Finance news

Asia tech stocks extend sell-off with SoftBank down over 7% as investors sour on AI-linked names

Asian tech stocks tracked overnight losses in U.S. tech names led by a sell-off in Broadcom.

China’s Xi Jinping arrives in North Korea after hailing everlasting friendship

Chinese President Xi Jinping landed in Pyongyang on Monday for a two-day visit, his first to North Korea since 2019. North Korea leader Kim Jong-un and his wife Ri Sol-ju gave Xi and first lady Peng Liyuan a warm welcome at the airport, according to state broadcaster CCTV. Xi was later given a grand welcome ceremony at the Kim Il-sung Square. As the largest public square in the heart of Pyongyang, it serves as North Korea’s primary venue for massive military parades, state rallies and major...

Middle East conflict: Escalation in the Middle East weighs on stock markets in South Korea and Japan

After missile attacks in the Middle East, the stock markets in South Korea and Japan reacted with heavy losses. In Seoul, stock trading had to be temporarily suspended due to strong price fluctuations.

South Korea and Japan stocks plunge on US rate hike fears, Mideast tensions

China's new beef barriers to redirect meat trade as Australia nears quota

One dead, damage reported after 7.8-magnitude quake hits south Philippines

UK defends China engagement, seeks to unblock India trade deal

Fighting dead spots: cell phone connection from space: network operators are fine-tuning plans

The SpaceX IPO is imminent and the US company has big plans for satellite internet. This should also improve Germany's cell phone networks. A German's satellite company is involved.

Artificial Intelligence: In Love with a Bot – Are AIs the Better Partners?

Always available, always courteous, no ego tours: The human factor is missing when talking to AI bots. Could this also be an advantage under certain circumstances - perhaps even the future of romance?

Nikkei, Yen, Hang Seng: AI concerns and Middle East escalation weigh on Asia's stock markets

New fears of an AI bubble pushed the stock exchanges in Japan, South Korea and Taiwan into sharp losses at the start of trading on Monday. The new escalation in the Iran war is weighing on oil prices.

South America: Close race in the runoff election in Peru

The political situation in Peru remains tense: the preliminary election results show a close race between the conservative candidate Fujimori and the left-wing politician Sánchez.

Iran War: Israel's military attacks targets in Iran

Iran had previously fired rockets at Israel again. The conflict threatens to escalate further.

Whats a good long term thing to invest in?

Hey everyone, Im brand new to this whole investing thing and I am quite young. I have been blessed to receive a one year contract job where i will be making really good money for my age. Im hoping to invest quite a bit while i’m working the job for a year. I have always heard of S&P 500 and a couple other stocks that tend to have a high return after holding it for a couple years. Wondering what you guys would do and where you would invest your money and for it to grow over a span of 5-10 years o

Just a reminder - AMZN was NOT included in SP500 for 8 years!

Since people are worried about unprofitable companies like SpaceX, OpenAI and Anthropic being fast tracked into Nasdaq, here is a reminder of when Amazon was added to NASDAQ100 and SP500 - Amazon Timeline - Amazon went public on May 15, 1997, at an initial public offering (IPO) price of $18.00 per share. Amazon was added to the NASDAQ100 index effective at the market open on December 21, 1998. Amazon reported its very first quarterly net profit ($5 million) in Q4 2001. Amazon joined the SP500 in

China's Xi to visit North Korea for first time in seven years as Beijing tests its influence over Kim

North Korea may use the summit as an opportunity to press for economic concessions or Beijing's "tacit recognition" of its nuclear status, analysts say.

Cambodia’s ‘performative’ crackdowns fail to stop scam centres: Amnesty

Cambodia has failed to dismantle much of its online scam industry despite a year-long crackdown that authorities said would eliminate it, according to an Amnesty International report that challenges official claims of success. The London-based rights group said it identified 86 scam compounds operating across Cambodia as of April, up from 53 a year earlier, and found evidence of state intervention at only 24 sites during the government’s campaign. That contrasts with official statements that...

Oil prices spike over 3% as Iran and Israel trade strikes, escalating regional tensions

Oil rises on Monday amid heightened tensions in the Middle East, raising concerns that the conflict may drag on.

Reform: Pension Commission is considering mandatory pension splitting

The experts are talking about moving away from the traditional pension for widows and widowers and about dividing couples' pension rights. Many economists believe this is overdue.

Guest comment: If you only think about lithium, you have forgotten salt

The EU sorts raw materials into important and less important. In doing so, it creates a dangerous illusion of security, warn K+S boss Christian Meyer and Covestro boss Markus Steilemann.

Nvidia strikes a new memory-chip deal — but SK Hynix and Samsung shares are under heavy pressure

South Korea’s once-hot Kospi index is headed for another day of sharp declines as the AI trade loses steam.

Armament: Tank deal: Will the state's entry into KNDS still fail?

The federal government wants to take over 40 percent of the German-French tank manufacturer. But now doubts about the deal are being raised. The most important point of contention: the rating.

Major firms reset SP500 2026 year end forecast to 8000+

Most investment banks have revised their year end targets for SP500 on the back of solid earnings. Most analyst look at Fridays slip as a temporary speed breaker and not a cause for concern. https://www.thestreet.com/investing/citi-quietly-resets-sp-500-price-target-for-the-rest-of-2026 Wall Street price targets for the S&P 500 Deutsche Bank: 8.000. Goldman Sachs: 8,000. Morgan Stanley: 8,000. UBS Global Wealth Management: 7,900. Barclays: 7,650. J.P. Morgan: 7,600. submitted by /u/Training-Rip6

Sipri report: Researchers warn of arms race among nuclear powers

Peace researchers see the world in the middle of a new nuclear arms race. Instead of disarmament, the nuclear powers rely on deterrence. Europe also wants to get more involved.

Tibet quartz discovery boosts China’s self-sufficiency push for hi-tech materials

China has discovered a new source of high-purity quartz in its western Tibet autonomous region, potentially reducing its reliance on imports of the critical material to make solar panels and semiconductors. High-purity quartz is a gold standard manufacturing material for numerous hi-tech items, including some whose global market is dominated by China. China has relied on imports to obtain the important material, with most coming from the United States, because of a lack of domestic sources for..

Parliamentary election: Armenia remains on course towards the west after the election

Prime Minister Pashinyan wants to lead the South Caucasus Republic of Armenia into Europe. According to initial information, he will be confirmed in office in an election. But tensions with Russia remain.

EY survey: Fewer students expect a successful job entry

The security among students of finding the right job quickly after completing their studies is dwindling. This is what a survey shows. One factor is now more important than salary.

Japan museum under fire for ‘rewriting history’ with Nanking ‘incident’ label

A museum in Japan is facing accusations of “rewriting history” for replacing the Nanking massacre with the word “incident”, drawing criticism and reviving anger over the country’s wartime aggression. The Nagasaki Atomic Bomb Museum, which previously resisted revisionist attempts, appeared to have capitulated to a civic group’s pressure campaign, following Thursday’s release of proposed exhibit changes by its operations council. Other amendments announced by the museum, opened in 1996, include...

Mayoral election: narrow victory in the Erzgebirge: CDU-OB relies on cooperation

Election thriller in the Erzgebirge: CDU man Hoffmann narrowly wins against the right-wing extremist candidate Hartung - and still extends his hand. What's next?

Biotechnology: This is what the separation plan between Biontech and the founders looks like

According to Handelsblatt information, hundreds of employees are expected to move to the new company. What research remains at Biontech, what goes to the founders and what investors could get.

Reddit is the 2nd fastest-growing top-10 website

According to the latest top websites rankings from Semrush, Reddit is the 2nd fastest-growing among the top 10, behind GPT. Reddit is currently the 6th-largest site in the world, and the 5 ahead of it are the core of trillion-dollar companies (Google, Meta, and maybe OpenAI). At current growth rates, Reddit could soon become the 4th-largest site, behind Google, Youtube, and GPT. The hardest part of building a business is establishing the user base. Once that's done, monetization is much easier.