Finance news

As short-sellers circle the yen, a repeat of 1997 Asian crisis looms

Japan is falling into a trap in defending its currency against the US dollar, like Thailand in 1996. Japan’s large forex reserves make the yen a juicy target, rather than deterring currency predators. Its fundamentals are weak and deteriorating, making the yen’s further decline inevitable. Japan can’t raise interest rates aggressively to defend its currency due to its high national debt. It could fall into an inflation-devaluation spiral, greatly profiting yen short-sellers. The yen is trading..

90% of Global Businesses Expect to Electrify Operations by 2035

An overwhelming 90% of global businesses expect to electrify their operations by 2035 amid geopolitical instability fueling volatility in fossil fuel supply and prices, a new survey showed on Monday. The polling, conducted by consultancy Public First across key economies and emerging markets, was commissioned by E3G, We Mean Business Coalition, and the Global Renewables Alliance. The survey in late April asked 1,994 business CEOs, VPs, directors, or senior-level management of medium and large or

Expensive Art: How Google's AI Identified a Painting

Helene Plotkin bought a painting for $100. Then an AI took a closer look. It was sold at an auction in Scotland for around 220,000 euros.

Mirror dancer left with ‘catastrophic disabilities’ awarded HK$6.29m in damages

A Hong Kong court has awarded HK$6.29 million (US$802,698) in damages to a dancer left paralysed after being struck by a falling giant screen during a concert by Cantopop boy band Mirror four years ago. In a written judgment on Monday, the District Court ruled that Mo Li Kai-yin was entitled to substantial damages from his employer, Studiodanz, under the Employees’ Compensation Ordinance after suffering from “catastrophic” injuries in the accident at Hong Kong Coliseum on July 28, 2022. Judge...

Moving from a €10k/year Bank Mandate to a Self-Managed ETF Portfolio – Feedback on Allocation?

Hi all, I’m looking to move our family portfolio away from a discretionary bank mandate into a self-managed ETF portfolio. The main drivers are high costs (currently running above €10k annually) and underperformance from the active management. Our horizon is long-term wealth generation (even past retirement, as we will receive state pensions), with some optionality for future life events like the kids' university or housing. The EUR figures below are just for scale, but the percentages are the r

France picks MBDA-Safran combo to supply multiple rocket launcher

Paris snubbed competing offers from Thales and ArianeGroup, as well as from U.S. defense giant Lockheed Martin and South Korea's Hanwha Aerospace.

Space company: OHB is getting ready for the M-Dax

The satellite provider only has a small free float. That should change. For this purpose, the financial investor KKR is selling shares and there is a capital increase. Tailwind comes from the SpaceX IPO.

London court convicts 2 men of plot to torch houses and car linked to UK PM

Two men were convicted on Monday of a plot last year to set fire to property linked to British Prime Minister Keir Starmer. The fires in May 2025 damaged the home Starmer moved out of when he became prime minister, as well as an apartment building he once owned a share of and destroyed his former Toyota SUV. Nobody was injured in the blazes. Ukrainian national Roman Lavrynovych, 22, and Stanislav Carpiuc, a 27-year-old Romanian citizen, were found guilty of a conspiracy to damage property by...

Top meeting: G7 summit starts with a signal of hope

The Iran war has divided the United States and its European allies. The agreement in the Middle East could now bring relaxation to transatlantic relations.

Vietnam adds health checks as tourism boom strains airports

Trump may get birthday gift of an Iran deal, but the party may be messy and short-lived

The announcement of an impending Iran deal could not have been a better birthday gift for President Donald Trump – but celebrations could be short-lived if fragile details of the agreement fail to hold. Obstacles will not be easy to overcome, Chinese observers say. Any lasting framework must navigate uncertainties around the fate of Iran’s nuclear programme under its new regime, the mechanisms of sanction relief for Tehran and a rattled Israel, which has vowed to remove what Prime Minister...

Investment: Up to 14 percent annual return: Which robo-advisors perform best

Digital asset managers achieved double-digit returns in 2025, as a new analysis shows. The solutions are particularly suitable for two types of investors.

Bundeswehr: “The arms industry must speed up”

Renk's gearboxes are installed in a number of tanks. In an interview, company boss Alexander Sagel talks about how he wants to triple his production - and why a decision from VW is helping him.

Takeover battle: Unicredit threatens Commerzbank with replacing the supervisory board and management board

The Italian financial institution is speaking openly for the first time about removing the top management of Commerzbank. This would also be an affront to the federal government.

World trade: This trade bottleneck remains critical for Germany

The Iran war has shown how vulnerable global trade is. The Strait of Hormuz is not even one of the most relevant bottlenecks. Germany faces bigger problems elsewhere.

Treasury yields slide as Iran deal drives rethink on Fed interest rate hikes

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over 4 basis points to 4.441%.

China reaches mass production of key isotope in quantum computing, Beijing says

China has achieved a breakthrough in production of an ultra-pure form of silicon, a critical material needed to build silicon-based quantum computers, as Beijing accelerates its drive to cut reliance on foreign technology in strategic areas. State-owned nuclear giant China National Nuclear Corporation (CNNC) said on Monday that one of its research institutes had successfully mass-produced a high-purity silicon-28 isotope with an isotopic abundance above 99.99 per cent. The achievement marked...

Car loan or not?

Surprisingly, I unfortunately have to change my job and give up my company car. My mistake was not paying more into my current account. I currently have 6,000 euros in cash and 100,000 euros in various ETFs. I now have to buy a car for my new job. Since I need a station wagon and want to maintain a certain standard of living, a cheap car with good equipment would be important to me, within the range of 13,000 to 15,000 euros. (You're welcome to come here too

Fox to buy streaming device maker Roku for $22 billion

Fox, the owner of the news and sports networks, said it has reached a deal to acquire Roku for about $22 billion in enterprise value.

Get out of debt, but how do you go about it?

Hey, unfortunately I got a little into debt and am now considering how to get out of it. Unfortunately, my dog ​​was euthanized on Saturday. Due to the veterinary costs of the last few months, a move and some stupid decisions, I slipped into it a bit. I'm a little ashamed to write this, but looking away doesn't help. Current status: Account: -1100€ Credit 1: 90€ per month. until December 2026 Loan 2: €140 per month. until May 2028 Credit card: -550€ Go

Armament: “Do we want to treat France like China?”: Dispute over tank manufacturer KNDS escalates

Shortly before the IPO, the fronts between Germany, France and the management hardened. Berlin demands veto rights. A vote of no confidence in Paris?

USA: Fox buys Roku for $22 billion

The television company buys the platform and thus drives consolidation in the US media industry. The Murdoch Group is fully committed to sports and streaming.

Coalition struggles for reforms: Söder calls for compromises - “Doomed to succeed”

The wolves are at the door, warns CSU boss Söder - and sees the Berlin coalition under maximum pressure to deliver. He doesn't want to draw any red CSU lines. With one exception perhaps.

Digital sovereignty: “Europe is the last open flank”

The USA has banned foreign routers, China has never opened its market to foreign providers. Only Europe is watching. Four European router manufacturers now want to change that.

U.S.-Iran deal explained: What we know — and what remains unresolved

Stocks rose after a preliminary U.S.-Iran agreement, but questions remain over Hormuz, Israel and what follows a potential signing in Geneva.

Difference between neobanks and online banks

As the title suggests. What is the difference between neobanks and online banking? In the end it's the same thing, right? submitted by /u/MicK_161 [link] [comments]

Armaments industry: Renk is building its first tank - unmanned military equipment should be ready for series production in 2027

The tank transmission specialist teams up with the Finnish defense company Patria. At the Eurosatory arms trade fair in Paris, the companies are presenting an unmanned tank.

China’s Return to the Oil Market Could Boost Inflation

The U.S.-Iran agreement to reopen the Strait of Hormuz could prompt China to return to buying more crude after months of multi-year-low purchases, which could reignite inflationary pressures despite the expected ease of oil flows from the Middle East. Late on Sunday, the U.S. and Iran announced a deal to reopen the Strait of Hormuz more than 100 days after its closure. This re-opening could happen as soon as an agreement is signed on Friday. News of the deal sent oil prices tumbling early on Mon

From Habermas to Kevin Warsh: Five minds to watch out for this week

From philosopher Jürgen Habermas to Fed Chairman Kevin Warsh: Who plays a role from Monday to Sunday - and why.

Top meeting on Lake Geneva: G7 summit starts with a signal of hope

The Iran war has divided the United States and its European allies. The agreement on a framework agreement could now bring about a significant easing of tensions in transatlantic relations.