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38d05/31

For SpaceX, global dominance may not be written in the stars

The excitement around SpaceX, fuelled by the targeted US$1.8 trillion valuation for its initial public offering and its promising Starship rocket development, has revived a familiar claim: that SpaceX is on course to dominate the space market. Commercially, that view is understandable. SpaceX conducts more space launches than anyone and at very competitive costs, its Starlink satellite internet company provides strong in-house demand, and it has a scale advantage unmatched by any other private..

unclassifiedchina · asia
38d05/31

Turnkey vs value add for a first time investor

I have about 50k saved up and I want to buy a rental property. I live in a high cost of living area so I have to look out of state. I'm torn between buying a turnkey property with low cash flow or a value add property that needs work. I've been using homesageAI to compare the current yield versus the potential yield based on local real estate comps. It helps me visualize the spread. For those who invest remotely, did you start with turnkey or did you jump straight into renovations? submitted by

Socialunclassifiedsocial-signal
38d05/31

AI firm MiniMax prepares for mainland China listing after shares surge in Hong Kong

MiniMax Group, the Chinese artificial intelligence model company, has officially kicked off plans to sell shares in mainland China. This offers onshore investors access to AI players beyond chipmakers and completes a dual-listing status in addition to Hong Kong. The Shanghai-headquartered company signed an agreement with Citic Securities on Friday, hiring the brokerage to help prepare for a sale of yuan-denominated shares. While other details on the listing are scant, it is widely expected that.

unclassifiedchina · asia · usa
38d05/31war-conflict · 3/5

Philippines says Beijing main hurdle to South China Sea code of conduct

Members of Asean might have conflicting claims in the South China Sea but mutual trust exists in the bloc, Philippine defence chief Gilberto Teodoro Jnr said on Sunday, singling out Beijing as the biggest obstacle to a code of conduct in the disputed waterway. Teodoro delivered strong words for China in the final panel of the Shangri-La Dialogue security forum in Singapore, taking aim at Manila’s long-time maritime rival for disregarding an international arbitral tribunal which ruled in favour..

unclassifiedchina · asia · usa
38d05/31

China woman nearly dies after becoming tangled in fishing line while riding bike at night

A Chinese woman said she was nearly killed by a fishing line while riding past a crowded bridge, sparking safety concerns online. The woman surnamed Wang, from Hangzhou, eastern China’s Zhejiang province, shared her hair-raising experience on the night of May 23. She and her friend were riding electric bikes on a bicycle lane of the Fuxing bridge in the city, when a fishing line suddenly wrapped around her throat. It happened too fast that she did not have time to stop the bike. The line kept...

unclassifiedchina · asia
38d05/31

Hong Kong may host Shenzhou-23 crew in 2027, including astronaut Lai Ka-ying

Hong Kong could welcome the astronauts of the Shenzhou-23 mission, including the city’s history-making payload specialist, as early as the first half of next year, the technology chief has said. Secretary for Innovation, Technology and Industry Sun Dong also said on Sunday that the government would establish a new space manufacturing research centre under InnoHK this year, focusing on 3D printing and artificial intelligence (AI). “I hope that after the Shenzhou-23 crew returns, a visit by the...

unclassifiedchina · asia · usa
38d05/31war-conflict · 1/5

How do you manage a move for a job in relation to buying real estate?

I currently live in the west of DE and have been offered an exciting position in the north. So exciting that we as a family are considering moving. We currently live in a maisonette that still has around 40k open. We also own a half of a house where around 125k is open. If we scrape everything together, we might have somewhere around 35k in reserve. In the area you are looking for, you can find acceptable houses between 350k and 450k. Now it's clear we want to move

Socialunclassifiedgermany · usa
38d05/31war-conflict · 1/5

A classification on MSCI dilution fears over SPCX. What's it?

There are already confirmed fast-track inclusion reports in the MSCI World, and special rules have been changed for this purpose, e.g. here: https://www.cash.ch/news/top-news/msci-chef-spacex-winkt-nach-borsengang-schnelle-aufnahme-in-indizes-941343 But does this dilute the ETF, as feared? Let's imagine: the iShares Core MSCI World has a capitalization of all included companies of around $90 (European) trillion [see edit]. Musk has “only” promised 5% for the public market

Socialunclassifiedgermany · europe
38d05/31

Malaysia blasts ‘conspicuously muted’ response over axed Norway missile deal

Malaysia’s Defence Minister Mohamed Khaled Nordin slammed the international community’s “muted” response on Sunday at a security forum over Norway’s decision to scrap a missile deal with Kuala Lumpur. In a charged speech at the Shangri-La Dialogue in Singapore, Khaled said the “deafening silence” on Oslo’s cancellation of the agreement sent a message that certain countries were “simply above scrutiny”, questioning if global rules were subject to the will of bigger powers. Earlier this month, the

unclassifiedchina · asia · usa
38d05/31

NGO offers HK$30,000 to residents of blaze-hit Tai Po blocks who transfer ownership

Hong Kong’s largest non-profit organisation, the Tung Wah Group of Hospitals, will give HK$30,000 (US$3,827) to residents displaced by the deadly Tai Po fire who agree to transfer ownership of their flats to the government, its chief executive has said. Albert Su Yau-on also revealed on Sunday that more than 1,000 inquiries had been received regarding the group’s legal aid scheme for Wang Fuk Court residents, following the November blaze that killed 168 people and displaced about 5,000...

unclassifiedchina · asia · uk
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