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How Mideast War Is Affecting SE Asia Investment Flows

CGS International Group CEO Carol Fong says investors are pausing risk‑taking amid the Middle East conflict, but capital continues to flow into Southeast Asia, with Singapore seeing the strongest inflows. Speaking to Bloomberg, Fong also discussed the firm’s new private equity vehicle targeting opportunities along the China‑ASEAN corridor. (Source: Bloomberg)

China hit harder than US by West Asia war, says ex-IMF chief economist

China hit harder than US by West Asia war says exIMF chief economist

Oil falls, stocks mixed as traders weigh outlook after Trump extends truce

With the two-week truce in its final hours, the US president said he would push the deadline back indefinitely following a request from mediator Pakistan and stressing the need to give Tehran's "fractured" leadership time to form a proposal. He had previously indicated he would not extend the truce and warned he would resume bombing the Islamic republic when it expired. "I have... directed our Military to continue the Blockade and, in all other respects, remain ready and abl...

Lufthansa cuts 20,000 flights as fuel prices soar and travel crisis deepens

Lufthansa cuts 20,000 flights as fuel prices soar and travel crisis deepens'In total, 20,000 short-haul flights will be removed from the schedule through October, equivalent to approximately 40,000 metric tonnes of jet fuel', the airline announcedCommentsNewsRachel Vickers-Price UK and World News Reporter03:38, 22 Apr 2026Updated 03:42, 22 Apr 2026View 3 ImagesMajor airlines have axed flights due to the conflict in Iran causing jet fuel prices to skyrocket(Image: AP)European airline Lu...

Europe's most valuable company is laying off 1,700 employees: These are the jobs that will be cut

Dutch chip giant ASML is cutting 1,700 jobs, primarily management roles, to streamline operations and boost engineering focus amidst record revenues. This move, impacting about 4% of its workforce, aims to flatten its organizational structure and create new engineering positions. However, the decision has sparked employee protests and union criticism, citing the company's substantial profits and planned share buybacks.

UK targets 10GW solar-wind buildout on public land to cut gas from power bills

The United Kingdom is accelerating a sweeping clean-energy expansion, recording a bumper wind power output in the first quarter of 2026, as per government data.The green energy drive is aimed at shielding households from volatile natural gas prices that have driven up electricity bills amid global supply shocks tied to the war in Iran.On Tuesday, the Labour government unveiled measures designed to weaken the long-standing link between gas prices and electricity costs by rapidly boosting homegrow...

RBI updates e-mandate rules for transactions over Rs 15,000. Check details

RBI updates emandate rules for transactions over Rs Check details

Govt invites bids from financiers as it eyes more borrowing

• Seeks proposals from global consortiums to act as underwriters, lead managers, book runners• Selection based on lowest yield, cost, coupon• Timing of future issuances tied to market conditions ISLAMABAD: A day after raising $750 million through a Eurobond at an interest rate of 6.975 per cent for three years, the government on Tuesday invited bids from international consortiums to act as underwriters, lead managers and book runners for future transactions in global capital markets over the nex...

India, US seek greater clarity on trade issues

The Indian negotiating team, led by Additional Secretary Darpan Jain, met US negotiators led by Assistant US Trade Representative Brendan Lynch to begin talks.| India News

UAE jobs: 56% of employers plan to expand their workforce, says new report

The UAE has ranked first globally in hiring intent for 2026, with 56 per cent of employers planning to expand their workforce, new data from human capital firm Taaeen Group shows.Across the Gulf, more than five million private sector jobs are expected to be created by 2030, driven by growth in technology, artificial intelligence, healthcare, and energy.The figures come as Gulf governments accelerate economic diversification, with the UAE and Saudi Arabia investing heavily in smart cities, clean...

Dubai millionaires: Indians, Pakistanis, Saudis lead foreign-born wealthy list

Dubai is home to 900 ultra-rich people with assets of $30 million (Dh110 million), and a majority of foreign-born millionaires come from India, Pakistan, and Saudi Arabia, according to a new study released on Wednesday.The report, released by Altrata, which provides intelligence and insights on different sectors, and investment migration consultancy Arton Capital, said Dubai’s wealthy population is younger than in many other markets, with one in five foreign-born ultra-high-net-worth individuals...

5 renting rule changes starting in days as BBC expert says notice may be ‘invalid’

5 renting rule changes starting in days as BBC expert says notice may be ‘invalid’The new rules meant to protect people have potentially put some at risk of eviction as one expert explained when it could become invalidCommentsMoneySamantha Leathers Senior Money & Lifestyle writer02:50, 22 Apr 2026View 3 ImagesCost of living expert Colletta Smith explained what the changes mean for renters(Image: BBC)From May 1, 2026 the new Renters’ Rights Act will come into force in England and Wales, makin...

Senior law firm partner is arrested after being accused of facilitating $25million worth of fraud for one of the biggest alleged money laundering syndicates EVER

Senior law firm partner is arrested after being accused of facilitating $25million worth of fraud for one of the biggest alleged money laundering syndicates EVERSenior partner at law firm arrestedHe was accused of facilitating fraud By AIDAN WONDRACZ, ASSISTANT NEWS EDITOR, AUSTRALIA Published: 02:31, 22 April 2026 | Updated: 02:50, 22 April 2026 e-mail

British Airways, Ryanair, easyJet and Jet2 issue fuel warning amid Middle East war

British Airways, Ryanair, easyJet and Jet2 issue fuel warning amid Middle East warRyanair, British Airways and easyJet among other airlines issued the warning as jet fuel costs have soared due to the ongoing Strait of Hormuz disruption, a major shipping route for oil and gasCommentsTravelAntonio Scancariello and Bradley Jolly Overnight News Editor02:39, 22 Apr 2026View 2 ImagesBritish Airways are among several airlines encouraging the government for help(Image: PA)Airlines, including Jet2 and Ry...

Pacific Islanders skip food, medicine amid global fuel shortage from Iran war

Far-flung Pacific nations ⁠are reeling from the impact of a global ⁠fuel crisis as authorities scramble to manage energy supplies while families must grapple ⁠with fuel curbs and higher costs for food and access to healthcare. Global oil supplies are running down as the US-Israeli war with Iran disrupts traffic through the Strait of Hormuz, which typically carries about 20 per cent of the world’s oil and liquefied natural gas flows. Aid agencies have warned that the crisis has driven up prices.....

How Gulf oil giants are racing to bypass Hormuz after Iran war shock

How Gulf oil giants are racing to bypass Hormuz after Iran war shock

آکسیوس: ترامپ برای مهار قیمت سوخت، قصد دارد معافیت‌ها برای انتقال سوخت آمریکا را تمدید کند

آکسیوس به نقل از مقام‌های آمریکایی گزارش داد ترامپ در حال بررسی تمدید معافیت‌های قانون جونز است که جابه‌جایی سوخت میان بنادر آمریکا را محدود می‌کند. او پیش‌تر این محدودیت‌ها را برای ۶۰ روز تعلیق کرده بود تا با افزایش انتقال محموله‌ها، به مهار رشد قیمت سوخت کمک کند.

Billionaire Adrian Portelli announces plan to sell fuel for $1 per litre as he opens his first petrol station this week

Billionaire Adrian Portelli announces plan to sell fuel for $1 per litre as he opens his first petrol station this weekAdrian Portelli is opening a service station this weekPetrol will be priced at $1 a litreREAD MORE: Albanese announces four cargo ships carrying 200million litres By MAISY RAE and ASHLEY KNICKEL Published: 02:15, 22 April 2026 | Updated: 02:21, 22 April 2026 e-mail View comments

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Virginia approves redistricting, giving Democrats edge in midterms

Virginia approves redistricting, giving Democrats edge in midterms1 hour agoShareSaveAdd as preferred on GoogleSareen HabeshianGetty ImagesVirginia voters have approved a redistricting measure that could hand Democrats control of the thinly-divided US House of Representatives, US media report. The state is the latest front in a national battle to redraw congressional districts after President Donald Trump and Republicans initiated a national gerrymandering push aiming to help conservatives maint...