Parents pile into Samsung Electronics for kids’ stock gifts
SK hynix lags gifting trend despite recent rally, as high price limits access
· Choi Yeon-jae
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Newest first · UTC+11:00BYD's passenger EV sales drop for an eighth month as competition heats up
BYD's passenger vehicle sales fell for an eighth consecutive month in April, while its domestic rivals Leapmotor and Zeekr notched record-high monthly deliveries as the market becomes more competitive.
· Matthew Chin
Trump's "Project Vault" Plans To Initially Buy Rare Earths From China
As we reported in February, the US Export-Import Bank’s proposed rare earth stockpiling initiative would initially source critical minerals from anywhere in the world - including China, an official involved in the project revealed to Bloomberg. The $12 billion Project Vault would later shift to a replenishment model…
· Tyler Durden
Surprise tax handout on cards for all workers despite inflation risks
Workers could receive a few hundred dollars in their pocket in a surprise tax handout in next week’s federal budget, despite warnings that stimulus could drive up inflation and risk further interest rate rises.
· Paul Sakkal
IMF chief warns of 'much worse outcome' if war drags into 2027
WASHINGTON (Reuters) -- The head of the International Monetary Fund on Monday warned that inflation was already picking up and the global economy could face a "much worse outcome" if the war in the Middle East drags into 2027 and oil prices hit around $125 per barrel.
· Reuters
Trump Tries to Downplay Economic Effects of the Iran War
Facing pressure to address the economic fallout of his war in Iran, President Trump on Monday sought to portray his policy wins for small businesses as evidence that he was succeeding in building up the economy.
· Erica L Green
Angelina Jolie lists her iconic Los Angeles estate for $30M — as rumors swirl she’s set to quit US for good
Hollywood starlet Angelina Jolie has put her legendary Los Angeles estate on the market for $29.9 million — nearly two years after confessing that she wanted to leave the US for good and move abroad.
· Realtor.com
China’s fight to keep Darwin Port could help fragile Sino-Australian relations: analysts
Landbridge Group’s legal claim over the port could take several years to resolve, analysts said, providing more time for dialogue
· Kandy Wong
China’s fight to keep Darwin Port could help fragile Sino-Australian relations: analysts
Landbridge Group’s legal claim over the port could take several years to resolve, analysts said, providing more time for dialogue
· Kandy Wong
REA chair Hamish McLennan to sell Sydney home for $36 million-plus
Businessman and media heavyweight Hamish McLennan and his wife, Lucinda, have put their Darling Point mansion on the market with a price guide of $36 million-plus, local sources have revealed.
· Kristy Johnson
IMF chief Georgieva warns of 'much worse outcome' if Middle East war drags into 2027
The head of the International Monetary Fund on Monday warned that inflation was already picking up and the global economy could face a "much worse outcome" if the war in the Middle East drags on into 2027 and oil prices hit around $125 per barrel.
· REUTERS
CNBC's The China Connection newsletter: China is rewiring the Silicon Valley model — starting in Hong Kong
Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of what I'm seeing and hearing from local businesses.
· Evelyn Cheng
Another Melbourne nightclub targeted in 'terrifying' black market alcohol wars
Ladida is the latest licensed venue to be targeted by arsonists in Melbourne. (ABC News: Kate Meade)
How the Middle East crisis is expanding China’s agrochemical influence
China accounts for about a third of global fertiliser production, and 70 per cent of the raw materials for chemical pesticides
· Mia Nurmamat
How the Middle East crisis is expanding China’s agrochemical influence
China accounts for about a third of global fertiliser production, and 70 per cent of the raw materials for chemical pesticides
· Mia Nurmamat
How major US stock indexes fared Monday 5/4/2026
U.S. stocks fell from their record heights, while oil prices jumped following escalations in the Middle East that may undermine the ceasefire in the war with Iran.
· The Associated Press
New laws to protect investments, foster PPPs
The Sri Lankan economy has become predictable and stable, enhancing investment opportunities with the Government undertaking institutional reforms through digitization, creating a single window for trade and investments Deputy Minister of Industries and Entrepreneurship Development Chathuranga Abeysinghe told the Gl…
· damith
Widening VAT base will adversely affect SMEs – Sajith
Opposition Leader Sajith Premadasa stated that widening of the Value Added Tax (VAT) net by the Government from July 01, 2026 will drag in the Small and Medium-sized Business Enterprises (SMEs), with the financial services taxed higher, which will directly affect SMEs adversely as it will simultaneously increase tax…
· damith
What Japan teaches Sri Lanka about energy power - DailyNews
The political instability, unpredictable oil trade, and changing alliances have changed the ways energy is consumed and traded. It is no longer a simple commodity. It is a strategic resource that alters the way politics and economics are conducted. Countries that have prioritised energy trade and focused on energy s…
· damith
Fiscal discipline, labour reforms and the path to sustainable growth - DailyNews
After undergoing one of its worst financial crises, marked by soaring inflation, dwindling foreign reserves, and widespread social strain, the country is now attempting a carefully measured recovery.
· damith
DFCC Bank join hands with NCCSL to strengthen SME growth and market access - DailyNews
DFCC Bank PLC has entered into a partnership with the National Chamber of Commerce of Sri Lanka (NCCSL), as part of its broader focus on supporting business growth and expanding market access for small and medium-sized enterprises.
· damith
Seylan Bank marks first anniversary of ‘Make-A-Wish Sri Lanka’ - DailyNews
Seylan Bank PLC, in collaboration with the Indira Cancer Trust (ICT) and Make-A-Wish Sri Lanka, marked the first anniversary of their shared initiative on April 29, celebrating a year of bringing hope and meaningful experiences to children battling critical illnesses.
· damith
Pan Asia Bank partners Sri Lanka Business and Biodiversity Platform to launch ‘Life to Our Beaches’ initiative - DailyNews
Pan Asia Bank partners with the Sri Lanka Business and Biodiversity Platform to launch the ‘Life to Our Beaches – Beach Caretaker Initiative’, reaffirming its commitment to environmental conservation and sustainable community development.
· damith
ComBank unveils islandwide drive to boost LankaPay JCB debit cards adoption - DailyNews
Reaffirming its commitment to always provide its customers with the best offers and value, the Commercial Bank of Ceylon has announced a nationwide campaign to accelerate the adoption of LankaPay JCB debit cards, offering customers across Sri Lanka another compelling opportunity to step into a more secure, convenien…
· damith
Google starts work on largest AI hub outside US - DailyNews
Google has begun construction of its largest artificial intelligence (AI) hub outside the United States, marking a major expansion of global AI infrastructure and a significant investment in India’s digital economy.
· damith
DFCC Bank Plate champions of Mercantile Netball - DailyNews
DFCC Bank PLC’s women’s team emerged as Plate Champions at the recently concluded Mercantile Netball League Tournament, reflecting the Bank’s continued emphasis on building strong, connected teams beyond the workplace.
· damith
Share Market Statistics on 04.05.2026
Sri Lanka’s most Trusted and Innovative media services provider
· damith
Wall Street drops from its records and oil prices jump after fighting flares in the Middle East
NEW YORK — The U.S. stock market fell from its record heights Monday, while oil prices jumped following escalations in the Middle East that may undermine the ceasefire in the war with Iran.
· Associated Press
ASX set to fall, oil jumps on war uncertainty; RBA decision ahead; GameStop makes $78b bid for eBay
The US stock market is falling from its record heights while oil prices jump following escalations in the Middle East that may be undermining the ceasefire in the war with Iran.
· Stan Choe
Reserve Bank on verge of 'historic mistake' experts say
Property News: Suburbs where house values rose most in the past 12 months.
· Sarah Swain
Polymarket promo code NYPMAX: Deposit $20, get $20 for the Stanley Cup playoffs
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
Ex-JPMorgan banker Chirayu Rana pretended his dad was dead to get bereavement leave — but he’s alive and spoke to The Post this weekend
The ex-JPMorgan Chase banker who accused a glamorous female colleague of forcing him to become her “sex slave” lied to the bank about his father dying so he could collect nearly three months of paid leave — and apparently used the time off to prepare the bombshell lawsuit against Lorna Hajdini and his employer, The …
· James Franey
Victoria state budget 2026: state back in black forecasting two back-to-back surpluses
Labor’s 2026-27 budget shows state has recorded $700m surplus this financial year, first of its kind since before the Covid-19 pandemic
· Benita Kolovos
Reserve Bank faces a choice between two evils: recession or inflation
Many expect the RBA to raise the cash rate today, but it's likely to be a split decision. (AAP: Joel Carrett)
· Ian Verrender
Deutsche Bank's Woke ESG Whistleblower Denied Millions By SEC For Tattling To Press
In 2021, Deutsche Bank sustainability chief Desiree Fixler thought she was going to make millions after she blew the whistle with claims that the bank did not adhere to its goal of integrating ESG (environmental, social and governance) into all investment decisions. Fixler - who worked within the bank's DWS Group as…
· Tyler Durden
Kalshi promo code NYPMAX: Trade $10, get $10 for Mets vs. Rockies
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
Japan's JSR to build photoresist plant in Taiwan to supply TSMC
JSR is the No. 2 global supplier of photoresist, with a 19% market share by sales last year. (Photo by Yumi Kotani)
· Staff Writer
Dow tumbles 400 points, oil spikes 5% as Iran tensions stoke fear on Wall Street
The US stock market pulled back from its record heights Monday, while oil prices jump with uncertainty about when oil tankers can resume crossing the Strait of Hormuz and restore the world’s flow of crude. Escalations in the Middle East are heightening tensions in the war with Iran and may be undermining a ceasefire.
· Associated Press
Bank of Dave star spots Warburtons fire from helicopter
A large fire has broken out at a bread factory in Lancashire.
· Marc Waddington
Uzbek PM Abdulla Aripov to join ‘milestone’ 200-member delegation in Hong Kong
Prime minister to meet city leader John Lee on Wednesday and join Uzbek officials and business leaders already exploring opportunities
· Ambrose Li
Uzbek PM Abdulla Aripov to join ‘milestone’ 200-member delegation in Hong Kong
Prime minister to meet city leader John Lee on Wednesday and join Uzbek officials and business leaders already exploring opportunities
· Ambrose Li
Emotional, financial cost of long-distance love drives couples to move in together
Long-distance couples spend a combined average of nearly $7,000 ($6,888) on travel to see each other over the course of their relationship, according to new data.
· SWNS
Remember EDSA Dos
ABOUT two weeks ago, the House Committee on Justice conducted a hearing on the impeachment complaint against Vice President Sara Duterte, zeroing in on her statement of assets, liabilities and net worth (SALN) and her alleged bank transactions validated by the Anti-Money Laundering Council.
· Charlie V. Manalo
Trump family’s crypto project sues billionaire backer Justin Sun
The Trumps’ World Liberty Financial accused Sun of launching a ‘public smear campaign’
· Reuters
Trump family’s crypto project sues billionaire backer Justin Sun
The Trumps’ World Liberty Financial accused Sun of launching a ‘public smear campaign’
· Reuters
Circle jumps 16% on Clarity Act compromise that preserves stablecoin rewards
Shares of Circle surged after lawmakers over the weekend struck a compromise on the market structure bill known as the CLARITY Act, preserving stablecoin reward programs under certain conditions.
· Tanaya Macheel
Shenzhen’s retail sales flatline as export boom fails to benefit residents
Shenzhen’s retail sales barely rose in the first quarter despite strong GDP growth, a sign of the Chinese tech hub’s unbalanced development
· Frank Chen
Shenzhen’s retail sales flatline as export boom fails to benefit residents
Shenzhen’s retail sales barely rose in the first quarter despite strong GDP growth, a sign of the Chinese tech hub’s unbalanced development
· Frank Chen
Israel killing Palestinians ‘like we haven't since 1967’, top commander says
Israel’s top commander in the occupied West Bank has said the army is killing Palestinians at levels “not seen since 1967”, according to Haaretz.
· Middleeasteye