Hong Kong insurers’ health in jeopardy as medical claims could double in decade
Research found total reimbursements reached HK$17.73 billion in 2023, up 61 per cent from HK$10.99 billion in 2019
· Leopold Chen
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Newest first · UTC+11:00Hong Kong insurers’ health in jeopardy as medical claims could double in decade
Research found total reimbursements reached HK$17.73 billion in 2023, up 61 per cent from HK$10.99 billion in 2019
· Leopold Chen
Palestine weekly wrap: Under cover of ceasefire, Israel increases grip
Israel has officially agreed to ceasefires in Gaza, Lebanon, and Iran. But that has not meant any de-escalation, as Israeli forces and settlers press further into Palestinian-administered areas of the occupied West Bank, deeper into civilian space in Gaza, and more aggressively into the heart of occupied East Jerusa…
· Al Jazeera Staff
Iraq names little-known banker Ali al-Zaidi as PM after five-month deadlock
Iraq’s chaotic and byzantine system of governance has finally moved to appoint a new prime minister. The decision comes 167 days, around five and a half months, after Iraq held elections in November 2025. The new prime minister-designate is Ali al-Zaidi, described as a businessman with a background in banking. The b…
· SETH J. FRANTZMAN
Trump not happy with latest Iran proposal to end the war, US official says
Dubai/Washington: US President Donald Trump is unhappy with the latest Iranian proposal on resolving the two-month war, a US official said, dampening hopes for a resolution to the conflict that has disrupted energy supplies, fuelled inflation and killed thousands.
· Parisa Hafezi, Steve Holland
Novartis CEO warns reality of Trump's drug pricing policy will set in over 'the next 18 months'
Novartis' CEO warned Tuesday that the U.S. drug pricing policy under President Donald Trump poses a "very difficult situation" and the reality will soon catch up with both drugmakers and patients.
· Elsa Ohlen
Hong Kong launches consultation on Keeta’s proposal over competition concerns
Competition Commission consults on delivery platform’s commitment to curb exclusivity and support fairness in the market
· Lo Hoi-ying
Hong Kong launches consultation on Keeta’s proposal over competition concerns
Competition Commission consults on delivery platform’s commitment to curb exclusivity and support fairness in the market
· Lo Hoi-ying
Un-sanctioned: China to welcome Dutch trade minister amid Nexperia, ASML discord
Source says Beijing has quietly dropped an old sanctioning of Sjoerd Sjoerdsma, who recently spoke of wanting to lead a Dutch trade mission to China
· Xiaofei Xu
Un-sanctioned: China to welcome Dutch trade minister amid Nexperia, ASML discord
Source says Beijing has quietly dropped an old sanctioning of Sjoerd Sjoerdsma, who recently spoke of wanting to lead a Dutch trade mission to China
· Xiaofei Xu
Europe's budget airlines first to cut flights as jet fuel prices soar
Ryanair, Transavia, Volotea and other low-cost airlines are feeling the financial pain from high jet fuel prices as a result of the Middle East war and are cutting flights.
· The Local
N. Korea ‘most pressing challenge to the nonproliferation regime’
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
Woori falls behind NongHyup as brokerage gap widens
Woori Financial Group was overtaken by NongHyup Financial Group in first-quarter earnings, a rare shift that highlights the growing importance of nonbanking income, as a stock market rally boosts brokerage profits.
· Choi Ji-won
From price to strategy: Korea unveils procurement reform
Overhaul aims for more market-driven, transparent and innovation-led procurement
· Lee Kwon-hyung
Korea targets $2tr global procurement market with new support
PPS expands 'export vouchers' and overseas pilot programs to help firms break into global markets
· Lee Kwon-hyung
Korea overtakes UK to rank No. 8 in stock market cap
South Korea’s stock market has climbed to eighth place globally by market capitalization, overtaking the UK, on the back of a strong rally fueled by semiconductor gains and policy support.
· Lee Ji-yoon
[Photo News] Seoul’s financial hub push
Deputy Prime Minister Koo Yun-cheol (left) and American Chamber of Commerce in Korea Chairman James Kim shake hands after their meeting in Seoul on Tuesday. Kim stressed the need to strengthen competitiveness amid rising pressure from Singapore and Hong Kong, calling Korea’s potential MSCI upgrade a “critical opport…
· Lee Ji-yoon
CNBC Daily Open: Hawkish hold from BOJ sets central bank stage
Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today
· Katie Foley
Finance chief highlights capital market reforms to boost growth
SEOUL, April 28 (Yonhap) -- Finance Minister Koo Yun-cheol said Tuesday the government aims to further develop the capital market for economic growth, emphasizing ongoing reform efforts to advance the country's financial and foreign exchange markets.
· Kim Han-joo
Philippines’ Sara Duterte hits back against wealth allegations as impeachment looms
The vice-president’s husband has also filed a complaint against senior officials and lawmakers for ‘leaking’ the couple’s bank information
· Raissa Robles
Philippines’ Sara Duterte hits back against wealth allegations as impeachment looms
The vice-president’s husband has also filed a complaint against senior officials and lawmakers for ‘leaking’ the couple’s bank information
· Raissa Robles
Art Busan keeps door open to overseas M&A as it marks 15th year
Art Busan returns this May for its 15th anniversary, reinforcing its ties with the global art scene amid a cautious art market.
· Park Yuna
At least 358 executed under Kim Jong-un over 13 years: report
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
Raiz funds under management reach $2.17B as customers keep piling in
Micro-investing innovator Raiz Invest has shaken off market jitters to deliver a confident third quarter, stacking solid gains across its key metrics, while sharpening its product push and AI playbook.
· Penny Taylor
China’s Politburo steps up response as Iran war shocks reverberate around world
Chinese economy is grappling with weak domestic demand, a prolonged property downturn and rising external risks
· Sylvia Ma
China’s Politburo steps up response as Iran war shocks reverberate around world
Chinese economy is grappling with weak domestic demand, a prolonged property downturn and rising external risks
· Sylvia Ma
Korea’s OLED market share rises for first time in years
South Korea’s share of the global OLED market rose for the first time in nearly a decade in 2025, as domestic display makers strengthened their lead in high-end technologies despite intensifying competition from China.
· Lee Han-gyoul
Trump not happy with latest Iran proposal to end war, US official says
US President Donald Trump is unhappy with the latest Iranian proposal on resolving the two-month war, a US official said, dampening hopes for a resolution to the conflict that has disrupted energy supplies, fueled inflation, and killed thousands.
· Yonhap
Israel's strikes and Trump's blockade have battered Iran's economy
Two regional officials say that Iran has offered to end its chokehold on the Strait of Hormuz in exchange for the U.S. lifting its blockade on the country and an end to the war. A standoff remains on the strait, the narrow mouth of the Persian Gulf through which a fifth of all traded oil and natural gas passes, as I…
· Amir Hussein Radjy
Japan's central bank keeps its key rate at 0.75%
People past an electronic stock board showing Japan’s Nikkei index at a securities firm Tuesday, April 28, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
· Yuri Kageyama
Asian stocks fall and oil prices rise as Iran war worries persist
A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm, Tuesday, April 28, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
· Yuri Kageyama
BOJ stands pat in split vote, boosts inflation forecast to 2.8%
The Bank of Japan's decision comes amid growing pressure on the economy from rising consumer prices. (File photo by Miki Kamiyama)
· JADA NAGUMO
Yen jumps to 158 vs dollar as BOJ lifts June hike expectations
Japanese Finance Minister Satsuki Katayama says Tokyo stands ready to take "strong measures" against speculative market moves. (Photo by Ken Suzuki)
· Staff Writer
Mexico’s Jalisco drug cartel commander ‘El Jardinero’ found hiding in ditch
Mexican special forces have arrested Audias Flores, known as “El Jardinero”, one of the top commanders of the powerful Jalisco New Generation Cartel (CJNG), as well as his chief financial operator, Mexico’s Security of Security Omar Garcia Harfuch said.
· Al Jazeera Staff
Capital gains discounts were meant to usher in an Australia of ‘shareholders’ – not property speculators | Saul Eslake
Defenders of the Howard-era discount say ‘if you tax something more, you’ll get less of it’. But less investors in the housing market is a good thing
· Saul Eslake
BOJ postpones rate hike, revises inflation forecast up
The Bank of Japan's decision comes amid growing pressure on the economy from rising consumer prices. (File photo by Miki Kamiyama)
· JADA NAGUMO
Bank of Japan keeps policy rate steady while raising inflation forecast on Iran war worries
Japan's central bank kept its policy rate steady at 0.75% on Tuesday, while revising its inflation estimates upwards as the Iran war raises supply-side risks.
· Lim Hui Jie
Banks' lending rates fall in March for 1st time in 4 months
SEOUL, April 28 (Yonhap) -- Banks' overall lending rates fell for the first time in four months in March as a decline in corporate loan rates outweighed a rise in household lending rates amid tighter regulations aimed at stabilizing the housing market, data showed Tuesday.
· Kim Boram
UAE and Gulf jobs market sees selective hiring amid war-driven tourism slump | The National
Hiring activity in the Gulf has held up in sectors such as technology and health care, but the Iran war has significantly affected jobs in tourism and hospitality, recruitment specialists have said.
· Aarti Nagraj
OpenAI Misses Revenue, User Targets As CFO Fears $1.5 Trillion In Commitments Can't Be Paid
Earlier today, when previewing this week's earnings by the Mag 7 which account for over $10 trillion in market cap set to report Q1 results after the close on Wednesday, Goldman's Delta-One head Rich Privorotsky said that "Equities are being driven by one thing…AI spend", and warned that "it's hard not to respect th…
· Tyler Durden
Britain says Iran must not ‘hold world economy hostage’
British foreign secretary Yvette Cooper said the United Kingdom is increasing pressure on Iran to prevent it from “holding the world’s economy hostage” through its control of the Strait of Hormuz.
· Middleeasteye
As Hong Kong recalibrates, the blue economy offers an anchor
With the Greater Bay Area as the regional ecosystem, maritime tourism, blue bonds and marine innovation are three areas of opportunity
· Ken Chu
As Hong Kong recalibrates, the blue economy offers an anchor
With the Greater Bay Area as the regional ecosystem, maritime tourism, blue bonds and marine innovation are three areas of opportunity
· Ken Chu
CNBC Daily Open: Investors look past warning signs to send stock markets soaring
Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today
· Lim Hui Jie
Mongolia courts Kazakhstan, seeks path between China and Russia
Mongolian President Ukhnaagiin Khurelsukh, right, met with President Kassym-Jomart Tokayev in Astana last week, in the first state visit from a leader of the country to Kazakhstan in 20 years. (Akorda, Kazakhstan's presidential office)
· Staff Writer
LIV Golf’s New Orleans tournament in limbo as financial concerns swirl
LIV Golf is singing the blues.
· Christian Arnold
China faces a France-sized demographic loss that threatens coastal growth: analysts
Rising pension burdens and social security subsidies are also straining public finances – though trends remain uneven, analysts say
· Ralph Jennings
China faces a France-sized demographic loss that threatens coastal growth: analysts
Rising pension burdens and social security subsidies are also straining public finances – though trends remain uneven, analysts say
· Ralph Jennings
King Charles, Donald Trump and the test of a strained 'special relationship'
King Charles is meeting with Donald Trump during a four-day state visit to mark the 250th anniversary of US independence. Source: Getty, SBS / Chris Jackson / Adobe Stock / Alrika / Zerbor / saputra julian / Pattadis
· Sbsaustralia
Investing for wartime: The online communities looking to make money from conflict
Some people seek advice on online financial forums about the best stocks to invest in when global conflicts break out.
· Sbsaustralia