Finance news

Trump's second term Taiwan arms sales top Biden-era total by nearly 40%

Chinese EVs reclaim momentum as tech upgrades, incentives squeeze gains of foreign marques

International marques have failed to sustain the market share they regained in China early this year after consumers fell back in love with electric vehicles (EVs), a sector where domestic brands continue to enjoy an overwhelming advantage. Foreign carmakers from Volkswagen to Toyota held a combined 30.3 per cent share of the Chinese automotive market in April, with about 418,140 vehicles handed to local customers, according to data from the China Passenger Car Association (CPCA). In the first..

+++ Ukraine War +++: Merz, Starmer and Macron want to discuss negotiations with Russia with Zelensky

Sea drone explodes in Romanian Black Sea port +++ Five Azerbaijanis killed in attack in the Sea of ​​Azov +++ Putin rejects EU states as mediators +++ The news blog.

UK running out of time to boost defense as investment plan stalls, military chief warns

Defence Minister John Healey said on Monday that Prime Minister Keir Starmer was determined to publish it before a July 7 NATO summit.

TSMC is not afraid of competition: “I would just say ‘good luck’ to Elon Musk”

The most important contract manufacturer of chips for the entire world is taking the challenges of new competitors calmly. Instead of bonus excesses, the Taiwanese want to increase their energy security.

Aswath Damodaran: The Numbers are in: A Post-Prospectus SpaceX Valuation!

The Numbers are in: A Post-Prospectus SpaceX Valuation! Aswath Damodaran valued SpaceX a few weeks ago, using piecemeal information and entirely on narrative, and promised to return to the valuation when the prospectus was public. The prospectus has now been filed, and the offering price set, and he revisits SpaceX, armed with the additional information. submitted by /u/Round_Ad_40 [link] [comments]

How a pig farm dispute exposed fault lines in Malaysia’s multiracial politics

Pig farmers in the central state of Selangor have spent years trying to keep their business out of Malaysia’s culture wars. A royal decree has dragged them straight into one. The state’s decision to shut down pig farms, prompted by Sultan Sharafuddin Idris Shah, Selangor’s hereditary ruler, has transformed a long-standing local dispute over pollution and odour into a flashpoint touching on royal influence, the livelihoods of a minority community and the delicate balancing act facing Malaysia’s..

Artificial intelligence: Ifo: Over half of German companies use AI

Artificial intelligence can replace human workers in routine tasks. German companies are using the technology to an ever-increasing extent.

Tencent’s chief AI scientist dismisses lag concerns, says race a ‘long-term game’

Yao Shunyu, the former OpenAI researcher now leading Tencent Holdings’ artificial intelligence model development, pushed back against concerns that the tech giant is slow in AI, arguing that the race is just beginning with massive untapped opportunities in coding agents and embodied intelligence. “AI is a long-term game, with the second half of the race just starting,” said Yao, chief AI scientist at Tencent, comparing the current state to the development of personal computers in the 1970s. Yao.

The stock market is at its frothiest since the global financial crisis, proclaims Citi. Why dip buyers shouldn’t bail yet.

Citigroup sees a rising number of red flags around global stock markets, but say investors shouldn’t be alarmed just yet.

China poaches more AI talent from the U.S. as it eyes the next 'super-app'

Tencent Chief AI Scientist Yao Shunyu, who joined the company from OpenAI, said Friday he aims to pursue artificial general intelligence.

AI hyperscaler effect vaults China’s Zhongji Innolight to top of CSI 300 benchmark

The artificial intelligence frenzy has made Zhongji Innolight, a supplier of optical modules to US hyperscalers, the biggest constituent of China’s stock benchmark, highlighting AI’s profound impact on the world’s second-largest equity market. The northern Shandong province-based company had a 5 per cent weighting on the CSI 300 Index on Friday, making it the largest of the 300 most valuable stocks on the Shanghai and Shenzhen exchanges. The index’s weighting is based on the market...

Artificial intelligence: OpenAI rival Anthropic proposes a pause in the AI ​​race

If artificial intelligence can continue to develop itself, the risk to humanity increases, warns the AI ​​company Anthropic. She suggests a break, which, however, is unlikely to be achieved.

Growing productivity: AI alone is not important

Far too often it is only about the technological aspects of artificial intelligence. An experiment shows what their success actually depends on.

Tracking website, food watch: South Korea is obsessing over Nvidia CEO Jensen Huang's visit

South Korean investors are eagerly tracking Nvidia CEO Jensen Huang's every move as they wait to see what the AI megacap company will do next.

Morning Briefing Podcast: Pharma: The bill that destroys billions in investments

The federal government is coming under pressure from the economy, especially as a result of Health Minister Nina Warken's plans - as two current cases with drastic consequences show this week.

Rival confirms he will challenge Starmer to be UK prime minister

Greater Manchester Mayor Andy Burnham has confirmed for the first time his intention to challenge Keir Starmer to be Britain’s prime minister, drawing immediate criticism from the premier who vowed not to walk away from the job. “If I get your support, I would seek to represent you at the highest possible level and give this constituency maximum power and influence,” Burnham said in an episode of the BBC’s Question Time. He cited the ambitions of his top rival, former health secretary Wes...

Quarantine in Texas: US races to contain deadly flesh-eating parasite

Following the ⁠first confirmation of screwworm, a flesh-eating parasite, on a US farm in decades, federal and state officials have fanned out in South Texas, where a calf was found infested this week. US Agriculture Secretary Brooke Rollins said on Thursday no other infestations of cattle or other animals have been detected around the confirmed case. The case in La Pryor, Texas, was a blow to US cattle ranchers who have been bracing for a domestic outbreak of New World screwworm as the fly...

‘A clear warning signal’: Iran war exacerbates EU business fears

Three quarters of European CEOs say the conflict has harmed short-term prospects

Artificial Intelligence: The New Power of the Infrastructure Megabillionaire

Whoever controls energy, chips and data centers determines the rules of the AI ​​era. Our columnist believes that this will be a dangerous test of strength for democracies.

US citizen and journalist charged with acting as Chinese agent

A US citizen who lived and worked for state media in China for several years pleaded guilty on Thursday to acting as a foreign agent for Beijing after allegedly collecting US$100,000 in return for collecting intelligence in the US on “American targets” and American politicians. According to court documents, Thomas Weir Pauken II worked at the “direction and control” of Chinese officials linked to China’s Ministry of State Security from at least 2019 until February 2026, with someone using the...

Trump says he won’t nominate Pulte as permanent US spy chief after backlash

US President ⁠Donald Trump on Thursday indicated ⁠that he would not nominate mortgage regulator ⁠Bill Pulte to be the nation’s intelligence chief once his temporary appointment expires early next year. His comments follow a backlash against Pulte’s appointment as acting director of national intelligence from Democrats and some key senators of his Republican Party over the ‌Trump loyalist’s lack of national security experience. Speaking to reporters in the Oval Office, Trump indicated he would...

Used car check: With charm and weaknesses: Fiat 500 (since 2007)

Convertible, all-wheel drive or sports car: The Fiat 500 offers variety - but there are often unpleasant surprises during the general inspection. Which models are considered breakdown kings.

Chinese satellite company releases images of Nvidia, Apple HQs

After it was sanctioned by the US government for allegedly helping Iran, a Chinese satellite company has released high-definition images of the Nvidia and Apple headquarters in California’s Silicon Valley. They were among photos posted on social media on Monday by Changguang Satellite based in Changchun, in northeast China. The satellite images – captured by the company’s Jilin-1 constellation – offer a detailed bird’s-eye view of the region. They include the futuristic Endeavour and Voyager...

Warren invites Nvidia CEO Jensen Huang to Senate hearing on China AI chip sales

Sen. Elizabeth Warren is pressing Jensen Huang's Nvidia over export controls, China sales, Trump and data-center policy as Congress scrutinizes the AI chip boom.

A UK in decline needs to rediscover supply-side economics

I just spent two weeks in a broken Britain, which is an unfortunately apt description for a country that has fallen from its former glory. Its people are funny, witty, creative, intelligent, sports-mad and educated, part of a society that has constantly evolved over the last millennium, its imperial heritage bringing in cultures from around the globe. It is a green and pleasant land, beautiful in spring and summer, and not too bad in the autumn. Yet the once great nation is now dealing with a...

US farm chief says reliance on China threatens American ‘freedom’

US Agriculture Secretary Brooke Rollins told lawmakers on Thursday that American dependence on China for food, fertiliser and other agricultural inputs poses an “existential” threat, framing food security as a national security issue while defending the White House’s reduced fiscal 2027 budget request. “If we need to rely on China for our food and our fertiliser and all the things that come with that, we will lose what we understand to be liberty and freedom in this country. That’s how important

Trump says Pulte won't be permanent national intelligence director

Trump's comment came two days after he tapped Bill Pulte, who leads the Federal Housing Finance Agency, as acting DNI to replace Tulsi Gabbard.

Canada: Mark Carney wants to create 250,000 jobs with AI

Canada wants to promote the use of artificial intelligence with targeted investments and funding programs. The government expects this to give a noticeable boost to the economy.

Will Nvidia actually be able to capture significant market share with the RTX Spark?

Nvidia enters AI PC Market Nvidia launching their CPU has been all over the news, and I have seen some posts on reddit too. Almost all of them are optimistic about it. And I am too. But being an investor, I also need to be level-headed while analysing, and not get swept away by the emotions. So I found this article and it mention these potential challenges, among others: Adapting Windows to ARM. Because most chips running Windows are x86 based architectures. What's the actual demand for AI PCs?