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
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Newest first · UTC+11:00Inside 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
A blooming bond market shows trust in Hong Kong dollar assets
The latest Hong Kong dollar-denominated offerings encourage more issuers from Hong Kong and overseas to explore local‑currency financing
· SCMP Editorial
A blooming bond market shows trust in Hong Kong dollar assets
The latest Hong Kong dollar-denominated offerings encourage more issuers from Hong Kong and overseas to explore local‑currency financing
· SCMP Editorial
Israeli forces bulldoze farmland near Jenin amid settlement fears
Israeli forces have bulldozed agricultural land in the town of Arrabeh, south of Jenin in the occupied West Bank, according to Wafa news agency.
· Middleeasteye
FanDuel fires CEO Amy Howe amid stock slump, rising competition from prediction markets
FanDuel CEO Amy Howe has been shown the door after five years with the company.
· Sean Treppedi
Korea's foreign reserves rise in April despite FX market-stabilizing measures
SEOUL, May 7 (Yonhap) -- South Korea's foreign reserves rebounded in April despite efforts by authorities to manage exchange rate volatility, the central bank said Thursday.
· Kim Boram
Insurers' overseas units see rise in 2025 earnings
SEOUL, May 7 (Yonhap) -- South Korean insurers' overseas units posted a 24.8 percent-gain in their earnings last year as they expanded their operations overseas, the financial watchdog said Thursday.
· Park Sang-soo
FIFA president Gianni Infantino appears to blame US resale market for sky-high World Cup prices
FIFA President Gianni Infantino says if fans don’t like the sky-high prices for this year’s World Cup, then too bad!
· James Franey
Israeli raids continue across occupied West Bank
Israeli forces continued military operations across the occupied West Bank on Wednesday, including the detention of a young Palestinian man in the city of Tubas, according to the Wafa news agency.
· Middleeasteye
How major US stock indexes fared Wednesday 5/6/2026
Oil prices sank, and stock markets burst higher worldwide with hopes that a deal is nearing to allow tankers to deliver crude from the Persian Gulf again.
· The Associated Press
US treasury secretary to discuss weak yen in Japan next week
U.S. Treasury Secretary Scott Bessent, center, will meet with Japanese Prime Minister Sanae Takaichi, left, and Bank of Japan Gov. Kazuo Ueda on May 12. (Nikkei montage/Source photos by Nikkei and Reuters)
· TAKESHI KAWANAMI
Trump looks for a silver bullet to end the Iran war - DailyNews
Experts are dubious that time will work in Mr. Trump’s favor. The United States “can certainly do more damage to the Iranian economy, but they have withstood more pressure than any other economy in history, and that hasn’t produced the collapse of the regime or more reasonable positions,” said Suzanne Maloney, an Ir…
· Gayan Abeykoon
Restructuring of SriLankan Airlines’ State bank loans concluded
The restructuring of Rs. 91.3 billion in loans obtained from State banks by SriLankan Airlines has now been completed, Ports and Civil Aviation and Energy Minister Anura Karunathilaka revealed in Parliament yesterday (6).
· Gayan Abeykoon
Seylan Bank recognised employees with commendable performance - DailyNews
Seylan Bank recently recognised employees who achieved notable success at national-level mercantile sports competitions, reaffirming the Bank’s commitment to holistic employee development, teamwork and well-being beyond the workplace.
· Gayan Abeykoon
NSB takes digital banking to people with islandwide digital drive
In line with the national vision of accelerating digital transformation and financial inclusion, the National Savings Bank has launched an extensive Digital Drive campaign, taking banking services directly to the people through town storming initiatives and digital literacy programmes across key locations.
· Gayan Abeykoon
Shares - Colombo Stock Exchange ( Market Statistics on 06.05.2026 ) - DailyNews
Sri Lanka’s most Trusted and Innovative media services provider
· Gayan Abeykoon
Gold price up - DailyNews
It has been reported that in line with the rapid increase in the price of gold in the international market, the price of gold in the local market has also increased significantly.
· Gayan Abeykoon
Mamdani slams Israeli real estate event in NYC as 'effort to displace Palestinians'
New York City mayor Zohran Mamdani on Wednesday slammed an Israeli real estate expo at a local synagogue one day earlier, which had been promoting homes and land in the occupied West Bank.
· Middleeasteye
ASX set to jump as oil falls and sharemarkets rally on Iran deal hopes
Oil prices are sinking and stock markets are bursting higher 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.
· Stan Choe
Kalshi promo code NYPMAX: Trade $10, get $10 for Knicks vs. 76ers Game 2
Kalshi has a welcome bonus for first-time users who want to sign up for the fast-growing prediction market platform this spring.
· Malik Smith
Would you rather hand over $300 a month to your bank or the government?
A borrower with a fairly typical $700,000 mortgage has seen a $317 increase to their monthly repayments with three rate rises this year. (ABC News: Alistair Kroie/John Gunn)
· Michael Janda
'Insider trading': Oil and stocks jolt on news of US-Iran deal as some cry 'manipulation'
A report that Iran and the US were inching closer to a peace deal sent oil prices plunging and stock indexes soaring, as some traders claimed that the false starts were starting to smell of market manipulation.
· Middleeasteye
'Still So Early On This Journey': Morgan Stanley Launches Lower-Cost Crypto Trading
Just a week after Amy Oldenburg, Morgan Stanley’s head of digital assets, spent the better part of an hour making a case for bitcoin that few clients have heard in full (a gap she says is the industry’s most urgent problem), the bank announces the launch of crypto trading on E*Trade, charging 50bps in a pilot that u…
· Tyler Durden
How Iain escaped Australia's insecure, unaffordable rental nightmare
A new rental cooperative in Melbourne is offering low-income renters better housing than the private market. (ABC News: Rhiannon Stevens)
· Rhiannon Stevens
Chalmers to lower deficits amid cabinet frustration over Bullock’s warning
Treasurer Jim Chalmers will promise a modest reduction in deficits in next week’s budget in an attempt to counter accusations that Labor’s spending record has pushed up interest rates, amid frustration in the cabinet over Reserve Bank governor Michele Bullock’s warning on handouts.
· Shane Wright, Paul Sakkal
Polymarket promo code NYPMAX: Deposit $20, get $20 for Stanley Cup playoff games
Readers of The Post interested in trying out Polymarket, the fast-growing prediction market, can collect a $20 bonus when they create an account using the Polymarket promo code NYPMAX.
· Malik Smith
Jennifer Lopez puts Beverly Hills mansion she bought with ex Ben Affleck back on the market for the third time — at a stunning loss
A-lister Jennifer Lopez has put the sprawling Beverly Hills mansion she once shared with ex-husband Ben Affleck back on the market with a significant price cut — just weeks after the actor gifted her his share of the beleaguered abode.
· Realtor.com
Shoot Palestinians, not settlers: Israeli general exposes double standard
Major-General Avi Bluth, the Israeli commander with responsibility for the occupied West Bank, had not known his comments would be leaked when he boasted of the success of Israel’s policies in the occupied territory.
· Simon Speakman Cordall
Ex-JPMorgan banker Chirayu Rana made eye-popping, 8-figure settlement demand before filing ‘fabricated’ ‘sex slave’ suit: sources
Disgraced ex-JPMorgan banker Chirayu Rana tried to wrangle a settlement from the bank worth “north of $20 million” before he filed his bombshell sexual harassment lawsuit last year, The Post has learned.
· James Franey
IHC’s first-quarter income doubles as business remains resilient despite Iran war | The National
International Holding Company (IHC) reported an almost two-fold jump in its first-quarter net income, its best result in more than seven years, and is doubling down on global investments despite the Iran war-driven uncertainty.
· Fareed Rahman
Inside the alarming rise of teens injecting black market peptides as an ‘easy fix’ to their insecurities
Sitting in the passenger seat of a car, a high school teen clutches an insulin needle beneath her pursed lips. She overlays the social media video with a sexually charged caption: “when he says he wants to pin me so i lowkey grab the r3ta and he looks at me weird.”
· Kyra Breslin
China corporate earnings down for 3rd straight year
Retailers in China, including supermarkets, have taken a hit amid weakening domestic consumer spending. (Photo by Kentaro Shiozaki)
· Staff Writer
US student groups fundraise to supplement PA funds to 'mothers of martyrs'
American student organizations are fundraising for the "mothers of martyrs" to supplement a Palestinian Authority payment program after the governing body supposedly withheld financial support.
· MICHAEL STARR
Higher provisions, costs weigh on Philippine Business Bank income
PHILIPPINE Business Bank (PBB) posted sharp decline in first-quarter earnings as gains in core operations were offset by higher provisions and other cost pressures amid a difficult operating environment.
· Niña Myka Pauline Arceo
A lifeline for Filipino farmers: Why a public-private agriculture insurance pool cannot wait
BY the time the next typhoon makes landfall, the question will not be whether Filipino farmers and fisherfolk will lose their crops, livestock and livelihoods — it will be how much, and who, if anyone, will help them recover. The Philippines has the unenviable distinction of being among the most disaster-prone count…
· Michael F. Rellosa
Apollo CEO Rowan warns of market correction, slams ‘egregious’ practices at rival insurers
Apollo Global Management CEO Marc Rowan on Wednesday warned investors that he was preparing his giant asset management firm for a potential market downturn and sharply criticized what he called the "egregious" practices of some rival insurers.
· Hugh Son
Hungary returns seized Ukrainian cash and gold in further sign of better relations
Ukrainian President Volodymyr Zelenskyy said Wednesday that Hungary has returned millions in cash and gold seized from a Ukrainian state bank convoy earlier this year.
· Milena Wälde
Egypt annual inflation slows to 14.9% as monthly price growth decelerates
Egypt's annual inflation rate slowed slightly to 14.9% in April from 15.2% in March, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS).
· AfricaNews
Global aviation shock harbinger of broader crisis – Putin envoy
The global aviation shock triggered by the US-Israeli attack on Iran and resulting fuel shortages is a harbinger of even “more severe shocks” that will rock other sectors of the global economy, Kremlin envoy Kirill Dmitriev has warned.
· RT
Australian lenders all have an ‘edge of cliff’ mortgage interest rate. Here’s how to push them to it and get a better deal
A couple of years ago, banks were jostling for mortgage market share, making it simple to secure savings. Times have changed, but it can be done
· Jonathan Barrett
In this budget, all eyes are on CGT. But Labor’s rumoured family trust tweaks might also help fight tax inequality | Greg Jericho
If Albanese’s newest budget can tame discretionary trust tax dodging, it will be a good step in ensuring the rich are treated the same as the rest of us
· Greg Jericho
Disney shares jump after results top expectations
NEW YORK, United States — Disney shares jumped in pre-market trading Wednesday as the entertainment giant reported better than expected revenues and profits, thanks in part to growth in its streaming business.
· Agence France-Presse
AMD's Su explains what's behind massive forecast change as stock roars 15% on earnings
Advanced Micro Devices CEO Lisa Su told CNBC on Wednesday that her massive forecast revision was due to the demand surge for central processing units led by the growth of agentic artificial intelligence.
· Lola Murti
UBS Says Transport Stock Rout Is "Overdone" After Amazon News
UBS senior analyst Tom Wadewitz, who covers freight transportation, told clients that Amazon's latest push to open its supply chain network to businesses beyond its own marketplace triggered an "overdone" sell-off in transport names, including UPS, FedEx, and C.H. Robinson.
· Tyler Durden
TikTok gets nod from Thailand for $26bn data center plan
TikTok Shop is one of the top three players in Thailand's surging e-commerce market. © Reuters
· Staff Writer
Man charged in US with stealing $450M from Mexican billionaire in loan scheme: ‘How could I fall for this?’
A man with multiple aliases used the name of the famed Astor family to dupe a Mexican billionaire out of around $450 million in a bogus stock-backed loan scheme, according to a newly unsealed US indictment and other court records.
· Associated Press
Pro-Palestine group protests outside Israeli real estate event in New York
About 100 pro-Palestinian protesters have gathered outside a New York synagogue for the second time in six months to demonstrate against an Israeli real estate event featuring properties for sale in the occupied West Bank.
· Daniel Khalili-Tari