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8d07/03

Alberta and Ottawa Greenlight New Pacific Pipeline

Alberta’s Premier Danielle Smith and federal Prime Minister Mark Carney have made the official announcement of a new oil pipeline, to be built to Canada’s Pacific coast, broadening the access of Canadian oil producers to the Asian market. The decision is a departure from previous Liberal governments’ energy agenda, which excluded the expansion of oil pipelines due to pressure from environmentalist groups and a focus on the energy transition away from hydrocarbons. Despite his firm support for th

◇ unclassifiedmiddle-east · russia · usa
8d07/03

The average investor in Germany has around €30,000 in his portfolio

I came across this interesting fact while doing some quick research. For everyone who always wonders whether they would earn normally. The €100,000 deposit is apparently not the standard at all. The average private equity investor in Germany has a portfolio volume of around 34,900 euros. The median – i.e. the value at which one half has more and the other half has less – is around 30,000 euros. However, the values ​​vary greatly depending on age and wealth. En

Social◇ unclassifiedgermany · europe
8d07/03

India Coal Power Generation Jumps 14% in June

India's coal-powered electricity generation last month surged by 14% on the year to 120.20 billion kWh as drier, hotter weather prompted a significant increase in demand. Reuters noted in a report on the news that this is the highest portion of coal-fired generation since November 2023. Wind and solar, meanwhile, also rose as percentage of India's electricity mix, to 19% of the total in June, according to data from the country's grid operator. On an annual basis, wind and solar rose by 23%, the

◇ unclassifiedmiddle-east · russia · usa
9d07/03

‘Totally unexpected’: China’s trial Taklamakan Desert wheat yield doubles national average

A demonstration wheat plot in China’s vast Taklamakan Desert has produced a harvest nearly double the national average yield recorded in 2025, according to a project announcement. The wheat, known as Jingmai 189, was developed by the Beijing Academy of Agriculture and Forestry Sciences to withstand drought, saline soil and nutrient-poor land. The trial on a managed, heavily saline plot produced a harvest of 768kg per mu (about 11.5 tonnes per hectare or 10,278lbs per acre) compared with the...

◇ unclassifiedchina · asia
9d07/03

Singapore to welcome East Timorese workers from next year: Wong

Singapore would be opening selected sectors and occupations to workers from East Timor next year, Prime Minister Lawrence Wong announced on Friday. “This will create new opportunities for Timorese while strengthening our business and people-to-people links,” Wong said at a joint press conference with East Timor Prime Minister Xanana Gusmao in Dili. The visit, the first by a Singapore prime minister, comes a year after East Timor became a full Asean member. Wong laid out several areas where the..

◇ unclassifiedchina · asia · usa
9d07/03

Washington prepares for world-record fireworks, but will it end in a smoke show?

An “unforgettable” tribute to America, or a health hazard that will terrorise animals and pollute the environment? That is the question as Washington prepares to break the record for the world’s largest fireworks display on the United States’ 250th birthday on Saturday. The Trump administration’s “Freedom250” project has hired Pennsylvania-based Pyrotecnico to launch more than 850,000 fireworks shells across 10 sites around the Lincoln Memorial and Potomac River, starting at 10.30pm and lasting.

◇ unclassifiedchina · asia · usa
9d07/03

Kuaishou files US$3 billion Kling AI funding round to Hong Kong stock exchange

Chinese short video giant Kuaishou said on Thursday evening that its artificial intelligence video arm, Kling AI, was seeking to raise around US$3 billion in its first external fundraising round, according to a filing to Hong Kong Exchanges and Clearing. The funding round, first reported by the South China Morning Post on Wednesday, was backed by a long list of investors, spanning Chinese technology heavyweights, state-backed investment vehicles and entertainment industry participants. Baidu,...

◇ unclassifiedchina · asia
9d07/03

Hong Kong pivots to a 5-day civil service work week in 2006 – SCMP archive

This article was first published on July 3, 2006. Workers more efficient over five days: civil service chief by Ng Kang-chung Civil servants can work more efficiently and serve citizens better by not having to work on Saturdays, the city’s 6.9 million residents have been promised on the eve of implementation of a five-day week. The new working week would also help save citizens time and travel expenses if they switched to using services by fax, mail or internet, Civil Service Secretary Denise...

◇ unclassifiedchina · asia · usa
9d07/03⚠ war-conflict · 3/5

Hong Kong to keep T1 until at least 6pm as Tropical Storm Maysak comes closer

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Hong Kong’s weather forecaster will keep the No 1 typhoon signal in force until at least Friday evening, after which it will assess whether to issue the No 3 warning depending on the tropical storm’s intensity. The Hong Kong Observatory said Tropical Storm Maysak was estimated to be about 670km (416 miles) southwest of Hong Kong and was forecast to move...

◇ unclassifiedchina · asia
9d07/03⚠ war-conflict · 2/5

What a seating chart might reveal about the future of China’s military leadership

Two Chinese generals were seated for the first time alongside top People’s Liberation Army officers in a high-profile ceremony this week – a clear sign that they have emerged as front-runners for the leadership of the world’s largest standing army. During an evening gala marking the 105th anniversary of the Communist Party’s founding on Monday, lieutenant generals Zhang Shuguang and Wang Gang were seated at the front of the section reserved for military leadership. At the event, attended by...

◇ unclassifiedchina · asia · usa
9d07/03

UAE Rewrites Offshore Oil Pricing To Capture Asian Markets

Previously, we reported that Abu Dhabi’s flagship crude, Murban crude, has rapidly risen to prominence, with Murban crude futures having rapidly evolved from a regional benchmark into a primary global pricing standard. Known for its high API gravity and low sulfur content, Murban serves as a globally recognized energy benchmark traded on the ICE Futures Abu Dhabi (IFAD) exchange. By offering continuous screen-trading, deep liquidity and the removal of destination restrictions, Murban has bypasse

◇ unclassifiedmiddle-east · russia · usa
9d07/02

Tehran Is Racing the Clock to Export as Much Oil as Possible

Iran is wasting no time in returning full steam to the oil export market after the Islamic Republic and the United States agreed in mid-June on a 60-day window to negotiate a deal. Since the memorandum of understanding was signed and the U.S. blockade aimed at preventing Iranian oil exports was lifted, Tehran has exported millions of barrels of its oil and has probably raised more revenues from these sales as the discounts of the Iranian crude to benchmarks have narrowed. In the memorandum of un

◇ unclassifiedmiddle-east · russia · usa
9d07/02⚠ coups-regime · 2/5

Taylor Swift and Travis Kelce kick off wedding celebrations: ‘she is our queen’

The first act of pop sensation Taylor Swift’s wedding to NFL star Travis Kelce kicked off Thursday, with a rehearsal dinner for 100 guests ahead of a star-studded extravaganza at the famed Madison Square Garden. The billionaire singer and three-time Super Bowl champion, both 36, have kept fans guessing, but media reports describe an over-the-top celebration befitting one of the world’s most famous couples. The A-list festivities kicked off Thursday evening with an exclusive dinner for 100...

◇ unclassifiedchina · asia
9d07/02

Europe’s Energy Transition Stalls as Heat Wave Exposes the Cost of Inaction

London Climate Action Week took place during an intense heat wave last week, causing some of the planned events to be cancelled and calling extra attention to the urgency of the summit’s cause. One of the biggest takeaways of the event, underscored by the weather, is that Europe has missed critical opportunities to catalyze the clean energy transition and mitigate greenhouse gas emissions. A number of bankers present at the London Climate Action Week were in agreement that “EU authorities risk c

◇ unclassifiedmiddle-east · russia · usa
9d07/02

Carney Backs B.C. Tanker Ban as Alberta Unveils Pipeline Plan

Prime Minister Mark Carney threw a wrench into Alberta's West Coast pipeline ambitions on Thursday just hours before Premier Danielle Smith was set to unveil details of the province's long-awaited proposal. Speaking alongside B.C. Premier David Eby in Vancouver, Carney reaffirmed that Ottawa will maintain the federal ban on oil tankers along British Columbia's North Coast, effectively taking one of the most attractive export corridors off the table before Alberta's proposal even reached the fede

◇ unclassifiedmiddle-east · russia · usa
9d07/02

UK teen rapists get detention after outrage at lenient sentences

Two British teenagers convicted of rape must serve time in custody, an appeal judge ruled on Thursday, after a public outcry over a judge’s decision to spare them detention. Lower court judge Nicholas Rowland in May sentenced the two 15-year-old boys to three-year youth rehabilitation orders, saying he wanted to “avoid criminalising these children unnecessarily”. However, the sentences provoked a severe backlash, prompting Attorney General Richard Hermer – the government’s chief legal adviser –.

◇ unclassifiedchina · asia · uk
9d07/02

I’ve been on autopilot for 3 years and just checked my account for the first time in a while

I set up automatic monthly contributions in early 2023 and basically stopped paying attention. Just opened the app for the first time in maybe 14 months. Some things I did not expect: NVDA is now 31% of my portfolio. I bought it in 2022 when it was down and then mostly forgot about it. I apparently also own Palantir. I genuinely do not remember buying Palantir. My total return over the last 3 years is around 94%. I am almost certain I would have done worse if I had been checking every week. Now

Social◇ unclassifiedusa
9d07/02

Bloomberg products for a small investment firm

I'm part of a small investment firm that has eight figures under management. I previously worked for a company where we had Bloomberg Terminal and Bpipe access. I was in touch with Bloomberg to try to get access to Terminal for this investment firm I recently started working with. Since the company just started, there's not a large public presence in terms of coworkers with LinkedIn profiles filled out, a website, etc. I had a meeting with Bloomberg and it went well, but the process later stalle

Social◇ unclassifiedsocial-signal
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