Finance news

Malaysia to start initial production of homegrown EV battery in July

Filipino workers locked in bitter labor dispute with Taiwanese manufacturer

Japanese travel agency JTB bets on boom in inbound business travel

Indian companies look to Chinese LLMs as AI costs bite

Cars: Study – Manufacturers bring car production back to the EU because of tariffs

In autumn 2024, the EU imposed tariffs on electric cars from China. A study now shows: Western manufacturers in particular have been relocating production to Europe. Other goals were not met.

+++ Iran War +++: Wave of attacks against Iran completed according to US military

USA launches further attacks on Iran +++ According to the USA, the Strait of Hormuz remains open - US forces should ensure passage +++ Iran reports explosions on the southern coast again +++ The news blog.

South Korean sailor missing on patrol found dead near North Korea sea border

South Korea’s navy said on Monday it had recovered the body of a sailor off the east coast, a day after the seaman disappeared near the de facto sea border between the two Koreas. Authorities launched a large search involving 10 ships and aircraft after the sailor failed to report for duty on Sunday morning while the vessel was on patrol near the Northern Limit Line, the de facto maritime border between the neighbours. “A patrol boat participating in the search operation found the missing sailor

SK Hynix shares slide 10% in Seoul after stellar Nasdaq debut

SK Hynix Inc. shares tumbled over 10% in Seoul on Monday after the chipmaker's blockbuster Nasdaq debut.

IPO: IPOs in Germany? The long wait for a comeback

The chemical company BASF could attempt the largest German IPO in years in 2027. This would be an important sign for a market that has recently had few candidates.

Menopause: Menopause: What helps against annoying hot flashes?

Like a sudden, internal change in the weather: Many menopausal women experience hot flashes and sweats. What can you do?

Questions from labor law: What to do if you don't get your salary?

If the wages are paid late, keeping your feet still is the worst option. Employees have these rights.

Steel industry: What effect do Europe's new steel rules really have?

Brussels wants to stimulate demand for green steel with a whole package of measures. An exclusive BCG analysis shows how the instruments interact – and where their impact is limited.

Iran conflict: Merz on Iranian death list alarms security politicians

An Iranian newspaper puts Chancellor Merz and other Western politicians on a “retaliation list.” Security politicians see a new quality of threat and are demanding consequences.

Current survey: Majority against cuts in heat pump funding

State subsidies for climate-friendly heating are to be reduced. What a survey shows about the government's cuts plans - and how the supporters of the Union and SPD feel about them.

2026 Operation Santa Claus applicants seek long-term change, not ‘quick fixes’

Charities applying for this year’s round of funding from Operation Santa Claus (OSC) aim to tackle the root causes of Hong Kong’s problems and create a lasting impact that goes beyond the financial support period, organisers have said. OSC, one of Hong Kong’s most prominent annual charity fundraising campaigns, received 102 funding applications by its June 10 deadline. Senior manager Rachel Chow Chiu-yan, who leads the effort jointly organised by the South China Morning Post and public...

Mercedes, BMW and Co.: How Hungary is becoming the workbench for German car manufacturers

Mercedes is investing more than a billion euros in Kecskemet - and turning the Hungarian province into a car stronghold. VW and BMW also manufacture in the country. What does that mean for Germany as a location?

Malaysia reaches snapping point as crocodile encounters rise

For regular anglers in the Malaysian coastal town of Port Dickson, the sighting of a crocodile in the waters while they fish by the jetties is nothing new. “I have seen three crocodiles while fishing there,” Razman Fozi, 33, said. The beach holiday destination in Negeri Sembilan state has long been a preferred fishing spot for hobbyists, but increasingly frequent crocodile sightings in its waters have raised concerns about the risks to local communities. Razman, who has been fishing in the area.

Heat wave: How we can still work efficiently at temperatures over 30 degrees

Studies show how just a few degrees more temperature can noticeably worsen the quality of work. But there are tricks that can at least partially help against this.

Chemical company: IPO of the agricultural business – BASF aims for mega valuation

The division is scheduled to go public in 2027. In financial circles, a valuation of between 20 and 30 billion euros is expected - more than half of the market value of the entire BASF Group.

Dangerous virus: How Ebola patients are treated in isolation wards

Around 50 specialists are needed to care for a single Ebola patient in a clinic in Germany. Working with protective suits is incredibly complex. Mistakes are not allowed to happen.

Dangerous virus: Another American Ebola patient now in Germany

Another US doctor was infected with the dangerous Ebola virus in the Congo and is once again going to Germany for treatment. This time another isolation ward is taking over the case.

This 13-year-old learned to play piano in a subdivided flat. Now he’s going on stage

Yang Qi, a 13-year-old pupil who lives in a subdivided flat in Hong Kong with his parents, has spent years studying and playing on a piano that blocks part of the entrances to the kitchen and bathroom. He is among the pupils preparing for a charity concert in October at the Cultural Centre in Tsim Sha Tsui, which aims to raise funds to fight poverty, including by supporting children who lack the resources to develop their interests. Sze Lai-shan, deputy director of the Society for Community...

Why Hong Kong must fill seat vacated by lawmaker promptly

The government has a lot on its plate right now, especially with public consultations under way for the chief executive’s last policy address of his current term and for the city’s first five-year plan. But there is an urgent matter it must address as soon as possible. The resignation of William Wong Kam-fai from the Legislative Council means there is a vacant seat for the Election Committee constituency. There should not be any delays in filling the seat. The longer the government stays silent.

Viticulture: Dry wines in vogue

The range of dry wines from German cellars has once again increased somewhat. The 2025 quality wine test allows even more conclusions to be drawn about wine preferences.

Nikkei, Yen, Hang Seng: Escalation in the Gulf weighs on stock markets in Asia - oil prices rise

New tensions in Iran cause oil prices to rise - stocks in Asia fall. Investors are now turning their attention to the Fed hearing and the start of the US reporting season.

South Korea’s foreigner-only casinos hit jackpot as Chinese tourists return

South Korea’s foreigner-only casinos are gaining renewed momentum this year, triggered by a steady recovery in inbound tourism and expectations of a surge in Chinese group travel in the second half, according to a recent analysis by Shinhan Securities. Unlike other tourism segments that move with domestic consumption, casino performance is closely tied to inbound flows, making the pace of Chinese visitor growth the key variable for the remainder of the year. “Inbound indicators such as arrivals,

Japanese Astronomical Society ex-president Shigeru Ida joins China’s Westlake University

The universe teems with planets, yet their origins and evolution remain among science’s most enduring mysteries. Theoretical astrophysicist Shigeru Ida of the Institute of Science Tokyo has spent more than four decades in this field – and is now bringing his expertise to China. Ida, a former president of the Astronomical Society of Japan, has led the Japanese Society for Origins of Life and Astrobiology since 2025, and is widely regarded as one of the world’s most influential planetary...

Air traffic: This should change for consumers when it comes to flights in the EU

If the plane arrives at its destination much too late or doesn't take off at all, consumers should be able to get compensation more easily in the future. What is still to be decided today.

Man charged for disturbing public order in China after parachuting off residential building

A man in southwestern China has been detained after he skydived from the top of a high-rise building in a residential community. According to a statement by the police authority of Chenghua district in Sichuan province, the 23-year-old man, surnamed Ren, skydived from the top of a tall residential building at 11pm on June 30 in an effort to boost traffic to his social media account. He shared the footage of his extreme sport activity online the next day, the Qilu Evening News reported. The video

Hong Kong IB students beat the global average this year. Here’s how they did it

Hong Kong’s robust tutoring and exam drilling culture contributed to the exceptional performance of local students in the International Baccalaureate (IB) exams, principals have said, after the city surpassed the average global score by nearly 20 per cent. At least 73 students from 17 Hong Kong schools achieved perfect scores in the latest IB Diploma Programme this year, with official data showing the city’s overall average score and its proportion of top-tier achievers significantly surpassed..