Finance news

The state has no money, but is throwing it out the window elsewhere

Hello, yesterday in the tagesschau: There will probably be no increase in student loans. The reason: Parental allowance and care allowance are being reduced, so you cannot increase student loans. In addition, it has already been decided that for many millions of people, spouses will no longer be insured free of charge in their health insurance. And this despite the fact that the health insurance rates and the BBG were significantly increased twice in a row. Then there is something like the CO2 tax, which applies to everything that uses fossil fuels

There are 35k in the savings account - park more sensibly but still remain flexible?

I have around €35,000 in a savings account that produces practically nothing. I'm barely familiar with stocks/ETFs and am looking for a simple, low-risk way to park the money more sensibly without completely losing flexibility. I probably won't need it in the short term, but I'd like to be able to get it in an emergency. What would you recommend: overnight money, money market ETF, division into emergency funds + remainder, or something else? submitted by /u/TheIndernet [link] [comments]

Economy: German retail has a weak start to the second quarter

The entire retail industry has been under pressure for years. Adjusted for inflation, it has now recorded a decline of 0.3 percent – ​​the fourth decline in a row.

Explaining who pressured FTSE Russell into changing their rules for the SpaceX IPO

SpaceX is going public soon. The company is valued at around 1.75 trillion. However, the insiders are keeping about 95 percent of the shares. They are only selling a very small amount to the public. Usually, big index funds like Vanguard and the S and P 500 have strict rules. They wait until a company proves it makes a profit. They also make sure there are enough shares available to buy. This stops the fund from driving the price up too much when they buy. Now, the people who make these rules ar

SpaceX will be weighted 0.06%…

…in US total market ETFs based on the current IPO pricing. Why are people freaking out about this? So many articles and posts about the end of passive indexes but they never include the specific allocation to maximize clickbait. If SpaceX goes to 0, passive investors won’t even blink because the float and thus weighting is tiny. submitted by /u/luxuryriot [link] [comments]

Wealth: Wealth over centuries – what are the Fuggers doing with their money today?

Alexander Fugger-Babenhausen is the 16th generation of the Augsburg merchant family. How wealth transfer succeeds over centuries - and what price the hereditary count pays.

The German town where locals spend play money to cut CO2

It started as a school project to promote local businesses in a remote Bavarian region. Now, the "Chiemgauer" currency helps to cut emissions.

Transport sector calls for smoother border checks, wider mainland driving scheme

Hong Kong’s transport sector has called for faster cross-border immigration clearance and an expansion of a popular scheme allowing local vehicles to enter Guangdong province to include other mainland Chinese cities. The call was made on Monday after the Northbound Travel for Hong Kong Vehicles scheme, which took effect in 2023, was extended by five years to June 1, 2031. The scheme allows eligible private car owners in Hong Kong to drive into Guangdong via the Hong Kong-Zhuhai-Macau Bridge...

Artificial intelligence: USA closes loophole in chip exports to China

The USA wants to use trade barriers to prevent China from catching up with artificial intelligence. Despite conciliatory tones during his state visit to Beijing, President Trump is sticking to his course.

Philippines, Vietnam close ranks on South China Sea as To Lam visits

The leaders of Vietnam and the Philippines upheld the importance of keeping the freedom of navigation in the South China Sea amid tensions in the strategic waterway where Beijing lays expansive claim. “As fellow claimant states, we reaffirm that maintaining peace, stability and the freedom of navigation and overflight in the South China Sea remains non-negotiable,” Philippine President Ferdinand Marcos Jnr said. He spoke at a joint briefing with visiting Vietnamese leader To Lam after their...

Federal Reserve: Ex-Fed Chairman Powell warns against political interference at the Fed

Powell sees democratic institutions such as the Federal Reserve, courts and universities being subjected to a stress test. He warns of layoffs at the Fed due to political differences.

Hong Kong government’s venture fund eyes bigger bankroll after double-digit return

The government’s investment arm achieved a double-digit internal rate of return last year, greater than many newly established venture capital funds, according to its CEO. “Many overseas funds have a J-curve performance, as they tend to suffer an initial loss before a gain,” said Clara Chan Ka-chai, CEO of Hong Kong Investment Corporation (HKIC). “But we have already bypassed the J-curve, as we have earned HK$2.3 billion [US$293 million] in 2024, while we have achieved a double-digit rate of...

Mapping how Netanyahu sabotages peace deals jacking up gas prices

Mapping how Netanyahu sabotages peace deals jacking up gas prices submitted by /u/Free-Resident-4202 [link] [comments]

My turning point: “I have the privilege of taking over a company at some point”

It was only through an open-hearted confession that Hanna Coppenrath found her way into the family business - and the realization: Maybe I can do it after all?

TECH: And what if speed doesn’t matter at all?

Europe must become faster. This is the only way it can get involved in the tech industry and maintain its prosperity in the AI ​​age. It is often said. Something else is much more important.

Taxes: Pension insurance probably expects a larger increase in contributions in 2028

According to a report, pension contributions could rise more than previously expected. More and more pensioners and fewer contributors are putting a strain on the system.

Impact of Middle East war on Hong Kong’s inflation limited, finance chief says

Hong Kong’s finance chief has said the Middle East war has played only a limited role in driving up local inflation, noting the city’s service-based economy and stable energy supplies from mainland China have mitigated the effects of external shocks. Briefing the Legislative Council on Monday, Financial Secretary Paul Chan Mo-po said the surge in global fuel prices was expected to affect fuel-related consumer prices, pushing inflation higher. “Rising international oil prices will continue to...

Pressed by Iran crisis, Pakistan plans to start strategic oil reserve

Taiwan's KMT leader set for US trip amid scrutiny of party's defense cuts

Hanwha Aerospace factory explosion reportedly kills five

Singapore's DBS to open more wealth centers as rich Asians seek advice

Nvidia bets on agentic AI with its 'largest-ever' supercomputing system

The new bank card is here...

Credit limit is of course zero. Wealth comes from gold mining and interest income, not from interest payments. submitted by /u/Much-Jackfruit2599 [link] [comments]

Gastronomy: The “second living room”: These are the most beautiful inns in Germany

Guesthouses and taverns are experiencing a renaissance. With more than 100 authentic locations to choose from, these are our top ten picks.

Nvidia jumps into PCs with new Arm-based chip debuting in laptops from Microsoft, Dell, HP

Nvidia CEO Jensen Huang unveiled a long-awaited Arm-based PC chip, breaking into PCs for the first time on new laptops by Dell, Microsoft, HP, ASUS and others.

China honour guards undergo rigorous training – precise marching, standing still for 3 hours

The Chinese soldier who went viral for remaining completely still as the US presidential aircraft, Air Force One, taxied nearby during a recent visit to China by Donald Trump, has spoken about the rigours of his job. Liu Zhencheng, 23, who serves in the Beijing Armed Police Corps, was on duty when the US delegation touched down in Beijing. The armed police follow the rules of the People’s Liberation Army (PLA), receive the same treatment as the PLA and obey the leadership of the Central Military

Goldman Sachs Sees Oil Demand Destruction Offsetting Supply Shock Risks

Demand destruction resulting from higher prices will somewhat soften the blow from physically tighter oil markets, Goldman Sachs commodity analysts said in a note. “We see significant upside price risks from potentially more persistent Mideast supply losses but also meaningful price downside from weaker demand,” the team said, as quoted by Bloomberg. “Actual end-use oil demand may have fallen more in response to higher prices than expected.” The investment bank’s analysts estimate that the exten

Start-up: Lots of sugar, lots of money - How two sisters make millions with sprinkles

Two sisters from Hamburg achieve double-digit million sales with bright sprinkle mixes. How does “Super Streusel” fare against the big players and a competitor from its own city?

Real estate: Tenancy law reform hits landlords hard – hundreds of euros less

What restrictions Justice Minister Hubig's reform plans have now presented for owners and landlords - and how much they will change the market.

Skeptical financial institutions: New risks in the real estate market are putting banks under pressure

According to a survey, financiers are skeptical about the real estate business - in contrast to most industry experts. One development in particular is causing great concern.