Pentagon blacklist raises spectre of investment curbs for Chinese tech firms
Chinese tech giants including Alibaba and Baidu strongly reject the Pentagon’s characterisation of them as “Chinese military companies”
· Howard Liu
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Newest first · UTC+11:00SSA chief Bisignano says wait times are getting shorter
IRS CEO Frank Bisignano testifies during a Senate Committee on Finance hearing on Capitol Hill, April 15, 2026, in Washington. (AP Photo/Mariam Zuhaib, File)
· Fatima Hussein
Apple and the EU trade blame over a delayed Siri AI rollout for European users
Craig Federighi, Apple’s senior vice president of software engineering, speaks during the annual World Wide Developers Conference at Apple’s headquarters in Cupertino, Calif., Monday, June 8, 2026. (AP Photo/Noah Berger)
· Kelvin Chan
Futures Rise As Tech Rebound Extends While Oil Drops
US equity futures are higher as Monday’s US stock gains extend into today’s trading with both tech and small caps outperforming as the AI theme resumes its global surge and US/Iran deal optimism is back (on the back of the now daily optimistic comments from Trump) broadening the rally. As of 8:00am ET, tech enthusia…
· Tyler Durden
Beijing regulators expect Hong Kong to press advantage as offshore yuan hub
Officials pledge ‘unswerving’ support for Hong Kong’s development as a financial centre while urging city to promote global yuan use
· Zhu Wenqian
Beijing regulators expect Hong Kong to press advantage as offshore yuan hub
Officials pledge ‘unswerving’ support for Hong Kong’s development as a financial centre while urging city to promote global yuan use
· Zhu Wenqian
Lebanon’s low-cost airline Fly Beirut to launch in June 2027 with destinations spanning Dubai to Copenhagen | The National
The low-cost subsidiary of Lebanon’s Middle East Airlines is set to start operations in June 2027 with a network connecting Beirut to regional and European cities including Dubai and Copenhagen.
· Deena Kamel
What deals and discounts are on offer for Hong Kong’s July 1 celebrations?
Free MTR tickets, museum entry and dining deals are among perks for 29th anniversary of city’s return to Chinese rule
· Cannix Yau
What deals and discounts are on offer for Hong Kong’s July 1 celebrations?
Free MTR tickets, museum entry and dining deals are among perks for 29th anniversary of city’s return to Chinese rule
· Cannix Yau
Oil prices fall as Trump tries to convince market an Iran deal is close despite recent violence
Oil prices fell Tuesday as President Donald Trump sought to convince the market that a deal with Tehran was days away, despite the barrage of strikes between Israel and Iran this week.
· Spencer Kimball
The 'SaaSpocalypse' is over, says private equity giant Thoma Bravo. Here's why it sees an AI boom for software
The "SaaSpocalypse" is over, and AI now offers software companies an "enormous tailwind," the founder and managing partner of private equity giant Thoma Bravo has said.
· Hugh Leask
A call for a strike halts business and transport in Pakistan-administered Kashmir
MUZAFFARABAD, Pakistan (AP) — Shops and businesses shut down, and public transport halted across Pakistan-administered Kashmir on Tuesday after a call for a strike by a recently banned group, known for violent protests.
· Ishfaq Hussain
Kakao Bank names former Kia executive as global head
Kakao Bank has appointed Kim Woo-joo, former global business executive at Kia, as head of its global division, the lender announced Tuesday.
· Im Eun-byel
Singapore group buys distressed tower as Hong Kong’s student housing demand accelerates
Acquisition of 26-storey building highlights growing international appetite for city’s distressed assets as banks step up property disposals
· Peggy Ye
Singapore group buys distressed tower as Hong Kong’s student housing demand accelerates
Acquisition of 26-storey building highlights growing international appetite for city’s distressed assets as banks step up property disposals
· Peggy Ye
Stocks are recovering from a sell-off — but even bullish investors warn of a bumpy ride ahead
Global stock markets edged higher on Tuesday, marking a tentative recovery from a bout of volatility led by an aggressive sell-off in global technology names.
· Chloe Taylor
Mets’ biggest questions as decision over buying, selling at trade dealine looms
The Mets could have fallen into oblivion on their last road trip after losing the first two games in Seattle last week.
· Mike Puma
BYD eyes sales boost from fast-charging battery capacity catch-up
EV giant says it expects expanding battery production and flash-charging technology to lead to higher sales next year
· Themis Qi
BYD eyes sales boost from fast-charging battery capacity catch-up
EV giant says it expects expanding battery production and flash-charging technology to lead to higher sales next year
· Themis Qi
Emirates airline to retain capacity despite war as it adds Starlink services to more flights | The National
Emirates airline has no plans to cut capacity despite financial pressures caused by the Iran war, president Tim Clark said on Tuesday, as the carrier presses for Berlin traffic rights.
· Reuters
Bank of England warns of AI scams as deepfakes of Farage-Bailey fight spread
Governor urges people to report videos on X that falsely show the men clashing in the Question Time studio
· Danmilmo
Mystery billionaire flips £195m London mansion for £56m profit | The National
The mystery owner of one of London’s most expensive properties, which counts London Zoo and the US ambassador's residence as neighbours, has sold it for a profit of about £56 million ($75 million) in less than two years.
· Paul Carey
Goldman Hikes Obesity Drug Market Forecast As Oral GLP-1s Go Mass Market
The global weight-loss drug market is now expected to reach $114 billion by 2030, up from Goldman's prior $101 billion forecast, as analysts cite faster adoption of oral obesity pills, stronger demand outside the U.S., and improved affordability that is expanding the patient pool.
· Tyler Durden
AD Ports starts trial operations at Egypt's Safaga terminal | The National
AD Ports Group, the operator of industrial cities and free zones, started trial operations at Noatum Ports – Safaga Terminal in Egypt as the company seeks to boost its presence across the Red Sea.
· The National
Since Lockdowns, A 12% GDP Loss; Half Of US Dollar Purchasing Power Stolen
Authored by Jeffrey Tucker via The Brownstone Institute,
· Tyler Durden
What Dylan Larkin’s bombshell trade request means for the Rangers and Vincent Trocheck
The Rangers’ Vincent Trocheck is no longer the top center on the market in the wake of Dylan Larkin’s trade request from his hometown team, the Red Wings.
· Mollie Walker
Emirates airline to retain capacity despite war as it adds Starlink services to more flights | The National
Emirates airline has no plans to cut capacity despite financial pressures caused by the Iran war, president Tim Clark said on Tuesday, as the carrier presses for Berlin traffic rights.
· Reuters
Hong Kong launches tax-break plan to strengthen role as a corporate treasury base
Plan expands tax concessions and introduces pre-approval mechanism to lure multinationals to manage capital and risk in the city
· Enoch Yiu
Hong Kong launches tax-break plan to strengthen role as a corporate treasury base
Plan expands tax concessions and introduces pre-approval mechanism to lure multinationals to manage capital and risk in the city
· Enoch Yiu
Ombudsman junks complaints vs Recto, Ledesma over PhilHealth fund transfer
MANILA, Philippines — The Office of the Ombudsman dismissed the complaints filed against Executive Secretary and former Finance chief Ralph Recto and former PhilHealth president Emmanuel Ledesma Jr. over the transfer of P60 billion from the Philippine Health Insurance Corporation (PhilHealth) to the treasury.
· Reina C. Tolentino
Dangerous synthetic opioids found in fake medicines, EU drug agency warns
New forms of synthetic illicit opioids are flooding the European fake medicines market, contributing to record numbers of drug-related deaths on the continent last year.
· Claudia Chiappa
Hong Kong college sues finance head, director and firm over alleged HK$25m fraud
Hong Kong Chu Hai College claims misappropriated funds transferred to finance director Ray Yip, Ho Chung-ling and Rivers Design Engineering
· Brian Wong
Hong Kong college sues finance head, director and firm over alleged HK$25m fraud
Hong Kong Chu Hai College claims misappropriated funds transferred to finance director Ray Yip, Ho Chung-ling and Rivers Design Engineering
· Brian Wong
Korea Investment, JPMorgan ride AI demand with tech fund
Korea Investment & Securities and JPMorgan Asset Management hosted a client seminar in Seoul on Tuesday, highlighting investment opportunities emerging from the next phase of the artificial intelligence boom and growing demand for US technology assets.
· Choi Yeon-jae
‘Nightmare’: Toorak traders urge compensation over car park closure
One day, business at Karlie Crow’s Toorak Village clothing shop was booming. The next, she saw foot traffic plummet and sales drop.
· Rachael Ward
Bank of Japan set to hike key interest rate to 1%
Bank of Japan Gov. Kazuo Ueda speaks to reporters on April 28. (Photo by Nanami Sato)
· Staff Writer
India's growth story faces its toughest test yet in Modi’s third term
In his 12th year as Prime Minister, Narendra Modi continues to be popular in India — but the world's fastest-growing major economy is no longer so popular among global investors.
· Priyanka Salve
Xi Jinping meets Kim Jong Un as China and North Korea tighten alliance
Xi Jinping met North Korean leader Kim Jong Un and declared his willingness to elevate bilateral relations to "new heights". The visit featured a lavish state reception, military honours and large crowds waving Chinese and North Korean flags across the capital. The summit comes at a time of heightened diplomatic act…
· AfricaNews
With a global AI data shortage looming, China boosts its own supply
The initiative is designed to anchor Beijing’s AI Plus strategy, which calls for AI to be woven into the industrial fabric of the economy
· Ben Jiang
With a global AI data shortage looming, China boosts its own supply
The initiative is designed to anchor Beijing’s AI Plus strategy, which calls for AI to be woven into the industrial fabric of the economy
· Ben Jiang
Manus on Markets: IPO frenzy - Investors queue up as tech trio drives multitrillion-dollar valuation boom | The National
From tariff turmoil and stock shocks to market meltdowns, the global financial system has never been in such flux.
· Manus Cranny
First lady Liza Marcos, Cayetano exchanges at business event 'friendly talks,' no politics involved, says Malacanang
MANILA, Philippines — Malacañang saw the exchanges between First Lady Liza Araneta-Marcos and Sen. Alan Peter Cayetano at a dinner reception hosted by the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) as "friendly talks" with no politics involved.
· Catherine S. Valente
Sumitomo Mitsui Trust mulls up to ¥380 billion in digital investment
Sumitomo Mitsui Trust Bank plans to invest ¥360 billion ($2.2 billion) to ¥380 billion in digital technologies over three years, President Manatomo Yoneyama said in an interview.
· No Author
China’s new regulator chief vows to prevent financial ‘blow-ups’ in first policy meeting
Ding Xiangqun highlights risks at smaller lenders, the property sector and local government debt while calling for tougher supervision
· Karen Tian
China’s new regulator chief vows to prevent financial ‘blow-ups’ in first policy meeting
Ding Xiangqun highlights risks at smaller lenders, the property sector and local government debt while calling for tougher supervision
· Karen Tian
World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds
JPMorgan Chase leads 65 banks making decisions incompatible with restraining rising temperatures, researchers say
· Oliver Milman
Apple blames EU rules as it withholds new Siri AI from European devices
BRUSSELS — Apple has said it would not ship its overhauled AI assistant on its devices in the EU, pinning the holdout squarely on Europe’s Big Tech market dominance rules.
· Jacob Parry
Levi’s sues Australian clothing brand Globe over ‘blatant copying’ of tabs on pockets
Denim giant claims trademarked design has been copied by S-Double, which was founded in 2008 by Shawn Stussy and is owned by the Melbourne-based clothing company
· Luca Ittimani