Finance news

Hong Kong watchdog to propose criminalising bid-rigging as early as September

Hong Kong’s competition watchdog aims to submit proposals to criminalise bid-rigging as early as September, paving the way for the government to table legislative amendments by the end of the year, following the city’s deadliest fire in decades. Senior Counsel Jat Sew-tong, who assumed the role of chairman of the Competition Commission last month, said on Friday that the watchdog would also launch a study into the city’s auto fuel market amid a surge in prices. The market has faced long-standing

Indian Companies Eye Venezuelan Oil Fields as Imports Surge 51% in a Month

Indian energy companies are interested in expanding into Venezuelan oil, New Delhi’s top energy official Hardeep Singh Puri said today at a meeting with Venezuela’s interim president Delcy Rodriguez in India, as quoted by Reuters. The report follows earlier media coverage of the meeting, citing Indian officials as saying that Venezuela’s government sees the country as a preferred partner in energy matters. “We are working with a government that is friendly, that wants a partnership with India,”

France: Billionaire demands change in law - to disinherit his children

French billionaire Pierre-Edouard Sterin wants to decide for himself what becomes of his fortune after death. Most recently he supported rights in his home country.

AI hyperscaler effect vaults China’s Zhongji Innolight to top of CSI 300 benchmark

The artificial intelligence frenzy has made Zhongji Innolight, a supplier of optical modules to US hyperscalers, the biggest constituent of China’s stock benchmark, highlighting AI’s profound impact on the world’s second-largest equity market. The northern Shandong province-based company had a 5 per cent weighting on the CSI 300 Index on Friday, making it the largest of the 300 most valuable stocks on the Shanghai and Shenzhen exchanges. The index’s weighting is based on the market...

One quadrillion is the number used to describe the wealth effect of South Korea’s stock-market miracle

Having more than doubled already this year, Korea’s stock market returns have driven a wealth effect that under an optimistic scenario could generate a wealth effect among the populace of KRW 43 trillion ($28 billion)

AI: Anthropic proposes a pause in the AI ​​race

In the middle of the IPO process, Dario Amodei's company is now proposing a pause in the development of large AI models. However, Anthropic rules out going it alone.

Anthropic: NSA is said to have used AI model Mythos for cyber attacks

According to a report, the US secret service is using the Mythos model for offensive operations. The company is in an ongoing legal dispute with the Pentagon.

IPO: Strict admission rules remain: S&P dampens hopes of SpaceX being quickly included in the leading index

S&P Global is ruling out a rapid inclusion of SpaceX in the leading index S&P 500 – in contrast to other index providers. This affects the business with ETFs.

First the facts: Help! This is just the beginning

The fund with more than 74 million insured people is running out of costs. The problems are partly homemade. But the number of very old people is increasing.

Artificial intelligence: OpenAI rival Anthropic proposes a pause in the AI ​​race

If artificial intelligence can continue to develop itself, the risk to humanity increases, warns the AI ​​company Anthropic. She suggests a break, which, however, is unlikely to be achieved.

Aviation: Lufthansa plane breaks down at Frankfurt Airport – search for cause begins

A new Lufthansa Boeing 787-9 was damaged on Thursday when the landing gear unexpectedly retracted. Members of the crew were injured. There are parallels with another incident.

“Sword of Heaven”: 84 meters: The tallest known tree in East Asia is in Taiwan

Using laser scans, volunteers and laborious expeditions, researchers in Taiwan searched for giant trees. According to them, the “Sword of Heaven” is the tallest known tree in East Asia.

Growing productivity: AI alone is not important

Far too often it is only about the technological aspects of artificial intelligence. An experiment shows what their success actually depends on.

Japan Plans to Replace Up to 14 Nuclear Reactors by 2050

Japan's government is making long-term plans for replacing up to a dozen nuclear reactors by 2050, to secure its electricity supply, with two to five of these to be rebuilt by the 2040s, the country's economy ministry said today. This is the latest step in a policy reversal for Tokyo, which, following the 2011 Fukushima disaster, closed all of its nuclear reactors and tried to switch to other forms of electricity generation. The Strait of Hormuz crisis, as well as LNG price volatility, has recen

Bitcoin price current: Bitcoin falls to its lowest level since February

Bitcoin currently only knows one direction: down. The price is approaching another psychologically important mark. Latest news from today in the Bitcoin news blog.

I just can't handle it

I need an assessment from people who are familiar with family law, maintenance or similar situations. I have a son from a previous relationship. The child's mother has been blocking all contact between me and my son since 2018. I haven't seen him since 2018. I haven't received any information about him either, although I've asked several times. Now the responsible maintenance office is demanding several thousand euros in maintenance arrears from me. Just ago

Editorial: It’s not too late – but almost

At TECH 2026 in Heilbronn, the 2,000 participants discussed Europe's technological qualities. Seven theses on how Europe could move forward.

Brunei picks helicopter-flying Prince Abdul Mateen as foreign minister

Brunei’s Sultan Hassanal Bolkiah has named one of his youngest sons as foreign minister in a major cabinet reshuffle – largely seen as a move to prepare for the next generation of leaders in the oil-rich kingdom. As the 10th child and fourth son of the sultan, Prince Abdul Mateen is down the line of succession, but his matinee idol looks have earned him more than 3 million followers on Instagram, providing a modern face to the royal family. Another younger son, Prince Abdul Malik, was also...

Retirement at 70: Expert makes it clear – “We baby boomers are the problem”

He's right, but now we have the salad. submitted by /u/luettmatten [link] [comments]

Neobroker: Trade Republic customers can participate in the SpaceX IPO

Trade Republic customers will soon be able to buy SpaceX shares – and participate in the largest IPO in history.

Japan should think twice before entrusting Palantir with sensitive data

Asian cinema shines in Cannes amid industry challenges

Tata-Chery collaboration highlights Indian EV makers' China reliance

China's Xi to visit North Korea next week, first time since 2019

Indian central bank holds firm on key rate as rupee suffers historic lows

WeChat opens up to smartphone AI assistants after ByteDance phone backlash

South Korean stocks fall, currency slips as foreigners dump shares

US startup bets on Japan with AI agents that tap live web data

Car manufacturer: US car companies are experiencing a comeback - Germans are weakening

The auto industry is selling more cars, but profits are falling. Manufacturers in Japan and Germany are having problems, but US manufacturers such as GM and Tesla are recovering strongly.

New study: German car manufacturers are losing sales and lagging behind

While competition from the USA and Japan increased, German car manufacturers continued to record declines in sales at the beginning of the year. There is still a problem for the Germans in one country in particular.