money 'Young people have a long runway opportunity' in this market: Expert
Justin Waring of UBS Global Wealth Management joins Yahoo Finance's The First Trade to discuss how millennials should think about investing and who is 'winning' in this market.
Justin Waring of UBS Global Wealth Management joins Yahoo Finance's The First Trade to discuss how millennials should think about investing and who is 'winning' in this market.
Major North Korean hacking groups have mounted "all-out" cyber attacks against South Korean defence companies for more than a year, breaching the firms' internal networks and stealing technical data, South Korea's police said on Tuesday. Hacking teams linked to North Korea's intelligence apparatus and known as Lazarus, Kimsuky and Andariel planted malicious codes in data systems of the defence companies either directly or through contractors working with them, the police said. The police, working with a team of national spy agency and private sector experts, traced the hacks to the groups, identifying them by the source IP addresses, the re-routing architecture of the signals and the signatures of the malwares used, it said.
An ally of President Vladimir Putin warned Europe on Tuesday that Russia has already drafted legislation to retaliate if nearly $300 billion of Russian assets were seized by the West and used to help Ukraine. After President Vladimir Putin sent troops into Ukraine in 2022, the United States and its allies prohibited transactions with Russia's central bank and finance ministry, blocking around $300 billion of sovereign Russian assets in the West. The U.S. House of Representatives passed legislation on Saturday including a bill with a provision that would allow the confiscation of Russian sovereign assets, though the lion's share of the assets are in Europe.
Vietnam's top tech firm FPT plans to build a $200 million artificial intelligence (AI) factory using Nvidia's graphics chips and software, the two firms said on Tuesday. FPT plans to use Nvidia's support to boost AI research in Vietnam with the aim of developing AI applications and solutions at the planned data centre factory, including for generative AI and autonomous driving, the firms said in a joint statement.
The same day Iran launched its first ever direct attack on Israel it embarked on a less-noticed confrontation at home, ordering police in several cities to take to the streets to arrest women accused of flouting its strict Islamic dress code. Iranian authorities insist that their so-called Nour (Light) campaign targets businesses and individuals who defy the hijab law, aiming to respond to demands from devout citizens who are angry about the growing number of unveiled women in public. Under Iran's sharia, or Islamic law, women are obliged to cover their hair and wear long, loose-fitting clothes.
Avian influenza has spread to dairy cows in multiple states and one person in Texas. Health officials are on high alert.
More than 100,000 people have been evacuated due to heavy rain and fatal floods in southern China, with the government issuing its highest-level rainstorm warning for the affected area on Tuesday.On Tuesday, the megacity of Shenzhen was among the areas listed as experiencing "heavy to very heavy downpours", the city's meteorological observatory said, adding the risk of flash floods was "very high".
India's main opposition party is accusing Prime Minister Narendra Modi of hate speech after he called Muslims “infiltrators" and used some of his most incendiary rhetoric to date about the minority faith. At a rally on Sunday in the western state of Rajasthan, Modi said that when the Congress party was in government, “they said Muslims have the first right over the country’s resources.”
Venice will this week begin charging day trippers for entry, a world first aimed at easing pressure on the Italian city drowning under the weight of mass tourism.The aim of the tickets is to persuade day trippers to come during quieter periods, to try to thin out the worst of the crowds.
Tech bad boy Elon Musk on Tuesday vowed to challenge demands that his social media platform X take down videos of a recent Sydney church stabbing.Video of the bloody attack, which spread widely on social media platforms, has been blamed by Australian authorities for feeding tensions in the community.
Donald Trump faces a contempt of court hearing on Tuesday as part of his historic criminal trial, with New York prosecutors insisting the former president repeatedly violated the gag order issued to prevent him from intimidating witnesses.Trump has been under a partial gag order imposed by Judge Juan Merchan to prevent him from publicly attacking witnesses, prosecutors and relatives of court staff.
Taiwan was shaken by dozens of earthquakes overnight and into Tuesday that left buildings swaying and some tilting, with the government saying they were aftershocks from a huge deadly quake that hit the island more than two weeks ago.In Hualien on Tuesday, a hotel building that was previously damaged started tilting at an angle overnight after the quakes, according to footage obtained by AFP. "Please come out for your safety.
During World War II, dozens of women Cambridge University students worked around the clock in complete secrecy to crack Nazi codes, but only now are the unsung heroes getting recognition.She became deputy head of her unit and after the war continued to work in intelligence.
Indonesia President Joko Widodo and his son, incoming vice president Gibran Rakabuming Raka, are no longer members of the country's largest party after they backed rival candidate and election winner Prabowo Subianto, a party official said on Tuesday. Their exit will put the spotlight on the next moves for the popular Jokowi, as the outgoing president is known, whose backing for Defence Minister Prabowo was widely interpreted as a move to retain political influence and preserve his legacy after a decade at the helm. Komarudin Watubun, who heads the ethical division of the Democratic Party of Struggle (PDIP), said Jokowi and Gibran were not expelled but ceased to be members when they decided not to endorse PDIP's presidential candidate Ganjar Pranowo.
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Voters go to the polls in North Macedonia this week for the first round of the presidential election — the seventh such vote since the small landlocked Balkan country gained independence from the former Yugoslavia in 1991. With more than 50% of the country’s 1.8 million registered voters needed for an outright win, the contest is almost certain to head to a second round, which will be held on May 8 along with parliamentary elections. The brief campaigning period has focused on North Macedonia’s progress toward joining the European Union, the rule of law, fighting corruption, combating poverty and tackling the country’s sluggish economy.
Secretary of State Antony Blinken is starting three days of talks with senior Chinese officials in Shanghai and Beijing this week with U.S.-China ties at a critical point over numerous global disputes. The mere fact that Blinken is making the trip — shortly after a conversation between President Joe Biden and Chinese leader Xi Jinping, a similar visit to China by Treasury Secretary Janet Yellen and a call between the U.S. and Chinese defense chiefs — might be seen by some as encouraging, but ties between Washington and Beijing are tense and the rifts are growing wider. From Russia and Ukraine to Israel, Iran and the broader Middle East as well as Indo-Pacific and trade issues, the U.S. and China are on a series of collision courses that have sparked fears about military and strategic security as well as international economic stability.
Far from the trenches, at orderly new centres across Ukraine, civilian recruiters armed with laptops and info packs offer patriotic volunteers opportunities to join the war. As Ukraine's efforts to conscript enough men to fight Russia are stymied by public scepticism, defence officials and military units are embarking on a multi-pronged charm offensive to recruit a citizens' army to resist the invasion. This softer call-up is being conducted on job-search sites and outreach centres, as well as billboards and social media, and offers a wartime novelty: an element of choice.
Asia was the world's most disaster-hit region by climate related hazards last year, the World Meteorological Organization (WMO) said, with floods and storms causing the highest number of casualties. In a report published on Tuesday, WMO said that 79 disasters linked to hydro-meteorological events had been reported in Asia in 2023. "Many countries in the region experienced their hottest year on record in 2023, along with a barrage of extreme conditions, from droughts and heatwaves to floods and storms," said WMO Secretary-General Celeste Saulo.
A mass grave with nearly 300 bodies has been uncovered at a hospital in the southern Gaza city of Khan Younis, Gaza Civil Defense workers said Monday, following the withdrawal of Israeli forces from the area earlier this month.
The Supreme Court has scheduled a special session to hear arguments over whether former President Donald Trump can be prosecuted over his efforts to undo his 2020 election loss to President Joe Biden. The case, to be argued Thursday, stems from Trump's attempts to have charges against him dismissed. Lower courts have found he cannot claim for actions that, prosecutors say, illegally sought to interfere with the election results.