Finance news

In Malaysia, school bullying K-drama Teach You a Lesson hits home

Nisa Mohd did not send her daughter to boarding school unprepared. Before the now 17-year-old left for Melaka, her mother enrolled her in silat, the Malay martial art, and made one instruction clear: report any trouble immediately. She still watches for shifts in her daughter’s mood each time they speak. Millions of parents across Malaysia recognise her vigilance, with the country still following the inquest into the death last year of 13-year-old Zara Qairina Mahathir and a steady succession of

In 2016, ‘China’s Disneyland’ opens with localised attractions in Shanghai – SCMP archive

Disney opens Shanghai park, with eye to future By Mandy Zuo (Additional reporting by Nikki Sun) This article was first published on June 16, 2016 China represents “incredible potential” for Walt Disney, said company chairman Bob Iger ahead of the opening of its Shanghai theme park today (June 16, 2016). The US$5.5 billion complex is the first step onto mainland soil by the Western media giant as it seeks to grow its brand beyond already saturated markets back home. And the company was already...

IMF chief warns energy recovery to take time after US-Iran ceasefire

The Fund downgraded global growth projections due to the impact of the war

Hong Kong poultry stall suspended for disinfection after bird flu trace detected

A poultry stall at a Hong Kong market has been disinfected after an environmental sample tested positive for the H9 bird flu virus, with shoppers remaining largely unfazed despite a recent infection involving a two-year-old boy. The affected stall, the only live poultry shop operating inside Sha Tin’s Wo Che Market, temporarily suspended operations on Tuesday morning for cleaning. The shop owner and three staff members were seen scrubbing live chicken cages and wiping down price tags while...

Care: District council considers the 100,000 euro limit for care costs for parents to be too high

Children only have to cover their parents' care costs if they earn more than 100,000 euros. The Minister of Health wants to change that - and is supported by the district council.

Ukraine’s demand for tiny drone laser-targeting systems spurs new product launches

Companies rush to miniaturize the technology for marking targets on the battlefield, making it suitable to ride on small unmanned aerial vehicles.

Belarus’ Lukashenko tells Russia, Ukraine to make ‘compromises’ and end war

Belarusian President Alexander Lukashenko, one of Kremlin leader Vladimir Putin’s closest allies, said in an interview published on Monday that Russia and Ukraine must compromise to end the war that has raged for more than four years with no end in sight. Lukashenko, whose ex-Soviet state has been improving ties with Washington, also said that ‌he would not rule out meeting US President Donald Trump. Lukashenko told Al Arabiya television that it was clear that victory on the battlefield was...

Military stealth coating sold as cheap house paint? China might do it

Radar-absorbing materials have long been associated with stealth fighters, cruise missiles and other high-end military platforms for which performance often comes at a high cost. But in China, some stealth coatings could be moving into large-scale industrial production and driving prices down fast. A team from Foshan University reported a low-cost microwave-absorbing composite made from expanded graphite and titanium dioxide, according to a peer-reviewed paper published in the Journal of...

Alibaba eyes physical world with its first suite of AI models for robots

Alibaba Group Holding has launched its first suite of artificial intelligence models for robots, joining a global race to move AI out of chatbot windows and into the physical world. The Hangzhou-based tech giant on Tuesday introduced the Qwen Robot Suite, marking its latest foray into “embodied AI” – machines that can perceive, reason and interact with physical environments. Developed by Alibaba’s AI research unit, Tongyi Lab, the suite has already entered pilot testing with selected Alibaba...

SK's triple play and Japan's subsea strategy

BOJ hikes rates to highest level since 1995

Mongolia aims for deeper ties with 'third neighbor' Japan

Disney vows expansion of Shanghai park in second decade

Japan's Nikkei hits 70,000 as BOJ rate hike sparks rally

Bangladesh bets $3.2bn to avert a banking crisis but reforms elusive

Central banks expect their gold reserves to rise as de-dollarization continues

Australia central bank warns hikes are not off the table as it keeps rates steady at 4.35%

In its statement, the RBA said that inflation was "still too high," which warranted to keep the cash rate unchanged

Fewer cars sold: “China’s automobile market is under increasing pressure”

China is one of the most important sales markets for Germany's car manufacturers. However, recent market data raises concerns. VW sees itself prepared, but is hinting at changes.

Asset protection: Fear of war and taxes – these countries attract German millionaires

A passport broker explains what bothers the super-rich in Germany - and why they find a new home for their wealth on Nauru and Italy.

China’s Miao people believe human life symbolised by trees, depicting birth, hardship, death

China’s Miao ethnic group reveres trees, believing that they symbolise the life of humans, they also worship the vegetation at important stages of life. The Miao people, whose population numbers over 10 million, inhabit central and southern China’s Guizhou, Yunnan, Guangxi provinces, and have a traditional Flower-Jump Festival every year. At this time, people gather around a 10-metre-tall flower tree made by the revered elderly in the village with evergreen tree branches, and dance around it on.

China’s Refinery Runs Hit Four-Year Low as Crude Imports Collapse

Chinese refiners reduced their run rates to the lowest in four years as crude imports dropped to an eight-year low, Bloomberg reported today, citing official statistics data. The average run rate for Chinese refineries in May stood at 66.3%, with total volumes processed over the month down by 9.1% on the year to 53.72 million tons, the data also showed. The data follows earlier figures released by China’s statistics agency showing that crude oil imports into the country plummeted to the lowest s

India touts new ballistic missile defense prowess after tests

India aims to joint a small club of countries capable of bringing down incoming missiles with technology made domestically.

Plastic straw: Capri-Sun boss calls straw petition “poorly done”

The company has been fighting for a return to plastic straws since 2024. A petition for this has now failed. What the Chairman of the Board of Directors says about it.

Bank of Japan hikes rates to 1%, highest since 1995, as yen and inflation worries take hold

This is the BOJ's first hike since December, when it raised rates to its current level of 0.75%, also its highest level in over 30 years.

How are we feeling about the Roku Fox deal

As the title says, ive been watching this buyout deal for a while. Im expecting a hike in roku price after the buyout and im curious on the sentiment around this deal. Given the generally negative sentiment towards fox, it could also go the other way. submitted by /u/Brasalies [link] [comments]

Shipowners hold off on Hormuz transit until US-Iran deal proves ‘material’

Shipowners ⁠will not resume transit through ⁠the Strait of Hormuz for weeks until they are confident that the US-Iran deal is “material”, the CEO of Japan’s Mitsui O.S.K. Lines told the Financial Times in an interview published ‌on Tuesday. The Iran war that began on February 28 with US-Israeli strikes largely stopped shipping through the transit route for around a fifth of the world’s oil and liquefied natural gas supply, along with products such as aluminium and urea. Mitsui O.S.K., one of...

Chip industry: Siltronic is raising 273 million euros in fresh capital

Siltronic is using the share price boom for a capital increase: three million new shares bring 273 million euros to strengthen the balance sheet and for AI growth.

Drinking bag manufacturer: Capri-Sun boss on straw petition: “badly done”

The company has been fighting for a return to plastic straws since 2024. A petition for this has now failed. What the Chairman of the Board of Directors says about it.

Financing your own home: "Shit, now you have a huge house with debts on your back"

Well wall street betting friends build a house. I find both of them completely crazy: I day trade with a time horizon of seconds to minutes, which means I analyze probabilities and market structures of large stock indices, such as the S&P500 and the Nasdaq. All I need for the job is fast internet, nothing else, I can do it from anywhere. I sometimes plan my swing trades over days or weeks. I work with clearly defined risk management. Whereby I am in the B

SpaceX is now at over $200 dollars overnight, who would have expected that?

Completely overpriced or still a good long-term investment, what do you think? submitted by /u/AlbatrossHummingbird [link] [comments]