Nvidia’s Jensen Huang joins Trump’s trip to China at last minute
The Nvidia CEO, not included in the White House’s original delegation list, will be in Beijing with the US president, the company has confirmed
· Coco Feng
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Newest first · UTC+11:00Nvidia’s Jensen Huang joins Trump’s trip to China at last minute
The Nvidia CEO, not included in the White House’s original delegation list, will be in Beijing with the US president, the company has confirmed
· Coco Feng
Chinese hacker ringleader extradited over W38b theft targeting BTS' Jungkook, others
A suspected leader of a hacking ring accused of stealing more than 38 billion won ($25.4 million) from victims’ bank and cryptocurrency accounts was extradited to Korea from Bangkok on Wednesday, the Justice Ministry said.
· Lee Seung-ku
Smuggled in syringes: how Nairobi became a nexus for the black market in giant harvester ants
Court cases in Kenya point to a growing market for ants as exotic pets in Asia and Europe that has implications for conservation and biosecurity
Trump’s man can’t do what the president wants from him
May 13, 2026 — 12:00pm
· Stephen Bartholomeusz
Asia markets falter as hot US inflation, shaky Iran ceasefire weigh
This is AI generated summarization, which may have errors. For context, always refer to the full article.
· Herbie G
Hong Kong biotech firm uses AI to produce nano-rockets that deliver life-saving drugs
METiS TechBio debuts on Hong Kong stock market as its CEO compares the drug design start-up to SpaceX for the pharmaceutical industry
· Julie Zhang
Hong Kong biotech firm uses AI to produce nano-rockets that deliver life-saving drugs
METiS TechBio debuts on Hong Kong stock market as its CEO compares the drug design start-up to SpaceX for the pharmaceutical industry
· Julie Zhang
Kia to unveil military vehicles at Romanian defense fair
SEOUL, May 13 (Yonhap) -- South Korean automaker Kia Corp. said Wednesday it will showcase its military vehicles at an international defense exhibition in Romania as part of efforts to expand into the European market.
· Kim Eun-jung
CNBC Daily Open: Wall Street meets its old nemesis: Inflation
Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.
· Lim Hui Jie
Peru presidential candidate charged with financial crimes
Peru’s public prosecutor’s office has accused leftist presidential candidate Roberto Sanchez of financial crimes, calling for him to be imprisoned for five years and four months.
· Al Jazeera Staff
PM calls for measures to boost K-tourism
SEOUL, May 13 (Yonhap) -- Prime Minister Kim Min-seok called Wednesday for the government to look for various ways to boost domestic tourism so it can work as a growth engine for the economy, after data showed the country's travel account balance posted a surplus in March for the first time in 11 years.
· CHANG JAE SUN
How Australia’s mining giants are helping China to globalise the yuan
Mining firms are increasingly using the yuan for financing and settlements, as China pushes to reduce its reliance on the US dollar
· Kandy Wong
How Australia’s mining giants are helping China to globalise the yuan
Mining firms are increasingly using the yuan for financing and settlements, as China pushes to reduce its reliance on the US dollar
· Kandy Wong
S. Korean currency slides amid lingering Middle East uncertainties
The South Korean won weakened sharply against the US dollar Wednesday amid lingering uncertainties in the Middle East and sharper-than-expected US inflation.
· Yonhap
Trump set to meet with Xi in Beijing as war and inflation weigh on his presidency
BEIJING, China — President Donald Trump is set to arrive in Beijing on Wednesday for a state visit with Chinese leader Xi Jinping at a restless moment for a world worried about war, trade and artificial intelligence.
· Associated Press
Donald Trump's latest comment will be used against him in November
Auto news: Will Australians spend over $100,000 on a Chinese car?
· Nick Pearson
S. Korean currency slides amid lingering Middle East uncertainties
SEOUL, May 13 (Yonhap) -- The South Korean won weakened sharply against the U.S. dollar Wednesday amid lingering uncertainties in the Middle East and sharper-than-expected U.S. inflation.
· Kim Boram
Luang Prabang's World Heritage status at risk over Mekong dam
The dam for the Luang Prabang Hydroelectric Power Plant, 20 km upriver from the city that is Laos' premier tourist attraction, rises from the Mekong River. (All photos by Tom Vater)
· Staff Writer
Seoul shares open sharply lower on US losses, Middle East uncertainties
South Korean stocks opened sharply lower Wednesday, tracking overnight losses on Wall Street caused by a drop in blue chip tech shares and a faster-than-estimated rise in US inflation, as well as uncertainties over peace talks between the United States and Iran.
· Yonhap
Seoul shares open sharply lower on U.S. losses, Middle East uncertainties
SEOUL, May 13 (Yonhap) -- South Korean stocks opened sharply lower Wednesday, tracking overnight losses on Wall Street caused by a drop in blue chip tech shares and a faster-than-estimated rise in U.S. inflation, as well as uncertainties over peace talks between the United States and Iran.
· Kim Na-young
New York’s legal weed sales top $5M a day — but illegal market could be 10 times larger
New York State’s daily legal weed sales topped $5 million for the first time in history, new data showed — but experts estimated illicit sales could be a whopping 10 times higher.
· Carl Campanile
Asia markets set to open mixed as investors watch Trump-Xi meeting and Iran tensions
Asia-Pacific markets were set to open mixed Wednesday, as investors digest a hotter-than-expected inflation reading for April amid concerns over higher oil prices and the ongoing Middle East conflict.
· Justina Lee
Takeover of Hong Kong Golf & Tennis Academy’s Central club postponed by 2 months
Source says delay of merger with Carlyle & Co follows meeting of HKGTA members
· Denise Tsang
Takeover of Hong Kong Golf & Tennis Academy’s Central club postponed by 2 months
Source says delay of merger with Carlyle & Co follows meeting of HKGTA members
· Denise Tsang
[Graphic News] Young Koreans in their 20s giving up on employment
Recent analyses show that about 1 in 5 discouraged job seekers are in their 20s, pointing to a growing number of young people abandoning the job search even before entering the labor market.
· Nam Kyung-don
Man injured while allegedly blowing up ATM at Queen Victoria Market
Police said three people used explosives to access an ATM near Victoria Market. (ABC News)
Amid war with Iran, Trump pushes for federal gas tax suspension
Gas prices are displayed at a Westar gas station in Miami, Tuesday, May 12, 2026. (AP Photo/Marta Lavandier)
· Wyatte Grantham Philips
Trump insists inflation surge 'short term,' policies working
WASHINGTON — US President Donald Trump on Tuesday insisted that his policies were working and that surging inflation was merely temporary due to the US and Israeli war against Iran.
· Agence France-Presse
EU moves to block imports of Brazilian animal products, ministry says
SAO PAULO (AP) — Brazil said Tuesday that the European Union has moved to block its animal product exports from September, just days after a mega deal between the South American trade bloc Mercosur and the EU on a trans-Atlantic market estimated at $22 trillion went into effect, at least provisionally.
Millions of student borrowers fall into default as payment collection resumes
Millions of student loan borrowers fell into default earlier this year — and a second wave of delinquencies could be on its way, the Federal Reserve Bank of New York said Tuesday.
· Taylor Herzlich
How major US stock indexes fared Tuesday 5/12/2026
A sudden halt for technology stocks put the brakes on Wall Street’s record-setting run.
· The Associated Press
How does the Parliament control public finance?
Does control over public finance indicate the treasury is legally bound to report day-to-day operations to Parliament? This is where a confusion seems to have arisen among some Members of Parliament including the Leader of the Opposition who claim the treasury should have reported the misplacement of funds to Parlia…
· Gayan Abeykoon
Electricity price hike Where lies the problem?
The International Monetary Fund (IMF) has prescribed cost-reflective energy prices under its programme. It is a logical conclusion because cost-reflective pricing is needed for long-term sustainability. But, in the meantime, what is needed is to take measures for the reduction of electricity generation costs so that…
· Gayan Abeykoon
DFCC Bank demonstrates disciplined performance in Q1, 2026
DFCC Bank delivered a strong financial performance for the period ended 31 March 2026, underscoring the robustness of its strategy, disciplined execution, and the resilience of its balance sheet. Loan and deposit portfolios recorded sustained growth of 5% and7%, respectively, compared to December 31, 2025, reflectin…
· Gayan Abeykoon
‘I don’t think about Americans’ financial situation’ in Iran war, Trump says
New York: US President Donald Trump dismissed a surge in inflation due to the Iran war and declared he does not think about Americans’ financial situation when deciding whether to make a deal with the regime to end the conflict.
· Michael Koziol
MIFL records LKR 818 Mn PBT in FY 2025-26, up 193% YoY - DailyNews
Mahindra Ideal Finance Ltd. (MIFL) reported its strongest ever financial performance in the year ended 31 March 2026, recording significant growth across profitability, lending volumes, and operational efficiency.
· Gayan Abeykoon
Prices for 6 grocery store staples are increasing right now as affordability spirals
The cost of food has been increasingly volatile due to inflation, as evidenced by some cartons of organic pasture-raised eggs costing an offensive $13.
· Kyra Breslin
Sri Lanka launches major Olympic mission for Los Angeles 2028 - DailyNews
Sri Lanka has launched a massive financial support programme worth nearly Rs. 30 million per month for 146 athletes and their coaches under the country’s ambitious “Olympic Mission” project aimed at the 2028 Los Angeles Olympic Games. The Sports Ministry said the programme will provide funds for training, nutrition …
· Gayan Abeykoon
SDB bank and Hayleys Mobility collaborates to support customers with leasing solutions for private vehicles - DailyNews
SDB bank has entered into a strategic partnership with Hayleys Mobility Limited through the signing of a Memorandum of Understanding, (MoU) reinforcing the bank’s commitment to expanding access to structured mobility financing while advancing its broader sustainability banking agenda.
· Gayan Abeykoon
Shares – Colombo Stock Exchange ( Market Statistics on 12.05.2026 )
Sri Lanka’s most Trusted and Innovative media services provider
· Gayan Abeykoon
ASPI records marginal gain - DailyNews
Colombo Bourse finished the session almost flat. The ASPI recorded a marginal gain of 4 points to close at 23,015, while the S&P SL 20 index declined by 6 points to settle at 6,294. MELS, RIL, CIC, BUKI and CARG ranked among the leading positive contributors to the ASPI. Market activity remained at an average level,…
· Gayan Abeykoon
Major Palestinian gang running forgery ring uncovered in West Bank op. by IDF, Israel Police
A major forgery operation being run by a Palestinian gang in the West Bank was uncovered on Tuesday, with Israel Police and IDF troops arresting five suspects and seizing a large number of forged documents.
· SHIR PERETS
Traders will soon be able to bet on computer chip prices as AI drives costs skyward
A new futures market for semiconductors will let traders hedge their artificial intelligence investments with bets on the increasingly expensive price of computing power.
· Tobias Burns
Goldman Sachs exec touts plans to automate ‘human assembly line’ with AI ‘robots’– and vows no mass layoffs
Goldman Sachs will unleash a wave of generative AI “robots” to automate its famed “human assembly line,” but the tech won’t spark mass layoffs, the bank’s President and Chief Operating Officer John Waldron said Tuesday.
· James Franey
Scary alert! Like negative gearing? Buy shares!
Don't pay so you can read it. Pay so everyone can!
· Michael West
CME Launching Futures Market For AI Compute
US derivatives exchange CME Group and index provider Silicon Data have teamed up to create a futures market for computing power, a key source driving the AI boom. Bloomberg reports that the futures will help traders, financial firms, AI builders and cloud providers manage volatility and price swings. Indexes from ma…
· Tyler Durden
Knesset advances in first reading bill to form Israeli antiquities authority in West Bank
A controversial bill aimed at creating a new civilian authority to oversee antiquities and heritage sites within the West Bank passed its first reading in the Knesset plenum overnight, between Monday and Tuesday.
· MIRIAM SELA-EITAM
Labor expects more migrants as Coalition, One Nation seek big reduction in numbers
The Albanese government expects 35,000 more migrants to stay in the country this financial year than previously forecast, as the Coalition prepares to announce a proposal to slash migration to combat a surge of voters moving to One Nation.
· Nick Newling, Brittany Busch