Finance news

Hendrik Wüst: “What the traffic lights did was almost a threat to democracy”

North Rhine-Westphalia's Prime Minister counters criticism of the black-red reform package, comments on the "Chancellor exchange debate" - and says why things are going better in North Rhine-Westphalia than in Berlin.

◇ unclassifiedchina · asia

8 Hong Kong teens arrested over taking cash from gang to splash paint on doors

Eight teenagers have been arrested after allegedly being recruited via social media by a crime syndicate to splash paint on the doors of flats and businesses across Hong Kong to intimidate debtors. The four boys and four girls were apprehended alongside a 24-year-old man on suspicion of criminal damage and conspiracy to commit criminal damage as part of a citywide police operation on Tuesday and Wednesday. The force said on Thursday that a crime syndicate had used popular social media platforms.

Study financing: Bafög increase is postponed by half a year

The Bafög increases will not come in the winter semester as planned, but half a year later. How the government justifies the postponement.

Looking for investors: First purchase offers for car logistics company Duvenbeck

The sales plans for the ailing car logistics company Duvenbeck are becoming concrete: a preliminary decision should be made in late summer.

6d07/09⚠ coups-regime · 3/5

China child influencers slammed for ‘distorting values’ in staged online videos

A three-year-old girl is fed extensively by her parents leading her to weigh as much as 35kg from eating hearty meals in front of a camera as a live-streamer. A young boy and a girl of his age are presented as a couple and perform intimate exchanges onscreen. Another young boy is filmed eating live worms and snails. These unsettling scenes are from viral videos featuring so-called online celebrity children, a group which emerged years ago but has triggered controversy in the meantime. In early..

◇ unclassifiedchina · asia · usa

◇ unclassifiedchina · asia

Bonnie Tyler, singer of epic ‘Total Eclipse of the Heart’ dies at 75

Bonnie Tyler, the gravelly voiced, Grammy-nominated Welsh pop star best known for singing the chart-topping power ballad “Total Eclipse of the Heart” in 1983 and seeing new generations succumb to its bombastic charms during solar and lunar eclipses, has died. She was 75. Tyler died “unexpectedly” in a hospital in Portugal where she was being treated for an illness, her family said on Thursday in a statement on her website. She was hospitalised in May in Faro, where she had a home, for emergency.

Food: Discounter Netto limits egg purchases to two packs

Because not enough goods are being delivered, the retail chain is restricting the sale of eggs. Which markets are affected.

◇ unclassifiedgermany · europe · israel

NATO summit: “Disturbs balance of power”: Trump’s rapprochement with Erdogan puts Israel in trouble

At the NATO summit in Ankara, Trump hinted that Turkey could soon receive American F-35 fighter jets. This would mean crossing a red line for Israel.

Social◇ unclassifiedeurope · uk

€305k in one taxable account, thinking about going part time. Am I actually there yet?

I'm in the EU(38M) so there's no 401k, no Roth, no IRA, not even a UK ISA. No tax sheltered retirement wrapper at all. It's all just a plain taxable brokerage at IBKR. Makes the math cleaner but also scarier, since nothing is locked away, it's one account I could nuke any day I lose my mind. My numbers (I'm single): Net worth: ~€305k VWCE (FTSE All-World, accumulating): €230k AGGH (global bonds): €40k P2P: ~€10k Cash buffer: €25k, about a year of expenses No property, I rent a 1 bed at ~€750/mo

◇ unclassifiedgermany · europe · usa

Across the country: saber rattling before the big VW showdown

In the afternoon, the supervisory board will decide on tens of thousands of jobs. IG Metall is warming up to a dispute that is likely to keep the country in suspense for a long time.

University: Bafög increase postponed by half a year

After much back and forth, there is certainty about Bafög: for some recipients, increases will not come as planned in the winter semester, but half a year later.

+++ Football World Cup 2026 +++: Unlike Balogun: Fifa rejects France's application because of Olise

Balogun case: Trump's World Cup representative takes action against the referee +++ Next Belgium controversy at the World Cup +++ Curfew in Switzerland partially lifted for the quarter-finals +++ The World Cup blog.

Are German companies leaving the country?

Should I stay or should I go? Given Germany's high cost and sluggish growth, some business leaders are mulling relocating, or at least investing abroad. DW has a look at the numbers.

EU Commission: How the EU could change banking rules

The EU Commission is planning relief for large and small banks. A Brussels draft describes numerous measures. These are the details.

◇ unclassifiedgermany · europe · usa

SK Hynix: Mega IPO in New York will be a test for all AI stocks

The memory chip provider SK Hynix raises around 28 billion dollars on the Nasdaq - and goes from being a bankrupt candidate to an indicator for the global chip industry.

Extreme weather: RKI assumes more than 5,000 deaths from heat waves in Germany

The heat period in June was exceptionally strong and caused record temperatures. The Greens are calling for more air conditioning for care facilities, hospitals and schools.

◇ unclassifiedchina · asia · usa

Xiaomi preps for fierce EV race with new SUV line, long-range battery tech

Xiaomi, the smartphone vendor that has become one of Tesla’s biggest challengers in mainland China after entering the electric vehicle (EV) market, has doubled down on research and development to combat a slowdown in domestic sales. The Beijing-based tech giant announced on Thursday it would assemble and sell models under a new sport-utility vehicle (SUV) line known as Sky Nomad, a product range analysts said would be likely to include extended-range battery technology to lure consumers away...

+++ Federal policy +++: Part of the Bafög reform is postponed

According to Merz, pensions should be rebalanced +++ The decision on the health savings package will probably come on Friday +++ Merz: “The result of the NATO summit exceeded my expectations” +++ The news blog.

Twitter: Judge approves controversial Musk deal with stock market regulator

Elon Musk only has to pay a fraction of the required fine in the Twitter deal - and the money doesn't even go to the affected investors. What's behind the questionable comparison.

PanzerGetriebe: Renk is benefiting more and more from the demand for armaments

The order backlog is at an all-time high of more than seven billion euros. CEO Alexander Sagel is now expanding the business with takeovers.

◇ unclassifiedchina · asia · korea

North Korea’s premier heads to China for defence treaty anniversary as allies extend thaw

North Korean Premier Pak Thae-song will arrive in China on Friday for a three-day trip to mark the anniversary of a friendship treaty between the two countries, in another sign of improving ties between the two traditional allies. This year is the 65th anniversary of the signing of the China-North Korea Treaty of Friendship, Cooperation, and Mutual Assistance, Beijing’s only formal defence pact, and Pak will be at the head of a party and government delegation. “China and North Korea are...

◇ unclassifiedmiddle-east · russia · usa

Oil Price Surge Shows Markets Were Too Relaxed About Iran Deal

Wednesday’s jump in oil prices to a two-week high suggests that market participants were too complacent about the U.S.-Iran ‘deal to make a deal’ and that the ceasefire would hold and oil flows through the Strait of Hormuz would only increase, analysts at ING said on Thursday. Oil prices surged by over 5% on Wednesday, gaining 7% at one point to a two-week high, after the escalation in the region. The Iranian attacks on three commercial ships on Tuesday, including an oil tanker and an LNG carrie

◇ unclassifiedgermany · europe · russia

+++ Ukraine War +++: Ukrainian Air Force reports Russian attacks

Melnyk: Trump's patriot assurance has a great signal effect +++ Oil facilities in Russia under attack again +++ Ukraine: Twelve Russian tankers attacked in the Sea of Azov +++ The news blog.