Finance news

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.

Iran war: Lebanon and Israel want to implement a fragile ceasefire

So far, a ceasefire between Israel and Lebanon has not held. Israel's fighting with Hezbollah has recently come to a head. Now the ceasefire should be implemented. Does that work?

23 injured after minibus, double-decker and truck collide on Hong Kong highway

More than 20 people were injured in a traffic accident involving two public buses and a truck in Hong Kong’s New Territories, temporarily closing an arterial road on Thursday morning. A minibus, a double-decker bus and a truck collided on Fanling Highway at around 8am, trapping the minibus driver, who was later rescued by firefighters. Photos from the scene show the front of the Route 44A minibus, which plies between Sheung Shui and Tuen Mun, severely crushed. Police said 18 passengers on the...

As a “healthy” person, is it worth applying for a TK entitlement abroad?

As a 34-year-old, I have been living in Germany for years (insured with TK) but will be returning home for family reasons. But since I want to go back at some point, even if only after 10+ years, I'm thinking about whether it makes sense to apply for this entitlement to TK. As far as I know, I would then have the right to go back to statutory insurance upon my return. I called them directly and was informed that it made no sense as long as I returned before 55 we

Discovery in Australia: With handcuffs on the lookout for a bride: city birds courtship with garbage

Male bowerbirds in Australia are increasingly relying on human finds when looking for a mate. A study shows how much urbanization affects animals' love lives.

Situation at a glance: Lebanon and Israel want to implement a fragile ceasefire

So far, a ceasefire between Israel and Lebanon has achieved little. Israel's fighting with Hezbollah has recently come to a head. Now the ceasefire should be implemented. Does that work?

Gas supply: Forecast: More and more liquefied natural gas transports to Europe

Energy experts expect that by 2029, liquefied natural gas will account for more than half of the gas supply in Western and Central Europe. German energy companies are also involved in global LNG trading.

Grocery shopping: The private label boom – why branded products are having a hard time

Customers are buying more and more own brands. Classic branded products are losing importance. What is behind the change in shopping behavior?

Oil Prices Dip as Israel-Lebanon Ceasefire Revives Iran Deal Hopes

Oil prices were under pressure in early Asian trade on Thursday following the announcement of a ceasefire agreement between Israel and Lebanon. The agreement could ultimately help clear the way for a broader U.S.-Iran deal, which would eventually see the Strait of Hormuz reopen and provide some relief for an increasingly tight oil market. At the time of writing, Brent crude was trading at $96.60 per barrel, down 1.24% on the session, while West Texas Intermediate was down 1.10% at $94.96. The la

United Nations: What Germany's UN diplomatic disaster means

The German candidacy for a seat at the most powerful table in world politics has failed. There are calls from the coalition partner SPD for a more attitude towards international law.

Only 5% of day traders make money, but the SEC is now making it easier for more people to try it anyway

The pattern day-trading rule is going away on June 4, but retail investors should understand the risks.

Artificial Intelligence: TSMC boss: AI boom will drive growth in the coming years

TSMC remains optimistic thanks to strong AI demand and expects further growth. Nvidia's important supplier is expanding capacities and significantly increasing its investments.