Finance news

Asian investors look for novel ways to join SpaceX’s US IPO excitement

Investors across Asia have been largely shut out of the world’s largest-ever initial public offering, which has forced them to find creative ways to make bets on SpaceX’s US$75 billion global spectacle. With no direct access to the IPO, traders from Seoul to Shanghai are piling into companies along the space supply chain, industry-themed exchange-traded funds (ETF) and Nasdaq 100 Index-tracking funds in hopes of eventually capturing some of the gains that many expect once SpaceX shares hit the..

Nikkei and Kopsi: Hope for Middle East peace – Asia's stock exchanges are trading higher

US President Trump is promising an early framework agreement with Iran to end the war. Tehran denies this. The hope is making Asian investors optimistic.

Situation at a glance: Trump sees an Iran deal close again - Tehran denies it

As soon as the US President announces new attacks on Iran, the U-turn follows. Both sides are said to be close to a deal. Will there really be a breakthrough this time or will the wrangling continue?

Giant ‘8647’ anti-Trump markings appear in US capital

US Park Police opened an investigation on Thursday into giant markings of the numbers “8647” – which have been associated with opposition to President Donald Trump – on the grass of the National Mall. A spokesperson for the Department of the Interior, which manages the National Mall in downtown Washington, described the incident as “deranged vandalism” and said it “will not be tolerated”. “Any threat against the president is taken very seriously by the department, and our US Park Police will...

China’s ports are by far the most efficient in the world: World Bank study

China’s ports continued to dominate global efficiency rankings in 2025, with seven Chinese trade hubs placing in the top 10, according to a study by the World Bank and S&P Global released on Wednesday. The latest edition of the annual report comes at a time when ports are playing a more vital role in the global economy than ever, as facilities strive to handle intense disruptions to global supply chains amid the aftermath of the Red Sea crisis and the ongoing fallout from the US-Israel war on...

After Supreme Court ruling: US court: Trump's new tariffs are probably legal

After the setback in the Supreme Court, the US government is immediately moving on to the next tariff instrument. This is once again a concern for the courts. Will things be better for Trump this time?

Killing of Indian sailors ‘very unfortunate’, US lawmaker says, as tensions rise

Republican Congressman Rob Wittman on Thursday called the US killing of three Indian sailors off the coast of Oman “a very, very unfortunate incident”, claiming that the US military is trying to “determine exactly what happened”. “Our thoughts and prayers go out to those Indian families who lost their loved ones there in that situation,” Wittman told the South China Morning Post. “I know that our United States military is looking into that to try to determine exactly what happened there, but...

Keep in VUAA or transfer to VWCE?

I had invested monthly up to around 4k into VUAA until I realised that I'd rather have a fund which is not 100% US based. I then continued to invest in VWCE instead. ​ Given fees and/or taxes plus general investment etiquette, should I ​ keep the VUAA money in there and just keep investing in VWCE, or Sell my VUAA stock and reinvest it into VWCE and something else? submitted by /u/iseeverything [link] [comments]

SpaceX prices record IPO that could make Musk a trillionaire

Elon Musk’s SpaceX on Thursday confirmed it will begin trading on the Nasdaq exchange Friday in the biggest initial public offering in history, a blockbuster market debut that could propel the entrepreneur to trillionaire status. In a filing with the US markets regulator, the company priced more than 555 million shares at US$135 each, placing SpaceX in the top 10 of Wall Street’s biggest companies with a valuation of just under US$1.8 trillion. It will be valued more than Musk’s own Tesla car...

US lawmakers warn next revolution in AI race must be in America, not China

The United States must ensure the next chapter of responsible innovation is written in America, not in China, lawmakers and witnesses told a congressional hearing on Thursday as they sounded the alarm over US-China competition for global supremacy in artificial intelligence (AI). “Cyber security and national security must be taken seriously. The United States cannot afford to let China or any other adversary gain a technological edge in artificial intelligence,” said Tim Scott, chairman of the..

Canadian policeman killed during investigation tied to US consulate shooting

A Toronto police officer was shot and killed Thursday by a suspect in the investigation into a shooting attack that damaged the facade of the US consulate in the Canadian city in March, police said. One 19-year-old suspect was in custody at a hospital in critical condition while officers searched for a second suspect, who was identified as 19-year-old Zara Jabbi and was considered armed and dangerous, Toronto Police Chief Myron Demkiw said at a news conference. “I urge you to turn yourself in,”.

Taipei envoy sees US$14 billion arms package moving ahead under Trump

Taiwan’s representative to the United States expressed confidence that Washington would approve a new round of arms sales to Taiwan, though US President Donald Trump has yet to make a decision on the matter. Asked on Thursday about a pending US$14 billion US arms sale to Taiwan, Alexander Tah-ray Yui, Taipei’s de facto diplomatic envoy, told CNN: “It’s up to President Trump to decide. Once the review is done, we expect that the sale, that the announcement will be made because we need those arms.

Thanks to Trump, Chinese people have a more realistic view of America

For much of the reform era, the United States occupied a special place in the Chinese imagination. When I was growing up in China in the 1980s, the US – or meiguo, the “beautiful country” – was more than a country. It was an idea. Many Chinese, myself included, associated it with prosperity, freedom, scientific innovation and a functioning democracy. Even those who disagreed with American foreign policy often admired its institutions and power. That admiration survived many shocks: the Belgrade.

Biotech firm WuXi sues US over allegations it supports China’s military

A Chinese biotechnology company sued the US government on Thursday over being placed on a list of businesses from China that the ‌US Department of Defence has linked to that country’s military. WuXi AppTec filed its complaint in the Washington federal court, calling its inclusion on the list arbitrary, capricious, unsupported by the facts and “the product of political pressure”. It also accused the US government of inflicting substantial reputational and operational harm by branding it a...

US eyes Japanese funding for nuclear revival, Lutnick says

Corporate Japan adds more women on boards but still lags US, UK

Business ticker: SpaceX shares cost 135 euros at the IPO

Biggest US IPO of all time on Friday +++ Trump: I love inflation +++ Hybrid supermarket takes over 36 Tegut branches +++ BYD is looking for a car factory in southern Europe +++ News in the company live blog.

US targets Cuba oil giant as China and Havana deepen party ties

The Trump administration on Thursday imposed sanctions on Cuba’s state-owned oil and gas company, escalating pressure on Havana’s communist government and targeting a sector central to the island’s worsening energy crisis. The move came hours after senior Chinese and Cuban officials held a video conference to discuss bilateral cooperation and party-to-party ties. According to statements released by Chinese and Cuban officials, the talks involved Liu Haixing, head of the International Department.

+++ Football World Cup 2026 +++: World Cup opening in Mexico accompanied by protests, demos and blockades

Haiti has to change the World Cup jersey because the motive is too warlike +++ US investor now wants to assert claims against Spain against the national team +++ The World Cup news blog.

Iran War: Trump cancels planned attacks on Iran

According to the US President, there is progress in negotiations with Tehran. Iran apparently denies this. Nevertheless, Trump announced a possible agreement this weekend.

+++ Iran War +++: According to Trump, Iran agreement maybe at the weekend and probably in Europe

Iran apparently denies progress in US negotiations +++ Trump cancels announced attacks +++ Iran: Musk companies are now possible targets +++ The news blog.

Trump taps Wall Street top cop Jay Clayton as spy chief after Pulte backlash

US President Donald Trump said he is nominating Jay Clayton to be the next director of national intelligence, following controversy over his selection of housing regulator Bill Pulte to serve in the role on an acting basis. Clayton has been serving as the top federal prosecutor in Manhattan and was chairman of the Securities and Exchange Commission during Trump’s first term. “I encourage the United States Senate to confirm Jay as soon as possible,” Trump said on social media. Trump stunned...

Wall Street: US stock exchanges close significantly tighter after Trump's statement - oil price falls

Trump has canceled his new wave of attacks against Iran. The leading indices are increasing significantly. Even the higher-than-expected rise in US producer prices cannot change this.

War in the Middle East: Is there a turning point in the Iran war?

The recent escalation between Iran, the USA and Israel has caused great fears. US President Trump announces serious attacks on Iran, but suddenly cancels them. What's behind it?

Development of the oil price: New paths and reserves: Oil market defies the crisis

Despite crises and the closure of the Strait of Hormuz: New pipelines, US fracking and China's oil reserves are keeping the oil price in check. What this means for consumers and the economy.

Nvidia denies Latin America role in chip smuggling as US-China AI rivalry reaches Brazil

Nvidia’s top executive for Latin America denied on Wednesday that the region has served as a corridor for restricted chips into China, weeks after Anthropic, the American maker of the Claude AI models, alleged that Chinese labs had relied partly on smuggled processors to drive recent advances. Speaking at Web Summit Rio at a moment of intensifying rivalry between Washington and Beijing over artificial intelligence, Marcio Aguiar acknowledged that the pressure on export controls is real enough to

Wall Street: US stock markets continue to rise after Trump statement - oil price falls over three percent

Trump has canceled his new wave of attacks against Iran. The leading indices are increasing significantly. Even the higher-than-expected rise in US producer prices cannot change this.

Trump cancels planned strikes on Iran

US President Donald Trump said on Thursday he had cancelled planned military strikes against Iran after negotiations with Tehran reached what he described as the highest levels of the Iranian leadership and received approval from all parties involved. “Based on the fact that discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and approved, I have, as President of the United States of America, cancelled the scheduled strikes and bombings...

US man pleads guilty to assassinating Minnesota lawmaker and husband

The man charged in the political assassinations of the top Democrat in the Minnesota House and her husband, as well as the non-fatal shootings of a state senator and his wife, pleaded guilty in federal court on Thursday after prosecutors said they would not seek the death penalty. Vance Boelter was charged with murdering Minnesota House Speaker Melissa Hortman and her husband, Mark Hortman, and with shooting state Senator John Hoffman and his wife, Yvette Hoffman. Boelter came to their doors in.

+++ Iran War +++: Trump cancels attacks announced today - negotiations have made progress

Trump threatens to occupy Iranian oil facilities +++ US military attacks tanker again – Iranian oil on board? +++ Iran: Musk companies are now possible targets +++ The news blog.