April’s inflation spike is no cause for panic — but only to finish off Iran fast
Word that inflation hit 3.8% last month is bad news, but not grim: The main cause is obvious, and it won’t last.
· Post Editorial Board
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Newest first · UTC+11:00Lee visits traditional market in Seongnam, meets merchants and shoppers
SEOUL, May 14 (Yonhap) -- President Lee Jae Myung visited a traditional market in the city of Seongnam on Thursday to meet merchants and shoppers and check local economic conditions, his office said.
· Oh Seok-min
150 brands join sari-sari store convention
MANILA, Philippines — Puregold opened its 2026 Tindahan Ni Aling Puring (TNAP) Sari-Sari Store Convention on Thursday at the World Trade Center in Pasay City, bringing together a record 150 participating brands as small store owners continue to face rising prices of basic goods.
· James Daniel Danio
Cameroon uncovers more than 200 illegal gold mines, mostly foreign-owned
An investigation into Cameroon’s gold sector has uncovered more than 200 illegal artisanal mining companies, most of them foreign-owned, the country’s mines ministry said on Wednesday.
· AfricaNews
Who are the US CEOs in China with Trump, and what’s in it for them?
More than a dozen United States business leaders have joined President Donald Trump on his state visit to China, where he is discussing issues including trade, technology and artificial intelligence (AI) with Chinese President Xi Jinping.
· Al Jazeera
Aldar acquires Dubai property in $300m deal to boost rental income | The National
Aldar Properties, Abu Dhabi’s biggest listed developer, has acquired a residential development in Dubai for Dh1.1 billion ($300 million), as it continues to expand its rental portfolio across the Emirates.
· Sarmad Khan
China’s credit demand weak in April despite policy support and strong industrial profits
Lending growth slows as borrowing demand from households and businesses remains weak
· Karen Tian
China’s credit demand weak in April despite policy support and strong industrial profits
Lending growth slows as borrowing demand from households and businesses remains weak
· Karen Tian
Chinese companies are ramping up homegrown AI chips, even if Nvidia is coming back
Production of Chinese chips could ramp up this year, as executives at the country's biggest tech companies look to deploy more homegrown technology — as it's reported U.S. chip giant Nvidia could return.
· Arjun Kharpal
Trump, Xi Put Hormuz, Iran, Trade, Taiwan At Center Of Historic Beijing Summit
President Trump and Chinese President Xi Jinping are currently seated at the main table at a state banquet. President Xi called the visit historic, and said U.S.-China ties are "stable" amid talks with Trump's team.
· Tyler Durden
Versant reports first-quarter revenue decline, with bright spots in platforms and licensing
Versant Media Group on Thursday unveiled results for its most recent quarter — its first as a standalone company after separating from Comcast's NBCUniversal and beginning to trade on the Nasdaq earlier this year.
· Lillian Rizzo
President Sheikh Mohamed and Syria's Al Shara discuss economic ties in call | The National
President Sheikh Mohamed and Syrian President Ahmad Al Shara discussed efforts to bolster economic and investment ties in a phone call on Thursday.
· The National
Chow Tai Fook turns from tenant to owner with US$51 million Hong Kong school property deal
Cheng family entities acquire DSC International School site, with the purchase a bet on demand for international schools in city: analysts
· Peggy Ye
Chow Tai Fook turns from tenant to owner with US$51 million Hong Kong school property deal
Cheng family entities acquire DSC International School site, with the purchase a bet on demand for international schools in city: analysts
· Peggy Ye
Our incredibly wealthy world can easily afford to end poverty | The National
International humanitarian solidarity – life-preserving assistance from one country to another following catastrophes – is under great stress. On one hand are the growing needs arising from more and longer wars fought with lessening restraint, and from intensifying climate disasters. On the other hand, the shock-abs…
· Mukesh Kapila
Angus Taylor vows to index tax brackets to inflation in $22.5bn budget reply measure
Indexation would start in 2028-29 with the two lower tax brackets for workers earning under $135,000
· Tom Mcilroy
Globe expands data centers as PLDT maintains lead in capacity
This is AI generated summarization, which may have errors. For context, always refer to the full article.
· Angelo Gonzales
(URGENT) Trump says he extends invitation to Xi to visit White House on Sept. 24
(2nd LD) Trump arrives in Beijing for summit talks with Xi on trade, Iran, Taiwan, other topics
· Song Sang-ho
Eneos to buy Chevron’s Singapore refinery stake, Asian assets for $2.2 billion
This is AI generated summarization, which may have errors. For context, always refer to the full article.
· Jee Geronimo
Boeing nears ‘large’ China orders as Trump and Xi forge new trade board: Bessent
Washington and Beijing will discuss the board to manage commercial ties
· Xiaofei Xu
Boeing nears ‘large’ China orders as Trump and Xi forge new trade board: Bessent
Washington and Beijing will discuss the board to manage commercial ties
· Xiaofei Xu
Trade minister raises concerns over EU steel safeguards, Mexico tariffs
Trade Minister Yeo Han-koo has conveyed Seoul's concerns over the European Union's tougher steel safeguard plan and Mexico's tariff hike during his visit to the regions, the ministry said Thursday.
· Yonhap
Ship seized off UAE's Fujairah being pulled toward Iranian waters
The United Kingdom Maritime Trade Operations (UKMTO) said on Thursday it received a report of an incident 38 nautical miles (70 km) northeast of the United Arab Emirates port of Fujairah.
· REUTERS
Where to find employees when LinkedIn isn’t working
LinkedIn is exhausting these days, y’all.
· Barret Wertz
Israel’s Smotrich leads settler raid into Joseph’s Tomb in the occupied West Bank
Hundreds of Israeli settlers, led by Finance Minister Bezalel Smotrich, stormed Joseph’s Tomb in the occupied West Bank city of Nablus on Wednesday.
· Middleeasteye
War, inflation and Trump’s tariffs have shaken the US. Why does the stock market keep going up?
Wall Street has proved incredibly resilient to instability, and while consumer confidence has dipped, shares have soared
Israel’s Smotrich leads settler raid into Joseph’s Tomb in the occupied West Bank
Hundreds of Israeli settlers, led by Finance Minister Bezalel Smotrich, stormed Joseph’s Tomb in the occupied West Bank city of Nablus on Wednesday.
· Middleeasteye
A bursary helped Joseph become a doctor. He fears trust changes will deny others that opportunity
Dr Joseph De Zylva didn’t grow up rich. His family, he says, were likely below the poverty line. His school supplies in high school came from a bursary that set him on the path to university, and medicine.
· Millie Muroi, Bridget McArthur
Penrith knock back request to let stars test market early as PNG prepare to strike
Penrith have knocked back overtures made on behalf of some of the club’s biggest names – including superstar halfback Nathan Cleary – about the prospect of speaking to rival clubs before they officially become free agents on November 1.
· Adrian Proszenko
Cheng family’s NWD slumps after admitting 11 Skies, new investor plans stalled
The beleaguered developer is reportedly trying to offload the 11 Skies project and secure fresh investment to improve its balance sheet
· Zhang Shidong
Cheng family’s NWD slumps after admitting 11 Skies, new investor plans stalled
The beleaguered developer is reportedly trying to offload the 11 Skies project and secure fresh investment to improve its balance sheet
· Zhang Shidong
Trump-Xi summit live: Chinese Premier Li Qiang meets US business leaders
Chinese Premier Li Qiang meets with U.S. business representatives including Apple CEO Tim Cook at the Great Hall of the People in Beijing on May 14. © Reuters
· Staff Writer
Antony Catalano makes next business move, steps down from investment vehicles
After the former Domain CEO Antony Catalano was charged with allegedly assaulting his wife, the real estate executive turned regional media entrepreneur was placed on leave from his positions at Australian Community Media and View Media Group.
· Fiona Byrne, John Buckley
Live updates: Starmer rivals expected to ramp up efforts to unseat him
In a speech to lawmakers laced with all the pomp that accompanies the ceremonial opening of Parliament, the king said the U.K.'s economic, energy and national security would be tested as it deals with the fallout from the wars in Iran and Ukraine. The question is whether Prime Minister Keir Starmer will be around to…
Samsung union’s strike threat fuels fears of South Korea’s economic slowdown
The AI boom and SK Hynix’s profit-sharing arrangement with its workers have reportedly galvanised Samsung’s biggest union to take action
· Park Chan-kyong
Samsung union’s strike threat fuels fears of South Korea’s economic slowdown
The AI boom and SK Hynix’s profit-sharing arrangement with its workers have reportedly galvanised Samsung’s biggest union to take action
· Park Chan-kyong
(URGENT) U.S., China discussed economic cooperation, including expanding market access for U.S. businesses, increasing Chinese investment: White House official
(2nd LD) Trump arrives in Beijing for summit talks with Xi on trade, Iran, Taiwan, other topics
· Song Sang-ho
Foxconn expects Q2 to beat slow season, war uncertainty thanks to AI boom
Foxconn’s AI server rack segment is expected to see high double-digit growth for the current quarter. © Reuters
· Staff Writer
(URGENT) U.S., China agreed Iran can never have nuclear weapon: White House official
(2nd LD) Trump arrives in Beijing for summit talks with Xi on trade, Iran, Taiwan, other topics
· Song Sang-ho
(URGENT) U.S., China agree Strait of Hormuz must remain open during Trump-Xi summit: White House official
(2nd LD) Trump arrives in Beijing for summit talks with Xi on trade, Iran, Taiwan, other topics
· Song Sang-ho
Hong Kong’s economic figures look good but business unease is rising
Hong Kong’s economic recovery is intact, but it would be folly to ignore the rising prices and uncertainty flowing from the Middle East
· Bernard Chan
Hong Kong’s economic figures look good but business unease is rising
Hong Kong’s economic recovery is intact, but it would be folly to ignore the rising prices and uncertainty flowing from the Middle East
· Bernard Chan
Abu Dhabi’s L’imad and Adnoc join global investors in $30bn infrastructure partnership | The National
A team of global investors including Abu Dhabi sovereign wealth fund L’imad and Adnoc are partnering to make infrastructure investments of $30 billion across the Gulf and Central Asia.
· Shweta Jain
Trade wars to extended truce: Analysts expect ‘stabilization’ in U.S.-China ties as Trump-Xi meet
As the world watches U.S. President Donald Trump and Chinese leader Xi Jinping's historic summit, analysts suggest it could mark a reset in ties between the world's top two economies.
· Anniek Bao
Trade minister raises concerns over EU steel safeguards, Mexico tariffs
SEOUL, May 14 (Yonhap) -- Trade Minister Yeo Han-koo has conveyed Seoul's concerns over the European Union (EU)'s tougher steel safeguard plan and Mexico's tariff hike during his visit to the regions, the ministry said Thursday.
· Kim Na-young
Lopez majority withdraws move to oust Piki Lopez
This is AI generated summarization, which may have errors. For context, always refer to the full article.
· gdecastro0289
Vessel seized near UAE’s Fujairah, now heading towards Iranian waters
A vessel being “taken by unauthorised personnel” near the UAE’s Fujairah, according to the United Kingdom Maritime Trade Operations (Ukmto) Centre.
· Middleeasteye
UK economy grew faster than expected in March
The UK's economy grew faster than expected in March, despite the month seeing the first impact of the Iran war.
· Emer Moreau
Geely, Xiaomi lead the pack: battery EVs top China sales on rising oil costs
Battery EVs take nine of top 10 sales spots amid surging oil prices, giving local brands the edge and pushing Tesla down April charts
· Themis Qi
Geely, Xiaomi lead the pack: battery EVs top China sales on rising oil costs
Battery EVs take nine of top 10 sales spots amid surging oil prices, giving local brands the edge and pushing Tesla down April charts
· Themis Qi