Finance news

South Korea, Indonesia rein in derivatives trading to defend currencies

Toyota's shakeup of racing division leads to Le Mans enduro crown

Will Beijing’s tighter capital-control rules dampen Hong Kong’s housing rebound?

New homes that Hong Kong developers will launch in the coming days and weeks will serve as a crucial test of the impact of Beijing’s latest capital-control measures, amid signs of recovery in the city’s residential property market. “Seemingly, a number of developers have turned more cautious in launching primary projects of late,” said Jack Tong, director of research and consultancy at Savills Hong Kong. Mainland Chinese buyers had accounted for about a third of all home purchases in Hong Kong..

North Korea plays US-China rivalry card to justify ‘irreversible’ nuclear status

North Korea’s latest spirited defence of its nuclear arsenal signals a strategy that goes beyond rejecting international calls to disarm and instead leans into mounting global superpower rivalry to legitimise its weapons build-up. The verbal offensive comes as North Korea could soon face renewed pressure to return to the negotiating table. Analysts say the winding down of the Iran conflict may allow Washington and its allies to refocus attention on the Korean peninsula. Pyongyang has also seized

AI Wars: Why Microsoft, Google and Amazon Are All Fighting Over Power

In March, Microsoft, Google, Amazon, Meta, OpenAI, Oracle, and Elon Musk’s xAI joined President Trump at the White House. Together, they signed a document that will reshape how AI’s biggest companies operate for years to come. They committed, in writing, to pay for every megawatt of new electricity their AI projects will require and to cover all of the grid infrastructure those projects depend on. In short, the seven biggest names in tech told the President they would pay whatever it costs to ke

Iranian American protesters gather as football team prepare for World Cup opener

Iranian Americans streamed into the Los Angeles stadium where Iran play their first match at the 2026 World Cup on Monday, with some calling for Iranians to band together and forget politics while others bore symbols protesting the government. The team arrived at the stadium, having flown into the US on Sunday from their training base in Tijuana, ‌Mexico, touching down in Los Angeles just as a deal was announced to end the US-Iran war. They are set to play New Zealand in Group G at 6pm local...

How are institutional investors buying SpaceX at the absurd valuation?

How are they gobbling up everything elon musk promises spacex will do? such as their AI promises, etc etc. Like, what stops me from making a company, and promising that it will reach a total addressable market of 30 trillion, because i will be selling oxygenated air in bottles, and well, if people pay for water, they can pay for oxygen too. And then i will own like billions of shares of this company and go public, but only offer like 10 shares to the public, so they can fight over it, and increa

People in China are watching the World Cup differently this time

A 12-hour-plus time difference and various streaming options are influencing how people in China watch the World Cup.

Construction industry related stocks?

There are so many constructions in my area now. Schools, apartments and road constructions everywhere. I guess the construction industry is booming What construction related stocks are good to invest in? Caterpillar looks like a solid company, but is the stock price now too high with PE =46? Thank you in advance. I hope this post does not get auto-removed. Let's hope it goes through. submitted by /u/LPhermanos70 [link] [comments]

Accident in the USA: Eight people feared dead in B-52 bomber crash in the USA

A huge US Air Force bomber crashed in California. The military no longer sees any hope for the eight crew members.

General Atomics awarded US Army contract for extended-range artillery round

During a test last year, the company's projectile hit targets more than 74 miles away after being fired from an M777 howitzer.

CNBC's The China Connection newsletter: Waiting for AI to lift the whole market

China's economy sees a lift from artificial intelligence-related industries, while real estate and domestic demand remain lackluster.

An Oil Deal That Ended a War Nobody Won

What happened today is best described, despite much more dramatic categorizations coming out of Tehran and Washington, is a 60-day ceasefire extension, now reportedly signed by both parties, that reopens the Strait of Hormuz, while the original alleged reason for going to war, the nuclear weapons issue, stays open on the negotiating table. Both sides are buying time in order to get the oil flowing through Hormuz. So, today’s deal is an oil deal, first and foremost. It’s not a victory for anyone.

RDDT is insanely under valued, Price Target: 428

For full-year 2026, this fiscal year, Reddit is projected to have $1.02 billion in net income and $3.23 billion in revenue. Let’s strip out the current AI deal of $100 million and assume a 30% tax rate. That would bring net income to about $995 million, giving them margins of 32.5%. Let’s say growth slows down to 45% (Which I don't think it will), which is well below what they are currently growing at. That would bring revenue up to $4.6 billion. Applying a 32.5% margin gets you $1.495 billion i

8 presumed dead after B-52 bomber crashes at US military base in California

Eight people are believed to be dead after a B-52 bomber crashed soon after take-off on Monday morning at a US Air Force base in Southern California’s Mojave Desert, the US military said. “Initial indications are that the crash was not survivable,” Edwards Air Force Base posted on social media. The cause of the crash is under investigation, officials said. There was no information yet on the crew, however aerial footage showed virtually nothing left of an aircraft. Black smoke rose from a large.

Trading 212 confusion. Can someone clarify?

I invested €10 on the trading 212 platform (vanguard s&p 500 Acc and coca cola) and within 24 hours it says my account value is €34.65. I'm wondering if that means I made over €24 already. It seems too good to be true but I'm also very new in terms of investing. I'm not exactly sure what is going on. submitted by /u/Guitarist2021 [link] [comments]

CFTC chair Selig defends decision to approve ‘perps’ in U.S.

Michael Selig said that incumbents will always fear the future, but it's important to develop the new asset class domestically rather than only offshore.

Options traders are bracing for a very busy week, with June ‘triple witching’ and launch of SpaceX contracts on deck

Options traders are bracing for what could be a very busy few days as a number of potentially market-moving developments are being crammed into a shortened four-day trading week.

Left-wing extremism: Why the Federal Prosecutor General is sticking to Klette charges

Even before the most recent conviction, the Federal Prosecutor's Office charged Daniela Klette. What is behind the insistence that the RAF crimes be investigated?

Weapons procurement: Federal Prosecutor General: Hamas was specifically planning an attack in Europe

Federal prosecutors have arrested nine suspected Hamas supporters in recent months. Now the head of the authorities announces: The attack plans were more concrete than previously known.

Web and app tip: Messaging on YouTube is back

YouTube users can chat directly with each other or share videos again. What conditions apply and how the reactivated direct messages work.

Car test: VW customers can only dream of this duo

Different countries, different cars, even with a familiar brand. Because what VW is now selling in China as the ID.Era 9X and ID.Unyx 08 has as much to do with Polo & Golf as dumplings have with Wolfsburg Currywurst.

EU carbon tariff sows havoc in China as steel firms grapple with ‘absurd’ rules

As trade tensions between Beijing and Brussels continue to rise, China’s firms in the European Union have been forced to walk a delicate tightrope: expanding their presence in the lucrative market while grappling with heightened regulatory hurdles and rapid geopolitical shifts. In the first part of this three-part series, we look at a new, complex EU carbon tariff system that has business owners scratching their heads. Neil Miao has been exporting metal hardware to Europe for years. But earlier.

New Estimates Challenge Assumptions About Lost Gulf Oil Supply

In the immediate aftermath of the U.S. and Israeli strikes on Iran that prompted the latter to shut down the Strait of Hormuz, most reports dealt with numbers—numbers showing the amount of oil supply lost due to the closure. Those numbers varied by source, but were all above 10 million barrels daily. Now, traders are saying the loss in supply may be much smaller. “After an initial disruption at the onset of the conflict, flows strengthened as alternative logistics scaled up,” analytics provider

+++ Iran War +++: According to Vance, the Iran agreement is one and a half pages long and “very general”

USA and Iran have signed a declaration of intent to end the war +++ Netanyahu: Israel remains in the security zone in Lebanon for the time being +++ The news blog.

Ukraine Is Winning

Today, “in the fifth year of Putin’s barbaric invasion, the assumption that time is on Russia’s side seems to be increasingly inaccurate,” Senior Fellow Michael McFaul argues in this viral post at his Substack. “The longer this war drags on, the more likely it is that time may, instead, be on Ukraine’s side.” The distinguished scholar explains that Putin failed to achieve regime change in Ukraine and ended up galvanizing Ukrainian identity with his invasion. Ukrainian defense innovations slowed

Why Western Digital’s stock was the S&P 500’s biggest gainer on Monday

Storage stocks are hot as investor appreciation builds for the companies’ pricing potential.

Company Stock Purchase Plan- worth it ?

I invest 5% of my pay into my company’s stock purchase plan which has a 1 year vesting period before I can sell the shares bought quarterly. I normally sell immediately upon the available sell date. However, the stock is down 27% this past year and more than 50% past five years . Although the past 2 or 3 quarterly purchases have been at a low price and I always think there’s no way it will go lower just for it to rise for a few days then go back down. I’ve sold the last two to three blocks of sh

r/Finance be like

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

UK charges Indian captain of suspected Russian shadow tanker seized in Channel

British prosecutors have charged with sanctions contravention offences the Indian captain of an interdicted alleged Russian shadow fleet vessel seized in the Channel, the National Crime Agency (NCA) said on Monday. It follows British armed forces on Sunday intercepting the sanctioned oil tanker Smyrtos – said to belong to Russia’s shadow fleet – in a dramatic operation hailed by Kyiv and London as a blow to Moscow’s war machine. British commandos boarded the ship off the southern English coast..