Finance news

Bigger space, better living: what Northern Metropolis public flats have to offer

As Hong Kong marks the 29th anniversary of its return to Chinese rule on July 1, the South China Morning Post talks to the city’s senior officials about the administration’s achievements so far and what may lie ahead. New homes in Hong Kong’s Northern Metropolis will offer 10 per cent more space than standard public flats, the housing minister has said while revealing plans to integrate more than 30 estates with the area’s environment, heritage and technology. In an exclusive interview with the.

Southeast Asians scale back spending as Iran war spillover persists

No future at home? Inside the endless Filipino exodus

Victor Lee is not the kind of man to leave behind his family without a reason, but the 34-year-old Filipino has done the sums and decided where life must take him next: Lithuania. His wife does not want him to go. She will be left to care for their child, with a video call standing in for a husband, while Lee hauls cargo through the seaports of the Baltic. His paperwork is nearly done. He has finished his training as a heavy transport operator. He is going. “It’s getting harder and harder to...

Looking for ideas on an extra long-term investment account for our kids

My wife and I have two kids (ages 6 and 3). We contribute enough to both of their RESPs each year to receive the full CESG grant. We’re now thinking about saving some additional money for each of them beyond the RESP over the next 15–20 years. Most of our own investments are in TD e-Series following the Canadian Couch Potato model, and the RESPs are invested the same way. We’re considering either: Wealthsimple + XEQT with automatic recurring purchases. TD + TEQT (commission-free), although I’d h

Sovereign investors with US$29 trillion pivot to energy assets, flag dollar fears

Sovereign wealth funds and central banks managing US$29 trillion in assets are turning to energy assets, and raising concerns about the dollar, in a portfolio reassessment driven by unprecedented geopolitical shifts, according to a survey ‌published on Monday by independent global investment management firm Invesco. The survey of 90 sovereign wealth funds and 54 central banks showed an increasing focus on diversification, and investment portfolios that can “take a hit and still hold it together”

Oil Markets Are Pricing A Supply Surge That Isn’t Guaranteed

Crude oil prices are in freefall after the United States and Iran agreed on a ceasefire, set to last 60 days. Traders expect the ceasefire to unleash an avalanche of crude, and indeed, tankers are leaving the Persian Gulf in growing numbers. And yet Iran just struck a commercial ship in Hormuz. Bloomberg reported earlier this week that the ceasefire prompted huge discounts in available crude cargoes, noting how Angolan crude was selling at a $10 discount to dated Brent—for the first time in a de

War between neighbors: Pakistan: Have attacked targets in Afghanistan again

In the simmering conflict between Pakistan and Afghanistan, Islamabad has again attacked targets in the border area and beyond.

Taliban order ban on smartphones as officials shown destroying devices | Taliban

The Taliban have ordered a sweeping ban on the use of smartphones by government officials – in what some analysts say could foreshadow broader, population-level restrictions. In a directive issued by the Taliban’s military courts and reviewed by the Guardian, the ban was to take effect this week and prohibits “high rank, low rank, general mujahideen, or service staff” from using mobile phones. In one video published online, a Taliban official appears to be shown reading the banning order from hi

Chinese farmer’s forest of cameras fails to bear fruit in compensation bid

A Chinese farmer has generated a buzz online by planting a forest of more than 170 surveillance cameras on his land in the hope of boosting his compensation under a land purchase scheme. Footage circulating on social media – which showed the poles standing almost shoulder to shoulder on a hillside in Badong county, Hubei province – prompted rampant speculation about what could possibly warrant such heavy security for an ordinary orchard. On Friday, the local village committee explained the man..

Iran warns ships not to bypass its chosen Hormuz route

Iran’s top diplomat warned on Sunday that any attempt by ships to bypass its preferred route through the Strait of Hormuz would “increase tensions” in the Middle East, as US and Iranian forces again traded attacks. The exchanges underscored the fragility of a Pakistan-brokered agreement aimed at ending the war launched by the United States and Israel in February that disrupted shipping through the strait and rattled global energy markets. Although a ceasefire took effect in April, sporadic...

Oil prices rise, stock futures inch higher as U.S. and Iran trade more airstrikes

Oil prices rose Sunday while U.S. stock-index futures advanced, after the U.S. and Iran continued to trade fire in the Persian Gulf, renewing fears that the Strait of Hormuz may effectively be shut again.

Everything tied to the data center is suddenly suspect. Can Big Tech fix it?

The hyperscalers are just beginning to figure out the consequences of the AI arms race, and now everyone seems to be against them.

Trump bashes Washington’s likely next mayor as he touts Potomac golf course project

US President Donald Trump lashed out on Sunday at Washington’s presumptive next mayor, calling her a communist who would destroy the capital city, even as he touted grandiose building projects including the refurbishment of a golf course. Trump said in the Truth Social post that he would meet Janeese Lewis George, who prevailed in the Democratic Party mayoral primary on Tuesday which all but assures that she will win November’s election in the heavily Democratic city. But Trump warned that he...

Hybrid drive: New plug-in SUV Geely Starray tempts long-distance journeys

Although diesel is steadily disappearing from the range, plug-in hybrids are increasingly becoming an alternative for frequent drivers. The latest comes from China and boasts four-digit ranges.

+++ Soccer World Cup 2026 +++: Canada reaches World Cup round of 16 with Davies comeback

Austria saves itself in injury time +++ Messi scores in Argentina's anniversary victory +++ Group win and Kane record: England beats Panama +++ The news blog.

UK’s likely next leader Andy Burnham to unveil plan to shift power from London

Andy Burnham, the Labour lawmaker expected to replace Keir Starmer as British prime minister, will outline his vision for Britain on Monday, his office said, promising to change how the nation is governed with power moving from London to ‌the regions. Burnham, who returned to Westminster earlier this month after winning a parliamentary seat, is currently the only declared candidate to take over from Starmer and could be installed in Downing Street within weeks. Starmer announced last week he...

To tackle elderly poverty crisis, Hong Kong needs to rethink retirement

Hong Kong faces the prospect of a tsunami of elderly poverty sweeping over society in the coming decades. The question is what to do about it. The good news is that there are ways to reduce the severity of the problem. The bad news is that these will take time to be effective, so we need to start work immediately. An important sign of the severity of the situation was provided by a recent study jointly conducted by the Hong Kong Retirement Schemes Association and prominent pension consultant...

How to decide if stocks are overvalued and if possibilities are already priced in?

Hi, I am currently in a sort of freeze-mode, because I can't decide in what to invest. I see companys, which have a great business model and are crucial for the future, but then I am scared of the possibility, that everything is already priced in or even worse overvalued. What is YOUR strategy to handle these emotions and how do you decide if something is already too hot?? Thank you for your time!😁 submitted by /u/SchamlippenJohnny [link] [comments]

Asia may grow old before it goes green

Asia's AI rally winners face a rising leverage problem

Serbians keep up protests after President Vucic says he will step down

Thousands of protesters descended on the Serbian city of Kraljevo on Sunday, keeping up pressure on President Aleksandar Vucic a day after he said he would step down ‌within weeks to pave the way for early presidential and parliamentary elections. Although many protesters expressed satisfaction with Vucic’s resignation, they fear he may not fully relinquish power. Analysts say he may try to run for prime minister and install an ally in the presidency so he can continue to wield power. “I cannot.

The World's Biggest Energy Bet Is No Longer on Fossil Fuels

For years, critics of the energy transition have made essentially the same argument. Renewable energy was supposedly too expensive, too dependent on subsidies, too intermittent, and too vulnerable to survive a serious energy security crisis. Sooner or later, they argued, governments and investors would return to the comfort of oil, gas, and coal. The latest figures from the International Energy Agency suggest the opposite is happening. According to the IEA's newly released World Energy Investmen

Please challenge my long-term investment thesis on Take-Two (TTWO)

I'm hoping to get some objective feedback from people who may see flaws in my thinking. I've recently gone all in on Take-Two Interactive (TTWO) because I believe the company is entering what could be its strongest decade yet. My investment horizon is at least 5–10 years, so I'm not looking for short-term trades. The obvious catalyst is GTA 6, but my thesis is much broader than a single game release. Here's why I'm bullish: GTA 6 could become the biggest entertainment launch in history. The PC v

Just getting started at 18yo, need help setting up

Hello, recently I've started finding interest in investing and setting myself up for the future, and even short term. As of now, I already have a Fidelity Roth IRA account with some money in index funds that I plan to contribute to each month, but I am looking to start investing for short-term gains. I'm not too sure what the best way of doing this is yet. So I'd like to know if someone could please explain? Do I make another account on Fidelity for short-term investments? Do I use a different c

Is anyone watching FRMI? It’s the best in my port

i found frmi on my screener a while back when it was just getting absolutely destroyed while everything “ai” was ripping. kinda stood out to me because it was moving opposite of the whole hype trade I put in a little at 5$ and wish I did more but i still don’t really get what actually drove the selloff. was it just an overhyped ipo getting re-rated or is there something actually wrong going on like dilution / execution issues / guidance changes etc? i know they need customers but is it that hard

Princess Kate scales Britain’s highest mountains to raise money for cancer charity

Kate Middleton, Britain’s Princess of Wales, said on Sunday ⁠she had scaled the ⁠three highest peaks in ⁠Britain in 24 hours to raise money for a cancer charity and “as a chance to explore life beyond diagnosis and to give something back”. Kate, 44, the wife of heir to the throne Prince William, is in ‌remission after undergoing chemotherapy for an undisclosed form of cancer and, while she has returned to royal duties, she has spoken of the toll the illness has taken on her and her family. In a.

Artificial intelligence: Baidu AI division Kunlunxin is apparently aiming for an IPO with a valuation of $50 billion

Potential investors were asked to purchase chips worth three to seven times their planned subscription volume. There was no immediate comment from Baidu.

The World Is Racing to Develop New Nuclear Fuels

In the age of the nuclear renaissance, several countries are strategising to significantly increase their nuclear energy capacity over the coming decades, as part of efforts to diversify their energy mix and boost long-term energy security. However, securing fuel to power operations has been complicated, particularly following the introduction of sanctions on Russian energy products. Now, alternative uranium fuels offer promise for the nuclear energy industry. Nuclear fission, used in all existi

Iran and US step up attacks and threaten to escalate

submitted by /u/UnitExtension8458 [link] [comments]

1.5 billion invested: Volkswagen is apparently considering exiting the Bosch alliance for autonomous driving

According to a report, the group sees too little progress in joint development. Internally, the technology is considered uncompetitive.