1 In 30 Koreans Margin-Called As Kospi Crashes, Regulator Suspends New Levered ETFs, Hikes Margins

Ukrainian forces launched another major drone swarm into Russia on Sunday, killing at least six people, according to reports from The Associated Press and Russian media. According to Alexander Shuvayev, the acting governor of Russia’s Belgorod Oblast, one drone hit near a playground, killing a 13-year-old girl and wounding a seven-year-old and a nine-year-old. “I […]

Trump's $200BN Korean "Investment" Is A Gas Plant With No Customers, Eight Reactors With No Sites, And A Pipeline Seoul Calls A "Future Discussion" A week ago, we wrote that South Korea had finally found a home for the first slice of the $350 billion it promised Trump: a $22.3 billion, 6.3GW gas plant in Encinal, Texas, with no customers, no PPA, and turbines that may not show up this decade. That left, as we put it then, "$328 billion to go." That number is about to get a lot smaller,...

Defiant Mojtaba Khamenei: Gulf's Future Will Be "Without US Presence," Vows To Protect Nuclear Program At All Costs Summary Not giving up nuclear program: Iran will "guard" its "advanced technologies" like it does its own borders, Mojtaba Khamenei said in a written speech read aloud by state TV. It will “secure the Persian Gulf region and dismantle the hostile enemy’s exploitation of this waterway." US military teases cutting-edge, not yet tested in battle, hypersonic missiles for Mideast region as CENTCOM head set to brief Trump on further military options at White House. Brent crude for June...