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Labor's negative gearing overhaul leaves an opening for existing homeowners
Labor's negative gearing overhaul leaves an opening for existing homeownersHomeowners can convert residence into investment propertyREAD MORE: What property tax changes mean for house pricesBy MATT JONES, SENIOR NEWS REPORTER, AUSTRALIA Published: 05:39, 18 May 2026 | Updated: 05:40, 18 May 2026 e-mail View comments
No more safe haven? Gold prices slip to six-week low as Middle East conflict drags on
Gold prices dropped to over a month's low as rising oil prices and Middle East tensions fueled investor anxiety, pushing them away from the safe-haven asset. Higher energy costs are also raising inflation concerns, increasing the likelihood of prolonged elevated interest rates from the US Federal Reserve.
Rupee falls to record low of 96.20 against US dollar; down 5.5% since Iran war began
The Indian rupee hit an all-time low against the US dollar, falling to 96.1650 amid escalating Middle East conflict and rising oil prices. This depreciation intensifies concerns over India's macroeconomic outlook, with authorities implementing measures to curb the decline and stabilize the currency.
Coles shoppers face higher paper bag fee on online orders
Coles shoppers face higher paper bag fee on online ordersIt came into effect on May 11Read more: Coles caught disguising price hikes as fake specials By BURNEY WONG Published: 05:08, 18 May 2026 | Updated: 05:08, 18 May 2026 e-mail View comments
Hedge Funds Ramp Up Bearish Sterling Bets on Andy Burnham Risk
Hedge funds and asset managers piled into bearish sterling option bets last week after Manchester Mayor Andy Burnham secured a pathway to potentially challenge for UK prime minister, raising fears of political instability and looser fiscal policy.
Chipmaker CXMT Reports Eightfold Jump in Sales on Path to IPO
ChangXin Memory Technologies Inc. reported soaring revenue and profit in the first quarter and forecast higher earnings ahead, bolstering its financials ahead of a high-profile initial public offering later this year.
Top stocks to buy: Stock recommendations for this week - check list
Stock market recommendations: Motilal Oswal Wealth Management Research Desk recommends picking up Syrma SGS, and Max Financials as the top stocks for the trading week starting May 18, 2026:
China Economic Data Surprises on the Downside, HSBC Says
China’s growth slowed in April with investment declining and retail sales rising just 0.2%. HSBC’s Jing Liu says the latest data should be viewed in the context of the Middle East conflict. “China is probably more resilient than others but no exception in terms of taking the hit,” she tells Bloomberg Television.
Young Australian says working full-time is no longer enough to make ends meet as expenses soar
Young Australian says working full-time is no longer enough to make ends meet as expenses soar READ MORE: Australia risks sleepwalking into same housing disaster as NZBy SARAH BROOKES - SENIOR REPORTER, AUSTRALIA and MATT JONES, SENIOR NEWS REPORTER, AUSTRALIA Published: 03:50, 18 May 2026 | Updated: 03:50, 18 May 2026 e-mail View comments
Samsung Shares Jump After Leaders Resume High-Stakes Union Talks
Samsung Electronics Co.’s shares jumped after company management entered make-or-break wage negotiations with its largest labor union aimed at averting a strike that could disrupt operations at the world’s biggest memory chipmaker.
US says China to buy billions in agricultural goods after Trump-Xi talks
China will buy 'at least' $17bn worth of US agricultural goods annually, the White House says.
Blue passports okayed for 42 top taxpayers
• Authorities plan passport home delivery, chatbot for applicants• Cashless payment options to replace National Bank deposits ISLAMABAD: Blue passports have been approved for 42 top taxpayers designated as ambassadors at large on the directions of the prime minister, Directorate General of Immigration and Passports (DGIP) chief Muhammad Ali Randhawa told Dawn on Sunday. Mr Randhawa said most of the approved blue passports had already been issued. “Another proposal for special-coloured passports...
Bharti Airtel, Cipla & more: Top stocks to watch today
Jefferies raised Bharti Airtel's target price to Rs 2,350 on strong Q4FY26 performance, while JP Morgan upgraded Cipla to overweight citing improved earnings visibility and attractive valuations. Morgan Stanley maintained an underweight rating on Dixon Technologies due to revenue and EBITDA misses, and HDFC Securities upgraded Hyundai Motor India to add, noting management's renewed focus on domestic growth and exports.
Oil prices rise after Trump warns 'clock is ticking' on Iran peace talks
Oil prices rise after Trump warns 'clock is ticking' on Iran peace talksJust nowShareSaveAdd as preferred on GoogleHindustan Times via Getty ImagesOil prices rose on Monday morning in Asia after US President Donald Trump warned Iran the "clock is ticking" as talks to bring the war to an end have stalled.The global benchmark Brent crude was 1.85% higher at $111.28 (£83.61), while US-traded oil was up by 2.32% at $107.87.Energy markets have been on a wild ride after Iran effectively closed the key...
A look at major Ebola outbreaks and when the disease was first identified
CAPE TOWN, South Africa: Health authorities say there is a new Ebola outbreak in the Central African country of Congo, with more than 300 suspected cases and at least 88 deaths. Cases have also been reported in neighbouring Uganda.The outbreak was declared a public health emergency of international concern by the World Health Organization on Sunday.Mystery 'Disease X' probed after killing 79 people in CongoThe severe disease that is often fatal was first identified in 1976 after two outbreaks in...
Thailand to Pare 7,000 Business Rules to Lure Foreign Investment
Prime Minister Anutin Charnvirakul’s government plans a sweeping reform of more than 7,000 business regulations, aiming to cut bureaucratic hurdles and accelerate investment as it tries to compete for global capital.
Rare Ebola’s Silent Spread in Congo Exposes Surveillance Gaps
A rare Ebola outbreak that may have circulated undetected in northeastern Congo for several weeks is exposing the difficulty of detecting deadly viruses in regions where malaria, typhoid and other fever-causing illnesses are common and health systems are stretched thin.
The IMF and the elephant in the energy sector
The International Monetary Fund (IMF) is not wrong to say that Pakistan’s power sector subsidy regime needs reform. Any serious policy practitioner knows that the present tariff structure is fiscally expensive, administratively weak, and vulnerable to misuse. But the IMF is wrong in how it has framed the problem, sequenced the solution, and identified the culprit. Under the Resilience and Sustainability Facility, the government has committed to replacing the budgeted electricity tariff different...
Oil prices jump 2% after UAE nuclear plant attack amid 80-day Hormuz closure
Oil prices surged over 2% on Monday, driven by escalating Middle East tensions and stalled de-escalation efforts. Reports of a nuclear power plant attack and potential US military options against Iran further unsettled markets. Both Brent and WTI crude saw significant gains, continuing a sharp rally from the previous week.
Keppel’s $1.1 Billion M1 Telco Sale to Tuas Stalled by Regulator
Singapore’s regulator has suspended its assessment of Keppel Ltd.’s planned S$1.4 billion ($1.1 billion) sale of one of the city-state’s major telecommunication providers M1 Ltd., throwing into doubt a key transaction by the conglomerate-turned-asset manager.