Finance news

Ukraine war: Russia apparently wants to import kerosene from Japan

Ukrainian attacks on oil refineries cause shortages in Russia. The Kremlin already regulates civilian use and is looking for new sources.

Don't throw away your shot to speak to an AI Alexander Hamilton at Boston's new finance museum

Nearly a decade after leaving its former home, the Museum of American Finance is opening its new doors to the public.

Soaring Imports Push India’s Crude Stocks to Near 1-Year High

India’s strategic and commercial crude oil inventories have jumped to a nearly one-year high as the world’s third-largest crude oil buyer boosted its imports to a record high in June. As at the end of June, India’s crude oil stocks held in strategic, commercial, and refinery storage had increased to 104 million barrels, up from 90.5 million barrels at the end of April, according to data from commodity intelligence provider Kpler cited by Indian outlet Economic Times. Before the Iran war began, I

Lack of water: dry Rhine makes boatmen tremble

Heat and drought are becoming problems for waterways. Ships are already traveling with less cargo. Is that enough?

Asylum numbers: Significantly fewer people are applying for asylum in Germany

Fewer asylum seekers have been arriving in Europe since last year. In Germany, too, the number of people applying for new protection fell in the first half of the year.

Can Hong Kong’s arbitration skills help the new global space race take off?

Hong Kong is positioning itself as a middleman in the fast-growing global space economy, senior officials and experts have said, noting the city can turn its financial markets, common law system and dispute-resolution capabilities into a commercial advantage. At the 2026 Colloquium on International Law on Friday, Secretary for Justice Paul Lam Ting-kwok said Hong Kong’s “sharpest competitive edge” lay in professional services for commercial space. He added that the city was “exceptionally...

Citi: Oil Could Sink to $60 as Hormuz Traffic Normalizes

Brent Crude prices could plunge to as low as $60 per barrel by the end of the year, says Citigroup, which expects flows through the Strait of Hormuz to soon normalize and the U.S. and Iran to reach a deal in the coming months. “We continue to recommend selling any summer rallies and forecast Brent reaching $60 to $65 a barrel by the turn of the year,” Citi analysts said in a note carried by Bloomberg. “We expect the MOU to hold and turn into a deal over the coming months as incentives to de-esca

Ramp-up of E-SAF: Green kerosene for the cockpit and in the event of a crisis

Synthetic fuels are intended to make aviation climate-neutral - and could keep Europe independent of oil imports. But companies are warning: the conditions for a real production ramp-up are missing.

Ways out of the crisis: Economists: reform package not enough

The federal government wants to overcome the longest economic crisis since the post-war period with a 34-point reform package. Leading economists say: That will help - but it's not enough.

Monetary policy: Historic fall in the Danish krone - but the central bank reacts unusually little

The Danish central bank is hardly intervening, even though the price has exceeded the historical intervention signal. This could have a significant impact on companies, property owners and investors.

Riedl's Dax radar: Stock markets have the chance of a summer rally

The stock markets are unsettled. Nevertheless, more and more prices are turning upwards. Above all, the lower oil price makes further stock market records possible. A column.

India Denies Directly Exporting Fuel to Russia, But Admits Traders May Be

Indian refiners are not directly exporting any refined petroleum products to fuel-starved Russia, although some supplies from traders are likely reaching Russia, India’s Oil Minister, Hardeep Singh Puri, has said. Reports emerged earlier this week that Russia had started importing fuel from India by sea in a bid to ease the fuel shortages triggered by Ukrainian drone attacks on Russian refineries. In an exclusive Reuters report, industry sources revealed that an initial shipment of at least 60,0

Woodside Assumes Operatorship of Aussie Gas Assets from ExxonMobil

The partners continue to each own 50 percent in the Gippsland Basin Joint Venture, which supplies about 40 percent of gas needs on Australia's east coast, and 32.5 percent in the Kipper Unit JV, Woodside said.

Building Modernization Act: The Left wants to stop the planned heating law in court for the time being

The new heating law hasn't even been passed yet, and the Left faction is already taking it to court. The reason: The effects are completely unclear.

Disappointing overnight money: Comparison: Only a few banks pass on ECB interest rate increases

Despite increased ECB interest rates, the extra profit often remains with the banks. The comparison portal Biallo has examined which providers have followed the latest interest rate move.

Current oil price: More oil through the Strait of Hormuz – oil prices are increasing slightly

Oil prices are rising slightly, trading remains thin due to US Independence Day. Meanwhile, shipping traffic in the Strait of Hormuz is recovering.

+++ Football World Cup 2026 +++: Nagelsmann resigns as national coach – DFB wants Klopp as his successor

Sports director Rettig is leaving the DFB at the end of the year, Völler's future remains open +++ Ronaldo scores in dramatic win against Croatia and remembers Diogo Jota +++ The news blog.

Oil Set for Fourth Straight Weekly Loss as Hormuz Flows Return

Oil futures were on track to post their fourth consecutive weekly loss early on Friday as the tentative reopening of the Strait of Hormuz and the uptick in oil flows weigh down prices. In Asian trade early on Friday, with U.S. markets closed for the July 4 weekend, both benchmarks, Brent and WTI, were gaining about 0.5% on some profit-taking. Over the past three weeks, prices have slumped to nearly pre-war levels, with Brent now in the low $70s per barrel and WTI Crude trading below $70. The U.S

US touts regional ‘balance’ in missile sale to Singapore. What does it mean?

Washington has recently approved a proposed US$22.3 million sale of additional Hellfire missiles to Singapore, with the US State Department declaring that the transfer and associated arms support “will not alter the basic military balance in the region”. While observers say the sale is a routine purchase by the city state for training and to replenish an advanced arsenal, America’s language on the move signals a broader strategy to strengthen a network of US allies and partners while avoiding...

What is wrong with my investment split?

I’ve decided on the following investment split. I decided on this split and my main goals are to get at least 10% as an annualised return over 20 years. Is there anything glaringly wrong with the proposed split and would you recommend some other index fund? $600 - HSBC FTSE All-World Index Fund (13.88% annualised over 10 years) $400 - S&P 500 index fund (16.2% annualised over 10 years) - **selected for growth!** $400 - Nasdaq-100 / EQQQ (19.50% annualised over 10 years) - **selected for growth!*

ExxonMobil, QatarEnergy Affirm Commerciality of Cyprus Discoveries

QatarEnergy and ExxonMobil signed a 'commercial discovery declaration' with the Cypriot government for two discoveries in Block 10 in the Mediterranean Sea.

Oil Remains in a Divided Market

Oil remains in a divided market, Waleed Said, Technical Analyst at GivTrade, stated.

Editor's Choice: Weakening Yen leaves weeping foreign students and families

Japan's corporate reform genie will not go back in the bottle

PJM on Maximum Alert to Prevent Outages Amid Extreme Heat Wave

PJM Interconnection, the operator of the largest U.S. electric grid, has issued a maximum generation alert for July 3 asking power producers to maximize electricity generation amid soaring demand in the current extreme heat wave. PJM had a Maximum Generation Alert and Load Management Alert in effect for July 2 across its footprint in the eastern U.S. and Midwest. These alerts have now been issued for the PJM footprint for July 3, too. While the alert does not require any action from customers, g

Representative survey: Majority wants less dependence on China and the USA

More independence, but who pays the price? Almost every second person supports higher costs for more economic independence for Europe - but a third remain skeptical.

Japan's LNG Imports Fall 7% as Utilities Chase Cheaper Coal

Japan last month reduced gas-fired generation in favor of coal as the price of liquefied natural gas remained elevated despite multiple reports of energy flows out of the Strait of Hormuz improving. The country generated 17.3 terawatt-hours from gas-fired power plants in June, Bloomberg reported, which was down by 16% on June 2025. Coal-fired generation, meanwhile, went up by 4.6%, according to data from the nine largest Japanese power utilities. Japan has been burning more coal and less gas for

Oman walks a diplomatic tightrope over Strait of Hormuz fees, creating a ‘blind spot’ for markets

Oman is using strategic ambiguity as talks over possible Strait of Hormuz fees raise legal, diplomatic and oil market concerns.

TotalEnergies Offers Millions of Iraqi Barrels to Asia

TotalEnergies is offering millions of barrels of Iraqi crude that can be promptly delivered to Asia, according to traders, adding to a market already brimming with supply.

Where to put the money?

Hello everyone, my wife and I (both 30) + child have a total monthly income of a good €7k. We currently set aside around €3k per month. We have too little equity to build/buy a house and therefore too little income. In 3 years you might build up €100k in equity, but the interest could be somewhere else and the construction and land costs will definitely not be any lower. So context: life between Munich, Ingolstadt and Augsburg. Child goes to school there and the costs are typical for southern Bavaria