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Billions in extra revenue generated by high-priced commodities like oil and gas because of the war against Iran will be saved rather than spent as the Albanese government seeks to quell inflationary pressures that are poised to force another interest rate rise from the Reserve Bank.
Survey finds city’s high flat prices and long-term financial burden of mortgage repayments are driving declining interest
Survey finds city’s high flat prices and long-term financial burden of mortgage repayments are driving declining interest
“I must create a system, or be enslaved by another man’s,” wrote English poet William Blake. Though not enslaved, the UAE was at least constrained by the Organisation of Petroleum Exporting Countries (Opec), which it left as of Friday. The energy world does indeed need a new system.
They warn that country’s fragmented farms are less resilient to natural disasters than bigger, more mechanised operations
They warn that country’s fragmented farms are less resilient to natural disasters than bigger, more mechanised operations
R&D generates significant revenue, but manufacturing capabilities are the real backbone and the truly large source of wealth.
Tamir Cohen’s experience of finding a place to stay at night while hiking the Israel National Trail four years ago, a trail which crosses the country from Kibbutz Dan in the north to Eilat in the south and is 1,100 km. long, gave him the idea for “Angels of the Shelter.”
Iran has offered a new 14-point proposal to the United States in the latest diplomatic step to reach a permanent end to the war, which has exposed the limits of US military dominance and shaken the global economy.
Samsung Biologics, the biotech arm of Samsung Group, has agreed to return to the negotiation table this week, a corporate official said.
Seven key Opec+ producers, including Saudi Arabia and Russia, agreed on Sunday to adjust oil output and reaffirmed their commitment to maintaining market stability following a virtual meeting to assess global conditions.
Abu Dhabi's state energy company Adnoc said it will award Dh200 billion ($55 billion) in project contracts over the next three years, accelerating a construction push that doubles as a strategic bet on the UAE's industrial economy.
Unintended consequence of US president’s actions will be boon for China, the leading renewables manufacturer
The Prime Minister’s three-day visit will focus on defence, critical minerals and broader economic security as Japan takes a more assertive military stance
The Prime Minister’s three-day visit will focus on defence, critical minerals and broader economic security as Japan takes a more assertive military stance
FILE- This Wednesday, June 6, 2018, file photo shows U.S. currently in New York. AP Photo/Ted Shaffrey, File)
The development in Ningxia is intended to balance AI-driven demand for computing capacity with the drive to cut carbon emissions
The development in Ningxia is intended to balance AI-driven demand for computing capacity with the drive to cut carbon emissions
Move comes weeks after Ant Group strengthened foothold in city’s brokerage market through acquisition of stake in Bright Smart Securities
Move comes weeks after Ant Group strengthened foothold in city’s brokerage market through acquisition of stake in Bright Smart Securities
TOKYO — Long-pacifist Japan has shed its self-imposed ban on lethal weaponry exports, gunning for a prominent place in the global defense trade — a challenging feat that analysts say could take years to achieve.
Posco Holdings said Sunday it has signed a stake investment deal in Australian lithium mines as it moves to strengthen its raw material supply chain for battery materials.
Artificial intelligence is shaking up employment and making many employees around the world feel terrified of being made redundant. A study by the Taub Center for Social Policy Studies in Israel has objectively scrutinized how AI is reshaping the composition of the unemployed in Israel.
Just over half of Korean workers said that use of artificial intelligence led to their companies hiring less people than before, but just a small portion of them said AI technology has reduced their personal workload, according to a survey by a civic group on Sunday.
Australians are continuing to chip in to the market with many doubling down on their investments despite global uncertainty, the war in Iran and fuel shortages.
Financial Secretary Paul Chan says GDP growth to accelerate, backed by 17 per cent rise in visitors and 5.2 per cent gain in retail and catering
Financial Secretary Paul Chan says GDP growth to accelerate, backed by 17 per cent rise in visitors and 5.2 per cent gain in retail and catering
Naheed Malik had dreamt of being her own boss for years before she finally made it happen. In 2018, she and a colleague left their jobs at Canadian University Dubai to launch The Loop, a communications and PR agency specialising in higher education and service providers.
More than $2 billion is being tipped into housing in Western Australia in a joint state and Commonwealth effort to make it easier for first-home buyers to get into the market.
Vietnamese President To Lam is expected to meet Indian Prime Minister Narendra Modi during his three-day trip to India this week. (Source photos by Reuters)
SEOUL, May 3 (Yonhap) -- Samsung Biologics, the biotech arm of Samsung Group, has agreed to return to the negotiation table this week, a corporate official said.
Based in Tachikawa, western Tokyo, Zero Plus has created PetsEar, earmuffs for dogs and cats that protect their ears from loud noises. (Photo by Hideki Yoshikawa)
Chocolate Finance joins Syfe and Endowus in targeting the city’s wealthy population and idle savings
Chocolate Finance joins Syfe and Endowus in targeting the city’s wealthy population and idle savings
The World Bank Group has appointed a South Korean banking veteran as its director of market and counterparty risk, the Finance Ministry said Sunday.
Stocks most heavily bought by foreign investors sharply outperformed the broader market last month, delivering returns nearly three times higher than those favored by retail investors.
Top 10 conglomerates add W1,500tr as SK, Samsung ride chip boom
SEOUL, May 3 (Yonhap) -- Financial authorities said Sunday they approved a 560 billion-won (US$380.6 million) investment in Upstage Co., a local artificial intelligence (AI) startup, marking the second direct investment by the Korea National Growth Fund.
This public bathhouse in Kofu city, Japan, uses fuel oil to heat the water. (Photo by Kentaro Arai)
Finance Minister Satsuki Katayama declined to comment if authorities intervened to support the yen last week, after reports said they had entered the market for the first time since 2024.
A man shows his ration book known as a “libreta,” backdropped by a framed image of Fidel Castro, at a state-run bodega in Havana, Cuba, Saturday, May 2, 2026. (AP Photo/Ramon Espinosa)
THE premier event for the attractions industry in Asia, IAAPA Expo Asia 2026, will take place June 9 to 12 at the Hong Kong Convention and Exhibition Centre (HKCEC), connecting executives from world-class theme parks, integrated resorts, water parks, family entertainment centers, and leading technology companies.
SEOUL, May 3 (Yonhap) -- A South Korean has been appointed as the new director of market and counterparty risk at the World Bank Group (WBG), the finance ministry said Sunday.
China’s Ministry of Commerce has instructed domestic companies not to comply with US sanctions targeting refiners allegedly linked to the Iranian oil trade.
China’s Ministry of Commerce has instructed domestic companies not to comply with US sanctions targeting refiners allegedly linked to the Iranian oil trade.
The main entrance of IU in Berlin can only be accessed via an Italian restaurant. (Photo by Jens Kastner)
Thailand is a key pipeline in a lucrative global trade that animal activists warn risks spreading zoonotic diseases and erasing biodiversity
Thailand is a key pipeline in a lucrative global trade that animal activists warn risks spreading zoonotic diseases and erasing biodiversity
Imagine a young trader in Dubai scrolling through market updates on their phone, analysing earnings coming straight out of New York, forex trends after an Reserve Bank of Australia announcement or a Bank of Japan meeting, and digging for opportunities across Asian emerging markets.
Leasing activity in core districts is picking up, driven by tech occupiers, but analysts warn oversupply will keep vacancies elevated