Finance news

Mynt, parent of Philippine e-wallet giant GCash, files for an IPO

Markets: DAX expected to be lower – Fed decision in sight

The Dax is likely to start weaker. Investors are waiting for the first interest rate decision under the new Fed chief, while rising inflation is slowing in the US and the euro zone.

Nikkei, Topix, Hang Seng: Investors look to Warsh's Fed premiere - Nikkei is gaining

The Japanese leading index is approaching its record of 70,000 points from the beginning of the week. However, the markets are not driven by impulses from Asia.

USA: Investors challenge Fed Chairman Kevin Warsh at his premiere

Will the new head of the US Federal Reserve become Donald Trump's vicarious agent? Warsh's first interest rate decision becomes a reality test: the US President demands lower interest rates, the markets demand higher ones.

Invest: Barclays chief economist: “You can get rid of low key interest rates”

In the podcast, Christian Keller explains why interest rates won't fall any time soon and how the new US Federal Reserve boss wants to ensure more stability.

Invest: Barclays chief economist: “You have to get rid of low key interest rates”

In the podcast, Christian Keller explains why interest rates won't fall any time soon and how the new US Federal Reserve boss wants to ensure more stability.

$JHG: Looked appealing but quickly became very uninteresting due to non-recurring earnings and a pending merger

Janus Henderson Group (JHG) screens cheaply on the surface with a quote around $47 a share, a Price to Earning (P/E) of 9.9 and Price to Book value (P/B) of 1.56 but there is more to the story. There looms a pending acquisition by Trian and General Catalyst that was announced at the end of December in 2025 that values JHG at $49 per share. Most of the analysis covering this stock focus on the merger arbitrage angle but I am going to take a different approach. I am going to apply Benjamin Graham’

SpaceX vaults past Amazon’s market value, briefly topping Microsoft

SpaceX roared past Amazon’s market valuation on Tuesday ⁠and briefly topped that of Microsoft, rapidly scaling the list of the world’s most valuable companies on a topsy-turvy trading day fuelled by frenzied action in the firm’s newly listed option contracts. SpaceX shares rose 4.8 per cent to close at US$201.80, giving Elon Musk’s company a market value of roughly US$2.655 trillion – some US$800 billion more than its value when it sold its record initial public offering last week and about...

SpaceX gets assist from DOJ in effort to toss NAACP air pollution lawsuit

The DOJ is asking a Mississippi federal court to dismiss a lawsuit filed by the NAACP against Elon Musk's xAI, now owned by SpaceX.

AI Power Hunger Sparks Push for Energy Efficiency

The surge of AI and the data center boom have started to pose challenges to the global energy system amid soaring power demand, spiking energy bills, and a higher environmental footprint. As much as AI is changing the world and the economy, it could also offer assistance to one of the energy sector’s most pressing needs in times of rising demand, uncertainty in fossil fuel supply, and inflationary and supply-chain pressures in the renewables industry—energy efficiency. AI could be the tool to he

Is there a tool that alerts you when ANY company announces a deal in a specific sector?

I track a lot of individual companies, but I keep running into the same problem: I find out about major deals and announcements days after they happen, usually from a news article referencing something that was filed or announced earlier. For example, I missed a few big AI infrastructure contracts last month because the companies involved weren't on my watchlist. By the time it showed up in my news feed, the move had already happened. Same thing with hydrogen and nuclear energy deals, unless you

Fed Chair Warsh expected to withhold 'dot' from central bank's interest rate outlook

The central bank's Federal Open Market Committee is set to release its quarterly update of where individual officials expect interest rates to head.

Fixed income strategy in early retirement

I retired a few months ago with liquid assets that will bridge me until my annuity income and social security kick in three years from now. The rest of my money is in an IRA, that I had in 65% VT/12% BND/10% VTIP/8% TIPS ETF ladder/5% SGOV. I won't be tapping the IRA portfolio at all until 2029, and even then it will be a relatively small amount. I was good with that allocation until this week, when I figured out that I was assuming the 12% BND allocation was worthwhile as a volatility smoother,

Oil down 6%, the 30-year fell, and the real yield wouldn't move. Someone tell me what I'm missing.

Oil's down 6% on the Iran peace, the nominal 30-year fell almost a full percent today, and the real yield wouldn't come down with either of them. DFII30 (or TIP actually tradeable) sat at 2.73, right at the top of its range. Peace drains inflation expectations and that should pull the whole yield structure lower, but the inflation piece left and the real cost of money stayed put. Gold and silver rallied on top of it. Can someone clear the air, because here's what I see. Oil and yields are joined

Trump taps Defence Production Act to boost US weapons stockpiles drained by Iran war

US President Donald Trump invoked the Defence Production Act in an effort to bolster delivery of weapons whose stockpiles critics say have been strained by the war in Iran and other conflicts. The president cited “systemic constraints in the munitions industrial base” in his order for Defence Secretary Pete Hegseth to make “voluntary agreements and plans of action” to address the depleted US defence capacity, according to a memo dated June 11 and posted in the Federal Register. It was not...

Trump Deal Opens Resumes Iran Oil Sales Immediately

Iran won’t have to wait for inspectors, certifications, or a long diplomatic victory lap to start earning oil revenue again. Under the agreement expected to formally end the war between the United States and Iran, Tehran will be allowed to immediately resume oil and fuel sales, according to people familiar with the deal who spoke to the Wall Street Journal. The sanctions relief takes effect as soon as the agreement is signed and extends beyond crude exports to include the banking, shipping, and

Wells Fargo's asset cap removal has not been the silver bullet we expected. What to do next

When Wells Fargo broke free of the Fed's asset cap, investors had expected big things. Twelve months later, the stock is stuck in the penalty box.

Global oil prices break below $80 for the first time since the Iran war began. Ships still aren’t passing through Hormuz.

Shipping data show that only a fraction of normal tanker volumes are moving through the Strait of Hormuz.

2 passengers killed as truck collides with taxi on Hong Kong road

Two passengers were killed late on Tuesday when a truck slammed into their taxi on a wet highway in Hong Kong, with the cab flipping at least six times and tossing both of the victims onto the road. Police said the collision occurred at about 10pm on Tsing Sha Highway in Cheung Sha Wan as both vehicles were heading eastbound. The taxi was struck by the light goods truck near Hoi Lai Estate. The taxi’s two passengers, a man, 38, and a woman, 35, suffered multiple injuries and were pronounced dead

The $10 Billion Energy Corridor That Could Bypass Hormuz

The extended disruption caused by the US-Iran conflict highlights a need for diversifying energy export routes to reduce dependency on shipping via the Strait of Hormuz. A new initiative launched by the Washington, DC-based New Lines Institute seeks to develop Syria and Turkey into major energy distribution hubs. The Four Seas Initiative outlines an expansive framework for redirecting energy export flows in ways that can lessen European dependence on Russian and Iranian oil and gas while directi

U.S. EV Adoption Slows While Global Demand Accelerates

Electric vehicle sales in the United States are set to account for only 17% of all nationwide passenger vehicle sales in 2030, BloombergNEF said in its latest EV outlook, slashing its 27%-share projection from last year as the Trump Administration ended incentives for electric vehicles. Back in 2024, the year before President Trump won a second term in office, BloombergNEF expected EVs to have a 48% share of total U.S. passenger car sales in 2030. With the scrapping of the incentives for electri

Should politicians be allowed to trade (possibly benefiting from insider information) stocks to make ends meet ?

Speaker of the House Mike Johnson said that $174k hasn't been adjusted for inflation in a long time, and that politicians need to trade stocks to make ends meet (possibly benefiting from insider information). Should politicians be allowed to do so in order for them to afford life ? submitted by /u/KoseteBamse [link] [comments]

Rheinmetall pitches shipping container that can spit out swarms of attack drones

One container can hold 18 of the company’s FV-014 munitions, meant to plop out of the container by way of rocket-assisted start.

Europe rearms: Battle management, counter-UAS, and real AI at the edge

[Sponsored] Mapping Europe’s modernization from the Eastern drone wall to actual artificial intelligence resident in tanks.

I’m 20, and I’ll be watching Kevin Warsh and the Fed this week. Here’s why you should, too.

What the Fed’s interest-rate decision really means for your borrowing, savings and financial future

Philippines vows to block structures at Scarborough Shoal amid fears of Chinese expansion

A floating Chinese platform at Scarborough Shoal has revived fears in the Philippines that Beijing could be taking another incremental step towards turning one of the South China Sea’s most sensitive disputed features into a permanent outpost. The Armed Forces of the Philippines said on Tuesday it would not allow any structure to be built at the shoal, nearly three weeks after satellite images first showed a possible floating platform there. “We are not allowing that to happen. We’re not...

Philip R. Lane: Outlook for the euro area economy

BörsenTag: Why investors are looking at Japan today

The Japanese central bank has raised interest rates to their highest level in 31 years. What's problematic about it - and why the stock markets still remain calm.

BOJ hikes rates as deputy head warns inflation risks and Iran uncertainties

Yum Brands sells Pizza Hut to private equity firm LongRange Capital for $2.7 billion

Yum Brands is selling Pizza Hut, capping off years of struggles for the pizza chain.