Fuel shocks, thin margins: why China’s airlines should ‘heed Spirit’s mistakes’
Demise of US budget carrier seen as a warning sign of how turbulent it could get for China’s airlines with fragile bottom lines
· Frank Chen
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Newest first · UTC+11:00Fuel shocks, thin margins: why China’s airlines should ‘heed Spirit’s mistakes’
Demise of US budget carrier seen as a warning sign of how turbulent it could get for China’s airlines with fragile bottom lines
· Frank Chen
Japan suspected of near $30bn interventions in thin Golden Week trading
Japanese Finance Minister Satsuki Katayama has been warning that she is prepared to take "decisive action" against speculative yen selling. Market participants wonder if she might become overzealous. (Nikkei montage/Source photos by Lejun Wang and Sae Kamae)
· AKANE OKUTSU
Korean households spend just 130 won per 10,000 won in stock gains
Much of the gains from Korea’s stock rally are redirected into real estate, limiting consumer spending
· Hwang Sun-jun
Australia’s interest rate rise signals growing hawkish stance in Asia
Reserve Bank of Australia is less an outlier than a harbinger of global monetary trends in the wake of war-induced supply shocks
· Nicholas Spiro
Australia’s interest rate rise signals growing hawkish stance in Asia
Reserve Bank of Australia is less an outlier than a harbinger of global monetary trends in the wake of war-induced supply shocks
· Nicholas Spiro
China’s exporters face test as yuan hits 3-year high against US dollar
Beijing is pushing for a stronger yuan to help globalise the currency, but the upswing could create issues for the country’s export giants
· Karen Tian
China’s exporters face test as yuan hits 3-year high against US dollar
Beijing is pushing for a stronger yuan to help globalise the currency, but the upswing could create issues for the country’s export giants
· Karen Tian
WATCH: PH economy sinks to five-year low at 2.8% in Q1
This is The Manila Times, where we bring you stories that shape our world.
· The Manila Times
The Weeknd to return to Hong Kong after 8 years with Kai Tak show in October
Insiders say The Weeknd is slated to perform at the main stadium of Kai Tak Sports Park in October
· Wynna Wong
The Weeknd to return to Hong Kong after 8 years with Kai Tak show in October
Insiders say The Weeknd is slated to perform at the main stadium of Kai Tak Sports Park in October
· Wynna Wong
Philippines says China vessel conducting ‘illegal’ research near gas-rich Reed bank
This is AI generated summarization, which may have errors. For context, always refer to the full article.
· Mia Gonzalez
Manus on Markets: Stocks soar as US and Iran enter crunch day of talks | The National
From tariff turmoil and stock shocks to market meltdowns, the global financial system has never been in such flux.
· Manus Cranny
Tesla holds No.1 spot in Korea imported car market for third month
Tesla topped South Korea’s imported car market for the third consecutive month in April, fueled by robust electric vehicle demand amid high fuel prices, industry data showed Thursday.
· Ahn Sung-mi
Sustainability is no longer a cost, but a market: Herald CEO
H.EcoTech Festa links climate action with business, innovation and careers
· Choi Jeong-yoon
Race-by-race tips and previews for Gosford on Saturday
Race 1 - 11:15AM WIN $100k @ THE COAST RACEDAY 2YO HANDICAP (1200 METRES)2. Priory Park should be at the top of his game with two runs under his belt including a fighting win at Muswellbrook beating a handy type with a big gap to the rest. He was sound on debut at Hawkesbury and may have the chance to control this r…
· Ray Hickson
Creditors up Yeochun NCC's L/C to US$300 mln for naphtha import
SEOUL, May 7 (Yonhap) -- Creditors of Yeochun NCC, a major producer of ethylene products in the country, decided to raise the upper limit of the company's letter of credit (L/C) to US$300 million, to help secure naphtha supplies, the financial regulator said Thursday.
· Park Sang-soo
S. Korea, Japan hold upgraded bilateral security dialogue amid North Korea, Middle East concerns
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…
· Jung Min-kyung
Norway's central bank raises interest rates to curb inflation; European stocks edge higher
European stocks opened slightly higher on Thursday as investors await the outcome of reports that Washington and Tehran are nearing an agreement to end the war.
· Joseph Wilkins
Private health care. Why community ratings are failing the young
Don't pay so you can read it. Pay so everyone can!
· Claudia Weisenberger
Asian Development Bank's $70 billion energy and digital infra push puts Southeast Asia center stage
The Asian Development Bank $70 billion plan, backing new energy and digital infrastructure in the region, is set to boost Southeast Asia the most.
· Justina Lee
Hyundai Mobis to complete full EV powertrain lineup this year
Hyundai Mobis said Thursday it had developed its own 160-kilowatt power electric system for mass-market electric vehicles.
· Byun Hye-jin
Bithumb signs Vietnam crypto exchange deal with SSID
Bithumb eyes Vietnam crypto market
· Choi Yeon-jae
Major securities firms urged to extend risk capital supply
SEOUL, May 7 (Yonhap) -- The country's financial regulator said Thursday that major securities firms need to extend their support to high-risk but promising companies as part of their ongoing effort to bolster productive financing.
· Park Sang-soo
Hong Kong sharpens commodities hub ambitions with mediation and yuan push
Financial Secretary Paul Chan Mo-po sees “clear room” for more yuan-denominated commodities products as Hong Kong explores mediation role
· Enoch Yiu
Hong Kong sharpens commodities hub ambitions with mediation and yuan push
Financial Secretary Paul Chan Mo-po sees “clear room” for more yuan-denominated commodities products as Hong Kong explores mediation role
· Enoch Yiu
Rupiah’s fall shows old emerging-market playbook no longer works
Keep independent journalism alive
· Irvan Maulana
Gas bills 'no longer hostage' to international market under new laws to drop price
Topic:Federal Government
· Jane Norman
Stock market investment gains still being funneled into real estate: BOK report
SEOUL, May 7 (Yonhap) -- The Bank of Korea (BOK) on Thursday assessed that investors are funneling their positive returns from stock investment into the local property market instead of on consumption.
· Deok-Hyun Kim
Chinese household appliance maker Midea seeks US$2.2 billion from convertible bond sale
Midea looks to tap into the debt market to fund its overseas expansion and boost offshore liquidity amid rising sentiment on the stock.
· Zhang Shidong
Chinese household appliance maker Midea seeks US$2.2 billion from convertible bond sale
Midea looks to tap into the debt market to fund its overseas expansion and boost offshore liquidity amid rising sentiment on the stock.
· Zhang Shidong
Asean continues to pursue economic cooperation amid global uncertainties
LAPU-LAPU CITY — The Association of Southeast Asian Nations (Asean) widens its economic push as the region accelerates efforts to integrate micro, small and medium enterprises into global value chains while pursuing energy security reforms and a unified digital economy framework in Southeast Asia.
· Kaiser Jan Fuentes
Samsung halts all home appliance sales in China as pivot to AI accelerates
The South Korean firm had seen its market share in mainland China dwindle amid intense competition from a slew of domestic rivals
· Wency Chen
Samsung halts all home appliance sales in China as pivot to AI accelerates
The South Korean firm had seen its market share in mainland China dwindle amid intense competition from a slew of domestic rivals
· Wency Chen
SoftBank shares surge over 16% as Japan tech stock-fueled rally lifts Nikkei 225 to record highs
Shares in Japanese tech-focused investment giant SoftBank Group soared 16.5% Thursday, amid a broader tech-fueled rally that saw Japan's Nikkei 225 surge to record highs.
· Lee Ying Shan
Hang Seng crosses 26,500 as Hong Kong stocks rally on easing Middle East fears
Alibaba and Baidu lead gains after softer crude prices and overnight advance in US equities boost market sentiment
· Peggy Ye
Hang Seng crosses 26,500 as Hong Kong stocks rally on easing Middle East fears
Alibaba and Baidu lead gains after softer crude prices and overnight advance in US equities boost market sentiment
· Peggy Ye
MacArthur Park raid: A direct strike against the cartel pipeline
Today’s Operation Free MacArthur Park dismantled a massive fentanyl ring feeding LA’s most notorious open-air drug market.
· Richie Greenberg
MacArthur Park raid’s a direct strike on Mexico’s vile cartel pipeline
Today’s Operation Free MacArthur Park dismantled a massive fentanyl ring feeding LA’s most notorious open-air drug market.
· Richie Greenberg
Oil shock, corruption scandal drag Philippine economy’s growth to 2.8% in Q1 2026
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· Tati Maligro
Oil prices sink and stocks leap worldwide on hopes for a reopening of the Strait of Hormuz
NEW YORK — Oil prices sank Wednesday, and stock markets rallied worldwide with hopes that the United States and Iran are nearing a deal to allow ships to deliver crude from the Persian Gulf once again to their customers.
· Associated Press
Iran war fallout batters Philippine GDP
Jeepney drivers gather to receive government cash aid in Manila on April 16. Transportation workers are among those hit hardest by soaring fuel prices in the Philippines, which imports 98% of its oil needs. © Reuters
· RAMON ROYANDOYAN
Philippine GDP growth slows to 2.8% as Iran war batters economy
Jeepney drivers gather to receive government cash aid in Manila on April 16. Transportation workers are among those hit hardest by soaring fuel prices in the Philippines, which imports 98% of its oil needs. © Reuters
· RAMON ROYANDOYAN
Australia’s one of the world’s biggest gas exporters. Labor will now force the companies to save some for domestic market
Hot on the heels of Prime Minister Anthony Albanese’s blunt rejection of a popular campaign to ramp up gas company taxes, Labor is set to reveal terms of the first-ever east coast gas reservation policy to force exporters to hold back supply for local users.
· Mike Foley, Nick Toscano
Oil prices steady and Asian shares advance on hopes for reopening the Strait of Hormuz
Trader Joseph Stevens, left, works on the floor of the New York Stock Exchange, Tuesday, May 5, 2026. (AP Photo/Richard Drew)
· Elaine Kurtenbach
China’s energy security strategy expands south: how Hainan is becoming an LNG storage hub
Global supply shocks have intensified in recent months – reaffirming Beijing’s years-long strategy
· Carol Yang
China’s energy security strategy expands south: how Hainan is becoming an LNG storage hub
Global supply shocks have intensified in recent months – reaffirming Beijing’s years-long strategy
· Carol Yang
Inside India newsletter: Social media is reshaping the world's fastest-growing market for global brands
Hello, this is Priyanka Salve, writing to you from Singapore.
· Priyanka Salve
Treasury Weighs Allowing Billionaires To Donate Stock To Trump Accounts
Here's something that could go incredibly well or spectacularly wrong: The Trump administration’s flagship program for American children - the so-called Trump accounts - could soon get a dramatic upgrade. White House and Treasury Department officials are in internal discussions about letting the world’s wealthiest i…
· Tyler Durden