Finance news

US price-fixing probe on Singaporean tycoon signals consistent legal approach

The US indictment of Singapore-based shipping tycoon Teo Siong Seng in a price-fixing scandal has raised questions about Washington’s determination to pursue prominent figures from friendly countries, though legal experts say the case conforms to established American antitrust practice. Teo, the 71-year-old chief executive of Hong Kong company Singamas Container Holdings, has several prominent executive roles, including sitting as chair of the Singapore Business Federation and on the...

ECB appoints three Directors General

[Tagesschau] Real wages are rising again - why inflation is becoming a danger

Is this supposed to be a joke? In which world have real wages increased annually? submitted by /u/SirCornFlak3 [link] [comments]

Uber president says AI spending is getting ‘harder to justify’

After reportedly exhausting its annual AI budget just four months into 2026, Uber is now questioning whether it’s actually seeing meaningful returns on its investments. In an interview with Rapid Response, Uber president and chief operating officer Andrew Macdonald said the company isn’t seeing a connection between rising token consumption for Claude Code and more useful features being delivered to consumers. ... “We’re going to have to start talking about [AI] token consumption and the associat

Federal Reserve Board issues enforcement actions with former employee of Atlantic Union Bank and former employee of Frost Bank

Federal Reserve Board issues enforcement actions with former employee of Atlantic Union Bank and former employee of Frost Bank

Meeting of 29-30 April 2026

IEA Sees Oil Investments Dropping for 3rd Year

Despite higher oil prices, spending on oil projects is set to drop below $500 billion in 2026, according to the International Energy Agency's annual World Energy Investment report.

Piero Cipollone: Money in the digital age

Christine Lagarde: When It Matters Most: Upholding Independence in Challenging Times

Pentagon eyes drone testing ground in Mississippi

U.S. Special Operations Command is looking to build a new testing ground for drones in Mississippi.

Is it a good time to buy CSL and Cochlear? They seem extremely cheap right now.

Hey everyone, I'm based in Europe but I've been keeping a close eye on CSL and Cochlear (COH) lately. They both look ridiculously cheap right now after taking massive hits on the ASX, dropping down below $100 AUD. Given their historical market dominance and long-term potential in the healthcare space, I'm really tempted to start building a position. But since I'm pretty removed from the everyday news of the Aussie market, I wanted to ask if you guys think they are actually a good buy at these cu

Financial stability vulnerabilities remain elevated as geoeconomic shock unfolds

Luis de Guindos: Financial Stability Review - May 2026

Deal with US not imminent, Iran says

Excerpts from article by the BBC's Paulin Kola: Iran says some progress has been reached in talks with the US, but a deal "is not imminent". Foreign ministry spokesman Esmail Baqai's remarks came after US Secretary of State Marco Rubio said an agreement could possibly be reached on Monday. "It is correct to say that we have reached a conclusion on a large portion of the issues under discussion," Baqai said in Tehran on Monday. "But to say that this means the signing of an agreement is imminent -

Unwinding from a FA disaster

Had a few accounts with a ML advisor that he put into a sector rotation plan. 1/3 of it is in an inherited ira that needs to be zero in the next 6 years. The account did decent but we didn’t feel like the advisor wanted a smaller account. We moved to a “boutique” advisor that has done nothing with the accounts in a year. Sectors have changed in the last year and nothing has been done. Our portfolio is lagging way behind the S&P because of this advisor doing nothing. Each account has 20% in appro

Here are the 3 big things we're watching in the stock market in the week ahead

The holiday-shortened week of trading will address key debates including AI's impact on software and inflation.

Gold kaufen: Anleger halten Gold für attraktiver als Aktien

Die Aussicht auf Ruhe am Persischen Golf lässt Inflations- und Zinssorgen zurückgehen und den Goldpreis wieder steigen. Einer Umfrage zufolge bevorzugen Anleger das Edelmetall derzeit als längerfristiges Investment gegenüber Aktien.

Oil Prices Fall 6% as U.S.-Iran Peace Talks Gain Ground

Oil prices were sharply lower on Monday following comments by President Donald Trump that diplomatic negotiations with Iran are advancing, easing market fears of severe energy supply disruptions due to the Middle East conflict. Brent crude for July delivery fell 5.9% to trade at $97.44 per barrel at 7.45 am ET in Monday’s early morning session, slipping below the $100-per-barrel mark for the first time in nearly three weeks while the corresponding WTI contract fell by a similar margin to trade a

19 taken to hospital in Japan after suspected tear gas released in Tokyo mall

A suspected tear gas incident at Tokyo’s Ginza Six luxury shopping centre left 26 people feeling unwell on Monday, prompting a large emergency response in one of Japan’s most famous commercial districts. The incident took place around noon at the mall in Tokyo’s Chuo ward after police received an emergency call reporting an irritating smell and people coughing inside it, Japanese media reported. Nineteen of the 26 people affected were taken to hospital after complaining of symptoms including...

Deutsche Anleihen legen deutlich zu

Die Entspannung im Nahen Osten treibt nicht nur die Aktienkurse. Auch die Sorgen, EZB-Präsidentin Christine Lagarde könnt die Zinsen kräftig anheben, lassen nach – das lässt Anleihekurse steigen.

Rubio Plays Down Imminent U.S.-Iran Deal

The U.S. will deal with Iran “another way” if it does not reach a good deal with the Islamic Republic, U.S. Secretary of State Marco Rubio said on Monday, playing down hopes that an agreement is imminent. Following signals from Washington during the weekend that the U.S. and Iran could be nearing a framework agreement, oil prices plunged on Monday in Asian trade, with Brent Crude prices slipping below the $100 per barrel mark. However, losses were being contained at about 3-4% in the morning in

Philippine rescuers race to free workers trapped after hotel collapse

Philippine rescuers were racing against time on Monday in a search for possible signs of life more than 24 hours after the collapse of a building under construction in the city of Angeles, with crews carefully removing rocks and surrounding debris by hand. The painstaking manual operation around 80 km (50 miles) north of the capital Manila underscored the difficulty of the rescue effort, ‌carried out under scorching heat, with authorities unable to rely on excavators and other machinery for fear

Reihenhaus Top-Lage mit Erbpacht

Wie schätzt ihr dieses Reihenhaus ein? Ich habe mir ein Reihenhaus aus den 50ern angeschaut und fand die Kombination aus Lage, Zustand und Charakter ziemlich spannend, bin aber unsicher wegen der Erbpacht. Das ganze Ding ohne kaufnebenkosten sind 285k. Ich kann auch noch ein Gegenangebot machen. Eckdaten: Top Lage Reihenhaus Baujahr 1957 ca. 101 m² Wohnfläche + großer Keller Energieklasse C Gasverbrauch zuletzt ca. 10.000–11.000 kWh/Jahr eingewachsener Garten direkt an viel Grün/Wald sehr ruhige

Ireland: Staff Concluding Statement of the 2026 Article IV Mission - International Monetary Fund | IMF

Ireland: Staff Concluding Statement of the 2026 Article IV Mission International Monetary Fund | IMF

AI capex just got revised up $225B in 6 months and earnings are actually following it, this is not how bubbles work and it's messing with my thesis.

So hyperscaler capex started 2026 at $515B and it's now $740B mid-year, with 2027 already pencilled in at $889B that's 2.7% of US GDP going into AI infrastructure, in 2019 this number was 0.3%. The part that's really breaking my bubble thesis is that EPS is actually moving with it. tech earnings estimates for 2027 are up nearly 20% YTD and in 1999 profits lagged the spending by a mile that's not what's happening here, at least not yet, also nobody seems to be talking about the equity returns in

Dozens injured in Japan after man sprays ‘smelly’ liquid in Tokyo shopping centre

Around 20 people were injured at a luxury shopping complex in the Japanese capital of Tokyo on Monday after a man sprayed a substance inside, police and fire department officials said. Tokyo police spokesman Yusuke Koide said that a man sprayed a substance at an ATM on the ground floor of the building, while a local fire department official said “around 20 people were injured” after a report of a “smell”. The road in front of the mall – located in the touristy and upmarket shopping district of..

Singapore reports lower-than-expected inflation for April at 1.8%, revises economic growth higher

Core inflation — which strips out prices of private transport and accommodation — came in at 1.4%, against estimates of 1.7%.

Singapore train operator steps up pest control after rat seen cavorting in carriage

Singapore train operator SMRT will be stepping up pest control measures at its stations and depots after a video circulating online showed a rat on one of its trains. In the video posted on social media on Saturday, a rat is seen scurrying around the cabin of a train as two people attempt to corner it. People are also seen lifting their legs to avoid it as it scurries past them. “SMRT is aware of a post online about a rat sighting on board one of our trains on the East-West Line,” said SMRT...

Death toll rises to three with 17 still missing after Philippine building collapse - Reuters

Death toll rises to three with 17 still missing after Philippine building collapse Reuters

European Gas Storage Can’t Survive 3 More Months of Hormuz

Europe could face a critical shortfall in natural gas stocks if shipping disruptions through the Strait of Hormuz persist for another 1-3 months, senior executives at Norwegian energy giant, Equinor ASA (NYSE:EQNR), have warned. Europe entered the current summer refill season with severely depleted gas reserves, with gas stores only 28% full following a prolonged winter. Europe’s storage levels are currently at 35-37%, significantly below the 50% seasonal norm, increasing the risk that the conti