A focused view of neutral reporting on Business & Economy, brought together across publishers.
Explore all topics →
LAPU-LAPU CITY — Cebu stood at the center of regional diplomacy and climate strategy as Asean and European leaders gathered for summit-linked meetings that merged economic talks with sustainability commitments at the 48th Asean Summit and Related Meetings.
SEOUL, May 8 (Yonhap) -- Trade Minister Yeo Han-koo said Friday he will visit Mexico next week as part of a concerted effort to broaden outreach for the resumption of free trade agreement (FTA) negotiations between South Korea and Mexico.
Vietnam’s drive to energise its economy may take time to materialise in the face of rising fuel costs and trade barriers, analysts say
Vietnam’s drive to energise its economy may take time to materialise in the face of rising fuel costs and trade barriers, analysts say
A Seoul weekend between spring and summer can slip into very different moods --depending on what you’re after. For a sporty reset, the revamped track along Anyangcheon in Mokdong offers a fresh, open stretch for runners. Or lean into the city’s culinary charm at Tongin Market, where the beloved Coin Lunch Box Cafe t…
Mayor Zohran Mamdani’s “tax the rich” posturing just cost the city some good jobs, significant economic activity and hefty tax revenue from two power players — Citadel and Apollo Global Management.
A general view of the 18th hole flag pole during the first round of LIV Golf Jeddah at the Royal Greens Golf & Country Club, Friday, March 1, 2024 in King Abdullah Economic City, Saudi Arabia. (Matthew Harris/LIV Golf via AP, File)
Welcome to The California Post’s weekly Dodgers recap, where baseball writers Dylan Hernández and Jack Harris review the week that was, hand out very official awards and take stock of the state of the season.
Macquarie Group has reduced the share of profits paid to key senior leaders including chief executive Shemara Wikramanayake, citing accountability for regulatory matters, after the bank also faced an investor backlash on executive pay last year.
Cloudflare is axing more than 1,100 employees in a worldwide bloodbath as the San Francisco tech giant dramatically restructures. Founders told staff that the company’s internal use of artificial intelligence has exploded more than 600% in just three months.
Property News: Australia's most popular suburbs in every capital city.
Cantopop singer Kay Tse’s two-decade career has been built on authenticity, a commitment to social issues and her love of Hong Kong
Cantopop singer Kay Tse’s two-decade career has been built on authenticity, a commitment to social issues and her love of Hong Kong
Rita Saffioti is warning global economic headwinds are gaining strength. (ABC News: Andrew O'Connor)
President Donald Trump ordered 10 per cent tariffs on most imports to the US earlier this year. (AP: Matt Rourke)
The US trade court on Thursday ruled against President Trump’s latest 10% global tariffs, finding across-the-board tariffs were not justified under a 1970s trade law.
A federal court on Thursday ruled that President Donald Trump unlawfully used Section 122 of the Trade Act of 1974 to impose a 10 percent global tariff — a backup plan the president implemented after the Supreme Court struck down his more sweeping worldwide tariffs earlier this year.
WASHINGTON, May 7 (Yonhap) -- The U.S. trade court ruled Thursday against President Donald Trump's 10 percent global tariffs in another legal setback to his trade policy, as his administration is already working to replace its emergency duties struck down by the Supreme Court in February.
Cloudflare reported first-quarter earnings Thursday that beat analysts' expectations, but shares fell 18% in extended trading as the company announced a 20% reduction in its workforce.
Real test behind market surgeRally highlights need for capital market reform in Korea
Time to weigh risksInflation, debt risks mount as Korea's stock markets celebrate historic highs
Bernadette Angus says a banking hub would help remote residents by providing culturally appropriate services. (ABC Kimberley: Esse Deves)
Trump also issues new deadline for EU to implement trade deal terms before raising tariffs to ‘much higher levels’
The U.S. and Iran opened fire in the Strait of Hormuz, with each side claiming the other initiated the attack.
President Donald Trump adjusts his microphone while speaking during an event for military mothers in the East Room of the White House, Wednesday, May 6, 2026, in Washington. (AP Photo/Julia Demaree Nikhinson)
SpaceX’s looming IPO is set to mint more new billionaires than any liquidity event in history. Investors and employees are rushing to prepare for the windfall.
WASHINGTON — US President Donald Trump said on Thursday he would give the European Union until July 4 to implement trade deal commitments before he raises tariffs on EU goods including cars to "much higher levels."
The Australian share market has closed sharply lower, experiencing the biggest one-day fall in seven weeks and a near-$50 billion wipeout as oil prices rose on reports of fresh trouble in the Middle East.
Nissan Shatai makes sport utility vehicles for parent Nissan Motor. © Reuters
Ken Griffin, the billionaire chief of the Citadel Investment empire, recently expressed his amazement at how President Donald Trump has had the fortitude to survive multiple assassination attempts while still bringing his A-game for the American people.
President Donald Trump has threatened "much higher" tariffs on the European Union (EU) by 4 July if the bloc fails to drop its levies on the US to zero.
Shake Shake’s shares tumbled 30% on Thursday after it blamed disappointing financial results on bad weather, high beef prices and tourism declines.
BMW chose Beijing for the world premiere of its refreshed flagship 7 Series in April. (Photo by Tomoko Wakasugi)
A historic Hamptons saltbox home that predates the Declaration of Independence just hit the market in Sagaponack, NY, after undergoing a meticulous restoration that breathed new life into its 280-year-old bones—while carefully maintaining its original charm and character.
Iran can withstand the US naval blockade against it for three or four more months before facing severe economic hardship, the CIA told the Trump administration this week, according to a report by The Washington Post on Thursday.
Coinbase posted lower-than-expected results for the first quarter as crypto prices fell, weighing on one of the companies' major revenue drivers — spot trading in digital assets .
The U.S. stock market fell from its records after oil prices yo-yoed.
The president threatened to raise tariffs to “much higher levels” on the EU if an agreement isn’t reached.
CoreWeave shares tumbled 10% in extended trading on Thursday after the AI infrastructure provider issued light revenue guidance and increased its 2026 capital spending forecast.
Executive Director of the Centre for Poverty Analysis (CEPA) Prof. Sirimal Abeyratne said that poverty is not just a lack of money, it is a lack of opportunity, a lack of agency and a lack of dignity.
WASHINGTON, May 7 (Yonhap) -- U.S. President Donald Trump threatened Thursday to raise tariffs on goods from the European Union (EU) to "much higher levels" if it fails to fulfill its end of last year's trade deal with the United States by July 4.
The UAE has again taken top ranking for adopting artificial intelligence, according to the 2026 Microsoft AI Economy Institute analysis.
OAKLAND, CALIF. — Former OpenAI board member Helen Toner shed new light on just how close the company came to a shotgun merger with arch-rival Anthropic in the chaotic aftermath of CEO Sam Altman’s firing in November 2023 – calling such a deal an “extremely risky move.”
Vijay also represents a younger political brand that may prioritize regional economic engagement. Hence, there are a few possible openings for Sri Lanka to engage in joint tourism promotion between Northern Sri Lanka and Tamil Nadu, establish ferry connectivity revival between ports such as Kankesanthurai Harbour an…
Eleven years have passed since one of the most controversial financial scandals in Sri Lanka’s modern history shook public confidence in State institutions. The Central Bank bond scam of 2015, which unfolded under the “good governance” administration, remains etched in the national consciousness as a moment when tru…
A business meeting between the Karachi Chamber of Commerce and Industry (KCCI) delegation and the Sri Lanka Export Development Board (EDB) was successfully held on 06th May 2026 at the EDB premises in Colombo, reaffirming the longstanding economic ties between Sri Lanka and Pakistan.
The Maldives currently runs a trade deficit with Sri Lanka of over $166 million. While this reflects the strong presence of Sri Lankan goods in the Maldivian market, it also signals an opportunity to deepen and rebalance the partnership through greater two-way trade, targeted investments and high-impact joint ventur…
The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) re-filed indictment against former Central Bank Governor Ajith Nivard Cabraal for violating the condition imposed by Colombo High Court over the case causing loss of over Rs. 1, 800 million to the Government by purchasing treasury bills from…
By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation
By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation