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South China Morning Post Business5d05/23

UN event on nuclear non-proliferation treaty stumbles, US and Iran clash

A four-week United Nations conference reviewing the treaty to prevent the spread of nuclear weapons ended on Friday without agreement as the United States and Iran sparred over Iran’s nuclear programme. Vietnam’s UN Ambassador Do Hung Viet, who chaired the conference, announced that there was no consensus among the 191 parties to the Nuclear Nonproliferation Treaty on even a watered-down final document. He did not say which country or countries blocked a consensus. It was the third failure in a.

china · asia · usa
Reddit r/investing5d05/23

People who bought stocks early when they were still risky, unpopular, or getting hated on, what made you buy?

I’m talking about stocks before the hype, before everyone started calling them “obvious winners.” Like when the company still had real risks, bad sentiment, weak price action, or people were saying it was overvalued/dead money. How did you know it was worth buying back then? Was it actually conviction from research, or was it more of a calculated bet/gamble? What signs did you look for that made you think the market was wrong? And maybe more importantly, what made you hold through big drops or m

Socialsocial-signal
South China Morning Post Business5d05/23

Chinese scientists grow heart’s ‘master conductor’ that could replace pacemaker

Scientists in Shanghai have used stem cells to create the world’s first laboratory-grown sinoatrial node – the tiny structure that acts as the heart’s natural pacemaker. Capable of beating autonomously, the organoid is a breakthrough that researchers say could transform cardiac disease research and drug screening. The heart’s ability to beat continuously and rhythmically depends on the sinoatrial node, which is nestled inside the right atrial chamber. Acting as the heart’s “master conductor”,...

china · asia
IMF News5d05/23

Argentina: 2026 Article IV Consultation, Second Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for a Waiver of Nonobservance of a Performance Criterion, Modification of Performance Criteria, and Financing Assurances - International Monetary Fund | IMF

Argentina: 2026 Article IV Consultation, Second Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for a Waiver of Nonobservance of a Performance Criterion, Modification of Performance Criteria, and Financing Assurances International Monetary Fund | IMF

usa
South China Morning Post Business5d05/23⚠ war-conflict · 3/5

27 countries seek access to World Bank funds since Iran war

Twenty-seven countries have moved since the Iran war started to put in place crisis instruments that could quickly access funding from existing World Bank programmes, according to an internal document viewed by Reuters. The World Bank document did not name the ‌countries or the total amount of funds potentially being sought. The World Bank declined to comment. The document showed that three countries had approved new instruments since the Middle East conflict began on February 28, while the...

china · asia · europe
South China Morning Post Business5d05/23

Japanese female prison’s rehabilitation goal faces health, language barriers

Seated in a wheelchair, an elderly woman bends silently as her wrinkled fingers move with surprising speed to fold pieces of coloured origami paper into intricate shapes. Beside her, another woman does the same, both adding their finished pieces to a pile on the table without looking up or exchanging a word. Inside Tochigi Prison, where talking during work is forbidden, elderly women folding paper and sewing in silence reflect a broader test of Japan’s penal system: how to care for ageing,...

china · asia · india
South China Morning Post Business5d05/23⚠ war-conflict · 2/5

How China wins by avoiding war

Russian President Vladimir Putin arrived in Beijing in a much weaker position than he did more than four years ago, when he launched his invasion of Ukraine shortly after his last visit. US President Donald Trump left Beijing after much fanfare. However, he was criticised back at home for failing to deliver on any key aspect of American interests, such as committing China to pressuring Iran to end the war on US terms. His popular support is at a historic low. Putin, Trump and Chinese President..

china · asia · usa
Reddit r/eupersonalfinance5d05/23

¿Qué pasa después de que el QQQ rompe el rango de apertura?

Llevo un tiempo operando el Opening Range Breakout en QQQ y siempre me quedaba con la misma duda: ¿qué pasa exactamente después del breakout? La mayoría de la literatura se detiene justo en el momento de la ruptura, como si todo lo interesante terminara ahí. Así que decidí medirlo. Analicé datos intradiarios al minuto de QQQ de 2017 a 2024 y documenté la secuencia completa: el rango de apertura, el breakout, el retest, y el resultado. Algunas cosas confirmaron intuiciones que ya tenía operando;

Socialeurope · usa
South China Morning Post Business5d05/23

Hong Kong’s first astronaut Lai Ka-ying picked for space station mission

Hong Kong will send its first astronaut to the Tiangong space station, the China Manned Space Agency announced on Saturday. Lai Ka-ying, a police superintendent with a doctorate in computer science, will join the Shenzhou-23 mission as a payload specialist and become the fourth woman astronaut to enter the Chinese space station. The Shenzhou-23 crewed spacecraft is targeting a launch at 11.08pm on Sunday. According to the agency, Lai will work alongside astronauts Zhu Yangzhu and Zhang Zhiyuan..

china · asia
South China Morning Post Business5d05/23⚠ war-conflict · 3/5

A cloud above the clouds: US, China race to make space a computing platform

In 1957, the Soviet Union kicked off the Cold War’s space race, shocking the world by sending Sputnik, the world’s first artificial satellite, into orbit. Four years later, it did the same to cosmonaut Yuri Gagarin, making him the first human in space. In 1969, the US provided another image that defined the era: Neil Armstrong leaving the Eagle lunar lander and planting the American flag on the moon, declaring it “one small step for man, one giant leap for mankind.” For the two superpowers, the.

china · asia · usa
South China Morning Post Business5d05/23

Ancient Chinese texts depict ‘immortal mirror’ akin to CT scan – an early notion of robots

Ancient China dreamed of future technology long before the modern age, conjuring visions of magic mirrors, ingenious machines and even lifelike wooden puppets. In the Tang dynasty (618–907) text Duyang Miscellaneous Records, a mysterious stone called the “immortal mirror” appears as a precursor to the CT scan. Found in the southwest of an unnamed land, the polished stone was said to span hundreds of kilometres. Passers-by could look into it like a mirror, but instead of reflecting their faces,..

china · asia
Reddit r/Finanzen5d05/23⚠ war-conflict · 1/5

How would you invest and live on €500,000 cash built up over 10 years of high-risk derivatives trading?

Wie der Titel schon sagt: Ich bin 47M, lebe aktuell in DE und verdiene ca. 40.000 € netto im Jahr, wovon ich ungefähr die Hälfte spare. Keine Kinder, keine Schulden. Ehrlich gesagt bin ich langsam ziemlich müde vom Corporate-Leben. Parallel dazu habe ich die letzten 10 Jahre aktiv mit hochriskanten Derivaten/day trading gehandelt und dabei insgesamt rund 500.000 € Cash aufgebaut. Jetzt möchte ich langsam runterfahren, aus diesem Stress + Job Stress raus, und überlege ich ernsthaft, den Schritt R

Socialgermany · europe
South China Morning Post Business5d05/23

Graduates of top vocational school spared brunt of AI impact, new chairman says

Graduates of Hong Kong’s largest vocational training institution have largely avoided the negative effects of AI and could reap more internship opportunities from a coming megaproject, the body’s new leader has said. In an interview with the South China Morning Post, newly appointed Vocational Training Council (VTC) chairman Jeffrey Lam Kin-fung also vowed to review the courses to align them with emerging job opportunities. The government earlier revealed that entry-level jobs for university...

china · asia
South China Morning Post Business5d05/23

Southeast Asia is chasing the AI boom, but at what cost?

In a swanky penthouse office outside Kuala Lumpur, tech firm Zetrix AI is putting a grand plan into motion to get 1 million people across Southeast Asia using its artificial intelligence agent, Avatar, by the end of the year. Designed as an autonomous alter ego, Avatar is adept at dealing with tasks ranging from the mundane, like filling out forms, to the particular, such as helping influencers reply to thousands of social media messages. The ultimate goal, according to the company’s Gen Z...

china · asia · usa
Reddit r/eupersonalfinance5d05/22

47M, how to invest and live off €500k cash made from high-risk derivatives' trading over the last 10 years?

As the title suggests. 47M, living in Germany, currently earning around €40k net and saving around half of it. Tired of corporate life, no dependents, no debt. I was day trading for the past 10 years and made around €500k in cash. I now want to rev down and "retire" from this, pull the trigger and FIRE. How would you invest this amount of cash, so that you preserve the principal and live off interest, risk and stress free? Was thinking about moving to Cyprus. Rational decision? How's life and th

Socialeurope · germany · usa
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