Finance news

Trump says he is building a White House helipad for more powerful Marine One helicopter

US President Donald Trump said on Monday that he is building a granite helipad on the White House lawn, insisting that the landing area is needed to accommodate new, more powerful presidential choppers. Confirmation of the project came as construction crews had already begun working on the helipad on the South Lawn, where the president had UFC build a temporary arena for a cage fight celebrating his 80th birthday. He said the project would be privately funded and estimated its cost at up to US$6

Wall Street: Trump rings the stock market bell – Dow Jones closes again with a record

The US President opened stock market trading on Monday from the Oval Office. The leading index Dow Jones then closed above the 53,000 point mark for the first time in its history.

+++ Football World Cup 2026 +++: Infantino comments on Trump's call - Klopp rages against FIFA boss

Trump confirms conversation with FIFA boss about red card for US striker +++ Klingbeil calls on FIFA to clarify +++ Norwegian fans scramble for plane tickets +++ The World Cup blog

Integrity of World Cup is questioned as Trump, Fifa defend Balogun suspension actions

With the integrity of Fifa and the World Cup under attack from European football leaders, Fifa President Gianni Infantino acknowledged taking a call from US President Donald Trump before US forward Folarin Balogun was cleared to play against Belgium later on Monday. Balogun was issued a red card in the US match against Bosnia-Herzegovina last week, resulting in a suspension for the Belgium contest. Trump called Infantino after the match with Bosnia to plead his case to overturn the call and Fifa

Short/Midterm ETF Diversification

What are you guys holding outside the core index funds? I want to gradually allocate 10-15% into some other ETFs and could use some ideas. My shortlist right now: Momentum, Asia ex-China/Japan, or semiconductors, but I am open to suggestions. I need some EU-domiciled ETFs that are traded on EU-regulated exchanges. I'm a bit hesitant on semiconductors. It feels like I missed the boat and we might be at the peak. I'm guessing the recent bump in Asian stocks is mostly just riding that same semicond

Chinese AI usage by US firms soared after Mythos restrictions

China overtakes US in fintech patent filings to seize global lead

World Cup 2026: Sports lawyer about Trump's call - "There is now a risk of open, conscious intervention in competition"

It is an unprecedented event: the president has asked Gianni Infantino to allow the best US striker to play against Belgium. Experts fear the consequences for world football.

ITV and Comcast’s Sky reshape British TV landscape with US$2.1 billion deal

Comcast’s Sky has agreed to buy the broadcast channels and streaming service of Britain’s ITV for £1.6 billion (US$2.13 billion), creating a British champion to compete with global players YouTube, Netflix, Amazon and Disney. Sky CEO Dana Strong said the deal, announced on Monday and confirming a Reuters story, was a “defining moment” in British broadcasting. The combination of Britain’s biggest free-to-air commercial broadcaster, home of the soap opera Coronation Street, and subscription...

Retiring in 4 years: how would you diversify a highly concentrated US portfolio?

Hello folks, I’d like to hear general views on long-term portfolio construction for someone approaching retirement in about 4 years. Quick background: Current net worth: around €700k Current allocation: roughly 95% US large-cap equities, 5% crypto I keep investing monthly, around €7k per month I do not plan to sell my current holdings I am only using new contributions to gradually diversify What I’m trying to understand: How do people think about reducing concentration risk in a portfolio that i

Handelsblatt Live: US stock market expert Koch: AI values ​​are recovering again

With its announced entry into the cloud business last week, the US group Meta caused speculation about excessive AI investments. On Monday the mood improved again, observes Markus Koch.

US at 250: has Europe learned to survive Trump’s America?

In a public park a stone’s throw from the European Commission buildings in Brussels late last month, beer flowed, meat grilled and country music blared as revellers marked the 250th anniversary of the founding of the United States. The fallout from the event, however, provided signs – if they were needed – that all is not well in America’s relations with its erstwhile European allies. Just three of the EU’s 27 commissioners and none of its leaders showed up, while authorities were reportedly...

Wall Street: Trump rings the stock market bell – and the Dow Jones reaches the next milestone

The US President opens stock market trading on Monday from the Oval Office. The leading index Dow Jones then rose above the 53,000 point mark for the first time in its history.

The hurricane rebuild trade doesn't exist at season open. I tested whether it lives after actual landfalls instead. My most significant result died under robustness checks, which turned out to be the interesting part.

a couple weeks ago I tested the classic "buy Home Depot and Lowe's before hurricane season" trade: event study around June 1 season open, 16 years of data. result: the trade loses, roughly -2 to -3% vs the market, and the drift starts about 8 days before the season even opens. posted it to r/stocks post and the pushback was fair: June 1 is a calendar story, not an event. the real test is actual landfalls, with severity and geography separated. so I built it. setup: 23 US mainland hurricane landf

+++ Football World Cup 2026 +++: Trump confirms conversation with FIFA boss about red card for US striker

Klopp rages against Trump and Infantino +++ Confusion over Senegal return +++ Wayne Rooney has to row after Norway announcement +++ The World Cup blog.

NATO summit in Ankara: NATO chief: US allies invest four percent

US President Trump insists that European NATO partners take more responsibility - and spend more money on defense. The Secretary General of the Alliance gives a number for the summit.

Defense: Strong Europe, arms industry, Ukraine: These topics determine the NATO summit

Shortly before the NATO summit, the US President once again accused the Europeans of a lack of commitment. Those who were scolded want to prove Trump wrong in Ankara.

Don’t assume US decline will lead to its fall, warns Chinese scholar

Although the US is in decline, underestimating the country could still prove a “fatal mistake”, according to a prominent Chinese commentator. “The United States is still a hegemony in decline. Even with its relative decline, it remains a hegemony because no nation or force is currently capable of truly taking its place,” Zheng Yongnian, dean of the school of public policy at the Chinese University of Hong Kong, Shenzhen, said. In a recent interview with the Greater Bay Area Review, which is...

Trump to Meet Zelenskyy at NATO Summit as Ukraine War Diplomacy Resumes

US President Donald Trump will meet Ukrainian leader Volodymyr Zelenskyy on the sidelines of this week's NATO summit in Ankara, the White House announced on July 5, as Washington seeks to revive stalled diplomacy over Russia's war while pressing Europe to take greater responsibility for the continent's defense. The announcement came a day after Trump held separate telephone conversations with Zelenskyy and Russian President Vladimir Putin, underscoring the administration's effort to position its

Former Chinese official sentenced to death in US$323 million bribery case

A court in eastern China has handed down a rare death sentence to a former municipal official convicted of taking more than 2.2 billion yuan (US$323.8 million) in bribes, marking one of the harshest punishments for economic crimes in recent years. Yang Youlin, who once served as executive deputy director of the Nanjing Economic and Technological Development Zone management committee, was found guilty of bribery, embezzlement, misappropriating public funds, abuse of power and money laundering....

Comment: FIFA boss Infantino deserves the red card

Donald Trump is apparently calling for the red card ban against US striker Balogun to be withdrawn. And Infantino does as he is told. If that's true, he has sold the soul of football.

Beijing opens lithium futures to foreign traders to cement pricing power over US

Beijing has unveiled new measures to keep its tight grip on lithium prices, in a move that may give it an edge over the US in the key material vital for electric vehicle and energy storage. Following mining endeavours worldwide to secure supplies, Chinese authorities announced they would allow offshore industrial players to trade lithium carbonate onshore to cement its pricing power. Effective July 3, the Guangzhou Futures Exchange, one of China’s major commodity bourses, began allowing miners,.

India and Japan to develop stealth technology for warships as faith in US wavers

India and Japan have agreed to jointly develop technology that makes Indian warships harder to detect, in a move that analysts say takes their defence partnership to a new level and reflects growing unease in both capitals over how far they can rely on Washington. The project involves fitting Indian warships with Japan’s Unified Complex Radio Antenna (Unicorn) system, which lowers a vessel’s radar profile by combining multiple antennas into a single, compact structure and reducing the exposed...

Aviation: Easyjet shares at their highest level since February 2022

After much hesitation, Easyjet accepts the revised takeover offer from US investor Castlelake – at a price of over six billion euros.

Bank merger: ING joins Spanish Singular Bank

ING is investing in Singular Bank to expand its business. In doing so, it displaces US investor Warburg Pincus.

NATO summit: Merz explains German defense spending to Trump

The US President described German defense spending before the NATO summit as “ridiculous”. The Chancellor doesn't let this slide and corrects the numbers used by Trump.

China’s Xi Jinping sets new precedent with July 4 message for Trump and US

In a departure from convention, Chinese leader Xi Jinping sent a congratulatory message to the United States on Independence Day. “This year marks the 250th anniversary of the independence of the United States. President Xi Jinping, on behalf of the Chinese government and the Chinese people, has already sent a congratulatory message to US President Trump,” Chinese foreign ministry spokeswoman Mao Ning said in Beijing on Monday. Beijing does not usually publicise presidential greetings on July 4.

Stock market: SK Hynix wants to raise $28 billion from its secondary US listing

With a secondary listing in the USA, SK Hynix is ​​planning an issue volume of 28 billion dollars. The proceeds are intended to secure capacities for AI chips.

Takeover: Major Dutch bank ING joins the Spanish Singular Bank

By joining Singular Bank, the Dutch bank secures a 40 percent share in the Spanish private banking house - and pushes US investor Warburg Pincus out of the field.

How an Asian-majority city passed the US' first permanent data center ban