Finance news

WWDC 2026: New AI features expected at Apple developer conference

Apple presents its latest software innovations at the WWDC developer conference. The focus is on AI applications and the new generation of iPhone software.

Anton Baranov: Frankfurt student wins Apple's developer competition

Before the start of its WWDC developer conference, Apple traditionally honors young app makers. This time a student from Germany is again among the winners.

Regional elections in South Korea: After election breakdown: South Korea's president sees democracy threatened

After the regional elections in South Korea were partially interrupted due to ballot paper shortages, President Lee Jae Myung has come under criticism. There are ongoing protests in Seoul.

VinFast-powered taxis enter India in Vietnamese firm's debut beyond ASEAN

Xi arrives in North Korea to meet Kim amid scrutiny of nuclear buildup

South Korea leads Asia stocks rout on US rate fears, Mideast tensions

Major bank merger: Italy's largest bank wants to buy Rivalin for 30 billion

There are signs of a merger between two large financial institutions in the Italian banking sector.

Chinese homeowner buys 34th-floor flat in 32-storey building gets no compensation

A Chinese man bought a flat on the 34th floor of a newly developed building only to be told four years later that the building only had 32 floors. The man, surnamed Shen, from northwestern China’s Shaanxi province, bought a new-build flat in a village near the provincial capital city Xian in 2013. He bought a 90-square-metre unit on the 34th floor of a building which cost 2,646 yuan (US$400) per square metre. It was about one third of the average housing price, because the residential compound..

Air traffic: Drones cost millions at German airports

When drones are spotted near airports, flight operations often have to be stopped. This leads to sharply increasing costs and annoyance for passengers. Two airports in particular are affected.

K-drama stars IU, Lee Dong-wook dragged into South Korean ballot protest

A South Korean protest calling for a redo of last Wednesday’s local election over ballot shortages at polling stations has taken an unexpected turn, with some protesters demanding that actress and singer IU send coffee to the rally. The demand appears to stem from IU’s decision in 2024 to provide prepaid food and drinks for demonstrators calling for the impeachment of former president Yoon Suk-yeol over his failed martial law bid. The protesters calling for a new election, who are widely seen as

Banks: Bafin examines DekaBank's consolidated financial statements

Bafin examines DekaBank's annual financial statements - because of possible violations. At the center: 478 million euros from share transactions around the dividend record date.

Peru faces drawn-out count as presidential race goes down to the wire

Peru faced a drawn-out count in its bitterly contested presidential run-off after results showed the race for the ninth head of state in 10 years was too close to call. Figures released by electoral authorities showed conservative politician Keiko Fujimori with a modest lead over nationalist congressman Roberto Sanchez with 58 per cent of ballots tallied in a contest overshadowed by people’s concerns about surging crime. The outcome, expected to be tight, may not be known for days. The figures..

Venture capital: Investors want to mobilize 15 billion euros more for start-ups

24 investors want to establish venture capital as a strategic asset class in the capital market. The new initiative warns: If this does not succeed, Germany's future will be lost.

Away from the water, far up: Every meter counts: What to do if there is a tsunami warning?

The earth has shaken, now is the tidal wave coming? What holidaymakers need to know about tsunami risks near the coast.

Pharmaceutical industry: Roche secures rights to cancer drugs in a billion-dollar deal

The Swiss pharmaceutical company is hoping for a billion-dollar market with the blood cancer drug Bexobrutideg. The active ingredient could also be used for other diseases.

Artificial intelligence: AI for engines and chips – PhysicsX raises $300 million

The British start-up PhysicsX is now worth $2.4 billion - and wants to revolutionize heavy industry and chip manufacturing with AI simulation. What makes the company so valuable.

+++ Federal policy +++: Bas calls for noticeable tax relief for citizens

Chancellor Frei defends savings target for care reform +++ Merz is probably not planning an E5 meeting to appease Trump +++ The news blog.

I Am Not a Perma Bear, But I Cannot Buy This Market

I am not a perma bear. I believe in equities, innovation, and long-term wealth creation. Markets rise more often than they fall, and betting against human progress is usually a mistake. But sometimes risk becomes too obvious to ignore. For me, that happened in March 2026. I sold all my stocks because I believed the market had moved from expensive to irrational. Since then, the market has gone parabolic, and missing that rally has been painful. Even so, I cannot buy back in. The first problem is

Tax advisor speaks plainly: “German tax law is a catastrophe”

Holger Jenzen is spokesman for the auditing and consulting firm RSM Ebner Stolz. How does he view the rapid change in the industry, the complicated regulations and the shortage of skilled workers?

Iran War: Iran fires rockets at Israel – counterattacks from Israel

Several military strikes in Israel, Iran and Lebanon could lead to a renewed escalation in the Middle East. US President Trump warned of the impact on the peace negotiations.

Macron’s nuclear pact expands across Scandinavia as global forces surges

Norway is just the latest ally to open discussions with Paris about France’s extended nuclear deterrence initiative.

SpaceX IPO: Five Musk promises in reality check

Elon Musk's rocket company SpaceX wants to ignite the mega IPO - and attracts trillions in sales in space and on earth. What is true about the promises?

Japanese IT head says he made AI videos to smear Takaichi’s rivals during party poll

The head of a Japanese IT firm has said that he created videos criticising rivals of Prime Minister Sanae Takaichi in last year’s ruling Liberal Democratic Party (LDP) presidential race, after being asked by one of her aides to help her win the election. Ken Matsui, 33, said in a recent online interview that he was consulted by a secretary of Takaichi on how to “reverse” the lead of Shinjiro Koizumi, then a strong contender to win the LDP presidential election in October. “I proposed that...

USA: Trump is once again urging new central bank chief Warsh to cut interest rates

Despite rising inflation, the US President continues to expect loose monetary policy from the US Federal Reserve. There are other means to slow the price increase.

Economic situation: Japan's economy grew less strongly in the first quarter

Japanese GDP only increases by 1.8 percent. Economists, on the other hand, had expected an increase of 2.1 percent. The reason for this is a sharp decline in one area in particular.

China turns African port into tourist spot, students rethink Hong Kong: 5 weekend reads

We have put together stories from our coverage last weekend to help you stay informed about news across Asia and beyond. If you would like to see more of our reporting, please consider subscribing. 1. China is transforming historic African slave port into waterfront tourism magnet 2. The new Panama? Why Nicaragua could be next front in US-China influence battle 3. Is the dream over? Mainland students rethink Hong Kong over costs and cultural fit 4. How Chinese drink chains are testing the...

Morning Briefing Podcast: Markets: Missiles, risk and reality shock / Middle East: War escalates again

The markets are suddenly afraid of a tech bubble, at the same time Elon Musk's SpaceX is hoping for the biggest IPO of all time. How does that fit together? Well, conditionally.

State visit to Pyongyang: China's Xi Jinping begins state visit to North Korea

Xi Jinping visited North Korea for the first time in seven years. In advance, the Chinese head of state spoke of “new development opportunities” for the two neighboring countries.

Way out of the permanent crisis?: Wanted: Funders for start-ups

There is no shortage of promising start-ups in Germany, but all too often they run out of money. Could more venture capital be a recipe for the recovery of the German economy?

Israel Fires Back at Iran after Missile Attacks

Israel said it struck several military targets in Iran, retaliating against missile attacks by Tehran despite Trump's call for Netanyahu to refrain from hitting back.