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14d06/05⚠ war-conflict · 3/5

Australia's 344-Million-Barrel Oilfield Could Finally Get the Green Light

After years of delays, Australia's largest undeveloped oil project could progress to a final investment decision in 2027 as the energy crisis amid the Iran war has heightened the need of homegrown resources. Carnarvon Energy Ltd, a junior explorer that holds 10% in the Dorado oil discovery offshore Western Australia, believes that a final investment decision to develop the project could be made in late 2027, Carnarvon's chief executive Philip Huizenga told Bloomberg in an interview on Friday. Au

◇ unclassifiedmiddle-east · russia · usa
14d06/05⚠ war-conflict · 1/5

Commenting period is open for SEC rule S7-2026-15 to change quarterly reporting to half-year.

You can go to the SEC.gov website or simply Google "SEC rule S7-2026-15" to show a link to click on to post your comment to the SEC concerning this. My own opinion is that the burden for large companies to submit quarterly reports is low because they already have software combined with AI to create these reports. For smaller companies, it is a more costly burden. I proposed a market cap of $50M to relieve this burden on small companies while quarterly remains a rule for large companies. (My $50M

Social◇ unclassifiedusa
14d06/05⚠ sanctions · 2/5

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 –.

◇ unclassifiedchina · asia · usa
14d06/05

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..

◇ unclassifiedchina · asia · usa
14d06/05

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...

◇ unclassifiedchina · asia · usa
14d06/05

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...

◇ unclassifiedchina · asia
14d06/05

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..

◇ unclassifiedchina · asia · india
14d06/05⚠ war-conflict · 1/5

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

Social◇ unclassifiedsocial-signal
14d06/05

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.

◇ unclassifiedchina · asia · usa
14d06/05⚠ war-conflict · 1/5

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

Social◇ unclassifiedusa
14d06/05

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...

◇ unclassifiedchina · asia · usa
14d06/05

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

◇ unclassifiedmiddle-east · russia · usa
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