Finance news

Finance: Iran war pushes inflation in the euro area to 3.2 percent

The oil price shock with the Iran war is driving up consumer prices in the currency area. This increases the pressure on the ECB to react to its interest rate decision next week.

Inflation: Inflation in the euro zone rises to 3.2 percent in May

Inflation in the euro zone is rising to its highest level in two and a half years, driven by services. The ECB is likely to respond to this next week.

$90 Oil Could Lift India’s Inflation to 4.8% and Slow GDP Growth

India’s inflation is set to accelerate to 4.8% in the fiscal year 2027, if oil prices average $90 per barrel through March next year, Indian wealth and asset manager 360 ONE Capital said in a report on Tuesday. “Our revised base case assumes de-escalation by mid-June, with crude oil averaging $90/bbl in FY27,” the asset manager said, as carried by Indian media. Under this scenario, consumer prices are set to rise to 4.8% while GDP growth would moderate to 6.3% from 6.7% previously expected, acco

Japan and Philippines Trump-proof efforts to check China's ambitions

China’s LNG Imports Recover Ahead of Peak Cooling Season

China imported 4.9 million tons of liquefied natural gas last month, a slight increase on an annual basis, Bloomberg reported today, citing shipping data. The rebound comes ahead of a likely jump in electricity demand over the summer as air-conditioning demand rises. The May figure is also a reversal of import trends from the previous few months, which booked a series of declines amid crimped supply from the Middle East that led to significantly higher prices, dampening importers’ appetite and g

Dax current: Dax opens in positive territory – Iran and euro inflation in focus

Conflicting statements about the Iran war have so far left the markets unaffected - rather, investors are positioning themselves in one direction. But the recent surge could be short-lived.

Philippine Senate deadlock deepens after Estrada arrest, complicating Sara Duterte’s trial

The arrest of Philippine Senator Jinggoy Estrada has deepened a stand-off in the Senate, leaving the chamber split between two 11-member blocs and raising the risk of a wider political crisis, analysts told This Week in Asia. They warned the stalemate could stall legislation, delay military appointments and complicate Vice-President Sara Duterte-Carpio’s impeachment trial, leaving the Senate’s basic ability to do business hostage to a factional power struggle. Estrada, chairman of the Senate...

International role of the euro increased moderately in 2025

European stocks rebound as investors await key inflation data; Abivax shares tumble

Investors are awaiting data that will shed further light on the economic impact of the U.S.-Iran war.

‘Humiliation’: video shows basketball coach slapping boy, ordering self-harm

A viral video showing a basketball coach forcing a pupil to slap himself in front of others at a Hong Kong school has sparked concern from a child protection group, which warned the act could cause physical injury and emotional harm. In a video circulating on social media platform Threads on Tuesday, three men in white T-shirts are seen standing around a boy at a school playground in broad daylight, surrounded by other students wearing basketball jerseys. The man in the middle first takes a...

The Eighty Billion Dollar Perspective Dilemma: 2026 Edition

When it comes to inflation, you might be able to do the new math, but I say that's a danger because you can't change your financial thinking or your emotional money ideas fast enough or thoroughly enough. I remember movie tickets for 12 cents and gas at 23 cents a gallon, but so what? Is Google's $80 billion stock sale trivial or vital? Remember that Google’s original initial public offering (IPO) on August 19, 2004, raised a total of $1.67 billion in capital, giving the company an initial marke

Philippine President Marcos’ ratings hit record low as inflation bites

Philippine President Ferdinand Marcos Jnr’s net satisfaction rating has hit an all-time low, with observers citing deep-seated economic anxieties as the main driver behind the slump – even as expanded media exposure has helped boost awareness of his foreign policy initiatives. The latest Social Weather Stations survey put Marcos’ net satisfaction rating at minus 15 in March: a 12-point drop from minus 3 in November 2025 and the worst figure of his presidency, eclipsing the previous nadir of...

Why have Japan and the Philippines’ maritime boundary talks angered China?

The waters off eastern Taiwan have become a new flashpoint after Tokyo and Manila announced formal negotiations to delimit the maritime boundary of the exclusive economic zones (EEZs) and continental shelf between Japan and the Philippines. On Monday, China’s coastguard carried out enforcement patrols in the region, exercising Beijing’s claimed right to maintain its own EEZ and continental shelf rights under both domestic and international law. The Taiwanese coastguard said it shadowed and...

Amazon's four-day Prime Day event starts June 23, as shoppers battle inflation

Amazon's four-day shopping fest comes after U.S. consumer sentiment dropped in May to a record low.

Calls for faster rehousing of evicted Hong Kong subdivided flat tenants

Hong Kong authorities should offer more timely and flexible urgent accommodation for residents uprooted by a new regulation aimed at eliminating the city’s notorious subdivided flats, lawmakers have urged. Their comments were made on Tuesday after the Housing Bureau briefed lawmakers on plans to reserve up to 180 transitional flats in urban and extended urban areas to tenants evicted on short notice. Scott Leung Man-kwong, deputy chairman of the Legislative Council’s housing panel, said he...

What do people think of the Quantinuum (QNT) ipo?

With QUANTINUUM (QNT) ipo-ing on Jun-03-2026, what do you guys think of the company and quantum computing story? IBM and the other quantum stocks are popping off and QNT wants to take advantage of the momentum. I think it will price in the high end at $55. position: 100 shares submitted by /u/ora408 [link] [comments]

Is buying before Ex-Date In a LOW TAX BRACKET free money?

Let's say my income is very low as a retiree, student, etc. To a hedge fund or rich person owning a stock, if they receive a $1 dividend it's really not worth $1 because of taxes. It's probably worth $0.70, so the stock should drop by (1- average stockholder tax rate) * dividend amount in theory, right? if it actually drops proportional to the dividend that doesn't make sense in efficient markets. I would just sell before the dividend hits and re buy at that cheaper price to not pay taxes on the

In Japan, ethylene shortage may cause bananas to ‘disappear’ from dining tables

Japan is slipping towards a banana shortage crisis, the latest disruption linked to the Middle East conflict. The reason: the country ships in the tropical fruit while it is still green, then ripens it in rooms filled with ethylene before bunches reach store shelves. Supplies of the naphtha-derived gas are running low in an economy that imports more than 90 per cent of its crude oil. Japan bought about 1 million tonnes of bananas last year, making the fruit one of the country’s most important...

Global Prosperity Summit 2026 maps out Hong Kong’s aerospace potential as city’s first astronaut takes flight

As Hong Kong sent its first astronaut into space, leading industry experts at the Global Prosperity Summit 2026 (GPS 2026) said the city was well positioned to be a facilitator of aerospace development by tapping into emerging opportunities in the aerospace economy and contributing its professional services expertise to this burgeoning field. Just days before it was announced that Hong Kong’s Lai Ka-ying would join the Shenzhou-23 mission to China’s Tiangong space station, experts who spoke at..

China steps up Alzheimer’s, Parkinson’s drug push, looks to TCM

To head off a public health crisis, China is stepping up efforts to find new treatments for Alzheimer’s disease and Parkinson’s disease. As its population ages, the country already has more cases of these neurodegenerative diseases than anywhere else in the world and their prevalence is rising faster than the global average. Cases of Parkinson’s disease in China are forecast to rise from 3.6 million in 2024 to 10.5 million in 2050, while the number of people in China with dementia is projected..

Lars Feld: Germany has to prepare for a recession with relatively high inflation

In view of the economic situation, the federal government is struggling to implement reforms in the social sector. The system of income redistribution is under scrutiny. A guest post.

Advice: worry and real estate investment

Disclaimer: IMMO / CREDIT fits equally well as a flair, but I had to decide. Hello everyone, I'm currently at a mental crossroads regarding two investments I acquired in 2023 and I just need to get in touch/get advice about investment doubts from someone who has been playing the game for a while. I am 27 years old. young career starter with a good salary realized a little late that my daily money & current account was at the latest from 70k in terms of effective purchasing power thanks to inflation in front of my working eyes

FedEx Freight CEO says the spinoff will help the company 'leapfrog' competitors

FedEx Freight CEO John Smith said the company's separation from FedEx will allow it to invest more aggressively in growth initiatives.

Philippines’ bet on shaky investment pledges from the US risks China’s ire

“You have absolutely no idea of what you’re talking about. The whole point of Pax Silica is to partner with countries who are good at doing different things because everyone wins from a secure supply chain,” wrote US Undersecretary of State for Economic Affairs Jacob Helberg on a social media website in response to an online critic of the US strategic initiative with the Philippines. The spirited exchange came after Manila’s reported rejection of a request to extend diplomatic immunity to US...

There's Enough Hydrogen Underground to Power Earth for 170,000 Years

Green hydrogen has been hyped as a silver bullet solution to decarbonize hard-to-abate sectors like steelmaking and industrial shipping for decades now. It can be combusted at high heats like fossil fuels, but leaves behind nothing but water vapor when it burns, rather than world-heating greenhouse gas emissions. So why does green hydrogen still represent less than one percent of all hydrogen production in the United States? The simple answer is that producing green hydrogen is expensive, and us

McDonald's unveils new global growth strategy to win over diners as competition rises

McDonald's new growth plan comes as inflation and high gas prices mean restaurants are competing for a smaller pool of customers.

The return on the statutory pension is a bet on real wage growth

Complaining about pensions is a daily occurrence here, but the Council of Experts aka Economists and the Institute for Macroeconomics and Economic Research postulate slightly positive real returns (in some cases even ~2% real for those born after 1990) for the DRV. At first I think that's subjective nonsense, which is why I tried to find out what my IRR, i.e. internal rate of return, might look like for the statutory pension. Assumptions: - 33 years old now, started paying into the DRV at 26 - no

The federal government plans to make it harder for you to sue your employer over alternative 401(k) investment options

The Department of Labor’s proposal suggests six factors employers should consider when offering alternative investments in workplace retirement plans.

Wall Street’s red-hot momentum trade is still winning, as strategy delivers best 2-month gain on record

The S&P 500 Momentum Index is ripping higher as semiconductor stocks power the stock market upward.

Pentagon policy illegally banned transgender troops from military, appeal court rules

A Pentagon policy illegally banned transgender troops from military service, a divided panel of federal appeal court judges ruled on Monday in another legal setback for US President Donald Trump’s sweeping agenda. The majority opinion – by a three-judge panel from the US Court of Appeals for the District of Colombia circuit – held that the Trump administration’s policy was designed to exclude people from the military based on their gender identity. The ban will remain in effect for now. The US..