Finance news

Keep a cool head: Anger and frustration after losing your job? This is how you look forward

After being fired, many struggle with anger, self-doubt, and lingering emotions. But how do I deal with it and focus on the future again?

Start-up check: Spatial AI from Munich: SE3 Labs gives autonomous systems spatial intelligence

SE3 Labs offers hardware-independent software for autonomous systems. Money for this comes from Lakestar, among others. Hensoldt is already cooperating with the Munich start-up.

Why having more foreign-trained doctors in Hong Kong won’t threaten local ones

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. Allowing all doctors without permanent residency to work in Hong Kong will not threaten the careers of local practitioners, the health minister has said as he defended a proposal to revamp the medical registration regime. In an exclusive interview with the South China Morning Post,

Hong Kong downgrades red rainstorm warning to amber after class suspensions

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. The Hong Kong Observatory has downgraded the red rainstorm warning to amber within an hour of issuing it, after the warning prompted the suspension of afternoon classes. The forecaster switched rainstorm signals three times within 90 minutes on Friday, reissuing the amber signal at 1.20pm to..

Morning Briefing Podcast: Government: With these reforms, Merz wants to bring the AfD down / Bayer: The end is in sight in the glyphosate dispute

How many economically sensible but inconvenient reforms can people tolerate without defecting to the AfD? Not many, the government fears. More than you think, says an expert.

Pension reform: More pension without longer work – DGB presents an alternative concept

A pension commission of 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?

Breakthrough in US-Iran talks; Japan visa fee hike to affect Chinese: SCMP’s 7 highlights

We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. A crisis ‘defused’ as blockade lifted, assets to be returned to Iran after Swiss talks Statements from the US and Iran following talks in Switzerland have cooled tensions that nearly derailed the peace process, signalling an intention

Bonus for electric cars: E-car bonus boosts sales for Chinese manufacturers

According to the Ministry of the Environment, Chinese car manufacturers do not benefit from the e-car funding program. This is contradicted by an exclusive survey by the car dealer association VAD.

Conflict in Lebanon: Lebanon and Israel continue to negotiate - new incidents

The ceasefire between Israel and the Lebanese Hezbollah remains fragile. Nevertheless, negotiations between Israel and the neighboring country continue. The USA wants to broker an agreement.

Pension reform: “A pension system that is cheap and delivers great pensions is not feasible”

The economist Martin Werding sat on the pension commission. In the interview, the economist explains why he believes the reform package is right despite increasing contributions.

Can China’s strict policing model ‘silence the guns’ in Africa?

As China’s relationship with African countries deepens, the country’s influence is spreading into more areas. In this series Jevans Nyabiage looks at an initiative to help control weapons and reduce conflict in a region where Beijing has vast economic interests. China is marketing its strict policing and arms control expertise as a blueprint to stabilise Africa’s conflict-torn Great Lakes region, leveraging its reputation as one of the world’s safest countries. Earlier this month, China and the.

Avoid accidents: This is how it doesn't get dangerous on the SUP tour: 8 tips

A strong headwind or the board gets stuck in the reeds: Then the trip on the SUP is suddenly no longer so relaxed. What water sports fans should consider and pack before every tour.

Too young to ride, Malaysian teen pedals dream by building fake Yamaha motorcycle

A Malaysian teenager’s dream of owning a Yamaha Y15 motorcycle has pushed his imagination to the next level. Too young to actually ride one, the 13-year-old instead converted his bicycle by mounting motorcycle parts with cable ties. His innovative invention drew laughter from police officers – and social media users. In a viral video, officers can be seen inspecting the “motorcycle” he is proudly showing off. “I want to ride this motorcycle but I can’t [yet],” he tells them. Apart from the...

Nikkei and Topix: Tech worries after Apple price increases push Asian stock exchanges into the red

In Tokyo, a media report about a possible postponement of OpenAI's IPO caused a bad mood. The Nikkei is giving way.

Verdict: Court: Estimating is not enough when it comes to red light violations

Bus runs on red, man shows it - things get exciting in court. What a judgment reveals about counting, estimation and accuracy and when red light violations become expensive.

Espionage: Espionage trial in Hamburg - Jews spied on for Iran?

According to the indictment, he spied on high-ranking representatives of Jewish organizations in Germany for possible attacks - on behalf of Iran. Now the suspected spy is on trial.

Climate crisis: do you get used to everything? Only limited in heat

Heat waves are becoming more frequent. Can our body adapt to this? An expert explains the limits of adaptability.

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?

The timing of the impending crude crisis

Brooks and Harris focus on the variable that actually moves prices in the Hormuz shock: how long the temporary buffers cushioning it can hold, rather than the size of the disruption, which markets already know. They put the exhaustion of the coordinated stock releases and the Russian and Iranian floating storage around July 9, after which the full supply shortfall starts feeding into Brent. It's worth reading against the current "America is four weeks from running out of oil" panic, because it p

Used car check: Good, but not cheap: The Audi A1 at the TÜV (since 2010)

Premium often has to do with prices: the little Ingolstadt one is not a bargain either. It would be nice if, as a used vehicle, there were few costs related to defects.

2 storms barrelling towards Japan spark over 100 flight cancellations

Japanese airlines cancelled on Friday more than 100 flights as two tropical storms barrelled towards the archipelago, with authorities advising evacuations in some areas because of possible flooding and landslides. Severe tropical storm Mekkhala, downgraded from a typhoon, was packing gusts of up to 144km/h (89mph), according to forecasters, with heavy rain already pounding parts of southern and western Japan. The weather system was expected to skirt the islands of Kyushu and Shikoku over the...

New York City freezes rents for 1 million flats in win for Mamdani

A New York City housing board voted on Thursday to freeze the rents for about one million regulated flats for up to two years, fulfilling a central campaign promise of Mayor Zohran Mamdani only months into his term. The 7-1 vote by the city’s Rent Guidelines Board set increases at zero on both one-year and two-year leases from October. Hundreds ‌of tenants who crowded into a Manhattan museum auditorium cheered and blew whistles at the result. “This is a historic victory for New York City...

Singapore moves ahead with autonomous taxis as trials expand

Chinese firms brace for new EU rules as trade deficit tops $1bn a day

Indonesian miner Merdeka Gold taps Hong Kong market with $310m listing

Vietnam accelerates biofuel push as oil risks rise and concerns mount

Singapore's Ascott sees Asian tourists staying close to home after Iran war

The situation at a glance: Attack in the Strait of Hormuz puts the Iran deal to the test

The first passages through the Strait of Hormuz had barely begun again when a ship was attacked off Oman. Did it try to bypass routes set by Iran? Tehran seems angry.

The future of US-Colombia relations after Trump-ally Abelardo de la Espriella’s win

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Dispute over electric cars: USA slows down Geely brand Polestar

The Swedish electric car maker, controlled by the Chinese Geely Group, will no longer be allowed to sell new vehicles in the USA from model year 2027. Polestar now wants to focus more on Europe.