Finance news

If you lost money on Trump crypto ventures, don’t whine

It should be no surprise the president made $1 billion on cryptocurrency deals that handed losses to so many who invested.

Lam Wing-kee, Hong Kong bookseller detained in mainland China, dies

Hong Kong bookseller Lam Wing-kee, who publicly recounted being abducted and detained by mainland Chinese authorities in 2015, has died at the age of 70 after a years-long battle with lung cancer, according to Taiwanese media. Local media reported that Lam, who moved to Taiwan in 2019, was admitted to Mackay Memorial Hospital in Taipei on Tuesday, but his condition worsened and he fell into a coma. He was pronounced dead on Thursday evening. Last year, he disclosed that his lung adenocarcinoma..

TR Best Price has the lowest spread after Xetra close

Apparently best price works well at TR. Now that Xetra is closed they offer the best spread on the holy grail A2PKXG. submitted by /u/Logical_Actuary_3957 [link] [comments]

US Navy seeks to boost production of new anti-radar missile

Naval Air Systems Command is asking industry whether it is capable of supplying up to 600 Advanced Emission Suppression Missiles per year.

Asset location importance

I have a 4 fund portfolio: FSKAX FTIHX AVUV AVDV How important is to keep these assets stored in specific accounts (Roth, 401k, Brokerage) for tax efficiency purposes? I have been replicating my asset allocation evenly among each account type. I do so because, while I believe there is reason to expect some SCV outperformance, I do not want to have my Roth exclusively carry a laggard fund given it is the most important of the accounts. I also do not want to have a huge tax drag due to tax ineffic

USA: Why America depends on the European economy

The USA is celebrating 250 years of independence, its desire to succeed, hunger for innovation - and the best business model in the world. What can we learn?

Kuwait Wants Consortiums to Bid for $7 Billion Oil Pipeline Deal

Kuwait’s state oil firm, Kuwait Petroleum Corporation (KPC), has asked some of the asset management funds bidding for a stake in its oil pipeline network to tap other investors in their bids for the planned sale estimated at $7 billion, anonymous sources familiar with the process told Reuters on Thursday. Early this year, it emerged that KPC is considering following in the footsteps of its Saudi and Abu Dhabi peers by tapping major international infrastructure investors to buy a stake in its oil

The End of Hamas

submitted by /u/Firecracker048 [link] [comments]

Market for business letters: Deutsche Post is to lose a tax advantage

The Ministry of Economics wants to take away the former monopolist's sales tax exemption in a business mail segment. Competitors praise the move, the post office protests.

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..

Are we being screwed over by the reforms?

When it comes to tax reform, it is said that the reform package will increase the basic tax allowance and thus relieve the burden on people. From the current €12,348 to around €12,900 in 2028. But am I missing something, or does the framing here just feel like absolute bullshit?? Due to cold progression and the Federal Constitutional Court, according to which the subsistence minimum must remain tax-free, the basic amount must therefore be increased by inflation anyway. That would just mean

Why the Pentagon is in a hurry to spend $152 billion

The department has already issued guidance to its program offices on how to spend the money before the deadline hits.

Stihl and Kärcher: This Swabian alliance could change the entire electrical industry

The equipment manufacturers and competitors Stihl and Kärcher want to work together in the future. It could be an unexpected opportunity for both of them.

Palantir’s stock bounces back as analyst cheers company’s unique AI advantage

The software company’s shares have gotten off to a strong start this month following a weak run in June.

Volkswagen: Shrinking course with expiry date: When VW wants to build more than ten million cars again

Next week the group will decide on its new target. Internally, the strategy boils down to a bold bet: get smaller in order to grow again.

BYD spots North America foothold amid US-Canada tariff discord

Sumitomo-backed Phoenix Tailings taps Asia to strengthen US rare-earth ambitions

Japan's annual tax intake tops $520bn to reach record high

India, Japan unveil 1st defense codevelopment pact, boost AI, energy ties

Asahi Kasei to build Taiwan processing plant for AI chip material

Could China’s containerised aircraft launcher reshape rules of modern warfare?

Fresh footage has offered the first look at China’s truck-mounted electromagnetic catapult launching a drone, with its developer unveiling details of this large family of containerised weapon systems. The footage shows three eight-wheeled flat-top trucks driving on to what appears to be an airfield runway. Once aligned and connected via mechanical hinges, they form a continuous platform, along which a fixed-wing propeller drone accelerates and takes off. The Beijing Institute of Technology’s...

Russia's Fuel Crisis Spreads to Central Asia as Drone Strikes Escalate

The ripple effect from a severe gas shortage in Russia caused by Ukrainian drone strikes is being felt in Central Asia, where seasonal demand is rising. Kyrgyzstan and Tajikistan are heavily dependent on Russia for energy supplies, so it is no surprise that the ongoing destruction of Russian energy infrastructure threatens to hit two Central Asian states the hardest. Gas stations across Kyrgyzstan are already reporting shortages of high-octane auto fuel, the Moscow Times has reported. State regu

Federal Reserve Board issues enforcement action with Small Business Bank and announces termination enforcement actions with BNP Paribas S.A., BNP Paribas USA, Inc., BNP Paribas Securities Corp., and Community Bankshares, Inc.

Federal Reserve Board issues enforcement action with Small Business Bank and announces termination enforcement actions with BNP Paribas S.A., BNP Paribas USA, Inc., BNP Paribas Securities Corp., and Community Bankshares, Inc.

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.

AI: What Wildberger wants to learn from the British AI Security Institute

The Digital Minister wants to expand cooperation with Great Britain on AI security. In London he is looking for a blueprint for a German AI security institute.

Investment: What is the best way to invest money for my grandchild?

A reader wants to invest money for the future for his grandchild - without his parents having access to it. What does he have to pay attention to?

Credit cards: Whoever is liable for an unauthorized booking made with credit cards

Money was debited from a reader's credit card after a hotel stay, which he believes to be unauthorized. Legal expert Klaus Nieding explains who is liable in such cases.

Wall Street: US stock markets are inconsistent – ​​Dow Jones reaches record

Significantly fewer new jobs than expected are dampening interest rate expectations in the USA. Falling oil prices are offset by losses in the technology sector.

How you as an investor can get ahead of the next AI investment wave

Also in Weekend Reads: Eldercare and family relationships, stock-market prospects for the second half of 2026, and how to set your summer streaming budget.