Finance news

◇ unclassifiedchina · asia · usa

AI and economy fuel stress for 40% of DSE candidates: Hong Kong youth group poll

Fewer Hong Kong university entrance exam candidates reported high stress levels compared with last year, but nearly 40 per cent cited artificial intelligence (AI) and the economic outlook as their top sources of stress, a survey has found. Releasing the findings of its “Further Education Planning Survey” on Thursday, the Hong Kong Federation of Youth Groups attributed the pressure to concerns that AI would increasingly replace entry-level jobs. The poll surveyed 1,241 secondary students,...

◇ unclassifiedgermany · europe · usa

Armament: Germany buys Tomahawk cruise missiles from the USA

The US government has rejected the agreed deployment of Tomahawk cruise missiles under Trump. Now there is an agreement: Germany is buying the weapons system.

State parliament: Palmer should support Özdemir in reducing bureaucracy

Will Boris Palmer become minister in Baden-Württemberg, will he have a different role or will he simply remain mayor of Tübingen? There has been a lot of speculation about this. Now there is a decision.

◇ unclassifiedchina · asia · taiwan

Chinese AI labs pursue custom chips to lower costs but heavy upfront investment a risk

Chinese AI labs are increasingly pursuing proprietary chips, mirroring a global trend towards software-hardware integration, but industry insiders and analysts warn that the strategy carries risk due to the massive upfront investments required. “The core motivation for choosing in-house chips lies in pursuing [greater] hardware-software synergy and lowering long-term operating costs,” said Arisa Liu, chief director and research fellow at Taiwan Industry Economics Services. Paul Triolo, a partner

◇ unclassifiedchina · asia

Hong Kong corruption watchdog charges 3 over HK$1.3 million elderly care voucher fraud

Hong Kong’s anti-corruption watchdog has charged three people, including two private care home operators, over an alleged HK$1.3 million fraud involving an elderly care voucher scheme. The Independent Commission Against Corruption (ICAC) said on Thursday that the trio allegedly inflated service records under the Social Welfare Department’s Community Care Service Voucher Scheme for the Elderly, overstating carers’ service hours by more than 5,000 hours. The scheme provides elderly residents with.

◇ unclassifiedgermany · europe · russia

Drone war: Oil facilities in Russia under attack again

Russia's oil industry is not calming down. In its defense against Moscow's invasion, Ukraine is relying on drone attacks against strategic targets in the hinterland - and Russia's air defense is powerless.

◇ unclassifiedgermany · europe · uk

Tanks and transporters: Billion acquisition: Deutz wants to buy arms company FFG

The engine manufacturer Deutz is on a buying spree, announcing one acquisition after another. The company is now making a major acquisition to strengthen its defense business.

◇ unclassifiedgermany · europe · uk

Well-known plush toy brand: Authorities allow Ravensburger to take over Steiff

Whether cuddly bears or clothes for the little ones: products from the traditional company Steiff are an integral part of many children's rooms. Now there is a change of ownership.

6d07/09⚠ war-conflict · 2/5

War in the Middle East: Israel: Troops remain in southern Lebanon for the time being

The positions ahead of new negotiations in Rome remain hardened. Israel is calling for the Hezbollah militia to be disarmed and the Lebanese government is calling for troop withdrawals from so-called pilot zones.

◇ unclassifiedgermany · europe · israel

+++ Federal policy +++: According to Merz, pensions should be rebalanced

Merz: Decision on the health savings package on Friday +++ Merz: “The result of the NATO summit exceeded my expectations” +++ The news blog.

6d07/09⚠ coups-regime · 1/5

ETF’s VS. individual stocks

Buy VOO and touch grass yes! Totally get it…… DCA is a great investment strategy, but does it really outperform choosing the right stocks year after year? How do I balance my long term and my short term stock picking? At this point, put majority of my money into index’s and choose a couple stocks on the side? Need advice on my portfolio…. Am I gambling still? submitted by /u/EquityEnigma [link] [comments]

Social◇ unclassifiedsocial-signal

◇ unclassifiedgermany · europe · usa

+++ Iran War +++: Iran reports 14 deaths from US attacks

Iran's parliamentary speaker warns USA of further shelling +++ Kuwait under attack again - sirens wailing in Bahrain too +++ The news blog.

Social◇ unclassifiedgermany

Prankster or something

submitted by /u/Nkgsporty [link] [comments]

Electronics retail: Saturn showrooms planned in MediaMarkt branches

The once widespread Saturn retail chain has shrunk to 27 branches. However, the parent company Ceconomy does not want to give up the brand completely.

Consequences of the heat: RKI estimate: Thousands of deaths due to heat wave at the end of June

At the end of June, temperatures in Germany rose to over 40 degrees in many places. The consequences of the heat wave are also reflected in the number of deaths.

◇ unclassifiedchina · asia · usa

Hong Kong man pleads guilty to subversive promotion of pro-Taiwan party

A Hong Kong man has pleaded guilty to inciting subversion under the national security law for promoting a pro-Taiwan party and disseminating anti-Communist messages in 2024 and last year. The District Court heard on Thursday that Chan Ho-hin, a 23-year-old waiter, had proclaimed that the Taiwanese government was the only legitimate regime in the country, and called on Hongkongers to support and join the Revive the Republic of China Freedom Party in Taiwan through social media, leaflets and...

◇ unclassifiedchina · asia

Over 900 Hong Kong restaurants welcome dogs on day 1 of pet-licensing scheme

More than 900 restaurants and eateries in Hong Kong opened their doors to customers with dogs on the first day of a scheme allowing canines into restaurants, marking the end of a 30-year ban enacted to protect against rabies. Chinese restaurants, fast food chains and coffee shops on Thursday welcomed their first groups of customers with dogs, who flocked to eateries across the city to dine with their beloved pets. Under the Food and Environmental Hygiene Department’s scheme, 940 approved...

Armament: Billion dollar deal: Deutz takes over defense technology company and expands defense business

With Flensburger Fahrzeugbau Gesellschaft, the engine manufacturer secures access to the complete military vehicle business. The purchase price is in the billions

Dangers from summer heat: Health risk: Recognize heat emergencies - and act

High temperatures and blazing sun push the body to its limits and can even be fatal. Who is particularly at risk, what warning signs everyone should know - and what to do then.

Economic situation: German exports rise for the fourth month in a row

Despite crises and competition, German companies can assert themselves on international markets. Where demand is particularly high.

6d07/09⚠ war-conflict · 2/5

World trade: Despite the Iran war: exports grow for the fourth month in a row

A ray of hope for the German economy: German exports increased again in May - mainly thanks to strong US business. However, the newly flared Iran war could become a risk.

◇ unclassifiedgermany · europe · iran

◇ unclassifiedchina · asia · usa

South Korea set to power US fight for naval dominance amid rising geopolitical tensions

The United States is turning to South Korea’s world-leading shipbuilding industry to refresh its ageing naval fleet, a move set to expand the bilateral alliance beyond security into defence manufacturing, technology and industrial production. The approach reflects Washington’s efforts to address long-standing problems in its own industry, according to analysts – chronic construction delays, cost overruns, shortages of skilled workers and supply chain constraints among them. It also signals a...

◇ unclassifiedgermany · europe · china

Auto industry: Porsche sales plummet in the first half of the year – 911s in demand

Only 14,501 Porsche cars have been sold in China so far this year - a decline of a third. But things are currently not going well for the VW subsidiary in other markets either.

◇ unclassifiedgermany · europe · china

Crisis in China: Porsche sales continue to decline - these are the reasons

Sales figures at Porsche continue to deteriorate. Especially in China. But the luxurious sports and off-road vehicles are no longer so well received in other markets either.

◇ unclassifiedmiddle-east · russia · usa

Hormuz Tanker Traffic Grinds to a Halt After U.S.-Iran Escalation

What was a flood of oil and gas leaving the Strait of Hormuz two weeks ago has now ground to a halt as the United States and Iran began firing missiles again and President Trump declared the ceasefire over, calling the Iranian leadership “scum”, “liars”, and “cheats”. Bloomberg reports that, earlier today, there was only one tanker moving along the waterway, and it was a sanctioned very large crude carrier that passed along the Iran-controlled route along with an Iranian container ship. Meanwhil

Social◇ unclassifiedgermany · europe · australia

Income tax should be abolished.

I think it is a fundamental flaw in our tax system that people already have to pay income tax even though they are still far from living financially without worries. In my opinion, the basic tax allowance should therefore be increased to at least 50,000 euros per year or income tax should even be abolished completely. Anyone who earns less than 50,000 euros should be allowed to keep all of their work. Only beyond this should the state receive income

◇ unclassifiedmiddle-east · usa · iran

US Strikes Iran for 2nd Straight Day

U.S. Central Command said its forces completed another round of strikes 'to further degrade' Tehran's ability to attack commercial shipping in the Strait of Hormuz.

◇ unclassifiedmiddle-east · usa

TotalEnergies Ships First LNG Cargo from Mexican Pacific Coast to Asia

'TotalEnergies will be the sole offtaker of LNG during the ramp-up phase'.