Finance news

US-sanctioned 'teapot' refiner Hengli leads China petrochem profit spike

Samsung profit soars 19 times but shares slump 6.9% on oversupply worries

Japanese bond yields march toward 3% as fiscal fears escalate

Tokyo's property boom is a warning, not a crisis

Japan's Sumitomo Mitsui Trust Bank to invest in NZ infrastructure investor

Japan's blockchain-based security tokens to open to foreign investors

Fees not refunded?: Consumer advocates are examining class action lawsuit against airlines

Airlines must refund taxes and fees on unused tickets. But not all airlines adhere to this.

Former ‘Grey’s Anatomy’ star Katherine Heigl is selling her gorgeous Utah home for $10.6 million

Katherine Heigl is selling her longtime Utah retreat 14 years after she left the Hollywood spotlight to enjoy a quieter life with her family at the extraordinary mountain home.

Dennis Quaid lists L.A. home for $5.2 million and makes the move to Nashville

The sun-soaked lifestyle he was able to enjoy at the home wasn’t enough to keep Quaid tethered to California, with the actor revealing recently that he made the decision to quit Los Angeles altogether.

Household: Soon there will be less help from the state for climate-friendly heating

The federal government wants to save on funding for heat pumps and other types of heating that are less harmful to the climate. What exactly is planned.

Household: Climate-friendly heating: soon less help from the state

The federal government has to save money. This also applies to funding for heat pumps and other types of heating that have less impact on the climate than gas and the like.

Gasoline Sees 3rd Most Expensive Independence Day Ever

'Average gasoline prices fell in nearly every state over the last week...pushing the national average to approximately $3.74 per gallon this July 4', Patrick De Haan, Head of Petroleum Analysis at GasBuddy said.

China submarine fires long-range missile ahead of Nato summit

Nato chief Mark Rutte said the alliance “cannot be naive” about China’s military build-up, after the nation conducted its first known launch of a strategic missile from a nuclear submarine. “What happens in the Indo-Pacific is relevant to what is happening in the transatlantic,” Rutte told a news conference on Monday, ahead of the military alliance’s annual summit in Ankara, Turkey. The Indo-Pacific and European theatres were becoming “more intertwined”, as was also shown by China’s support for.

Arms deal at the NATO summit: First US rocket production is built entirely on German soil

On the sidelines of the meeting in Ankara, a historic deal was reached between Rheinmetall from Germany and Lockheed Martin from the USA.

How Bersama could cost Malaysia’s Anwar the Johor poll

Malaysia’s former economy minister Rafizi Ramli and his breakaway party, Bersama, are unlikely to emerge as a credible third force in the country’s political landscape, but they could still siphon votes away from the reformist Pakatan Harapan (PH) coalition led by Prime Minister Anwar Ibrahim. Bersama’s first electoral test, in Johor on Saturday, will be watched less for the number of seats it wins than for the votes it might peel away from PH in multi-cornered contests, where analysts warn...

Sri Lanka probes prison riot as death toll rises to 27

Sri Lanka launched an investigation on Tuesday into its deadliest prison riot in years, as the death toll from clashes between rival drug gangs rose to 27. Armed police and commandos were not sent into the prison but were deployed to guard the perimeter of Negombo prison, as authorities tightened security following the clashes on Monday that also wounded more than 100. Justice Minister Harshana Nanayakkara told parliament on Tuesday that a criminal investigation had begun alongside a...

What’s the best broker for daytrading?

im trying to figure out what works best for me, tried a few but none were really comfortable and didnt stick with me. looking forward to hearing your experiences and your suggestions thank you guys<3 (No financial advice needed, just curious about your platform software, UI and execution speed). submitted by /u/corjoca [link] [comments]

Internacional Golden Butterfly core portfolio

I’ve been pretty much all-in on tech and growth since 2020, and honestly it’s worked out way better than I expected. Lately though, I’ve been thinking about building an actual core portfolio and just keeping growth as a satellite position. Maybe even going 50/50. The idea I keep coming back to is basically an international take on the Golden Butterfly: 40% VT 20% SHY 20% TLT 20% GLD Curious what you guys think. Am I overthinking it after a great run, or does this make sense? submitted by /u/hill

NATO summit: NATO no longer relies on US aircraft for reconnaissance

NATO announces billion-dollar arms deals on the sidelines of its summit in Ankara. One of the new “eyes in the sky” is particularly explosive.

Traveling in danger: Forest fire at your holiday destination: You have these rights

If there are flames blazing nearby and the smell of smoke hangs in the air, rest is out of the question. What do holidaymakers need to know in view of the spreading forest fires in southern European countries?

First Mercedes, now VW: 3 reasons why the German car workforce is simmering

The situation in the German auto industry has been tense for a long time. But now the mood among the workforce is threatening to change - which is why protests are forming against further austerity measures.

Corporations in transition: power and size

Financial success is largely based on economic power. What does this mean for companies?

Getting rid of NVDA or AVGO (Broadcom)?

Hi everyone, I'm holding both NVDA and AVGO stock and am looking to derisk given the uncertainty/possibility of an AI bubble bursting and the fact that I'm holding multiple AI-focused stocks at once. If you had to get rid of one stock to derisk and reinvest elsewhere (most likely a safer ETF), which would you sell today? NVDA or AVGO? Curious to hear your thoughts! Not necessarily investing advice but more your moves. submitted by /u/Sensitive-Avocado972 [link] [comments]

Oil market: Adnoc buys South African Shell gas station network

The Abu Dhabi-based company is taking over Shell's South African oil business for $1 billion. This means the company continues to grow abroad.

Debt brake: Greens want to remove exemption for defense

The government coalition has failed in the agreed reform of the debt brake. Now the Greens are making a proposal – and specifying exactly what debt would still be possible for.

To boost manufacturing, India need not choose between Japan and China

Last week, Japanese Prime Minister Sanae Takaichi led a business delegation to New Delhi for the 16th India-Japan annual summit. During last year’s summit in Tokyo, Takaichi’s predecessor, Shigeru Ishiba, and Indian Prime Minister Narendra Modi outlined the Japan-India Joint Vision for the next decade – during which period India may see up to 10 trillion yen (US$62 billion) in investment from Japan. Some of Japan’s most notable investments in India have been in the financial sector. Japanese...

Auto industry: VW austerity measures - union calls for a day of protest

IG Metall is calling for a nationwide day of protest against stricter austerity plans at VW. Actions are planned at all locations - but there should be no warning strikes for the time being.

4 Million Barrels of Saudi Crude Set to Transit Strait of Hormuz

Two very large crude carriers loaded with Saudi crude are heading for the Strait of Hormuz in the latest sign of recovering traffic via the vital oil chokepoint. The tankers are owned by Japanese companies, Reuters said in a report citing data from Kpler and LSEG. According to the Kpler data, the tankers, operated by Nippon Yusen KK and Kawasaki Kisen Kaisha, had loaded Saudi crude on March 1, after which they got stuck in the Strait of Hormuz after Iran shut down traffic through the waterway. B

Syria: Macron visits Syria - explosion near his hotel

First visit since the end of the civil war: France has historically had close relations with Damascus. But now it's also about tangible business and security interests.

Oil prices rise after report of Iranian attack on commercial ships in Strait of Hormuz

Brent and U.S. crude futures rose after a report of an Iranian attack on commercial ships in the Strait of Hormuz.