Abu Dhabi's Kezad launches centre to help SMEs expand | The National
Khalifa Economic Zones Abu Dhabi, known as Kezad, will develop a new SME centre to help smaller businesses expand their operations in the emirate.
· Aarti Nagraj
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Newest first · UTC+11:00AI mega-listings are 'just the start,' Razer CEO says, ahead of historic SpaceX IPO
Blockbuster public offerings from companies involved in the global artificial intelligence race could be an enduring feature of the industry, Min-Liang Tan, CEO at Singaporean gaming company Razer, said Thursday, ahead of a series of widely anticipated public debuts from major AI companies.
· Matthew Chin
ILA Berlin 2026 opens under shadow of Iran war
Despite an overhanging shadow of war with Iran, over a dozen Israeli defense companies are taking part in ILA Berlin, one of Europe’s major aviation and defense exhibitions that opened on Wednesday.
· ANNA AHRONHEIM
Manus on Markets: Trump's secret mission - US and Iran on edge as Hormuz dispute escalates | The National
From tariff turmoil and stock shocks to market meltdowns, the global financial system has never been in such flux.
· Manus Cranny
Applied Materials in Singapore and Japan's new subsea cable approach
Hi everyone! This is Lauly, still trying to recover days after the conclusion of Computex, the largest and most important tech expo in Asia. If any of you visited this year's trade show in Taipei, you will understand what I mean when I say I am exhausted.
· Staff Writer
Lee says depending on U.S. for defense no longer valid, will boost economic ties
ROME, June 11 (Yonhap) -- President Lee Jae Myung said South Korea's traditional reliance on the United States for defense is no longer valid and that the country will seek to become a partner capable of self-reliant defense.
· Park Boram
Private credit has ‘growing pains,’ but a Man Group exec sees opportunities in higher rates
Private credit is facing liquidity-related “growing pains,” but higher-for-longer interest rates could create attractive yield opportunities, Man Group said.
· Hugh Leask
Saudi Arabia lifts Lebanese trade ban after nearly five years | The National
Saudi Crown Prince Mohammed bin Salman has ordered the resumption of Lebanese exports to the kingdom after a ban lasting nearly five years.
· Mina Aldroubi
How AI is helping Middle East boardrooms reduce job cuts and future risks | The National
Corporate boards that prioritise new technology to boost value creation and democratise governance are in a strong position to prevent operational risks, the chief executive of advisory Board Intelligence has said.
· Alvin R Cabral
Exxon CEO Lee Raymond, the ‘Darth Vader of global warming’, dies at 87
Lee Raymond, the former head of Exxon Mobil who oversaw the biggest corporate merger in the history of the oil industry and was derided as “the Darth Vader of global warming” for his scepticism toward climate change, has died. He was 87.
· Joe Carroll, Kevin Crowley
Emirates airline scraps profit targets as Iran war drags on | The National
Emirates has scrapped its previous earnings targets and would be happy to break even this financial year if the conflict with Iran continues, its president Tim Clark has said.
· The National
Meralco hikes June 2026 billing rates after May’s yellow, red alerts
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· Tati Maligro
Norfolk bets US$55M in blockbuster Chilean copper reset
Norfolk Metals is preparing to reinvent itself as a Chile-focused copper developer after striking a transformational US$55M ($69M) deal centred on the advanced Ciclón copper project.
· Penny Taylor
Europe’s bet on Chinese EV joint ventures may be solving yesterday’s problem
Auto veteran Soh Weiming on the EV tech transfer, China’s plateau, and Europe’s chance to catch up
· Xiaofei Xu
Europe’s bet on Chinese EV joint ventures may be solving yesterday’s problem
Auto veteran Soh Weiming on the EV tech transfer, China’s plateau, and Europe’s chance to catch up
· Xiaofei Xu
US and Iran trade attacks for a second day, undermining shaky ceasefire
Dubai/Washington: The United States and Iran traded air attacks on Thursday for a second straight day, and US President Donald Trump vowed further strikes if Tehran does not immediately agree to a peace deal.
· Ahmed Tolba, Enas Alashray, Bo Erickson
Augustus wraps up drilling at emerging WA gold discovery
Augustus Minerals has completed a follow-up phase two reverse circulation (RC) drilling campaign at its Clifton East prospect in the company’s Music Well gold project, 35km north of Leonora in WA’s gold-rich Leonora-Laverton greenstone belt.
· Doug Bright
Meralco raises June electricity rates on higher generation charge, peso weakness
MANILA, Philippines — The Manila Electric Company (Meralco) announced a P0.1488 per kilowatt-hour (kWh) increase in electricity rates for June, reversing last month’s reduction as higher generation charges and supply pressures in the Luzon grid pushed overall costs upward.
· Nazylen Joy Mabanglo
Beetaloo fires up seismic as NT pilot gas production nears
With the Northern Territory’s wet season now in the rear-view mirror, Beetaloo Energy is kicking its operations into high gear, launching a significant seismic survey in its western permits this month while simultaneously restarting flow tests at its impressive Carpentaria-5H well.
· Murray Ward
Shinsegae affiliates to acquire SSG.com stake from financial investor
SEOUL, June 11 (Yonhap) -- Shinsegae Inc. and E-Mart Inc., key affiliates of retail conglomerate Shinsegae Group, said Thursday they will acquire the entire stake in the group's e-commerce affiliate SSG.com held by a financial investor in a deal valued at about 1.27 trillion won (US$785 million).
· Kim Eun-jung
Hong Kong firms sign 6 deals to support Kazakhstan’s new hi-tech, economic hub
‘We are well positioned to help Kazakhstan fund high-potential infrastructure and innovation projects. We speak the language of global finance,’ John Lee says
· Matthew Cheng
Hong Kong firms sign 6 deals to support Kazakhstan’s new hi-tech, economic hub
‘We are well positioned to help Kazakhstan fund high-potential infrastructure and innovation projects. We speak the language of global finance,’ John Lee says
· Matthew Cheng
Larvotto launches $54M Hammer bid for bolt-on Qld copper
Larvotto Resources has launched an audacious bid to acquire advanced copper-gold explorer Hammer Metals and its massive exploration footprint in the revered Mt Isa copper province.
· Andrew Todd
Indonesia's shrinkflation belies government's 'strong' fundamentals claim
Indonesian students burn mock banknotes during a protest in Semarang, Central Java, on June 5 in a protest against the weakening of the rupiah, which repeatedly hit new record lows against the dollar in recent weeks. © Getty Images
· ISMI DAMAYANTI
Chinese firefighting equipment makers target untapped EU market
Shaoxing-based Xingli Safe Way Fire wants to market its extinguishers, including one specifically for fires caused by lithium batteries, in Germany and the EU. (Photo by Jens Kastner)
· Staff Writer
China initiates probe into J&T Express over safety management failures
Shares of Hong Kong-listed courier fell as much as 11 per cent after regulator targets shortcomings in safety management
· Peggy Ye
China initiates probe into J&T Express over safety management failures
Shares of Hong Kong-listed courier fell as much as 11 per cent after regulator targets shortcomings in safety management
· Peggy Ye
Gov't calls on exporters to address FX volatility
SEOUL, June 11 (Yonhap) -- South Korea on Thursday called on exporters to help ease recent volatility in the foreign exchange market, which includes promptly converting their export earnings into the won to boost dollar supply.
· Kang Yoon-seung
Busan probes lodging operator after Japanese BTS fan alleges abusive response
Busan city officials have launched an inquiry into a lodging operator after a Japanese BTS fan alleged that the business responded with abusive language when asked about a reservation ahead of the group’s upcoming concerts in the city.
· Lee Jung-joo
Korea Zinc outpaces Young Poong in governance ratings amid proxy battle
Korea Zinc, the world's biggest refined zinc smelter, said it achieved full compliance with all 15 core corporate governance indicators in 2025, improving from the previous year and significantly outpacing rival Young Poong amid an ongoing battle for management control.
· Ahn Sung-mi
KKR says AI productivity boom to keep on going — but warns of 'extreme' trend not seen since the 19th century
U.S.-based investment giant KKR expects the AI-driven productivity boom is only just getting started, but said it could mean growth is concentrated in just a few sectors.
· Evelyn Cheng
S. Korea attracts US$165 mln investment from European firms, signs digital trade agreement with EU
SEOUL, June 11 (Yonhap) -- South Korea has attracted a combined US$165 million in foreign direct investment from four European companies and signed a digital trade agreement with the European Union (EU), deepening economic cooperation with the major economic bloc, Seoul officials said Thursday.
· Kim Na-young
China’s personal income tax compliance crackdown contributes to 12% rise in revenue
State Taxation Administration attributes increase to stock market gains, higher incomes in some industries and stricter enforcement
· Karen Tian
China’s personal income tax compliance crackdown contributes to 12% rise in revenue
State Taxation Administration attributes increase to stock market gains, higher incomes in some industries and stricter enforcement
· Karen Tian
OpenAI’s Sam Altman to meet Samsung, Kakao, Naver in Korea
OpenAI CEO Sam Altman is returning to South Korea this weekend for talks with Samsung Electronics, Kakao and Naver, as the ChatGPT leader looks to deepen partnerships with Korean technology companies in AI infrastructure, workplace adoption and consumer services.
· Jie Ye-eun
Samsung, SK hynix chip investment hopes build in Korea's southwest
Government push for regional growth fuels speculation over chip giants' investments in Honam
· Jo He-rim
KKR sees corporate reform unlocking Korea's valuation potential
US investment firm KKR highlighted South Korea as one of Asia's most compelling valuation opportunities, arguing that ongoing corporate governance reforms could unlock significant upside, the firm said Thursday.
· Im Eun-byel
US strikes Iran for a second day and Iran fires back
President Donald Trump called the latest inflation numbers “great,” insisting prices will “come down like a rock” once the war with Iran ends. He also claimed for the first time that U.S. forces are moving millions of barrels of oil nightly through the Strait of Hormuz.
· Jon Gambrell
Woori Bank to launch digital wallet service for foreign tourists
Woori Bank said Thursday it plans to launch a dedicated digital wallet for overseas tourists to South Korea in the second half of this year to simplify payments and improve access to local financial services.
· Lee Han-gyoul
Canada seeks to ban social media accounts for children under 16, joining growing global effort
TORONTO — Canada introduced legislation on Wednesday that could bar children younger than 16 from having social media accounts unless the companies show they can make their platforms safe.
· Associated Press
Kuwait's Jazeera Airways plans new plane orders as CEO warns fuel crisis worse than pandemic | The National
Kuwait’s Jazeera Airways is considering new narrowbody orders for its Saudi subsidiary, despite the jet fuel crisis caused by the Iran war posing a bigger crisis for airlines than the Covid-19 pandemic, according to the carrier’s boss.
· Deena Kamel
Fraudsters jailed for stealing millions from 'older and vulnerable' victims
By Jordanna Schriever
· Jordanna Schriever
Hong Kong’s pivot to emerging sectors secures its spot as top choice for tech firms: HKEX
Transaction volumes of tech shares in Hong Kong have surged sevenfold within 10 years, says Bonnie Chan at HKEX summit in Shenzhen
· Themis Qi
Hong Kong’s pivot to emerging sectors secures its spot as top choice for tech firms: HKEX
Transaction volumes of tech shares in Hong Kong have surged sevenfold within 10 years, says Bonnie Chan at HKEX summit in Shenzhen
· Themis Qi
Korea's employment falls for first time in 17 months amid Middle East fallout
Labor market weakens to worst since pandemic as manufacturing jobs plunge and youth employment keeps sliding
· Choi Ji-won
Keppel ramps up Hanoi property push as housing prices soar
The Hanoi Center, Keppel’s first retail project in Vietnam’s capital Hanoi, is set for a full opening in July. (Handout via Keppel)
· MAI NGUYEN
Aurum unveils billion-dollar West African gold giant
Aurum Resources has muscled its way into the developer big league, delivering a stunning 1.21-million-ounce maiden probable ore reserve for its Boundiali gold project in West Africa that underpins a pre-feasibility study (PFS), projecting an 11-year mine life delivering an emphatic 1.5 million ounces of gold.
· Doug Bright
Transcript: Can a correction fix Australia’s housing market?
Marc Filippino, James Politi and Nic Fildes
Aguia launches Brazilian phosphate play with capacity surprise
Aguia Resources has kicked down the developer door and stormed into production in southern Brazil, successfully commissioning its Pampafós natural phosphate fertiliser plant, whilst immediately flagging a massive 30 per cent uptick in expected production.
· Andrew Todd
Labor to set terms for datacentre and AI growth as it vows not to repeat mistakes of resources boom
Assistant minister agrees concerns over resource usage are legitimate but argues Australia cannot ignore ‘consequential’ economic wave
· Josh Taylor, Petra Stock