Japan's Terra Drone backs 2nd Ukrainian peer with eye on defense exports
A member of Ukraine's military prepares a rocket-type interceptor drone for launch. © Reuters
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Newest first · UTC+11:00GM expects a whopping $500M tariff refund after Supreme Court strikes down levies
General Motors is expecting a $500 million tariff refund after the Supreme Court struck down some of President Trump’s most sweeping levies.
· Associated Press
Grim warning for workers with inflation set to hit a three-year high
Inflation is set to reach a three-year high as the war against Iran drives up prices on everyday goods, with warnings that the Australian economy could be in the grip of a stagflation slowdown that would drive more than 100,000 people out of work within months.
· Shane Wright
11 California class-action settlements with payouts up to $5,000 that you can claim now
Californians could have serious cash owed to them as a wave of class action settlements open up claims tied to data breaches, everyday purchases and even dating apps.
· Kevin Barr
Bruce Blakeman blasts Hochul, Mamdani over pied-à-terre tax proposal: ‘Losing businesses and jobs each and every day’
Nassau County Executive Bruce Blakeman, who is currently running for New York governor, ripped Gov. Kathy Hochul and Mayor Mamdani’s pied-à-terre tax proposal in an interview with The Post — branding it the latest left-wing policy that is “losing businesses and jobs each and every day”.
· Taylor Herzlich
Four Nuclear Companies Selected For High-Speed Project Development
After the wild success experienced by multiple companies under the Department of Energy's Reactor Pilot Program (RPP) and Fuel Line Pilot Program (FLPP), four new fuel chain and reactor development companies have been selected under the Nuclear Energy Launch Pad (NELP).
· Tyler Durden
Elon Musk slams OpenAI rival ahead of landmark trial in California: ‘Scam Altman’
The high-stakes trial over the future of OpenAI kicked off on Tuesday – but not before Elon Musk unleashed a flurry of social media posts that slapped OpenAI’s CEO Sam Altman with the moniker “Scam Altman.”
· Marc Vartabedian
Tokyo Electron's close ties with TSMC at risk after chip tech leak
Taiwan Semiconductor Manufacturing Co. is a crucial customer for Tokyo Electron. (Source photos by Nikkei)
· Staff Writer
King Charles, Queen Camilla and the Trumps Trade Gifts
King Charles III gave President Trump a framed, high-quality reproduction of the 1879 design plans for the Resolute Desk, which is still in the Oval Office.
· Max Bearak
Iranian regime targets diaspora with propaganda, financial appeals, analyst says - interview
As the war involving Iran, the United States, and Israel grinds on, Ashkan Rostami, an Italian Persian geopolitical analyst focused on Iran, Israel, and regional dynamics in the Middle East, and a member of the Institute for a New Middle East, said one important part of the story was unfolding far from the battlefie…
· FELICE FRIEDSON/THE MEDIA LINE
Google inks Pentagon deal for classified AI work despite uproar from employees warning of ‘irreparable damage’
Google cut a deal with the Pentagon allowing use of its artificial intelligence models on classified systems – setting up a showdown with hundreds of employees who have demanded that CEO Sundar Pichai walk away from the contract.
· Thomas Barrabi
Honda plays catch-up in Vietnam and India's e-motorcycle markets
The Honda ICON e: electric motorbike at the Vietnam Motor Show. (Photo by Yuji Nitta)
· Staff Writer
Komatsu expects profits to tumble 16% on Iran war, US tariffs
Komatsu is having a harder time raising prices on construction machinery as competitors are also holding prices steady. (Photo by Azusa Kawakami)
· Staff Writer
What Eagles likely will get for A.J. Brown in blockbuster Patriots trade
It certainly looks like A.J. Brown is headed to New England, and he won’t be coming cheap.
· Erich Richter
Jamie Dimon shrugs off inflation concerns but says he worried about stagflation risks
JPMorgan Chase CEO Jamie Dimon said on Tuesday he is not worried about inflation, but added among the worst-case scenarios for the economy is the risk of stagflation.
· Reuters
Female board representation in UAE double GCC average, report finds | The National
Women hold 15 per cent of board seats on UAE-listed companies – more than twice the GCC-wide figure of 7 per cent – according to a new report.
· Katy Gillett
Peso slumps to P61.3:$1
THE peso breached the P61 to the dollar mark for the first time on Tuesday, hitting a new record low of P61.3:$1 as demand for the greenback remained strong amid continued uncertainties.
· Niña Myka Pauline Arceo, Nazylen Joy Mabanglo
New logo launched for unique PH goods
THE Intellectual Property Office of the Philippines (Ipophl) has launched a new geographical indications (GI) logo as part of efforts to promote the recognition and value of locally produced goods.
· The Manila Times
Abu Dhabi's non-oil foreign trade up 36% in 2025 amid economic diversification push | The National
Abu Dhabi recorded a 36 per cent annual increase in non-oil foreign trade last year as the emirate moves ahead with its economic diversification agenda.
· Aarti Nagraj
Indonesia's GoTo says it may pass higher fuel prices to Gojek users
Indonesian superapp GoTo, which includes ride hailing service Gojek and online marketplace Tokopedia, reported its first-ever quarterly net profit on April 28. (Photo courtesy of GoTo)
· NATSUMI KAWASAKI
Opec exit 'purely a policy move', UAE energy minister says | The National
The UAE's decision to withdraw from Opec is “purely a policy move” aimed at preparing the country for the future, Suhail Al Mazrouei, the Minister of Energy and Infrastructure, told The National on Tuesday.
· Mina Al-Oraibi
Trump unhappy with Iran's proposal to end war
DUBAI/WASHINGTON, D.C. — United States President Donald Trump is unhappy with Iran’s latest proposal on resolving the two-month war in the Middle East, a US official said, dampening hopes for resolution of a conflict that has disrupted energy supplies, fueled inflation, and killed thousands.
· Reuters
Airbus reports falling profts as jet deliveries slow
Airbus reported quarterly profits that halved from a year ago late Tuesday, as deliveries of its best-selling aircraft slowed.
· Elsa Ohlen
Skylines of uncertainty
IN Metro Manila, a curious phenomenon is unfolding in the city’s central business districts. Observing the skyline from Makati to Bonifacio Global City, one will notice it immediately: the rise of new tall buildings from luxury condominiums to towering new glass office buildings for banks and conglomerates. This new…
· Felino “Jun” Palafox Jr.
South Korean court increases former first lady's graft sentence
SEOUL — A South Korean appeals court increased the corruption sentence for former first lady Kim Keon Hee on Tuesday to four years in jail after finding her guilty of stock manipulation and bribery.
· Agence France-Presse
SM Prime: Mall traffic, earnings steady; capex program under review
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· Nazylen Joy Mabanglo
Aboitiz Group navigating more uncertain environment
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· Nazylen Joy Mabanglo
PAL 1st quarter net soars 57% to P6.2B
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· Ed Paolo Salting
Check your ITRs and audited FS before filing
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· Maria Teresita Zuniga Dimaculangan
DA, Megawide partner for infra projects
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· Giselle P. Jordan
Regional food security coordination urged by PH
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· The Manila Times
Nations to kick off world-first fossil fuel exit talks
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· Agence France-Presse
Fitch revises LandBank, DBP outlooks
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· Niña Myka Pauline Arceo
Fertilizer shock could push inflation to 8.1%
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· Niña Myka Pauline Arceo
Kalshi promo code NYPMAX: Trade $10, get $10 for the Stanley Cup Playoffs
The Kalshi promo code NYPMAX offers a generous promotion for those entering the prediction market space and following the current Stanley Cup playoffs.
· Mike Turay
Jamie Dimon warns of 'some kind of bond crisis' ahead as global debt risks build
JPMorgan Chase CEO Jamie Dimon on Tuesday warned that rising government debt levels could trigger a crisis in the bond market, urging policymakers to act before markets force their hand.
· Hugh Son
The Hormuz digital chokepoint: How does the Iran war threaten subsea cables? - explainer
Iran warned last week that submarine cables in the Strait of Hormuz were a vulnerable point for the region's digital economy, raising concerns about potential attacks on critical infrastructure.
· REUTERS
A third of all scam victims were hit by social media fraud — and losses are in the billions of dollars: FTC
According to the Federal Trade Commission, nearly 30% of people who reported being scammed in 2025 said the swindle began on social media.
· Reda Wigle
Op-ed: In blocking Meta-Manus deal, China sends a powerful message to U.S. market about AI race
When Meta agreed to acquire Manus, a Singapore-based artificial intelligence startup with Chinese roots for roughly $2 billion last December, many saw the transaction as just another routine deal in today's global technology economy: capital crossing borders, startups relocating to friendlier jurisdictions, and majo…
· Dewardric L. McNeal
OpenAI misses revenue, new user goals in painful stumble ahead of blockbuster IPO: report
OpenAI fell short of internal revenue and new user goals ahead of a potential IPO later this year – raising concerns about whether it will be able to offset massive spending on AI, according to a report.
· Taylor Herzlich
BOJ Keeps Rates On Hold In Rare 6-3 Vote Split As It Warns Of Looming Stagflation
In the first G5 central bank announcement of the week, overnight the Bank of Japan held its benchmark interest rate in a 6-3 vote, despite forecasting a sharp rise in inflation as the war in the Middle East sends commodity prices higher and clouds the global economic outlook while testing Japan's given its exposure …
· Tyler Durden
US Energy Chief Says Hormuz Can Reopen Without Clearing All Mines, Warns Iran Shut-ins Could Be Devastating
US Energy Secretary Chris Wright said that not all mines placed by Iran in the Strait of Hormuz need to removed for ships to resume transiting the vital passageway: “You just need a pathway for ships to be moved in and out,” Wright said in an interview on the sidelines of the Three Seas Summit and Business Forum in …
· Tyler Durden
Billionaire Ken Griffin to meet with Hochul to discuss New York’s ‘future direction’ after Mamdani feud
Ken Griffin, founder and CEO of the hedge fund and market trading firm Citadel, said on Tuesday he will meet with New York State Gov. Kathy Hochul on Thursday to talk about its “future direction.”
· Reuters
Nickel prices stay high as Iran war adds to Indonesia output cut: S&P
A nickel processing plant operated by Vale Indonesia in Sorowako, South Sulawesi province. © Reuters
· ISMI DAMAYANTI
UK calls on ‘middle powers’ to counter over-concentration of AI control
LONDON — U.K. Technology Secretary Liz Kendall has vowed to work more closely with other “middle powers” to reduce the concentration of power in the AI market — arguing that doing so is in the interest of the United States, too.
· Joseph Bambridge
The UAE built its economic resilience years ago. Now it is paying off | The National
In a world shaped by supply chain disruption, shifting geopolitics and rapid technological change, economic resilience is an immediate necessity. Countries today are rethinking how they secure their future, what they produce, where they invest and how much they rely on others.
· Bakheet Al Katheeri
A confidence uptick, a $4.18 gas shock: What Americans told the Conference Board
Chuck Byrd puts away a fuel nozzel after filling two tanks for a truck at a gas station on Tuesday, April 7, 2026, in Aurora, Ore. (AP Photo/Jenny Kane)
· Matt Ott
UAE to leave Opec, Opec+ oil groups, for national interest, global demand
Opec’s third-largest producer earlier this year, the UAE said it would bring additional supply to market ‘responsibly’ after its exit
· Teresa Elena Frontado
UAE to leave Opec, Opec+ oil groups, for national interest, global demand
Opec’s third-largest producer earlier this year, the UAE said it would bring additional supply to market ‘responsibly’ after its exit
· Teresa Elena Frontado