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South China Morning Post Business52d05/23⚠ war-conflict · 2/5

Rubio renews US ties with India after Trump’s China visit

US Secretary of State Marco Rubio on Saturday called India a natural partner and invited Prime Minister Narendra Modi to Washington, turning the page at least rhetorically on friction despite new-found US warmth towards China. One week after joining US President Donald Trump on a state visit to Beijing, Rubio – visiting both Asian powers for the first time – flew to New Delhi and met Modi for more than an hour, inviting the premier to visit the White House soon. “The world’s oldest democracy in.

◇ unclassifiedchina · asia · usa
South China Morning Post Business52d05/23⚠ shipping-routes · 2/5

Trump says Iran deal and opening of Strait of Hormuz are ‘largely negotiated’

US President Donald Trump said on Saturday that a deal with Iran, including opening the Strait of Hormuz, has been “largely negotiated” after calls with Israel and other allies in the region. “Final aspects and details of the Deal are currently being discussed, and will be announced shortly,” Trump said on social media, with no details on timing. He said he had spoken with leaders from Saudi Arabia, the United Arab Emirates, Qatar, Pakistan, Turkey, Egypt, Jordan and Bahrain, and separately with

◇ unclassifiedchina · asia · saudi-arabia
South China Morning Post Business52d05/23

Vance and Rubio emerge as early contenders to inherit Trump’s Republican Party

An early glimpse of the battle to succeed US President Donald Trump atop the Republican ticket played out last week in classic Trumpian fashion when Vice-President J.D. Vance was temporarily demoted to play press secretary. His hour-long spell fielding questions from the White House “lion’s den” press corps included statements chiding the media and the obligatory denial for ambitious politicians. “This is crazy. You guys have got to behave yourself,” he told reporters, before adding: “I’m not a.

◇ unclassifiedchina · asia · usa
South China Morning Post Business52d05/23⚠ war-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
Reddit r/eupersonalfinance52d05/23

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]

Social◇ unclassifiedeurope
South China Morning Post Business52d05/23

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 Business52d05/23

Hong Kong’s justice department rejects ‘despicable’ claims targeting prosecutors

Hong Kong’s justice department has rejected online accusations about the newly promoted public prosecutions director and a colleague, labelling the allegations “despicable behaviour” and an attempt to “defame public officers”. In a statement on Saturday, the department said it had referred the case to law enforcement agencies for further investigation, vowing to “severely punish lawbreakers in accordance with the law”. US-based Hong Kong fugitive activist Frances Hui Wing-ting has accused the...

◇ unclassifiedchina · asia · usa
South China Morning Post Business52d05/23

Pope Leo urges end to pollution, criticises profits earned

Pope Leo on Saturday called out companies who seek “dizzying” profits at the cost of environmental pollution, on a visit to an area in Italy known as a hotbed for illegal dumping of toxic waste. On a visit to Acerra, ‌about 220 km (137 miles) south of Rome, the first US pope urged the world to “reject temptations of power and enrichment linked to practices that pollute the land, water, air, and social coexistence”. Leo said he wanted to come to the area near Naples known as the “Land of Fires” –

◇ unclassifiedchina · asia
South China Morning Post Business52d05/23⚠ war-conflict · 2/5

Why the largest-ever US-Philippine drill, and Japan’s role in it, is making China uneasy

A US and Philippine-led military drill seen as targeting China grew this year into the largest yet, prompting Chinese experts to warn that the annual event will exacerbate regional instability amid heightened tensions in the Indo-Pacific. The decades-old drill called Balikatan, which means shoulder to shoulder, reached record highs in terms of scale, scope of participation and training complexity this year, according to a report published by the South China Sea Strategic Situation Probing...

◇ unclassifiedchina · asia · japan
Reddit r/eupersonalfinance52d05/23

Shorting Stocks CFD, incur little or no overnight holding cost ?

Recently, I try demo accounts in many CFD Stock Broker in UK and Europe.. I found that some broker charge little or none for holding short stock cfd position overnight.. While in the real US stock exchange u need to pay interest from 5%-20% for holding short position.. How can CFD broker provide this kind of too-good-to-be-true trade ? Where they route the trade ? What exchange ? Who take the other trade ? Supposedly if a client is a good value investor, or hedge funds, he can become very profit

Social◇ unclassifiedeurope · uk
South China Morning Post Business52d05/23⚠ war-conflict · 3/5

As France tries to reset relations with Africa, China’s influence looms large

France has committed €23 billion (US$26.7 billion) to Africa’s private sector in a bid to counter Chinese dominance and rebuild its influence on the continent. Speaking at the Africa Forward Summit in Nairobi earlier this month, President Emmanuel Macron pitched the investment as a “jolt” to reset relations, positioning Europe as a partner for Africa’s “strategic autonomy” as the geopolitical race with Beijing heats up. The move marks a major shift as Paris tries to win over anglophone countries

◇ unclassifiedchina · asia · usa
South China Morning Post Business52d05/23⚠ war-conflict · 3/5

Israel thrusts reluctant UAE into open over defence ties

For months, the United Arab Emirates had denied Iran’s accusations that it was in league with Israeli Prime Minister Benjamin Netanyahu or hosting his country’s military personnel. Then, US ambassador to Israel Mick Huckabee handed Tehran a propaganda gift and Abu Dhabi a diplomatic headache all in a single sentence. Israel sent Iron Dome air defence batteries to the UAE amid the ongoing war on Iran to help protect it from Iranian attacks, Huckabee confirmed at a conference in Tel Aviv on May...

◇ unclassifiedchina · asia · usa
Reddit r/geopolitics52d05/23⚠ war-conflict · 1/5

Why Rubio’s India Visit Matters to Both Washington and Beijing

Marco Rubio’s India visit comes as he joins the Quad foreign ministers’ meeting in New Delhi amidst strained US-India ties. His packed schedule includes talks with PM Modi, a Kolkata event, and stops in Agra and Jaipur, marking a strategic push as Washington eyes closer Indo-Pacific cooperation. submitted by /u/Aware_Apartment_8959 [link] [comments]

Social◇ unclassifiedusa · china · india
South China Morning Post Business52d05/23⚠ war-conflict · 3/5

Whiplash in Taiwan? How Donald Trump’s blunt warning collides with a historic call offer

Donald Trump’s blunt warning that he was not looking to have “somebody go independent” after his summit with Chinese leader Xi Jinping has reignited debate in Taiwan over whether Washington is hardening its message on the island. For many in Taipei, the US president’s remarks evoked memories of the George W. Bush administration, when Washington publicly checked Taiwan over moves seen as edging towards formal independence. But just as analysts were debating whether Trump had delivered the...

◇ unclassifiedchina · asia · usa
Reddit r/investing52d05/23⚠ war-conflict · 1/5

I simultaneously understand that the hyperscalers have room to grow, and that the world economy is not stable, how does anyone keep their sanity in this environment?

I simultaneously understand that all of the infrastructure going into AI has a lot of room for growth and will most likely suck up pretty much all industries while also increasing productivity for anything with a moat against the hyperscalers At the same time I can't deny the following: a lot of people will lose their jobs very quickly (much more quickly than previous industrial revolutions) US is no longer looked at like a stable partner/investment due to its governmental instability wars are b

Social◇ unclassifiedsocial-signal
South China Morning Post Business52d05/23

Bangladesh’s rare ‘Donald Trump’ buffalo draws crowds over resemblance

A rare albino buffalo with flowing blond hair ⁠has become an unlikely ⁠celebrity in Bangladesh ahead of the ⁠Eid al-Adha festival, drawing crowds of curious visitors who say the animal bears a striking resemblance to US President Donald Trump. The nearly 700kg (1,540lbs) buffalo, raised at a farm in Narayanganj district near the ‌capital Dhaka, has been nicknamed “Donald Trump” because of the tuft of pale hair falling across its forehead – a feature many say mirrors the American leader’s...

◇ unclassifiedchina · asia · usa
South China Morning Post Business52d05/23

What the China-US stability pact means for Southeast Asia

When Xi Jinping and Donald Trump concluded their Beijing summit, the most consequential outcome – for China at least – may prove not material, but conceptual: the adoption of “constructive strategic stability” (CSS) as the guiding framework for managing their intensifying competition. For Southeast Asia, a region often caught in the rivalry between the two powers, understanding what this means will matter in the years ahead. The framework reflects a long-held Chinese strategic aspiration....

◇ unclassifiedchina · asia
South China Morning Post Business52d05/23

UN event on nuclear non-proliferation treaty stumbles, US and Iran clash

A four-week United Nations conference reviewing the treaty to prevent the spread of nuclear weapons ended on Friday without agreement as the United States and Iran sparred over Iran’s nuclear programme. Vietnam’s UN Ambassador Do Hung Viet, who chaired the conference, announced that there was no consensus among the 191 parties to the Nuclear Nonproliferation Treaty on even a watered-down final document. He did not say which country or countries blocked a consensus. It was the third failure in a.

◇ unclassifiedchina · asia · usa
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