Finance news

Career of Trump supporter: Convicted Capitol stormer now works for the Pentagon

Elias Irizarry, who once helped storm the Capitol with a metal bar and was convicted for it, now works at the Pentagon. The US government under Trump appreciates such a “patriotic professional”.

Artificial intelligence: Ifo: Over half of German companies use AI

Artificial intelligence can replace human workers in routine tasks. German companies are using the technology to an ever-increasing extent.

Municipalities: City Council reacts “shocked” to care reform

The municipalities expect the reform to cost billions. The city council criticizes that more elderly people in need of care are being left to the social welfare office.

No cap on HK$2 transport scheme trips as costs outweigh savings: Hong Kong minister

Hong Kong authorities will not cap the monthly number of subsidised trips that eligible elderly residents and people with disabilities can take under a revamped transport fare scheme, largely because implementation costs would exceed the savings. Secretary for Labour and Welfare Chris Sun Yuk-han revealed the decision on Friday, as data showed that an average of only about 450 people took more than 240 trips a month under the scheme between May last year and April this year, out of about 2.7...

Minus 0.2 percent: Euro economy shrank unexpectedly in the first quarter

The correction became apparent after Ireland had massively revised its economic data: GDP on the island collapsed by 12.1 percent in the first quarter.

Hong Kong police arrest man after repeated bottle-throwing from flat injures 2

Hong Kong police have arrested a 50-year-old man on suspicion of repeatedly throwing glass bottles from the windows of his Ma On Shan flat over more than two years, injuring two pedestrians. Officers from the Sha Tin district crime unit arrested the man on Friday at his home on Sai Sha Road following an investigation into multiple reports of glass bottles being thrown from flats at the high-rise estate. The man allegedly threw bottles from his flat on eight occasions between 2024 and May 2026...

1001 hp: Audi Nuvolari: super sports car for pole position

While ordinary people wait for the successor to the Audi TT, the Bavarians surprise with another sports car: The Nuvolari becomes the fastest and most powerful Audi of all time. It's expensive too.

Taxes: “Too perfect looks suspicious”: What Shakira’s tax case can teach entrepreneurs

The Shakira tax case shows how closely authorities scrutinize foreigners. Management consultant Sebastian Weiß Schnur explains why globally active entrepreneurs shouldn't just count their days abroad.

Bitcoin hashrate: Bitcoin price falls, hashrate remains stable: What the rate says about the network

While the Bitcoin price falls, the hashrate continues to hover around an important level. But what does this value actually mean? An overview.

Economy: Euro economy shrank unexpectedly in the first quarter

In an initial estimate, Eurostat had expected slight growth. Now the forecast must be revised downwards. One country in particular is developing worse.

bAV Allianz perspective 100% subsidy vs. ETF

Hello everyone, I'm a little unsure about my company pension plan and would like to hear your opinion. My employer offers me direct insurance with Allianz (“Perspective”). I could either: pay €30 net/gross (deferred compensation) into the bAV myself and get €30 from the employer or simply put the €30 into an ETF (FTSE All World / MSCI World IMI). That means: either €60 into the bAV (30 + 30 AG) or €30 privately into an ETF. What concerns me a bit: Behind the

Space stock: SpaceX is courting retail investors - and that's not a good sign

SpaceX is about to have what is probably the largest IPO of all time. Elon Musk's space company is increasingly courting private investors, even in Germany. This calls for caution.

SPDR MSCI ACWI IMI vs Amundi Prime All Country World - higher diversification or lower TER?

Hello everyone, I am currently investing in the SPDR MSCI ACWI IMI as it covers the entire range in terms of markets and company size. The TER is 0.17%. For a long time now I have also been looking at the Amundi Prime All Country World, which does not include any small caps but only has a TER of 0.07%. Personally, I try to invest as broadly as possible and with as low costs as possible (I'm with ING) and I wonder which of the two is better in this regard. For which one

Care reform: Only the state is still not paying its contribution

The Minister of Health is preparing the next emergency operation, this time for nursing care. Higher contributions can probably be avoided, but better care is not in sight. A comment.

For everyone with a “back”: Completely relaxed: back yoga against pain and stress

Yoga can strengthen your back and shoulders – and reduce stress at the same time. How targeted exercises help prevent tension in everyday life. Plus: three asanas for beginners.

‘This would be a one-time event’: How can I take extra money from my 401(k) without triggering higher Medicare premiums?

“I generally withdraw money from my traditional 401(k) for projects, larger expenses and sometimes just to stay ahead on upcoming bills.”

Ukraine: Regional ceasefire for nuclear power plant repairs

Zaporizhia is the largest nuclear power plant in Europe. The facility near the front needs a secure power supply to prevent a nuclear accident. This is now to be ensured in a mission.

Buying a house: The real estate dream often fails due to equity

Higher interest rates, age, job: There are many things that are currently making it difficult to finance a property. What real estate agents recommend when buying a house or apartment.

Real estate in court: Tenant is allowed to stay in the apartment despite notice of termination

The Federal Court of Justice stops the personal use termination in Munich. After the conversion into residential property, tenant protection takes effect for years.

Indian central bank holds firm on key rate but raises inflation forecast

AI glasses maker Rokid lands Toyota affiliate investment

China pulled into public debate over subsidies by OECD report

Asia Technonomics: The question that China is still repressing

China's population is aging rapidly. Robots help – but they do not (yet) replace care and many services. Ultimately, there is a debate that Beijing has so far avoided.

Actor Tate Donovan sells lush oasis in Texas Hill Country after big price cut

“The O.C.” star Tate Donovan has officially sold his “extraordinary” Texas dwelling—just two months after bringing the property to the market for $1.9 million.

China, South Korea boost commercial flights as tourism increases between the 2 countries

China and South Korea will allow 70 more flights per week between the two countries in view of fast-growing, two-way tourism and a drop in Chinese group travel to Japan. The Ministry of Land, Infrastructure and Transport in Seoul said in a statement Thursday that passenger flight capacity would grow from 608 to 664 per week and that maximum air freight flights would expand from 54 to 68 per week. These expansions, the first since before the Covid pandemic, reflect a surge in two-way tourism,...

Tencent’s chief AI scientist dismisses lag concerns, says race a ‘long-term game’

Yao Shunyu, the former OpenAI researcher now leading Tencent Holdings’ artificial intelligence model development, pushed back against concerns that the tech giant is slow in AI, arguing that the race is just beginning with massive untapped opportunities in coding agents and embodied intelligence. “AI is a long-term game, with the second half of the race just starting,” said Yao, chief AI scientist at Tencent, comparing the current state to the development of personal computers in the 1970s. Yao.

Xi heads to North Korea, tech transfer clampdown, inflation pickup

Chinese President Xi Jinping will make a state visit to North Korea next week, his first overseas trip this year and his first to the hermit nation since 2019. The trip will take place on Monday and Tuesday, Xinhua said without elaboration. Xi’s last official overseas excursion was to South Korea in October, when he met US President Donald Trump and attended a regional summit. Xi’s visit underscores a rebound in relations with China’s only formal ally following relative isolation during the...

‘Another empty promise’: Quad’s proposed Fiji port project raises doubts

A proposal by Quad to build a port in Fiji, seen by analysts as a move to counter China’s rising economic clout in the Pacific region, has fuelled doubts about whether the four-member security bloc is committed to completing the project amid different policy priorities. At a meeting of the Quadrilateral Security Dialogue, or Quad, in New Delhi last week, the foreign ministers of Australia, India, Japan and the United States – Penny Wong, S. Jaishankar, Toshimitsu Motegi and US Secretary of State

OpenAI says it will comply with Trump's order requiring AI model reviews before release

George Osborne, OpenAI's Head of Countries told CNBC that governments "have a big role to play in how this technology is used and deployed."

French billionaire pleads for law change to disinherit children

French billionaire Pierre-Edouard Sterin, who has stirred controversy over his right-wing politics, is pleading with lawmakers to modify rules so he can disinherit his five children, saying he prefers to give his fortune to charity. “I would like to give my entire estate to philanthropic causes,” the businessman told senators on Thursday during a public hearing, noting that under French law three quarters of his assets would have to be passed down to his offspring. “I’m in favour of being able..