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CSR spending by listed firms jumps 23% in FY25 led by strong profit growth
Under existing regulations, firms meeting specified financial thresholds are required to allocate at least 2% of their average net profits towards CSR initiatives
20 Hong Kong couples get triple baby bonus of HK$60,000 each but disbursement lags
Twenty Hong Kong couples have each received baby bonuses totalling HK$60,000 (US$7,700) for having three children in about 2½ years. Yet less than 60 per cent of the HK$2.28 billion earmarked for the three-year government scheme has been disbursed as of February, with just over six months to go before it ends in October. Government figures showed the city’s registered birth rate in the first two months of this year dropped by 20 per cent compared with the same period in 2025. A youth group...
Toys ‘R’ Us game-changer: ‘kidults’, compact shops fuel pivot as Hong Kong retail evolves
Hong Kong-headquartered Toys ‘R’ Us Asia has pivoted to an experience-focused format and smaller stores in the city following an expansion programme that sought to increase its outlets as it navigates the changing retail landscape. The group planned to close the year with 20 stores in Hong Kong, representing a 40 per cent rise from 2025, said Leo Tsoi, CEO of the toys and collectibles retailer. The strategy allows the group to be more nimble and adapt to the demographic shift, as toys and...
Iran war: The fertiliser challenge India faces, and the possible way out
India may pull through fertiliser shortages in the coming kharif. The real problem would be in the rabi season.
Energy Secretary admits gas prices might not drop until next year
NewsWorldAmericasUS politicsEnergy Secretary admits gas prices might not drop until next year‘I don’t know’ when gas prices will come down, Trump energy chief tells CNNJohn Bowden in Washington, D.C. Monday 20 April 2026 01:22 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articl...
South Korea's Lee to seek big boost in economic ties in summit with India's Modi
South Korean President Lee Jae Myung heads into talks with Indian Prime Minister Narendra Modi in New Delhi on Monday, aiming for a big boost in economic cooperation, particularly in areas such as shipbuilding. It is the first South Korean presidential state visit to India in eight years. "The level of economic cooperation between South Korea and India is still very low," Lee said on Sunday at a dinner meeting with members of the Korean community in New Delhi. "Going forward...
How Red Sea closure would cripple global economy and end Western sea hegemony
The closure of the Red Sea in the event of American escalation in the region would cripple global supply chains, trigger economic shocks, end Western maritime hegemony, and accelerate a multipolar world order.
India, Sri Lanka discuss proposal for oil pipeline
COLOMBO: Indian Vice President C P Radhakrishnan and Sri Lankan President Anura Kumara Dissanayake discussed the proposed link between India and the island nation through an oil pipeline, Foreign Secretary Vikram Misri said here on Sunday.Get updated faster and for FREE: Download the Gulf News app now - simply click here.Radhakrishnan and Dissanayake also had productive discussions on further deepening the multifaceted bilateral ties, housing projects and fishermen issues between the two South A...
Oil prices jump: Brent rises to $96.30, WTI at $90.22 as Tehran rejects 2nd round of US-Iran talks
Oil prices jumped during early Monday (April 20, 2026) trading in Asia, with WTI crude at $90.22/barrel, up $6.37 or 7.60%, and Brent crude at $96.30/barrel, $5.92 or 6.55% higher, as of 8:36 am Tokyo time [or 11:36 pm GMT Sunday].The gains came as markets tracked renewed geopolitical risk, while Murban crude fell 9.80% to $91.70 and natural gas rose 1.42% to 2.712.Oil prices jumped due to a stacking of risks: military escalation, uncertain shipping through the Hormuz oil artery, potential stall...
Armed Forces eye biogas, solar to cut fuel use amid West Asia crisis
Orders to procure biogas stoves are in the pipeline and will be initiated soon by the Army, the officials said.
Asia’s EV revolution shifts into overdrive with Iran war oil shock
Across Asia, a revolution in how people move was already gathering speed. War in Iran just hit the accelerator. Prashant Tiwari was among the first people at his company to go electric when he swapped his petrol car for a Hyundai Kona five years ago. Now, his colleagues at Fusemachines Nepal – an AI firm in Kathmandu – are calling him a prophet. “They say you don’t have any problem,” the 36-year-old product manager said. “I think it is foolish to buy a petrol-run car now, and everyone generally....
وال استریت ژورنال: امارات گفتوگو با آمریکا برای دریافت پشتوانه مالی را آغاز کرده است
والاستریت ژورنال گزارش داد امارات برای دسترسی سریع به دلار در صورت طولانی شدن جنگ با ایران، گفتوگو با آمریکا درباره ایجاد پشتوانه مالی را آغاز کرده است. رییس بانک مرکزی امارات ایده راهاندازی خط تبادل ارزی را با وزیر خزانهداری آمریکا و مقامهای فدرال رزرو مطرح کرده است.
Oil prices jump as Strait of Hormuz tensions escalate
Oil prices jump as Strait of Hormuz tensions escalate7 minutes agoShareSaveAdd as preferred on GooglePeter HoskinsBusiness reporterAFP via Getty ImagesGlobal oil prices jumped in Monday morning trade in Asia as tensions rose between the US and Iran over the Strait of Hormuz waterway.Brent crude futures were up by 6.4% at $96.13 (£71.27), while West Texas Intermediate was 7.5% higher at $90.15.On Friday, oil prices plummeted after Tehran said the strait would be "completely open" to com...
Nat Barr unloads on Jacinta Allan as Victoria hurtles towards $200bn debt: 'Can you afford this?'
Jacinta Allan tried to dodge questions about budget crisis READ MORE: Jacinta Allan rocked by mass resignations months before electionBy KYLIE STEVENS, SENIOR BREAKING NEWS REPORTER, AUSTRALIA Published: 00:49, 20 April 2026 | Updated: 00:49, 20 April 2026 e-mail View comments
Oil and Gas Prices Surge After US Seizes Iranian Ship
President Donald Trump has said the US Navy fired upon and seized an Iranian-flagged cargo ship in the Gulf of Oman after it failed to heed warnings to stop as it left the Strait of Hormuz. Bloomberg's Laura Davison reports on the latest as oil and gas prices rise. (Source: Bloomberg)
Australia’s Viva Sees Refinery Fuel Output at 90% Within Weeks
Viva Energy Group Ltd. said its Geelong refinery in Australia will boost diesel, jet fuel and gasoline production to about 90% of capacity over the next few weeks after a major fire forced it to cut output.
India has splurged billions on metro trains. But where are the commuters?
India has splurged billions on metro trains. But where are the commuters?Just nowShareSaveAdd as preferred on GoogleNikhil InamdarHindustan Times via Getty ImagesIndia has spent $26bn on building a metro network across nearly two dozen citiesOn a weekday evening last month, Mumbai's southbound Aqua Line metro train nearly emptied out a couple of stops before the final one.On de-boarding, the last station bore the look of a desolate Soviet-era structure rather than a bustling train terminal...
Britain set to 'flirt with recession' this summer amid turmoil over Iran: Doom-laden report predicts economy will flatline for six months
Britain set to ‘flirt with recession’ this summer amid turmoil over Iran: Doom-laden report predicts economy will flatline for six monthsBy HUGO DUNCAN, BUSINESS EDITOR Published: 00:11, 20 April 2026 | Updated: 00:18, 20 April 2026 e-mail View comments
ABF poised to reveal result of Primark and food business demerger plan
Retail analysts say breaking up food and fashion group would make sense in challenging business environmentPrimark may break free from Kingsmill, Twinings and the sugar business this week when Associated British Foods announces plans on a mooted demerger.The potential split comes at a tricky time for the group controlled by the billionaire Weston family, with its fashion and food arms facing tough competition and rising costs. Continue reading...
Average price tag on a home jumps by nearly £3,000 in April – Rightmove
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