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Aramco's CEO Amin Nasser said the current energy supply shock which hit during its first quarter is the "largest the world has ever experienced.” He then added that even if the Strait of Hormuz were to open today, it would still require months for markets to restore balance, and that if the Hormuz “disruption” were …
RAMALLAH, West Bank (AP) — A Palestinian family has described how Israeli settlers in the northern West Bank forced them to exhume the newly buried grave of an elderly relative, claiming it was too close to a settlement recently authorized by Israel’s government.
The EU will sanction several Israeli settlers who committed acts of violence against Palestinians, EU High Representative for Foreign Affairs Kaja Kallas announced on Monday.
EU foreign ministers have agreed to impose new sanctions against violent Israeli settlers in the occupied West Bank.
United States President Donald Trump has rejected Iran’s response to his latest peace proposal to end the war, which has upended the global economy.
Setting stage for presidential summit with Xi in Beijing, Bessent and He to meet in South Korea, and the ‘3 Bs’ could be on the cards
Setting stage for presidential summit with Xi in Beijing, Bessent and He to meet in South Korea, and the ‘3 Bs’ could be on the cards
There is just one more month to go until co-hosts Mexico take on South Africa at the iconic Estadio Azteca in Mexico City to kick off the 2026 FIFA World Cup.
Israeli forces shot and killed a Palestinian man on Monday morning during a raid on Qalandiya refugee camp in the occupied West Bank, Wafa news agency reported.
US equity futures are off a touch as the US/IranIran failed to consummate a deal, which is boosting Energy commodities and bond yields. Still, stocks have withstood the resulting increase in oil prices and higher bond yields as the market remains focused on the memory/semi stock bubble. As of 8:00am ET, S&P and Nasd…
Re-defaults erode credit differentiation as homebuyer confidence weakens under slow income growth and high leverage, analysts warn
Re-defaults erode credit differentiation as homebuyer confidence weakens under slow income growth and high leverage, analysts warn
Nintendo shares plunged deeper into bear-market territory Monday after the company's full-year operating income forecast missed Bloomberg Consensus estimates. Traders were spooked on soft Switch 2 hardware and software guidance, and the margin squeeze from surging memory-chip costs continues to weigh on earnings, fi…
Of the city’s more than 4,000 minibuses, only about 10 are currently electric, according to industry leader
Of the city’s more than 4,000 minibuses, only about 10 are currently electric, according to industry leader
What is the state of Israel’s economy after nearly three years of war? As Israel increases its defense budget, weans itself off US aid, and halts the hiring of most Palestinian workers, can its industries continue to survive and thrive?
Abu Dhabi has launched Dh55 billion ($15 billion) worth of public-private partnership projects to boost major development in the transport, infrastructure and social sectors.
Palestinians living in both the West Bank and Gaza are becoming increasingly supportive of a two-state solution, according to a poll published in April by the independent nonprofit think tank the People’s Company for Polls and Survey Research (PCPSR).
Alphabet is tapping the yen bond market to finance its AI endeavors. (Photo by Kaori Yuzawa)
The Israeli military has deployed more troops to Qalandiya refugee camp in the occupied West Bank, where a raid is ongoing after a Palestinian man opened fire on Israeli border police.
Hong Kong has become a critical financial and logistical lifeline for Iran’s regime — helping move illicit oil, weapons technology and surveillance tools that fuel Tehran’s military machine and domestic repression, according to a bombshell report set for release Monday.
A beachfront penthouse on the Gold Coast has smashed Queensland’s off-the-plan apartment price record, selling for $30 million as the state’s prestige property market continues to defy broader cost-of-living pressures.
Welcome to Brisbane Times’ Queensland public sector column, Public Circus. This week: more budgets bear down, in-house consultants get cracking, an ombudsman out the door, and more.
Border Police officers killed a terrorist who opened fire on troops using an M-16 equipped with a telescopic sight, in Kalandiya in the West Bank, on Monday morning, the IDF and Israel Police said in a joint statement later that afternoon.
Nintendo shares plunged on Monday after the gaming giant warned sales of its flagship Switch 2 console would fall this fiscal year and after hiking the price of the device due to rising memory costs.
SEOUL, May 11 (Yonhap) -- Kim Jin-ill, a professor of economics at Korea University, has been recommended as a new member of the Bank of Korea (BOK)'s monetary policy board, the central bank said Monday.
Warsh would succeed outgoing Fed chair Jerome Powell as Trump continues his push to influence the US central bank
When the Reserve Bank of Australia (RBA) raised the cash rate target last Tuesday, the major banks were swift to announce their plans to pass on the hike to borrowers.But the same cannot be said for most customers who hold savings accounts with the banks, with many still waiting to hear if they can expect a higher …
Relentless global rush into artificial intelligence-linked semiconductor stocks continues to propel Seoul's market. (Source photos by AP and Reuters)
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K-pop girl group Babymonster also confirms concert stop at AsiaWorld-Arena early next year
K-pop girl group Babymonster also confirms concert stop at AsiaWorld-Arena early next year
A recent report in Financial Times indicates the European Union is preparing for "potential" future talks with Russia and President Vladimir Putin at a moment of extreme doubts over both US military commitments and Russia's intentions in Ukraine.
In the year since the Government’s flagship Leeds Reforms and Financial Services Growth and Competitiveness Plan, what progress has been made in rewiring the UK’s financial system for a much-needed boost to growth? This event brings together key figures from Westminster, the financial regulators and the financial se…
Rolling coverage of the latest economic and financial news
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
Fewer than 1.7 million couples tied the knot in the first quarter, the lowest total for the same period since lockdown-dominated 2020
Fewer than 1.7 million couples tied the knot in the first quarter, the lowest total for the same period since lockdown-dominated 2020
SEOUL, May 11 (Yonhap) -- The country's financial watchdog warned Monday that retail investors' overheated short-term and margin stock trading could pose risks, such as losses and increased costs, amid heightened market volatility.
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Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
Relentless global rush into artificial intelligence-linked semiconductor stocks continues to propel Seoul's market. (Source photos by AP and Reuters)
People stand in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, May 11, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
Policy surrender payouts rise as savings-bank deposits hit 4-year low
Kioxia Iwate's Kitakami plant in northern Japan is seen here in March 2024. The maker of memory chips has seen its share price jump 24 times, year on year. (Photo by Koji Uema)
Hanwha Aerospace said Monday it secured an additional order to supply three Chunmoo multiple rocket launcher systems to Estonia, expanding its footing in the European defense market amid rising regional security demand.
Banknotes are now so tattered that even buses refuse to accept them, as a dollarised economy and mobile phone payments push up the cost of essentials
Singapore, long viewed as a bellwether for the global economy, expects tourism spending to soften this year despite forecasting another increase in visitor arrivals, reflecting concerns that conflicts in the Middle East could weigh on consumer and business spending.
With a disrupted rental market and changing travel plans in response to recent regional conflict, temporary lodging is becoming an increasingly appealing option for people moving between homes or awaiting bigger decisions.