Finance news

Xi Jinping meets foreign leaders: tracker, May 2026

Chinese President Xi Jinping hosted the leaders of Russia, Serbia, Tajikistan and the US during May, reflecting Beijing’s increasing importance on the global stage. In total, 15 national leaders have visited the Chinese capital this year, also including the prime ministers of Canada, Spain and the UK, and the chancellor of Germany. Xi’s May summit with US President Donald Trump could be the first of four meetings between the pair this year. Trump has invited Xi to the White House in late...

South African Port Authority Inks Deal for Regasification Project

Transnet National Ports Authority executed a 25-year terminal agreement with Ukwanda LNG for a regasification project at the Port of Ngqura.

Norway Campaigning for Withdrawal of EU Arctic Drilling Pause

Norway is putting pressure on the European Union to remove a moratorium on new oil and gas drilling in the Arctic where almost two-thirds of its petroleum resources lie.

Defensibility and resilience: Security concerns everyone

The defense industry has become socially acceptable. There's nothing to be happy about, but dealing with security issues is essential.

Iran, US Tentatively Agree to Renew Truce for 60 Days

The US and Iran have reached a tentative deal to extend a ceasefire by 60 days and launch further talks on Tehran's nuclear program, a person with knowledge of the matter said.

Global Prosperity Summit 2026 reinforces Hong Kong’s strategic importance in advancing Apec cooperation and global governance

The Global Prosperity Summit 2026 (GPS 2026) highlighted Hong Kong’s expanding role in international and regional cooperation both within China’s Global Governance Initiative as well as Apec, ahead of a meeting of the bloc’s economic leaders in neighbouring Shenzhen later this year. The two-day event, which ran from May 19 to 20, brought together global leaders and renowned experts in Hong Kong to exchange insights on issues affecting the city’s future and global prosperity. Ambassador Han...

Israel, Russia hit back after being added to UN blacklist for sexual violence in conflicts

An annual United Nations report documenting sexual violence in conflicts worldwide has included Israeli forces for the first time since the review began more than 15 years ago for their treatment of Palestinian detainees. Israel denies the accusations. The 35-page report – shared by the Israeli mission to the UN late Thursday ahead of its expected release on Friday – blacklists 77 government and non-government parties in a dozen countries suspected of committing or being responsible for sexual..

Investment strategy for the next 5-8 years

I would like to sense check my investment strategy for the next 6-8 years, considering we may have changing circumstances within that time horizon. Quick facts: 28F and 29M, both EU citizens, living in NL Own house at a mortgage rate of 3.66% (house value minus remaining mortgage = ~+135k EUR) Net income 7.1k EUR per month Leftover after expenses ~3.2k EUR per month Investing ~1.2k EUR per month, 100% VWCE (the rest is going towards various savings accounts for travel, wedding, etc) 21k EUR inve

US price-fixing probe on Singaporean tycoon signals consistent legal approach

The US indictment of Singapore-based shipping tycoon Teo Siong Seng in a price-fixing scandal has raised questions about Washington’s determination to pursue prominent figures from friendly countries, though legal experts say the case conforms to established American antitrust practice. Teo, the 71-year-old chief executive of Hong Kong company Singamas Container Holdings, has several prominent executive roles, including sitting as chair of the Singapore Business Federation and on the...

Chemical industry: Only the big ones benefit from war

Breathing space for the chemical industry: demand is increasing because China cannot deliver due to the war. But only a few large companies benefit from this, says the industry association VCI. That is not a turning point.

Rising Labor Costs: How the Welfare State Endangers Social Security

The economy is stagnating, but wages and social spending are rising by more than four percent per year. This can't last for long - it's a recipe for rising unemployment.

Johanna Hey in an interview: “The coalition squandered the liberation strike”

In an interview with the F.A.Z., tax lawyer Johanna Hey explains why corporate tax relief is unnecessarily expensive, what can easily be eliminated from tax law and why Klingbeil is not a good finance minister.

Drone Hits Apartment Building In Romania, Sparking Fears Of Russian Attack On NATO Country

A drone crashed into a 10th-floor apartment in Galați, Romania, sparking fears of a Russian attack on NATO soil. The impact caused a fire and left two residents injured, though they managed to evacuate before emergency crews arrived. Authorities say the fire is now extinguished and no other drones have been detected nearby. submitted by /u/Aware_Apartment_8959 [link] [comments]

Capitals cry foul as von der Leyen raids aid budget for trade deals

Concerns over the future use of development funds emerged during budget talks in Brussels last week

Blue Origin: Bezos rocket explodes during test before launch

The heavy-lift rocket “New Glenn” from Amazon founder Bezos was supposed to take off for the fourth time. But an explosion occurred during a test in Florida - no one was injured, the cause is still unclear.

SpaceX - Solactive Index

The index (among others but not all) that WEBN is following is changing the rules for "Mega IPOs" the other may be following soon, you should read the pdf below. This rules will be effective date June 30th, 2026. So SpaceX will be probably added in the next quarterly rebalance (August). So about 54 days (weekends included) after SpaceX IPO. "2.2 ORDINARY ADJUSTMENT The composition of the INDICES is adjusted at the close of the first Wednesday in February, May, August, and November. The compositi

What stock most closely matches the price of oil?

Which stock do you think most closely matches the price of oil, for purposes of speculating on the Strait of Hormuz crisis? I've found it surprisingly hard to get a good answer on this. I can't do futures, and USO is not really that linked to oil prices. submitted by /u/CollarFlat6949 [link] [comments]

ECB appoints three Directors General

Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher

The price of physical Brent oil cargoes will spike to $150 to $160 per barrel once inventories hit all-time lows, Exxon executive Neil Chapman said.

Index Funds Shortcomings with 2026 IPOs

Hey all, I've been hearing quite a bit about how some IPOs are trying to take advantage of the passive nature of index funds (SpaceX in particular) by essentially being listed on the index and forcing index funds to buy up stock at extremely high valuations. Ben Felix explains it better than me on YouTube but I can't post links unfortunately. The main index that this affects is the Nasdaq 100. I know that VWCE and WEBN, the two favourites on this sub track the FTSE and Solactive GBS Global Marke

which divided ETF do you use?

hi everyone! I was looking for a dividend focused etf and I would like to engage some discussion about that. what dividend etf are you using? why did you choose this specific one? here something that cough my attention (not advocating for those, just seemed interesting): \\-First trust global equity income All countries, all cap, USA now at 16%, basically flat country allocation (many countries around 4-5%), high EUR exposure. are eligible stocks with divided higher than 150% of the universe div

Crude Mixed on Iran Truce Talks

Traders balanced Iran deal optimism against falling US crude inventories.

[Tagesschau] Real wages are rising again - why inflation is becoming a danger

Is this supposed to be a joke? In which world have real wages increased annually? submitted by /u/SirCornFlak3 [link] [comments]

Epic Fury highlighted Space Force needs for distributed ops, EW sites

“We’ve seen in Operation Epic Fury, for the first time, that our space capabilities have been targeted and destroyed. We expect that to happen more,” Brig. Gen. Christopher Fernengel said today.

Vanguard is retiring ETF Alerts?!?

I just called Vanguard to ask why I never recieved an email alert for an ETF that went below the price and volume threshold I set for it, and to ask if it's possible to setup text alerts as well only to find out they're retiring the entire service soon?!? WTF?!? The lady I spoke with said it will end around June 8th... I rely on that service when I'm away from my computer and not checking yahoo!finance 24/7... This is such a slap in the face as my family has used Vanguard for decades. And for re

Digital Sovereignty: The Difficult Move Away from the American Cloud

European alternatives to the offerings of US tech companies have been around for years - but they are hardly used by local institutions. But now a rethink is beginning.

BAE Systems wins Army’s Soft Kill APS award, with first phase valued at $20 million

The system uses BAE’s Rapid Optical Observation and Kill (ROOK) program, which takes down threats by “confusing,” or jamming missile systems or drones.

US Army turns resupply drone into rocket launcher in new test

Though the drone was designed to haul supplies across the battlefield, the Army recently tried turning it into a rocket launcher.

Distribution of financial assets in the group of 35-44 year old Germans - percentiles p95 to p99.8 updated

A year ago I posted a high-resolution inter- and extrapolation of the distribution of total assets and pure financial assets in the group of 35-44 year old Germans (1, see below). The new BCG study (2, see below), which appeared 2 days ago, makes improved curve fitting possible, as it precisely sets a percentile point at EUR 85 million in assets. In addition, in the upper area there is a clear indication of the value of the integrals between p95 and p99 and p99 and p99.9

Uber president says AI spending is getting ‘harder to justify’

After reportedly exhausting its annual AI budget just four months into 2026, Uber is now questioning whether it’s actually seeing meaningful returns on its investments. In an interview with Rapid Response, Uber president and chief operating officer Andrew Macdonald said the company isn’t seeing a connection between rising token consumption for Claude Code and more useful features being delivered to consumers. ... “We’re going to have to start talking about [AI] token consumption and the associat