Finance news

Riedl's Dax radar: Why the correction in AI stocks is good for the big market trend

Heavy price losses in high-tech stocks are fueling fears of a stock market crash. Cheap latecomers could offer new investment opportunities right now.

Do China-Russia trade payment frictions show limits of de-dollarisation?

China and Russia have largely moved away from the US dollar in bilateral trade settlement, with most transactions now settled in their own currencies. Yet cross-border payment bottlenecks persist as Chinese banks carefully manage their exposure to Washington’s sanctions regime, according to a senior Russian banker. At the heart of the friction is a stark balancing act facing Chinese lenders: how to ease trade with Russia while safeguarding access to the US dollar-based global financial system –.

Trump Accounts don't 'rule' child investments, advisor says: How your options compare

Trump Accounts, along with 529 plans, custodial accounts for minors and Roth IRAs, are all valuable options depending on child's needs and long-term goals.

EU needs a ‘dedicated instrument’ to unwind China dependencies, trade chief says

The EU’s trade chief has confirmed publicly for the first time that the bloc is considering a specific rule to compel companies to diversify their suppliers, as Europe looks to unwind its dependencies on China. “Diversification now requires a dedicated instrument,” Trade and Economic Security Commissioner Maros Sefcovic said on Friday, adding that he would model it on the manner in which the EU reduced its reliance on Russian energy following its invasion of Ukraine in 2022. “Recent industrial..

US adds 172,000 jobs in May, strongly beating expectations

US employment growth surged in May, beating market expectations, while the unemployment rate remained steady, government data showed on Friday, with the labour market in the world’s largest economy sustaining recent gains. “Total nonfarm payroll employment increased by 172,000 in May, and the unemployment rate was unchanged at 4.3 per cent,” the US Bureau of Labor Statistics said. Economists polled by Dow Jones Newswires and the Wall Street Journal had expected job growth of 80,000...

Economic forum: Zelensky offers Putin a meeting - Kremlin insists on Donbass

Ukrainian President Zelenskyj offers a meeting with Kremlin leader Putin - shortly before the Russian head of state gives a speech to a large audience. Putin remains confident of victory.

FCAS: Federal government presents strategy for the fighter jet of the future

In its new aviation strategy, the federal government is adding a chapter on the new sixth-generation fighter jet. Is the FCAS solution coming now?

Sparkasse burglary: Locker theft in Gelsenkirchen: Ten plaintiffs are demanding more than one million euros in damages

The break-in into the Sparkasse Gelsenkirchen vault at the end of December was spectacular. There are now ten lawsuits. The trials start on Thursday. Was the security technology outdated?

Chinese researchers claim breakthrough in training household robots with AI-generated homes

A team of Chinese researchers has claimed a breakthrough in training robots in real-world home environments, tackling a long-standing data bottleneck in the field and potentially accelerating the adoption of robots at home. Kairos-HomeWorld was the world’s first unified framework capable of generating coherent, accurate and simulation-ready home environments using simple text prompts, according to researchers from Ace Robotics, a start-up backed by Hong Kong-listed artificial intelligence...

Clean Energy Fuels Starts Up New RNG Plant in Idaho

The project, which has a capacity to process more than 5 million gallons a day of manure, is 'one of the largest single-site dairies and RNG facilities in North America', Clean Energy said.

Logistics: Lidl shipping company switches to the German flag

For the first time, a seagoing ship has Heilbronn as its home port. And for Lidl's container shipping company Tailwind, this is just the beginning. She also expects benefits from the flag change.

Thailand to join UN maritime arbitration with Cambodia

Thailand said on Friday it will join a UN arbitration process chosen by Cambodia to resolve a festering maritime boundary dispute, but put on hold for now other two-way efforts to settle their contested borders. This week Cambodia launched a compulsory conciliation process under the United Nations Convention on the Law of the Sea (Unclos), after Bangkok decided last month to unilaterally end a ‌2001 framework pact for talks on a disputed maritime belt. For more than 25 years, both have claimed..

How much should i invest into my 401k/457b as a 32f with 130k salary?

Additional info that is important: Due to other life factors I am getting started late with saving for retirement. I have a massive pile of graduate loans from two degrees that I am currently working towards pslf in 10 years (healthcare worker for hospital System). I am on income based repayment plan that is 10% of my income. I have a very supportive partner who pays for most things including our house. I pay for some Utilities, groceries, my car, and student loans pretty much currently. Just st

Interview: “We live in a time of shamelessness – and no one tries to hide it anymore”

Bestselling author Evan Osnos has followed billionaires around the world. In the interview he explains how the super-rich showcase their wealth - and how politics could limit extreme inequality.

Care reform: SPD questions Warken's plans for care reform

Even before the discussions in the Bundestag about the care reform, the SPD is pushing for changes. Leading Social Democrats are calling for long-term care insurance to be fundamentally financed differently.

Health costs: Sharp headwind for Warken's care reform

There is now a restructuring concept for long-term care insurance that is likely to make everyday life more expensive for many. Tough negotiations are still looming, and not just in the government alliance in Berlin.

US forces board sanctioned tanker in Indian Ocean, Pentagon says

U.S. forces have intercepted multiple commercial and oil tankers in the Indian Ocean in recent months.

Hong Kong tutor who plotted to murder flight attendant gets 3-year jail term reduction

A Hong Kong private tutor found guilty of orchestrating a failed plot to murder his business partner eight years ago has secured a three-year reduction to his 27-year jail sentence, but lost an appeal against his conviction. In a written judgment on Friday, the Court of Appeal found that the sentence imposed on Stephen So Hon-to was too high, despite the egregious nature of the offence and the need to ensure a “continuing danger to society” would be removed from society for “a very considerable.

Chip stocks discounted with recent pullback. Buy, Sell or Hold?

It takes a very little to spook the tech sector these days. For example, yesterday Nvidia CEO Jensen Huang touted Marvel as the next trillion dollar company which sent the stock spiraling upwards. Simultaneously, Broadcom announced its quarterly earnings (completely coming in with estimates) but the stock dropped precipitously low. Sometimes good news just isn't good enough for some people! Experienced traders know this dance all too well. The Bears will call it another 'bubble', the Bulls will

Cryptocurrencies: The shattered dream of the Bitcoin miracle – how low can the price fall?

Bitcoin is in danger of falling below $60,000. Trillions of dollars in assets are dissolving – and things could continue to decline.

3 things to know about delayed US arms sales to allies

“The bottom line is the US is becoming less dependable as a supplier,” one analyst said.

Trump is turning allies and partners into friends of China

China-Canada relations are undergoing a thaw after years of estrangement and recrimination. China and India are seeking a rapprochement despite deep-seated distrust and sometimes violent border disputes. Both cases share a common element: Donald Trump. Meanwhile, following the US president’s visit to Beijing, his defence secretary Pete Hegseth avoided mentioning Taiwan at the Shangri-La Dialogue in Singapore. He sounded almost conciliatory by hailing ties with Beijing as “better than they’ve...

UK Conservatives Blast Labour North Sea Ban as 'Utter Madness'

The current UK government's policy of not allowing new drilling in the UK North Sea is “utter madness” as billions of barrels of untapped oil could benefit the UK industry and reduce Britain’s reliance on imports, Kemi Badenoch, the leader of the opposition Conservative Party, has said. The ruling Labour government of Sir Keir Starmer has recently moved to permanently ban new oil and gas licenses in the UK section of the North Sea, drawing criticism from the UK offshore industry associations and

Economic situation: The economic downturn is now also putting a strain on service providers

High costs and bureaucracy put many service providers under pressure. Small businesses and the hospitality industry have it particularly difficult. The DIHK calls for more flexibility.

Where investors may find the next 'big wave' for AI trade

Tim Urbanowicz, chief investment strategist at Innovator from Goldman Sachs Asset Management, tackles the AI boom.

€900k "retirement" portfolio (70s, no pension)

I’m asking for advice regarding two people aged ~70 with around €900k investable assets (excluding primary residence, which is paid for). This is inherited money. Current expenses yearly are 14k, bound to rise to around 20k with the newfound money. No pension/retirement fund and no other income. Some context because on another post people assumed a lot, and I'm trying to get ahead of some comments that seem to come from an emotional response to the situation presented: They have already offered

Simon Bray: Home ownership: “The market is deeply personal, emotional and complex”

The head of the real estate division of the classifieds portal is convinced that the majority of people want to buy a house or apartment. But first-time buyers face many hurdles.

The US Army wants thousands of air defense missiles to replace the Stinger

A new Army Request for Information seeks to identify companies that can deliver 11,000 next-gen, short range interceptors beginning in Fiscal Year 2028.

Stop billions in money: pharmaceutical companies cut investments - federal government defends course

The pharmaceutical companies Boehringer Ingelheim and Eli Lilly have announced that they will stop high investments in Germany and are justifying this with austerity requirements from Berlin. Now the federal government is speaking out.

Trump's second term Taiwan arms sales top Biden-era total by nearly 40%