Can Vietnam’s bureaucracy reform boost investment amid growth threats?
Vietnam’s drive to energise its economy may take time to materialise in the face of rising fuel costs and trade barriers, analysts say
· Aidan Jones
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Newest first · UTC+11:00Can Vietnam’s bureaucracy reform boost investment amid growth threats?
Vietnam’s drive to energise its economy may take time to materialise in the face of rising fuel costs and trade barriers, analysts say
· Aidan Jones
Sweat it out or eat it up in Seoul
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…
· Kim Jae-heun
Don’t give up on NYC, Ken Griffin — expose the idiocy of Mamdani’s socialism
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.
· Post Editorial Board
Lucas Herbert with a 64 leads LIV Golf Virginia
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)
Dodgers can’t argue with Justin Wrobleski’s results
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.
· Jack Harris, Dylan Hernandez
Macquarie chief rakes in $26.5 million after profit surge
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.
· Clancy Yeates
Bloodbath at Silicon Valley giant as CEO’s savage memo to staff emerges
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.
· Nina Joudeh
Court strikes down Donald Trump's 10 per cent tariffs on everyone
Property News: Australia's most popular suburbs in every capital city.
· Nick Pearson
Why Cantopop star Kay Tse chose Hong Kong over the lucrative mainland Chinese market
Cantopop singer Kay Tse’s two-decade career has been built on authenticity, a commitment to social issues and her love of Hong Kong
· Ashlyn Chak
Why Cantopop star Kay Tse chose Hong Kong over the lucrative mainland Chinese market
Cantopop singer Kay Tse’s two-decade career has been built on authenticity, a commitment to social issues and her love of Hong Kong
· Ashlyn Chak
Saffioti walks WA budget tightrope as global conditions worsen
Rita Saffioti is warning global economic headwinds are gaining strength. (ABC News: Andrew O'Connor)
· Keane Bourke
US trade court rules against Trump's 10 per cent tariff rate
President Donald Trump ordered 10 per cent tariffs on most imports to the US earlier this year. (AP: Matt Rourke)
Trade court rejects Trump’s 10% global tariffs in victory for small businesses
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.
· Reuters
Trade court rules Trump’s replacement tariffs illegal
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.
· Ari Hawkins
U.S. trade court rules against Trump's 10 pct global tariffs
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.
· Song Sang-ho
Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes
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.
· Lola Murti
(EDITORIAL from Korea Times on May 8)
Real test behind market surgeRally highlights need for capital market reform in Korea
· Lee Haye-ah
(EDITORIAL from Korea Herald on May 8)
Time to weigh risksInflation, debt risks mount as Korea's stock markets celebrate historic highs
· Lee Haye-ah
Call for major banks to invest in First Nations community-led hub
Bernadette Angus says a banking hub would help remote residents by providing culturally appropriate services. (ABC Kimberley: Esse Deves)
· Esse Deves
US trade court rules against Trump’s 10% global tariffs
Trump also issues new deadline for EU to implement trade deal terms before raising tariffs to ‘much higher levels’
· Reuters
U.S. and Iran trade fire in Strait of Hormuz; each claims other shot first
The U.S. and Iran opened fire in the Strait of Hormuz, with each side claiming the other initiated the attack.
· Kevin Breuninger
Federal court rules against new global tariffs Trump imposed
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)
Soon-to-be SpaceX billionaires are gearing up for a windfall
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.
· Lydia Moynihan
Trump gives EU until July 4 to reach trade deal or face steeper tariffs
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."
· Reuters
ASX falls the furthest in seven weeks in near-$50b wipeout
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.
· Lin Lin
Nissan unit should expand dividends 80-fold, investor says
Nissan Shatai makes sport utility vehicles for parent Nissan Motor. © Reuters
· Staff Writer
Forget the naysayers — earnings surge means a ‘resilient’ Trump economy
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.
· Charles Gasparino
Trump gives 4 July ultimatum to EU to approve trade deal with US
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.
· Rachel Clun
Shake Shack shares shook by sales shock, sliding 30%
Shake Shake’s shares tumbled 30% on Thursday after it blamed disappointing financial results on bad weather, high beef prices and tourism declines.
· Lisa Fickenscher
BMW, Mercedes struggle to make luxury cars with Chinese characteristics
BMW chose Beijing for the world premiere of its refreshed flagship 7 Series in April. (Photo by Tomoko Wakasugi)
· Staff Writer
Hamptons ‘saltbox’ house built before the Declaration of Independence hits market for $4M
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.
· Realtor.com
CIA says Iran has 70 percent of pre-war missiles, can ride out blockade for months: Report
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.
· Middleeasteye
Coinbase posts steep first-quarter loss after slide in crypto prices; shares fall 4%
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 .
· Tanaya Macheel, Liz Napolitano
How major US stock indexes fared Thursday 5/7/2026
The U.S. stock market fell from its records after oil prices yo-yoed.
· The Associated Press
Trump sets two-month deadline for EU to enact trade deal
The president threatened to raise tariffs to “much higher levels” on the EU if an agreement isn’t reached.
· Aaron Pellish, Daniel Desrochers
CoreWeave stock sinks 10% on weak revenue guidance, increased spending forecast
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.
· Jordan Novet
“Poverty not just lack of money, but lack of opportunity, agency and dignity”
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.
· Gayan Abeykoon
Trump threatens 'much higher' tariffs on EU if it fails to fulfill trade deal by July 4
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.
· Song Sang-ho
UAE takes top spot again for AI adoption, Microsoft report says | The National
The UAE has again taken top ranking for adopting artificial intelligence, according to the 2026 Microsoft AI Economy Institute analysis.
· Cody Combs
Former OpenAI board members describe ‘extremely risky’ near-merger with Anthropic
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.”
· Marc Vartabedian
Congress to piggyback on Vijay’s rule
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…
· Gayan Abeykoon
Obscurities of the 2015 Bond Scam still linger
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…
· Gayan Abeykoon
Sri Lanka, Pakistan strengthen trade relations through business engagement
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.
· Gayan Abeykoon
‘Maldives open, ambitious and ready to partner’
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…
· Gayan Abeykoon
CIABOC re-files indictment in Greek Bond case - DailyNews
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…
· Gayan Abeykoon
A new nuclear umbrella rises over the Gulf as confidence in the US fades
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
· RT
Read Full Article at RT.com
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
· RT
Anchors and Empty Waters - DailyNews
Trust is a strange thing. We spend years building it, only to realise how fragile it always was. There are some emotions the rational mind struggles to process. Betrayal is one of them. Because trust is rarely built overnight. It takes time. Conversations. Consistency. Presence. We spend years learning who to trust,…
· Gayan Abeykoon
Food & Hospitality Asia Maldives expo to be held in Sept. - DailyNews
Food & Hospitality Asia Maldives (FHAM) 2026 will take place from 7th to 9th September 2026 at the Manhattan Grand Hotel, bringing together global brands, regional suppliers, and key decision-makers from across the hospitality and tourism sectors.
· Gayan Abeykoon