China should stop hoarding food and fertiliser, says former World Bank chief
A former World Bank president has told the BBC that China should stop hoarding food and fertiliser to ease a global supply crisis caused by the Iran war.
· Sam Fenwick
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Newest first · UTC+11:00(EDITORIAL from Korea JoongAng Daily on May 12)
Stock market mustn't be reduced to casino for speculators
· Chae Yun-hwan
Narenda Modi tells Indians to stop buying gold, work from home, as Iran war dents economy
Prime Minister Narendra Modi on Sunday urged Indians to cut down on petrol and diesel consumption and stop buying gold, in a sign that the US-Israeli war on Iran is starting to jolt the world’s fourth-largest economy.
· Middleeasteye
From stigma to listing: F88 brings Vietnam pawnshops into the mainstream
HANOI -- When Phung Anh Tuan was a 20-year-old university student two decades ago, he ran out of cash to pay staff at a cybersecurity startup. A bank loan was out of reach on such short notice, so he walked into a pawnshop, pledged what he had and borrowed enough to keep the business going.
· MAI NGUYEN
Jack Osbourne ‘defaults’ on $250,000 loan he was granted before media empire went bust
Former reality TV star Jack Osbourne is being sued by a furious bank that claims he defaulted on a $250,000 loan, according to a new lawsuit.
· Jeremy Louwerse
Soccer fans warned of 36% spike in ticket fraud ahead of World Cup 2026: ‘Incredibly convincing’
A top British bank is warning of a big spike in ticket fraud ahead of this year’s World Cup, as sky-high prices could drive fans into the arms of scammers.
· James Franey
Trump signing executive orders to lower beef prices as cost of a steak breaks records
President Trump is signing a pair of executive orders aimed at lowering beef prices, a White House official told The Post – his latest effort to ease affordability as the price of a tasty steak skyrockets and inflation concerns loom ahead of this year’s midterm elections.
· Taylor Herzlich
How major US stock indexes fared Monday 5/11/2026
Oil prices rose as the war with Iran threatens to drag on, but U.S. stocks nevertheless inched to more records.
· The Associated Press
Export sector to benefit from lower input costs- World Bank
The ongoing and planned trade reforms, including the gradual removal of para-tariffs, could improve competitiveness and increase household consumption by around 3.1%, with stronger gains for lower-income households, the World Bank’s April 2026 South Asia Economic Update release on Friday(8) said.
· damith
Proposal to establish ‘Gem Bank’ to make Lanka richest country in world
A special proposal has been submitted to make Sri Lanka the richest country in the world, based on the gem resources it possesses.
· damith
SL Blue Swimming Crab cleared for export to USA
The Fisheries, Aquatic and Ocean Resources Ministry said that obstacles to exporting Sri Lankan Blue Swimming Crab to the US market have been cleared, as Sri Lanka successfully met the stringent conditions imposed under the Marine Mammal Protection Act (MMPA).
· damith
Lankan ICT companies have strengthened their presence in the European market
Sri Lankan ICT companies have strengthened their presence in the European market through participation in a strategic market exposure programme organized under the collaboration between the Sri Lanka Export Development Board (EDB) and the Import Promotions Desk Germany (IPD).
· damith
Netanyahu condemns EU sanctions on settlers 'for living' in occupied West Bank
Israeli Prime Minister Benjamin Netanyahu’s office has lashed out at new European Union sanctions targeting Israeli settlers, rejecting the measures as illegitimate.
· Middleeasteye
EU agrees sanctions on Israeli settlers over West Bank violence
The twenty-seven foreign ministers of the European Union approved new sanctions on Monday on Israeli settlers over rising violence against Palestinians in the occupied West Bank.
· Ione Wells
Govt borrowing: Bangladesh risks falling into debt trap - DailyNews
Bangladesh’s economy has reached a critical juncture where mounting public debt, chronic revenue shortfalls, and surging interest payments are creating unprecedented pressure.
· damith
JKCG Auto partners BOC and SLIC to support EV adoption among Government sector employees - DailyNews
John Keells CG Auto (JKCG Auto), the authorised distributor of BYD and DENZA in Sri Lanka, has launched a campaign in partnership with Bank of Ceylon (BOC) and Sri Lanka Insurance Corporation General Ltd. (SLIC) to accelerate New Energy Vehicles (NEV) adoption among government sector employees.
· damith
HNB introduces tailored financing for 447 Luna Tower Apartments - DailyNews
HNB PLC, a leading private bank in Sri Lanka, has entered a significant new chapter in its legacy of enabling homeownership through a partnership for 447 Luna Tower with Union Place Apartments (Pvt) Ltd., a Belluna Lanka company.
· damith
Eye Bank transplants over 12,000 corneas in 15 year history - DailyNews
Out of more than 17,000 corneas the Eye Bankreceived in the past 15 years, 12,000 were transplanted into local patients.
· damith
Inflation rises sharply amid tensions in the Middle East
The Colombo Consumer Price Index-based (CCPI-based) headline inflation Y-o-Y (year-on-year) accelerated in April 2026 reflecting the spillovers from the ongoing war in the Middle East, particularly the significant upward adjustments in domestic energy prices.
· damith
Kalshi promo code NYPMAX: Trade $10, get $10 for Avalanche vs. Wild
Kalshi has a new user bonus for people who want to sign up for the fast-growing prediction market platform for the Stanley Cup Playoffs.
· Malik Smith
Share Market Statistics on 11.05.2026
Sri Lanka’s most Trusted and Innovative media services provider
· damith
What do everyday Aussies actually want from tonight's budget?
If public sentiment is anything to go by, everyday Australians are sick of struggling.As Treasurer Jim Chalmers prepares to hand down his fifth budget, housing affordability, tax reform and rising day-to-day expenses are expected to sit front and centre in Canberra.Nine.com.au asked Australians what they actually wa…
· Tilli Andrew
ASX set to climb as Wall Street rises; Oil higher
Oil prices are rising as the war with Iran threatens to drag on for longer, but the US stock market is nevertheless inching toward more records.
· Stan Choe
Who is Shane L. Campbell? Meet Bethenny Frankel’s new boyfriend
Bethenny Frankel is officially off the market after hard-launching Shane L. Campbell as her boyfriend.
· Riley Cardoza
EU agrees sanctions on Israeli West Bank settlers, Hamas leaders
The European Union has agreed to impose sanctions on Israeli settlers and leading Hamas figures.
· Al Jazeera
Why the auction market just weakened to downturn-era levels
Home owners can no longer expect that their property is worth as much money as it was even a few months ago, as the auction market weakens to levels last seen in the 2022 downturn.
· Elizabeth Redman
It’s no certainty Cleary will test the market. But he’s in no rush to re-sign
Nathan Cleary says he is no certainty to test the market at the end of the year – but also insists has no desire to open contract negotiations with Penrith during the State of Origin series.
· Christian Nicolussi
Cricket Australia hoping private owners can make BBL a cricket 'grand slam'
The Big Bash League is in an increasingly crowded market of T20 tournaments. (ABC News: Luke Bowden)
· Jon Healy
The cost of the caring burden for single, childless women
Women without children tend to have interruptions to their working lives later in their careers while caring for aging family members. (Adobe Stock)
· Kellie Scott
David Harbour quickly, and quietly, rushed to sell his renovated ‘P—y palace’ for $2.7M at the time of his split
Before Lily Allen turned David Harbour’s private life into one of the most talked-about divorce albums of the decade, the “Stranger Things” actor was quietly making moves of his own. It started with a discreet off-market sale of the downtown Manhattan apartment that would become ground zero for the couple’s very pub…
· Mary K. Jacob
How impunity in Shireen Abu Akleh’s case fuels Israeli attacks on the press
Medics had to restrain Palestinian journalist Ali al-Samoudi while tending to his bullet wound when the body of his colleague Shireen Abu Akleh arrived at Ibn Sina hospital in the occupied West Bank.
· Ali Harb, Brian Osgood
Trump Wants To Slash Child Care Costs By Getting Government Out Of The Way
Child care in America has become a significant financial burden. For many families, it now rivals rent, a mortgage, or student loan payments.
· Tyler Durden
American Bankers Attempt Last Ditch Effort To Kill Crypto Market Structure Bill Regarding Stablecoins
American Bankers Association (ABA) CEO Rob Nichols sent an emergency Sunday letter to every bank CEO in the country, urging “immediate engagement” against what he called a stablecoin yield loophole in the Digital Asset Market Clarity Act, days before a Senate Banking Committee markup scheduled for Thursday.
· Tyler Durden
OpenAI employees cashed out $6.6B in stock sales last fall, earning up to $30M each: report
Sam Altman’s OpenAI allowed employees to cash out a whopping $6.6 billion in sales of shares last October, according to a report.
· Thomas Barrabi
Late San Francisco Giants Owner Peter Magowan’s Stunning Napa Valley Wine Estate Hits the Market for $13 Million
The stunning Napa Valley residence of San Francisco Giants owner Peter Magowan has been brought to the market for $13 million—seven years after the sporting giant died of cancer.
· Realtor.com
Ben Gvir calls EU ‘antisemitic’ as bloc sanctions Israeli settlers
Israel’s far-right National Security Minister, Itamar Ben Gvir, has condemned the European Union after it moved to sanction Israeli settlers accused of carrying out violence against Palestinians in the occupied West Bank.
· Middleeasteye
Polymarket promo code NYPMAX: Deposit $20, get $20 for NBA Finals markets
New York Post readers can try out Polymarket, the fast-growing prediction market, and redeem a $20 bonus when they create an account using the Polymarket promo code NYPMAX.
· Malik Smith
Five Guys closing multiple California stores, including 2 LA County locations
Burger chain Five Guys is shuttering multiple California locations and cutting dozens of jobs as the fast-casual giant buckles under financial pressures — as critics say their high menu prices are pushing consumers away.
· Bianca Zalben
Iraqi PM-designate caught between US endorsement, militia violence - report
Ali al-Zaidi, Iraq's prime minister-designate endorsed by US President Donald Trump, owns a bank that was banned by the United States Treasury in 2024 for alleged links to Iran's Islamic Revolutionary Guard Corps (IRGC), The Wall Street Journal reported on Sunday.
· JERUSALEM POST STAFF
Home sales barely budge in April as spring buying season off to disappointing start
Sales of previously occupied US homes were essentially flat in April, another lackluster showing for the housing market during what’s traditionally its busiest time of the year.
· Associated Press
UAE schools look to bounce back but nurseries feel financial squeeze | The National
Schools in the UAE welcomed pupils back to classrooms on Monday, with principals saying there was a clear appetite for no more disruption to children’s education.
· Alexander Christou
Kevin Hart went MIA, changed phone number after layoffs at his struggling media company: report
Kevin Hart vanished from his struggling namesake media company’s office for weeks at a time and left anxious employees to navigate layoffs, canceled meetings and mounting financial turmoil without him, according to a new report.
· Ariel Zilber
Gambling and the city
GAMBLING has a profound impact in a city. A few years ago, while doing volunteer work with Filipino migrant workers (OFWs) in Macau, I observed the exuberance of its gambling economy at its apex and its sudden collapse when Xi Jinping banned Chinese mainlanders from gambling in Macau.
· Arnel Casanova
Filipinos seen growing more cautious as inflation bites
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· Niña Myka Pauline Arceo
EU formally green-lights sanctions against Israeli settlers
EU foreign ministers on Monday formally approved sanctions against Israeli settlers over attacks on Palestinians in the West Bank, after Hungary dropped months of opposition following its change of government.
· Milena Wälde
Oil rises, stocks mixed on US-Iran deadlock
LONDON, United Kingdom — Global stock markets diverged while oil prices rose on Monday after US President Donald Trump rejected Iran's terms for ending the war in the Middle East.
· Agence France-Presse
China tightens its grip on global shipbuilding, grabbing 85% of new orders
China’s shipyards secured a staggering 85 per cent of global orders in the first quarter, as demand for oil tankers surges amid the Iran war
· Carol Yang
China tightens its grip on global shipbuilding, grabbing 85% of new orders
China’s shipyards secured a staggering 85 per cent of global orders in the first quarter, as demand for oil tankers surges amid the Iran war
· Carol Yang
EU sanctions Hamas leaders and Israeli settlers, but shelves stronger economic pressure
European Union foreign policy chief Kaja Kallas speaks with the media as she arrives for a meeting of EU foreign ministers at the European Council building in Brussels, Monday, May 11, 2026. (AP Photo/Marius Burgelman)
· Sam Mcneil
Aramco CEO Says Energy Market May Not Normalize Until 2027 Amid Billion-Barrel Supply Shock
From the Trump administration's recent Project Freedom push to mounting warnings from Wall Street analysts, security experts, energy strategists, and major oil company executives, there is a growing sense that the global energy market is quickly approaching a breaking point due to the heavily disrupted Strait of Hor…
· Tyler Durden