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26d06/02

Venezuela Oil Exports Hit 7-Year High

Venezuela’s oil exports inched up from April to hit a fresh seven-year high in May as shipments to the United States and India continued to rise. Venezuela exported an estimated 1.25 million barrels per day (bpd) of oil in May, up by 0.7% compared to April’s 1.23 million bpd exports and a massive 61% jump compared to May 2025, according to ship-tracking and vessel-loading data reviewed by Reuters. Venezuela has been steadily increasing its oil exports since the U.S. took control over its oil sal

unclassifiedmiddle-east · russia · usa
26d06/02

Is RDDT the perfect long-term growth play at current valuations?

Having navigated the markets and various tech cycles since 2000, I want to briefly share my main investment arguments for why I am currently buying Reddit. Reddit has proven in recent years that it is not just a forum for meme stocks, but a highly profitable company. Strong revenue growth (+69% year-over-year) High free cash flow ($311 million) Value of data for AI training. The gross margin of 91.5% is absurdly high and results from a simple and brilliant concept: The users generate niche-speci

Socialunclassifiedsocial-signal
26d06/02war-conflict · 1/5

New savings plan, can't find ACWI IMI (acc) on Trade Republic

Hi, I wanted to finally start saving some money, but I'm unsure. I saw the video from finanzfluss that the ACWI IMI is supposed to be very good and wanted to save ~€300 per month. Unfortunately I can only find it on TR as dist, not acc. I chatted with the good AI and it said it was a no-brainer whether Acc or Dist, with one variant I would have 104k in my portfolio after 15 years, with the other 87k and 17k payout. The allowance would be ~2000 if you were married. I'm still complete

Socialunclassifiedgermany · europe
26d06/02

Alibaba elevates tech chief Wu Zeming to elite committee as AI push ramps up

Alibaba Group Holding chief technology officer (CTO) Wu Zeming has joined the company’s elite steering committee, joining co-founders Jack Ma and Joe Tsai in playing a central role in formulating the tech empire’s strategy. According to Alibaba’s website, the other members of the committee of the Alibaba Partnership are group CEO Eddie Wu Yongming and Jiang Fan, CEO of the e-commerce business unit. Born in 1982, the CTO represents a younger generation of tech executives climbing Alibaba’s...

unclassifiedchina · asia
26d06/02war-conflict · 2/5

The next tech war? Why biotech may become a new US-China battleground

The wide-ranging geopolitical rivalry between Beijing and Washington could soon expand into biotechnology, raising the prospect of fresh tensions even as American pharmaceutical firms have turned to China’s fast-growing industry for new drug candidates. Biotech in the world’s second-largest economy has long been viewed as a predominantly low-cost manufacturing base with opportunities arising from its vast domestic market. But years of sustained investment, cost advantages and faster development.

unclassifiedchina · asia · usa
26d06/02

Hong Kong media groups sign Kazakhstan deals to deepen journalism, business ties

Two Hong Kong media organisations have joined forces with one of Kazakhstan’s largest state-owned conglomerates to strengthen collaboration in journalism and information exchange. The South China Morning Post also signed a partnership with Kazakhstan’s special financial zone to boost ties between Central Asia, Hong Kong and mainland China. The agreements are among 13 memorandums of understanding (MOUs) signed on Tuesday between Hong Kong sectors and their counterparts in Kazakhstan, as Chief...

unclassifiedchina · asia · usa
26d06/02

Hong Kong pair convicted of murder and HK$3.6 million ransom blackmail plot

Two Hongkongers have been found guilty of murdering a man after a financial dispute and then blackmailing his wife for a HK$3.6 million (US$459,331) ransom for his “release” even though he was already dead. A High Court jury on Tuesday also found that the defendants – Chan Wah-hing, 67, and Chan Yiu-lung, 33 – disposed of the victim’s body in grass near Ping Yeung Village before sealing the site with cement in September 2022. The village is in Ta Kwu Ling in the city’s North district, where both

unclassifiedchina · asia · europe
26d06/02

Prabowo’s overseas visits spark debate in Indonesia over benefits for citizens

Indonesia’s deepening ties with France have given President Prabowo Subianto a chance to advance Jakarta’s defence modernisation, strengthen relations with Europe and expand its international footprint. But analysts say the Paris visit has also fuelled a debate at home on whether deals and diplomatic goodwill arising from Prabowo’s frequent foreign trips can translate into benefits for ordinary Indonesians. Prabowo, who has visited France four times as president, met his French counterpart...

unclassifiedchina · asia · europe
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