Finance news

Pashinyan on course for landslide victory and pro-West mandate in Armenia election, new poll shows

SS: In another blow to russian global influence it appears that despite recent threats from Moscow, Armenia appears set to continue its westwards shift. This follows a general sense of frustration in Russia's refusal to support its CSTO partner nation when it came to blows with neighbouring Azerbaijian. The latest survey ahead of Armenia’s decisive elections on 7 June has projected that Prime Minister Nikol Pashinyan’s Civil Contract party could win nearly 65% of decided voters. submitted by /u/

How to deal with your first "I wish I dint sell" after stock exploded

Pretty gutted. Hodl'd RSU stocks for 4-5 years with the stock bouncing between 60 and 120 over that period. 7 weeks after I sold about 90% of my stock for a "new" family car (2025 model), the stock exploded to a peak of 190 where I sold for about 102. Missed out on about 22k, which isent live changing but it still feels absolutely terrible. To make matters worse, when I look on reddit for similair stories, I just see posts of people becoming milionaires from the recent stock surge or stories of

Israeli army captures strategic Crusader-built castle in Lebanon

Israeli troops have captured a strategic mountain topped with a Crusader-built castle in southern Lebanon in the deepest incursion into the country in more than a quarter-century, the military said on Sunday. The taking of Beaufort Castle, near the city of Nabatiyeh, followed days of air strikes and intense fighting in nearby villages between Israeli troops and Hezbollah militants. The capture marked a major Israeli advance in the latest Israel-Hezbollah war, which began on March 2, when...

Spent Nuclear Fuel Could Be America's Answer to Russia's Uranium Grip

Nuclear fuel is becoming a geopolitical battleground as the world increasingly turns to nuclear energy to contend with skyrocketing energy demand projections. The combination of an oil-based energy crisis emanating out of the Strait of Hormuz, the enormous and ballooning energy needs of artificial intelligence, and the urgent imperative of decarbonization is garnering a renewed interest in nuclear energy as a carbon-free, efficient, and round-the-clock power source. Moreover, nuclear energy can

45 killed in Myanmar’s Shan state after blast at mining explosive storage facility

A blast on Sunday at a building in northeastern Myanmar said to have been storing explosives for mining has killed more than 45 people, according to rescuers and independent media reports. About 70 other people were injured in the explosion that took place around noon in the village of Kaungtup, in Namhkam township. The area, located about 3 kilometres (2 miles) south of the Chinese border, is under the control of the Ta’ang National Liberation Army, an ethnic armed group which has engaged in...

'Gyaru' and jazz: Tourists get lost in Osaka's unexpected charms

Father sends me €5000 I have no idea about finances. What is the best way to do this?

EDIT: Thanks for the tips! Seems like daily money accounts are the best choice. But MSCI ETF's were also mentioned a few times, which is why I'll read the thread again and find out more. EDIT 2: A few people have written that I haven't written enough about my situation. I'm studying to be a teacher in Munich and am currently halfway through my studies, but I'm probably planning to extend it for an additional bachelor's degree. Primarily I just want the money

The Race to Build the World’s Largest Solar Farms Is Accelerating

Over the last two decades, solar panels have fallen in price while efficiency has increased. Greater uptake and high levels of investment in research and development have led to vast improvements in solar power technology. As panel prices fall and governments worldwide look to diversify their energy mix and cut emissions, several developers are now launching mega-projects to meet the growing demand. Most major solar projects developed in recent years provide hundreds of megawatts of clean power.

How China’s home-grown WS-10 engine helped make the country a modern air power

As China marks the 20th anniversary of completing its first domestically developed high-thrust turbofan engine for fighter jets, the WS-10 – Woshan-10, meaning Turbofan-10 – continues its crucial role in the People’s Liberation Army (PLA). The WS-10 turbofan engine was code-named Taihang after the famous Chinese mountain range. The Taihang engine family serves as the backbone of the PLA’s major active combat fighters, powering fourth-generation jets such as the J-10C, the J-11B, the air force’s.

I've studied over 200 kids—the ones with high emotional intelligence do 7 things

Reem Raouda is a certified conscious parenting coach whose philosophy centers around emotional safety. After studying over 200 kids, she shares the key signs of emotionally intelligent kids.

Iran War: Netanyahu orders expansion of ground advance in Lebanon

Despite the agreed ceasefire, the Israeli army brings more areas in the north under its control. The advance comes after renewed shelling by the Hezbollah militia.

The Pope and the AI: Our new Tower of Babel

Pope Leo XIV takes on artificial intelligence. It becomes clear: it is not the technology that is the challenge, but the people.

Chinese scientists leave posts after whistle-blower raises alarm over their research

Three more senior Chinese scientists have been disciplined by their universities after a high-profile blogger raised red flags about their research. Nankai University in Tianjin announced on Saturday that Chen Quan had been removed as dean of its College of Life Sciences. The university said that Chen, as a corresponding author, failed to properly oversee the quality and authenticity of experimental data in a paper published in Nature Cancer in 2024. Meanwhile, Sun Yat-sen University in...

Middle East: Israel's army captures important fortress in Lebanon

Israel is expanding operations in southern Lebanon. Capturing a Crusader fortress could bring strategic advantages. The Hezbollah militia fires again on Israel.

Middle East: Israel captures strategically important fortress in southern Lebanon

Israel's army advances further into Lebanon and captures a 12th-century Crusader fortress. An Israeli army spokesman described it as a “symbol of Hezbollah’s arrogance”.

AI firm MiniMax prepares for mainland China listing after shares surge in Hong Kong

MiniMax Group, the Chinese artificial intelligence model company, has officially kicked off plans to sell shares in mainland China. This offers onshore investors access to AI players beyond chipmakers and completes a dual-listing status in addition to Hong Kong. The Shanghai-headquartered company signed an agreement with Citic Securities on Friday, hiring the brokerage to help prepare for a sale of yuan-denominated shares. While other details on the listing are scant, it is widely expected that.

Hong Kong may host Shenzhou-23 crew in 2027, including astronaut Lai Ka-ying

Hong Kong could welcome the astronauts of the Shenzhou-23 mission, including the city’s history-making payload specialist, as early as the first half of next year, the technology chief has said. Secretary for Innovation, Technology and Industry Sun Dong also said on Sunday that the government would establish a new space manufacturing research centre under InnoHK this year, focusing on 3D printing and artificial intelligence (AI). “I hope that after the Shenzhou-23 crew returns, a visit by the...

Alibaba Group signs 6-year AI deal with Uefa, will bring 360 replay tech to major events

Alibaba Group and Uefa are bringing the Chinese giant’s 360-degree replay technology to football, after signing an exclusive six-year deal covering several major tournaments in Europe. The partnership, which has been widely reported in state media, will see the sport’s regional governing body join the International Olympic Committee and NBA China, among others, in working with Qwen, Alibaba’s artificial intelligence model. With European football accelerating its digital transformation and fan...

Firms spent heavily on AI. Now rising costs are outpacing its value

AI is getting expensive – and companies are starting to rethink their embrace of the disruptive technology. Playing by a well-worn Silicon Valley playbook, artificial intelligence companies charged rock-bottom prices to hook customers after ChatGPT burst onto the scene. Kevin Simback of start-up incubator Delphi Labs calls it the era of “subsidised intelligence” – meaning investors were basically footing the bill so companies could offer AI on the cheap. “But the tides are beginning to turn,”...

How a decade-long bet on photonics handed this Chinese venture capital firm an AI windfall

As artificial intelligence strains the physical limits of existing data centres, scientists and investors are turning to the ultimate speed limit of the universe for the next computing frontier: light. For Mi Lei, founder of CAS Star, a venture capital firm born out of the state-run Chinese Academy of Sciences (CAS), the sudden global fascination with photonics is less a surprise than a delayed validation. It is a thesis he has spent more than a decade trying to support with funding. “New...

China’s Oil Buying Pause Won’t Last Forever

China has been cited as an example of a country that has managed to insulate itself relatively well against oil crises. With over a billion barrels in estimated inventories before the war in the Middle East started, China was the poster child of forward planning in energy security. But this could change, and if it does, it would make an already severe crisis even worse. Kpler sounded the alarm about that prospect earlier this month, reporting that Chinese refiners have reduced their purchases of

China dials down rhetoric but regional risks persist at Shangri-La Dialogue

The world faces challenges from “hegemonism” and “bloc confrontation” driven by “certain countries”, China’s delegation to Asia’s premier security conference said on Saturday, without directly naming the United States. Major General Meng Xiangqing, the head of the Chinese delegation to the Shangri-La Dialogue in Singapore, sent the warning during a special session on managing threats to strategic stability. Meng, a professor at the People’s Liberation Army National Defence University, also used.

US general holds rare meeting with Cuban military officials near Guantanamo Bay

The meeting is the first in recent memory by a head of U.S. Southern Command and comes amid growing concerns in Cuba of a possible U.S. military attack.

Will VT tank severly when correction on semiconductors comes?

Hi. I'm not saying we have a bubble, this post is just about the volatility of VT vs the entire market which is now heavily driven by semiconductors sector. Since VT is so much diversified it has pretty mediocre gains compared to say DRAM or SOXX. So slow incline, but shall the equally slow decline be expected or will it tank as much as these sector ETFs when investors take money from the entire stock market? Trying to understand the significance of diversification here. submitted by /u/Unarmore

Air traffic: Drone alarm paralyzes Munich Airport for an hour

Drones are often observed at or near airports. Now pilots in Munich sounded the alarm - the airport stopped all take-offs and landings. But there is an all-clear.

China launches AI framework to improve ‘black box’ transparency and raise standards

China has pledged to improve the accuracy, reliability and transparency of AI through a new national evaluation framework, as policymakers move to establish common standards for assessing the fast-evolving technology. New guidelines released by the central government said Beijing would create a common yardstick for AI, allowing models, computing power and data quality to be measured and compared under a unified national standard. The move comes as artificial intelligence plays an increasingly...

Airport: Drone alarm shuts down Munich Airport for an hour

Drones are often observed at or near airports. Now pilots in Munich sounded the alarm - the airport stopped all take-offs and landings. But there is an all-clear.

Taxes: Save 50,000 euros in taxes in ten years - this is how parents use their children's tax allowances

With the usufruct of benefits, parents shift income to their children. They use their tax allowances. However, the tax saving model has some pitfalls.

Writing’s on the wall for the bond market – for those who can read it

There is a good deal more to the rapid rise in bond yields around the world, not least in Asia, than meets the eye. It suggests a recognition by financial markets that governments are spending beyond their means, tax revenues and borrowing power. The implication is that either taxes need to rise or public spending needs to fall, or alternatively that financial markets, stock markets in particular, must shift their priorities away from glamour stocks in the tech and artificial intelligence (AI)..

US man asserts if simple teacher and China farmer can grow a forest, world leaders can find peace

A retired American teacher is planning to travel to China in late summer for a reunion with a female farmer he assisted decades ago. In 1999, Ronald Sakolsky, then teaching English in China, was inspired by Inner Mongolian farmer Yin Yuzhen’s battle against desertification and donated US$5,000 to support her tree-planting efforts in the Maowusu Desert. This contribution enabled Yin to plant some of her earliest trees, sowing the seeds of a lasting friendship across continents. Recently, the two.