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Investors with room in their portfolio for some new additions might want to consider the ASX shares listed below. That's because analysts at Morgans have recently put the equivalent of buy ratings on these shares. Here's what the broker is saying about them: ( ) The first ASX share that Morgans is bullish on is investment management company GQG Partners. The broker believes that recent share price weakness (relating to its Adani investments) has created a buying opportunity for investors. Particularly given that its fund outflows have not been as bad as feared. It said: GQG's November investment strategy performance ranged from -3.3% to +6.8%, resulting in relatively flat estimated monthly FUM, pre net fund flow impacts. An assessment of some of GQG's FUM shows some outflows likely occurred directly post the Adani news. While there is some near-term outflow risk (including headline risk in the imminent FUM update given previous flow strength), based on fund performance we do not expect this to persist for an extended period. The Emerging Markets (EM) fund (>10% exposure to Adani) outperformed its benchmark by ~1% in November. Over timeframes 1-5 years, all strategies have outperformed benchmarks meaningfully (ranging ~180bp – 920bp). GQG will implement a A$100m buyback (~1.5% of shares) commencing 6-Dec. Uncertainty on the investment performance impact of the Adani news was high at the onset, but can now be assessed and has been minor to-date (Adani vehicles -11% to +14%; EM outperformance in Nov). There is some outflow risk and Adani news flow risk (if GQG remains invested), but we believe there is solid underlying business strength and value at ~9.5x FY25F PE. Morgans has an add rating and $2.47 price target on the ASX share. It also expects a of almost 9.5% in FY 2025. ( ) Now could be the time to buy this financial technology company's shares according to the broker. Morgans appears to believe that the worst is now behind the company and it is destined to deliver solid growth in FY 2025. It feels that this could underpin a re-rating of the ASX share to higher multiples next year. It explains: IRE reaffirmed FY24 earnings guidance, expecting to deliver towards the top-end. We expect IRE can deliver growth into FY25, led by further efficiency gains and a de-leveraged balance sheet. Proving up top-line growth initiatives through FY25 will be key to a more sustained/continued re-rate for the stock. Further divestments of non-core and/or underperforming assets are possible in FY25. If executed, this would see gearing DAMASCUS, Syria — Ousted Syrian leader Bashar Assad fled to Moscow and received asylum from his longtime ally, Russian media said Sunday, hours after a stunning rebel advance seized control of Damascus and ended his family’s 50 years of iron rule. Thousands of Syrians poured into streets echoing with celebratory gunfire and waved the revolutionary flag in scenes that recalled the early days of the Arab Spring uprising, before a brutal crackdown and the rise of an insurgency plunged the country into a nearly 14-year civil war. The swift events raised questions about the future of the country and the wider region. “Our approach has shifted the balance of power in the Middle East," President Joe Biden said, crediting action by the U.S. and its allies for weakening Syria’s backers — Russia, Iran and Hezbollah. He called the fall of Assad a “fundamental act of justice” but also a “moment of risk and uncertainty,” and said rebel groups are “saying the right things now” but the U.S. would assess their actions. Russia requested an emergency session of the U.N. Security Council to discuss Syria, according to Dmitry Polyansky, its deputy ambassador to the U.N., in a post on Telegram. The arrival of Assad and his family in Moscow was reported by Russian agencies Tass and RIA, citing an unidentified source at the Kremlin. A spokesman there didn't immediately respond to questions. RIA also said Syrian insurgents had guaranteed the security of Russian military bases and diplomatic posts in Syria. Earlier, Russia said Assad left Syria after negotiations with rebel groups and that he gave instructions to transfer power peacefully. The leader of Syria's biggest rebel faction, Abu Mohammed al-Golani, is poised to chart the country’s future. The former al-Qaida commander cut ties with the group years ago and says he embraces pluralism and religious tolerance. His Hayat Tahrir al-Sham group, or HTS, is considered a terrorist organization by the U.S. and the U.N. In his first public appearance since fighters entered the Damascus suburbs Saturday, al-Golani visited the Umayyad Mosque and described Assad's fall as “a victory to the Islamic nation.” Calling himself by his given name, Ahmad al-Sharaa, and not his nom de guerre, he said Assad had made Syria “a farm for Iran’s greed.” The rebels face the daunting task of healing bitter divisions in a country ravaged by war and split among armed factions. Turkey-backed opposition fighters are battling U.S.-allied Kurdish forces in the north, and the Islamic State group is still active in remote areas. Syrian state television broadcast a rebel statement saying Assad was overthrown and all prisoners had been released. They urged people to preserve the institutions of “the free Syrian state,” and announced a curfew in Damascus from 4 p.m. to 5 a.m. An online video purported to show rebels freeing dozens of women at the notorious Saydnaya prison, where rights groups say thousands were tortured and killed. At least one small child was seen among them. “This happiness will not be completed until I can see my son out of prison and know where is he,” said one relative, Bassam Masr. "I have been searching for him for two hours. He has been detained for 13 years.” Rebel commander Anas Salkhadi appeared on state TV and sought to reassure religious and ethnic minorities, saying: “Syria is for everyone, no exceptions. Syria is for Druze, Sunnis, Alawites, and all sects.” “We will not deal with people the way the Assad family did," he added. Damascus residents prayed in mosques and celebrated in squares, calling, “God is great.” People chanted anti-Assad slogans and honked car horns. Teenage boys picked up weapons apparently discarded by security forces and fired into the air. Soldiers and police fled their posts and looters broke into the Defense Ministry. Families wandered the presidential palace, walking by damaged portraits of Assad. Other parts of the capital were empty and shops were closed. “It’s like a dream. I need someone to wake me up," said opposition fighter Abu Laith, adding the rebels were welcomed in Damascus with “love.” Rebels stood guard at the Justice Ministry, where Judge Khitam Haddad said he and colleagues were protecting documents. Outside, residents sought information about relatives who disappeared under Assad. The rebels “have felt the pain of the people,” said one woman, giving only her first name, Heba. She worried about possible revenge killings by the rebels, many of whom appeared to be underage. Syria’s historically pro-government newspaper al-Watan called it “a new page for Syria. We thank God for not shedding more blood.” It added that media workers should not be blamed for publishing past government statements ordered from above. A statement from the Alawite sect that formed the core of Assad's base called on young Syrians to be “calm, rational and prudent and not to be dragged into what tears apart the unity of our country.” The rebels mainly come from the Sunni Muslim majority in Syria, which also has sizable Druze, Christian and Kurdish communities. In Qamishli in the northeast, a Kurdish man slapped a statue of the late leader Hafez Assad with his shoe. The rebel advances since Nov. 27 were the largest in recent years, and saw the cities of Aleppo, Hama and Homs fall within days as the Syrian army melted away. The road to Damascus from the Lebanese border was littered with military uniforms and charred armored vehicles. Russia, Iran and Hezbollah, which provided crucial support to Assad, abandoned him as they reeled from other conflicts. The end of Assad’s rule was a major blow to Iran and its proxies, already weakened by conflict with Israel. Iran said Syrians should decide their future “without destructive, coercive, foreign intervention.” The Iranian Embassy in Damascus was ransacked after apparently having been abandoned. Hossein Akbari, Iran’s ambassador to Syria, said it was “effectively impossible” to help the Syrian government after it admitted the insurgents' military superiority. Speaking on Iranian state media from an undisclosed location, he said Syria's government decided Saturday night to hand over power peacefully. “When the army and the people could not resist, it was a good decision to let go to prevent bloodshed and destruction,” Akbari said, adding that some of his colleagues left Syria before sunrise. Iran’s Foreign Minister Abbas Araghchi, speaking on state TV, said there were concerns about the “possibility of civil war, disintegration of Syria, total collapse and turning Syria into a shelter for terrorists.” Syrian Prime Minister Mohammed Ghazi Jalali has said the government was ready to “extend its hand” to the opposition and turn its functions over to a transitional government. A video on Syrian opposition media showed armed men escorting him from his office to a hotel. The U.N.’s special envoy for Syria, Geir Pedersen, has called for urgent talks in Geneva to ensure an “orderly political transition.” The Gulf nation of Qatar, a key regional mediator, hosted an emergency meeting of foreign ministers and top officials from eight countries with interests in Syria late Saturday, including Iran, Saudi Arabia, Russia and Turkey. Majed al-Ansari, Qatar’s Foreign Ministry spokesman, said they agreed on the need “to engage all parties on the ground," including the HTS, and that the main concern is “stability and safe transition.” Meanwhile, Prime Minister Benjamin Netanyahu said Israeli troops had seized a buffer zone in the Golan Heights established in 1974, saying it was to protect Israeli residents after Syrian troops abandoned positions. Israel’s military later warned residents of five southern Syria communities to stay home for their safety, and didn’t respond to questions. Israel captured the Golan in the 1967 Mideast war and later annexed it. The international community, except for the U.S., views it as occupied, and the Arab League on Sunday condemned what it called Israel’s efforts to take advantage of Assad’s downfall to occupy more territory. ___ Sewell reported from Beirut. Associated Press writers Bassem Mroue, Sarah El Deeb and Kareem Chehayeb in Beirut; Samar Kassaballi, Omar Sanadiki and Ghaith Alsayed in Damascus; Jon Gambrell in Manama, Bahrain; Josef Federman in Doha, Qatar; and Tia Goldenberg in Jerusalem, contributed.
NoneSen. Chuck Schumer, D-N.Y., has asked the Department of Homeland Security to deploy a specific type of technology that detects drones in New York and New Jersey. The Senate majority leader told reporters during a news conference Sunday that a specialized drone-detecting product from Robin Radar Systems is likely more effective than the equipment DHS currently uses to track aircrafts in tri-state skies. “Today, we’re asking the DHS, the Department of Homeland Security, to deploy special detection systems, like the Robin, which use not a linear line of sight, but 360-degree technology that has a much better chance of detecting these drones,” Schumer said. “And we’re asking DHS to bring them to the New York-New Jersey area.” Residents say they have spotted unidentified drones flying over New Jersey recently, prompting concerns among elected officials. Schumer said Robin Radar Systems will help provide answers to questions about the aircraft. “If the technology exists for a drone to make it up into the sky, there certainly is the technology that can track the aircraft with precision and determine what the heck is going on,” Schumer said. “And that’s what the Robin does.” “Once we get those answers, we will be in much better shape. Let’s face it: Our local people ... who have questions about these drones should not have to shake an 8-ball to get an answer,” Schumer added, holding up a Magic 8 Ball. “They want real answers, and the Robin can supply those answers, and that’s why we want them here. Schumer said he has received briefings from DHS about the drones. The department did not return a request for comment. Last week, former Maryland Gov. Larry Hogan flying over his Davidsonville home, though critics claim he actually saw the constellation Orion.
