Finance news

US judge strikes down Trump policies targeting immigrants from 39 countries

President Donald ⁠Trump’s administration unlawfully barred applicants from ⁠39 travel-ban countries from receiving decisions on asylum, work permits, green cards and citizenship, a US federal judge ruled on Friday. Chief US District Judge John McConnell in Providence, Rhode Island, ruled that the US Citizenship and ‌Immigration Services had adopted a series of unlawful policies targeting people from 39 African, Asian, Latin American and Middle Eastern countries. His ruling came in a lawsuit...

Using student loan as a financial buffer during graduation, sensible or overthinking it?

Hey, looking for a sanity check on something I've been considering. I'm a student in the Netherlands nearing the end of my studies, currently working part-time and receiving some grants, so I have no existing debt and don't actually need the money right now to get by. I also don't have the option of financial support from family, so whatever buffer I build, I have to build myself. That context is part of why I'm thinking about this. I'm eligible for a government loan through DUO under the SF35 s

Bank of England Official Says Oil Crisis Clouds Rate Outlook

The Bank of England may know where inflation is headed, but it has a much harder time knowing where oil—and interest rates—are headed. That was the message from Bank of England policymaker Swati Dhingra on Friday, as the ongoing Middle East energy crisis continues to complicate the outlook for interest rates. "If you ask me what's my interest rate decision next month going to look like or in the future, I think that's very hard to say, because the big elephant in the room here is what happens to

Business ticker: US fast food restaurant chain Taco Bell is coming to Germany

No take-off for SpaceX in the S&P 500 +++ C.H.Beck-Verlag takes over majority in dtv +++ Strong US job data boosts bets on rising interest rates in December +++ News in the company live blog.

Fund tip of the week: What currently speaks for convertible bonds

With convertible bonds, investors not only secure fixed interest rates, but also the right to exchange the securities for shares. The bonds are doing well – for good reasons.

Odds of a Fed hike this year jump on prediction markets

Following an unexpectedly hot jobs report, prediction market traders see a 52% chance the Federal Reserve increases interest rates this year.

Is bunq legit for daily banking and investing?

I'm confused about this neo bank. One one hand, they're properly regulated by the ECB and more or less popular here in Europe. But even on surface, there are some negative reviews and reported issues. At the end of the day, is it legit or not? I want to use it for my daily banking, along with trying something lighter for investing in stocks and ETFs. If you have any banking xp with them, please share. I'll highly appreciate this. submitted by /u/grow_gred [link] [comments]

How Chinese drink chains are testing the limits of soft power

Makeda George steps out of a Mixue store in downtown Brooklyn, New York, clutching a bubble tea as she weaves through a crowd of teenagers. The local resident says she had been eager to try the brand after noticing a surge of new outlets opening in recent months. “I decided to try the bubble tea. It was good,” she said, adding that she did not know it was a Chinese drink chain but figured it was Asian given the branding. “Everywhere you go, every nook, every cranny, you just see them popping...

Hong Kong man arrested for allegedly groping schoolgirl on bus

Hong Kong police have arrested a 65-year-old man in connection with a suspected indecent assault case in Mong Kok hours after footage appeared online showing a passenger harassing a schoolgirl sitting in front of him on a bus. Police said officers intercepted the suspect at the boundary checkpoint of the Hong Kong-Zhuhai-Macau Bridge. The victim, 17, is understood to be a Form Three student. The incident took place at around noon on Friday as the KMB bus was stopping near an intersection of Mong

Wall Street: interest rate hike before December? | Wall Street between job boom and AI hangover

AI euphoria is fizzling out, the Fed is coming under pressure - and SpaceX will soon test whether the market is still hungry for large tech IPOs.

Oil Markets Stop Believing Trump’s Peace Narrative

Fresh strikes on Kuwait and Oman undermine hopes of a U.S.-Iran de-escalation, keeping oil markets on edge and traders skeptical of diplomatic progress. Friday, June 05, 2026 This week’s strikes on Kuwait and the Friday morning attack on Oman have dented hopes for a de-escalation between US and Iran following the much-publicized Israel-Lebanon ceasefire. Whilst Oman’s main port is reportedly up and running again, capping ICE Brent around the $95 per barrel mark, most global crude benchmarks will

Trump Auction Opens Arctic Refuge Drilling Rights for First Time Ever

The Trump Administration is holding its latest lease sale in Alaska on Friday in a test for investors and environmentalists as the auction comprises tracts in the Coastal Plain of the Arctic National Wildlife Refuge. The Bureau of Land Management (BLM) is holding the oil and gas lease sale today, after last year the Trump Administration removed legislative protections from the Biden presidency that restricted oil and gas exploration in Alaska, including the Arctic National Wildlife Refuge and fe

Coalition: But no relief? Union fears Klingbeil's tax reform is a deception

Is the finance minister cheating on tax reform? The Union suspects that there will be no real tax cuts due to higher inflation. Calculations show what sums are involved.

US forces board sanctioned tanker in Indian Ocean, Pentagon says

U.S. forces have intercepted multiple commercial and oil tankers in the Indian Ocean in recent months.

Here’s the downside to record-setting stock markets across the globe that are generating a wealth boom

While some Americans are enjoying the fruits of the stock market bonanza, their consumption is stirring inflation and lower-income consumers are missing out altogether, says Bank of America.

Philippines’ UN defeat: a result of domestic ‘political circus’, close ties with US?

The Philippines’ landslide defeat to Kyrgyzstan for a UN Security Council seat has dealt a blow to Manila’s long-running campaign to raise its international diplomatic profile through the prestigious body, prompting questions about President Ferdinand Marcos Jnr’s foreign policy legacy. Analysts said the loss reflected the appeal of having under-represented Central Asia play a role in the council, Kyrgyzstan’s perceived neutrality and the geopolitical baggage attached to the Philippines as a...

Hong Kong tour guide stripped of licence over coercing visitors into shopping

A Hong Kong tour guide accused of threatening visitors into making shopping purchases has been struck off for damaging the sector’s reputation and breaching professional conduct, in the second disciplinary action of its kind in less than two months. The Travel Industry Authority said on Friday it revoked Siu Man-chung’s tour guide licence after investigating complaints that Siu made “inappropriate remarks” to pressure inbound mainland Chinese visitors into shopping during tours conducted between

The Tech Download: Anthropic’s IPO sets up first big test of AI boom valuations

Anthropic took a big step this week towards pipping bitter rival OpenAI to a public market listing.

Australian fined, given suspended jail term for dining and dashing in Hong Kong

An Australian man, who claimed to be a lawyer, has been fined HK$2,000 (US$255) and given a suspended sentence by a Hong Kong court for repeatedly leaving restaurants without paying. Samuel Anthony Monkivitch, 50, was also ordered to pay HK$2,039 in compensation to two Shangri-La hotels in Admiralty and Tsim Sha Tsui, as well as a Japanese restaurant, after skipping out on bills on four occasions between April 24 and May 5. Eastern Court heard on Friday that Monkivitch used various excuses to...

Buying a house: The real estate dream often fails due to equity

Higher interest rates, age, job: There are many things that are currently making it difficult to finance a property. What real estate agents recommend when buying a house or apartment.

Indian central bank holds firm on key rate but raises inflation forecast

Xi heads to North Korea, tech transfer clampdown, inflation pickup

Chinese President Xi Jinping will make a state visit to North Korea next week, his first overseas trip this year and his first to the hermit nation since 2019. The trip will take place on Monday and Tuesday, Xinhua said without elaboration. Xi’s last official overseas excursion was to South Korea in October, when he met US President Donald Trump and attended a regional summit. Xi’s visit underscores a rebound in relations with China’s only formal ally following relative isolation during the...

India scraps tax on overseas bond investors in bid to attract foreign capital and shore up the rupee

India has announced several measures to boost capital inflows, including the scrapping of capital gains tax for foreign investors in government bonds.

Dax current: Dax at the previous day’s level – US labor market in focus

At the end of the week, investors look at the current developments in the Ukraine war. The latest report on the situation on the US labor market is particularly crucial for the Fed.

Malaysian state polls loom as Negeri Sembilan snap vote tests Anwar’s alliance

Malaysia is heading into a run of state elections, including two triggered by early assembly dissolutions, after Negeri Sembilan became the latest state to call a snap poll amid fraying ties inside Prime Minister Anwar Ibrahim’s ruling alliance. While the polls will not directly affect Anwar’s parliamentary majority, they will test whether his federal partners can keep their coalition functioning at the state level or whether local disputes will deepen the fractures between them. On Friday,...

Shadow of old dictatorship looms over Peru’s bitter presidential run-off

Peru’s duelling presidential hopefuls made a final pitch to voters on Thursday, capping a bruising and razor-tight race dominated by anger over rising crime and political instability. Conservative Keiko Fujimori and leftist Roberto Sanchez staged rival events in Lima ahead of Sunday’s vote, with ardent flag-waving supporters arguing their “communist” or “dictator” opponents would bring the country to ruin. “We cannot let them win with communism and terrorism,” said bandana-wearing 65-year-old...

India's cenbank cuts growth outlook, raises inflation forecast as it keeps rates steady at 5.25%

RBI raised its inflation projection for the year ending March 2027 by 50 basis points to 5.1%, while cutting growth forecast to 6.6% for the year, from 6.9%.

Philippine inflation eases but stays high at 6.8% as rate hike looms

Quarantine in Texas: US races to contain deadly flesh-eating parasite

Following the ⁠first confirmation of screwworm, a flesh-eating parasite, on a US farm in decades, federal and state officials have fanned out in South Texas, where a calf was found infested this week. US Agriculture Secretary Brooke Rollins said on Thursday no other infestations of cattle or other animals have been detected around the confirmed case. The case in La Pryor, Texas, was a blow to US cattle ranchers who have been bracing for a domestic outbreak of New World screwworm as the fly...

The real story of 11 Skies is not about a failed shopping centre

Few things age faster than a business plan built for a world that no longer exists. That may be the most important lesson from the saga of 11 Skies, the vast retail, entertainment and commercial complex beside Hong Kong International Airport that now appears destined for a dramatic reset. Reports that the Airport Authority could take majority control of the project from its private developer have triggered debate over who should bear the cost and who made the wrong bets. The real story of 11...