Finance news

Investment: How to immunize your portfolio with emerging market stocks against the AI ​​hype

The hype surrounding artificial intelligence has made many stock markets expensive. Anyone who wants to diversify without additionally adding AI stocks to their portfolio will find opportunities in emerging markets.

‘Machine warfare is coming’: US, China urged to address military AI as global rules stall

The head of a top UN security think tank has warned that the international community, along with industry, must pivot to pragmatic dialogue on artificial intelligence (AI) in warfare, as a major global regulatory convention remains unlikely in the short term. “Machine warfare is coming,” said Robin Geiss, director of the United Nations Institute for Disarmament Research (Unidir), during a lecture at Tsinghua University in Beijing on Tuesday. He warned that AI was reshaping military operations on

China’s BYD surpasses Tesla to regain lead in global EV race

China’s electric vehicle (EV) king BYD has leapfrogged once more over Tesla to become the world’s largest battery-powered car manufacturer, spurred by its surging overseas shipments, despite posting an 8.2 per cent year-on-year drop in deliveries. As BYD gained the upper hand in the race against the US carmaker, it is the latest signal that China’s prowess in EVs is increasingly recognised by consumers around the globe amid an energy crisis. Tesla said in a statement on Thursday that it had...

US touts regional ‘balance’ in missile sale to Singapore. What does it mean?

Washington has recently approved a proposed US$22.3 million sale of additional Hellfire missiles to Singapore, with the US State Department declaring that the transfer and associated arms support “will not alter the basic military balance in the region”. While observers say the sale is a routine purchase by the city state for training and to replenish an advanced arsenal, America’s language on the move signals a broader strategy to strengthen a network of US allies and partners while avoiding...

Hot and bothered Europeans finally warm to air con

Experts agree that humans can only comfortably survive in the thermoneutral zone, a surprisingly narrow Goldilocks range between 17 and 24 degrees Celsius. This gives us a problem as climate change pushes up summer temperatures alarmingly, resulting in record heatwaves around the world. Already, about 12 per cent of the Earth’s land area is uninhabitable due to deadly climate conditions. This is set to rise to over 45 per cent by 2100, with at least 44 per cent of the world’s population likely..

Fund tip of the week: This underrated fund is benefiting from the comeback of healthcare stocks

Pharmaceutical and biotech stocks are ending their phase of weakness. A top fund with a star manager relies on cancer research and takes advantage of acquisitions.

Bear spray surge in Japan sparks safety concerns after accidental discharge

Following a surge in bear attacks in Japan, people are arming themselves with sprays while authorities have started installing cameras in mountainous areas in the north to monitor the animals. However, a recent effort to stay safe backfired, resulting in five people injured – not by bears but by the spray after it was accidentally discharged in a post office in Nagoya on Wednesday. Vietnamese national Huynh Nhat Duy, 22, was arrested on Thursday on suspicion of obstruction of business for his...

Canyon Predict: This new canyon racing bike is designed to predict accidents

With “Predict” Canyon is presenting a new concept racing bike. Thanks to AI, sensors and intelligent warning technology, the bike is supposed to detect accident risks in real time - and warn the driver about them.

Occupational disability insurance applies to pensioners up to 70

Check your insurance for an extension option. The fact is that the last 3 years have been extremely expensive. I have completed all my contracts up to 63 because that is the standard for my job (3 and 4 skilled shift in the metal industry). If the pension ceases at 63 and has to be withdrawn until 70, that will mean extreme increases in contributions. In my job I already pay some of the highest contributions compared to someone with an office job. Here is an excerpt from gemini at the

Fearing ‘bad luck’ omen, Chinese man repeatedly slaps twitching right eye, damaging vision

A superstitious man in central China suffered a retinal detachment after repeatedly slapping his twitching right eyelid, fearing it was an omen of misfortune. The belief stems from a popular Chinese saying: “A twitching left eye brings wealth, while a twitching right eye brings disaster.” The man, identified only as Le, lives in Wuhan in Hubei province. He had been troubled by a twitching right eyelid for several days. Resting his eyes and applying warm compresses brought no relief. Convinced...

Insects: Humid summers promote mosquitoes - nasty pests in the garden

Warm, humid weather ensures optimal conditions: Why mosquitoes can appear in large numbers this summer - and what that means for garden owners.

Kuaishou files US$3 billion Kling AI funding round to Hong Kong stock exchange

Chinese short video giant Kuaishou said on Thursday evening that its artificial intelligence video arm, Kling AI, was seeking to raise around US$3 billion in its first external fundraising round, according to a filing to Hong Kong Exchanges and Clearing. The funding round, first reported by the South China Morning Post on Wednesday, was backed by a long list of investors, spanning Chinese technology heavyweights, state-backed investment vehicles and entertainment industry participants. Baidu,...

The 100 most valuable companies: Nvidia & Co: USA dominates stock markets - Germany is falling

The USA sets the tone on the stock markets with its tech giants - and their power is growing with the AI ​​boom. Germany falls behind among the 100 most valuable stock exchange companies. But some companies are catching up.

What a seating chart might reveal about the future of China’s military leadership

Two Chinese generals were seated for the first time alongside top People’s Liberation Army officers in a high-profile ceremony this week – a clear sign that they have emerged as front-runners for the leadership of the world’s largest standing army. During an evening gala marking the 105th anniversary of the Communist Party’s founding on Monday, lieutenant generals Zhang Shuguang and Wang Gang were seated at the front of the section reserved for military leadership. At the event, attended by...

Kyiv military chief salutes outgoing US Army commander as war rages in Ukraine

In a farewell message, Syrskyi credited the departing U.S. commander with saving thousands of Ukrainian lives.

Why Hong Kong firms looking to integrate AI must consider fresh grads

Hong Kong is trapped in a structural economic paradox that threatens both its long-term competitiveness and social stability. Organisations are paralysed by the urgent need for artificial intelligence (AI) transformation, complaining day in and day out that they lack technological talent. An International Data Corporation (IDC) study last year revealed that 55 per cent of Hong Kong companies face significant challenges in implementing AI – higher than the global average of 48 per cent....

Trump bought Apple, Nvidia and other tech giants before tariff reversal fueled rebound

The day before President Donald Trump walked back his tariff policy turned out to be one of his busiest days of 2025 for stock buying.

Putin is pushing Russia into an 'economic, political, and military abyss,' think tank says

For years, Vladimir Putin has had a convincing rebuttal to anyone who thought Western sanctions would bring his country to its knees. In the four years since Russia invaded Ukraine, GDP has stayed mostly in the green, its unemployment rate has declined, and average wages have skyrocketed. Even inflation has moderated sharply, after soaring to double digits in 2023. Putin has waved those figures at Western critics as proof that sanctions have failed to cripple Russia’s booming wartime economy. Ch

Hegseth creates powerful new drone office, pulling authority from the military services

The reorganization is the latest step in Hegseth’s push to field weapons faster.

Lithuania moves to end nuclear weapon ban as ‘situation getting worse’

Lithuania’s parliamentary parties have agreed on a plan to lift a constitutional ban on nuclear weapons and foreign military bases in the Baltic nation.

Pentagon continues to ‘struggle’ with key weapons development timelines: GAO

The watchdog’s annual weapons systems assessment revealed new details about high-profile programs, from Air Force One to Army missiles.

Japan's Unicharm to enter India pet care market with value-added lineup

WHO declares cruise ship-linked hantavirus outbreak over

The World Health Organization on Thursday declared an end to the deadly hantavirus outbreak on a cruise ship which sparked international alarm, after the last person left quarantine. There were 12 confirmed and one probable case stemming from the MV Hondius, including three deaths. But while the outbreak is now over, for scientists and experts, the work is only in its early stages, as they try to learn lessons from the episode that triggered a global health alert. “Today, the final contact of a.

Intel, AI, neuromorphic computing, and you

In 15-20 years, Intel will likely be the highest valued company in the world. Hear me out 1) AI isn't going anywhere. It is being widely adopted in many industries and is only improving in sophistication and application areas. This trend will only continue. We have been here before with the Internet, I remember the skepticism about the Internet being a fad and having little use for regular people very well 2) AI data centers are unsustainable. We all know this. The problem is that our convention

Gen. Christopher Donahue relinquishes command of US Army Europe and Africa

U.S. Army Gen. Christopher Donahue relinquished command on Thursday. The Army has not given a reason for the leadership change.

Economy from above #408: Artificial intelligence: Here, China's cadres are preparing their AI coup against the West

Solar, batteries, cars – that’s not enough for Beijing. China's leadership also wants to dominate the AI ​​market and is building real data center cities on the country's outskirts.

US job growth falters, testing Trump’s Republicans ahead of midterm election

The United States posted weaker-than-expected job growth in June as new data showed the labour market is facing headwinds ahead of the testing midterm election for President Donald Trump’s Republicans. Total nonfarm payroll employment grew by 57,000 and the unemployment rate fell slightly to 4.2 per cent, the US Bureau of Labour Statistics (BLS) said in a statement on Thursday. After months of seesawing growth and contraction, the US job market posted strong gains in the last three months, but..

UK ratchets up nuclear spending, with new warhead and delivery planes in the works

Central to the current package is Astraea, the warhead designated A21/Mk7 that the Atomic Weapons Establishment has been developing since 2020.

Comment: Pharmaceutical concessions: Federal government pursues damage limitation instead of location policy

The federal government's concessions to the pharmaceutical industry are a false concession. Berlin takes away the uncertainty from the industry, but not the financial burden.

US ban on Chinese inverters would harm local power industry, firms warn

The United States’ reported plan to ban foreign-made inverters – a move likely aimed at curbing reliance on China – would be difficult to implement and harmful to local industry, Chinese industry insiders have warned. Washington is working on a plan to ban foreign inverters – a vital component used in renewable power systems – over national security concerns, Reuters reported on Tuesday, with a draft potentially set to be published by the end of the year. China dominates the global market for...