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South China Morning Post Business50d05/23war-conflict · 2/5

India raises diesel, petrol prices for third time in 8 days, amid tense US-Iran ceasefire

India’s state-run refiners raised retail prices again of diesel and petrol on Saturday to help processors cut losses on discounted sales and to control a spike in demand. Prices of both fuels rose by nearly one per cent, or less than 1 rupee, with petrol now sold at 99.51 rupees (US$1.0399) and diesel at 92.49 rupees per litre in New Delhi, according to the website of Indian Oil Corporation, the country’s largest fuel retailer. Prices vary across India due to local taxes. Smaller peers Bharat...

unclassifiedchina · asia · iran
South China Morning Post Business50d05/23war-conflict · 2/5

Is China building the world’s largest naval support ship?

China appears to be close to launching the world’s largest naval support ship. On Thursday, the China State Shipbuilding Corporation released a picture of one of its shipyards on social media as part of a message marking a new Chinese solar term, which showed a massive hull in a dry dock in the background. The photo prompted speculation among military observers that the hull was an auxiliary ship and triggered a debate about the future logistical capabilities of the People’s Liberation Army...

unclassifiedchina · asia
Reddit r/eupersonalfinance50d05/23

Is there some way of investing in individual US stocks using an EU domiciled financial instrument?

Holding US stocks directly as an EU citizen/resident means paying 30% dividend tax + additional financial exposure to US estate tax. At the same time, ETFs are too broad and don't allow targeted investments. Example: I want to hold NVIDIA but not TSLA. Is there some way to do this using EU domiciled products? submitted by /u/ineverfinishcake [link] [comments]

Socialunclassifiedeurope
South China Morning Post Business50d05/23

New Zealand to invest almost US$1 billion in drones, ships to protect maritime security

New Zealand intends to spend about NZ$1.6 billion (US$936 million) on drones, ship maintenance and naval upgrades to bolster the island nation’s maritime security at a time of increasing concern about supply routes. Defence Minister Chris Penk said on Saturday that the government would invest in two types of drones: one for the southwest Pacific to provide long-duration intelligence, surveillance and reconnaissance, and the other a polar-capable vehicle that could operate from naval vessels in..

unclassifiedchina · asia · usa
South China Morning Post Business50d05/23

Hong Kong’s astronaut to gather data using observatory created by local teams

Hong Kong’s first astronaut will operate a locally developed observatory that monitors key sources of greenhouse gas emissions on Earth during her time aboard the Tiangong space station, the research team behind the project has said. The imaging equipment could pinpoint the location and intensity of emissions, providing data that could be used to reduce carbon sources in the Greater Bay Area and elsewhere in mainland China, Professor Li Jia of Lingnan University said on Saturday. Payload...

unclassifiedchina · asia
Reddit r/investing50d05/23

Are any of these worth investing in at this point?

I've been researching a few high-growth/speculative tech stocks recently and wanted to get some opinions from people here who follow the sector more closely. I currently have investments in the FTSE All-World (Acc) but want to diversifya bit more. The main companies I've been looking at are: lonQ (10NQ) D-Wave Quantum (QBTS) Palantir (PLTR) Broadcom (AVGO) TSMC (TSM) I'm especially interested in the long-term potential of quantum computing companies like lonQ and D-Wave. understand they're still

Socialunclassifiedusa · russia · uk
South China Morning Post Business51d05/23war-conflict · 2/5

Pakistani Prime Minister Shehbaz Sharif visits China amid ongoing Middle East peace drive

Pakistani Prime Minister Shehbaz Sharif is visiting China as the country seeks support for its efforts to mediate in the conflict between Iran and the United States. The visit also coincides with the 75th anniversary of the establishment of formal diplomatic ties between the two countries, which are expected to use the occasion to upgrade their already close relationship. One Chinese analyst said Beijing was willing to offer its support for the peace efforts – and also help resolve Pakistan’s...

unclassifiedchina · asia · usa
South China Morning Post Business51d05/23

Ebola spreads in eastern Congo as contact tracing falters

Ebola is spreading faster than responders can track it in eastern Congo, where health workers managed to follow up with barely one in five identified contacts in a single day. Authorities in the Democratic Republic of Congo (DRC) reported 83 confirmed infections, 746 suspected cases and 1,603 identified contacts as of May 21, according to the health ministry. Yet health workers were able to follow up with only 342 contacts that day – about 21 per cent of the total under monitoring – according to

unclassifiedchina · asia
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