Finance news

Trump’s ICE blitz cost 668,000 jobs, creating ‘chilling effect’ on US firms

The Trump administration’s immigration surge into US cities last year resulted in 668,000 job losses, creating a “chilling effect” that pervaded local economies, hurt businesses and affected American-born workers, according to a report from the Brookings Institution. The Immigration and Customs Enforcement campaign adopted “shock and awe” tactics that were broader and far more visible than previous enforcement efforts, including one started under former president George W. Bush in 2008 and...

Complete community wind farm crowdfunding (€25k) in my name – disadvantages/risks?

Hello everyone, my father would like to participate in a regional community wind farm crowdfunding. The limit is €25,000 per resident. However, he can register another person and would now like to invest an additional €25,000 (his money) via my name. ​According to him, it is risk-free for me. The taxes would be deducted directly from the winnings, so my personal allowance remains unaffected. I am skeptical and wonder whether this could put me at a disadvantage

Singapore security union backs guards after row with swearing Hong Kong principal

Singapore’s Union of Security Employees (USE) said on Thursday that it “stands firmly behind” the security guards involved in a confrontation with a Hong Kong school principal in which he swore at them. The secondary school principal, Lee Cheuk‑hing, who was on a trip to Singapore with a group of students, was seen arguing with the guards over a parking matter at SAFRA Jurong, a recreational club, in a video widely circulated on social media. Lee has since tendered his resignation from San Wui..

Beijing allows Hong Kong yachts to berth more easily in some mainland Chinese ports

Hong Kong-registered yachts can berth more easily in designated mainland Chinese ports in the Greater Bay Area, as Beijing has waived customs guarantees and simplified administrative procedures, paving the way for more seamless leisure vessel travel within the region. In a directive published on Saturday night that confirmed earlier reporting by the South China Morning Post, China’s State Council revamped its maritime policies, allowing Hong Kong and Macau leisure yachts to enter designated...

Hearing results a key factor in insurance claims for Wang Fuk Court residents: experts

The success of Wang Fuk Court residents’ attempt to seek compensation for losses arising from Hong Kong’s deadliest fire in decades will hinge significantly on the findings of the independent committee investigating the disaster as claimants must prove negligence was involved, experts have said. The experts’ comments came after some residents of the Tai Po estate said that recently released documents on the government’s buy-back plan were ambiguous about their rights to pursue insurance claims..

Chinese scientists create ‘kill-them-all’ algorithm for drone warfare

A research team from northwestern China has released a new algorithm that could fundamentally change how drone swarms hunt and destroy enemy targets. The algorithm, known as HG-STR (Heterogeneous Graph Spatio-Temporal Reasoning), promises to allow a fleet of fixed-wing drones to autonomously search a vast battlefield and eliminate every single enemy, even when their communications are being jammed and their vision is blocked. It is the first known algorithm capable of achieving a 100 per cent...

The electric revolution will not be televised

Politicians from Paris to Brussels are calling for a massive overhaul of the EU’s economic system – as if it weren’t already happening, under adverse conditions, and at a grassroots level

Situation at a glance: Trump without a decision – Iran insists on its own interests

A breakthrough in the tough negotiations on the Iran war is still a long time coming. There is still no solution in sight in the bloody conflict between Israel and the pro-Iranian Hezbollah.

Chasing billions: Indonesia’s commodity export crackdown sows confusion

Indonesia lost nearly US$1 trillion in resource wealth over a 34-year period due to deceptive trade practices, President Prabowo Subianto declared in parliament on May 20. That same day, a set of new export controls was unveiled. Foreign-exchange earnings would be locked in Indonesian banks for a prescribed time limit and producers of coal, palm oil and ferroalloys would be required to route sales through a new state-owned enterprise. But barely had the ink dried on the new rules when talk of...

How Philippines and Japan future-proofed ties amid China tensions, US wavering

The upgrading of a comprehensive strategic partnership between the Philippines and Japan underscores how the allies are future-proofing their ties amid growing uncertainty in the Indo-Pacific, analysts say. “This milestone reflects the strength, depth and breadth of our ties as we respond to the evolving challenges and opportunities of our time,” President Ferdinand Marcos Jnr said on Thursday at a joint press conference with Japanese Prime Minister Sanae Takaichi in Tokyo. The talks also...

Hegseth praises Indo-Pacific nations for improving defense capabilities, pragmatism

Indo-Pacific countries investments in their defense an example of how burden sharing works, says Hegseth

Fiber to the Home: Few customers, high costs: There is a crisis in the fiber optic industry

Send excavators, lay cables and collect millions in contracts for high-speed Internet: the fiber optic business model sounds promising. And what if the millions of contracts don't come at all?

China to crack down on food delivery 'ghost kitchens'

Iran War: Iran's power apparatus: an overview of the most important people

US President Donald Trump spoke of “new and more sensible” forces in Tehran in the wake of the Iran war. He received ridicule for this. Who are the new (and old) decision-makers?

Is Huawei’s new chip scaling law a true breakthrough, or mere hype?

Microchip development has always been a race to build smaller and smaller transistors – the fundamental components of chip circuits. Now China’s Huawei Technologies wants to change the game entirely. Faced with US tech export restrictions that block its access to the world’s most advanced chipmaking machinery, Huawei is proposing a fundamental shift in semiconductor progress: stop obsessing over how small the transistors are and start focusing on how fast data moves through the system. It is a..

Meteorological beginning of summer: What we can say about the summer - and what we can't

Heat stress, heavy rain, bathing weather? What the summer of 2026 will be like is on the minds of many. Experts expect more hot days - but precise forecasts remain difficult.

New beginning in personnel: Second restart in a year – Kubicki is supposed to save the FDP

Wolfgang Kubicki is not exactly a signal for the generational change in the FDP. But there are hardly any well-known liberals left. The 74-year-old wants to use his as party leader in the future.

+++ USA +++: US economy – billions in damage due to stop of international flights to “sanctuary cities”

Trump – “No longer interested” in Kennedy Center renovation +++ USA – Rare military contact with Cuba +++ Court – The name Trump is not allowed to appear on the Kennedy Center +++ The news blog.

‘Clear-eyed’ on China: the takeaways from Pete Hegseth’s Shangri-La speech

US Defence Secretary Pete Hegseth addressed the annual Shangri-La Dialogue in Singapore on Saturday morning, just two weeks after a summit between the presidents of China and the United States. The speech was expected to be a barometer of the summit’s outcomes between President Xi Jinping and his US counterpart Donald Trump. Here are some of the main points from Hegseth’s address. Tough on China, but less confrontational Hegseth referred to China’s “historic military build-up” and reaffirmed...

Shangri-La Dialogue in Singapore: Hegseth attacks Europe - and warns about China's hegemony

Sharp words to Europe, warnings about China: US Defense Minister Hegseth is calling for more military commitment from allies in Singapore - and stronger deterrence in the Indo-Pacific.

Trailing Stop Sell: When to use it?

I'm trying to understand the right strategy for setting sells with Trailing Stop. Since taxes would be owed on any sales, I'm currently not setting this for any stock I prefer to hold longer term, or ETFs, since I don't want to be in a situation where they go down enough to trigger, then I pay taxes, only to buy them back and not much lower than what they sold for. However other things like MU or SPCE seem like good candidates, since I don't expect to hold them for that long and they seem like t

President under criticism: Another court examines Trump's controversial tax settlement

Trump sued the US government over tax revelations - and reached an out-of-court settlement with his own attorney general that was favorable to him. Now the courts are getting involved.

Comment: FDP party conference – Kubicki, five percent and the unreasonable expectation for Merz

The Liberals are at a fork in the road. Do you orientate yourself more towards progressive role models like D66 or the Neos? Or do they focus on classic themes?

Stablecoins: Dimon attacks Coinbase boss Armstrong in the dispute over crypto law

Banks and the crypto industry are arguing in Washington over the regulation of stablecoins. The question of possible interest payments through crypto exchanges is particularly controversial.

Carcass off a Danish island: Decaying humpback whale is pulled ashore

The dead humpback whale has been lying off the Danish holiday island of Anholt for weeks - and is now smelling badly. Now the animal should be pulled ashore. What happens next?

Malaysia’s 3R catch-all risks turning every grievance into a threat

A recent controversy surrounding a surau (prayer hall) in Malaysia appeared straightforward at first. A resident of Taman Seraya, Selangor state, raised concerns about the noise and congestion, particularly during prayer times. Police subsequently investigated the complaint as an attempt to incite provocation and disrupt social harmony. The surau management’s escalation of the complaint to alleged harassment – and the subsequent police report – reflects the persistent challenge of managing...

Seasonal low: This is how cheap regional strawberries are at the moment

The season has started and harvesting is now taking place in all growing regions in the country. This has an impact on prices - they have now reached their lowest point of the season. What that means exactly.

Chip boom powers Hong Kong stock exchange at 40. Innovation, resilience set next stage

Stepping into the former trading hall in Exchange Square on Thursday was like walking through a doorway into the 1980s. Brokers, wearing the iconic red jackets of the period, stood alongside Cathay Pacific Airways flight attendants in retro uniforms, evoking memories of the hall before its closure. The special gong-striking ceremony in Central marked the 40th anniversary of the merger of Hong Kong’s four stock exchanges into the Stock Exchange of Hong Kong (SEHK). Cathay was the first company to

Hegseth praises Asian allies for 'burden-sharing,' calls out China's role in the region

Hegseth said that China cannot impose its hegemony on U.S. partners and allies in the region.

Rising costs in Singapore spur business migration as regional alternatives rise

Recent moves by companies such as Gardenia and H&M to shift some operations from Singapore across the Causeway have put the spotlight on Malaysia’s growing appeal as a more affordable base for businesses facing high costs and a tight labour market in the city state. But while the trend may look like an easy win for its neighbour – bringing investment, jobs and spillover opportunities – analysts say the gains could come with trade-offs, as an influx of firms drives up competition for skilled...