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27d06/02

2 Taiwan air force pilots die in T-34C crash, spurring probe and debate over aircraft

A Taiwanese air force aircraft crashed during a training mission on Tuesday, killing two experienced pilots and prompting renewed scrutiny of the island’s ageing fleet of T-34 basic trainers. The T-34C aircraft went down at about 8.08am at Gangshan Air Base in Kaohsiung, southern Taiwan, while conducting a simulated engine-failure exercise, according to the island’s air force. Both pilots on board, Lieutenant Colonel Kuo Chun-nan and Lieutenant Colonel Lu Chi-yu, were killed. The air force...

◇ unclassifiedchina · asia · usa
27d06/02⚠ war-conflict · 3/5

Goldman Sachs Sees Strong Refining Profits Through 2026 Amid Fuel Supply Crunch

Tighter petroleum product supply resulting from the Strait of Hormuz crisis will keep refining margins significantly higher throughout 2026, Goldman Sachs has forecast, with diesel margins especially elevated, Reuters reported. The war in the Middle East has pushed refiners’ margins two to three times higher than the average for the period from 2013 to 2019, the investment bank’s commodity analysts said in a note this week. Diesel margins specifically are seen at between $19 and $26 per barrel h

◇ unclassifiedmiddle-east · russia · usa
27d06/02⚠ war-conflict · 2/5

AI is creating a new gold rush. Companies are investing heavily in the energy sector. AIPO ETF?

Is investing in ETF like Aipo ( Defiance AI & Power Infrastructure) smart move? Due to the rapid development of artificial intelligence, companies across a wide range of industries from tech giants to automakers are rapidly expanding into the energy sector. The race for electricity, which has become a critical resource for AI technologies, has turned into a modern-day gold rush, creating enormous financial value but also significant risks if demand cannot be met, Axios reports. Electricity, long

Social◇ unclassifiedusa
27d06/02⚠ war-conflict · 3/5

Major Russian attack on Kyiv, other Ukraine cities kills at least 9, wounds dozens

Russian air attacks on major Ukrainian cities such as Kyiv, Dnipro and Kharkiv killed at least nine and wounded more than 60 early on Tuesday, authorities said, following days of warnings that Moscow was planning a major assault. Russia has targeted Ukraine’s power supply and infrastructure while Ukraine has stepped up attacks this year on Russian ‌oil facilities in a war now more than four years old, sometimes causing casualties, but both deny targeting civilians. Five people were killed and 25

◇ unclassifiedchina · asia · russia
27d06/02⚠ war-conflict · 3/5

Japan’s Russia concern, businesses choose Malaysia over Singapore: 7 Asia highlights

We have selected seven stories from the SCMP’s coverage of Asia over the past week that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Russia’s military activity has Japan fearing a dual-front war Japan’s call to maintain “impeccable” defences on its northern frontier reflects Tokyo’s deepening concern over growing Russian military activity in the region, analysts say. 2. Rising costs in Singapore spur.

◇ unclassifiedchina · asia · russia
27d06/02

Calls for faster rehousing of evicted Hong Kong subdivided flat tenants

Hong Kong authorities should offer more timely and flexible urgent accommodation for residents uprooted by a new regulation aimed at eliminating the city’s notorious subdivided flats, lawmakers have urged. Their comments were made on Tuesday after the Housing Bureau briefed lawmakers on plans to reserve up to 180 transitional flats in urban and extended urban areas to tenants evicted on short notice. Scott Leung Man-kwong, deputy chairman of the Legislative Council’s housing panel, said he...

◇ unclassifiedchina · asia · usa
27d06/02

Denmark’s prime minister secures third term after marathon talks

Denmark’s Social Democratic leader ⁠Mette Frederiksen said on Monday ⁠she has agreed to form a centre-left coalition government, maintaining her grip on power amid a crisis in ties with US President Donald Trump over the future of Greenland. The deal to form a minority cabinet gives Frederiksen a third ‌consecutive term as prime minister, ending months of uncertainty after a March election in which 12 parties won seats in the Danish parliament. “I have been to see His Majesty the King and...

◇ unclassifiedchina · asia · usa
27d06/02

Short-Term Investment Options for $10K/under

Hi guys, I've saved $10K in the last year and I want an easy place to let it sit and grow in the short term. I don't need a super high yield , but I mainly need the ability to easily withdraw my funds after 12 months, without significant delay or loss. (I'm an actor so my income can be inconsistent - I may need to withdraw to cover rent during a challenging month. I have enough saved to manage until 2027) I already have it in Wealthfront HYSA where APR is 3.3%. I've also heard of Target Date Fun

Social◇ unclassifiedsocial-signal
27d06/02⚠ war-conflict · 3/5

Why do China and other powers still want aircraft carriers?

Drone swarms and stealth submarines are playing a growing role in modern warfare, yet aircraft carriers remain a symbol of military might. That can be seen in China’s investment in the warships, as well as other countries including France, Turkey, India and Japan. China’s naval fleet has been expanding at a rapid pace, with its fourth aircraft carrier fast taking shape, according to the latest satellite images of the shipyard in Dalian in the country’s northeast, where it is being built. Those..

◇ unclassifiedchina · asia · india
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