ASX set to dip, Wall Street drifts as oil prices steady; SpaceX tumbles
Stocks wavered in afternoon trading on Wall Street and hovered around their records set a day earlier, while oil prices held steady.
· Damian Troise
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Newest first · UTC+10:00Nuveen on lookout for more M&A deals after 'perfect match' Schroders: CEO
Huffman told Nikkei that he hopes to conclude the Schroders deal later this year. (Photo by Shintaro Ino)
· Staff Writer
Wall Street risk signal is flashing red with superannuation exposed to tech
Topic:Financial Markets
· David Taylor
Empty offices fill up as remote-work momentum shows signs of slowing
Growing demand for office space in Australia’s big cities suggests the momentum for remote working may be fading as companies take advantage of lower rents to shift into better towers.
· Simon Johanson
‘We do not know who created it’: Phony financial site hijacks billionaire family name
To the casual observer, the LWP Capital website looks like any other blue-chip financial services and asset management firm, complete with a premier corporate address, a team of 40-plus experts and a recognisable family name behind its more than $2 billion in assets.
· Lucy Macken, Christine Lacy
Kidnapping is the new firebombing as tobacco war rolls on despite jailing of kingpin
Nationwide crime syndicate The Commission ordered the kidnapping and assault of a family member of a tobacco store owner in a major new escalation of the violence used to control the tobacco market.
· Chris Vedelago, Carla Jaeger
Top Wall Street banks helped Epstein move billions – report
Deutsche Bank, JPMorgan Chase, and Bank of America all helped Jeffrey Epstein make more than $1 billion in suspicious transfers, including payments to trafficked eastern European women, according to a report by Democrats on the US Senate Finance Committee.
· RT
Brazil to become regular borrower in China, treasury official says
Brasilia cannot guarantee debut will happen this year, but wants it repeated to give companies a yuan benchmark to aim for
· Igor Patrick
Brazil to become regular borrower in China, treasury official says
Brasilia cannot guarantee debut will happen this year, but wants it repeated to give companies a yuan benchmark to aim for
· Igor Patrick
These 5 SF Giants have most to gain from trade deadline moves
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· Evan Webeck
Japan's Mizuno makes a play for India market with cricket gear
Mizuno will begin with a focus on equipment for cricket, which is hugely popular in India. © Reuters
· Staff Writer
Super League closes in on gamechanging investment from Australia’s NRL
Australian officials touring clubs to gauge mood
· Aaron Bower
Japan is buying yen in forex interventions. Where does it go?
Japan has stepped into the currency market multiple times this year to support the yen. (Photo by Akira Kodaka)
· Staff Writer
Kalshi promo code NYPMAX: Trade $25, get $500 for MLB World Series markets
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· Mike Turay
Jarren Duran was positive Red Sox were done with him at trade deadline: ‘I am the worst player’
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· Grace McCarron
Japan stock rally tempered by volatile South Korea market
Both the Japan's Nikkei Stock Average and South Korea's KOSPI gained sharply on Aug. 5. (Source photos by Nikkei and AP)
· Staff Writer
Bill Ackman warns of ‘disaster’ in NYC if Mamdani’s far-left agenda succeeds: ‘Watch what happens’
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· Ariel Zilber
Mazda's redesigned CX-5 lags in US market as gas prices favor hybrids
With its lower production costs, Mazda's fully redesigned CX-5 is key to its profit outlook. (Photo by Hirotake Kitagawa)
· Staff Writer
UK maritime authority reports ‘loud explosion’ near ship southeast of Yemeni coast
The UK Maritime Trade Operations (UKMTO) said on Wednesday that it has received a report of a “loud explosion” in close proximity to a vessel 95 nautical metres southeast of Yemen’s port city of Aden.
· Middleeasteye
Abdul El-Sayed offers a template for Democrats to defeat Trumpism | Peter Beinart
The candidate has crafted a progressive nationalism and shown his party how to turn Republicans’ financial advantage against them
· Peter Beinart
Nicola Jennings on Donald Trump’s complaints about oil companies – cartoon
Nicola Jennings on Donald Trump’s complaints about oil companies – cartoon
President’s order gives a boost to IT industry
ON July 23, President Ferdinand Marcos Jr. issued Administrative Order (AO) 45, lifting a seven-year moratorium on the development of new information technology (IT) parks and IT centers as economic zones under the Philippine Economic Zone Authority (PEZA) within the National Capital Region (NCR). This was a sound d…
· The Editorial Board
Trump rejects Zelensky’s request for more Patriot missiles – FT
US President Donald Trump has reportedly rejected Vladimir Zelensky’s request for hundreds of additional Patriot interceptor missiles, the Financial Times has claimed, citing people familiar with the talks. The refusal comes as Washington has also cast doubt on plans to allow Ukraine to manufacture the weapons under…
· RT
Trump rejects Zelensky’s request for more Patriot missiles – FT
US President Donald Trump has reportedly rejected Vladimir Zelensky’s request for hundreds of additional Patriot interceptor missiles, the Financial Times has claimed, citing people familiar with the talks. The refusal comes as Washington has also cast doubt on plans to allow Ukraine to manufacture the weapons under…
· RT
Brent oil back above $80 after Houthi attack on Saudi tanker | The National
Follow: Live updates on the US-Iran war
· Alvin R Cabral
Wofex 2026: Global Pacific reshapes the food service industry
FOR bakery and restaurant operators across the Philippines, running a food business has become increasingly challenging. With the peso-dollar rate hovering near the P62 to $1.00 mark, imported ingredients continue to become more expensive while consumers remain cautious about spending.
· The Manila Times
Global Pacific highlights smart food solutions at Wofex 2026
FOR bakery and restaurant operators across the Philippines, running a food business has become increasingly challenging. With the peso-dollar rate hovering near the P62 to $1.00 mark, imported ingredients continue to become more expensive while consumers remain cautious about spending.
· The Manila Times
The city has forgotten how to care
CITIES in the Philippines are adapting rapidly through the addition of business districts and transportation systems. This can all be viewed as a sign of positive growth and increased competitiveness in a country’s economy. However, oftentimes with growth, quality of life and satisfaction decreases. This leads to th…
· Louwie Gan
The wealth that money cannot buy
MODERN society has become obsessed with money. We measure success by the size of bank accounts, the value of investment portfolios, the market price of real estate and the number of possessions we accumulate. Yet history repeatedly demonstrates that fortunes can disappear overnight, currencies can lose purchasing po…
· Jeremiah Belgica
DENR to open forest areas to climate-smart investments
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· Chynna Grace Ong
A platform for sustainable industry, innovation and inclusive growth
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· christine fajardo
Rate cuts could limit peso gains
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· Niña Myka Pauline Arceo
BIR: VAT-exempt drug list expanded to 2,277
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· Niña Myka Pauline Arceo
Inflation slows further, remains above target
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· Niña Myka Pauline Arceo, Allen Limos
America’s most expensive rental market just got even worse as county plots punishing tax hike
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· Zain Khan
Japan's SBI Shinsei, regional banks, KKR join forces for big loans
SBI Shinsei Bank's partnership with regional lenders also will encompass KKR and Norinchukin Bank. (Source photos by Nikkei and Reuters)
· Staff Writer
Exclusive: Cambridge University backtracks on divesting from arms companies
The University of Cambridge has backtracked on a move towards divesting from all weapons companies, Middle East Eye can reveal.
· Middleeasteye
Rosa Mexicano opening new NYC location in Times Square
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· Jennifer Gould
Strong shekel squeezes Israeli high-tech as AI reshapes the industry - opinion
The shekel’s rise to levels not seen in decades was interpreted by the markets as a vote of confidence in the Israeli economy. Yet in the economy’s strongest sector, that same sign of strength sounds more like an alarm bell.
· RICKY MAMAN
Paramount CEO: Politics fueling WB merger battle
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· Agence France-Presse
Exclusive: Cambridge University backtracks on divesting from arms companies
The University of Cambridge has backtracked on a move towards divesting from all weapons companies, Middle East Eye can reveal.
· Middleeasteye
Disney earnings boosted by ‘Toy Story 5’, theme parks — and new CEO strikes deal with TikTok
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· Reuters
Abu Dhabi's IHC posts more than 200% jump in second quarter profit to $3.5bn | The National
Abu Dhabi’s International Holding Company posted a 220 per cent surge in second-quarter profit to Dh12.8 billion ($3.5 billion), boosted by a sharp increase in energy and mining revenue as the conglomerate expanded its global investment footprint.
· Alvin R Cabral
Nearly 1,500 properties bought using Australia’s first home buyers' 5% deposit scheme converted into investments
New data shows the federal government scheme has been used by high-income borrowers, including one couple earning an annual $674,000
· Luca Ittimani
‘Just an easy cash grab’: why Jetstar is charging customers for carry-on luggage
Add-on fees such as the new overhead locker baggage charge can make it harder to compare air fares, experts say
· Catie Mcleod, Jonathan Barrett
The RBA says rate rises don’t really increase living costs. But the data is clear – they very much do | Greg Jericho
The latest cost of living figures show interest rate rises are having an impact on household costs, despite what the central bank says
· Greg Jericho
Inflation’s next victim? The dreaded ‘friend zone’ that hopeful daters never want to be
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· Andrea Palladino
Into the woods! Big Apple business exodus leaves Upstate brokers scurrying to meet ‘snowballing’ demand
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· Rob LeDonne
AI-designed fashion gives boost to Japan apparel giant World
Both the garments and the models in World's OO line were designed by generative AI. (World)
· Staff Writer