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
The prime minister has warned that the conflict in the Middle East will have serious ramifications for the country. Source: Getty, AAP / Galeanu Mihai / Bloomberg / Gallo Images / Bianca De Marchi / Pool
California’s controversial billionaire tax could eventually hit more than just the people at the top of the financial food chain — eventually hurting the everyday Californian — according to a powerful Sacramento business group.
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Iran is rapidly running out of space to store its oil as President Trump continues his naval blockade in the Strait of Hormuz — which could lead to “irreversible” damage to the regime’s biggest industry and lifeblood of its economy.
SEOUL, April 28 (Yonhap) -- Despite the ongoing Middle East crisis, business sentiment in South Korea rebounded in April as corporate inventories declined, a central bank survey showed Tuesday.
This year’s World Immunization Week (April 24-30) carries a simple but powerful message: “For every generation, vaccines work.” It is a timely reminder for Korea, a country whose public health success was shaped by vaccination. Although Korea is now seen as an advanced economy with strong health institutions, this c…
London’s battered luxury housing market is emerging as a cautionary tale for New York, as far-left Mayor Zohran Mamdani pushes a pied-à-terre tax that critics warn could trigger a similar exodus of wealthy homeowners.
Government assures the public that none of the funds of the approved 2026 supplementary budget of Rs. 500 billion and the other donors’ fund of Rs. 9,583 million allocated towards rebuilding Sri Lanka after Cyclone Ditwah will be misused or transferred to any other accounts except for post-disaster restoration work,…
GRI steps into a new financial year, with the appointment of its Chief Executive Officer, Dr. Tharindu Atapattu and Chief Financial Officer, Chathuranga Abeyratne, to the Board of Directors of GRI Sri Lanka.
Pan Asia Bank announces a strategic bancassurance partnership with Softlogic Life Insurance PLC, Sri Lanka’s leading health insurance provider, to offer an exclusive International Health Insurance solution tailored for its Privilege Banking segment.
According to the latest financial reports released by the Central Bank of Sri Lanka (CBSL), there has been a significant increase in the amount of money circulating in the country’s economy. The data reports confirm that the total amount of money in circulation has crossed the 1.5 trillion rupee mark in 2025 compare…
Browns Beach Hotels PLC (BBH) ended trading on the Colombo Stock Exchange yesterday ( 27) with suspension effective from today . The voluntary delisting follows sustained losses since 2019, a negative net asset position, and failure to meet CSE listing rules, including minimum public holding. Minority shareholders a…
The US stock market’s record-breaking rally is stalling after uncertainty rose over the weekend about what will happen next in the Iran war, while oil prices rose.
Australian property prices could fall backwards by 2030, with housing supply and jobs figures key determinants for the health of the country’s housing market.
After a week of taxi ripoffs in Istanbul, I dare not tell my driver my destination is Turkish Airlines’ business class priority entrance. Fortunately, it’s a quick stroll from the economy zone to the fast lane to zip through. In the lounge, I grab one of the only spare seats – awkwardly joining a family group. Some …
The US-Israeli war on Iran has set off a scramble by governments and companies around the world to shore up fuel supplies, after Iran closed the Strait of Hormuz triggering oil supply disruptions.
A controversial billionaire tax measure in California — which has secured enough signatures to appear on the November ballot — would devastate the state’s economy, a new study published Monday shows.
The Hormuz chokepoint, with the U.S.-Iran conflict about to enter its third month, remains closed, and global energy flows are being rewired. One industrial gas we've identified as facing supply disruption risks is helium, which threatens to upend end markets ranging from semiconductor production to medical imaging.
ICL Academy reflects a broader global shift in how young talent is developed, contributing to evolving approaches in digital and hybrid K–12 education. Positioned at the intersection of academia, athletics, and the rapidly expanding creator economy, ICL has evolved far beyond a traditional accredited school into a d…
Billionaire investor Ray Dalio warned that the U.S. economy has slipped into a stagflationary environment and said it would be a mistake for potential Federal Reserve chair successor Kevin Warsh to lower interest rates.
Prime Minister Mark Carney of Canada said Monday that his country would establish a pool of money similar to those used by major oil exporters like Norway to make investments as he seeks to make the Canadian economy less dependent on the United States.
All Claire's standalone stores in the UK and Ireland have stopped trading after the accessories chain's financial woes saw it fall into administration twice in a year.
There are five G10 central bank meetings scheduled this week and not a single policy move is expected between them. That said, the signalling of policymakers will be crucial. For each of the BoJ, Fed, BoC, ECB and the BoE, the market will be watching to see how rate setters are gauging the two sided the risks to gro…
Tomorrow marks exactly two months since the strikes on Iran began. As DB's Jim Reid writes, while there is currently a rolling, open ended ceasefire that started on 8 April, the risk of it collapsing at any point remains real. Just as the weekend news looked like it was leaning negatively though, last night reports …
Recent incidents in the Strait of Hormuz, from tanker disruptions to drone activity, have once again revived fears of a complete shutdown of the world’s most critical energy corridor. Yet this familiar framing is increasingly outdated. The real issue is no longer whether the strait will fully, and officially, be clo…
Although former reality star Spencer Pratt may have bested his rivals with his $539K fundraising haul in the Los Angeles mayor’s race, city council member Nithya Raman emerged as the preferred candidate of Hollywood’s creative class based on the Friday’s financial disclosure of the top mayoral candidates.
Risk sentiment improved overnight on another Axios report that Iran has given the US a new proposal to reopen the Strait of Hormuz with more detailed nuclear talks expected later. Oil pares early gains, and US equity futures jumped although they have also pared gains since and are trading flat as traders await a hug…
A rival provincial powerhouse, with a GDP as big as some G7 nations, is becoming a hub for strategic emerging sectors while outpacing the national economic growth rate
A rival provincial powerhouse, with a GDP as big as some G7 nations, is becoming a hub for strategic emerging sectors while outpacing the national economic growth rate
Qualcomm shares rose in premarket trading Monday following reports that it's partnering with OpenAI to create smartphone processing chips to advance the AI firm's hardware ambitions.
Nearly half an hour into a conference call on Friday to discuss first-quarter results with analysts, Customers Bank CEO Sam Sidhu revealed something unusual — up until that point, he hadn't actually been speaking.
A new secondary market platform dedicated to contemporary art from the UAE and the wider region is set to launch next month, with its inaugural auction to be held in Dubai.
Fuel-processing sector pivots to profit while tech gains shield margins from modest revenue growth, highlighting an efficiency-led rally over a demand recovery