Finance news

◇ unclassifiedusa · china

China’s factory activity beats forecasts in May, private survey shows, despite softer official data

China’s manufacturing activity expanded faster than expected in May, according to a private survey released Monday, although growth slowed from April.

◇ unclassifiedchina · asia · taiwan

China responds to Japan-Philippines boundary talks with expanded sea patrols

Beijing has announced law enforcement patrols in waters east of Taiwan, in retaliation against Japan and the Philippines’ decision to launch maritime boundary delimitation talks. According to a statement from China’s coastguard, a formation led by its vessel Daishan conducted law enforcement patrols on Monday in waters east of Taiwan “in accordance with the law”. “This is a necessary action taken in response to Japan and the Philippines’ unilateral announcement of the launch of maritime...

Malaysia bars under-16s from social media as new rules come into force

Malaysia began enforcing age verification requirements for social media platforms on Monday, barring children under 16 from opening new accounts and requiring all existing users to confirm their identities using official government documents. The measures come into force under the Online Safety Act 2025 and are being implemented by the Malaysian Communications and Multimedia Commission (MCMC) through two complementary frameworks: the Child Protection Code, which obliges platform providers to...

Social◇ unclassifiedusa · uk

The FTSE index has changed its rules to accelerate forced buying of SpaceX shares, which means that VWRA investors are now part of the exit liquidity.

https://www.channelnewsasia.com/business/spacex-set-fast-entry-us-global-indexes-under-new-ftse-rules-6143421 New rules are: (1) IPOs are eligible even with less than 5% free float, as long as the free float meets the minimum requirement within 12 months after IPO (2) IPOs with large market capitalisations will be included on the index (and bought by index funds) in 5 trading days after listing, under its "fast entry" rule. This follows NASDAQ that has already changed its index rules. Watch as S

Traffic: Freenow boss calls for minimum prices for rental car trips

The Freenow platform arranges taxi rides via app. Your Germany boss is demanding minimum prices for rental car rides because Uber and Bolt are driving down prices. Such a rule now applies in Cologne.

Medium-sized companies: Five family businesses invest in battery storage start-ups

Encosa has completed a financing round of 25 million euros. The Munich start-up relies on energy-intensive medium-sized companies - who are also potential customers.

Milk Day: Cow or Plant? Seven milk myths checked

There can be many reasons for choosing plant-based drinks over cow's milk: There are many rumors circulating about health and climate protection. What is really true?

Decision expected: Will neo-Nazi Liebich be brought to Germany?

Marla Svenja Liebich is currently in a Czech prison. The conditions there are considered harsh. Why Liebich still wants to stay there - and why that seems rather unlikely.

◇ unclassifiedgermany · europe · uk

HDE consumption barometer: Stabilization yes, upswing no – Germans are becoming a little more optimistic again

The Iran war has so far not put as much of a burden on consumers as the energy crisis that followed the outbreak of the Ukraine war. Consumer sentiment is therefore picking up again – even if only slightly.

◇ unclassifiedchina · asia · india

Jakarta deploys troops against muggers, stirring dark memories

Jakarta residents have largely welcomed a new police-military campaign against violent street crime, after a wave of brazen motorbike muggings struck fear into Indonesia’s capital. But rights advocates warn that deploying soldiers alongside police blurs a line between law enforcement and military power, reviving memories of extrajudicial killings in a country still haunted by its authoritarian past. On May 15, Jakarta police announced the formation of a special, 24-hour joint patrol task force..

Electromobility: Used electric vehicles are out of the niche

More and more used electric cars are for sale. The Fraunhofer ISI looked at the offer and prices. The conclusion is positive.

Social media: Sowing doubt for clicks - Why influencers warn against rapeseed oil

Nutrition experts expressly recommend rapeseed oil. Some influencers still warn against the vegetable oil. What is their motivation?

Social◇ unclassifiedgermany

Weekly Financial Discussion - Week 23 (2026-06-01)

This post contains content not supported on old Reddit. Click here to view the full post submitted by /u/daily-thread [link] [comments]

34d06/01⚠ sanctions · 2/5

Beyond Nvidia: how US export curbs are forcing China to redesign its AI chip industry

Under the weight of sustained US export controls on advanced semiconductors, China’s AI chipmakers are battling to forge a self-reliant silicon ecosystem capable of breaking Nvidia’s stranglehold on the market. At the centre of this rivalry is a fundamental design debate: Should the country rely on the versatile graphics processing unit (GPU) or pivot to the highly specialised application-specific integrated circuit (ASIC)? The fight is no longer about finding a single Nvidia clone; it is about.

Frank Werneke: Interview with Verdi boss: “You won’t win elections with a ‘reform package of horror’”

The coalition is planning a major reform package. In the Handelsblatt interview, Verdi boss Frank Werneke sets clear limits on key points of contention. If social cuts are made, he threatens to protest.

◇ unclassifiedchina · asia · europe

Australia catches Europe’s right-wing populist wave

Australia’s populist One Nation party surged past the ruling Labor party to lead a nationwide opinion poll for the first time, highlighting voter disappointment with last month’s budget and reinforcing signs of a fracturing of the conservative side of politics. One Nation’s primary vote advanced 4 percentage points to 31 per cent from a previous poll conducted ahead of the May 12 budget, while the centre-left government slipped 3 points to 28 per cent, according to a Redbridge Group/Accent...

◇ unclassifiedgermany · europe · uk

+++ Ukraine War +++: Romania's head of state: drone was undoubtedly Russian

Ukrainian drones hit Russian refinery +++ Zelensky renews warning of massive Russian attack +++ IAEA demands access to turbine hall in Zaporizhzhia nuclear power plant that was hit +++ The news blog.

◇ unclassifiedgermany · europe · usa

+++ USA +++: Ex-Fed boss Powell warns against political interference at the Fed

USA again kills alleged drug smugglers on the high seas +++ Billions in damage feared due to stop of international flights +++ The news blog.

Who benefits from the ‘significant improvement’ in Hong Kong’s finances?

It’s that time of the year again – tax season, so don’t forget to fill out your return. It’s also the time of the year when the Hong Kong government decides on pay rises for its civil service staff of over 170,000. There’s a well-established system for deciding on pay rises. It includes the pay trend survey submitted to the government last week. Its preliminary results indicate that civil servants are in line for wage increases of 4.12 per cent for senior civil servants, 2.64 per cent for...

Parents begin wealth transfer plans when children are as young as four

[The content of this article has been produced by our advertising partner.] Affluent parents in Hong Kong and mainland China have begun wealth transfer planning when their children are as young as four, according to a new survey by DBS Hong Kong. “DBS Treasures Affluent Family Survey 2026 – From Education to Inheritance: Planning for Children’s Future”, which polled families in Hong Kong and mainland China, found that parents set aside an average of HK$5mn in liquid assets for the next...

The Story of Foxtrot: A Messy Private Restructuring Highlighting Successor Liability Questions

Really interesting story in the corporate bankruptcy/restructuring world on the private side. The most comprehensive coverage is in a write up by MotherJones which I can't link here. They're not shy with their perspective on PE as a whole, but their article is the most complete versus the bits and pieces coverage from most sites. https://www.cbsnews.com/chicago/news/foxtrot-market-and-doms-kitchen-file-for-bankruptcy/ https://chicago.eater.com/2024/5/16/24157698/foxtrot-bankruptcy-auction-comeba

Social◇ unclassifiedusa

◇ unclassifiedchina · asia · usa

Hong Kong’s John Lee on Central Asia mission to explore new markets, expand ties

Hong Kong’s leader begins an official visit to Central Asia on Monday with his largest delegation to date, aiming to explore new markets amid geopolitical uncertainties and help mainland Chinese companies “go global”. Sources said dozens of memorandums of understanding (MOUs) were expected to be signed by representatives from various sectors and their counterparts in Kazakhstan and Uzbekistan during the five-day visit. One of the deals under the spotlight will be between tungsten miner Jiaxin...

◇ unclassifiedchina · asia · usa

Why a fabled Chinese surgeon’s tomb may help rewrite history of anaesthetic use

On October 16, 1846, the American dentist William T.G. Morton successfully demonstrated the use of inhaled ether anaesthesia at Massachusetts General Hospital in Boston, an event widely considered a turning point in modern surgery. But this record may have to be rewritten after new evidence emerged that in the 14th century AD, Chinese surgeons were making their own anaesthetics from plants. Their use had previously been recorded in ancient Chinese texts, but now the first physical evidence...

◇ unclassifiedchina · asia · uk

Japan Buddhist monk bar has heaven- and hell-inspired drinks, offers beating service

A Tokyo bar run by Buddhist monks has become an online sensation for its unusual blend of cocktails, chanting and death-themed rituals. At the Vowz Bar in the city’s Shinjuku district, patrons can sip drinks inspired by heaven and hell, seek life advice from the monk staff and listen to sutras performed in a modern musical style. According to a Chinese visitor @kaolababyy, the menu features cocktails such as “Nirvana in the Pure Land”, “Never Ending Suffering in Hell” and “Love and Hate leading.

◇ unclassifiedusa · iran · israel

Oil jumps 2% as Israel expands Lebanon offensive, rattling ceasefire hopes

Oil prices surged on Monday after Israel instructed troops to push deeper into Lebanon amid renewed clashes with the Iran-backed Hezbollah group.

Colombia: Runoff election: Left-wing senator against right-wing lawyer

The decision on Colombia's next president will only be made in the runoff election. The South American country will then be faced with a choice between left and right.

Social◇ unclassifiedsocial-signal

SLS, NBIS or SNXX for this coming week

I’ve been looking between these three positions for a little while now. Seeing a lot of positivity online for SLS, but also seeing strong numbers for NBIS in the last half a year and wondering if I should jump on that bandwagon. But, last but not least, SNXX has also been really compelling. Especially with how SNDK seems to be just going up up up nonstop. Any thoughts between these three? submitted by /u/Semi_Competent_Nick [link] [comments]

34d06/01⚠ war-conflict · 1/5

$NOW is up 10% overnight. Is SaaS the next boom that won't ever stop?

I've mostly been focused on AI names and semis, but seeing $NOW jump 10% after earnings/news has me wondering if the market is starting to reward software again. For the last few years it felt like SaaS was dead money compared to chips and infrastructure plays. Now companies like ServiceNow seem to be putting up strong numbers and getting premium valuations again. Do you think we're entering another multi-year SaaS run, or is this just a temporary rotation while AI spending works its way through

Social◇ unclassifiedsocial-signal