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24d06/23⚠ war-conflict · 1/5

The Piping hot Current Market Condition

Right now feels like a house of cards that is about to topple. A rally that started in the midst of a fresh war has gone on far longer that imagined. While stocks break ATHs repeatedly in a short span of time, prices are swinging erratically. How are you guys making sense of it all? Who are those that are entering/adding positions, how are you managing to do so in this super hot market? Those that are in winning positions, are you taking profit or will you hold to the end? And those that are sti

Social◇ unclassifiedsocial-signal
24d06/23

Pension reform: sustainability factor

The pension reform includes a total of 33 points that I would like to work through piecemeal. Who knows what else can be found there. While researching, I stumbled across the sustainability factor, which should be reactivated and which increases or decreases the pension depending on the relationship between pensioners and employees. Taking demographic change into account, it should be clear what effect this factor has. The forecast above makes this clear again. Here is the source: ht

Social◇ unclassifiedgermany · europe
24d06/23

China’s new ‘super fuel’ could help Long March rockets increase payload by 10%

A Chinese Long March-12 rocket launched last week used a new super fuel that boosted the rocket’s payload capacity by 10 per cent, according to its developer. As China expands its role in space with a series of ambitious lunar missions and puts growing numbers of commercial satellites in orbit, demand for larger payloads is increasing. Instead of designing bigger, more expensive airframes, The Beijing Aerospace Test Technology Research Institute, a subsidiary of the China Aerospace Science and..

◇ unclassifiedchina · asia · india
24d06/23⚠ war-conflict · 1/5

[Spain] Is worth the revolut 3.51% TAE interest-bearing account

The other day, I saw that Revolut is having a that promotion on their interest-bearing account, up until 25.000€ and until October (After that it would go down to a 2.27% TAE). I have a mortgage with an interest rate that is below the 2.5% and the interest-bearing account on Openbank is giving me a 1.50% (TIN, although I doubt there's difference with the TAE here, but that's why I'm asking here, lol). My emergency fund is less than 25k, my actual liquidity is slightly over that number, and I hav

Social◇ unclassifiedeurope · usa
24d06/23

Indonesia hails China’s backing for panda bond amid investor concerns over rules

Indonesia’s efforts to woo back Chinese investors may be gaining traction after Finance Minister Purbaya Yudhi Sadewa returned from Beijing with a multibillion-dollar funding commitment and political backing for the Southeast Asian country’s debut yuan-denominated sovereign bond. Whether the bilateral talks translate into lasting investor confidence in Indonesia’s economic fundamentals remains to be seen, as global companies continue to weigh Jakarta’s shifting rules, challenging budget outlook.

◇ unclassifiedchina · asia · australia
24d06/23⚠ war-conflict · 2/5

Israel purposely targeted Gaza children: UN

Israeli authorities and security forces deliberately targeted Palestinian children, resulting in genocide, crimes against humanity and war crimes in Gaza, and war crimes in the occupied West Bank, an independent UN inquiry said on Tuesday. The report by the UN Independent International Commission of Inquiry on the Occupied Palestinian Territory, including East Jerusalem, and Israel examined violations against Palestinian children since the start of the war between Israel and Hamas on October ‌7,

◇ unclassifiedchina · asia · usa
24d06/23⚠ sanctions · 3/5

Iran Moves to Tap Key Asian Markets as U.S. Waives Oil Sanctions

Iran is pitching its oil to Asian buyers outside China, contacting India, South Korea, and Japan, as the United States issued a temporary two-month waiver allowing Iranian oil sales, including in U.S. dollars, until August 21. As part of the 14-point memorandum of understanding with Iran, the United States on Sunday authorized the production, delivery, and sale of crude oil, petrochemical products, and refined oil products of Iranian origin through August 21, 2026. Representatives of the Nationa

◇ unclassifiedmiddle-east · russia · usa
24d06/23⚠ war-conflict · 2/5

Hong Kong’s Cathay Pacific to cut fuel surcharges again as costs ease

Hong Kong flag carrier Cathay Pacific Airways will lower fuel surcharges on most passenger flights for the second time in less than two months, with the revised rates taking effect from July 1 as fuel costs ease from highs triggered by the Middle East war. Under the new rates announced on Tuesday, passengers departing from Hong Kong on long-haul flights to destinations in North America, Europe, the Middle East, Africa and the Southwest Pacific will pay HK$1,164 (US$148.48) per sector, down 14.5.

◇ unclassifiedchina · asia · usa
24d06/23

Hong Kong police arrest 69 over laundering HK$200m from cross-border fraud

Hong Kong police have arrested 69 people linked to a syndicate suspected of laundering about HK$200 million (US$25.5 million) from cross-border investment fraud affecting more than 170 victims. The force said on Tuesday that 54 men and 15 women, aged between 18 and 60, were arrested on Monday in a joint operation with mainland Chinese authorities for alleged money laundering, involving “mule” bank accounts. Losses from investment scams in Hong Kong reached HK$920 million between January and...

◇ unclassifiedchina · asia
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