Finance news

‘Sleep with eyes open’: China woman’s bungled double eyelid surgery causes complications

A woman in eastern China has been left unable to sleep with her eyes shut and is constantly crying because of a bungled double eyelid operation she underwent six years ago. The woman, surnamed Wang, drew wide attention on mainland social media after she shared her legal disputes with the cosmetic clinic in late May. In June 2020, Wang went to Meixi Cosmetic Surgery Clinic in Suzhou, Jiangsu province, for a double eyelid surgery, which cost her 12,000 yuan (US$1,800), reported the Shanghai...

+++ Iran War +++: US military stops merchant ship on its way to Iran

Hegseth - Are ready for renewed attacks on Iran +++ Reports - No decision at Iran meeting in the White House +++ Hegseth: Are ready for renewed attacks on Iran +++ The news blog.

US reverses new rule on overseas applications for green cards

The Trump administration has walked back its announcement that non-citizens seeking permanent US residency, commonly called a green card, would need to return to their home country to apply, The New York Times reported. The Department of Homeland Security (DHS) told the newspaper on Friday that its policy announcement last week was not a requirement for all applicants, but would rather be implemented “on a case-by-case basis”. A Trump administration spokesman, Zach Kahler, said on May 22 that...

Ebola shows world unprepared for next pandemic, ex-US CDC head says

The world is not “well prepared” for the next pandemic, Tom Frieden, the former head of the Centres for Disease Control and Prevention said, citing the current response to the Ebola outbreak and cuts to US public health efforts. “This Ebola outbreak is not going to cause a pandemic, it’s not going to cause a significant risk to large numbers of Americans,” Frieden, the CEO of Resolve to Save Lives, said. “It’s a stress test, and it’s a stress test the world is not doing well at. I would say so..

China and Japan aren’t talking. Will their rare earth trade go quiet?

When China broke out one of its “big guns” in last year’s trade war with the US – an array of export controls on rare earth elements – it helped spur a temporary truce in the pitched conflict between the two economic superpowers. After Beijing’s announcement, many around the world expressed shock at the size and scope of China’s response to Washington’s sky-high tariffs. But for Japan, a squeeze on rare earth shipments was not so novel a concept. In 2010, following the collision of a Chinese...

SoftBank plans $88bn AI data hub in France as it expands beyond US

Japan, US, Philippines to hold September investment forum for Manila AI hub

America’s LNG Boom Is Real — But China Is Planning Beyond It

The Iran war has handed the United States a rare opportunity: a new dawn of energy dominance in an increasingly fractured world. With coordinated US-Israeli strikes disrupting the Strait of Hormuz from late February, roughly 20% of global LNG supply has been stripped from the market since early March. Prices have surged across Asia and Europe. And into that vacuum, American gas has flowed. The numbers speak for themselves. US LNG exports to Asia jumped sharply in April, with nearly a quarter of

Trump may cancel Freedom 250 concerts to give speech after artists pull out

US President Donald Trump said on Saturday ⁠that he was considering cancelling ⁠a planned series of concerts on ⁠Washington’s National Mall commemorating the nation’s 250th anniversary after a string of artists withdrew from the event, and replacing them with a speech and political-style rally instead. The concerts were planned as part of the larger Great American State Fair, ‌a 16-day event running from June 25 to July 10, 2026. Organisers said the fair, organised by the Freedom 250 group,...

AUKUS partners sign agreement on underwater drones, speed up sub plan

Australia will now forgo the purchase of a new build Virginia-class submarine and acquire another ex-US Navy boat instead.

US general holds rare meeting with Cuban military officials near Guantanamo Bay

The meeting is the first in recent memory by a head of U.S. Southern Command and comes amid growing concerns in Cuba of a possible U.S. military attack.

Impact of big IPO’s on Target Date Funds

I have been thinking about the impact of the big IPO’s - Space X, Anthropic and Open AI and the exposure that Target Date Funds will have post IPO to those public securities. Using Vanguard as the example, most of their Target Date Funds are invested in Vanguard Total Stock Market Fund. The percentage of ownership is dependent the actual Target Date (ie 2030 vs 2065). The Total Stock Market Fund is exactly that, meaning it owns all the public stocks of the US (within certain parameters). So on t

US agency goes back to the future to take on China’s Belt and Road Initiative

The US agency set up to counter China’s Belt and Road Initiative is blending national security with development finance to try to secure a critical minerals supply chain, according to analysts and officials. Created in 2019 during President Donald Trump’s first administration, the US International Development Finance Corporation (DFC) puts its money into private-led projects rather than those led by the state, as is often the case with China. The agency operates in more than 100 countries,...

HYS € accounts

Hi, I’m a US/FR national residing in the Uk. Most of my portfolio is in $ and £ but I now have a fair amount of € that I’m looking to find a smart way to invest. I prefer to keep the Euros rather than convert to GBP for diversification and because kids might go to uni in Europe, I might later try to buy a small property etc. I was trying to find the equivalent of a High-yield savings account which is readily available in the UK & US but the € accounts all seem to have dismal interest rates in co

Why are fund managers on opposite poles with SpaceX IPO

SpaceX is showing too much of boldness in their IPO with the ousted from US govt CEO Elon holding talks with Saudi Arabia’s Public Investment Fund for a deal. Seeing the situation in Middle East right now, it might make sense for them to invest outside the Middle East. And here we have Danish pension fund saying they are grossly overvalued. Why so much of a disconnect? submitted by /u/Away-Caterpillar9515 [link] [comments]

17 nations launch pact to protect vital undersea cables amid US, China absence

Seventeen countries have agreed to collaborate on defence strategies for critical marine infrastructure such as undersea cables, an effort that analysts warn may be undermined by the absence of superpower involvement. At the Shangri-La Dialogue in Singapore on Saturday, defence ministers and representatives from these countries attended the launch of the Guiding Principles for Underwater Infrastructure Defence Exchanges (Guide), which aims to bring countries together to explore potential areas..

Shangri-La Dialogue: Hegseth in Singapore: The US Secretary of Defense doesn't mention Taiwan at all

While he heavily criticizes Europe, the US defense secretary strikes a mild tone towards China at Asia's most important security conference. This is likely to cause unrest in Taipei.

Auto industry: New US law could endanger Mercedes business

The USA wants to limit Chinese influence in the auto industry. However, the planned law could also affect the German car manufacturer Mercedes.

Medium IQ strategy ex-US

Good morning! I now save the DBX0YH every month until my total US portfolio share does not exceed 50%. Who is taking part? submitted by /u/rfinanzen [link] [comments]

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

In Singapore, US Defense Secretary Hegseth calls for more military commitment from allies - and stronger deterrence in the Indo-Pacific.

US President: Another court examines Trump's controversial tax settlement

Trump sued over tax revelations – and reached a favorable out-of-court settlement with his own attorney general. Now the courts are getting involved.

US senator warns of Indo-Pacific risks as Hegseth stresses ‘quiet’ tactics

America’s latest defence strategy worryingly downgrades the importance of the Indo-Pacific, a US senator warned on Saturday, even as the Pentagon chief delivered a speech reassuring allies of commitment at a defence forum in Singapore. Tammy Duckworth of Illinois, a staunch critic of the US-Israeli war on Iran, told a media round table at the Shangri-La Dialogue that she was concerned the Trump administration was being distracted by conflict in other theatres that would dent commitment to the...

US man asserts if simple teacher and China farmer can grow a forest, world leaders can find peace

A retired American teacher is planning to travel to China in late summer for a reunion with a female farmer he assisted decades ago. In 1999, Ronald Sakolsky, then teaching English in China, was inspired by Inner Mongolian farmer Yin Yuzhen’s battle against desertification and donated US$5,000 to support her tree-planting efforts in the Maowusu Desert. This contribution enabled Yin to plant some of her earliest trees, sowing the seeds of a lasting friendship across continents. Recently, the two.

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

White House: US President Trump in excellent health +++ Trump: “No longer interested” in Kennedy Center renovation +++ USA: Rare military contact with Cuba +++ The news blog.

Hong Kong cuts emergency mobile alert activation time from an hour to 15 minutes

Hong Kong authorities have slashed the time needed to send emergency mobile alerts to residents from an hour to 15 minutes under a HK$150 million (US$19 million) system, while messages can now be tailored to specific districts, the security chief has revealed. A hearing session into the deadly Wang Fuk Court fire in April had exposed the lengthy time needed to trigger the alert. But security chief Chris Tang Ping-keung on Saturday stopped short of specifying the types of incidents, such as major

Morning Briefing Plus: Donald Trump on a repair tour

The White House is launching an “everything under control” offensive, the US President is supposedly in good health – and Germany is being kept at a distance.

How US defence chief Hegseth softened his tone towards China after Xi-Trump meeting

US Defence Secretary Pete Hegseth softened his tone towards China in his speech on Saturday to the Shangri-La defence forum compared with the previous year. Speaking two weeks after the meeting between Presidents Donald Trump and Xi Jinping in Beijing, Hegseth also adopted a cautious stance on US arms sales to Taiwan when questioned about the highly sensitive issue and did not mention the island at all in his speech. Although he still criticised China’s military build-up, unlike last year he did

US citizens in DE: PFIC problems in the retirement savings account?

Is there already information as to whether the PFIC problem for US citizens in Germany also exists with the new retirement savings account? I'm pessimistic at first and assume that nothing will change, so that US citizens will still not be able to save UCITS ETFs cost-effectively DYI-like? Would the state “standard product” be possible? I realize that the law is still very new, but surely there are people who have been dealing with it for a long time? submitted by /u/101testing

Stablecoins: Dimon attacks Coinbase boss: “He just says crap”

The head of the largest US bank, JP Morgan Chase, is publicly arguing with the CEO of the crypto exchange Coinbase over the regulation of stablecoins.

US seeks 'stable equilibrium' against China hegemony, Hegseth says