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Iran Threatens Region-Wide Infrastructure 'Obliteration' As Trump's 48-Hour Ultimatum Ticks Down, Mass Casualties In Southern Israel Summary Iran vows regional and US infrastructure will be "irreversibly destroyed" in response to Trump's 48-hour timeline to open Hormuz or else Iranian power plants will be obliterated. Iran announces imposition a $2 million transit fee on 'non-enemy' ships wishing to transit strait. Unprecedented damage and many dozens of casualties in Israel's south after tit-for-tat strikes on areas with nuclear plants. Reports of US prepping diplomatic offramp plan but Iran says expanding war has effectively shut the door; Bessent says "50 days" of...

At least six people were killed Thursday and two more wounded in a pair of Israeli drone strikes targeting vehicles in the neighboring towns of Zawtar and Mayfadoun, in Lebanon’s Nabatieh District. The first strike was reported in Mayfadoun, where a drone hit a car on the road just outside of town, killing two and […]

SK Hynix's US Offering Reportedly Seven Times Oversubscribed The KOSPI struggled for direction overnight, erasing most of an opening rally that briefly pushed the South Korean main equity index up as much as 4.1%. The real strength was in memory stocks, with SK Hynix surging as much as 10% as investors piled back in. This move comes as Bloomberg reports the company's US ADR listing is more than seven times oversubscribed, underscoring strong institutional demand. The report said SK Hynix is selling 177.9 million American depositary receipts, with each ADR...