Iran Releases Footage Of Drone Swarm Attacks On Several 'US-Linked' Ships In Hormuz Strait

Turkish F-16 fighter jets have carried out airstrikes outside Mogadishu as US-backed Somali federal government forces have been locked in a major battle with al-Shabaab over Basra, a village about 22 miles northwest of the Somali capital. Garowe Online reported the Turkish strikes, but Ankara and Mogadishu have yet to officially confirm them. Local sources told Garowe […]

A flurry of bad news has drawn fresh scrutiny to the roughly $2 tln private credit market, as investors question the health of loan portfolios.

'Chexit': Global Asset Managers Are Fleeing China Authored by Anders Corr via The Epoch Times, Fidelity International (FIL) is reportedly the latest fund manager to plan a pullout from its China fund. FIL launched a wholly-owned subsidiary in Shanghai three years ago, but a lack of demand from retail investors led to disappointing growth. Reuters first reported the story. According to its sources, "A combination of fierce local competition, frequent leadership turnover and chronic struggles to build scale ultimately convinced global FIL executives that the China retail venture was untenable." FIL has $1.18...