With war (and rising gas prices) now fully embedded in respondents' minds (along with record high stock prices), it is perhaps not entirely surprising that The Conference Board's Consumer Confidence dipped in May (but was better than expected).
Israel Ministry of Tourism Director General Michael Izhakov traveled to the United States this week, leading a professional ministry delegation for a series of meetings and events in New York, Los Angeles, and Miami. The trip aims to strengthen Israel’s position in the U.S. tourism market and support the continued r…
Drew Houston founded Dropbox nearly two decades ago out at age 24, eventually becoming a household name in Silicon Valley and the first tech entrepreneur to take a company from the Y Combinator incubator program all the way to the public market.
Rubio’s visit to India marks an effort by Washington and New Delhi to steady strained relations as the two countries seek to reinforce strategic and economic ties despite recent trade tensions. The Iran war has added to India’s energy concerns, raising worries about shipments through the Strait of Hormuz, a vital ro…
After declining MoM for the first time since June 2025 in February, US home prices in America's 20 largest cities were expected to dip again in March (according to the latest data from S&P Cotality Case-Shiller) and they did, dropping 0.16% MoM (worse than the 0.10% MoM drop expected) leaving prices up just 0.83% Yo…
The president of Russia’s largest business lobby will oversee a revamped version of the country’s business ombudsman office, the Kremlin said Tuesday, ending a two-year vacancy at the top of the state watchdog.
African nations are increasingly pursuing the “Somali model” that Ankara and Mogadishu have developed over the years, seeking deeper ties with Turkey in hopes of receiving security and economic assistance, Turkish Defence Minister Yasar Guler told journalists over the weekend.
British energy giant BP has unanimously fired its chairman Albert Manifold over what it says is "unacceptable" conduct. He is the second high-profile executive in three years to be ousted over corporate misdeeds.
Yields on U.K. government bonds fell to five-week lows on Tuesday as investor concerns about political developments eased and optimism for a U.S.-Iran peace deal helped scale back expectations for interest rate hikes.
US futures are higher again, led by tech and small caps. As of 7:30am, S&P 500 futures rose 0.7%, signaling US stocks are set for another record high when the market reopens after Memorial Day weekend. Nasdaq 100 contracts, supercharged by the artificial intelligence trade, gained more than 1% as Magnificent Seven b…
Industry Season 4 opens with the camera stalking two characters that fans of the HBO show have never met before, while the Shep Pettibone remix of New Order’s “True Faith” plays. This particular song is marked by its pathos — lyrics that intertwine memories of trauma and fantasies of triumph — and shimmering ’80s sy…
DOLAKHA, Nepal (Kathmandu Post/ANN) -- A photograph posted by Prime Minister Balendra Shah on Saturday, showing him tasting yak cheese produced by the state-owned Dairy Development Corporation, set social media abuzz and rekindled public interest in one of Nepal's oldest commercial dairy products. But beneath the re…
Eli Lilly on Tuesday announced plans to acquire three companies for almost $4 billion in cash, as it looks to expand its research and development business into infectious diseases.
Japan is likely to face a shortage of naphtha-derived chemical products as early as the end of June, the former head of a major trading house said, in comments that contrast with the government’s view that supplies will last into next year.
More small businesses would be spared paying capital gains tax under concessions being considered by Labor to avoid a growing backlash, as analysis predicts house prices will fall in Sydney and Melbourne due to tax changes and interest rate rises.
Dubai's inflation nearly doubled in three months after the US-Iran conflict shut the Strait of Hormuz, but any sharp slowdown by the end of the year may not mean life will become less costly for consumers.
CEBU CITY — Former Cebu governor Gwendolyn Garcia dismissed rumors linking her to possible endorsements and plans for the 2028 elections, saying her attention is now focused on helping Cebuanos facing economic and political challenges.
Mirae Asset Global Investments said Tuesday it will focus on attracting overseas investors through its launch of single-stock leveraged products tied to Samsung Electronics and SK hynix.
SEOUL, May 26 (Yonhap) -- South Korea and the European Union (EU) agreed Tuesday to push for deeper cooperation in critical minerals, supply chains and other economic security issues, Seoul's trade ministry said.
The UK risks accelerating the decline of the oil and gas industry despite overwhelming industry belief that the basin could still have a long-term future, a report has said.
PARIS — The Paris Mint said Tuesday that it would soon start selling solid-gold coins for investment, the first since it quit making Napoleons and Louis a century ago.
SEOUL, May 26 (Yonhap) -- South Korea's benchmark Korea Composite Stock Price Index (KOSPI) wrapped up Tuesday's trading session above 8,000 points, as foreign investors returned to net buyers of local stocks on expectations that the United States and Iran may be nearing a deal to end the war in the Middle East.
Lois Maskiell is a journalist and producer in the ABC Canberra newsroom. She has also worked as a reporter and homepage editor at The Australian Financial Review in Sydney.