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SoftBank overtakes Toyota to become Japan’s largest company
Demand for AI stocks powers tech giant’s shares, helping it become biggest group by market capitalisation
Yen Defies Record Intervention as Wait for BOJ Hike Raises Risks
Yen traders face a heightened risk of intervention over the next two weeks after Japan’s currency defied historic attempts to prop it up.
Ryan Is Said to Agree to Buy Nordic Tax Adviser Svalner Atlas
Ryan LLC, backed by Neuberger and Onex Corp., has agreed to acquire European tax adviser Svalner Atlas Advisors, according to people familiar with the matter.
The social weight on the new budget
The government must stop shifting the cost of weak revenue mobilisation onto households and the corporate sector and instead offer targeted tax relief to offset the burden imposed in recent years, including a reduction in the petroleum levy. While support for the most vulnerable remains necessary given high poverty levels, sustained job-creating growth is vital. It is unreasonable to tax a monthly income of Rs50,000, which falls below the amount required for a family’s subsistence. To make the t...
Oil industry opposes windfall tax in upcoming budget
• OCAC demands urgent meeting with PM, seeks his intervention • Calls for release of Rs66bn in withheld PDCs; urges Ogra to settle all claims by June 8 • Labels Level-3 EV charger mandates impractical without wide adoption ISLAMABAD: The country’s oil industry has protested the slow disbursement of their price differential claims (PDCs) against cheaper petroleum product supplies to consumers in early days of US-Iran war and proposed tax on windfall inventory gains in the coming budge...
Imports of cotton surge despite lower local prices
LAHORE: Pakistan emerged as the largest buyer of US cotton for the second consecutive week despite a sharp decline in domestic cotton and phutti prices during the Eidul Azha holidays, prompting industry bodies to urge the federal and provincial governments to reduce taxes, energy tariffs and interest rates in the upcoming budgets to support the struggling cotton and textile sectors. Cotton prices recorded a significant fall during the holiday period. In Sindh, cotton prices dropped by Rs2,000 p...
Goldman Sees Two-Sided Risk to Oil as Lower Use Offsets Iran War
Goldman Sachs Group Inc. sees two-sided risks to oil prices as a slump in demand competes with supply losses from the Middle East because of the Iran war.
Kotak Securities, HSBC & more: Top stocks to watch on June 01
UBS has downgraded MCX to neutral but raised the target price to Rs 3,600 from Rs 3,200 earlier. Analysts said that bourse’s peak earnings momentum is likely behind as there’s been elevated volatility across key commodities in recent months.
Commercial LPG gets costlier: Cylinder sees average hike of Rs 47.75 across cities
Commercial LPG prices have risen by up to Rs 53.50 per cylinder nationwide, effective June 1st. This adjustment aims to bolster fuel reserves amid West Asia conflict concerns. The government is pushing for 30 days of LPG reserves and intensifying anti-hoarding measures, assuring sufficient fuel stocks despite import reliance.
MAGA news anchor sends desperate message to president over rising cost of living: 'Your supporters are hurting'
MAGA news anchor sends desperate message to president over rising cost of living: 'Your supporters are hurting'See more Daily Mail on Google - save us as a Preferred SourceBy JAMES GORDON, US NEWS REPORTER Published: 02:27, 1 June 2026 | Updated: 02:27, 1 June 2026 e-mail View comments
‘Before, the land sustained us’: Who benefits from Guinea’s bauxite wealth?
The country has vast reserves of the ore, a source material for aluminium. But citizens still languish in poverty.
Commercial LPG Prices Hiked By Rs 42 In Delhi, Rs 53.5 In Kolkata Amid Iran war
In Delhi, a 19-kg commercial cylinder cost Rs 1,691.50 in January. With repeated revisions, the price has now climbed to Rs 3,113.50.
India Rate Risks, Fiscal Worries Add to Pressure on Bond Yields
The recent surge in Indian bond yields may extend as investors weigh prospects of interest-rate hikes, while concerns grow over the government’s fiscal position.
Put a £5 deposit on vapes to stop littering, say waste companies
Put a £5 deposit on vapes to stop littering, say waste companiesJust nowShareSaveAdd as preferred on GoogleBen KingBusiness reporterGetty ImagesDisposable vapes were banned a year ago but some now want remaining 'loopholes' to be closedWaste companies have called for a deposit of up to £5 to be charged on vapes to encourage people to dispose of them properly. Disposable vapes were banned a year ago, partly because of the issues they cause for bin lorries and waste facilities when thrown away wit...
Jay Powell warns Federal Reserve is undergoing ‘stress test’
Former chair says Donald Trump’s attempts to fire central bankers undermine the rule of law
China Investors Turn Sellers of HK Stocks in Rare Reversal
Chinese mainland investors turned net sellers of Hong Kong stocks for the first time in nearly three years in May, underscoring waning confidence in the city’s market.
أفضل 10 سيارات أسرع في العالم لعام 2026: ملوك السرعة المُعلَنون!
هل تبحث عن أسرع السيارات التي ستدهشك بسرعتها في عام 2026؟ اكتشف الآن قائمة سيارات السرعة الخارقة، وأدائها المذهل، وميزاتها الفريدة التي تجعلها الأفضل في العالم!
Vietnam’s Gene Solutions Eyes Hong Kong IPO to Fund Expansion
Vietnamese diagnostic testing startup Gene Solutions is preparing for a Hong Kong initial public offering as early as the second quarter of next year, a rare local firm seeking to access deeper capital markets and boost international visibility.
Fintech firms grew four times faster than traditional banks in 2025
The explosive growth of the global fintech sector continued in the last year, drastically outpacing its incumbent rivals but faced a challenge in cementing its market share. Fintech firms’ average growth rate was four times faster than that of traditional financial services at an average of 22 per cent in BCG’s Global Fintech Report 2026. Global revenue secured by the sector came in at half a trillion dollars in 2025. Europe was a standout performer on the global stage with an average of...
High prices keeping Americans from buying new cars
For decades, buying a new car was a milestone. Now, for a lot of Americans, it's starting to look more like a luxury. Carter Evans reports.