Finance news

Social◇ unclassifiedeurope · usa

30M: 58k€ NW, Debt-Free. Sitting on 31k€ cash & stuck.

Hi everyone, I’m 30, single, and just got a promotion. My net income is now 2800€ (well above my local average). I fully own my apartment and have no debts. Monthly expenses: 1k € – 1.2k €. Current Portfolio (~58k€ total): Investments: ~26.5k € (Spread across VWCE, AVANTIS, local bank funds). Currently adding 400 €/month. Cash / Savings (2.7% APY): ~31.2k € The Problem: My 12-month emergency fund only needs to be 12k €, so I have 19k € in excess cash. I kept it liquid as a potential 30k € down p

◇ unclassifiedchina · asia

Malaysia’s import ban pushes Thai shrimp industry to brink

Thai shrimp farmers have warned they face being driven out of business after Malaysia banned imports of five shrimp species over apparent safety concerns, as the industry also grapples with disease outbreaks, rising competition and renewed US tariff threats. Malaysia issued a temporary ban on June 1, also tightening import requirements for Thai sea bass. The move was a gut punch for Thailand’s seafood industry, which exports 10,000 tonnes of shrimp across its southern border each year. Bangkok..

◇ unclassifiedchina · asia

China conducts test flight of a giant coil array. Can it detect nuclear submarines?

At an undisclosed test site, a helicopter takes off, towing a kite-like array of massive coils. The system, called Airborne Transient Electromagnetic (Atem) detection, works by firing a powerful pulse of electricity through a giant transmitter coil. This creates a brief, strong electromagnetic field that penetrates the ground or water. When the pulse is turned off, the magnetic field induces tiny, decaying “eddy currents” in any conductive material it hits. These currents, in turn, create their.

◇ unclassifiedchina · asia · europe

Malaysia’s opposition bloc in turmoil as PAS cuts ties with Bersatu

Malaysia’s most powerful Islamist party has cut ties with a former electoral ally, blowing open a bitter feud within the country’s main opposition bloc as several key elections loom. Pan-Malaysian Islamic Party (PAS) president Abdul Hadi Awang announced late on Monday that the party’s central working committee had decided to “terminate political cooperation with Bersatu”, endorsing an earlier decision by its Syura Council, the party’s highest religious decision-making body. The partnership had..

◇ unclassifiedgermany · europe · india

Investment: “Opportunities that the German economy does not want to miss”: trade deal creates a new boom in India

Even before the EU-India free trade agreement comes into force, German companies are planning concrete investments locally. Only a few developments dampen optimism.

Spying in Xinjiang? No, I was reporting from China’s energy heartland

As the war in Iran disrupts global oil and chemical supplies, China’s coal-heavy energy sector is seizing an unprecedented opportunity. Dannie Peng visited Xinjiang Uygur autonomous region to witness the operations of one of China’s four major bases for large-scale, modern coal-chemical production. In this reporter’s note, she documents her observations and experiences during the trip. For her reporting, read the two-part series here. As a journalist working for a non-local, non-state media...

Sacking of school principal for Singapore row is ‘death sentence’, lawmaker says

A Hong Kong school that summarily dismissed its principal after he was filmed swearing at security guards in Singapore could face a high legal threshold to justify the move if the dispute goes to court, a lawmaker has stated, likening the decision to a death sentence in the labour sector. Another lawmaker said the termination might affect the principal’s provident fund payments. Lee Cheuk-hing, the former principal of San Wui Commercial Society Secondary School in Tuen Mun, said last Friday that

Social◇ unclassifiedsocial-signal

Covered Call LEAPS Strategy on Bloom Energy (BE) – Am I Crazy or Is This Solid?

I’ve been thinking through a longer-term income + upside strategy and wanted to get this sub’s take before I put real money behind it. The trade I’m considering: Buy 1,000 shares of Bloom Energy (BE) at ~$250/share Total cost: ~$250,000 Sell 10 covered call contracts (fully covered) Expiration: June 2028 Strike: $480 Premium: ~$100 per share ($10,000 per contract / $100,000 total) What this looks like mechanically: I collect $100,000 upfront in premium That effectively lowers my net cost basis f

How Fake News Could Send Oil Prices Soaring

Oil has been surging since the beginning of the Iran war, taking barrels off the market—but the market has no way of knowing, in real time, whether the next disruption it reacts to actually happened because energy prices don’t wait for confirmation. They move on the first credible signal, and in a conflict where strikes, explosions, and conflicting reports are constant, a fabricated event doesn’t need to prove it’s real; it just needs to fit the pattern long enough to be priced. That’s the gap H

China’s Subsidy Machine Is Reshaping Global Capitalism

The COVID-19 pandemic and the geopolitical conflicts to follow exposed severe weaknesses in global supply networks, prompting governments, caught off guard and complacent, to pour money into critical sectors like semiconductors, critical minerals, and pharmaceuticals to prevent future shortages and reduce dependence on geopolitical rivals. Consequently, governments across the globe have increasingly been doling out state subsidies to local firms in a bid to secure supply chains, accelerate the t

ICC suspends British chief prosecutor over sexual misconduct claims

The embattled chief prosecutor of the International Criminal Court (ICC) was suspended from his duties late on Monday, after the court’s oversight body referred Karim Khan for disciplinary proceedings. In a scandal that has dragged on for more than two years, Khan is facing allegations of sexual misconduct with a female aide. He has steadfastly denied any wrongdoing. A final decision on the fate of the British barrister is now up to the Assembly of States Parties, the body that oversees the ICC,

◇ unclassifiedgermany · europe

Artificial intelligence: OpenAI files for an IPO

A few days before SpaceX's planned IPO, the ChatGPT developer confirmed that it had also submitted an IPO application - this could apparently take place as early as autumn.

◇ unclassifiedgermany · europe

Artificial Intelligence: OpenAI has filed a confidential IPO application

A few days before SpaceX's planned IPO, the ChatGPT developer confirmed that it had also submitted an IPO application - this could apparently take place as early as autumn.

35d06/08⚠ shipping-routes · 3/5

Risks to Red Sea Oil Exports Could Roil Oil Market Further

This weekend’s escalation between Iran and Israel showed just how hopes of a deal could be, and how traders may be too complacent about the ongoing oil supply disruption. Since Iran moved to close the Strait of Hormuz more than three months ago, global oil inventories and China’s more than 1.2 billion barrel stockpile, high levels of oil volumes on water, and the ability of Saudi Arabia to quickly re-route its exports not to depend on the Hormuz chokepoint have kept oil prices from soaring to re

Social◇ unclassifiedeurope

Easy gains with investing on 1st days of SpaceX?

I just asked AI how the lock-up periods work: • After Q2 earnings (late June): up to 20% of insider shares unlock • 70–135 days post-IPO: 7% unlocks 5 times (35% total) • After Q3 earnings (Oct–Dec): another 28% unlocks • 180 days post-IPO (mid-Dec 2026): all remaining shares fully unlocked Elon Musk’s shares: locked for 366 days (full year) Special 5%: Some employees/friends get shares exempt from lock-up entirely[reuters] Standard IPOs = all shares unlock at 180 days. SpaceX = gradual releases

◇ unclassifiedchina · asia · europe

US$4.7 ⁠billion US-Canada bridge nears opening despite earlier Trump threat

⁠A ⁠new US$4.7 ⁠billion bridge connecting Detroit, Michigan and Windsor, Ontario is on ‌track to open in the coming weeks despite a threat made in ⁠February by US ‌President Donald Trump, a bridge authority said ‌on Monday. A formal ⁠ribbon ⁠cutting is expected ‌later this week, a source ‌told Reuters. ‌Detroit media ‌outlets reported on ⁠Monday the Gordie Howe International ⁠Bridge is expected to open ‌to traffic ‌on June 15. The ribbon-cutting invitations went out on Monday after a...

35d06/08⚠ war-conflict · 3/5

Global Economy Is One Oil Price Spike Away From Trouble

Oil prices began this week with a jump following the latest flare-up of hostilities in the Middle East, this time between Iran and Israel. This is worse news for the global economy than it would have been a month ago. The world’s oil reserves are starting to run dry, and nothing is replenishing them. Warnings are multiplying that the world is facing an unprecedented squeeze on oil supplies, and prices are about to surge much higher. The latest to join the growing chorus of warnings were Chevron

◇ unclassifiedmiddle-east · usa

Texas Gas Drillers Shut Out of Oil Price Rally Shut Off Wells

Two extremes are currently playing out in the Permian Basin.

Big Tech's Hottest New Energy Fix Doesn't Generate Any Power

The artificial intelligence boom is driving a new wave of energy innovation as the public and private sector scramble to match planned energy capacity additions with projected demand. Experts expect that energy demand from data centers in the United States alone will skyrocket by almost 360% between now and 2030 to reach 110 GW. Meeting this demand while keeping energy affordable and sustainable presents an enormous challenge for world leaders, and will require creative thinking and major techno

36d06/08⚠ war-conflict · 3/5

Asia's Coal Demand to Jump 70 Million Tonnes in 2026 as LNG Shortfall Bites

The Middle East conflict has dealt a lasting blow to Gulf energy infrastructure, causing billions of dollars in damage and catapulting energy security to the top of the global agenda. Rystad Energy's research shows the fallout is driving a significant near-term surge in Asia-Pacific (APAC) thermal coal demand, with an additional 150 million tonnes (Mt) of cumulative consumption projected through 2030, roughly half of which is expected to land in 2026 alone. The driver is not a policy reversal bu

◇ unclassifiedmiddle-east · usa · iran

Oil Climbs as Israel, Iran Pause

Oil price rise was stunted as Israel and Iran signaled they may avoid further escalation.

Social◇ unclassifiedgermany · europe

Are we heading towards a new era like during industrialization? What are the consequences of this?

Actually the question is more of a rhetorical one. The rich are getting richer faster and faster, while the general public is being strangled financially by rising costs of living and is only involved in distribution battles between young/old, majority/minorities over the few crumbs. The idea of acquiring property is a fantasy for most people, and the benefits you receive are becoming less and less. This is a process that runs more or less in all Western countries.

36d06/08⚠ shipping-routes · 3/5

The Quiet Peak of the Internal Combustion Engine

If you follow energy markets closely, you could be forgiven for thinking that oil remains as indispensable as ever. Every geopolitical crisis seems to reinforce the narrative. Tankers moving through the Strait of Hormuz dominate headlines, analysts obsess over crude price forecasts, and politicians continue to speak about energy security largely through the lens of oil supply. Yet beneath the daily noise of energy markets, something remarkable has already happened. According to International Ene

36d06/08⚠ war-conflict · 2/5

The Day After in Cuba: What American Military Force Can and Cannot Do

[Excerpt from essay by Ricardo Zuniga, retired U.S. Foreign Service Officer who served on the National Security Council as President Barack Obama’s adviser for the Americas from 2012 to 2015 and participated in Obama’s diplomatic opening to Cuba.] On the beaches east of Havana, you can still see rusted remnants of watchtowers on the roofs of buildings along the island’s northern coast. Constructed in the early 1960s, after the failed Bay of Pigs invasion, these emplacements were designed to prov

Social◇ unclassifiedusa · china · middle-east

36d06/08⚠ war-conflict · 3/5

Airfares Are Set to Rise Again as the Fuel Crisis Deepens

Prices for flights will shoot up again if fuel costs stay high, the chief of British Airways has warned. The airline’s chief executive, Sean Doyle, said there is “no getting away from” the fact that “if fuel goes up, fares have to go up.” Since the Iran war began in February, jet fuel prices have soared. Despite ceasefire talks, the Strait of Hormuz – which supplies around 40 per cent of Europe’s jet fuel – remains closed. Following BA's warning of a possible increase in prices last month to off

36d06/08⚠ war-conflict · 1/5

Was Riester always bad?

You always hear that Riester contracts are not worth it and that you often end up with a miserable return or perhaps even get less than you paid in. When I read the reports, I sometimes get the impression that all of this came out as a surprise in the last few years, that it wasn't worth it. But isn't it the case that we could have seen how little it was worth when the contracts were signed? Did people just not look closely? Ode

Social◇ unclassifiedgermany · europe

36d06/08⚠ war-conflict · 3/5

US adds Alibaba, BYD and other Chinese tech champions to military company blacklist

The Pentagon has designated Alibaba, BYD, Baidu and more than a dozen other prominent Chinese companies as “Chinese military companies” operating in the United States, widening a blacklist that has become an increasingly effective tool in Washington’s campaign to restrict China’s access to American capital, technology and government contracts. In a Federal Register notice scheduled for publication on Wednesday, the US Defence Department said the Under Secretary of Defence for Acquisition and...

36d06/08⚠ war-conflict · 2/5

Congress moves toward approving $70 billion for ICE and CBP through Trump's presidency

The U.S. House is expected to vote this week on a $70 billion measure to fund Immigration and Customs Enforcement and Customs and Border Protection after delay.

◇ unclassifiedusa

36d06/08⚠ shipping-routes · 2/5

Iranian Official Says Hormuz to Reopen with New Toll Regime

The Strait of Hormuz will ultimately reopen but Iran and Oman will set new conditions for passage, including transit fees, Kazem Jalali, Iran’s Ambassador to Russia, told Russian daily Izvestia in an interview on Monday. “Of course, this strait will be open, but with new conditions to be determined by the Iranian and Omani authorities,” Reuters quoted Jalali as telling the Russian newspaper. “We understand that Iran and Oman provide certain services related to this strait. And fees will be charg