Finance news

Labor market: Mini-jobs should be eliminated - who wants it and who it affects

Since 2003, the possibility of “marginal employment”, popularly known as a mini-job, has existed in Germany. Initially praised as a successful model, skepticism has recently become increasingly louder.

YouTube: Google subsidiary YouTube settles lawsuit for psychological damage

YouTube has reached an out-of-court settlement with a minor plaintiff. The proceedings against Instagram, Snapchat and TikTok continue.

Opinions on recent windfall

I’m looking for some outside opinions on what to do with a recent windfall of about $175,000. I’m 36 years old, married, and my first child is due later this year. I own a home worth roughly $725,000 and currently owe about $580,000 on the mortgage. The mortgage payment is high (around $5,800/month including taxes and insurance), and I have about 14 years remaining at 5.5% interest. My current net worth is approximately: $655,000 stock market $50,000 money market $340,000 in real estate equity $

‘Durian tsunami’ sweeps Malaysia, making premium Musang King dirt cheap

Malaysia’s durian lovers are in for a treat as prices for the “king of fruits” will remain low from now until August. This is due to a bumper harvest, leading to a situation known as “durian tsunami” where an oversupply in the market causes prices to tumble. Administrative executive Lim Mei Ling, 34, said the price drop is a welcome surprise. “Normally, I would think twice before buying Musang King. But now, I can enjoy this premium durian and keep some for later,” she said. Engineer Kelvin Tan,

Hong Kong’s focus on rankings distorts universities’ true mission

“Hong Kong is the only city in the world with five universities ranked among the global top 100.” This talking point has become one of the Hong Kong government’s favourite slogans. It has appeared in government press releases and official speeches, including Chief Executive John Lee Ka-chiu’s policy address last year. Though pleasing to the ear, this distorts our education priorities. Hong Kong is also an outlier in attaching such political significance to university rankings. Once the Hong Kong

12-year-old Chinese boy caught after 6-hour highway joyride, claims dwarfism when stopped

A 12-year-old boy from southern China was detained after driving solo for six hours on the highway, claiming to have adult dwarfism, which shocked social media. The boy, surnamed Luo and hailing from the Guangxi Zhuang autonomous region, was discovered by a highway toll collector on June 15 due to his unusually short stature. He insisted he was an adult with dwarfism, but the toll collector was sceptical and contacted the police. Upon investigation, the police determined that he was merely a...

Asian tech stocks rebound after global rout; Samsung up 9%

Asia's technology stocks rebounded on Wednesday after global equities posted steep losses in the previous session.

Invest: Earlybird founder: “SpaceX is ten years ahead of Isar Aerospace”

In the podcast, Hendrik Brandis talks about the weaknesses and opportunities of Germany's start-ups and the concern that hopefuls will relocate to the USA.

As China plans for demographic crisis, some sectors see opportunity

As China moves towards becoming one of the world’s fastest-ageing economies – a trend causing worry over future productivity and a widening gulf between the country’s working and retired populations – Goldman Sachs said the pharmaceutical and biotechnology sectors could end up the biggest winners from the demographic divide, while carmakers and technology hardware manufacturers may see fiercer headwinds. Hong Kong and mainland China are both expected to enter the top 10 ranking for the world’s..

Does Lithuania’s Taiwan pause signal a wider European shift towards pragmatism?

Lithuania’s decision to suspend negotiations on an economic cooperation plan with Taiwan has cast fresh doubt over one of Taipei’s most celebrated foreign relations breakthroughs as the Baltic state’s incoming government seeks more pragmatic ties with Beijing. Lithuania’s foreign ministry said on Monday that negotiations on an economic cooperation action plan with Taiwan had been temporarily suspended by mutual agreement because of changes in the European country’s domestic political environment

China’s medical AI breaks ground as surgical robot wins EU approval, model tops benchmark

Medical AI from China has reached new milestones, with a teleoperated surgical robot gaining access to the European Union market and a clinical-grade model topping a major healthcare benchmark developed by OpenAI. Shanghai MicroPort MedBot said its Toumai Remote robot, which allowed surgeons to remotely conduct laparoscopic surgeries, had received the “CE mark” from the European Union, a mandatory requirement to enter the market, according to its Hong Kong stock exchange filing on Monday. The...

Advice on portfolio breakdown 34m

I’m 34m starting getting into investing late. 403(b) - $11,000 doing company match, general S&P index fund Roth IRA - $2,100 I’m looking for advice from someone that is starting “behind” but still young enough to have somewhat aggressive positions to maximize growth. For my Roth IRA I am going to start maxing that out monthly, I want ideas on the breakdown. I’m considering something like… 100% VGT 50% VGT / 50% VOO Or 40% VGT 40% VOO 20% SCHD I am curious on takes as far as if full sending VGT i

National security certification power won’t affect appeals: Hong Kong justice chief

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. A new piece of subsidiary legislation that allows Hong Kong’s leader to certify a case as involving national security is unlikely to affect appeals, as the reclassification will not help authorities succeed in legal challenges, the justice chief has said. Secretary for Justice Paul

Why FedEx is down after a strong quarter — and its impact on our stock rating

We knew this report would be transitional, even messy, given the separation of FedEx Freight.

Is it worth registering for self-employment quickly?

or is it already too late until this is over? Apparently the statutory social insurance requirement should only apply to newly self-employed people. I've been doing something as a hobby for a few years now, which hasn't made any income yet, but probably will in the future. I don't have high expectations, but you can try it if you're going to do it anyway. That would probably start in 1-2 years, which is why I didn't want to register my self-employment until then, only now because of it

Rakuten to offer satellite-to-cell service in Japan with US startup

Asian banks help lift Japan Inc's syndicated loans to record high

Creditors in aggressive push to sell 2 Hong Kong hotels amid banks’ drive to cut losses

Receivers and agents of the Sheraton Hong Kong Tung Chung Hotel and the Four Points by Sheraton have expressed confidence in finally finding a buyer for the dual-branded complex – which together make up Hong Kong’s third-largest hotel by room numbers – as creditors move to dispose of the asset. Sole agent Savills is holding a formal tender that is expected to close on August 31 for the 1,219-room property on Lantau Island, near the Tung Chung MTR station and the Hong Kong International...

The Trillion-Dollar AI Shockwave Nobody Is Ready For

The biggest investment opportunity of the AI era has very little to do with software or chips. The market has already priced both. The real story is power: who owns it, where it sits and how cheaply it can be delivered to AI workloads at scale. A small data center company that almost no one on Wall Street has heard of just answered all three of those questions in front of the entire industry. In May 2026, Bitzero Holdings Inc. (NASDAQ:AIBZ) signed a binding letter for a 15-year lease with OneQod

The Gulf states have moved on, leaving Israel behind

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

Kim says North Korea to arm navy with nuclear weapons, build bigger warships

North Korean leader Kim Jong-un said his country was “equipping the Navy with nuclear weapons,” state media reported Wednesday, as he also unveiled plans to build 10,000-ton (9,000-tonne) warships. The remarks came at the commissioning of the Choe Hyon – one of two 5,000-ton (4,500-tonne) class warships the nuclear-armed state launched last year – in the port city of Nampo on Tuesday, the official Korean Central News Agency reported. “The programme of equipping the Navy with nuclear weapons is..

House passes affordable housing bill, sends it to Trump's desk

The House on Tuesday gave final passage to a bill aimed at lowering costs for homebuyers and reining in private equity.

MSCI keeps South Korea as emerging market, delays Indonesia review amid downgrade risk

The review comes amid hopes that Seoul could be included in MSCI's Developed Markets watchlist.

The biggest wealth transfer in history is here: how the next generation will spend the trillions

The greatest wealth transfer is underway, and heirs around the world who are set to inherit billions are preparing to use the money very differently from the generations that built it.

SpaceX pulls off one of the biggest AI debt deals yet

The offering is set to close on Friday and help SpaceX pay off its existing debt

‘China Initiative 2.0’: US crackdown on Chinese scholars intensifies

Leading immigration lawyers and activists say the US government has intensified its crackdown on Chinese scientists and researchers – a campaign they argue is even more aggressive than the controversial “China Initiative” launched during US President Donald Trump’s first term. “I think now we are clearly in an era of China Initiative 2.0,” said Robert Fisher, a former Assistant US Attorney and a partner at Nixon Peabody, a Boston-based international law firm. The initiative, launched by the...

Alphabet’s stock is set to join the Dow, pivoting index’s industrial roots toward tech

As Alphabet rolls out more data centers — and borrowing money to do it — it can be argued that it is becoming more of an industrial company, says strategist

Why the Next Billion Barrels of Oil Demand Could Come From Storage

The closure of the Strait of Hormuz and the stranding of more than 10 million barrels per day (bpd) of crude oil in the Persian Gulf was a wake-up call for import-dependent countries to expand their capacity to hold strategic and commercial reserves. Many countries, especially in the Asia Pacific, are looking to build new reserve capacity to boost their energy security and never again be caught off-guard by a massive supply disruption like the one triggered by the closure of the most important o

Trains stopped across Germany over technical glitch

A problem with a communications system forced Germany’s railway system to halt all trains late Tuesday, leaving passengers stranded across the country. The main national railway operator, Deutsche Bahn, said all trains were being held at stations because of a nationwide problem with the GSM-R digital communication system, which is used for internal communication on the railway network. Deutsche Bahn said in a statement at midnight, 1½ hours after it first announced the problem, that the cause...

Alphabet added to Dow Jones Industrial Average, replacing Verizon

Alphabet will replace Verizon in the Dow Jones Industrial Average.