Drone attack sinks ship off Bulgaria's Black Sea coast as rescue details emerge
Bulgaria has reported a fresh drone attack on two ships in the Black Sea near its coast, with one vessel sinking and emergency rescue operations launched. The incident took place on Tuesday, 13 October, close to Bulgaria's shoreline, according to the country's leadership. It has added to concern over maritime security in a strategically sensitive part of the Black Sea.Prime Minister Rumen Radev said the Maltese-flagged Chelsea 3 was struck by three aerial drones, and that all 15 crew members were rescued. Five of those on board received treatment for minor injuries, he said in a video posted on social... [Continue Reading]
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Tokyo and Asia-Pacific close mixed as Nikkei extends slide, gold and silver firm, Kospi sinks on tech selloff
Executive summary: Asia-Pacific trading ended with a sharp split, Japan’s Nikkei 225 fell -4.1%, South Korea’s Kospi dropped -13.8%, while Australia’s ASX 200 gained +0.6%. Safe-haven metals strengthened, with gold up +1.2% and silver up +2.7%, while WTI crude rose +1.1%. The move points to a risk-off tone in parts of the region, led by a steep selloff in Japanese and Korean equities, even as some commodity-linked assets and Australia’s market held up better. [Continue Reading]
Tokyo Opens Mixed as Nikkei Slips, Kospi Sinks and Commodities Hold Firm
Executive summary: Tokyo and Asia-Pacific markets opened with a risk-off tone, led by a sharp drop in Korea’s Kospi and a softer Nikkei 225. At the same time, Hang Seng and ASX 200 were firmer, while gold, WTI crude and natural gas all traded higher. FX moves were modest, with the yen slightly weaker against the dollar and the yuan slightly stronger. [Continue Reading]
Syria calls for probe as Black Sea cargo ship sinks after reported attack
Syria has called for an independent and transparent investigation into the sinking of the Togolese-flagged cargo ship Alfa Watan in Bulgaria's exclusive economic zone. The appeal comes as 10 crew members remain unaccounted for, including nine Syrians and one Egyptian. Syrian authorities also questioned why search and rescue operations were halted before the sailors were found.Mazen Aloush, from Syria's port authority, asked the International Maritime Organization and Bulgarian authorities to establish why the search was called off. He said the fate of the missing crew was still unknown and urged officials to use all available technical means to locate and... [Continue Reading]
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