Finance news

Foreign exchange market: Will the yen continue to fall or is the trend reversal coming? Global carry trades are on the brink

The yen is weaker than it has been in 40 years. This is lucrative for investors worldwide. Now there are bets on a trend reversal - with potentially drastic consequences for the markets.

Comment: The German extra sausage only helps China

The EU starts trade talks with Beijing. But with her special appearance in Brussels, Katherina Reiche torpedoed the negotiations before they even began.

Unitree IPO to test valuations as venture capital floods China robotics

Unitree Robotics has secured approval from China’s securities regulator for a Shanghai initial public offering that is poised to set a valuation benchmark for China’s sizzling embodied AI sector. The nod from the China Securities Regulatory Commission came about a month after the Hangzhou-based company cleared a review by the Shanghai Stock Exchange’s listing committee. Unitree is now finalising its underwriting plan, pricing and share subscriptions for a potential debut as early as late...

Labor law: time limits, bonuses, severance pay: This currently applies

What rules currently apply to fixed-term employment contracts, severance pay and bonuses? An overview of the federal government's planned changes.

Evaluation for 2024: Road traffic continues to depend on fossil fuels

Despite the electric boom, road transport remains a fossil giant: diesel and gasoline continue to make up more than 97 percent of consumption. Electric vehicles are only making slow progress.

Investment Broker recommendations

Hello everyone, I didn't have a lot of savings until now, and I was fine investing via REVOLUT, but I don't trust the platform enough to go there with a lot of money. Are there some investment brokers for index funds which you could recommend in Europe? Specifically for Czech people if that matters :) submitted by /u/Janie_Avari_Moon [link] [comments]

Indonesia’s free meals corruption probe extends to police, military officers

A corruption investigation into Indonesian President Prabowo Subianto’s flagship free meals programme has widened after prosecutors named an active police brigadier general as a suspect and referred a case involving a military officer to the country’s military crimes unit. The Attorney General’s Office (AGO) on Thursday identified Lalu Muhammad Iwan Mahardan, a police brigadier general who serves as deputy secretary for promotion and cooperation at the National Nutrition Agency, as the seventh..

What's the Smartest Investment Strategy During Rising Global Tensions?

I remember talking to a friend a few days ago about how every time there's news about global tensions, the markets seem to react immediately. It made me realize how difficult it is to know what to do with investments during uncertain times. Some people say it's best to stay invested and ignore the short-term noise. Others move money into gold, bonds, or simply hold more cash until things settle down. I'm not looking for financial advice, just curious about how people actually handle situations l

DKB - Suspicious debit/scam?

About a quarter of an hour ago I saw a suspicious debit on my DKB checking account. In the account overview, this is called “VISA-CARD MONEY” and is declared as a transaction type with “transfer”. Recipient: VISA-CARD MONEY PLANT and my credit card number + “BILLING BOOKING” is stated as VWZ. We are talking about an amount of €360. I have no idea what that is supposed to be. When it comes to credit cards, the VWZ usually always says “CREDIT CARD BILLING

Where to put the money?

Hello everyone, my wife and I (both 30) + child have a total monthly income of a good €7k. We currently set aside around €3k per month. We have too little equity to build/buy a house and therefore too little income. In 3 years you might build up €100k in equity, but the interest could be somewhere else and the construction and land costs will definitely not be any lower. So context: life between Munich, Ingolstadt and Augsburg. Child goes to school there and the costs are typical for southern Bavaria

German government pledges to defend trade, signalling tougher China stance

Germany’s ruling coalition has pledged to take a tougher line on defending trade at the continental level, signalling a potential shift by a country long seen as the European Union’s main brake on stronger action against China. The pledge formed part of a 34-point package to revive Germany’s ailing economy that German Chancellor Friedrich Merz’s coalition agreed to on Thursday. While the document did not mention China, German Finance Minister Lars Klingbeil said the government was adopting a...

Alberta and Ottawa Greenlight New Pacific Pipeline

Alberta’s Premier Danielle Smith and federal Prime Minister Mark Carney have made the official announcement of a new oil pipeline, to be built to Canada’s Pacific coast, broadening the access of Canadian oil producers to the Asian market. The decision is a departure from previous Liberal governments’ energy agenda, which excluded the expansion of oil pipelines due to pressure from environmentalist groups and a focus on the energy transition away from hydrocarbons. Despite his firm support for th

Business ticker: Renk takes over David Brown Defense and expands marine business

AI boom: Most valuable companies worldwide even more valuable +++ Lockheed Martin is apparently the favorite to take over billions of Ultra Maritime +++ News in the company live blog.

Armament: Renk takes over British submarine supplier

The defense supplier Renk buys the British gearbox manufacturer David Brown Defense. The Augsburg arms company is thus expanding its marine division.

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...

Silicon carbide: Dust becomes a raw material of the future

Silicon carbide is extremely popular; it is needed for semiconductors, for example. The raw material often comes from China and production is CO₂-intensive. A medium-sized company from the Rhineland is now trying its hand at recycling.

Venezuela’s leader defends quake response as thousands remain missing

Venezuela’s Interim President Delcy Rodriguez on Thursday rejected allegations that her government reacted ⁠too slowly to destruction caused by two earthquakes which killed more than 2,000 people, after days of widespread criticism of the official response. Civilians of all stripes - including survivors, family members, volunteer paramedics and foreign rescue teams - have descended on disaster areas, especially the hardest-hit northern state of La Guaira, since the 7.2 and 7.5-magnitude quakes..

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.

Safe havens aren't behaving like they used to. Here's what's changed

Traditional safe-haven assets — U.S. Treasurys, the Japanese yen and gold — have struggled to provide protection during this year’s market volatility.

Data center infrastructure as an asset class: how allocations actually get underwritten

A pattern worth discussing for anyone watching data center infrastructure as an asset class. The headline is a supply shortage: ~1% vacancy in primary markets, 81.5% of under-construction capacity preleased before delivery. But the more interesting structural story is how allocations get underwritten now. It's migrating from operator brand toward deal structure: secured low-cost power (utility-direct around $0.06-0.065/kWh vs $0.12-0.15 retail), off-take committed under LOI before construction,

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

The average investor in Germany has around €30,000 in his portfolio

I came across this interesting fact while doing some quick research. For everyone who always wonders whether they would earn normally. The €100,000 deposit is apparently not the standard at all. The average private equity investor in Germany has a portfolio volume of around 34,900 euros. The median – i.e. the value at which one half has more and the other half has less – is around 30,000 euros. However, the values ​​vary greatly depending on age and wealth. En

Hong Kong duo admit joining pro-independence group ‘out of curiosity’, asylum bid

Two Hong Kong men convicted of violating the Beijing-decreed national security law have said they joined a pro-independence group either to obtain asylum in Canada or “out of curiosity”. Courier Chan Tai-sum, 27, and waiter Ng Chi-tung, 25, pleaded guilty in the District Court on Friday to conspiracy to commit secession for their involvement with Taiwan-based Hong Kong Democratic Independence Union between November 2024 and July last year. Defence lawyers said the pair were both diagnosed with..

Gold slump tests Chinese brand Laopu's resilience as luxury upstart

Indonesian food prices fall during free meal program school holiday

Hong Kong bookseller Lam Wing-kee, once detained by China, dies in Taipei

Yen weakness persists as markets see BOJ falling behind the curve

Reporting sick: Merz defends the obligation to work abroad – “You don’t have to go to practice on the first day”

The coalition wants to reduce absenteeism due to illness in companies and to do this tighten the rules for certificates of incapacity for work. But how can this be implemented sensibly?

India Coal Power Generation Jumps 14% in June

India's coal-powered electricity generation last month surged by 14% on the year to 120.20 billion kWh as drier, hotter weather prompted a significant increase in demand. Reuters noted in a report on the news that this is the highest portion of coal-fired generation since November 2023. Wind and solar, meanwhile, also rose as percentage of India's electricity mix, to 19% of the total in June, according to data from the country's grid operator. On an annual basis, wind and solar rose by 23%, the

China sends warning to Japan and the Philippines over ‘wrongful’ maritime talks

China has issued a legal warning to Japan and the Philippines over their planned maritime border talks, calling the move “internationally wrongful” and saying it had the right to hold both nations accountable. It is the latest protest from Beijing after Manila and Tokyo agreed in May to launch formal negotiations to delimit the maritime boundary of the exclusive economic zones and continental shelf between the two countries, which overlap with areas claimed by China. “The announcement,...