As its firms look overseas, China overtakes US to become top foreign investor in Germany
Deteriorating transatlantic relationship and high energy and labour costs are making American firms think twice before moving into German market
· Xiaofei Xu
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Newest first · UTC+11:00Barclays sells all shares in Israeli weapons firm Elbit amid pro-Palestinian pressure
British banking giant Barclays has sold all of its investment shareholdings in Israel’s largest weapons company Elbit Systems Ltd.
· Middleeasteye
Air France 2009 crash verdict sparks mixed emotions among victims’ families
Seventeen years after the Atlantic disaster, an appeals court delivers a corporate blow that some relatives say stops short of true justice
· Associated Press
Air France 2009 crash verdict sparks mixed emotions among victims’ families
Seventeen years after the Atlantic disaster, an appeals court delivers a corporate blow that some relatives say stops short of true justice
· Associated Press
NATO chief says Hormuz Strait 'not necessarily our problem as an alliance'
NATO Secretary General Mark Rutte said that the Strait of Hormuz, a critical waterway for world energy trade, is an "issue for member states of the alliance - but not for NATO as an alliance".
· Middleeasteye
Korea's SpaceX-linked shares surge ahead of blockbuster IPO
With Elon Musk’s rocket company SpaceX set to make its record-breaking stock market debut next month, South Korean stocks tied to the firm have rallied sharply on expectations surrounding what could become the world's largest initial public offering.
· Im Eun-byel
Japanese stocks hit record high on hopes for Iran resolution
The benchmark Nikkei Stock Average ended the day at 63,339.07, jumping over 1600 points. (File photo by Nozomi Okubo)
· JADA NAGUMO
Ticketmaster enters Philippines through SM Prime partnership
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· Tati Maligro
Big Hits: Aldoro Resources, Pantoro Gold and Mithril Silver & Gold fire up
Bulls N’ Bears Big Hits looks at notable drill intercepts recently reported to the ASX, led by Aldoro Resources’ huge 503.98m critical metals intercept in Namibia. Pantoro Gold also jagged gold up to 189.84g/t at Norseman, while Mithril struck 9.65m at 7g/t gold and 370g/t silver at Copalquin in Mexico. So let’s div…
· Doug Bright
From ISIS To Finance Bro: Syria's Sharaa To Attend G7 Summit In France
Syria continues stepping out of the geopolitical wilderness, now apparently onto the highest-stakes stage in international finance. Or rather, the reality is that Washington's post-Assad Al Qaeda in suits makeover of 'former' terror leader Ahmed al-Sharaa has reached its peak.
· Tyler Durden
Israeli company invests in hub to make New Jersey 'new Silicon Valley' for foreign start ups
An Israeli company will work alongside the state of New Jersey to create a "new Silicon Valley" in the state, with a technology hub announced last week that aims to bring artificial intelligence and high-tech companies to the United States.
· IDAN KWELLER
Hong Kong trade office can continue ‘legitimate activity’, UK official tells critical MPs
UK government resists calls to revoke Hong Kong trade office privileges after spy case, but insists it will act against any threat to security
· William Yiu
Hong Kong trade office can continue ‘legitimate activity’, UK official tells critical MPs
UK government resists calls to revoke Hong Kong trade office privileges after spy case, but insists it will act against any threat to security
· William Yiu
SEC imposes 10-year cumulative term limit for broker directors
This is AI generated summarization, which may have errors. For context, always refer to the full article.
· Tati Maligro
ASX Runners of the Week: Hydrix, KTEK Aerosystems, Anteotech & Castle
After the bloodshed of last week’s budget, Australian markets have calmed a little this week. Aided by US President Trump’s latest truth social tirade, the temperamental leader of the free world suggested that the US and Iran were once again in the “final stages” of negotiations.
· Andrew Todd
From BYD to Xpeng, memory chip crunch squeezes China's automakers
A cutaway model of a Xpeng's new flagship SUV GX. Chinese automakers are grappling with shortages and surging costs of memory chips. © Reuters
· Staff Writer
European stocks set to rise as investors weigh Iran war's economic impact
Shares listed in Europe look set to move higher at the open on Friday, with the U.S.-Iran war and economic data in focus.
· Chloe Taylor
Novaluxia holds major leadership and community summit at Okada Manila
NOVALUXIA Innovation Corp. recently gathered hundreds of business leaders, Key Opinion Consumers (KOCs), strategic partners, and community members for its flagship event, the 2026 KOC Grand Assembly & Nova Chief Co-Creation Officer Signing Ceremony, held at the Grand Ballroom of Okada Manila on May 9, 2026.
· The Manila Times
China’s commerce chief Wang Wentao expected in Brussels on June 29 and 30: sources
As trade differences continue to bite between Beijing and the European Union, could a face-to-face meeting help to ease tensions?
· Finbarr Bermingham
China’s commerce chief Wang Wentao expected in Brussels on June 29 and 30: sources
As trade differences continue to bite between Beijing and the European Union, could a face-to-face meeting help to ease tensions?
· Finbarr Bermingham
Stephen Colbert hosts Late Show finale after controversial cancellation
The top-rated host signs off from CBS with a defiant farewell following a politically charged corporate axing
· Agence France-Presse
Stephen Colbert hosts Late Show finale after controversial cancellation
The top-rated host signs off from CBS with a defiant farewell following a politically charged corporate axing
· Agence France-Presse
AIIB offers up to US$10 billion to support members hit by Iran war fallout
The new facility will help nations deal with urgent energy, food and economic resilience needs, according to the bank
· Xiaofei Xu
AIIB offers up to US$10 billion to support members hit by Iran war fallout
The new facility will help nations deal with urgent energy, food and economic resilience needs, according to the bank
· Xiaofei Xu
‘Like trying to become a gyros chain in Athens’: what went wrong for GyG in America
It shouldn’t be a surprise that selling burritos back to the Yanks proved to be so financially unpalatable for Guzman y Gomez and its investors. The real shock is that so many people bought into the vision when the chain listed on the ASX two years ago.
· Colin Kruger
Chinese vape makers monopolize German market but face regulatory wrath
Some vape manufacturers target women with colorful vapes, some of which are made to look like lipsticks. (Photo by Jens Kastner)
· JENS KASTNER
Indonesia launches major trade takeover for key commodities
Tug boats pull barges fully loaded with coal on the Mahakam river in Samarinda, East Kalimantan, Indonesia, on Dec. 19, 2022. (AP Photo/Dita Alangkara, File)
· Edna Tarigan
Gatchalian calls for calm, responsible discourse as political noise threatens economy
SENATOR Win Gatchalian appealed for political sobriety and responsible public discourse to safeguard the economy and restore investor confidence amid escalating political rhetoric.
· The Manila Times
Flagship bags A$2.75M for multi-million-ounce Chilean gold project
Flagship Minerals has secured firm commitments for A$2.75 million in a strategic placement to fast-track its newly upgraded flagship Isidora gold project in Chile. The key capital raise will directly fund upcoming technical workstreams and engineering feasibility studies.
· Murray Ward
A health bill is coming, and it's entirely predictable
Products & ServicesOpen Products & Services section
China’s SMIC clears final hurdle for US$6 billion takeover of SMNC
SMNC is to become a wholly owned subsidiary of SMIC, boosting the semiconductor manufacturer’s prowess and market position
· Howard Liu
China’s SMIC clears final hurdle for US$6 billion takeover of SMNC
SMNC is to become a wholly owned subsidiary of SMIC, boosting the semiconductor manufacturer’s prowess and market position
· Howard Liu
ASEAN manufacturers shed jobs as Iran war impact deepens
Workers assemble furniture parts for export to the U.S. at Corporate Specialist's plant in Muar, Malaysia: Executives say more than 100 local companies have closed recently. © AP
· Staff Writer
Lenovo shares jump 15% on record earnings as AI revenue nearly doubles
Shares of Lenovo surged over 15% on Friday, after the personal computer and electronics giant posted strong revenue growth powered by its growing artificial intelligence business.
· Dylan Butts
Crypto bros, scalpers and Logan Paul: Inside the world of Pokémon where cards are sold for millions
When I was a kid in the late 90s, collecting Pokémon cards was a fun hobby. I'd buy packs, hoping to get the rarest "shinies," or holographic cards. We'd trade with friends and even go to meet-ups to trade cards trying to "catch 'em all" —a catchphrase that defined the franchise that had gone from Nintendo Game Boy …
· Arjun Kharpal
Players need incentive to live in PNG compound, says Albanese
Prime Minister Anthony Albanese has backed the tax exemption that stands to make PNG Chiefs the financial superpower of the NRL, as Wests Tigers joined the race for the Chiefs’ latest target, Connor Watson.
· Chris Barrett
[In This Economy] Stagflation by any other name would smell as bad
This is AI generated summarization, which may have errors. For context, always refer to the full article.
· gdecastro0289
Clarity needed on Iran war before states tap into oil reserves, French Finance Minister says
France's Finance Minister said that governments should first have clarity on the duration of the war on Iran before releasing oil reserves.
· Middleeasteye
AMD CEO says unexpected CPU demand surge to last 5 years
Lisa Su, CEO of U.S. chipmaker AMD, attends a forum in Taipei on May 22. © Reuters
· Staff Writer
‘Huge validation’: Trump administration backs Aussie quantum tech
The Trump administration’s portfolio of strategic technology companies has expanded across the Pacific, with the US government taking equity stakes in two Australian-founded quantum computing pioneers as part of a $US2 billion ($2.8 billion) funding round.
· David Swan
Ethylene plant operating rate hits record low in Japan
The ethylene plant operating rate in Japan hit a record low of 67.3% in April, the Japan Petrochemical Industry Association said Thursday.
· No Author
Trump heads to New York to show support for Rep. Mike Lawler
President Donald Trump attends an event about loosening a federal refrigerant rule, in the Oval Office at the White House, Thursday, May 21, 2026, in Washington. (AP Photo/Jacquelyn Martin)
· Seung Min Kim
Indian telecom major Bharti Airtel is doubling down on overseas businesses
India's second-largest telecom company, Bharti Airtel, is doubling down on its Africa and U.K. bets, joining a growing number of companies from the South Asian country that are looking to expand their global footprints.
· Priyanka Salve
China’s vast new canal link to Southeast Asia set to open earlier than expected
The Pinglu Canal – a US$10 billion waterway connecting China’s heartlands to the Gulf of Tonkin – will begin trial operations as soon as September
· Alice Li
China’s vast new canal link to Southeast Asia set to open earlier than expected
The Pinglu Canal – a US$10 billion waterway connecting China’s heartlands to the Gulf of Tonkin – will begin trial operations as soon as September
· Alice Li
New mortgage loans per borrower hit record high in Q1: BOK
SEOUL, May 22 (Yonhap) -- New mortgage loans per borrower rose to a record high in the first quarter despite the government's tightened regulations to cool the overheated housing market, central bank data said Friday.
· Kim Boram
UAE-Oman trade corridors vital for transport of essential cargo as Hormuz remains closed | The National
Newly opened trade corridors between the UAE and Oman are playing a critical role in the transport of essential and time-sensitive cargo, as the Strait of Hormuz remains closed as a result of Iran war.
· Fareed Rahman
UK-Gulf deal is a shot in the arm for free trade | The National
At first glance, little seems to connect disparate items such as medical equipment, luxury cars, chocolate or butter. This week, however, four years of talks and a 2,000-page agreement brought them together. Such goods may be among the cheaper, more available British exports on sale in the Gulf as part of a mileston…
· The National Editorial
Dateline taps global project manager for California gold push
Dateline Resources has taken a big jump towards gold production in North America, appointing global project management heavyweight Alvarez & Marsal (A&M) to coordinate construction at its wholly owned Colosseum gold project in California.
· Murray Ward
US-China trade talks back in focus at APEC meeting
A crew member works on a container ship docked at Yangshan Port outside of Shanghai in June 2025. © Reuters
· Staff Writer