Finance news

Japan's Taisei, Fanuc develop AI warehouse that doubles space efficiency

Beijing's acts dilute impact of South China Sea award, Manila's lawyer says

Philippines looks to space for bird’s-eye view of South China Sea threats

The Philippines is preparing to create a military space centre by 2028, a move that could help Manila strengthen surveillance, communications and command across its archipelago and in contested areas of the South China Sea. But analysts said the ambition would be constrained by the technical, financial and manpower hurdles of turning space assets into military capability. Armed Forces of the Philippines (AFP) chief General Romeo Brawner Jnr said on Tuesday the initiative – which would enhance...

How the RMB Business Facility will help consolidate Hong Kong’s financial role

Hong Kong’s updated yuan financing tool for banks, featuring a quota 150 per cent larger than before, was launched on Friday, giving a significant boost to the use of the Chinese currency in daily global business. What is the RMB Business Facility? The RMB Business Facility is a funding window run by the Hong Kong Monetary Authority (HKMA) that allows participating banks to borrow yuan at the relatively cheap Shanghai three-month interbank offered rate, which is about 2 percentage points lower..

The Coming Power War That Will Define the AI Era

Every great economic era has been defined by a fight over a single resource. In the 19th century, it was coal, and the British Empire was built on top of it. In the 20th century, it was oil, and the modern Middle East and American postwar dominance were both shaped by who controlled the flow. In the early 21st century, semiconductors became the world’s most critical asset, sparking the rise of Taiwan, growing trade tensions with China, and the creation of several multi-trillion-dollar tech giant

OpenAI exec Fidji Simo says she's stepping down due to chronic illness, will transition to advisor

Fidji Simo stepped away from OpenAI in April for a medical leave, says she now has to focus on recovery.

At high-end Hong Kong hotels, rates check in above pre-pandemic highs, outpace market

Hong Kong’s luxury hotels have outpaced the city’s broader hospitality market since last year, with their room rates exceeding 2018 levels as demand recovers, according to a report by global property consultancy Jones Lang LaSalle (JLL). Citing official tourism figures, JLL said high-end properties were the only segment that returned to 2018’s average daily rates (ADRs) in 2025, hitting HK$2,169 (US$277) – an increase of 1 per cent from what they were charging before 2019 and during the Covid-19

I keep seeing posts about an upcoming lost decade, but the market keeps rising

People claim that P/E ratios are at levels last seen in March 2000 or 2008. I get it, but the market keeps trudging along. Doesn’t the market always revert to the mean? Historically it’s done 9-10% per year, and the last decade has kinda looked like the 90s. What do you think? Are we in a new normal? Or are valuations too rich? submitted by /u/OkKitchen7114 [link] [comments]

Betting markets: Goldman Sachs bans employees from financial bets on Kalshi & Co.

Sports betting remains permitted, but Goldman Sachs employees will have to refrain from almost all other betting in the future. The investment bank is reacting to a regulatory balancing act.

New Fed task force members share Chairman Kevin Warsh's embrace of AI

The three members of a task force advising the Fed on artificial intelligence are strong proponents of the technology.

People Are Talking About Contango While Oil Markets Are Far From Recovered

While financial desks obsess over paper structures and Brent crude briefly flirted with contango, the broader market is missing the forest for the trees. Brent crude’s recent rebound from $71 to $79 a barrel is not merely a brief short-covering bounce; it is the first tremor of an underlying structural deficit. The financial side of the market has become completely decoupled from a complex, fragmenting physical reality. The real story isn't a long-term supply glut—it is an artificial, short-term

Martial arts event in Washington: Attack plans for Trump's birthday: Eight men charged

Investigators are convinced that the martial arts event celebrating the US President's 80th birthday could have ended in a devastating attack. Meanwhile, the group of accused is getting bigger and bigger.

2 men sentenced for roles in trafficking fentanyl analogues from China to the US

Two men from the US state of New Jersey have been sentenced this week for their roles in a drug trafficking organisation that imported fentanyl analogues from China, the US Department of Justice said on Thursday. The fentanyl crisis in the United States has killed tens of thousands of people annually in recent years. Washington previously characterised China as the primary source of precursor chemicals used to manufacture the drug, and Beijing felt unfairly targeted over the crisis. Sean Tighe,.

Iran mourners defiant as Khamenei buried: ‘only revenge can soothe the pain’

Calling for revenge and rejecting any compromise with the West, Iranians loyal to the Islamic republic massed on Thursday late into the night for the burial of supreme leader Ali Khamenei in his hometown of Mashhad, as the country traded more attacks with the US. Khamenei was buried Friday, state television reported, following a ceremony at which his son and successor was not seen. The “body of the martyred leader of the Islamic Revolution was buried in the memorial hall of the shrine of Imam...

Where Jim Cramer stands on SK Hynix's massive offering

CNBC's Jim Cramer said SK Hynix looks remarkably cheap, but warned that buying it is a bet that the AI-driven memory boom won't end like previous cycles.

What SEC data/forms do you turn to the most when making an investing decision?

Hi all, I'm looking into some lesser known stocks that don't have much analyst coverage or news, and I was wondering what some of the most useful SEC documents are when picking little known stocks. Also, what SEC documents influence your opionion on your holdings? (i.e. insider buying/selling, etc.) Thanks for any and all feedback! submitted by /u/DuinoTycoon [link] [comments]

Robinhood Strategies: Anyone Using it?

Parked a chunk of money into a Robinhood managed account and have been slowly contributing for the past year, so far it seems to just lag a bit behind the SP500, even on the highest risk setting. Granted, I’ve only had it a pretty short period of time, but they claim to have gotten better returns historically. Happy to get any thoughts on what people think about this managed account, as I’m not particularly savvy with the market/investing. submitted by /u/FreestyleTerrain [link] [comments]

Aerospace: US pilot and oldest woman in space - Wally Funk is dead

Wally Funk made space history as the oldest woman in space. The US pilot has now died at the age of 87.

Taco Bell is reportedly pulling produce from some stores. Here’s what to know.

An outbreak of a parasite-caused illness has sickened more than 1,000 people in Michigan.

France: ECB boss Lagarde on rumors about political ambitions: “I’m not a candidate”

Christine Lagarde speaks on TV about the presidential election campaign in France. It is very important to her that Europe is protected. Her regular term runs until the end of October 2027.

Euronews interview: ECB boss on rumors about political ambitions – “I’m not a candidate”

Christine Lagarde does not want to resign from her position as head of the European Central Bank early to run for office in France. Her regular term runs until the end of October 2027.

Why a hidden divergence between the VIX and Nasdaq volatility has the smart money on edge

Traders are completely enthralled by the bull market — but surging Nasdaq volatility suggests it is time to hedge.

Iran War: Iran's Supreme Leader Khamenei Buried

The state-organized funeral ceremonies for the slain Iranian head of state Ayatollah Ali Khamenei lasted almost a week. The country is heading into a politically uncertain future.

How much frontier AI traffic comes from other AI models trying to train on them?

How much frontier AI demand is genuine end-user usage? I just had a horrible sinking feeling. How much AI demand is just other AI companies using other frontier models to train or distill their own systems? This could make revenue and compute demand look stronger than they really are. submitted by /u/Former-Importance-21 [link] [comments]

Reforms: The federal government wants to relieve the burden on states with one billion per year - the Bundestag agrees

States and particularly cash-strapped municipalities are to receive support retroactively from 2026. Black and Red are thus implementing a plan from the coalition agreement.

SK Hynix is about to hit the U.S. market. Here’s what to know about the deal.

U.S. investors are about to get another straightforward way to play the red-hot market for memory chips.

Suspect in Charlie Kirk killing expressed regret after shooting, roommate says

The former roommate of Tyler Robinson, who is accused of assassinating conservative activist Charlie Kirk, told prosecutors that Robinson expressed regret a day after the killing and planned to hand himself over to police, according to a video interview played in court on Thursday. The recorded interview with Robinson’s former roommate and romantic partner, Lance Twiggs, was presented as prosecutors tried to convince a Utah judge they have sufficient evidence against Robinson to warrant ‌a trial

Asia’s top climate scientist warns of ‘humanitarian disasters’ as Earth teeters

As Super Typhoon Bavi churns towards Taiwan and eastern mainland China, they offer a chilling timely reminder that the world needs to brace for impending disasters as the climate system nears a tipping point. For Benjamin Horton, the newly minted recipient of the Asia Oceania Geosciences Society Axford Medal – the most prestigious honour in Asian climate and earth science – the world has entered a period of volatility in which historical weather patterns are no longer a reliable guide to future.

The Strait Of Malacca Faces Growing Fears Of Copycat Shipping Fees

Oil prices spiked again on Wednesday after U.S. President Donald Trump declared that the ceasefire deal with Iran is over and vowed to strike Iran again, effectively ending the tentative peace deal barely a month after signing. Iran struck three commercial vessels in the Strait of Hormuz on Tuesday that were using an alternative route near Oman's coast rather than the northern corridor controlled by Tehran, prompting retaliatory attacks by the United States. Iran has threatened to completely clo

What's more impressive performance, big sudden gains, or a long track record of beating the market?

I noticed something recently. When I see people posting about making hundreds of percentage point gains on the normal YOLO-subs, it really doesn't impress me or raise feelings of envy at all, but it probably would have when I was young. If you get sudden gains, it was either based on luck or inside information. I remember Howard Marks roughly stating that over a long period of time, the top performing investors were basically never in the top 5% for any given year. (This may not be the exact mat