Mainland China’s ultra-wealthy numbers rise as Hong Kong tipped for faster growth
Mainland China’s population of ultra-high-net-worth individuals (UHNWIs) – those with assets exceeding US$30 million – has grown by…
Asia growth forecasts slashed as Iran war and tariffs threaten supply chains
Asia-Pacific economies are likely to suffer a slowdown in growth this year, as rising costs linked to the…
IMF cuts global growth forecast during Hormuz blockade | International Monetary Fund News
The International Monetary Fund (IMF) has lowered its global economic growth forecast as tensions between the United States…
Global oil demand to plunge amid disruptions caused by war on Iran: IEA | Oil and Gas News
The IEA’s oil ‘demand destruction’ report comes after its chief said unnamed countries are hoarding stocks. Published On…
Israel in row with South Korean leader over Palestinian abuse concerns | Crimes Against Humanity News
South Korean president says it’s disappointing Israel does not ‘even once reflect on criticisms from around the world’.…
An unofficial ban keeps K-pop at bay in China
BEIJING (AP) — As mega K-pop group BTS returns to the stage after a hiatus of more than…
Thailand’s Growth Stalls as Energy Shock and Trade Uncertainty Grip the Region, World Bank Warns
   Three shocks bearing down on the region Thailand’s difficulties sit within a broader regional picture…
Australia will underwrite fuel deals during supply concerns, Albanese says
MELBOURNE, Australia (AP) — Australia has agreed to underwrite two companies buying fuel at inflated prices, with Prime…
World welcomes US-Iran ceasefire, urges lasting peace in the Middle East | US-Israel war on Iran News
The United States and Iran have agreed to a two-week ceasefire, with talks to finalise a peace deal…
Vietnam’s gig workers slammed by rising fuel costs amid fallout of Iran war | Business and Economy News
Ho Chi Minh City, Vietnam – After a long day of ferrying passengers to and fro recently, e-hailing…
Earthquake off Indonesia kills 1 and sets off small tsunami
MANADO, Indonesia (AP) — An undersea magnitude 7.4 earthquake toppled buildings in parts of northern Indonesia, sent people…
Asia’s chip industry faces naphtha squeeze – and South Korea feels it the most
South Korea has become a focal point of Asia’s petrochemical crisis, a frontline economy suddenly forced to navigate…