Finance news

In Nato summit gaffe, Trump says ‘Islamic Republic of Japan’ fired missiles at US ship

US President Donald Trump on Wednesday said “the Islamic Republic of Japan” fired missiles at a US aircraft carrier, apparently confusing long-time ally Japan with Iran. Trump made the remark during a meeting with Ukrainian President Volodymyr Zelensky in the Turkish capital Ankara on the sidelines of a Nato summit. “We had 111 missiles shot by the Islamic Republic of Japan,” Trump said. He went on to say that the missiles were shot at the aircraft carrier Abraham Lincoln over a period of one...

+++ Iran War +++: USA attacks around 90 targets in Iran

Kuwait under attack again - sirens wailing in Bahrain too +++ Reports: USA attacks railway bridge in Iran +++ Pakistan calls on USA and Iran to show restraint +++ The news blog.

Former PolyU student arrested for allegedly submitting fake academic documents

A former Hong Kong Polytechnic University student has been arrested for allegedly using forged academic documents at his alma mater, the South China Morning Post has learned. A source said a university staff member filed a police report on Wednesday afternoon, alleging that the 22-year-old man had submitted one fake certificate and two fake transcripts. “The man enrolled in an electrical engineering programme in 2022 but was asked to leave in May last year due to poor academic performance,” the.

Overcapacity: China is threatened with a relapse into deflation

New inflation data suggests that China's manufacturers cannot escape the negative price spiral. This is also likely to have an impact on national growth figures.

Nikkei, Kospi, Topix: US chip stocks drive prices on stock exchanges in Japan and South Korea

On Thursday, the suppliers of the artificial intelligence boom will increase again. The weeks of price falls appear to be over for now. The trigger was rising prices on the US stock exchange Nasdaq.

LG's $1bn move shows Vietnam climbing semiconductor value chain

Russia fuel crisis spills over to Central Asia as drone strikes bite

Apple supplier Luxshare slips in Hong Kong's biggest listing of 2026

Philippines got an economic upgrade, yet many Filipinos feel it’s no ‘big deal’

The World Bank recently upgraded the Philippines to an upper-middle-income country, but that classification makes little difference to many Filipinos grappling with rising cost of living, debt and stagnant wages. “I laughed actually. Like, for real? Where did the data come from?” Ann Michelle Federez-Abato said of the July 1 announcement that her country’s gross national income (GNI) per capita had reached US$4,850 in 2025, surpassing the US$4,636 cut-off for upper-middle-income...

State election: What an AfD government in Saxony-Anhalt could change

New cabinet, restructuring of the administration, new state campaign, school reforms: What the AfD could implement if it wins the election in Saxony-Anhalt - and where it faces legal and financial limits.

Economic uncertainty: Survey: Germans worry about their financial future

Inflation and crises put many people under pressure: in a survey, more than half of Germans plan to save more or reduce expenses in the future.

Annual report for 2025: Federal police balance: fewer crimes - more violence

The federal police are detecting more violent crimes. What the current annual report shows about this and migration developments.

Lions dead, zebras on the run as floodwaters devastate zoo in southern China

A zoo in Guangxi Zhang autonomous region has lost more than 100 animals in the flooding that is affecting southern China, with the zookeeper calling for help from the public on social media. According to an official notice on Wednesday, two zebras, 30 peacocks, two ostriches, nine deer and multiple parrots were among the animals lost when some of the cages at the Guigang Zoo were damaged. “To ensure public safety and that of those animals, we implore the public to provide tips to assist in...

Democrat Graham Platner exits key US Senate race, but denies rape allegation

Graham Platner, a scandal-plagued Democratic Senate nominee whose insurgent rise had drawn comparisons to Donald Trump, ended his campaign on Wednesday after a rape allegation threatened to derail one of his party’s best chances of flipping a Republican-held seat. Platner, a Marine veteran, oysterman and political newcomer, won last month’s Democratic primary in the northeastern state of Maine to face Republican Senator Susan Collins in November’s midterm elections. His withdrawal gives Maine...

Oil extends gains as Iran-U.S. tensions raise concerns over supply disruptions

Oil rises Thursday, amid worries over supply disruptions in the Middle East following fresh strikes on Iran by the U.S. military.

Infrastructure: Schnieder sees heat protection as an increasingly important task

Temperatures are rising again in Germany. Are motorways and railway lines prepared for this?

Goldman Sachs forecasts 50% jump for battery giant CATL’s shares as energy storage takes off

Contemporary Amperex Technology Co Limited (CATL) will see 50 per cent growth in its share price to a record high over the next 12 months, as it benefits from rising demand for energy independence, according to Goldman Sachs. The Wall Street investment bank expected CATL’s battery energy storage system business to be its next value-creation engine, though the market is viewing the business more for its potential to increase battery volumes. “We see a strategic integration push that can lift...

China consumer price growth weakens in June while producer inflation rises to near 4-year high

Investors increasingly view China's two-speed growth with robust export and tepid domestic demand as a defining long-term feature of the Chinese economy.

Insurance: Floods lead to greater economic damage

Allianz Trade has examined the consequences of floods in Europe. The credit insurer advises investing in flood protection.

Families: Child benefit without an application in the Bundestag - that's what it's all about

The federal government wants to reduce bureaucracy. This also includes a measure from which many parents should benefit.

Dispute over Arctic island: Trump: troop withdrawal from Europe depends on Greenland deal

Donald Trump's planned troop withdrawal is causing nervousness in Europe. According to the US President, how big it will be also depends on another point of contention.

Traveling in Germany: Seven places that satisfy wanderlust - without a flight

See a geyser bubbling? Want to stand on a table mountain? Or marvel at a fjord? You don't have to go to Iceland, South Africa or Norway, but to Rhineland-Palatinate, Saxony or Bavaria.

Fresh money for start-ups: Quantum Diamonds receives funding from the European Chips Act

Diamonds against chip scrap: A Munich start-up is the first to receive EU funding for a technology that makes defects inside microchips visible - and could save millions.

KI: “We are only scratching the surface”: Investor sees a lot of tech potential in Europe

The Danish investment company Novo Holdings is the investor in the new EU growth fund. In an interview, her boss explains which sectors the money can strengthen.

Trend district: This is how the crisis at Audi is affecting the Ingolstadt housing market

The city on the Danube is dominated by the automotive industry. The crisis there is also affecting the real estate market. Nevertheless, prices are rising.

Jana Puglierin: NATO seems to be dead and alive at the same time

There is an opportunity for the Europeans to act militarily within NATO without American leadership and without the consent of all allies. A guest post.

Data protection: US ruling massively increases risks for German companies

A Supreme Court ruling weakens an important US authority and thus endangers the legal basis for data traffic from Europe to the USA. The German economy is alarmed.

Overload: Why employees collapse in silence and how bosses take countermeasures

Quiet cracking slowly destroys motivation and performance. Psychologist Corinna Häsele explains how managers intervene early and why the boss is not allowed to be a firefighter.

Car manufacturer: Dwindling sales, falling profits: That's how big BMW's China problem is

An exclusive data analysis shows: The numbers in the most important individual market are collapsing. The new CEO Milan Nedeljkovic is looking for a way out.

Global warming: June was the warmest in Western Europe since records began

The heat wave at the end of June broke many temperature records. New data now shows: June in Western Europe also set a record.