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3d07/09⚠ war-conflict · 2/5

Malaysia, Thailand make peace over seafood dispute after Anwar and Anutin meet

The leaders of ⁠Malaysia and Thailand said ⁠on Thursday they would ⁠work on developing a special border economic zone, and had resolved an issue that had disrupted trade in seafood between the neighbours. In May, Thailand restricted the import of Malaysian-caught sea bass due ‌to concerns over chemical residues, prompting Kuala Lumpur to temporarily ban some varieties of Thai shrimp over food safety controls last month. “We have resolved this outstanding issue of fisheries … we agree it should..

◇ unclassifiedchina · asia
3d07/09⚠ war-conflict · 4/5

Goldman Sachs Sounds Alarm Over Fresh Threat to Global Oil Supplies

A week after it warned that an oil glut is coming, Goldman Sachs has done a U-turn, warning that the renewed hostilities in the Persian Gulf threaten an extended supply disruption. “While Middle Eastern producers have started reopening their shut-in wells over the last month, Hormuz disruptions could slow down the production recovery,” the bank’s commodity analysts said, as quoted by Bloomberg. They added that Middle East oil production remains 10.5 million barrels daily below pre-war levels. “T

◇ unclassifiedmiddle-east · russia · usa
3d07/09

AI and economy fuel stress for 40% of DSE candidates: Hong Kong youth group poll

Fewer Hong Kong university entrance exam candidates reported high stress levels compared with last year, but nearly 40 per cent cited artificial intelligence (AI) and the economic outlook as their top sources of stress, a survey has found. Releasing the findings of its “Further Education Planning Survey” on Thursday, the Hong Kong Federation of Youth Groups attributed the pressure to concerns that AI would increasingly replace entry-level jobs. The poll surveyed 1,241 secondary students,...

◇ unclassifiedchina · asia · usa
3d07/09⚠ war-conflict · 3/5

Chinese AI labs pursue custom chips to lower costs but heavy upfront investment a risk

Chinese AI labs are increasingly pursuing proprietary chips, mirroring a global trend towards software-hardware integration, but industry insiders and analysts warn that the strategy carries risk due to the massive upfront investments required. “The core motivation for choosing in-house chips lies in pursuing [greater] hardware-software synergy and lowering long-term operating costs,” said Arisa Liu, chief director and research fellow at Taiwan Industry Economics Services. Paul Triolo, a partner

◇ unclassifiedchina · asia · taiwan
3d07/09

Hong Kong corruption watchdog charges 3 over HK$1.3 million elderly care voucher fraud

Hong Kong’s anti-corruption watchdog has charged three people, including two private care home operators, over an alleged HK$1.3 million fraud involving an elderly care voucher scheme. The Independent Commission Against Corruption (ICAC) said on Thursday that the trio allegedly inflated service records under the Social Welfare Department’s Community Care Service Voucher Scheme for the Elderly, overstating carers’ service hours by more than 5,000 hours. The scheme provides elderly residents with.

◇ unclassifiedchina · asia
3d07/09⚠ coups-regime · 1/5

ETF’s VS. individual stocks

Buy VOO and touch grass yes! Totally get it…… DCA is a great investment strategy, but does it really outperform choosing the right stocks year after year? How do I balance my long term and my short term stock picking? At this point, put majority of my money into index’s and choose a couple stocks on the side? Need advice on my portfolio…. Am I gambling still? submitted by /u/EquityEnigma [link] [comments]

Social◇ unclassifiedsocial-signal
3d07/09

Hong Kong man pleads guilty to subversive promotion of pro-Taiwan party

A Hong Kong man has pleaded guilty to inciting subversion under the national security law for promoting a pro-Taiwan party and disseminating anti-Communist messages in 2024 and last year. The District Court heard on Thursday that Chan Ho-hin, a 23-year-old waiter, had proclaimed that the Taiwanese government was the only legitimate regime in the country, and called on Hongkongers to support and join the Revive the Republic of China Freedom Party in Taiwan through social media, leaflets and...

◇ unclassifiedchina · asia · usa
3d07/09

Over 900 Hong Kong restaurants welcome dogs on day 1 of pet-licensing scheme

More than 900 restaurants and eateries in Hong Kong opened their doors to customers with dogs on the first day of a scheme allowing canines into restaurants, marking the end of a 30-year ban enacted to protect against rabies. Chinese restaurants, fast food chains and coffee shops on Thursday welcomed their first groups of customers with dogs, who flocked to eateries across the city to dine with their beloved pets. Under the Food and Environmental Hygiene Department’s scheme, 940 approved...

◇ unclassifiedchina · asia
3d07/09

South Korea set to power US fight for naval dominance amid rising geopolitical tensions

The United States is turning to South Korea’s world-leading shipbuilding industry to refresh its ageing naval fleet, a move set to expand the bilateral alliance beyond security into defence manufacturing, technology and industrial production. The approach reflects Washington’s efforts to address long-standing problems in its own industry, according to analysts – chronic construction delays, cost overruns, shortages of skilled workers and supply chain constraints among them. It also signals a...

◇ unclassifiedchina · asia · usa
3d07/09⚠ war-conflict · 3/5

Hormuz Tanker Traffic Grinds to a Halt After U.S.-Iran Escalation

What was a flood of oil and gas leaving the Strait of Hormuz two weeks ago has now ground to a halt as the United States and Iran began firing missiles again and President Trump declared the ceasefire over, calling the Iranian leadership “scum”, “liars”, and “cheats”. Bloomberg reports that, earlier today, there was only one tanker moving along the waterway, and it was a sanctioned very large crude carrier that passed along the Iran-controlled route along with an Iranian container ship. Meanwhil

◇ unclassifiedmiddle-east · russia · usa
3d07/09

Income tax should be abolished.

I think it is a fundamental flaw in our tax system that people already have to pay income tax even though they are still far from living financially without worries. In my opinion, the basic tax allowance should therefore be increased to at least 50,000 euros per year or income tax should even be abolished completely. Anyone who earns less than 50,000 euros should be allowed to keep all of their work. Only beyond this should the state receive income

Social◇ unclassifiedgermany · europe · australia
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