%, hitting T$60.2 by 9:54 a.m., up from yesterday’s close of T$58.5. The stock peaked at T$61.4 during the session, with other chip and memory stocks listed in Taipei showing gains as well. (Yahoo Finance) The rebound follows a choppy period linked to Powerchip’s plan to sell its P5 fabrication plant in Tongluo to Micron Technology for US$1.8 billion. Powerchip says the deal would reshape its balance sheet and accelerate its push into advanced memory technology. Chairman Frank Huang pointed to “the current wave of AI applications” as a key factor fueling a global upswing in the DRAM sector, referring to dynamic random access memory, a widely used type of computer memory. (Powerchip) Powerchip’s board has signed off on a cash capital increase of up to 420 million shares via a global depositary receipt (GDR) offering, letting foreign investors buy receipts linked to its shares. Investors are assessing the risk of dilution ahead of the company’s annual meeting on April 10, when shareholders will vote on the plan, according to a report referencing its disclosure. (中央社 CNA) Sentiment held firm at the open as Taiwan’s benchmark index jumped 41.05 points to 32,002.56, according to local reports. (Focus Taiwan – CNA English News) Micron outlined plans for the Tongluo site, adding 300,000 square feet of cleanroom space—the essential controlled environment for chip production—and expects to finalize the deal by Q2 2026, subject to agreements and regulatory green lights. “Demand continues to outpace supply,” said Manish Bhatia, executive VP of global operations at Micron. The company anticipates the site will start delivering significant DRAM wafer output in the second half of 2027. (Micron Technology) The timeline remains extended, and the deal includes multiple moving parts. A delay in finalizing the agreement, a stricter regulatory rev...