China to raise power prices for energy-intensive sectors in green transition push
Beijing’s latest road map aims to cut carbon emissions by 200 million tonnes by 2028 – but analysts say implementation may vary across regions
· Emma Ma
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Newest first · UTC+11:00Treasury yields fall ahead of Kevin Warsh's first Fed meeting
U.S. Treasury yields fell on Tuesday as investors look ahead to the Federal Reserve's two-day policy meeting, and expectations for inflation and interest rate hikes continue to ease.
· Joseph Wilkins
South African artists lose gigs across Africa amid xenophobia tensions
South Africa has admitted that growing accusations of xenophobia are beginning to hurt its economy, with local artists and businesses facing setbacks in other African countries.
· AfricaNews
SoftBank and OpenAI team up to shield Japan from cyberattacks
Masayoshi Son, left, chairman and CEO of SoftBank Group, speaks as Mark Chen, chief research officer for OpenAI, listens during a talk at their business event at a hotel in Tokyo, Tuesday, June 16, 2026. (AP Photo/Hiro Komae)
· Yuri Kageyama
China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summit
WASHINGTON — For eight years, the United States has waged economic war on China, slapping big taxes on Chinese products before they enter America.
· Associated Press
Kyle Sandilands closes in on $15m settlement with KIIS FM owner
Kyle Sandilands is closing in on a settlement agreement with his former employer, KIIS network owner ARN media, worth up to $15 million, as part of a deal that would bring to an end one of two high-profile legal battles involving the company and avert a blockbuster trial.
· John Buckley, Kishor Napier-Raman, Fiona Byrne
European summer back on with Middle East route hurdle removed
The Australian government is poised to lower its travel warnings for the key Middle East hubs of Dubai and Abu Dhabi as soon as Wednesday, removing a major hurdle for travellers to buy travel insurance for flights via the region.
· Chris Zappone
SpaceX gains 11% in premarket trading as momentum builds
SpaceX shares surged 11% on Tuesday, as Elon Musk's rocket-builder continued its meteoric rise following a record-breaking IPO on Friday.
· Kai Nicol-Schwarz
First Gen independent directors defend deals with Razon’s Prime Infra
This is AI generated summarization, which may have errors. For context, always refer to the full article.
· gdecastro0289
RBA interest rates: Bullock says ‘if we need to increase again, we will’ after Reserve Bank holds interest rates
Reserve Bank of Australia decision on Tuesday comes after three consecutive cash rate hikes this year
· Luca Ittimani
Microsoft sued by shareholders over expenses, cloud business, AI
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· Victor Barreiro Jr.
Iran central bank chief heads to Moscow for expanding monetary cooperation
An Iranian delegation led by Central Bank Governor Abdolnaser Hemmati has travelled to Moscow for talks on "monetary and banking relations between Iran and Russia", according to Iran's semiofficial Fars News Agency.
· Middleeasteye
State auditor considering accounting audit of election watchdog over ballot shortages
SEOUL, June 16 (Yonhap) -- The Board of Audit and Inspection (BAI) is considering conducting a financial audit of the embattled National Election Commission (NEC) that has been under massive criticism over ballot shortages in the June 3 local elections, sources said Tuesday.
· CHANG JAE SUN
Young tech elites drive rise in Shenzhen luxury home sales after purchase curbs ease
Policy relaxations in core districts boost transactions, while ‘a positive wealth effect’ leads to sell-out sales in luxury projects
· Zhu Wenqian
Young tech elites drive rise in Shenzhen luxury home sales
Policy relaxations in core districts boost transactions, while ‘a positive wealth effect’ leads to sell-out sales in luxury projects
· Zhu Wenqian
Trainer hoping for more success from ex-Godolphin stock
Trainer Richard Litt’s affinity with former Godolphin stock is well known.
· Ray Hickson
Union let members who breached laws escape financial pain: inquiry
The Queensland branch of the CFMEU improperly used donations to pay personal fines, including one of more than $30,000, the inquiry into misconduct at the scandal-plagued union, and the construction industry, has heard.
· Courtney Kruk, Catherine Strohfeldt
Israeli ministers reject US-Iran deal, call for continued destruction of Lebanon
Israeli national security minister Itamar Ben Gvir and finance minister Bezalel Smotrich criticised the US-Iran agreement and voiced opposition to a ceasefire linked to the deal.
· Middleeasteye
Hong Kong poultry stall suspended for disinfection after bird flu trace detected
Shoppers say they are ‘not worried’ despite confirmation that two-year-old boy contracted H9N2 after visiting Wo Che Market in Sha Tin
· Kate Chan
Hong Kong poultry stall suspended for disinfection after bird flu trace detected
Shoppers say they are ‘not worried’ despite confirmation that two-year-old boy contracted H9N2 after visiting Wo Che Market in Sha Tin
· Kate Chan
Value of SK Group's listed firms exceeds 2,000 tln won
SEOUL, June 16 (Yonhap) -- The combined market value of SK Group's listed firms exceeded 2,000 trillion won (US$1,321 billion) for the first time Tuesday, mainly fueled by a recent surge of its memory chipmaker SK hynix Inc.
· Deok-Hyun Kim
MVP Sports Foundation says it does not manage Ateneo men's basketball team
MANILA, Philippines — The Manny V. Pangilinan (MVP) Sports Foundation said on Tuesday that it does not manage the Ateneo de Manila men's basketball team, saying that its support for the Blue Eagles is limited to financial only.
· Niel Victor C. Masoy
Central banks expect their gold reserves to rise as de-dollarization continues
A World Gold Council survey shows that central banks are increasingly taking a shine to the precious metal. (Photo by Miki Kamiyama)
· Staff Writer
Going for gold: Central banks expand bullion holdings as US dollar’s world dominance falls
World Gold Council states about nine in 10 central banks will increase holdings as de-dollarisation trend continues amid global instability
· Julie Zhang
Going for gold: Central banks expand bullion holdings as US dollar’s world dominance falls
World Gold Council states about nine in 10 central banks will increase holdings as de-dollarisation trend continues amid global instability
· Julie Zhang
Australia’s oil price hits three-month low on US-Iran peace hopes
Australia’s regional oil price has tumbled 12 per cent in a week, paving the way for deeper cuts at service stations if a US-Iran peace deal sticks and offering hopes of a buffer for motorists as the federal government’s 32¢-a-litre fuel discount ends.
· Nick Toscano, Mike Foley
China’s first-tier new home prices rise for third month as stabilising steps gain traction
Price gains in tier-one cities in May suggest confidence returning as policy support steadies sentiment
· Zhu Wenqian
China’s first-tier new home prices rise for third month as stabilising steps gain traction
Price gains in tier-one cities in May suggest confidence returning as policy support steadies sentiment
· Zhu Wenqian
Investigation alleges European trade helps sustain Israeli settlements
A new report by legal non-profit Global Echo alleges that fruit and vegetables grown in Israeli settlements in the occupied Palestinian territory and the Syrian Golan Heights were routinely declared as Israeli products for export to Europe.
· Middleeasteye
Bangladesh bets $3.2bn to avert a banking crisis but reforms elusive
Police stand outside the headquarters of Islami Bank Bangladesh in Dhaka in June amid protests against the bank's leadership. The banking group, which has been accused of improper lending practices, has become a focal point of concern for regulators because of its systemic importance. © Getty Images
· Staff Writer
Etihad Airways boosts summer capacity by 10% as Gulf travel rebounds from Iran war | The National
Etihad Airways has increased its summer flying capacity by 10 per cent compared with the previous year, operating more than 300 flights a day, as passenger traffic to Abu Dhabi recovers from the disruption caused by the Iran war.
· The National
Travel Korea market lands at Paris museum
The Korea Tourism Organization staged the 2026 France B2B Travel Mart in Paris and Lyon over two days from June 10, courting about 130 French travel industry figures as Korea and France mark the 140th anniversary of diplomatic relations.
· Hong Yoo
Beyond oil: Iran war may have transformed Asia’s trade architecture
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· Choon Hong Chua
Lachlan Murdoch pulls on his big boy pants to do a ‘Dad’ deal
June 16, 2026 — 3:15pm
· Elizabeth Knight
Disney vows expansion of Shanghai park in second decade
Visitors to Shanghai Disneyland snap photos in front of the iconic castle as the park celebrates its 10th anniversary. (Photo by Wataru Suzuki)
· Staff Writer
Polymarket traders clash over $345 million Iran peace market
A proposed deal to end hostilities between the U.S. and Iran gave equities and bond traders a measure of relief on Monday. It also left prediction markets with a new headache.
· Emily Nicolle
Samsung Electronics to hold executive meeting to discuss business plans for H2
SEOUL, June 16 (Yonhap) -- Samsung Electronics Co. will kick off a global strategy meeting Tuesday to discuss key business strategies for the second half of the year, according to industry sources.
· Kim Han-joo
Biotech IPO window is opening but big pharma M&A still sets the pace, top bankers tell CNBC
Public markets are beginning to reopen for biotech companies after several years of muted activity.
· Elsa Ohlen
US judge dismisses Elon Musk’s xAI trade secret lawsuit against OpenAI
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· Victor Barreiro Jr.
Australia central bank keeps rates steady at 4.35% as inflation remains elevated
The Reserve Bank of Australia held rates at 4.35% Tuesday, while stating that it was ready to raise rates to manage price stability and full employment.
· Lim Hui Jie
Asian shares are mostly higher, as Japan's Nikkei briefly tops 70,000
Employee of a foreign exchange dealing company work under an electronic board showing the stock index of Japan’s Nikkei 225, in Tokyo Tuesday, Jun 16, 2026. (Kyodo News via AP)
· Yuri Kageyama
Breaking: Reserve Bank keeps interest rate at 4.35pc as economy slows
Tue 16 Jun 2026 at 2:37pm
· Gareth Hutchens
Japan's central bank raises its benchmark rate to 1%
A security guard stands at the entrance of the Bank of Japan headquarters in Tokyo, Tuesday, June 16, 2026. (Kyodo News via AP)
Japan's Nikkei hits 70,000 as BOJ rate hike sparks rally
After raising its policy rate to 1% on June 16, the Bank of Japan helped send the Nikkei Stock Average over the 70,000 mark for the first time. (Photo by Shintaro Ino)
· Staff Writer
Japan's Nikkei hits 70,000 as BOJ rate hike sparks rally
After raising its policy rate to 1% on June 16, the Bank of Japan helped send the Nikkei Stock Average over the 70,000 mark for the first time. (Photo by Shintaro Ino)
· Staff Writer
China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summit
French President Emmanuel Macron walks with European Commission President Ursula von der Leyen during the G7 summit in Evian-les-Bains, France, Monday, June 15, 2026. (Isabel Infantes/Pool Photo via AP)
· Paul Wiseman
New Fed chair Warsh may reveal views on interest rates
Federal Reserve Chairman Kevin Warsh speaks during his swearing-in in the East Room of the White House, Friday, May 22, 2026, in Washington. (AP Photo/Alex Brandon)
· Christopher Rugaber
South Korean defense stocks surge on prospects for post-Iran-war sales boosts
South Korean defense stocks climbed sharply on Tuesday as the end of the Iran war appeared to be in sight, because the companies may benefit from sales to the Middle East afterward.
· Lim Hui Jie