Finance news

Economic situation: Spanish government raises growth forecast

Spain is growing faster than most other EU countries. The economy benefits from immigration and cheap energy. But inflation is also high.

Trump bought as much as $5 million in Axon stock before ICE sought $220 million Taser deal

Axon Enterprise has ramped up lobbying in Congress on federal law-enforcement technology as ICE pursues a potential $220 million Taser deal.

'This bargain is eroding': Inside the youngest generations' view of the American Dream

Gen Z is at a tipping point, some economists say: the first U.S. generation in living memory where the majority may be unable to achieve the American Dream.

Chinese vessels shadow US-Philippine naval drills in South China Sea near disputed shoal

The People’s Liberation Army said it dispatched vessels and aircraft to the South China Sea in response to a joint US-Philippine maritime drill in the waters near Scarborough Shoal over the weekend. The PLA’s statement came a day after Manila said four Chinese vessels monitored a US-Philippine maritime exercise near the disputed shoal, which was reported by Philippine media on Monday. A week ago, a rare stand-off between the Chinese and Philippine navies took place near the atoll. Over the...

Vingroup bets on solar panels placed above fishponds in the Philippines

Philippines becomes world’s top solar spender amid Middle East energy crisis

People in the Philippines are flocking to install solar power on rooftops and escape the burden of soaring electricity prices, making it the world’s biggest spender on solar panels since the war in Iran started. Top power distributor Meralco has raised prices by 10 per cent since the Middle East conflict began in late February. Now, a median household spends around 12 per cent of monthly ‌income on electricity, assuming it consumes 200 kilowatt-hours – around the monthly average for three...

Why would Filipinos holiday at home if abroad is cheaper?

Earlier this year, a screenshot of a domestic airfare went viral in the Philippines for all the wrong reasons. The flight was from Manila to Batanes, the country’s remote northern tip. The price: 27,000 pesos (US$440) – enough to fly to Taipei or Hanoi, check into a decent hotel and still have money for dinner. That disconnect sits awkwardly alongside Manila’s latest effort to rev up domestic travel. On Friday, the Department of Tourism launched “Discover More to Love”, a campaign of discounted.

Iran warns ships not to bypass its chosen Hormuz route

Iran’s top diplomat warned on Sunday that any attempt by ships to bypass its preferred route through the Strait of Hormuz would “increase tensions” in the Middle East, as US and Iranian forces again traded attacks. The exchanges underscored the fragility of a Pakistan-brokered agreement aimed at ending the war launched by the United States and Israel in February that disrupted shipping through the strait and rattled global energy markets. Although a ceasefire took effect in April, sporadic...

Is anyone watching FRMI? It’s the best in my port

i found frmi on my screener a while back when it was just getting absolutely destroyed while everything “ai” was ripping. kinda stood out to me because it was moving opposite of the whole hype trade I put in a little at 5$ and wish I did more but i still don’t really get what actually drove the selloff. was it just an overhyped ipo getting re-rated or is there something actually wrong going on like dilution / execution issues / guidance changes etc? i know they need customers but is it that hard

Deceased ex-Fed chief: How Alan Greenspan changed the world of money

The world has learned from his mistakes and achievements. A look back at the life and work of the legendary central banker.

‘Heart of Kwun Tong’: hundreds say goodbye to old Yue Man Square in Hong Kong

Hundreds of Hongkongers gathered in Kwun Tong overnight on Saturday to bid farewell to the streets around a historic town centre before they faded into history, with many stopping to capture one last photograph of a neighbourhood that had been part of their lives for decades. Families, couples and former residents queued beneath the Yue Man Square and Tung Yan Street signs, while others lingered at the busy junction to watch traffic pass through the last time before the roads were permanently...

Will Japan’s tourist visa fees, interest rate policy impact its booming property market?

With Japan imposing higher visa fees for tourists from July while moving away from an ultra-loose monetary policy, foreign investors must prepare themselves for both direct and indirect impacts on their real estate assets, according to agents and analysts. There is a dearth of data on the total number of homes bought by non-residents in Japan, but agents said the two main reasons for purchasing were to either use them as a primary base while they explored the country’s tourist destinations, or..

Investment in different sectors

Help me understand how one can decide what sector to invest in? I know tech is the big thing right now but hypothetically, is it still encouraged to buy tech stocks if hypothetically we get hit by recession? What about stagflation? Will that change if interest rates go up? I am just trying to understand what factors affect different sectors/commodities. Thank you in advance submitted by /u/Consistent_Good_848 [link] [comments]

NASA Eyes Moon Base Powered by Solar Panels and Nuclear Reactors

With major plans for space travel, several governments are proposing lunar energy production, including solar and nuclear projects. In May, NASA announced plans to send robotic landers, hopping drones, and vehicles to the moon as part of the United States government’s plans to develop a lunar base. NASA is expected to develop the machines alongside Intuitive Machines, Astrobotic, Blue Origin, and Elon Musk’s SpaceX. The United States aims to land its astronauts back on the moon before President

Fixed Investment reality in different countries

Okay, so this is more a intent of sharing different realities than anything else. I'm into investiments for a while and I know why some countries have higher returns than others. However, only recently, after looking for investments in other countries for diversification, I have thought about how some investments are perceived in differente contries, almost culturally. Especially fixed income investment and even savings in bank accounts. So, here is more context: I'm from Brazil, and here the in

The AI trade cooled and oil sank. A closer look at Wall Street's volatile week

Micron finished the week in the red despite a blockbuster earnings report. But falling oil prices was good news for the fight against inflation.

Just moved my pensions from previous employers to trading212 SIPP

I'm currently investing in index funds in my personal ISA but now ive moved a large lump sum into my SIPP im thinking I want a slightlly higher risk tolerance to compound over the long term given I can't access it directly The ETF's are I have shortlisted for pension is: VFEG - Vanguard Emerging Markets EQGB - Nasdaq 100 NATP - Future of Defence RENG - Clean Energy JEDG - Space Innovators RBTX - Automation & Robotics Based on this if you had to give a opinion on the following: A) This is a wise

Why investors may want to prioritize bond markets outside the U.S.

Allspring Global Investments is pushing clients toward countries with central banks that are raising interest rates or have different inflation dynamics.

Do you think FED would hike up the rates this year ?

“Inflation remains elevated relative to the Committee’s 2 percent goal, in part reflecting supply shocks that have driven price increases in certain sectors, including energy. The Committee will deliver price stability.” Trump doesn't like the idea of hiking up the rates, so maybe Warsh is gonna play the "wait and see" game for a while, depending on what happens after the midterms , and how much the inflation would go up. Now the inflation is 4.2%. submitted by /u/JonOwn1805 [link] [comments]

Isabel Schnabel: Is inflation back?

Trading in these two ETFs suggests inflation fears are overblown

It could have been a big week for bond bears, if it weren't for crude oil.

‘This is an unhealthy environment’: Arctic researcher Li Xueke leaves the US for Hong Kong

For climate scientist Li Xueke, the decision to leave the University of Pennsylvania for Hong Kong was a pivot to the front lines of the global green economy. As climate change turns the Arctic into a seasonally navigable ocean, Li’s research on critical new shipping routes could shed light on the economic impacts of a warming planet. Li joined City University of Hong Kong (CityU) last month as an assistant professor in the school of energy and environment, following a decade of study and work..

Malaysia’s Johor election campaign begins as federal allies clash

Malaysia’s southern Johor state was braced for a bruising 14-day election campaign on Saturday after 172 candidates were cleared to contest a poll pitting Prime Minister Anwar Ibrahim’s federal allies against each other in one of the country’s most economically important battlegrounds. The state, which borders Singapore, goes to the polls on July 11, with 2.72 million voters eligible to choose representatives for 56 seats. Analysts said the contest would test both the reach of federal partners..

New month, new rules: pension, taxes, flights — what changes in July

Who can enjoy more money and what's new in online shopping? July brings changes for millions of Germans.

noticed 20 genomics/sequencing stocks all breaking out the same week. can't tell if it's a real rotation or I'm just pattern-matching noise

So I run a screen across 2800 nasdaq names, returns over a few horizons, distance from 52w highs, relative volume, dispersion, that kind of stuff. mostly to keep myself honest on the macro instead of trading off headlines. been doing it daily for a while now. this week one thing stuck out and I've been chewing on it for a couple days so figured I'd just put it here and see if anyone's seeing the same thing or can tell me why I'm wrong. there's a clump of genomics / DNA sequencing / diagnostics n

Iran’s ship attack tests the shipping-insurance market just as war-risk premiums had plunged

War-risk premiums narrowed considerably in recent days but could increase again.

Fed’s Kashkari projects one interest-rate hike this year. Here’s what changed his mind.

Doubts over the U.S.-Iran peace deal and the AI buildup mean a rate hike is possible, the Minneapolis Fed president says.

AI Demand, War, and Climate Pressure Push World Back To Nuclear

Global energy markets are in turmoil as energy crises keep piling up. The energy-hungry AI boom, war in Iran, geopolitical instability, and climate pressures are creating a polycrisis for the global energy sector, and it’s just getting started. To solve multiple overlapping crises, we will need multiple overlapping solutions. An all-of-the-above solution to increasing energy security is therefore gaining favor on a global scale as the precariousness of over-reliance on limited energy supply chai

Owning UPS or Shopping Center

Hello fellow Redittors, I’ll keep it simple and ask whether or not if someone on the channel has an experience owning/running an UPS store or owning/running a shopping center - if anyone does have an experience or knowledge about it, what is it like? Is it profitable if you (as an owner) work most hours? Is it a decent long-term investment? submitted by /u/xclushiv [link] [comments]

Hang Seng fell 1.82% Tuesday vs Shanghai's 1.37% as Fed hike odds approach 70%

The dollar index broke 101 and Hong Kong's USD peg imports that directly (HKMA base rate at 4.0%, HIBOR pressure), while the PBOC holds record low LPRs with an easing bias. Same China tech companies, two completely different rate environments. I was looking at my KWEB position and realized I'm basically only long the HK side. KWEB holds zero A shares. CQQQ uses a 25% inclusion factor. Neither gives you real exposure to mainland China tech. The A share names (CATL, Cambricon, Zhongji Innolight) g