Finance news

Artificial intelligence: “It felt like we were the only company that didn’t do anything with AI”

Investors are pouring billions into AI companies. Anyone who sells physical products could still benefit – with the right tactics.

Hamas dissolves Gaza governing body amid Israel ceasefire, disarmament still a question

Palestinian Islamist movement Hamas announced on Monday the dissolution of the body that has governed the Gaza Strip for nearly two decades, clearing the way for a technocratic committee to implement civilian rule. The move marks a significant political shift by Hamas, which has run Gaza since its fighters seized control from rival Palestinian movement Fatah in 2007 after winning legislative elections the previous year. Since a ceasefire took effect in Gaza last October between Hamas and Israel,

NATO summit spotlights Turkey's arms industry

China influencer’s act of kindness ends in tragedy as farmer dies in car crash after shared lunch

The Chinese social media was shaken by a Good Samaritan deed that ended in tragedy when an elderly farmer died in a car crash shortly after receiving kind help from an influencer. The influencer, who has dedicated himself to helping farmers in central China’s Henan province and has 84,000 followers, posted a video of himself assisting an 81-year-old farmer on June 25. The influencer, surnamed Zhang, bought all the vegetables the elderly man was selling. The farmer, surnamed Jing, gave Zhang a...

Beware of vintage: Did someone say poison cabinet here?

Anyone who likes to buy old furniture, lamps or crockery doesn't always just bring charming things into their home. Vintage finds are often as dangerous as they are beautiful - if you don't know what to look out for.

Autonomous AI in the executive chair: On the way to a company without employees

What happens when companies are run solely by artificial intelligence or robots? Argentina wants to encourage this and even limit liability. For business economists, completely new questions arise - but also old ones.

Back to the office: Now there are new problems with the home office

It is difficult for young people to start a career when hardly anyone comes to the office. Artificial intelligence is now making everything worse.

AI is shaking up the world of work: Which professions are still needed now

Thanks to artificial intelligence, many jobs will soon look completely different than before. Should you be afraid of it? Not with these seven pieces of advice.

Ukraine War: Several dead after another air raid on Kyiv

The Russian army launched new air strikes on the Ukrainian capital on Monday. The head of the city's military administration said on Telegram that rockets and drones had hit apartment blocks and other buildings.

Beyond the obvious: An inequality machine called artificial intelligence

Daniel Stelter talks to Philip Trammell about why the biggest wealth shift in history could be imminent and Germany is ill-prepared for it.

China’s EV deliveries remain stuck in downward spiral, exacerbating industry worries

China’s electric vehicle (EV) deliveries in June failed to match their year-on-year numbers for the sixth month in a row, even as carmakers offered promotions to attract budget-conscious consumers, exacerbating worries about Chinese EV firms’ profitability. A total of 1.04 million pure electric and plug-in hybrid cars were handed to customers in mainland China last month, down 7 per cent from the same period in 2025, preliminary data from the China Passenger Car Association showed. During the...

Close call as tree branch hits Hong Kong double-decker bus, smashing window

Passengers on a Hong Kong bus have escaped unharmed after a tree branch struck the upper deck, shattering a side window. Police said they received a report at about 8am on Monday that a KMB route 277E bus hit an overhanging tree while travelling in the left lane of Ching Hiu Road in Sheung Shui, outside the Glorious Peak residential development. No injuries were reported. Images circulating online showed a large hole where a side window had shattered, with the adjacent pane cracked but still in.

isn't it Unfair that Apple with so much less infrastructure is worth ≈4 trillion $ ,while Samsung with a massive infrastructure is just worth ≈ 1 trillion $

​ yes, many of you would argue that it's about the company's vision etc etc. But Samsung also has a wide and futuristic vision, and covers fields such as Consumer electronics, smartphones, tablets, laptops, desktop computers, televisions, monitors, home appliances, semiconductors, memory chips, processors (SoCs), foundry services, display panels (OLED/QLED/LCD), batteries, energy storage systems, telecommunications equipment, 5G/6G infrastructure, artificial intelligence, robotics, software deve

South Korea Charges Refiners With Gas Price Gouging

South Korean prosecutors have charged all four refiners in the country with collusion on fuel prices that resulted in $17 billion in harm, Reuters has reported, citing the Korean authorities. According to a media briefing by the lead prosecutor in the case, two refiners had coordinated on the size and timing of fuel price increases after the war between the United States and Israel, and Iran broke out at the end of February. In addition to the companies, the prosecutors also charged four employe

Nuclear-powered Chinese submarine fires test missile in the Pacific

A nuclear-powered People’s Liberation Army submarine fired a test missile on the high seas in the Pacific on Monday, according to Chinese state media. The dummy warhead was fired at 12.01pm, state news agency Xinhua said. It added that it was a routine test and was not aimed at any specific country or target. The report said that relevant countries had been notified ahead of time. The test was China’s first known submarine-based missile test since 1982, and the first known to have been fired...

Outgunned Philippine Air Force takes on South China Sea defence

For decades, the Philippine Air Force hunted communist rebels and Islamist militants in the country’s forests and southern islands. Now, amid seemingly intractable tensions in the South China Sea, it is being reshaped into an armed service meant to defend one of Asia’s most contested maritime frontiers – even as analysts rank it the weakest air arm among Southeast Asia’s six largest militaries. “Because we are an archipelago, we really need to strengthen our air assets,” air force spokeswoman...

China’s Biren seeks US$900m to fund GPU push and challenge Nvidia amid AI boom

Chinese artificial intelligence chipmaking champion Shanghai Biren Technology is raising HK$7 billion (US$892.5 million) to boost production of its graphics processing units (GPUs), joining a fierce domestic battle to capture Nvidia’s market share in the country amid a global AI boom. The company, which went public in Hong Kong in January, announced that it would issue 153 million new shares at HK$46.2 each, representing a 9.9 per cent discount to the stock’s closing price of HK$51.3 last...

Malaysia’s Anwar to lean on ‘good friend’ Li Qiang to rescue durian farmers as prices fall

Malaysian Prime Minister Anwar Ibrahim has promised durian growers in Johor that he will raise their falling prices with his “good friend” Chinese Premier Li Qiang during a visit to Beijing next month, as a nationwide glut leaves farmers struggling to sell the famously pungent fruit at sustainable prices. Speaking during a political campaign stop in Johor, where a state election will be held on Saturday, Anwar said growers had complained to him during his two-day swing through the southern state

Nvidia's next-gen AI rack system delayed to 2028 on manufacturing snags, SemiAnalysis says

The reported delay adds to concerns that Nvidia's breakneck annual release cadence is colliding with manufacturing limits.

Commercial fish farm encroaches on government land, deemed ecological threat

Part of a network of more than 20 artificial fish ponds in Hong Kong’s Northern Metropolis development occupies government land without permission, with a green group warning that materials used at the site also threaten the area’s ecology. The ponds are near the Mai Po Nature Reserve and the Inner Deep Bay wetlands, which have been designated as internationally important under the Ramsar Convention as they are a vital habitat for migratory birds. Some of the ponds also fall within the proposed.

Anti-drug video fiasco not a vote of confidence in Hong Kong’s AI goals

It’s unfortunate for Hong Kong Chief Executive John Lee Ka-chiu that his speech on July 1 marking the 29th anniversary of the handover and highlighting his government’s achievements may have been overshadowed by the outcry over an anti-drug video – or at least what was intended as one. The Correctional Services Department released the video, generated by artificial intelligence (AI), on June 26 before having to pull it twice, ahead of the anniversary. The video – featuring an appealing K-pop...

Egypt’s President el-Sisi inaugurates massive new military headquarters

Egypt has inaugurated a new armed forces headquarters, which observers say is the largest in the world, with an elaborate ceremony and a rare appearance from the president and former general Abdel-Fattah el-Sisi in military uniform. The Octagon, as the complex is being called, consists of eight buildings each with an eight-sided floor plan in an area of around 90 sq km (34.7 square miles), the size of the Portuguese capital Lisbon. It has replaced the Pentagon, the headquarters of the US Defence

BP weighs quitting offshore wind farm project in northern Japan

Starmer Out, Burnham In: What Changes for UK Energy Policy?

With Kier Starmer stepping down as the United Kingdom’s Prime Minister (PM), it looks increasingly likely that Andy Burnham, who is known as the “King of the North”, will take his place as the leader of the Labour Party and PM in July. The Member of Parliament for the northern English constituency of Makerfield has significant political experience, having served as Mayor of Greater Manchester, but what are his plans for British energy? Burnham has a long history in politics, serving as Shadow Ho

Guest commentary: AI will not replace humans in these nine areas

Ralf Otte, expert in automation technology and AI, shows what artificial intelligence can do and where it fails. And why half of current AI projects in companies end up being failures.

F.A.Z. exclusive: Less new burdens for those with health insurance than originally planned

Shortly before it is passed, the coalition changes the austerity law: the burdens for family insurance and additional payments will be lower. The federal government and especially the pharmaceutical industry will be more heavily prosecuted than previously planned.

Russian warships dock in Chinese port ahead of Joint Sea exercises

Russian naval vessels arrived in the eastern Chinese port city of Qingdao on Sunday ahead of joint maritime drills. They include the Varyag, a Slava-class guided-missile “carrier-killer” cruiser, as well as the Ufa, a diesel-electric attack submarine, the naval arm of the People’s Liberation Army Northern Theatre Command wrote on social media on Sunday. A welcome ceremony was held at the dock to greet the Russian forces, who starting on Monday, will be taking part in the annual Joint Sea...

Artificial intelligence: AI boom brings sales jump to Taiwanese contract manufacturer Foxconn

High demand for AI servers increases Foxconn's sales. The electronics company also expects growth for the third quarter.

‘China shock 3.0’ is coming. And it’ll be AI-powered robots

The world’s attention is fixed on frontier artificial intelligence (AI) models, but China’s robot-making factories deserve just as much attention. Chinese e-commerce company JD.com has predicted that robots would ultimately replace its 700,000 delivery workers, while workers at South Korean carmaker Hyundai are threatening strike action over issues including the roll-out of robots. These are early signs of what could be China’s next export shock. The first “China shock” was from its low-cost...

I will inherit rich. Your poverty is already pissing me off🥱

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