Finance news

Nikkei, Yen, Hang Seng: Asia's stock markets defy Middle East worries thanks to AI boom

Technology stocks and semiconductor stocks in particular are rising on the Asian markets, while ongoing tensions in the Middle East are causing oil prices to continue to rise.

Mobile phone network: The 2G radio standard is being phased out

When the 2G mobile communications standard was introduced, Helmut Kohl was Chancellor and Telekom was called Bundespost. The radio standard still exists. But now his last days are numbered.

used to dread rebalancing day, now it runs overnight

About $47k taxable (6 stocks, 2 ETFs), 401k with target date fund, Roth at 80/20 VTI/VXUS. Rebalancing used to take a full afternoon every quarter because of the tax lots in taxable. Few weeks back I set up a small job on a cloud machine. Pulls holdings, runs drift calcs, spits out trades with estimated tax impact. Runs overnight. The thing that got me: it sorts every lot by holding period and builds the sell list clearing long term gains first. Flagged one lot that was 3 days from crossing one

Muted Shangri-La Dialogue addresses emerging issues: 5 takeaways

SoftBank dethrones Toyota as Japan's most valuable company

Grab seeks to ease data security concerns as it pushes into Taiwan

Intel bets on comeback with new CPUs for data centers, robotics

Knife attack on revelers: Bielefeld terrorist attack: verdict expected

After the attack on people partying in Bielefeld, the federal prosecutor's office demanded the maximum sentence for the defendant. Now the verdict should be pronounced.

Hong Kong-born scientist King Li named founding dean of third medical school

A Hong Kong-born biomedical imaging expert and founding dean of a US institution has been appointed to head the city’s third medical school. In a statement released by the University of Science and Technology on Monday, physician-scientist King Li King-chuen, dean emeritus of Carle Illinois College of Medicine, said he would draw on his experience to work closely with partners in the city and the Greater Bay Area to nurture a new generation of physician-innovators. “I am deeply honoured to be...

Oil Prices Rise as Israel Expands Lebanon Offensive

Oil prices climbed in early Asian trading on Monday as Israeli troops moved further into Lebanon over the weekend, adding fuel to fears that the broader Middle East conflict is moving toward escalation rather than a peace deal. At the time of writing, West Texas Intermediate crude was up 2.88% at $89.88 per barrel, while Brent crude had risen 2.43% to trade at $93.33 per barrel. The latest escalation in the regional conflict came after Israeli troops crossed the Litani River, having declared all

+++ Iran War +++: USA is apparently pushing for a new ceasefire between Israel and Hezbollah

Iranian Revolutionary Guards attack bases in northern Iraq +++ Wadephul worried about Israeli advance in Lebanon +++ Tehran demands frozen billions back +++ The news blog.

Jerome Powell warns that politicizing Fed will erode its credibility

Former Fed Chair Jerome Powell on Sunday called the Federal Reserve’s independence “a priceless asset” that must be protected, in one of his first major speeches since stepping down from his post earlier this month.

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.

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...

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.

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.

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?

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

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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.

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...

+++ 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.

+++ 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.