Hong Kong retail sales rise 8.6% in April on back of higher visitor arrivals
Retail sales for first four months of 2026 up 11.3 per cent from the same period last year
· Wynna Wong
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Business & Economy
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Newest first · UTC+11:00Google owner Alphabet to sell $80bn in stock to fund AI spending spree
One of largest equity fundraisings ever includes $10bn share sale to US investment group Berkshire Hathaway
· Juliakollewe, Graemewearden
How foreign investors should view China’s ‘little giants’ scheme
The label has its uses but it proves nothing about commercial success, product quality, financial health or global competitiveness
· Jun Yan
How foreign investors should view China’s ‘little giants’ scheme
The label has its uses but it proves nothing about commercial success, product quality, financial health or global competitiveness
· Jun Yan
How a WeChat mini-program is helping China fine-tune drone regulation
New flight-clearance model is being promoted in Shanghai and Sichuan, but Beijing’s skies remain off-limits
· Carol Yang
How a WeChat mini-program is helping China fine-tune drone regulation
New flight-clearance model is being promoted in Shanghai and Sichuan, but Beijing’s skies remain off-limits
· Carol Yang
Chipmaker SK Hynix to double wafer capacity in 5 years to meet AI demand
SK Group Chairman Chey Tae-won says massive price hikes are not healthy for the memory chip industry. (Photo by Cheng Ting-Fang)
· Staff Writer
EU trade lawmakers back compromise on deal with Trump
BRUSSELS — The European Parliament’s trade committee approved by a wide majority a compromise struck with EU governments and the Commission on legislation to implement a trade deal with the United States.
· Camille Gijs, Carlo Martuscelli
My Only Boy by Rosa Rankin-Gee review – a darkly funny near-future dystopia
A surprising romance is set against a backdrop of climate crisis, political instability and corporate corruption in this bleak but witty novel
· Sarah Moss
What Myles Garrett trade means for Puka Nacua’s Rams future
See more of our coverage in your search results.
· Ryan Anderson
Federal government paid $3.8m in personal protection for then CFMEU administrator
Senate committee also hears Murray Watt needed personal security after sending the union into administration
· Cait Kelly
Boston Consulting Group exec urges Japan to clarify purpose of investment
The Japanese government needs to clarify the purpose of its strategic investment that Prime Minister Sanae Takaichi is promoting, Reiko Akiike, co-chair of Boston Consulting Group Japan, said in a recent interview.
· No Author
Kospi rally is real, but Korea's rerating has only begun: Shinyoung strategist
Foreign investors remain net sellers, but domestic liquidity is increasingly driving Korea's market higher, veteran analyst says
· Choi Ji-won
Biotech takeover target Abivax sinks over 30% after bowel disease drug trial update
Shares of French biotech Abivax tumbled 32% after it reported fresh data on its lead asset, a drug for ulcerative colitis, that showed a potential cancer risk in patients.
· Elsa Ohlen
Seoul shares again end at record high on Samsung's performance
South Korean stocks closed at a fresh high of above the landmark 8,800-point level Tuesday as tech shares continued to advance on optimism over artificial intelligence, led by chip giant Samsung Electronics, offsetting a market-wide profit-taking mode. The local currency fell sharply against the US dollar.
· Yonhap
(2nd LD) Lee orders prompt action to stabilize prices, warns against market cornering
(ATTN: UPDATES with more background, remarks in paras 6-7, 16-18)
· Park Boram
Philippine President Marcos’ ratings hit record low as inflation bites
A net satisfaction rating of minus 15 marks the worst showing of Ferdinand Marcos Jnr’s presidency so far
· Jeoffrey Maitem
Philippine President Marcos’ ratings hit record low as inflation bites
A net satisfaction rating of minus 15 marks the worst showing of Ferdinand Marcos Jnr’s presidency so far
· Jeoffrey Maitem
Dalaroo unveils monster 4.3km gold anomaly in West Africa
Dalaroo Metals has lifted the profile of its Bondoukou gold project in Côte d’Ivoire, West Africa, after unearthing a massive 4.3km gold anomaly at its Gold Ridge prospect, with a peak soil result of 2188 parts per billion (ppb) gold from phase one geochemical sampling.
· Doug Bright
Seoul shares again end at record high on Samsung's performance
South Korean stocks closed at a fresh high of above the landmark 8,800-point level Tuesday as tech shares continued to advance on optimism over artificial intelligence, led by chip giant Samsung Electronics, offsetting a market-wide profit-taking mode. The local currency fell sharply against the US dollar.
· Yonhap
Seoul shares again end at record high on Samsung's performance
SEOUL, June 2 (Yonhap) -- South Korean stocks closed at a fresh high of above the landmark 8,800-point level Tuesday as tech shares continued to advance on optimism over artificial intelligence (AI), led by chip giant Samsung Electronics, offsetting a market-wide profit-taking mode. The local currency fell sharply a…
· Kim Eun-jung
A sleepless Korean won: Will 24-hour trading pay off?
Round-the-clock won-dollar trading aims to boost market access and strengthen MSCI ambitions, but volatility concerns linger
· Im Eun-byel
Mazda starts biodiesel trial with Nippon Express to decarbonize logistics
Mazda Motor and Nippon Express have launched a trial to use biodiesel fuel for truck-trailers that transport vehicles. (Source photos by Sae Kamae, Suzu Takahashi and Mazda Motor)
· Staff Writer
Zenith targets major growth across six-kilometre WA gold belt
Zenith Minerals has tightened the geological picture at its flagship Consolidated Dulcie gold project in WA’s Southern Cross-Forrestania gold belt.
· Murray Ward
European stocks poised to rebound ahead of key inflation update
LONDON — Futures data pointed to a positive open for European equities on Tuesday, as investors await key data on the economic impact of the U.S.-Iran war.
· Chloe Taylor
Minimax and Zhipu aim to further tap China's AI fever with dual listings
Chinese AI startups Zhipu and Minimax enjoyed successful Hong Kong IPOs. They are hoping to replicate that on the mainland with dual listings. (Source photos by Getty Images)
· Staff Writer
Second vice finance minister heads to Paris for OECD meeting
SEOUL, June 2 (Yonhap) -- Second Vice Finance Minister Huh Chang departed for Paris on Tuesday to attend a meeting of the Organization for Economic Cooperation and Development (OECD), the finance ministry said Tuesday.
· Kang Yoon-seung
A minimum wage increase delivers a maximum inflation risk
The Reserve Bank’s job to bring inflation was just made more difficult by the Fair Work Commission.
· Shane Wright
Korea, Africa seek deeper economic ties at business forum in Seoul
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
· Jung Min-kyung
Hong Kong to relaunch direct flights to Kazakhstan’s Almaty in first quarter of 2027
Chief Executive John Lee says city will also discuss tax agreement with Kazakhstani authorities to facilitate business dealings
· Jeffie Lam
Hong Kong to relaunch direct flights to Kazakhstan’s Almaty in first quarter of 2027
Chief Executive John Lee says city will also discuss tax agreement with Kazakhstani authorities to facilitate business dealings
· Jeffie Lam
Ship operators urge clear rules to return Hormuz to normal before resuming business
ATHENS — Shipping executives meeting in Athens on Monday warned that a potential peace deal between the United States and Iran is only the first step toward normalcy. For vessels to resume regular business through the volatile Strait of Hormuz, global leaders must provide a clear framework and unambiguous rules of…
· Reuters
Doosan Robotics extends rally on Huang's Korea robotics push
Doosan Robotics shares jumped again Tuesday after Nvidia chief executive Jensen Huang singled out robotics as a focus for the chipmaker's possible investment in South Korea.
· Moon Joon-hyun
India's Mahindra looking to EVs, pickups in global push: autos CEO
Mahindra & Mahindra's strong performance in the Indian auto market, despite stiff competition, is boosting its hopes of brisk sales abroad, said Rajesh Jejurikar, executive director and CEO of the auto and farm segments at M&M. (Mahindra & Mahindra)
· Staff Writer
Amazon's four-day Prime Day event starts June 23, as shoppers battle inflation
Amazon's annual Prime Day event is scheduled to last four days — June 23 through June 26 — for a second straight year.
· Annie Palmer
Classical Bridge turns theme of connection into a family affair
Founder Klara Min plots a culture-and-business platform, with an AI project planned for next year's Cannes edition
· Park Ga-young
Seoul shares sharply down late Tue. morning on profit-taking
South Korean stocks traded lower late Tuesday morning as investors rushed to cash out market heavyweights, bucking overnight gains on Wall Street.
· Yonhap
Fear of missing out: why Asia-Pacific firms pour money into AI despite scant returns
Survey shows many enterprises across the region invest heavily in AI, worried that their rivals will outpace them
· Daisy Wu
Fear of missing out: why Asia-Pacific firms pour money into AI despite scant returns
Survey shows many enterprises across the region invest heavily in AI, worried that their rivals will outpace them
· Daisy Wu
11 Macau banks sign up for Project mBridge as city joins digital currency platform
Project mBridge is seen as part of Beijing’s push to establish alternatives to traditional, US-dollar-centric payment networks
· Sylvia Ma
Macau taps into Project mBridge digital currency platform
Project mBridge is seen as part of Beijing’s push to establish alternatives to traditional, US-dollar-centric payment networks
· Sylvia Ma
TMK strengthens commercial muscle as Mongolian gas play matures
TMK Energy has added fresh operational and corporate firepower to its Mongolian gas ambitions by appointing an experienced oil and gas veteran to the role of production manager as its Gurvantes XXXV pilot project gathers momentum towards development.
· Penny Taylor
Want more financial success? These three things are holding you back
June 2, 2026 — 2:32pm
· Paridhi Jain
True North hits 51m copper zone near Qld Cloncurry mine
True North Copper has delivered a suite of broad, shallow copper and gold assay results from a recently completed exploration and resource extension drilling program at its Great Australia Mine in North-West Queensland.
· Murray Ward
Trump administration proposes 25% tariff on Brazilian goods over unfair trade practices
The Office of the United States Trade Representative has proposed 25% tariffs on Brazilian goods under Section 301, determining that the South American nation had engaged in practices that "are unreasonable and burden or restrict U.S. commerce."
· Lim Hui Jie
Chinese firms’ overseas expansion fuelled by huge government subsidies: OECD report
Chinese commerce chamber argued the OECD had followed international measuring standards, unfairly targeted China’s state-led financial model
· Xiaofei Xu
Chinese firms’ overseas expansion fuelled by huge government subsidies: OECD report
Chinese commerce chamber argued the OECD had followed international measuring standards, unfairly targeted China’s state-led financial model
· Xiaofei Xu
[Vantage Point] Ayala Land: The urban machine
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· bcalica0379
Zambia looking for concrete gains from Korea-Africa talks: deputy secretary
Zambia is urging South Korea to move beyond pledges and deliver financing commitments, industrial investment and technology partnerships as Seoul expands its engagement with African countries, says Siazongo Siakalenge, Zambia’s deputy secretary to the cabinet for finance and economic development.
· Sanjay Kumar