Headline inflation surges to 4.6 per cent
Annual headline inflation is now the highest it has been since September 2023. (ABC News: Sharon Gordon)
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Newest first · UTC+11:00United Arab Emirates will leave OPEC in a blow to the oil cartel
DUBAI, United Arab Emirates — The United Arab Emirates said Tuesday it will leave OPEC effective May 1, stripping the oil cartel of its third-largest producer and further weakening its leverage over global oil supplies and prices.
· Associated Press
US envoy to Ukraine to resign over disagreements with Trump – FT
Acting US Ambassador to Ukraine Julie Davis will leave her post over disagreements with President Donald Trump regarding his waning support for the country, the Financial Times has reported, citing three people familiar with the matter.
· RT
Inflation surges to three-year high as borrowers brace for potential rate hike
Inflation has surged to its highest level in almost three years as borrowers brace for a potential third consecutive interest rate hike to start the year.New data from the Australian Bureau of Statistics released this morning showed the consumer price index rose 4.6 per cent over the 12 months to March, up from 3.7 …
· Daniel Jeffrey
US imposes fresh sanctions targeting Iran's covert 'shadow banking' financial network
The United States has imposed new sanctions on 35 groups and individuals involved in operating Iran's covert financial network, the US State Department said on Tuesday.
· JERUSALEM POST STAFF
Inflation jumps to 4.6% in Australia as Iran war fuel shock begins to bite
Financial markets are betting the Reserve Bank will hike interest rates for a third straight meeting next Tuesday
· Patrick Commins
UAE exit weakens OPEC+ power over oil market but group to stay together, sources say
This is AI generated summarization, which may have errors. For context, always refer to the full article.
· Herbie G
UAE exit weakens OPEC+ power over oil market but group to stay together, sources say
This is AI generated summarization, which may have errors. For context, always refer to the full article.
· Herbie G
Hyundai Motor leaves peers in the dust as AI bets fuel stock price surge
South Korea's Hyundai Motor is not the world's largest automaker, but its stock price gains are outpacing those of its competitors. (Source photos by Reuters, Masaki Ishihara, Yuki Nakao and Getty Images)
· JADA NAGUMO
Grim past fails to spook buyers as San Francisco home sells for jaw-dropping price
A quaint San Francisco home that became the site of a grisly quadruple murder-suicide sold only four days after it went on the market, for more than $700,000 over the asking price.
· Katie Jerkovich
US economic gap over China to widen, but Iran might bring them closer: former UN official
Get your head checked, strategist Mahbubani tells those who underestimate the US and China, while forecasting a bigger GDP gulf between the two by 2030
· Frank Chen
US economic gap over China to widen, but Iran might bring them closer: former UN official
Get your head checked, strategist Mahbubani tells those who underestimate the US and China, while forecasting a bigger GDP gulf between the two by 2030
· Frank Chen
Chief regulator vows bold deregulation to enhance financial innovation
SEOUL, April 29 (Yonhap) -- The chief of the country's financial regulator said Wednesday that his agency will take bold steps to help the financial sector further develop innovative services.
· Park Sang-soo
Dodgers acquire utilityman Tyler Fitzgerald from Blue Jays for cash
LOS ANGELES (AP) — The Los Angeles Dodgers acquired infielder/outfielder Tyler Fitzgerald from the Toronto Blue Jays for cash on Tuesday in a deal between last year’s World Series teams.
US sanctions 35 entities over Iran ‘shadow banking’ network
US Treasury Secretary Scott Bessent said Washington has imposed sanctions on 35 entities and individuals linked to what it described as Iran’s “shadow banking” networks.
· Middleeasteye
Justin Baldoni is not to blame for Blake Lively’s downfall, say his lawyers who brand her a ‘bully’ at pre-trial hearing
Lawyers for Justin Baldoni’s production company insisted Wayfarer Studios is not to blame for Blake Lively’s career losses, claiming she is a “bully” and has a track record of lackluster business ventures during a pre-trial hearing on Tuesday.
· Audrey Rock
How ‘Money Guro sa Campus’ is shaping a generation of advocates
FINANCIAL education remains out of reach for many Filipinos, limiting their ability to make informed decisions and fully participate in the financial system. For Jean Henri Lhuillier, president and CEO of Cebuana Lhuillier. this challenge presents a deeper opportunity not just to expand access to financial knowledge…
· The Manila Times
The fuel crisis is about to whack Australia. Jim Chalmers’ budget must tread a fine line between panic and preparation | Peter Lewis
As the economy turns south, the treasurer will be faced with choices in how he responds. This calm before the shitstorm is an opportunity for reforms to energy, the NDIS and housing
· Peter Lewis Australia
GCash CISO joins PNP-ACG advisory group to advance national cybersecurity efforts
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· The Manila Times
Inflation nears three-year high: What could this mean for Australians?
The rising cost of petrol saw transport inflation grow 8.9 per cent in March, spiking overall inflation. Source: SBS News / Graphic by Leon Wang
· Sbsaustralia
BingoPlus honors 5 winners in ‘More Than Win’ campaign
A HOUSEWIFE. An accountant. A security guard. A person with disability. A small business owner.
· The Manila Times
FilSyn Corp. calls for annual stockholder's meeting
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· The Manila Times
Beloved Italian Soho restaurant relaunching in June with new name and vision
Piccorini Morini, a sort of 2.0 version of Soho’s now shuttered and beloved Osteria Morini eatery on Lafayette St., will launch this June in Nolita, Side Dish can exclusively reveal.
· Jennifer Gould
A fresh financial crisis may be coming - it won't play out like the last one
On 15 September 2008, Bobby Seagull arrived at his office in Canary Wharf just before 6am.
· Simon Jack
Pair of Hong Kong luxury homes sells for US$41m as market sizzle increases
Mainland China property tycoon reaps 86 per cent gain on 2010 investment, following another sale in the same project that netted 77 per cent
· Peggy Ye
Pair of Hong Kong luxury homes sells for US$41m as market sizzle increases
Mainland China property tycoon reaps 86 per cent gain on 2010 investment, following another sale in the same project that netted 77 per cent
· Peggy Ye
[Graphic News] Seoul ranks 8th in global financial index
Seoul ranked eighth globally in financial competitiveness, according to a recent report by UK-based consulting firm Z/Yen.
· Nam Kyung-don
Bottom falls out of SoCal condo market as prices plummet
There’s great news for those seeking a place to live in Southern California with the prices for condominiums in the area dropping to their lowest point in more than 12 years.
· Katie Jerkovich
Homeowner Floats Mansion Swap For Anthropic Equity
A LinkedIn profile for a luxury property in Marin County, just north of San Francisco and across the Golden Gate Bridge, states that the homeowner is open to exchanging the 14-acre estate for Anthropic equity.
· Tyler Durden
OPEC’s end will be a win for humanity and America — another Trump miracle
OPEC’s stranglehold on the global economy is finally coming apart at the seams — thanks in large part to President Donald Trump’s efforts at home and abroad — and the result will be freer markets, long-term lower energy price and less debt slavery for developing nations.
· Post Editorial Board
NYC’s Milling Room abruptly shuts after owner’s bizarre, ‘life-threatening’ accident — and may owe more than $1M in rent
A popular Upper West Side restaurant has abruptly shuttered after the owner suffered a bizarre, “life-threatening” accident in Mexico — and may be on the hook for more than $1 million in back rent, Side Dish has learned.
· Jennifer Gould
Musk kicks off explosive OpenAI trial by slamming Altman, company for abandoning non-profit mission: ‘Not OK to steal a charity’
Elon Musk took the stand as the high-profile trial over the future of OpenAI kicked off on Tuesday — claiming that CEO Sam Altman took control of a group founded as a “charity” and improperly morphed it into a money-minting corporate juggernaut.
· Marc Vartabedian
Victorian opposition vows to cap public sector executive salaries
The Coalition is promising to cap the salaries of senior public sector executives at just under $600,000 a year to "restore financial discipline".
Hong Kong’s art market resilience, proven by The Great Wave’s US$2.8 million sale
Despite overall cooling, Hong Kong’s art market shows resilience – the top end remains intact, and the lower price brackets stay steady
· Peter Shadbolt
Hong Kong’s art market resilience, proven by The Great Wave’s US$2.8 million sale
Despite overall cooling, Hong Kong’s art market shows resilience – the top end remains intact, and the lower price brackets stay steady
· Peter Shadbolt
How China’s reported ban on sulphuric acid exports could have overseas buyers reeling
Foreign firms fear more halts following reports of a ban on the export of the chemical, crucial for fertiliser and battery production
· Kandy Wong
How China’s reported ban on sulphuric acid exports could have overseas buyers reeling
Foreign firms fear more halts following reports of a ban on the export of the chemical, crucial for fertiliser and battery production
· Kandy Wong
Japan turns to Chinese petrochemicals amid naphtha crunch
Japanese chemical companies are grappling with shortages of feedstocks that had been sourced mainly from the Middle East. (Photo by Kai Fujii)
· Staff Writer
Live: Inflation likely to reach highest level since 2023, ASX to drop for seventh straight day
Topic:Financial Markets
· David Chau
LIV Golf stars making fallback plans with league in financial peril
Some LIV golfers are preparing for the end of the breakaway league.
· Dylan Svoboda
Hundreds of jobs to go at Home Affairs amid 'financial pressures'
The Australian Border Force is included in the voluntary redundancy round. (ABC: Avani Dias)
· Tom Crowley
Polymarket promo code NYPMAX: Deposit $20, get $20 for Trail Blazers vs. Spurs
The prediction market Polymarket is dishing out a new promo for the NBA Playoffs, with the Polymarket promo code NYPMAX.
· Mike Turay
Citadel's Griffin To Meet With NY Gov. Hochul After Mamdani's Socialist Games
Citadel's Ken Griffin told the audience at the Norges Bank 2026 Investment Conference in Oslo earlier on Tuesday that he is planning to meet with left-wing New York Gov. Kathy Hochul on Thursday to discuss the "future direction" of the state after far-left NYC Mayor Zohran Mamdani singled out Griffin in a promotiona…
· Tyler Durden
Mitsubishi Materials to lift tungsten carbide prices on tight China supply
Tungsten materials are used by Mitsubishi Materials to make cemented carbide cutting tools. (Mitsubishi Materials)
· Staff Writer
More countries ‘very likely’ to leave OPEC– ex-UAE diplomat to RT
More countries are “very likely” to withdraw from OPEC following the United Arab Emirates’ decision to leave the group, former UAE diplomat to the UN and World Trade Organization, Obaid Ahmed Al-Zaabi, told RT.
· RT
Corporate direct financing rises 4 pct in March on increased debt sale
SEOUL, April 29 (Yonhap) -- Corporate direct financing increased in March from the previous month on the back of a rise in both bond sales and stocks offerings, data showed Wednesday.
· Park Sang-soo
US conditions for paying UN dues include China curbs, report says
The US owes billions of dollars in unpaid fees to the organisation, which is facing ‘imminent financial collapse’, according to its chief
· Reuters
US conditions for paying UN dues include China curbs, report says
The US owes billions of dollars in unpaid fees to the organisation, which is facing ‘imminent financial collapse’, according to its chief
· Reuters
Japanese sake made in space fetches nearly $700,000
Proceeds from the sale will be donated to support Japan's space development projects. (Mitsubishi Heavy/Dassai)
· Staff Writer
Hedge fund genius expertly debunks California’s billionaire tax in just two simple words
Billionaire investment guru Ray Dalio is warning that the California billionaire tax isn’t the answer to inequality — issuing a stark two-word wake-up call on the controversial wealth tax.
· Annie Gaus