Finance news

Don’t dream it’s over: mainland students rethink Hong Kong over costs, culture

Weeks before mainland Chinese student Carol Chen graduated from Baptist University in Hong Kong in July, the 22-year-old did the math and weighed the cost of living in the city against returning home. Renting a room in the city would consume around half of the HK$20,000 (US$2,552) starting salary she expected as a junior data analyst. “If I go back to Shanghai, I will only need to worry about daily expenses,” said Chen, a maths and statistics graduate. Language barriers compounded the problem...

China teacher under probe after using glue gun to scald little girl, resulting in blisters

A kindergarten teacher in China has been suspended from her job and placed under police investigation for using a glue gun to scald a little girl’s lip, causing serious blisters. The incident unfolded on the morning of May 27 in a nursery in Fengxian county, Jiangsu province, eastern China. According to surveillance footage from the classroom, the woman children’s teacher let some children queue up to receive punishment one by one because she was angry that they were talking during class, the...

US strikes Iranian radar sites after drone shootdown in Strait of Hormuz

US forces struck Iranian coastal radar sites on Saturday after shooting down drones launched by Iran towards the Strait of Hormuz, the US military said, in the latest escalation complicating efforts to end the war between the two countries. The US military believed the four Iranian drones were targeting regional maritime traffic, an official said. US Central Command said on social media that the US then struck Iran’s surveillance ‌sites in Goruk and Qeshm Island, which are both on the Strait of.

Japan's naphtha imports recover to 80% of pre-Iran war levels

Majority of Tokyo Growth stocks below market cap cutoff as deadline nears

K-fashion, K-pop merch gain presence in China as bilateral relations ease

In Laos, war still waits beneath the soil

Hong Kong parents of undocumented baby Danny confident of regaining custody

The Hong Kong parents of undocumented baby Danny have expressed confidence that they can obtain legal guardianship of their son, who is now in a care home, as immigration authorities could process his birth certificate as early as Saturday. The unmarried couple also said they saw a “glimmer of hope” in resolving the custody case of their four-year-old daughter Lily, whom Swedish authorities have taken into care over child welfare concerns. “We believe the social workers will handle the matter in

Targeting US$610 billion longevity market, biotech firms race to reverse ageing

For Beijing-based METiS TechBio CEO Lai Tsai-ta, ageing is comparable to bugs building up in a complex software system – it happens once errors begin to accumulate in the genetic code of human cells, such as their DNA sequences. “Those errors can be reprogrammed. It becomes possible to use AI to read, rewrite and reverse cells, or at least slow the ageing process,” Lai said in an interview with the South China Morning Post. The process could begin by fixing “immune cells, such as T cells, as...

How Malaysia’s Langkawi became a paradise for smugglers

Waves break along Cenang Beach as the sun drops over the Andaman Sea, washing Langkawi’s white sand in gold. Tourists sip fresh coconuts beneath rows of bright umbrellas, gazing out at the “Jewel of Kedah”: a duty-free archipelago long sold as one of Malaysia’s premier tropical escapes. Out on the water, meanwhile, small boats traverse the 8km (five miles) of open water that separates Langkawi from Thailand’s Koh Tarutao. On fast boats, the crossing takes a matter of minutes. No navigation...

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Market Realities: The S&P 500's Actual Trajectory vs. Its Smoothed Growth Curve

This chart projects the actual price path alongside a mathematically smoothed, long-term exponential trend line. The blue dashed line shows the "ideal" trend line based on historical averages, cutting straight through the macroeconomic cycles (like the 2000 bubble and the 2008 crash). Thoughts? submitted by /u/Pleasant-Response-38 [link] [comments]

Business ticker: Shortly before the IPO - SpaceX closes mega deal with Google

According to insiders, SpaceX IPO is already twice oversubscribed +++ After tripling the price: chip developer Marvell climbs into the S&P 500 +++ Netflix appoints Hoag as chairman - co-founder Hastings leaves +++ News in the company's live blog.

Business ticker: According to insiders, SpaceX IPO is already twice oversubscribed

Interest rate concerns trigger a wave of sales on Wall Street +++ After the price tripled: chip developer Marvell climbs into the S&P 500 +++ Netflix appoints Hoag as chairman - co-founder Hastings leaves +++ News in the company's live blog.

Putin says no reason to meet Ukraine’s Zelensky, calls his letter ‘rude’

Russian President Vladimir Putin said on Friday he currently saw no reason to meet Volodymyr Zelensky after the Ukrainian president published an open letter proposing they hold face-to-face talks to agree an end to a war now in its fifth year. In his letter, which was sent to other countries, including the US, Zelensky said most Russians ‌had grown tired of Ukrainian missile and drone attacks, high inflation and fuel shortages, and were ready for peace. He also suggested that continuing the war.

Iran War: Trump estimates: Iran still has a fifth of its missiles

President Trump always praises the successes of US strikes against Iran. Tehran still has missiles. His estimate of the remaining arsenal contrasts with other figures.

+++ Iran War +++: USA attacks Iranian radar positions

Media report: USA shoots down Iranian drones over the Strait of Hormuz +++ Trump: Iran still has 21 to 22 percent of its missiles +++ The news blog.

What actually makes stocks valuable? Is it pure speculation or do they hold intrinsic value?

I’m a young adult looking to start investing in the stock market. I think I have a solid idea of what stocks are and how they are sold, but have had this nagging question since taking my financial literacy class in high school during the whole GME situation. What about shares actually gives them value? Is it just the hope that you can sell it at a higher price? Where does the performance of the company tie into this? My assumptions: - Owning a share of a stock entitles you to a VERY small percen

S&P 500 sees $1.8 trillion wipeout, Nasdaq tallies biggest point drop on record: What investors need to know about Friday’s selloff

A remarkable two-month sprint higher for major stock-market indexes encountered its first major hiccup on Friday as the Nasdaq Composite plummeted more than 1,121 points — the biggest one day point drop on record, according to Dow Jones Market Data.

AstraZeneca CEO says AI is reshaping drug development — and helping boost the odds of success

AstraZeneca CEO Pascal Soriot said AI is helping the company develop medicines faster and make smarter decisions throughout the research process.

Stock index: Chip developer Marvell climbs into S&P 500

Marvell Technology is moving into the S&P 500 after a strong price rally. The stock rose again in after-hours trading after daily losses. The electronics manufacturer Flex is also included in the leading index.

Indonesian police in the market for hi-tech Chinese equipment

Indonesia is considering buying hi-tech policing equipment from China, setting out a shopping list for technology ranging from drones to tactical armoured vehicles at a police equipment trade show in Beijing. The Indonesian National Police is particularly interested in counterterrorism equipment, including intelligence technology, tactical weapons, bomb disposal gear and special purpose vehicles, according to a list of requirements released at a forum held at the expo on Thursday. Most of this..

Can AI Save More Energy Than It Consumes?

The artificial intelligence boom has created unprecedented pressure and anxiety in the energy industry. The public and private sector alike are expending enormous amounts of effort trying to quantify the amount of electricity that will be needed to power data centers in the near future, and get ahead of the skyrocketing energy demands headed for our already outdated and beleaguered electric grids. But the answer to the energy monster that AI is unleashing could very well lie in the application o

Bitcoin is suffering from an ‘attention’ deficit, as momentum traders have moved on

“The AI trade is sucking the blood out of crypto,” one analyst notes.

Savings plan for children

Hello! I'm making a deposit for my sister and her children so that they have money when they grow up. I thought about an ETF savings plan at TradeRepublic through a children's portfolio. MSCI world would have been an option for me. Should I pay attention to anything? Do you have any other tips? submitted by /u/Guesdt [link] [comments]

Cancel Swiss Life

Hello, a few years ago I unfortunately concluded an ETF retirement contract with Swiss Life through a “financial advisor”. The argument of avoiding/saving taxes in old age convinced me. I now understand that that probably wasn't the best idea. Now there is almost €13,000 there. I pay €280 a month into the ETF. Does it make sense to cancel it and just put everything in the MSCI World and just continue saving there? Or are there other reasons at Swisslife?

IPO: SpaceX IPO apparently already twice oversubscribed

According to insiders, SpaceX's planned record IPO is already generating high demand a week before the launch. The issue is therefore obviously significantly oversubscribed.

Marvell Technology and Flex to join S&P 500 index, replacing Pool and Campbell's

The move highlights the growing importance of the technology sector to the stock market.

Netdecking the stock market

In MTG, Netdecking is where you look up someone else's brilliant composition on the internet and duplicate their deck card-for-card. You benefit from a proven setup, but you still need to know the game and how to play, and even then won't do as well as the inventor of the win-condition. Is there an equivalent of this for the Stock Market? I don't want to spend hours upon hours digging though the nitty gritty (no judgement, just not for me). Can I copy another portfolio (like Berkshire or Elon) a

Energy now a focus of US-China contest of the century

Given that control over energy reinforces superpower status, the contest of the century has morphed into an intense rivalry between China, a rising “electrostate”, and the United States, the world’s hydrocarbon hegemon safeguarding its position. China recognises that electricity drives its economy. Despite being a major producer of coal, crude oil and natural gas, China remains an importer of these hydrocarbons. However, with strategic patience, through its five-year plans, the country has been.