Hong Kong needs the people’s wisdom for its 5-year plan to succeed
The city can fuse market dynamism with strategic direction – but the key is support from the private sector and the public
· Jane Lee
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Newest first · UTC+11:00Hong Kong needs the people’s wisdom for its 5-year plan to succeed
The city can fuse market dynamism with strategic direction – but the key is support from the private sector and the public
· Jane Lee
[Pastilan] Sara Duterte, a wannabe president… and she can’t use a computer?
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· Herbie G
Humanoids, robots to drive next chapter of China’s manufacturing dominance: Morgan Stanley
Strategic state-led investment and low production costs are expected to lift the nation’s manufacturing export share amid deployment of advanced automation
· Sylvia Ma
Humanoids, robots to drive next chapter of China’s manufacturing dominance: Morgan Stanley
Strategic state-led investment and low production costs are expected to lift the nation’s manufacturing export share amid deployment of advanced automation
· Sylvia Ma
Finance chief says economy maintains 'solid fundamentals' amid Middle East crisis
SEOUL, May 8 (Yonhap) -- Finance Minister Koo Yun-cheol said Friday the economy continues to maintain its "solid fundamentals" but pledged a continued emergency posture as uncertainties stemming from the Middle East standoff persist.
· Kim Han-joo
Asia heat waves spell double trouble for economies hit by oil
Asia is grappling with a new threat to inflation on top of an oil shock as a looming El Nino brings soaring temperatures and dry weather to countries from India to New Zealand, driving up food costs.
· Claire Jiao
S. Korea logs largest-ever current account surplus in March: BOK
South Korea posted its largest-ever monthly current account surplus in March, driven by strong exports amid booming overseas demand for semiconductors, central bank data showed Friday.
· Yonhap
Can Vietnam’s bureaucracy reform boost investment amid growth threats?
Vietnam’s drive to energise its economy may take time to materialise in the face of rising fuel costs and trade barriers, analysts say
· Aidan Jones
Can Vietnam’s bureaucracy reform boost investment amid growth threats?
Vietnam’s drive to energise its economy may take time to materialise in the face of rising fuel costs and trade barriers, analysts say
· Aidan Jones
Sweat it out or eat it up in Seoul
A Seoul weekend between spring and summer can slip into very different moods --depending on what you’re after. For a sporty reset, the revamped track along Anyangcheon in Mokdong offers a fresh, open stretch for runners. Or lean into the city’s culinary charm at Tongin Market, where the beloved Coin Lunch Box Cafe t…
· Kim Jae-heun
Dodgers can’t argue with Justin Wrobleski’s results
Welcome to The California Post’s weekly Dodgers recap, where baseball writers Dylan Hernández and Jack Harris review the week that was, hand out very official awards and take stock of the state of the season.
· Jack Harris, Dylan Hernandez
Macquarie chief rakes in $26.5 million after profit surge
Macquarie Group has reduced the share of profits paid to key senior leaders including chief executive Shemara Wikramanayake, citing accountability for regulatory matters, after the bank also faced an investor backlash on executive pay last year.
· Clancy Yeates
Why Cantopop star Kay Tse chose Hong Kong over the lucrative mainland Chinese market
Cantopop singer Kay Tse’s two-decade career has been built on authenticity, a commitment to social issues and her love of Hong Kong
· Ashlyn Chak
Why Cantopop star Kay Tse chose Hong Kong over the lucrative mainland Chinese market
Cantopop singer Kay Tse’s two-decade career has been built on authenticity, a commitment to social issues and her love of Hong Kong
· Ashlyn Chak
S. Korea logs largest-ever current account surplus in March: BOK
SEOUL, May 8 (Yonhap) -- South Korea posted its largest-ever monthly current account surplus in March, driven by strong exports amid booming overseas demand for semiconductors, central bank data showed Friday.
· Kim Boram
Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes
Cloudflare reported first-quarter earnings Thursday that beat analysts' expectations, but shares fell 18% in extended trading as the company announced a 20% reduction in its workforce.
· Lola Murti
(EDITORIAL from Korea Times on May 8)
Real test behind market surgeRally highlights need for capital market reform in Korea
· Lee Haye-ah
(EDITORIAL from Korea Herald on May 8)
Time to weigh risksInflation, debt risks mount as Korea's stock markets celebrate historic highs
· Lee Haye-ah
ASX falls the furthest in seven weeks in near-$50b wipeout
The Australian share market has closed sharply lower, experiencing the biggest one-day fall in seven weeks and a near-$50 billion wipeout as oil prices rose on reports of fresh trouble in the Middle East.
· Lin Lin
Forget the naysayers — earnings surge means a ‘resilient’ Trump economy
Ken Griffin, the billionaire chief of the Citadel Investment empire, recently expressed his amazement at how President Donald Trump has had the fortitude to survive multiple assassination attempts while still bringing his A-game for the American people.
· Charles Gasparino
Shake Shack shares shook by sales shock, sliding 30%
Shake Shake’s shares tumbled 30% on Thursday after it blamed disappointing financial results on bad weather, high beef prices and tourism declines.
· Lisa Fickenscher
Hamptons ‘saltbox’ house built before the Declaration of Independence hits market for $4M
A historic Hamptons saltbox home that predates the Declaration of Independence just hit the market in Sagaponack, NY, after undergoing a meticulous restoration that breathed new life into its 280-year-old bones—while carefully maintaining its original charm and character.
· Realtor.com
El Faro's assets frozen in what the news outlet calls political persecution in Bukele's El Salvador
MEXICO CITY (AP) — Salvadoran investigative outlet El Faro announced Thursday that its members’ assets, including a bank account and property, were frozen, in what it denounced as an escalation of political persecution for its work exposing corruption in the government of President Nayib Bukele.
· Anna Catherine Brigida
How major US stock indexes fared Thursday 5/7/2026
The U.S. stock market fell from its records after oil prices yo-yoed.
· The Associated Press
CoreWeave stock sinks 10% on weak revenue guidance, increased spending forecast
CoreWeave shares tumbled 10% in extended trading on Thursday after the AI infrastructure provider issued light revenue guidance and increased its 2026 capital spending forecast.
· Jordan Novet
UAE takes top spot again for AI adoption, Microsoft report says | The National
The UAE has again taken top ranking for adopting artificial intelligence, according to the 2026 Microsoft AI Economy Institute analysis.
· Cody Combs
Obscurities of the 2015 Bond Scam still linger
Eleven years have passed since one of the most controversial financial scandals in Sri Lanka’s modern history shook public confidence in State institutions. The Central Bank bond scam of 2015, which unfolded under the “good governance” administration, remains etched in the national consciousness as a moment when tru…
· Gayan Abeykoon
‘Maldives open, ambitious and ready to partner’
The Maldives currently runs a trade deficit with Sri Lanka of over $166 million. While this reflects the strong presence of Sri Lankan goods in the Maldivian market, it also signals an opportunity to deepen and rebalance the partnership through greater two-way trade, targeted investments and high-impact joint ventur…
· Gayan Abeykoon
CIABOC re-files indictment in Greek Bond case - DailyNews
The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) re-filed indictment against former Central Bank Governor Ajith Nivard Cabraal for violating the condition imposed by Colombo High Court over the case causing loss of over Rs. 1, 800 million to the Government by purchasing treasury bills from…
· Gayan Abeykoon
A new nuclear umbrella rises over the Gulf as confidence in the US fades
By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation
· RT
Read Full Article at RT.com
By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation
· RT
Seventy four foreigners arrested for fraud, visa overstay - DailyNews
Fort Magistrate Pasan Amarasena yesterday (7) ordered the remand of 74 Vietnamese nationals arrested by the Kollupitiya Police on Wednesday (6) on suspicion of committing financial fraud via the internet and for violating visa conditions until May 14. The Magistrate ordered the remand of 41 Vietnamese nationals, age…
· Gayan Abeykoon
Financial boost for Sri Lanka Football - DailyNews
FIFA has increased annual funding by 20 percent for all its 211 member nations at the 76th FIFA Annual Congress held in Vancouver, Canada with the Football Federation of Sri Lanka set to receive USD 12 million from this year, FFSL President Jaswar Umar said.
· Gayan Abeykoon
GINHAWA for the middle class: From relief to a P1 million tax-free future
AS inflation continues to outpace wage growth, Filipino workers are demanding not just relief, but fairness. Against this backdrop, Senator Win Gatchalian’s proposed GINHAWA Act offers a timely response by addressing the erosion of take-home pay through targeted tax relief for working Filipinos.
· The Manila Times
Sampath Bank strengthens ocean plastic reduction efforts with MRF in Dickwella
Sampath Bank PLC handed over a fully operational Material Recovery Facility (MRF) in Bathigama, Dickwella, under its ‘A Breath to the Ocean’, ocean plastic reduction initiative.
· Gayan Abeykoon
People’s Bank supports National QR Payment Adoption Programme - DailyNews
Marking a significant milestone in Sri Lanka’s digital transformation journey, the National QR Payment Adoption Programme was recently launched with the objective of accelerating the country’s transition towards a cash-lite economy.
· Gayan Abeykoon
CSE Academy authorised examination centre for Linguaskill by Cambridge
The Colombo Stock Exchange (CSE) and Cambridge University Press and Assessment partnered, making CSE Academy an authorised examination centre for Linguaskill by Cambridge recently on April 30, bringing the English proficiency test designed for academics and professionals to CSE’s 12 branches leveraging the exchanges…
· Gayan Abeykoon
DFCC Bank strengthens digital capability through FITIS membership
DFCC Bank PLC has been certified as a Full Member of the Federation of Information Technology Industry Sri Lanka (FITIS) for 2026, marking a step in the Bank’s ongoing effort to strengthen its digital capability and align more closely with the country’s evolving technology ecosystem.
· Gayan Abeykoon
Shares – Colombo Stock Exchange ( Market Statistics on 07.05.2026 )
Sri Lanka’s most Trusted and Innovative media services provider
· Gayan Abeykoon
ASX set to fall as Wall Street retreats from records
The US stock market is hanging just below its records while oil prices keep dropping on hopes that a deal may be nearing to allow tankers to deliver crude once again from the Persian Gulf to customers.
· Stan Choe
Shell CEO says oil market is short nearly 1 billion barrels due to Iran war and the hole deepens every day
The oil market faces a shortage of nearly one billion barrels that will only get worse every day the conflict in the Middle East drags on, Shell CEO Wael Sawan told investors Thursday.
· Spencer Kimball
Daiwa House buys regional US homebuilder, tapping into fast-growing market
A United Homes single-family home. (United Homes Group)
· Staff Writer
Israeli education minister threatens to deny universities’ funding over political activism, says presidents ‘are welcome to resign’
Israeli Education Minister Yoav Kisch has threatened to advance legislation imposing financial sanctions on educational institutions unless they commit to keeping politics out of academia, he confirmed on Tuesday.
· Jewish News Syndicate
Michele Bullock has made a bold move – and it’s not the rate rise
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· Millie Muroi
Inflation to hit 5 per cent as oil price bites – and it could get even worse
Inflation is likely to hit 5 per cent by the middle of the year and could soar to 7 per cent by Christmas if the war against Iran pushes oil to $US200 a barrel, with Jim Chalmers’ fifth budget to confirm Australians will face ongoing price pressures.
· Shane Wright, Paul Sakkal
Entrepreneurs warn against reducing CGT discount on shares
Some think Jim Chalmers will announce a return to the pre-1999 inflation indexation model for capital gains for all asset classes. (ABC News: Adam Kennedy)
· Nassim Khadem
Is AI replacing your financial advisor?
Wall Street is reacting nervously to AI disruption. But advisors who understand that machines can handle labor while professionals focus on judgment may be better positioned to adapt.
· Kaitlyn Gomez
Whirlpool shares drop 20% as appliance giant warns consumer sentiment at ‘recession level lows’ on Iran war
Whirlpool’s shares plunged more than 20% after the company said consumer confidence has fallen to “recession level lows” because of the Iran war, tanking demand for its big appliances.
· Lisa Fickenscher
Jordan tourism hit by war as visitor numbers plunge
Tourism, which accounts for around 14 percent of Jordan’s economy, is facing a sharp downturn as the war disrupts travel across the region.
· Middleeasteye