Finance news

Stock market on June 19th: Seven points that are important for investors today

Investors were already relieved yesterday, Thursday, about the signing of a framework agreement in the Iran war. However, what happens next is unclear.

Dragon Boat Festival drums up a buzz as unsettled weather fails to dampen spirits

Drumming, powerful paddling and the cheers of thousands of competitors and revellers electrified Hong Kong’s shores on Friday as dragon boat races went ahead during the Tuen Ng Festival despite unsettled weather. Just a day after a black rainstorm warning was issued twice, competitors and spectators were in high spirits. Beaches and waterfront areas across Stanley, Aberdeen, Sha Tin’s Shing Mun River, Tai Po, Tai O and Sai Kung were packed with crowds. In Stanley, 185 teams and about 4,000...

Morning Briefing Podcast: Iran: The Mullahs and Their Kill Switch for the Global Economy

The war is over, but its consequences for the economy are not. Oil and gas will remain scarce for months, if not years. And then there is Tehran's new miracle weapon.

Used car check: Old drivers, fresh car: The VW Golf Sportsvan at the TÜV

You can drive a Golf 7 or its offshoot Sportsvan - with an elevated seating position and plenty of space. What else speaks for the high-roof compact: its presentable record at the HU.

EU leaders ask Brussels to come up with new trade weapons to counter China shock

European Union national leaders have asked Brussels to come up with new trade instruments to deal with the economic threat posed by China, following a rare summit debate about Beijing late on Thursday night. After a two-hour discussion, the EU’s executive branch was told to engage with China to try to fix the persistent trade problems, according to a Brussels official. But it was also instructed “to develop and eventually complement the toolbox in the area of trade defence and industrial policy.

Culinary in Southern California: Why San Diego cuisine knows no boundaries

During the World Cup, football fans commute between the USA and Mexico: for them this is a special situation, for chefs and gourmets, crossing the border is part of everyday life. Top cuisine awaits travelers.

Drinking and cooling breaks: This is how bikers keep a cooler head

High temperatures can put a lot of strain on bikers. Why more precise tour planning and regular drinking are particularly important now.

Plastic chokes Indonesian islands as policies, enforcement slip through ghost nets

Ghost nets and plastic pollution plague Indonesia’s Anambas Islands, harming marine life and exposing the gap between regional pledges and enforcement. This environmental crisis is further worsened by rapidly surging growth-driven consumption, campaigners say. Devina Mariskova, head of Yayasan Anambas, said the nets are often thrown from vessels off the coasts of surrounding countries, largely placing the burden of collecting them on the small island chain’s coastal communities and...

Consumer protection: Online trap: How fake shops rip off thousands of customers

They look like real online shops, but they are traps: thousands of buyers lose a lot of money to fake shops every year. The consumer protection ministers see a need for action to stop fraudsters.

Summer Solstice: Latest Sunset? Not on the longest day of the year

Sure, June 21st is the longest day. But the earliest sunrise and the latest sunset fall on a different date. Why? Because the sun and time are not entirely in harmony.

Commerzbank takeover: The “creative lawyer” and the takeover hullabaloo surrounding Commerzbank

There could be a preliminary decision in the drama between Commerzbank and Unicredit. What helped: a German lawyer in the service of the Italians.

Allegedly unfair prices: US investigation into German drug prices - tariffs threaten

US President Trump wants to take action against the horrendous prices for medicines in his country - including with his favorite trading tool. A new measure could be painful for Germany.

26, single, 30k in reserves: Would you just do it?

Hello everyone, this is my first post in this sub. I (M26, approx. €3,000 net with shift work, single, no children) are currently planning a year abroad. I've been toying with the idea for years and have often regretted not having done it straight after graduating from high school. However, the more concrete the planning becomes, the more I realize how much work, organization and risk is involved. At the moment I'm mainly concerned with the following points: quitting my job or an unpaid A

Malaysia’s World Cup betting crackdown nets major cash seizure

Malaysian police arrested 58 people and seized more than half a million ringgit (US$124,000) in illicit proceeds in a World Cup gambling sweep as authorities in Southeast Asia crack down on illegal football betting during the tournament. Malaysia, where unlicensed betting is a criminal offence, has been bracing for a rise in illegal sports wagers, with the quadrennial spectacle attracting punters to betting sites and apps. Bukit Aman Criminal Investigation Department director M. Kumar said...

Defense industry: Tanks without personnel: Companies advertise autonomous AI systems

Tanks against tanks, without any people on site? It's still a while before the deserted battle takes place. But companies are working on autonomous support vehicles, some armed with cannons.

Yen slides past 161 against the dollar, nearing 40-year low and reviving intervention bets

On Thursday the yen saw a sharp depreciation a high of 161.80, its weakest since July 2024.

Life in Mallorca: “Mallorca is no fun without money and can be hard”

Many people dream of turning their backs on Germany. Is Mallorca an option? Emigration consultant Doris Kirch talks about how the new life under palm trees is successful and who she advises against this step.

JD Vance tells Iran deal critics in Israel: Trump is your only ally left in the world | JD Vance

submitted by /u/upthetruth1 [link] [comments]

Oil drifts lower as Strait of Hormuz reopens, focus shifts to demand outlook

With immediate supply fears fading and tanker traffic returning to the Strait of Hormuz, traders are turning their attention back to oil demand and OPEC's outlook for the market.

Situation at a glance: USA lifts sea blockade on Iran - When will nuclear talks start?

The US is no longer blocking Iran's ports, but the most difficult negotiations with Tehran are still ahead. This was supposed to start today in Switzerland - actually. But much is still unclear.

Armaments industry: Rheinmetall boss is in favor of banning the use of AI weapons

In contemporary wars, people decide whether to use armed force. Will artificial intelligence do this in the future? Hopefully not, says an arms manager and sees the global community being asked.

+++ Football World Cup 2026 +++: Canada between celebration and shock after Kanter's victory over Qatar

Serious injury for key players of the hosts +++ Mexico first team in the knockout round +++ Hundreds storm the fan festival in Mexico - police intervene +++ The World Cup news blog.

MSCI isn't done with Indonesia yet: new report signals continued concerns over market transparency

MSCI flagged growing concerns about transparency in Indonesia's stock market.

Geely seeks to double Zeekr sales abroad, eyeing Malaysia output

India's private nuclear energy players warned over rushing into sector

Myanmar's Min Aung Hlaing under the gun after China applies pressure

Federal party conference: The Left and the fable of the three pigs

The Left Party is doing well in polls nationwide and has tens of thousands of new members. Does everyone want to go in the same direction? 500 delegates will discuss in Potsdam until Sunday.

Endless discounts: The main thing is cheap – Germany is on the hunt for bargains

Special offers and discounts are currently in high demand and many customers are extremely thrifty. Retail is coming under increasing pressure.

Virus outbreak: End of the Hantavirus quarantine for those affected is in sight

After weeks of isolation due to an outbreak of the hantavirus, the passengers of the affected cruise ship can slowly breathe a sigh of relief. The mystery surrounding the origin of the outbreak remains unsolved.

Consumer behavior: Richest tenth causes trillions in environmental damage

The richest ten percent of humanity cause enormous environmental damage through their consumption alone - and are hardly held responsible. They live primarily on two continents.