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RBA's Hunter Sounds Alarm on Inflation Outlook
Reserve Bank of Australia Assistant Governor Sarah Hunter says the central bank is increasingly concerned that inflation expectations could become unanchored due to the recent oil-price shock linked to the Iran war. She discusses the monetary policy outlook on “Bloomberg: The Asia Trade.” (Source: Bloomberg)
At least 15m Britons not saving enough to retire, Pensions Commission says
Just 4% of self-employed workers are putting cash into pensions, with ‘large groups across the UK facing a severe cliff-edge’Millions of people across Britain are facing a “cliff edge” when they retire due to a chronic shortfall in saving that will require a radical shake-up of the pensions system to fix, a government-backed report has warned.The Pensions Commission said 15 million people were currently not saving adequately for their retirement, and warned this could rise to as many as 19 milli...
JOOD reinforces Dubai’s sustainable giving ecosystem with strong Q1 2026 results - Emirates 24|7
JOOD reinforces Dubai’s sustainable giving ecosystem with strong Q1 2026 results Emirates 24|7
Dubai Chamber of Commerce spotlights DP World’s Cargo War Risk Insurance programme at Export Majlis - Emirates 24|7
Dubai Chamber of Commerce spotlights DP World’s Cargo War Risk Insurance programme at Export Majlis Emirates 24|7
Standard Chartered to cut around 7,800 jobs amid increased AI use
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HK Hotel Firm Hit by Evergrande Loss Struggles to Refinance Loan
A Hong Kong hotel operator which suffered millions of dollars of losses on its investment in China Evergrande’s bonds is facing difficulty refinancing a HK$1.36 billion ($174 million) loan due next week, according to people familiar with the matter.
CFI launches local stock trading on DFM
CFI Financial Group, the region’s leading online trading provider, has launched more than 40 local stocks listed on the Dubai Financial Market (DFM). This milestone marks a significant step in CFI’s regional expansion, enabling clients to trade DFM-listed equities through a secure and regulated platform.The integration enhances market accessibility by connecting investors directly to leading UAE-listed companies across sectors such as real estate, banking, logistics, telecom, and utilities.By si...
Where to put your smart money: the savvy buyer’s guide 2026
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Parents' anger at school buses being axed
Parents' anger at school buses being axedJust nowShareSaveAdd as preferred on GoogleJohn AyresDevon, BrixhamBBCMore than 250 students currently use the Brixham College busesParents have acted with surprise and anger that dedicated school buses for Brixham College will cease at the end of the academic year.There are currently 266 students using the buses, about 88% capacity.Parents said they were not consulted about the plans, with some saying they would not have sent children to the college if t...
Yvette Cooper to warn world ‘sleepwalking into food crisis’ over Iran conflict upheaval
Foreign Secretary Yvette Cooper is set to warn the world is "sleepwalking into a global food crisis" following the upheaval driven by the Iran conflict.Ms Cooper will sound the alarm over the blockade in the Strait of Hormuz this morning, pointing out the crisis has disrupted the worldwide distribution of fertilisers.As a result, some 45 million people are at risk of falling into acute food insecurity if the war is not resolved by the middle of the year.Ms Cooper will advise the reopening of the...
Jobless rate rises and vacancies slump to lowest level in five years – ONS
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Job vacancies fall to lowest level in five years
Job vacancies fall to lowest level in five yearsJust nowShareSaveAdd as preferred on GoogleGetty ImagesThe number of UK job vacancies has fallen to their lowest level in five years, with hospitality and retail experiencing some of the biggest drops.The unemployment rate rose slightly to 5% in the three months to March, from 4.9% in the three months to February, according to the Office for National Statistics (ONS).Average regular earnings growth fell to 3.4% in the first three months of the year...
UAE strengthens lead as world’s most powerful passport in 2026
Montréal, Canada: New data released today by Arton Capital’s Passport Index shows that the United Arab Emirates has further strengthened its position as the holder of the world’s strongest passport, climbing to a total score of 182 — the highest ever recorded in the history of the index.The UAE has held the top spot since 2018. The latest figures underline the country’s growing diplomatic and economic influence, with Emirati citizens now enjoying unprecedented access to international markets, bu...
UK unemployment unexpectedly rises to 5% as firms squeezed by Iran war
Pay growth eases to 3.4% as businesses face pressure from soaring energy costsUnemployment in the UK has unexpectedly risen to 5% while wage growth has slowed, according to official figures, in the first snapshot of how companies are reacting to the impact of the Iran war.The Office for National Statistics (ONS) said the rate of unemployment was up in the three months to March, from 4.9% in February, a rate that City economists had expected to hold. Continue reading...
Fears of new China shock as EU industry’s reliance on imports grows
Rising volume of components imported from China prompts warning of cannibalisation of European industriesEurope is facing a fresh China shock that threatens to cannibalise local factories, leading to job losses and de facto colonisation of industry by Beijing, trade analysts and representatives have said.They fear the plunging exchange rate and support for Chinese “zombie firms” has echoes of the crisis in the US 25 years ago when the term “China shock” was coined. It referred to the impact of C...
Can AI Stocks Survive the Bond Yield Surge? | Insight with Haslinda Amin 05/19/2026
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Australian taxpayers to pay $11bn to extend lifespan of ageing Collins-class submarines amid Aukus delay
HMAS Farncomb had been due to be retired this year, but is now expected to operate until about 2036Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastTaxpayers will fork out an extra $11bn to extend the lifespan of Australia’s ageing Collins-class submarines for another decade, bridging the capability gap before the scheduled arrival of the first Aukus vessels in 2032.Originally designed to have a 30-year working life, the six Adelaid...
The charity shop which boosted takings by moving outdoors
The charity shop which boosted takings by moving outdoorsJust nowShareSaveAdd as preferred on GoogleLee BottomleyAudlemBBCSheila Julian (left) is vice chair of Audlem charity shop and Helen Beardshall (right) is chairTakings have "exploded" for a charity shop since volunteers began selling their items outdoors just one day a week.Audlem Charity Shop, in Cheshire, used to open Monday to Saturday and would take a few hundred pounds in a week.But after reducing trading to Saturdays, and displaying...
Fury as Australia's billionaires prepare to pocket Labor's $250 tax offset as households are pushed to the brink
Fury as Australia's billionaires prepare to pocket Labor's $250 tax offset as households are pushed to the brinkREAD MORE: How Australia's middle class is shrinking before our eyesBy SARAH BROOKES - SENIOR REPORTER, AUSTRALIA Published: 06:35, 19 May 2026 | Updated: 06:35, 19 May 2026 e-mail View comments
Asian Stocks Slide, Oil Swings on Iran Uncertainty | The Asia Trade 5/19/2026
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)