Finance news

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.

Hong Kong seeks to define scope of national security cases ‘as soon as possible’

The Hong Kong government has sought to clarify what constitutes national security cases in a new round of proposed subsidiary legislation. Security and justice authorities submitted the proposed amendments under the city’s national security laws to the Legislative Council on Monday. The proposal introduces a classification mechanism for “other offences endangering national security”, under which any case accompanied by a certificate from the chief executive confirming it involved national...

+++ Iran War +++: Iran fires rockets at Israel – Israel responds with counterattacks

Iran: News agency reports explosions in Tehran +++ Oil prices rise significantly again +++ Media: Trump demands that Israel refrain from counterattacks +++ The news blog.

Teachers behaving badly should prompt reflection in Hong Kong

Educators have received quite a bit of unwanted attention lately. First came a Hong Kong school principal losing his temper during a study trip in Singapore over parking a coach bus. The man was caught on camera hurling abusive language at security guards in the presence of a busload of students. That lapse of judgment was met with a stern response. The principal eventually tendered his resignation and apologised, admitting his error and trying to use it as his last lesson to his students. The..

Oil Prices Spike After Iran and Israel Exchange Missile Attacks

Oil prices started the week higher after Iran launched ballistic missiles at Israel on Sunday night, heightening fears that U.S.-Iran peace talks might once again fall apart. Israel has since retaliated to the attack with strikes in western and central Iran despite calls from Trump to not respond to the Iranian missiles. At the time of writing, Brent crude had climbed 3.45% to $96.30 per barrel, while West Texas Intermediate had gained 3.41% to trade at $93.63 per barrel. Sunday's missile salvo

Any website that allows you to quarterly/annual financial statements?

I used to use roic.ai and it would output an excel spreadsheet with your choice of company's financial statements from the past. This was a fantastic resource for me to do a little research into stocks. However, roic.ai seems to have become a paid membership site. Are there any other websites out there anyone can suggest? submitted by /u/ninetimesoutaten [link] [comments]

Israel strikes Iran, defying Trump after ‘I call the shots’ claim

As Monday morning broke over a Middle East bracing for renewed conflict, a fragile regional ceasefire appeared to have collapsed after an exchange of direct strikes between Iran and Israel. The latest developments came as US President Donald Trump said Israel would have no choice but to accept a potential deal, following an interview walkout when pressed on his campaign pledge of “no new wars”. Some experts said Trump’s credibility was being called into question as Israel defied his warnings...

China cleaner inspired by university students gets into graduate school after year of self-study

A university cleaner in southwestern China has secured a place in a master’s programme after a year of self-study while raising two children. Li Jia, 33, from Chengdu in Sichuan province, works full-time as a cleaner at Chengdu University of Technology. She and her husband once ran a restaurant near the campus, but it closed after struggling to stay afloat, according to local reports. Li later took a sanitation job at the university, valuing its stability, proximity to home and fixed hours,...

Artificial intelligence: Nvidia forges AI alliances with SK Hynix, Naver and Doosan

Nvidia is expanding its AI data centers with new partnerships in South Korea, securing collaboration with SK Hynix, Naver and Doosan.

Hong Kong's IPO boom is developing a performance problem

As Hong Kong vies with Wall Street to be the top IPO market, a growing number of pre-debut runups turn sour after their listing.

Hong Kong tycoon bets China will overtake US economy ‘in next decade or so’

Hong Kong property tycoon Gordon Wu Ying-sheung has predicted that China will overtake the US as the world’s largest economy in the next decade or so, propelled by rapid technological advances while Washington is weighed down by massive defence expenditure and national debt. Yet the 90-year-old founder and chairman of Hopewell Holdings, who rarely speaks to the press, said Hong Kong should look past geopolitical tensions between Beijing and Washington to build closer ties with the United States,

Balkans: Governing party led by Kurti wins Kosovo election – crisis could continue

Vetevendosje has won the parliamentary election in Kosovo, but there is no end to the political deadlock in sight. After several new elections, forming a government remains difficult.

1 killed, ‘many buildings’ damaged after magnitude 7.8 quake strikes Philippines

A 7.8-magnitude earthquake struck the southern Philippines on Monday, killing at least one person, collapsing buildings and sparking tsunami warnings across the region. Authorities in the Philippines and Indonesia urged residents in affected coastal regions to move to higher ground immediately, after the offshore quake hit at a depth of 35km (22 miles) about 24km west of Mindanao’s Sarangani province, the US Geological Survey (USGS) said. It struck at 7.37am. Aftershocks up to 6.1 magnitude...

Why AI hyperscalers are now the epicenter of a bear case for stocks

In the near term, there are many mouths to feed and not enough to eat.

Tin demand for AI servers to triple by 2030, analyst says

U.S. stock futures mixed, oil prices surge as new attacks threaten the cease-fire with Iran

U.S. stock-index futures largely erased initial losses Sunday, after a massive tech selloff on Friday interrupted Wall Street’s two-month rally, and after new developments threatened the fragile cease-fire in the Iran war.

Japan prepares to drop its pacifist mask as the right rises

Japan appears to be edging ever closer to a referendum on its pacifist constitution, after a realignment of parliamentary forces delivered the supermajority needed to put the change to a public vote. For nearly eight decades, Article 9 of the 1947 constitution – drafted under Allied occupation and long treated as untouchable – has prevented Tokyo from formally maintaining a military with “war potential”. That article has outlasted every previous attempt to change it. But Japanese conservatives..

Middle East: Peace talks between USA and Iran under pressure

First the conflict in Lebanon escalates, then Iran attacks Israel again. This also has an impact on the US-Iran talks. What is the situation and what happens next?

The Wegovy pill is still dominating the GLP-1 pill market

It has remained a top choice among Americans trying to lose weight even after the launch of Foundayo, Eli Lilly’s GLP-1 pill.

Christian Eriksen ‘conscious’ after another on-field collapse in Denmark match

Christian Eriksen was conscious and undergoing further tests in hospital after collapsing on the field again while playing for Denmark’s national team on Sunday in a scary scene that had echoes of his cardiac arrest at the European Championship five years ago. Television footage showed the 34-year-old midfielder clutching his chest with both hands in an off-the-ball action in the 65th minute of Denmark’s international friendly against Ukraine at Nature Energy Park in Odense, Denmark. In the next

Ukraine summit in London: Europeans and Ukraine call on Putin to negotiate

Negotiations to end the war in Ukraine are on hold. Three European countries and Ukraine want to get it going again. You give Putin five prerequisites for this.

Hong Kong police warn World Cup fans against using overseas betting sites

Hong Kong police have warned football fans that using overseas betting websites could breach local gambling laws even if the platforms claim to be legally registered abroad, as authorities prepare for a predicted surge in wagering over the Fifa World Cup that begins on June 11. Police issued the warning after Fifa named its first prediction market partner for the World Cup. The force stressed that anyone in Hong Kong who placed bets with a local or overseas bookmaker outside authorised channels.

At what point is a Financial Advisor needed?

Hi All - I’m a woman in her mid-20s that’s been working a corporate job for the past 4 years. I’ve been able to work my way up to a pretty strong salary and my company pays out RSUs each year. I come from a family where gold and property are solely how people invest so completely new to this arena, but my coworkers seem to all be heavily into investing. My experience investing doesn’t extend past my 401k, and I’m honestly not sure how to even sell the stocks I currently have. Just a bit overwhel

if i want to go 100% s&p 500, through fidelity... is fxaix (for roth) and voo (for brokerage) the recommended setup?

my understanding is fxaix is best for roth because it's a tax advantaged account, and the expense ratio (0.015%) is lower than voo (0.03%)... and voo is best for a taxable brokerage because it's transferrable, should i ever wish to move away from fidelity. is this accurate? or should i go with the same thing for both, whether that's fxaix or voo? (roth ira is at $25k and brokerage will be starting with $400k, if this is relevant. employer 401k is mmwvt, $420k, through merrill lynch. will not be

Insurance

So I want to save some money and am about to cancel my insurance. So far I have canceled the accident insurance for €50 a month. Liability costs €140 per year and I'll be added to my wife's insurance on the due date. Additional health insurance and BU remain for now. submitted by /u/Few_Lavishness_2081 [link] [comments]

UK, France, Germany back direct Ukraine-Russia talks: joint statement

Ukrainian President Volodymyr Zelensky received the backing of the leaders of the UK, France and Germany in calling for direct ceasefire talks between Russia and Ukraine, according to a joint statement issued following defence talks in London on Sunday. Zelensky met British Prime Minister Keir Starmer, French President Emmanuel Macron and German Chancellor Friedrich Merz at 10 Downing Street for talks as Russia’s war has stretched into its fifth year. The leaders “supported the proposal for a...

Ukraine War: Meeting in London: Europeans and Ukraine call on Putin to negotiate

Merz, Starmer, Macron and Zelensky formulate common conditions for talks with Moscow. The position differs significantly from previous proposals from Washington.

Step by step to money: storm damage? How to report this to the insurance company

After a storm, it's important to act quickly: If you want to report damage to your house, you should follow a few important steps. What insurance companies expect – and how you can secure your claims.

Questions from labor law: Can I go to the doctor during working hours?

Specialist appointments are rare, family doctor appointments are often urgent. Many employees go to the doctor during working hours. But: is that legal? A specialist lawyer will clarify.

Looked at and tried out: Fitbit Air in the test: precise vital data without the need for a subscription

Fitbit's latest wearable offers accurate data capture, a long battery life and basically does not require a subscription. And how does the bracelet perform during sports?