Finance news

◇ unclassifiedchina · asia · germany

As Europe rearms, can it decouple its military supply chains from China?

Europe’s defence industry would gradually reduce its reliance on China during the continent’s ongoing rearmament drive, rather than decouple completely, analysts said. On Wednesday, during the Group of Seven summit in Evian-les-Bains, France, the leaders of France, Germany, the UK, Italy, the US, Canada and Japan signed a declaration on securing supply chains for critical minerals. Without naming China, the leaders agreed to “significantly reduce” their dependency on a “single supplier outside..

◇ unclassifiedusa · europe · china

US couldn’t repair battle-damaged ships in war with China, study finds

Battle-damaged U.S. warships could not be quickly repaired and returned to combat during a war with China, according to a new study by RAND.

◇ unclassifiedusa · europe

Automation vs autonomy: What will shape the future of battlefield drones?

[Sponsored] While humans must stay in the loop for kinetic decisions, empowering drones to operate autonomously is a force multiplier.

Maneuvers on NATO's eastern flank: Pistorius wants to commit soldiers to Lithuania if necessary

4,800 German soldiers are to be stationed in Lithuania by the end of 2027. The defense minister relies on voluntary action. But he admits that he will probably reach his limits.

Armored brigade: Pistorius wants to sign soldiers for the Lithuanian brigade if necessary

According to Defense Minister Boris Pistorius, the establishment of the armored brigade in Lithuania is proceeding according to plan. But there is a risk of bottlenecks in recruiting the 4,800 soldiers.

◇ unclassifiedusa · europe

Why Trump invoked the Defense Production Act now

“It’s a way for us to communicate and leverage industry,” said Michael Cadenazzi, the assistant secretary of Defense for Industrial Base Policy.

19d06/22⚠ war-conflict · 2/5

What does US Pacific Command name change mean for China and India?

In a layered signal to Indo-Pacific nations and America’s domestic audience, the Trump administration last week said the US Indo-Pacific Command would revert to its long-used name, the US Pacific Command. The Honolulu-headquartered command was renamed in 2018 during Donald Trump’s first presidency. The administrative order by the Department of Defence was justified to honour the legacy of America’s oldest and largest unified combatant command, established in 1947. In the run-up to the 250th...

◇ unclassifiedchina · asia · usa

◇ unclassifiedusa · europe · china

Can China’s latest air-to-air missile take on its US equivalent? Definitely maybe, experts say.

The PL-16’s specs would let it chase large, slower-moving aircraft, one analyst said, though its effectiveness against smaller, faster planes is unclear.

◇ unclassifiedusa · europe · uk

War robots invade Eurosatory 2026 as interest grows in UGVs after use in in Ukraine

Ukrainian firms, especially, showed off combat-proven unmanned ground vehicles, but at least one experts isn’t convinced of a wider use-case, yet.

◇ unclassifiedgermany · europe · uk

Armament: Between Taurus and Flamingo – German and Ukrainian companies cooperate on cruise missiles

After the Tomahawk debacle, the Bundeswehr wants to close an acute gap in its missile arsenal with Ukrainian help. German defense companies are already looking to join forces.

◇ unclassifiedusa · germany · europe

Defense giant KNDS moves closer to IPO after France-Germany stake deal

France and Germany agreed on a KNDS framework as Germany seeks a 40% stake ahead of a potential multibillion-euro IPO.

The new arms race in wealth management: Winning the ultra-wealthy

Most registered investment advisors say they serve wealthy clients. The CNBC Elite Advisors list aims to help ultra-high net worth investors narrow the field.

◇ unclassifiedusa

◇ unclassifiedchina · asia · japan

Japan’s latest live-fire drill is about offence, not defence: PLA Daily

China’s military mouthpiece on Monday warned that the weapons and operational methods seen in Japan’s largest annual live-fire drill symbolised the Self-Defence Force’s acceleration towards offensive capabilities as part of its military expansion. “Japan’s military forces will become more offensive, more dangerous and more oriented towards actual combat. Japan will race forward on the road of ‘re-militarisation’,” according to the article in PLA Daily. The warning came as tensions between...

◇ unclassifiedchina · asia

4 more suspects arrested over HK$7 million gold bar robbery at Hong Kong airport

Police have arrested four more suspects linked to a high-profile knifepoint robbery in Hong Kong following a joint cross-border operation, though the stolen gold bars remain missing. The robbery occurred early on Thursday at Hong Kong International Airport’s car park 3, where a 36-year-old local man, carrying a backpack loaded with six gold bars weighing about 6kg and valued at HK$7 million, was ambushed by three knife-wielding assailants. The attackers slashed his arms and legs before escaping.

◇ unclassifiedusa · europe · russia

Ukraine launches ‘TrophyLab’ platform to share captured Russian weapons with allies

Among the listed items available for study are, for example, a Kinzhal hypersonic missile and a T-90M tank.

◇ unclassifiedgermany · europe · uk

Armament: Safer to the front: Airbus is planning unmanned helicopters

The war in Ukraine is forcing helicopter manufacturers to make new developments. The Airbus subsidiary Helicopters is expanding production and even convincing the US Army with its concept.

◇ unclassifiedgermany · europe · australia

Armaments industry: The federal government has agreed with owner families to join KNDS

The federal government joins the tank manufacturer KNDS, and all agreements with the previous owners and the company are in place. Now the IPO can take place.

Arms industry: Federal government agrees with owner families to join KNDS

The federal government and the German owner families apparently agree on the federal government joining KNDS. What is known so far.

◇ unclassifiedgermany · europe · usa

Armaments industry: The federal government is said to have agreed with owner families to join the KNDS

The owner families want to exit the German-French tank manufacturer KNDS with an IPO. The federal government is making an important commitment so that the plans can be implemented.

◇ unclassifiedgermany · europe · japan

Italy: Leonardo boss open to German entry into fighter jet program

After the failure of the FCAS project, Germany could join the British-Italian-Japanese arms project. However, the new Leonardo boss warns of delays.

◇ unclassifiedgermany · europe · usa

Trade dispute: China puts ten US companies on export control list

Beijing is tightening its countermeasures in the dispute with the USA. Affected are defense companies and companies in the strategic raw materials sector.

20d06/22

The AI Arms Race Isn’t About Technology – It’s About Electricity

Two and a half years ago, NVIDIA was a $300 billion gaming chip company. Today it's the most valuable company in history at over $4 trillion. Investors who saw what was coming and got positioned early made generational money. A $10,000 stake in NVIDIA at the start of 2023 is worth more than $130,000 today. The trade looks obvious in hindsight, but very few investors caught it in real time. Demand for AI compute had exploded, the supply of high-end chips couldn't catch up, and NVIDIA happened to

◇ unclassifiedmiddle-east · russia · usa

20d06/21

Red Hawk rising: how the Z-20 family is plugging China’s chronic defence gaps

Telling a Harbin Z-20 and a Sikorsky UH-60 “Black Hawk” apart can be challenging – the two helicopters look almost identical and their dimensions are very similar. The striking resemblance underscores China’s decades-long effort to close the technological gap with the United States and Russia in the important aviation sector of helicopters. Yet, there are differences: the Z-20 has five main rotor blades compared with the UH-60’s four, and its cabin features two front windows instead of the...

◇ unclassifiedchina · asia · usa

20d06/21

Defense: Where Germany and Australia want to cooperate even more closely

The rules-based order is under pressure in Europe as well as in the Indo-Pacific. Both countries are therefore massively arming themselves - and plan to work together on important projects.

◇ unclassifiedgermany · europe · usa

20d06/21

South Korea jostles with Germany for US$39 billion Canadian submarine deal

The South Korean government and defence players are making last-ditch efforts to win Canada’s next-generation submarine project worth up to 60 trillion won (US$39.14 billion), as Ottawa is expected to select a preferred bidder by the end of this month. Under the Canadian Patrol Submarine Project, the Royal Canadian Navy’s ageing fleet of four Victoria-class submarines will be replaced with 12 new 3,000-tonne diesel-electric vessels. The comprehensive contract includes long-term maintenance,...

◇ unclassifiedchina · asia · germany

21d06/20

G7 Takes Aim at China’s Grip on Critical Minerals

The leaders of the G7 have created a strategic alliance on critical minerals in a coordinated effort to break China’s oversized control of the metals and minerals and rare earth elements crucial to the defense, automotive, and clean energy industries. At the G7 summit in Evian, France, the leaders of G7 issued a declaration in which the nations committed “to coordinating efforts within the G7 and with partner countries to establish and develop the necessary processing and industrial capacities f

◇ unclassifiedmiddle-east · russia · usa

21d06/20⚠ war-conflict · 3/5

Why Small Modular Reactors Are Becoming a National Security Priority

For decades, energy policy in Washington was debated on the basis of economics, climate change, and domestic politics. That era is over. The United States is entering a period where energy security must be recognized as a core pillar of national security and military readiness. The global competition underway with China is not just about trade or tariffs. It is about industrial capacity, technological dominance, artificial intelligence (AI), semiconductor manufacturing, and defense production -

◇ unclassifiedmiddle-east · russia · usa

21d06/20

Interview: Top investor Luciana Lixandru: “Europe will have its moment in the sun”

The prominent venture capital manager sees good prospects for European start-ups, especially young defense companies. The Sequoia partner still faces hurdles.