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
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Newest first · UTC+11:00New 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
China calls for APEC cooperation as commerce minister skips opening over ‘urgent official business’
SUZHOU, China — Li Chenggang, China's international trade representative, opened the Asia-Pacific Economic Cooperation trade ministers' meeting on Friday with a call for regional economies to "send a strong message to the world" in support of cooperation.
· Evelyn Cheng
Guzman y Gomez exits US after succumbing to ‘graveyard’ for Australian fast food chains
Company founder Steven Marks says US stores will close as it can no longer justify cost of trying to break into crowded market
· Jonathan Barrett
South Korea's cosmetics trade surplus tops $10 bln for 1st time in 2025
South Korea's trade surplus in cosmetic products exceeded $10 billion for the first time last year, government data showed Friday, marking a significant milestone for the country's K-beauty industry.
· Yonhap
‘Cash is king’: Hong Kong, mainland Chinese firms hoard reserves as growth options narrow
Cash holdings rise among traditional firms listed in Hong Kong and Shanghai as productive places to deploy capital dwindle, analysts say
· Zhang Shidong
‘Cash is king’: Hong Kong, mainland Chinese firms hoard reserves as growth options narrow
Cash holdings rise among traditional firms listed in Hong Kong and Shanghai as productive places to deploy capital dwindle, analysts say
· Zhang Shidong
Tim Wilson on the Liberals’ economic vision - podcast
In his biggest address so far, shadow treasurer Tim Wilson described the federal budget as an ‘economic earthquake’ at the National Press Club this week.
Paul Merson tells Arsenal to ‘be like McDonald’s’, fears Aston Villa have reached limit
Former England forward urges Gunners to build from position of strength, says financial restrictions will cap Villa ambitions
· Paul McNamara
Paul Merson tells Arsenal to ‘be like McDonald’s’, fears Aston Villa have reached limit
Former England forward urges Gunners to build from position of strength, says financial restrictions will cap Villa ambitions
· Paul McNamara
Reeves allies unleash on Miliband in battle for Britain’s Treasury
LONDON — Chancellor Rachel Reeves must not be “torpedoed” if Keir Starmer is removed as Britain’s prime minister, her allies are warning — as they unleashed a barrage of criticism against a would-be successor as Britain’s top finance minister.
· Sam Blewett
Lee's approval rating rebounds to 64 percent: poll
SEOUL, May 22 (Yonhap) -- President Lee Jae Myung's approval rating rebounded to 64 percent this week from the previous week, led by positive assessments of his economic policies, a poll showed Friday.
· Yi Wonju
Guzman y Gomez shares surge as much as 20% after fast-food chain says it will exit U.S. market
Shares of Guzman y Gomez rose as much as 20.58% on Friday, after the Mexican-themed fast-food chain said it would exit the U.S. market and refocus on Australia.
· Justina Lee
Iran and Oman in Talks Over Strait of Hormuz Ship Payment System
The discussions suggest that the United States and the Iranian government may not be close to reaching a deal to end a war that has badly damaged the global economy.
· Ephrat Livni
Do robotic lawnmowers actually work and are they worth the investment?
Fri 22 May 2026 at 11:24am
· Amy Sheehan
South Korea's cosmetics trade surplus tops US$10 bln for 1st time in 2025
SEOUL, May 22 (Yonhap) -- South Korea's trade surplus in cosmetic products exceeded US$10 billion for the first time last year, government data showed Friday, marking a significant milestone for the country's K-beauty industry.
· Kim Han-joo
Govt. to supply 90,000 rental homes in greater Seoul area for youths by 2027
Finance Minister Koo Yun-cheol said Friday the government plans to supply some 90,000 rental housing units for young people in the greater Seoul area by 2027, as part of broader efforts to stabilize the housing market and improve living conditions for youths.
· Yonhap
If Australia is home to an AI gold rush, let’s not squander it. Let’s fjord a different path | Peter Lewis
Tech titans appear to be cosying up to Canberra with an eye to training data models here. An AI wealth fund could share in the profits
· Peter Lewis Australia
Loss coverage, tax break-armed fund goes on sale
SEOUL, May 22 (Yonhap) -- An investment fund offering tax break and loss coverage began to be offered to the public on Friday with the goal of generating upward of 600 billion won (US$397 million) in sales, the country's financial regulator said.
· Park Sang-soo
SoftBank extends scorching rally, surging over 12%, as investors crowd into AI trade
SoftBank Group shares extended their scorching rally to a second day, rising over 12% Friday, and building on momentum after Nvidia's blockbuster earnings boosted AI-linked stocks.
· Lee Ying Shan
From Fiji to French Polynesia, how Pacific islands are uniquely vulnerable to the oil crisis
The reliance of island countries and territories on imported oil is expected to hit economic growth and increase inflation
· Josh Nicholas
Gov't to supply 90,000 rental homes in greater Seoul area for youths by 2027
SEOUL, May 22 (Yonhap) -- Finance Minister Koo Yun-cheol said Friday the government plans to supply some 90,000 rental housing units for young people in the greater Seoul area by 2027, as part of broader efforts to stabilize the housing market and improve living conditions for youths.
· Kim Boram
Fans react to Stephen Colbert’s final show
Fans lined up outside the Ed Sullivan Theater one last time for “The Late Show” as Stephen Colbert prepared to host his final episode, marking the end of the franchise’s 33-year run on CBS. The network announced last summer that the show would end, calling it “purely a financial decision against a challenging backdr…
It's Not Iran Trapping Ships In The Hormuz, It's The Insurance Risk
Is the Iranian regime the immediate barrier to oil tankers seeking to exit the Strait of Hormuz, or is it fear of liability that's keeping shipping companies at bay?
· Tyler Durden
Consumer sentiment rises at sharpest pace in 1 yr in May on robust chip exports, stock rally
Consumer sentiment rose at the fastest pace in about a year in May, driven by robust semiconductor exports and the stock market rally, the central bank said Friday.
· Yonhap
U.N. World Food Program chief thanks Japan amid funding shortfall
Cindy McCain, executive director of the U.N. World Food Program, expressed appreciation for Japan’s continued contributions during her visit to the country this week as the organization struggles with financial difficulties.
· No Author
Hong Kong’s seafood whisperer Peter Kam takes us on a pre-dawn tour of the city’s premier fish market
PostMag gains rare entry into Aberdeen’s Wholesale Fish Market with the men who supply many of Hong Kong’s Michelin-starred kitchens and the chef who helm them – just days before the annual fishing moratorium
· Hei Kiu Au
Hong Kong’s seafood whisperer Peter Kam takes us on a pre-dawn tour of the city’s premier fish market
PostMag gains rare entry into Aberdeen’s Wholesale Fish Market with the men who supply many of Hong Kong’s Michelin-starred kitchens and the chef who helm them – just days before the annual fishing moratorium
· Hei Kiu Au
[OPINION] Globe Telecom continues to sizzle with strong Q1 performance
This is AI generated summarization, which may have errors. For context, always refer to the full article.
· gdecastro0289
How Fanatics cornered the sports collectibles market
Fanatics is set to displace Panini as the exclusive licensee of FIFA's collectibles in 2031, following an agreement with FIFA over the licensing rights for World Cup soccer collectibles.
· Matthew Chin
Maritime body says threat level in Hormuz Strait 'critical'
The UK’s Maritime Trade Operations (UKMTO) organisation classified the threat level in the Strait of Hormuz as "critical", warning that there is a risk of "attack or miscalculation" in the waterway.
· Middleeasteye
Japan inflation softens more than expected in April, weakening case for BOJ rate hike
Japan's core inflation eased more than expected in April, coming in at 1.4%, potentially weakening the case for an early rate hike by the Bank of Japan.
· Lim Hui Jie
16 dead after gunmen open fire in 2 separate attacks in Honduras
6 police officers were among the dead. Honduras struggles with high rates of crime linked to gangs and the transnational drug trade
· Associated Press
16 dead after gunmen open fire in 2 separate attacks in Honduras
6 police officers were among the dead. Honduras struggles with high rates of crime linked to gangs and the transnational drug trade
· Associated Press
Mazda's 'inchworm' brand strategy hinges on transformed dealerships
Mazda's new-generation showrooms feature dark interior color palettes to convey sophistication and approachability. (Photo by Mayumi Tsumita)
· Staff Writer
AI boom fuels US$11.6b data centre investment in Asia-Pacific as Hong Kong eyes niche role
Adoption remains selective as some landlords are still cautious, especially when tenant credit profiles are less established
· Cheryl Arcibal
AI boom fuels US$11.6b data centre investment in Asia-Pacific as Hong Kong eyes niche role
Adoption remains selective as some landlords are still cautious, especially when tenant credit profiles are less established
· Cheryl Arcibal
China moves to secure critical mineral supply chain with sweeping new framework
New law coordinates control over the full supply chain as Beijing frames minerals as a national security priority
· Frank Chen
China moves to secure critical mineral supply chain with sweeping new framework
New law coordinates control over the full supply chain as Beijing frames minerals as a national security priority
· Frank Chen
Daniel Boulud’s Le Pavillon celebrates 5th anniversary — and deserves credit for saving NYC dining from pandemic
See more of our coverage in your search results.
· Steve Cuozzo
Turkey Markets Crash After Court Unseats Opposition Head In Latest Erdogan Power Grab
Shortly after we learned that Turkey had sold virtually all of its Treasuries in March to defend the lira after the Iran war broke out, the country was thrown into fresh political turmoil on Thursday when a Turkish court removed the leader of the country’s main opposition party in a landmark ruling that triggered a …
· Tyler Durden
Kathy Wylde back in middle of Wall Street’s tense talks with NYC’s left-leaning pols — and it’s awkward: ‘Nothing official’
See more of our coverage in your search results.
· Charles Gasparino
We Are 6 Months From Global Food Shortages Because Farmers Are Facing A Quadruple Whammy Crisis
Authored by Michael Snyder via TheMostImportantNews.com,
· Tyler Durden
SpaceX’s whopping US$75 billion IPO sparks liquidity fears as Fed rate-increase odds rise
The blockbuster offering’s repercussions could be far-reaching, drawing capital away from Hong Kong and the broader Asia-Pacific region
· Zhang Shidong
SpaceX’s whopping US$75 billion IPO sparks liquidity fears as Fed rate-increase odds rise
The blockbuster offering’s repercussions could be far-reaching, drawing capital away from Hong Kong and the broader Asia-Pacific region
· Zhang Shidong
(EDITORIAL from Korea Herald on May 22)
History mispricedStarbucks Korea's marketing fiasco turns national trauma into financial, legal risk
· Woo Jae-yeon