Hong Kong parents warned of choking, injury risks from catapult and tangram toys
Customs also urged retailers to pull products from shelves after seizing 700 sets during operation
· Matthew Cheng
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Newest first · UTC+10:00Stock markets worldwide drop from records as worries about oil prices rattle the bond market
NEW YORK — The US stock market fell from its records Friday and joined a worldwide drop for stocks after higher oil prices sent a shiver through the bond market. Stocks that had been caught up in the euphoria around artificial-intelligence technology led the way lower.
· Associated Press
A Latino grocery store in Delaware turns its produce aisle into a music stage
Bilingual alternative pop band Luna Luna performs in the produce section of Fiesta Fresh Market in New Castle, Del., on Sunday, April 26, 2026. (AP Photo/Mingson Lau)
· Safiyah Riddle
Global banks are becoming too large for states to rescue | The National
Switzerland has reached an uncomfortable conclusion: that UBS has become too large for the state to comfortably stand behind. The government’s plan to force the bank to hold roughly $20 billion more in capital is an attempt to close that gap, even at the cost of competitiveness.
· Arturo Bris
Will Kevin Warsh bring relief or risk to Gulf markets? | The National
Kevin Warsh faces an immediate test as he assumes the chairmanship at the US Federal Reserve: navigating the tension between higher interest rates and political pressure from President Donald Trump.
· Kyle Fitzgerald
Kalgoorlie's 'shovel ready' water project misses out in federal budget
Sat 16 May 2026 at 12:56pm
· Jarrod Lucas
Israeli forces and settlers carry out raids across West Bank
Israeli forces and settlers carried out raids and attacks across several towns and villages in the occupied West Bank on Friday night, Wafa news agency reported.
· Middleeasteye
Hong Kong market regulator takes on ‘collection agent’ role for wronged investors
SFC follows international peers by pursuing compensation for victims rather than fines in some cases of securities misconduct
· Enoch Yiu
Hong Kong market regulator takes on ‘collection agent’ role for wronged investors
SFC follows international peers by pursuing compensation for victims rather than fines in some cases of securities misconduct
· Enoch Yiu
Cebuana Lhuillier expands how Filipinos can build value through gold
GOLD ownership today is becoming more flexible, with buyers increasingly looking at a wider range of formats to match their financial goals.
· The Manila Times
Hong Kong to test first flying cars carrying heavy cargo within 6 months
Passenger flights could be next if electric vertical take-off and landing (eVTOL) aircraft trials moving building materials to New Territories succeed
· Lam Ka-sing
Hong Kong to test first flying cars carrying heavy cargo within 6 months
Passenger flights could be next if electric vertical take-off and landing (eVTOL) aircraft trials moving building materials to New Territories succeed
· Lam Ka-sing
PWHL to choose San Jose as its 4th expansion market, AP sources say
A rainbow is shown as fans line up outside SAP Center at San Jose before an NHL hockey game between the Chicago Blackhawks and the San Jose Sharks in San Jose, Calif., March 23, 2024. (AP Photo/Jeff Chiu, File)
· John Wawrow
What capital gains and negative gearing changes will do to Queensland housing
David Crisafulli is unconvinced the federal government’s overhaul of property taxes will improve the housing crisis in Queensland but economists and leading financial figures forecast the changes will be most acute in the Sunshine State.
· James Hall, William Davis
Harvard Weighs Major Crackdown On "Grade Inflation"
Harvard faculty begin voting Tuesday on what may be the most aggressive effort in decades to curb grade inflation, a long-running issue that has also drawn attention from the White House as it pushes broader higher-ed reforms, according to Bloomberg.
· Tyler Durden
New drink tastes like a treat, but has three mushrooms hiding inside — with unique benefits
Supposedly, it tastes like “a strawberry and a matcha plant fell in love at a farmers market.”
· Miska Salemann
Berkshire Hathaway reveals stakes in Delta, Macy’s as portfolio reshuffled under Warren Buffett’s successor
Berkshire Hathaway on Friday disclosed a new $2.65 billion investment in Delta Air Lines and a small stake in Macy’s, and said it sold many of its smaller stock holdings including Amazon, UnitedHealth Group and the credit card networks Visa and Mastercard.
· Reuters
Trump and his CEOs want China’s business – but has Asia moved on?
The US delegation went to Beijing looking for deals, but a ‘super cycle’ of capital expenditures across Asia is already fuelling enormous growth
· Mia Nurmamat
Trump and his CEOs want China’s business – but has Asia moved on?
The US delegation went to Beijing looking for deals, but a ‘super cycle’ of capital expenditures across Asia is already fuelling enormous growth
· Mia Nurmamat
BOJ tapering plans face scrutiny from Takaichi's economic advisers
The Bank of Japan began tapering bond purchases in August 2024. (Photo by Akira Kodaka)
· Staff Writer
Gavin Newsom wants to slap a new tax on software sales
Gov. Gavin Newsom is going after Silicon Valley with a sweeping proposal to expand the state’s sales tax into cloud software, AI platforms and digital applications — a move projected to generate more than $1 billion in its first year and reshape how the digital economy is taxed.
· Daniel Farr
Back-to-back rate hikes spook Australia's housing market
Back-to-back cash rate hikes have put a lid on some home buyer's budgets, according to new analysis from Canstar.Last week the Reserve Bank of Australia (RBA) handed down a third consecutive interest rate hike, increasing the cash rate target to 4.35 per cent.During the March 2026 quarter, the average national new l…
· Emily Bennett
Vegas casino pulls plug on prediction market conference amid Nevada crackdown
A Las Vegas casino abruptly pulled the plug on a prediction market conference over fears the event could draw scrutiny from Nevada gambling regulators, according to a report.
· Ariel Zilber
How major US stock indexes fared Friday 5/15/2026
The U.S. stock market fell from its records and joined a worldwide drop for stocks after higher oil prices sent a shiver through the bond market.
· The Associated Press
India raises fuel prices as global energy crisis adds pressure on economy
NEW DELHI — India raised fuel prices by 3 rupees ($0.03) per liter Friday as the government moved to offset losses due to higher global oil prices.
· Associated Press
Democrats accuse Trump of stock trade corruption
WASHINGTON — Democrats accused US President Donald Trump of corruption on Friday after the disclosure of major stock market transactions carried out in his name, although his son denied there was wrongdoing.
· Agence France-Presse
Russia orders Euroclear to pay compensation to its central bank
Participants gather in Moscow’s Arbitration Court to hold a hearing to consider a lawsuit by Russia’s Central Bank against Belgium-based financial clearinghouse Euroclear in Moscow, Russia, Jan. 16, 2026. (AP Photo/Pavel Bednyakov, File)
First Qantas, now Coles: the star corporate lawyer beating her one-time clients
Many Australians, Kevin Rudd pronounced in 2021, were worried the Morrison government had appointed Gina Cass-Gottlieb to run the Australian Competition and Consumer Commission. Rudd charged the competition solicitor with being “a long-serving Murdoch family associate”. She was a “former personal lawyer to Lachlan M…
· Nick Bonyhady
The UK began the destruction of Palestine in 1948 and supports Israel while they annex Gaza and the West Bank
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US stocks fall after Trump-Xi summit leaves investors 'underwhelmed'
Investors sold American stocks on the morning of May 15 as concerns over higher oil prices and stickier inflation dampened sentiment. © Reuters
· PAK YIU
Pictures of the week: From a traditional Moroccan equestrian performance to Art Dubai | The National
Previous slideNext slide Riders fire their rifles on horseback at a traditional equestrian show in Bouznika, Morocco. AFPInfo Jordana Brewster, Vin Diesel and Michelle Rodriguez on the red carpet at the premiere of their film Fast and Furious 11 at the Cannes Film Festival, France. EPAInfo An aerial view of people g…
· The National
Fanatics Sportsbook promo code NYPOST: Bet $20, get $200 in bonus bets for the Subway Series
The Yankees and Mets will clash on Friday night, and new users at Fanatics Sportsbook can apply the Fanatics Sportsbook promo code NYPOST to obtain an exclusive promotion that can be used on Pinstripes vs. Amazins or any other market offered on the platform.
· Michael Leboff
Mortgage rates retreat to 6.36% despite rising inflation
Mortgage rates defied expectations by ticking down slightly this week, even as the latest inflation data revealed that surging oil prices resulting from the ongoing war in the Middle East have now bled into the costs of other goods and services.
· Realtor.com
Starmer drama has UK markets reliving their Truss nightmare
LONDON — Just as its Conservative predecessors did before it, Britain's Labour government risks driving the U.K.’s economy into a ditch with an internal party fight over the steering wheel.
· Geoffrey Smith
Trump went big on tech stocks in first quarter of 2026, new filings show
President Donald Trump reported thousands of financial transactions totaling hundreds of millions of dollars — including large purchases and sales of tech giants Nvidia, Microsoft, Amazon and Meta — in the first three months of 2026, new disclosure forms reveal.
· Kevin Breuninger
Uptown mom has created an AI solution to Maycember madness — and she’s making bank selling it to other parents
An Upper West Side mom-of-two has turned to AI to keep track of all her children’s school communications — and she’s selling her solution to other parents battling the barrage of emails from teachers and administrators.
· Alyson Krueger
Alphabet beats Berkshire with record 576bn yen bond offering
Landmark issuance underscores demand from overseas companies in the Japanese market. (Nikkei montage)
· Staff Writer
Citi Investor Day outlines clear path ahead for further growth; Philippines has a leading role to play
CITI outlined a clear path toward stronger, more durable returns at its 2026 Investor Day, held at the bank’s global headquarters in New York.
· The Manila Times
World Bank, UK launch $1B agri program for PH
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· Giselle P. Jordan
US stocks fall after no major Trump-Xi breakthroughs
Investors sold American stocks on the morning of May 15 as concerns over higher oil prices and stickier inflation dampened sentiment. © Reuters
· PAK YIU
Bill Ackman’s Pershing Square discloses Microsoft stake, touts ‘deeply embedded’ software
Billionaire investor Bill Ackman revealed Friday that his firm Pershing Square Capital has built a stake in Microsoft – and said the tech giant “offers analogous and compelling long-term value” despite a recent stock slump.
· Thomas Barrabi
How China and U.S. eased the Middle East oil shock and kept prices from spiking even higher
China and the United States have provided critical support to the oil market and helped ease the huge supply disruption in the Middle East and kept energy prices from surging even higher.
· Spencer Kimball
Putin Hails ‘Positive’ Economic Growth in March Despite Sharp Downgrade in Annual Forecast
President Vladimir Putin said Friday that government measures to stabilize the Russian economy have begun yielding “positive results,” even as the Kremlin this week slashed its annual growth outlook by two-thirds.
· The Moscow Times
Inside ex-NFL QB Duck Hodges’ wedding to Grammy winner Lainey Wilson — and how their starry relationship began
Four years after retiring from football, Duck Hodges is off the free agent market.
· Michael Blinn
Ghana exits IMF bailout programme
Ghana has officially concluded its Extended Credit Facility (ECF) programme with the International Monetary Fund, marking the end of the country’s latest financial bailout arrangement after years of economic turbulence.
· AfricaNews
Top Japan banks' profits hit record on M&A lending boom
MUFG and Mizuho Financial Group both secured record high profits in the previous fiscal year. (Source photos by Nikkei)
· Staff Writer
Palestinian Prisoners Club: over 23,000 arrested in occupied West Bank since start of Israel's genocide
Israel has arrested over 23,000 Palestinians in the occupied West Bank since the start of its genocidal war in Gaza, according to Wafa news agency's report of a statement by the Palestinian Prisoners Club.
· Middleeasteye
Egypt opens Luxor tombs from era when civilisation was 'at its peak'
Egypt has opened the tombs of Amenhotep-Rabuia and his son Samut in the Al-Khokha archaeological area on Luxor's West Bank.
· AfricaNews
Trump’s China trip an attempt to ‘save face’ – analyst to RT
US President Donald Trump’s China visit was an attempt to “save face” and seek relief after the Iran war destabilized the global economy, geopolitical analyst Danny Haiphong has told RT. According to Haiphong, the US is now in a “far weaker position” than China and is seeking closer ties with Beijing to stabilize it…
· RT