Finance news

FamilyMart Malaysia apologises, suspends worker filmed throwing hot soup at Grab rider

FamilyMart in Malaysia has taken immediate disciplinary action by suspending an employee who allegedly threw hot soup at a delivery rider, as seen in a viral video. The popular Japanese convenience store chain has apologised for the employee’s actions and for the delay in providing an update. “We have attended to the well-being of the delivery rider, cooperating fully with the authorities in their investigation and continued our own internal investigation and Domestic Inquiry in accordance with.

Artificial Intelligence: Study: Use of AI applications banned in a few companies

Do you want to ask the AI ​​for help at work or let it do something straight away? A ZEW survey shows that only a few companies prohibit this. Not everyone provides the technology.

Investments canceled: Expert sees “clear warning shots” for pharmaceutical locations

Within a few hours, two pharmaceutical companies canceled or canceled investments in Germany. An expert sees this in a larger context and chooses clear words.

What if retail decided not to participate in SpaceX IPO and provide exit liquidity for SpaceX insiders

We all see the writing on the walls whether it's the rule changes, tiny float or shorter lockup periods it's obviously how things are conveniently being manipulated to make it so retail ends up holding the bag. Well what if we didn't take the bait and just invested in everything but SpaceX. We know institutions will have to buy post fast track but chances are some will need to close positions to make room for their spacex purchase. If retail collectively sat this IPO and the buying pressure flat

Does Pete Hegseth’s volte-face on China reflect an America in decline?

Listening to US Defence Secretary Pete Hegseth at the recently concluded Shangri-La Dialogue in Singapore, I thought of the iconic Sichuan opera act of face-changing, where performers switch masks in an instant. Last year, Hegseth’s speech at the event was filled with blatant attacks on China. This year, he put on a completely different face, declaring that: “Under President Trump’s leadership, relations between the United States and China are better than they’ve been in many years.” Why this...

How everyday cooking oil is helping Japan fight an aviation fuel crisis

Japanese homemaker Maki Watanabe carefully ⁠pours into a plastic bottle the oil she used to cook her ⁠deep-fried aubergines, doing her part in her Tokyo kitchen for a national effort to ramp up production of eco-friendly jet fuel. “It would take a tremendous amount to make an aircraft fly, so I hope we can collect more,” said Watanabe, whose penchant for cooking allows her to donate about 40 litres (10 gallons) a year. Her contribution is pooled at a nearby supermarket that is among roughly 300.

In Laos, war still waits beneath the soil

Stock index: Chip developer Marvell climbs into S&P 500

Marvell Technology is moving into the S&P 500 after a strong price rally. The stock rose again in after-hours trading after daily losses. The electronics manufacturer Flex is also included in the leading index.

Can AI Save More Energy Than It Consumes?

The artificial intelligence boom has created unprecedented pressure and anxiety in the energy industry. The public and private sector alike are expending enormous amounts of effort trying to quantify the amount of electricity that will be needed to power data centers in the near future, and get ahead of the skyrocketing energy demands headed for our already outdated and beleaguered electric grids. But the answer to the energy monster that AI is unleashing could very well lie in the application o

Energy now a focus of US-China contest of the century

Given that control over energy reinforces superpower status, the contest of the century has morphed into an intense rivalry between China, a rising “electrostate”, and the United States, the world’s hydrocarbon hegemon safeguarding its position. China recognises that electricity drives its economy. Despite being a major producer of coal, crude oil and natural gas, China remains an importer of these hydrocarbons. However, with strategic patience, through its five-year plans, the country has been.

Hypothetically if you were holding close to infinitely, would VOO or QQQ be the move?

I'm in my 20s and wouldnt be touching this money for a very long time, for 25+ years. Wouldnt be touching them no matter how low they go. To maximize output and returns, is it smarter to buy QQQ or VOO in this scenario? Would be able to tolerate significant market volatility in this case. submitted by /u/Clubpenguin8888 [link] [comments]

Student M22 with a mini-job and long-distance relationship

Here's an obligatory Sankey. I am currently studying computer science in a large city in northern Germany and live with my sister in a 2-room apartment. I have a well-paid mini-job in the IT sector with just a few hours. The rent is paid by the parents, along with insurance. The high vacation costs are because my boyfriend lives in Switzerland and we go on vacation together (in central/southern Germany) every 4-6 weeks. And yes, I have YouTube P

Survey Shows OPEC Output Plunges Further

War between a U.S.-Israeli alliance and Iran has taken a heavy toll on oil supplies from the Middle East.

Joint Chiefs head makes first official visit to post-Maduro Venezuela

The visit comes five months after the high-risk U.S. military operation to remove Venezuelan President Nicolás Maduro.

Iran's threats against this Red Sea chokepoint are a big vulnerability for the oil market

Oil prices would spike if Iran's Houthi allies started attacking ships passing through the Bab el-Mandeb Strait.

Oil Retreats on Global Demand Fears

Oil prices fell as traders weighed weakening global demand against stalled US-Iran negotiations.

Trump urges new spy chief Pulte to gut US intelligence community

US President Donald Trump said Friday he wants his incoming acting spy chief to start firing employees, deepening the controversy over the appointment of a man with no previous intelligence experience. Bill Pulte, a Trump loyalist who heads the Federal Housing Finance Agency, was named by the Republican president on Tuesday as acting Director of National Intelligence. “If he cut, I wouldn’t mind that,” Trump told reporters aboard Air Force One, adding that the number of employees in Pulte’s...

Healthcare doomvesting - opportunities in dystopia

The US healthcare system is an ongoing train wreck and federal and state governments have yet to implement any real plan for fixing it other than randomly throwing cash at one segment or another. What I want to do here is provide an overview of the problems and which companies are poised to profit off of them. This is going to be long because healthcare is very complicated. I'm not including alternative medicine because grifters abound in that market so I haven't done any research on it. First l

Trump wants Bill Pulte to fire big chunk of national intelligence office staff: WSJ

President Trump's comments are sure to roil members of Congress who criticized the appointment of Bill Pulte as acting national intelligence director.

Regional Leaders Back Taliban Trade Ties While EU Holds the Line

Top level officials from Central and South Asia convened in Tashkent on June 4 to discuss regional trade and connectivity under a format known as the Termez Dialogue. Participants were unanimous in seeing a strategic need to weave Afghanistan into regional trade networks, but discussion on specific tactics to achieve that aim did not feature prominently at the gathering. For Central Asian states, the shortest route to a seaport runs through Afghanistan. But there are broader reasons for deepenin

Buying a house without significant equity?

Good evening everyone, I need an assessment about buying a house. It was always a big wish, but due to the crazy prices in the area we pretty much ruled it out for ourselves. Now our dream house is being sold in our town and the thoughts are there. About our finances: - 28 and 34 years old, both civil servants - Dzt. I have 2500€ net, from October after increasing my working hours and moving up the level I will be at 3000€. My husband has a basic salary of €3100, earned through

SPR Borrowers Owe Uncle Sam 40 Million Extra Barrels

The US Strategic Petroleum Reserve has taken a beating during the Iran war, but Energy Secretary Chris Wright says the government's emergency oil stash is headed for a surprisingly lucrative refill. Companies that borrowed crude from the SPR during the conflict will return those barrels with premiums attached, leaving the reserve about 40 million barrels larger than it would have been otherwise once the war ends, Wright said Friday. For an oil market accustomed to hearing about SPR drawdowns, em

Using student loan as a financial buffer during graduation, sensible or overthinking it?

Hey, looking for a sanity check on something I've been considering. I'm a student in the Netherlands nearing the end of my studies, currently working part-time and receiving some grants, so I have no existing debt and don't actually need the money right now to get by. I also don't have the option of financial support from family, so whatever buffer I build, I have to build myself. That context is part of why I'm thinking about this. I'm eligible for a government loan through DUO under the SF35 s

US Drillers Continue to Add Oil Rigs

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 563, up 4 from this same time last year. The number of active oil rigs rose by 2 to 431 during the latest reporting period, according to the data. This is 11 below this same time last year. The number of gas rigs fell by 1 to 124, which is 10 more than this time last year. The miscellaneous rig stayed

Astronauts take shelter as air leaks worsen on International Space Station

A worsening air leak aboard the International Space Station prompted five astronauts to take shelter and prepare for evacuation for roughly two hours on Friday as Russia attempted to ‌fix a crack on its portion of the orbital laboratory, Nasa said. The four astronauts of Nasa’s Crew-12 mission aboard the station – two Americans, a French astronaut and a Russian cosmonaut – along with another US astronaut were ordered by Nasa mission control at 9.04am on Friday to enter their SpaceX-built Crew...

AgiBot shipped 10,000 humanoid robots and barely anyone covered it

A Chinese robotics company called AgiBot hit 10,000 cumulative units shipped on March 30. Morgan Stanley estimates global humanoid robot shipments in 2025 were between 13,000 and 16,000 total, with China making about 90%. Unitree grew 2025 revenue roughly 335%. 60% gross margins. UBTech got its Walker S2 into mass production. So one country is producing nearly all the humanoid robots on the planet and the iteration speed is increasing. TrendForce expects Unitree and AgiBot to control near 80% of

Bank of England Official Says Oil Crisis Clouds Rate Outlook

The Bank of England may know where inflation is headed, but it has a much harder time knowing where oil—and interest rates—are headed. That was the message from Bank of England policymaker Swati Dhingra on Friday, as the ongoing Middle East energy crisis continues to complicate the outlook for interest rates. "If you ask me what's my interest rate decision next month going to look like or in the future, I think that's very hard to say, because the big elephant in the room here is what happens to

Iran war: Analysts warn of oil shortages in the summer

According to experts, there could be oil shortages in Europe and corresponding reactions on the markets as early as the summer. What investors need to prepare for.

How Chinese drink chains are testing the limits of soft power

Makeda George steps out of a Mixue store in downtown Brooklyn, New York, clutching a bubble tea as she weaves through a crowd of teenagers. The local resident says she had been eager to try the brand after noticing a surge of new outlets opening in recent months. “I decided to try the bubble tea. It was good,” she said, adding that she did not know it was a Chinese drink chain but figured it was Asian given the branding. “Everywhere you go, every nook, every cranny, you just see them popping...

S&P Rejects Fast Entry for SpaceX, Delaying $14B in Passive Inflows

Earlier today, in our forensic analysis of the SpaceX IPO, we said that according to BNP estimates, the company's inclusion into the S&P 500 some 6 months after the offering would unlock $13.4 billion worth of inflows. It turns out that that is not going to happen 6 months after the IPO. In fact, the earliest it may happen is 12 months after Friday's break for trading... and realistically well after that. That's because after the close today, S&P Dow Jones Indices said it would keep its existing