Finance news

India's IPO market draws hope from blockbuster listings, Iran peace deal

SoftBank shares slipped over 12% on concerns of OpenAI IPO delay

Bangladesh courts China to drive infrastructure and trade push

Chinese-owned Lotus bets on hybrid SUV for US turnaround

Japan narrows naphtha reliance on Middle East as supply shifts widen

Trump's Iran oil sanction waiver set to squeeze China's teapot refiners

GPT 5.6: US government could force OpenAI to pre-test new AI models

The Trump administration wants to prevent powerful AI systems from falling into the wrong hands. According to a report, OpenAI will also initially restrict access.

UN nuclear watchdog says it has access to Iran's nuclear sites after interim peace deal

"The technical work has started, and we hope to be there soon," IAEA chief Rafael Grossi said at a news conference in Japan on Friday.

Why East Asia could be the new centre for peace and economic growth

At a time of worsening global security, East Asia could eclipse a Europe “no longer worth emulating” and become the benchmark for peace and economic growth, according to a prominent Chinese political scientist. Yan Xuetong, honorary president of the Institute of International Relations at Tsinghua University in Beijing, also said the widening rift between the United States and its European allies would elevate East Asia’s global standing. He told a media event in Beijing on Thursday that...

‘Imitation genius’: China influencer overcomes abusive dad to self-fund US education

A 19-year-old influencer in China has announced he has been admitted to top-tier Boston University, with tuition and living costs to be covered entirely by himself, as he has earned money through his online activities in recent years. Zhong Meimei, born Zhong Yusheng, shot to fame in May 2020 when he released his first batch of videos in which he mimicked female teachers at primary and middle schools, the National Business Daily (NBD) reported. His works quickly captivated internet users, who...

NBA targets Asian resurgence with technology and talent push

Southeast Asia has emerged as one of the NBA's fastest-growing markets for fan engagement, making the region a focal point for both player development and business expansion.

The soul suffers: Would psychotherapy make sense for me?

There is no recovery, fears are limiting or inner emptiness has become a permanent condition? If psychological suffering limits your everyday life, you should get help. About warning signs - and first steps.

Raising the level: Confederation of trade unions presents alternative pension concept

The German Federation of Trade Unions has developed an alternative to the government's reform plans. The concept promises quite a bit. How will it be financed?

Cryptocurrency: “Uncertainty cocktail” in the market: Bitcoin falls to its lowest level since October 2024

The oldest digital currency has fallen to its lowest level since September 2024. While one analyst fears an emerging crisis of meaning, another advises calm.

CK Asset sells penthouse in Hong Kong’s Mid-Levels for US$48.5m, sets pricing benchmark

A penthouse at CK Asset Holdings’ luxury residential project in Hong Kong’s Mid-Levels has been sold via tender for HK$380.77 million (US$48.5 million), according to a statement from the flagship property developer of tycoon Li Ka-shing, underscoring the rebound in the city’s high-end residential segment. Unit 10 on the 20th floor of 21 Borrett Road in the upscale district in Central fetched HK$126,000 per square foot, the highest price for the development and for new home sales this year,...

Online retailer: Bafin is examining Zalando's financial statements due to possible violations

Missing information in the consolidated financial statements? The financial regulator checks whether Zalando complied with the rules in an important transaction.

Financial relief: Federal and state governments agree on financial reform and justice pact

Before the planned major reform package, Merz is clearing up points of contention with the states. It’s all about the municipalities and the principle: “Whoever orders, pays.”

Audit: Bafin financial regulator examines Zalando's consolidated financial statements

The online retailer Zalando may have violated accounting regulations. Bafin is now checking the group’s financial statements.

The ongoing issue of corruption: Justice Minister Hubig arrived in Kyiv for the first time

By night train to Ukraine: Difficult topics such as the fight against corruption and the independence of the judiciary are also on the agenda during the Federal Justice Minister's talks in Kiev.

Situation of the farmers: The farmers need a different language

At the Farmers' Day, President Rukwied once again painted the picture of distressed agriculture. In general terms it falls short. The industry doesn’t talk enough about its future.

OpenAI IPO: OpenAI is likely to postpone its IPO until 2027

OpenAI's mega IPO could now wait until next year. The reason is said to be uncertain times on the technology market.

Struggle for reforms: More pensions without longer work – what the DGB is proposing

The German Federation of Trade Unions' own pension commission has developed an alternative to the government's reform plans. The concept promises quite a bit. How will it be financed?

Malaysia’s Umno in tough spot ahead of Johor vote after veteran claims royal interference

Malaysia’s ruling Malay party was pulled into a sensitive palace row on the eve of Johor’s nomination day after a veteran figure quit Umno and accused the southern state’s royal household of influencing the timing of a snap election. The controversy lands at a difficult moment for the United Malays National Organisation, the Malay nationalist party that anchors Barisan Nasional (BN). It is trying to defend Johor, its birthplace and one of its last major strongholds, without allowing the campaign

Hong Kong police arrest minibus driver after cyclist killed in collision

Hong Kong police have arrested a minibus driver for dangerous driving after his vehicle fatally hit a cyclist in North district. Police received a report of the incident in Ta Kwu Ling at 6.27am on Friday. Emergency personnel found the man unconscious at the scene, having sustained serious head injuries. He was taken to North District Hospital in Sheung Shui, where he was pronounced dead at 6.59am. The 74-year-old minibus driver was travelling along Man Kam To Road towards Sheung Shui at the...

Oil slides 2% as markets look past fresh Iran tensions and focus on supply outlook

Oil extended declines on Friday, with markets focused any further breakthroughs in the Middle East conflict, while digesting a flurry of news from the region.

Oil Heads for Weekly Loss as Hormuz Tanker Traffic Rebounds

Crude oil prices were on course for a sharp weekly loss amid multiple reports about a strong rebound in tanker traffic in the Strait of Hormuz. At the time of writing, Brent crude was trading at $73.78 per barrel, and West Texas Intermediate was changing hands for $70.53, even after the news of an Iranian strike on a commercial vessel in Hormuz that, Tehran suggested, had used a route not approved by the Iranian authorities. The strike promoted a 2% reversal in oil price movement, but it was not

AfD: Thuringia's Interior Minister calls for AfD ban proceedings - "It's time to take concrete steps"

A report comes to the conclusion that the AfD is clearly unconstitutional. Several politicians are now in favor of legal action. Some in the Union don't think much of it.

How do I become a Super Swabian?

From a financial perspective, is it worth pursuing more training or studying after I graduate from high school (if necessary, work beforehand?), and in what direction? How do I save for my house? Tips for dealing with money in building savings contracts? More financial Swabian tips? Thanks! submitted by /u/Ok-Balance-6457 [link] [comments]

Hong Kong to raise share of Medical Council lay members to 31%, set inquiry time

Hong Kong authorities have proposed overhauling the city’s medical watchdog by raising the proportion of lay members to more than a third and requiring the time frame for handling complaints to be made public, which may help slash the inquiry process from 42 to 29 months. Unveiling the proposed amendments to the Medical Registration Ordinance on Friday, Secretary for Health Lo Chung-mau said the reform aimed to foster more diverse participation in the city’s Medical Council. “We aim to maintain.

Airwallex hits $11 billion valuation with $320 million raise as fintech pushes into finance run by AI agents

Airwallex raised $320 million to build the financial infrastructure powering a world where AI agents handle business payments and finance.