Finance news

Top operative of China-born tycoon Chen Zhi extradited from Cambodia

Liu Ren, a central figure of a criminal group masterminded by Chinese tycoon Chen Zhi, has been extradited from Cambodia to China. Chinese police recently escorted Liu from Cambodia back to China, the criminal investigation department of the Chinese Ministry of Public Security said in a statement on Wednesday. The statement said Chen – who was extradited to China earlier this year and is accused by both Beijing and Washington of transnational fraud – directed Liu in 2016 to found a group called.

Prevent breakdowns and accidents: This is how you can do a quick check of your car before you go on holiday

Stress before departure? A five-minute check on the car increases safety - and helps to avoid unplanned stops during your vacation trip.

Fight against cancer: Is Biontech losing touch?

Biotech company Moderna is planning a first cancer vaccine. And is considering taking over Biontech plants. What chances the Mainz rival still has in the future.

Sexual abuse against children up 20% in 2025 as security chief vows tighter laws

Sexual abuse cases against children under 17 jumped 20 per cent in 2025 from the previous year in Hong Kong, with the security minister vowing to tighten laws that will better protect victims by next June. Police figures presented to legislators on Wednesday showed that there were 797 cases of sexual offences against children last year, up from 663 cases in 2024. In 2021, there were 599 such cases. The figure fell to 578 the following year but rose to 696 in 2023. Statistics for 2025 also showed

Investment: These four “momentum” stocks in the Dax deserve special attention

The long stock market boom makes stocks more expensive, but not all of them. Few companies are increasing their profits so much that their shares have become cheaper despite higher prices. An overview.

Real Estate in Court: All homeowners must pay for new skylights

A roof needs to be renovated. Only the attic owners should pay to replace the upper windows. But one owner is fighting back.

CLNE to Deliver LNG Systems for 2 Power Projects in Puerto Rico

Clean Energy Fuels won contracts to design and install liquefied natural gas fuel systems for 2 power projects in Puerto Rico by PR Energy Partners and an unnamed international healthcare manufacturer.

SpaceX: When history matters more than cash flow

On the stock market, good stories often bring more success than reliable numbers, as SpaceX shows. This is how investors can see whether there is real substance behind the hype.

Space travel: Ariane 6 rocket flies into space with more powerful boosters

The European rocket Ariane 6 is becoming even more powerful: a new booster gives the rocket more thrust. It's going into space for the first time.

Car prices and purchases

I hope I'm in the right place with this question. ​ And I'll soon be finishing my master's degree and will have a job starting in October where I'll get 3.3k net. Of this, €1,000 should go towards my retirement provision, €800 for any large purchases and the rest as fixed costs. ​ I'm currently driving my father's old car that I was given as a gift. But this one is slowly giving up the ghost. Now the question arises about a new car. However, I'm not a fan of financing (

Poland weighs joining X-BAT autonomous vertical-takeoff fighter program

The announcement comes as the Polish government is mulling plans to acquire up to 32 new fighter jets.

Anthropic asked for regulation. Washington went much further

Anthropic has long been supportive of AI regulation, but the Trump administration is coming down particularly hard on the AI company.

Welfare state: founders and managers make an urgent appeal for reforms

Shortly before the planned reform of pensions and the welfare state, over 100 founders and managers are calling for a renewal of Germany as a location. They suggest steps - combined with a warning.

Current oil price: Oil prices are only recovering slightly after reaching a multi-month low

After Tuesday's sharp decline, oil prices are stabilizing. Brent is now only around nine percent above pre-war levels. Latest news in the oil price news blog.

Chinese chip-equipment maker CFMEE targets US$410 million in Hong Kong IPO

Chinese lithography and integrated circuit manufacturer Circuit Fabology Microelectronics Equipment (CFMEE) is set to launch a Hong Kong listing next week, as China continues its drive for semiconductor self-sufficiency amid US sanctions. The company, based in Hefei, Anhui province, said on Wednesday that it would offer more than 12.8 million H shares globally at a price range of HK$240.09 to HK$252.73 apiece, raising up to HK$3.2 billion (US$410 million). The offer period will run until next...

It’s time the West genuinely accepted China’s global ascent

In 1996, the bestselling China Can Say No, co-authored by a group of intellectuals, reflected a nascent rejection of worship of the West and a rise in Chinese nationalism. Thirty years on, China is not just saying “no” to the West, it possesses the strategic leverage to hit back, underpinned by its dominance in global supply chains, rare earth minerals and critical green technologies. China’s confidence is perhaps most evident in its rebuttals and forceful countermeasures against Western claims.

ECB: Iran Peace Deal Won't Erase Europe's Energy Price Shock

Europe will have to contend with the energy price shock for months despite the tentative U.S.-Iran agreement to end the war and reopen the Strait of Hormuz, European Central Bank (ECB) officials said this week. The ECB last week raised key interest rates for the euro area for the first time since 2023 as the Middle East conflict hiked energy prices that have started to feed into core inflation. The ECB raised the key interest rate by 25 basis points to 2.25%, its first hike since 2023. Eurozone

Appeal: New proceedings regarding allegations of cheating against Milka packaging

Less chocolate, almost the same packaging: Why the dispute over the Milka bar is entering the next round.

Can Singapore’s education system take ‘late bloomers’? Harvard speech reignites debate

When Singaporean Joel Tan stood before fellow Harvard Medical School PhD graduates recently, he recalled how the chance to study biology had once seemed unrealistic because he was told his grades were not good enough. “I often think about how much of my life depended on someone, somewhere, deciding that my past performance did not have to define my future potential,” said Tan, who delivered the student address at the Harvard Medical School-affiliated PhD programmes’ hooding ceremony on May...

Technology: Bezos sees AI as a driver of labor shortages instead of job losses

Jeff Bezos refutes concerns about job losses due to AI. The technology will increase labor shortages and create new tasks, he says in Paris.

Fewer dollars and fuzzier standards: inside the push to weaken Washington’s toughest financial watchdog

The SEC used to intimidate corporate wrongdoers. Now its own commissioners are gutting its leverage.

Shooting of Russian artist critical of Putin in Poland likely ‘political murder’: Tusk

The fatal shooting in eastern Poland of a Russian artist known for his caricatures of Russian President Vladimir Putin was likely politically motivated, Polish Prime Minister Donald Tusk said on Wednesday. “All indications are that this is a political murder,” Tusk said of the killing of Semyon Skrepetsky, whose real name is Robert Kuzovkov. “If it was commissioned by Russia, then this is also a very serious matter with an international dimension.” According to Polish officials, Skrepetsky was..

+++ Football World Cup 2026 +++: “For me, that’s a red card”: Shouldn’t Messi’s three-goal gala have happened at all?

“World Champion Oida!” – Austria video becomes an internet hit +++ Fuss about possible espionage on the South Korea team +++ Turkish broadcaster fires commentator after faux pas +++ The World Cup news blog.

Goodbye, Allbirds. Hello, ‘Smartbird’: Once-trendy sneaker maker’s bizarre transformation into an AI company becomes official.

Smartbird finalized the divestiture of its sneaker assets as the company eyes greener pastures in the AI-computing business.

Taiwan's top diplomat seeks tighter Philippine ties against China coercion

'BOJ shadow governor' Bessent pushed for rate hike

Asian streaming services go big on microdramas and AI content

TotalEnergies Doubled Oil Trading Profit in Q1

TotalEnergies's oil trading profits doubled to about $1 billion in the first quarter as the energy giant went on a crude buying spree in the run-up to the Iran war, its CEO said.

Electric Porsche: Porsche Taycan now plays combustion engine again on request

The first electric Porsche is now rehearsing the role backwards, at least a little: there is now a virtual circuit for more emotion and the combustion engine feeling. And that's not all.

An oil bull’s ‘insane’ bet: Why this veteran trader is buying energy stocks as crude prices tumble

Former institutional trader Kevin Muir pushes against the market tide with a call to buy oil now.