Finance news

Ukraine War: Massive Russian air strikes on Kyiv and Dnipro

At least 14 people were killed and numerous others injured in rocket attacks on the Ukrainian capital on Tuesday night. A rocket hit a 24-story residential building, which then partially collapsed.

Chile: Protests against right-wing government of President Kast

At the first State of the Nation address by President José Antonio Kast, who will be elected in 2025, thousands of people demonstrated against the planned social cuts. Since Kast took office in March, his approval ratings have fallen from 57 to 38 percent.

Memory chip demand: SK Hynix wants to double memory chip production

The company wants to significantly expand its chip production over the next five years. The memory manufacturer is responding to the booming demand for AI semiconductors.

France: Investors are coming – growth is dwindling

Emmanuel Macron is the darling of foreign investors. But despite their billion-dollar projects, the economy is stagnating. Can the president still turn things around?

Rail transport: revolution in long-distance transport? The DB is fighting for its position

If you want to take long journeys by rail, you almost always have to rely on Deutsche Bahn in Germany. There are hardly any competitors - but there is currently a major attack from Italy.

Mazda starts biodiesel trial with Nippon Express to decarbonize logistics

Japan and Philippines Trump-proof efforts to check China's ambitions

Chipmaker SK Hynix to double wafer capacity in 5 years to meet AI demand

Japan's Advantage Partners launches $1.8bn buyout fund

East German Economic Forum: Merz appeals to the population's willingness to implement reforms

The government wants to launch a major reform package by the summer break. There is likely to be a lot of resistance. The Chancellor wants to get everyone on board.

Musician Charlie Puth sells unique Studio City mansion for $2.1 million amid world tour

Singer-songwriter Charlie Puth has sold an ultramodern “sculptural” residence in Studio City for $2.1 million—less than a year after putting the architectural marvel on the market.

Jennifer Lopez offers a poolside peek of her new $18 million L.A. mansion

Lopez shared a series of photos and videos from her weekend on Instagram, revealing a glimpse at her picturesque property and the renovations she has done since buying it last year.

Cambodia starts UN-backed process to settle maritime dispute with Thailand

Cambodia said on Tuesday it had launched a compulsory conciliation process under international law aimed at resolving a long-running maritime boundary dispute with Thailand and had informed the United Nations and Bangkok. The move follows a Thai government decision last month to unilaterally terminate a 2001 agreement with Cambodia that provided ‌a framework for negotiations over the disputed area in the Gulf of Thailand where the two countries’ maritime claims overlap. “We have taken this step.

Malaysia’s Umno hedges on Johor state election to lure Malay votes in stronghold

For decades, Umno was the party that defined power in Malaysia. Now, after years of scandal, defeat and uneasy coalition politics, it is turning to its birthplace of Johor to prove it can still win on its own terms. The southern state’s snap election will test whether the United Malays National Organisation (Umno) can still attract Malay voters, defend its strongest remaining state government and hold off both Prime Minister Anwar Ibrahim’s allies and the Malay-Muslim opposition, analysts...

As pioneering Chinese web forum returns, authorities warn free speech has limits

Chinese authorities have praised the return of Tianya – which was one of the country’s most popular internet forums in the pre-algorithm, pre-short-video era – while cautioning that freedom of speech must be balanced with responsibility. The pioneering web portal was launched by Tianya Community Network Technology Co. in 1999, when the internet was in its infancy in China, but suddenly closed in April 2023 due to financial problems. On Sunday, the company announced that the forum would come back

Climate phenomenon returns: An El Niño is coming - what that means for the world

El Niño could make 2027 the hottest year on record. What this can mean for prices in the supermarket and our weather in Europe – and what experts are still puzzling about.

Housing construction: The construction industry is talking about AI - but often still works in 2D

Ten years ago, a uniform technology was supposed to digitize the construction industry. The interim results are sobering: many companies and public bodies have barely dealt with it.

Starry Lee urges Hong Kong officials to respect lawmakers’ dissent amid pushback

Hong Kong Legislative Council president Starry Lee Wai-king has urged officials to respect lawmakers’ dissenting views amid a recent rise in government pushback, stressing that public policies “always have pros and cons”. Speaking at a media gathering on Tuesday, Lee said she had relayed lawmakers’ concerns to the government regarding officials’ recent rebuttals. She described the relationship between the executive and legislative branches as an ongoing process requiring mutual respect from both

Mechanical engineering: Orders from mechanical engineers are stagnating

German mechanical and plant engineering reported stable orders in April. While foreign orders are increasing, domestic demand is once again weakening significantly.

Gamblers are more likely to win than lose in this bull run

I read the simple path to wealth when I first got into investing last year. Kept it simple by investing all into S&P500 because “most people don’t outperform the market”. Well it certainly seems like most people ARE outperforming the market in this few years, and by a lot. Tried to run the race slow and steady and I’m definitely in last place right now. submitted by /u/Comfortable-Bit-126 [link] [comments]

Hong Kong retail sales rise 8.6% in April on back of higher visitor arrivals

Hong Kong’s retail sales rose by 8.6 per cent year on year in April, extending the sector’s recovery for a 12th consecutive month, supported by continued growth in visitor arrivals and holiday spending. Provisional figures released by the Census and Statistics Department on Tuesday showed retail sales reached HK$31.4 billion (US$4 billion) in April, compared with HK$28.9 billion a year earlier. Retail sales for the first four months of 2026 rose 11.3 per cent from the same period last year. A...

Who owns the billions in Germany's 'forgotten accounts'?

Billions of euros sit untouched in Germany's dormant bank accounts. With heirs unaware and no central register in place, banks and politicians are debating who should ultimately control the money.

Infrastructure: Orders and sales from the rail industry are increasing

The special fund for infrastructure is showing its effect: both orders and sales are reaching record numbers in the railway industry.

Japan’s newly crowned top company gets a downgrade on AI ‘mania’ concerns

Deutsche Bank analyst downgraded SoftBank to hold.

Brocker Crackdown: China closes the yield emergency exit

Popular online brokers made it easy for Chinese investors to buy Nvidia, Tesla or US ETFs. Now Beijing is closing this gray area. That causes frustration.

Hundreds of euros for cancellation: Lufthansa takes back the fee for Flex fares

Anyone who books a flexible ticket pays more - for the flexibility. That's why it caused displeasure when the company introduced cancellation fees on certain long-haul routes. Now the turnaround follows.

Got a 15k EUR severance, parked it wrong for a year, trying not to repeat the mistake

Laid off early 2025, got around 15k EUR severance on top of my emergency fund. I'm 34, based in Tallinn, working again since last summer so this isn't survival money, it's just a lump I want to put somewhere sensible instead of letting it rot. Here's the embarrassing part. It sat in my checking account for almost a full year because I kept telling myself I'd "research properly" and never did. Rough guess that procrastination cost me 400 to 500 EUR in interest I could have earned risk-free. So th

How foreign investors should view China’s ‘little giants’ scheme

The surge of interest in Chinese humanoid robotics has raised a practical question for investors, corporate strategists and supply chain executives: who makes the parts? Reduction gears. Torque sensors. Precision bearings. Industrial software. The further one traces the supply chain, the more often the answer leads to companies that are not household names or well understood by foreign investors. Many carry a designation that deserves closer attention: “little giant”. China began cultivating...

China’s LNG Imports Recover Ahead of Peak Cooling Season

China imported 4.9 million tons of liquefied natural gas last month, a slight increase on an annual basis, Bloomberg reported today, citing shipping data. The rebound comes ahead of a likely jump in electricity demand over the summer as air-conditioning demand rises. The May figure is also a reversal of import trends from the previous few months, which booked a series of declines amid crimped supply from the Middle East that led to significantly higher prices, dampening importers’ appetite and g

Rail transport: German rail industry reports record values

The special fund for infrastructure is driving the rail industry to new heights. Sales and incoming orders reached record levels in 2025, primarily due to the renovation of the rail network.