Sea LimitedNYSE: SE

North Sea oil stocks shot up in reaction to the new UK budget which, despite an expected raise in headline tax rates, turned out to be less bad than previously feared. Jersey Oil and Gas PLC (AIM:JOG, OTC:JYOGF) shares rocketed as much as 60% immediately after the budget announcements, and still stood some 35% higher at 76p per share some time later.

SINGAPORE--(BUSINESS WIRE)--Sea Limited (NYSE: SE) (“Sea” or the “Company”) plans to announce its third quarter 2024 results before the U.S. market opens on November 12, 2024, U.S. Eastern Time. The Company's management will host a conference call to discuss the third quarter 2024 results. A live webcast of this conference call will be available on the Company's website. Details of the webcast are as follows: Date and time:       7:30 AM U.S. Eastern Time on November 12, 2024 8:30 PM Singapore.

The latest trading day saw Sea Limited Sponsored ADR (SE) settling at $99.15, representing a -1.36% change from its previous close.

KAOHSIUNG, Taiwan--(BUSINESS WIRE)--Advanced Semiconductor Engineering, Inc. (ASE, a member of ASE Technology Holding Inc, NYSE: ASX, TWSE: 3711) today announced it has been honored with a prestigious Gold Award at the 2024 PwC Sustainability Impact Awards for its marine conservation film, Guardians of the Sea. Produced by ASE Corporate Communications Team in collaboration with ASE Environmental Protection and Sustainability Foundation, the film highlights ASE's innovative approach to marine co.

In the latest trading session, Sea Limited Sponsored ADR (SE) closed at $100.52, marking a +1.14% move from the previous day.

The Metals Company has large potential in deep-sea mining of polymetallic nodules, which is crucial for the electrification transition, with minimal environmental impact compared to traditional mining. TMC's NORI-D field alone has a net present value of more than $8 billion, with total potential revenue from all fields estimated at $500 billion. The anticipated ISA approval could enable TMC to start collection by 2026, but regulatory uncertainty remains.

The company smashed through low expectations with head-turning profitable growth.

Sea's stock has more than doubled in 2024 due to recovering gamer activity and rapid e-commerce growth in new markets like Brazil. There's further upside in the stock as Shoppee is poised to hit profitability in Q3, but several risks abound. Watch out for macro headwinds that may increase default ratios in the company's growing loan portfolio, and also slow down gamers' appetite to pay for in-game items.

The North Sea Transition Authority (NSTA) has unveiled new guidelines aimed at streamlining mergers and acquisitions in the UK's North Sea oil and gas sector, where over 100 deals take place annually. The new blue-print, designed to enhance transparency and efficiency, encourages buyers, sellers, and consenting parties to collaborate early, reduce delays, and ensure transactions run smoothly.