In today’s episode of Trending Middle East, UN-backed forecasts warn that almost a quarter of Lebanon's population could face acute hunger, as the conflict continues despite ceasefire efforts.
SoftBank Group is planning to create and list a standalone artificial intelligence and robotics company in the U.S. as early as this year, the Financial Times reported on Thursday.
LONDON — European stocks are expected to open in negative territory on Thursday as investors digest the latest reports on the Iran war and await more earnings and central bank decisions.
Bank of England Governor Andrew Bailey speaks at Managing Global Imbalances: Policy Priorities forum during the World Bank/IMF Spring Meetings at the IMF headquarters in Washington, Wednesday, April 15, 2026. (AP Photo/Jose Luis Magana)
The Middle East war has triggered the biggest global energy supply shock on record and will drive a sharp rise in commodity prices, pushing inflation higher and slowing economic growth worldwide, the World Bank has warned.
TORONTO — Canada has been selected as the headquarters for a new, financial institution led by NATO and designed to reduce borrowing costs for members of the alliance, a senior government official said on Wednesday.
Tugboats push a crude oil tanker into position at a pier handling oil imports in Qingdao in eastern China’s Shandong province, Saturday, April 11, 2026. (Chinatopix Via AP) CHINA OUT
Sarytogan Graphite has bagged a fresh A$1.4 million cash injection courtesy of the European Bank for Reconstruction and Development (EBRD) to help drive the company’s massive Kazakh graphite project towards production.
Multiple LIV Golf players have had their reps reach out to the PGA Tour about a possible return after news broke Wednesday that the rebel golf league would be losing its financial backing from Saudi Arabia’s Public Investment Fund.
South Korea's homegrown app marketplace One Store said Thursday it will evolve into an “all-in-one store,” bringing app downloads, payments and instant-play games onto a single platform as the company marks its 10th anniversary.
SEOUL, April 30 (Yonhap) -- Ryoo Sang-dai, senior deputy governor of the Bank of Korea (BOK), will attend the annual meeting of the Asian Development Bank (ADB) and gatherings of ASEAN finance ministers and central bank governors in Samarkand, Uzbekistan, next week, the central bank said Thursday.
Tuesday’s announcement by the UAE that it will withdraw from Opec tomorrow brings the curtain down on an association that has lasted more than five decades. Although the formal end of any relationship can heighten feelings and fuel uncertainty, the reality is that the Emirates are bidding farewell to an arrangement …
WASHINGTON, D.C. — US Federal Reserve Chair Jerome Powell made a fervent appeal Wednesday for central bank independence, as he prepares to cap an eight-year term at its helm marked by insults and legal action under the Trump administration.
SEOUL, April 30 (Yonhap) -- The value of South Korea's investment funds rose more than 8 percent in the first quarter of this year from three months earlier, driven by an increase in investment funds traded on stock exchanges, data showed Thursday.
A former head of Israel's Mossad intelligence agency has said that settler violence against Palestinians in the occupied West Bank reminds him of the Holocaust.
Industry leaders say slight increases in fuel surcharges for flights to Asian destinations ‘not the main driver’ behind Hongkongers heading to mainland
Industry leaders say slight increases in fuel surcharges for flights to Asian destinations ‘not the main driver’ behind Hongkongers heading to mainland
Airwallex co-founder Lucy Liu will on Thursday unveil a program offering young Australian artificial intelligence founders $100,000 in equity-free capital, as the global payments giant moves to deepen its local roots while navigating a financial crimes investigation and a stalled run at a public listing.
Uncertainty over the future path of US monetary policy under the next Federal Reserve chair, Kevin Warsh, has increased further amid rising oil prices and inflation, the Bank of Korea said Thursday.
Finance Minister Koo Yun-cheol said Thursday that financial institutions have sufficient capacity to withstand crisis scenarios despite volatility in financial and foreign exchange markets.
SEOUL, April 30 (Yonhap) -- Finance Minister Koo Yun-cheol said Thursday that financial institutions have sufficient capacity to withstand crisis scenarios despite volatility in financial and foreign exchange markets.
My grandfather as a boy in the late 1800s lived on a farm that sat on the bank of a river, the family homestead occupying a rise above a spread of the stream so wide it deserved to be called a lake.
SEOUL, April 30 (Yonhap) -- Uncertainty over the future path of U.S. monetary policy under the next Federal Reserve chair, Kevin Warsh, has increased further amid rising oil prices and inflation, the Bank of Korea said Thursday.
Australia’s largest supermarket chain says higher prices are already flowing into fresh produce, milk, bread and other staples as the fuel crisis drives up inflation across the economy and, in response, Woolworths says it will freeze prices on 300 items for three months from Friday.
WASHINGTON (Reuters) -- US Federal Reserve Chair Jerome Powell closed out eight years as head of the US central bank on Wednesday with interest rates on hold, rising concern about inflation, and an announcement that he would stay on as a Fed governor for now to defend the agency's independence from Trump administra…
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Democrats running for governor in California have said in recent debates that Gavin Newsom deserves high grades for his performance –– mostly B’s, and even A’s.
The US Federal Reserve on Wednesday held its benchmark interest rate steady for the third consecutive time, citing "elevated" inflation and a "high level" of economic uncertainty stemming from the ongoing Middle East conflict.
WASHINGTON – Federal Reserve Chair Jerome Powell said on Wednesday he will stay on as a central bank governor for an undetermined period of time when his leadership term ends next month, amid hopes that ongoing political attacks on the institution will start to settle down.
Canada’s Prime Minister Mark Carney, left, and Minister of Finance and National Revenue, Francois-Philippe Champagne, make their way to the House of Commons before the tabling of the spring economic update, on Parliament Hill, in Ottawa, Ontario, Tuesday, April 28, 2026. (Justin Tang/The Canadian Press via AP)
Saudi Arabia’s Public Investment Fund plans to stop financial support for LIV Golf after this season, according to a person familiar with the situation.
Barclays is out with a report on nuclear and how the industry is progressing from conviction to construction. The report highlights year-to-date regulatory developments, demand and execution signals and market pricing across the industry.
Jerome Powell said he plans to remain on the board of the Federal Reserve after his term as chair ends next month “for an undetermined period of time,” saying the “unprecedented” legal attacks by the Trump administration have put the independence of the nation’s central bank at risk.
Buckle up, Bel Air. The City of Angels is once again about to rewrite the record books with a jaw-dropping mega mansion that’s hitting the market, with an asking price that resembles that of a big-budget Hollywood blockbuster: $400 million.
The last of the giga-caps to report today, the increasingly more misnamed Meta Platforms, had some good news to report for the just completed Q1. It also had bad news, and judging by the plunge in the stock price, the market is focusing on the latter.