Finance news

Mini electric cars at a glance: Small electric cars: These models are worthwhile for those on a budget

Anyone looking for a cheap new car often ends up with small cars. This is also the case with electric cars. Don't you have an overview? - No problem: Here is a current selection from the model range.

Our latest interstellar visitor has no signs of alien technology, scientists say

The group leading the charge in the search for extraterrestrial life has given the all-clear: an interstellar comet looks to be completely natural and free of any alien tech. The SETI Institute said Wednesday that extensive radio scans by its telescope in Northern California found no signs of otherworldly technology from our solar system’s latest interstellar visitor. The object labelled 3I/ATLAS was discovered last summer sweeping through our neck of the cosmic woods. Scientists quickly...

Hong Kong and Uzbekistan press ahead with reciprocal 30-day visa-free agreement

Hong Kong and Uzbekistan have begun talks on a reciprocal agreement that would allow visitors from both sides visa-free access for up to 30 days. Chief Executive John Lee Ka-chiu arrived in Tashkent from Kazakhstan on Wednesday evening and met Uzbekistan’s Foreign Affairs Minister Bakhtiyor Saidov, with the two witnessing officials from both sides confirm the establishment of the deal. “Following the exchange of notes, the governments of both places will immediately advance the discussions of...

SpaceX and Co.: Which space stocks investors can bet on

Elon Musk makes plans for the SpaceX IPO official, fueling the hype around space stocks. Which companies really offer substance and are worth investing in?

Stock market on June 4th: Five points that are important for investors today

Profit-taking after the AI ​​rally or new Iran fears? The stock markets are moving slightly away from their record highs. On Thursday the focus will be on the economy and monetary policy.

Cryptobros hate these charts: The All World ETF has gained 27% in a year while Bitcoin has lost 40%. In 2 years, the ETF has gained 38% and Bitcoin has lost over 13%. In 5 years the ETF has gained 80% and Bitcoin only 63%.

submitted by /u/Biolurk [link] [comments]

Will Prabowo’s free meals scheme survive amid Indonesia corruption arrests?

Indonesia’s free meals programme has long been beset with governance problems, quality issues and mass food poisoning cases. Now, allegations of corruption and the arrests of top former officials overseeing Prabowo Subianto’s flagship scheme risk turning it into a political hot potato for the president. Prabowo sacked former National Nutrition Agency chief Dadan Hindayana and his two ex-deputies, Sonny Sonjaya and Lodewyk Pusung, on Tuesday. The trio were charged with corruption and taken into..

Student protest 1989: Commemoration and criticism of 37 years of the Tiananmen massacre

On June 4, 1989, the military bloodily suppressed a week-long protest in China's capital. To this day, Beijing is guarding many details about the incidents, which has drawn criticism for years.

Elon Musk: SpaceX wants to raise $75 billion in record IPO

Elon Musk's space company SpaceX wants to raise billions in the largest IPO in history. The company is aiming for a valuation of $1.8 trillion despite huge losses.

SoftBank shares plunge 10% amid broader tech sell-off

Shares of SoftBank fell 10% following an overnight sell-off in the U.S. market on the back of wider profit taking in the tech sector.

Increased AI bear sentiment and rotation into defensives is a contrarian bull signal, not confirmation of a top

The last two weeks I've seen more "AI bubble" posts, YouTube videos, and finance threads than the past six months combined. Traders in my circle are rotating back into dividend stocks and industrials. Defensive portfolios are suddenly cool again. And I think this is the signal most people are misreading. Bubbles don't burst when everyone's nervous. They burst when every taxi driver, barber, and college student is leveraged long on the theme. We are nowhere near that. I don't know a single person

USA: Successes, hardly any mistakes: Obama Museum in Chicago opens soon

Former US President Obama opens his presidential library. It describes the Democrat's career and successes in detail. However, visitors have to look for his missteps.

Protests grow over Trump family-linked resort project in Albania

A massive coastal development project linked to Jared Kushner, the son-in-law of US President Donald Trump, is facing growing resistance from protesters in Albania. The government says the development on the Adriatic coast would be transformational for the former communist nation as it seeks to enter the high-end tourism market and pushes for European Union membership. But the venture, spanning an abandoned island and a nearby stretch of seafront on Albania’s southern coast, has drawn opposition

DNA test confirms baby Danny is Hong Kong ‘Save Lily’ couple’s son

Hong Kong authorities have confirmed that an unmarried couple arrested on suspicion of child neglect are the biological parents of undocumented infant Danny. A police source told the South China Morning Post on Thursday that Tsang Wai-bong and Kwan Pui-sin were the parents of the two-month-old, citing DNA test results. Danny was born to the unmarried couple at home in Hong Kong and was not registered with the Immigration Department, as his parents declined to submit a DNA test report to confirm.

Chinese robot helps children with nerve disorder stand up for the first time

Some people living with spinal muscular atrophy (SMA) have never been able to stand on their own. SMA is a genetic disorder that causes the nerves that connect the brain and muscles to deteriorate over time, making it challenging or even impossible for those affected to contract their muscles. Over time, their muscles shrink through lack of use. Depending on the severity, this condition can confine individuals to a wheelchair or leave them bedridden. It can also make eating and even breathing...

Wealth analysis: Number of millionaires is rising sharply - Germany in third place

The rich are getting richer - and their circle continues to grow: 2025 is shaping up to be a record year for millionaires. Germany is one of the front runners.

Super-rich: Number of millionaires is rising sharply - Germany in third place

The circle of rich people is getting bigger: 2025 is shaping up to be a record year for millionaires. Germany is one of the front runners.

Because of AI and crises: Is the home office to blame for the poor job opportunities for young professionals?

Two research papers want to show that working from home spoils the start of the job for young professionals. But it's not that simple.

Nikkei, Yen, Hang Seng: US-Iran conflict and AI weakness weigh on Asian stock markets

Geopolitical tensions in the Middle East are weighing on Asian stock markets. AI and chip stocks are under pressure after a weak outlook from Broadcom.

Tax relief: Coalition struggles for income tax reform: That's what it's all about

There will be a major income tax reform on January 1, 2027. But what exactly should it look like - and how should it be financed?

SpaceX said it's worth $1.75 trillion. Morningstar just said the real number is less than half of that.

SpaceX filed its IPO targeting $1.75 trillion valuation. Morningstar just published their independent analysis. Their number: under $800 billion. That's a $950 billion gap between what Elon is asking for and what analysts think it's actually worth. Nearly a trillion dollars of "trust me bro" valuation. Wall Street is about to find out which number is right. submitted by /u/FinanceLearn [link] [comments]

Hong Kong braces for heat, showers as tropical depression passes nearby

Hong Kong’s weather forecaster is monitoring a tropical depression that has formed within 800km (497 miles) of the city, but says it is unlikely to issue a typhoon warning signal. The Hong Kong Observatory said on Thursday that an area of low pressure over the northeastern part of the South China Sea had intensified into a tropical depression, which is centred about 530km south-southwest of Kaohsiung and expected to move towards the vicinity of Taiwan. It is forecast to move northeast on...

IPO: Austria's gas engine manufacturer Innio is aiming for a valuation of $20 billion in its New York IPO

The Tyrolean energy technology company is going public on the US stock exchange on Thursday and is asking for $27 per share. How the hidden champion benefits from the data center boom.

South Korea's ruling party win big in local elections

Vietnam pushes financial hub ambitions via maritime, aviation finance moves

Pakistan unfazed by Afghan-Russian military pact, say officials

TSMC maintains 30% growth outlook for 2026 as AI boom rolls on

Postbank Digital Study 2026: Internet usage in Germany is falling noticeably

People in Germany pull the plug – at least sometimes. After years of steady growth and constant digital fire, internet usage in Germany is falling noticeably for the first time.

Financial assets grow more slowly: DZ Bank: Germans save less

Expensive refueling, less left to save: Why Germans' financial assets will hardly grow in 2026 and who will be particularly affected.

SoftBank’s OpenAI bet and rising debt are raising liquidity crunch concerns

Analysts warned that the market's renewed optimism on SoftBank is masking mounting balance-sheet risks.