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How Hong Kong can beat Singapore as the launch pad for Chinese firms
For a Chinese enterprise venturing overseas, the first decision is often not which market to enter, but which city to launch from. And that choice increasingly narrows to Hong Kong or Singapore. Both offer deep capital markets, common law systems and Chinese-speaking talent. Both want to be the trusted first stop. But a gap has emerged – not in what the two cities offer on paper, but in how they treat the enterprises they both want. What does a “launch pad” deliver? It is where a Chinese...
What did we learn from McArdle's first two games in charge?
What did we learn from McArdle's first two games in charge?Image source, Press EyeImage caption, McArdle has guided Northern Ireland to two wins over Malta in his first two games in chargeByLauren McCannBBC Sport NI JournalistPublished8 minutes agoIt is a case of so far, so good for new Northern Ireland boss Michael McArdle, who has two wins from his first two games under his belt.The Scottish manager masterminded a thumping 4-0 win over Malta at Mourneview Park on Tuesday before NI saw off...
Tharoor spots silver lining as Hormuz tensions boost Kerala's Vizhinjam port traffic
Tharoor spots silver lining as Hormuz tensions boost Keralas Vizhinjam port traffic
بلومبرگ: پس از هشدار جمهوری اسلامی پنج نفتکش حامل گاز طبیعی از نزدیکی تنگه هرمز بازگشتند
بلومبرگ گزارش داد پس از هشدار جمهوری اسلامی درباره بسته بودن تنگه هرمز، پنج نفتکش حامل الانجی مسیر خود را تغییر دادند یا سرعتشان را کاهش دادند. از زمان آغاز عملیات آمریکا و اسرائیل، هیچ محموله الانجی از خلیج فارس خارج نشده و حدود یکپنجم عرضه جهانی مختل شده است.
Netherlands to activate first phase of energy crisis plan, ANP reports
InternationalNetherlands to activate first phase of energy crisis plan, ANP reportsBy Reuters -Apr 19, 2026AMSTERDAM: The Netherlands will activate the first phase of an energy crisis plan on Monday, Dutch news agency ANP reported on Saturday, citing government sources. It is the first time the Netherlands government will have activated the plan, which was designed during the energy crisis triggered by Russia’s full-scale invasion of Ukraine in 2022. The government was not immediately ava...
India approves $1.4 billion maritime insurance pool, hikes inflation-linked allowances
International India approves $1.4 billion maritime insurance pool, hikes inflation-linked allowancesBy Reuters -Apr 18, 2026India has approved a 129.8-billion-rupee ($1.4 billion) guarantee for a maritime insurance pool, a minister said on Saturday, as wars and sanctions prompt insurers to withdraw cover, threatening trade flows. The pool will run for 10 years and can be extended by a further five years, Information and Broadcasting Minister Ashwini Vaishnaw said. “There was a need for a domes...
'I was looking at a score around 220-230': Gaikwad after SRH loss
Chennai Super Kings lost by 10 runs to Sunrisers Hyderabad after a middle-overs slowdown derailed their chase. Ruturaj Gaikwad said restricting SRH to 194 felt good but scoring just four runs after 10 overs proved costly. Despite strong starts, CSK lost momentum. He praised the bowlers, especially Anshul Kamboj, for consistent performances and clarity in execution.
UAE Lottery: 4,034 players win in Lucky Day draw; check your numbers
A total of 4,034 players won prizes in the latest UAE Lottery Lucky Day draw held on Saturday, April 18, including three Lucky Chance winners who took home Dh50,000 each.For draw number 260418, the winning combination was:Days: 1, 3, 11, 15, 17 and 20Lucky Month: 12No winner was announced for the Dh30 million jackpot or Dh5 million second prize.While no top-tier prizes were claimed, several players won across other categories.37 players won Dh1,000 each in the fourth prize tier.3,994 players won...
Dh30m UAE Lottery: Draw results released – did your numbers come up?
Dubai: In Saturday’s Dh30 million UAE Lottery’s Lucky Day draw, many participants have taken home cash prizes.During Draw No. 260418, the winning numbers in the Days section were 17, 11, 1, 20, 15, and 3, while the Months section winning number was 12.Additionally, three residents have each bagged Dh50,000 through the guaranteed Lucky Chance ID prize category.The Lucky Chance IDs for the three winners were DI8579206, AD0203422, and CT7029152.Get updated faster and for FREE: Download the Gulf New...
Morocco Absent As World Bank Initiative Targets Global Water Crisis
Casablanca – The World Bank Group has launched a new global initiative aimed at tackling one of the planet’s most persistent crises. Called Water Forward, the program is designed to help countries strengthen water security, improve infrastructure, and better manage increasingly unpredictable supplies. Announced last Wednesday, the initiative comes with an ambitious target. The World Bank says it wants to help deliver water security for one billion people. At its core are so-called “Water Compact...
Morocco Prepares Launch of Foreign Trade Procedures Portal to Boost Competitiveness
Agadir – Secretary of State to the Minister of Industry and Trade in charge of Foreign Trade, Omar Hejira held a meeting on Friday to lay the groundwork for the upcoming launch of the Moroccan portal for foreign trade procedures. The session brought together key public and private sector stakeholders involved in foreign trade operations, including representatives of major professional organizations such as the Moroccan Confederation of Exporters (ASMEX) and the General Confederation of Mo...
Newsom administration allegedly knew of $2B California budget error for months: report
California Democrats were aware of a roughly $2 billion budget accounting error for months, even though Gov. Gavin Newsom’s January spending plan already projected a roughly $3 billion deficit for the coming fiscal year, according to a report.The mistake, tied to the state’s public employee retirement system, CalPERS, could shrink that projected deficit. But state analysts warn California still faces far larger long-term budget problems, with annual deficits projected at $20 billion to $35 billi...
Pakistan repays $2 billion to UAE
Pakistan on Saturday paid back $2 billion debt of the United Arab Emirates after seven years, further lessening its dependency on the Gulf nation whose support allowed Islamabad to sail-through two economic crises of 2018 and 2023. Pakistan returned the $2 billion UAE debt by taking a new debt from Saudi Arabia, bringing the total repayments to Abu Dhabi this week at $2.5 billion, according to the government officials. The finance ministry had not factored in these repayments till the end of l...
SBP says govt has paid $2bn to UAE
KARACHI. The State Bank of Pakistan (SBP) said on Saturday that the government had paid $2 billion to the United Arab Emirates (UAE). Earlier this month, a senior Pakistani official said Abu Dhabi had sought the immediate return of $3.5bn; the funds were part of external financing support extended in 2019 to help stabilise Pakistan’s balance of payments. The outflow of $3.5bn dollars could be a big shock to the central bank’s foreign exchange reserves. However, Saudi Arabia on Thursday pledged a...
EFL roundup: Cardiff promoted from League One after Exeter keeper’s goal denies Stockport
Exeter’s Jack Bycroft levels against Stockport to lift CardiffBromley promoted from League Two after Notts County loseCardiff are celebrating an instant return to the Championship after results in the League One promotion race favoured the Welsh club, while Bromley have been promoted from League Two without playing.After Bradford and Bolton were held to draws in Saturday’s early games, Cardiff needed more points from there game at Reading than Stockport could manage at Exeter. Cardiff did their...
Bloomberg This Weekend 4/18/2026
The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by The Associated Press International Correspondent Philip Crowther, Ulta Chief Technology & Information Officer Mike Maresca, Sephora Senior VP & General Manager Nadine Graham, e.l.f. Beauty Chief Technology & AI Officer Ekta Chopra, Estee Lauder Chief Technology Data & Analytics Officer Brian Franz,...
How Filipino workers in UAE can claim $200 financial assistance
Dubai: Filipino workers in parts of the UAE whose livelihoods have been disrupted by the ongoing situation in the Middle East are set to receive temporary financial relief, following a new advisory issued by the Migrant Workers Office (MWO) in Dubai and the Northern Emirates.Under the programme, qualified overseas Filipino workers (OFWs) will receive a one-time assistance of $200 (around Dh730), or its equivalent in local currency, as part of efforts by the Philippine Department of Migrant Worke...
Cement Price in Pakistan- April 18, 2026
BusinessPakistanCement Price in Pakistan- April 18, 2026By Web Desk-Apr 18, 2026s of April 18, 2026, cement prices in Pakistan for a standard 50kg bag of ordinary Portland cement (OPC, typically 53 grade) range from approximately ARs. 1,340 to Rs. 1,450, depending on the region, quality, brand, and local market conditions. The nationwide average hovers around Rs. 1,380 to Rs. 1,420 per bag, with only modest fluctuations observed in recent weeks. In major cities: Karachi and southern markets (inc...
'IMF board nod awaited for next tranche'
Finance Minister Muhammad Aurangzeb said Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF), with approval from the lender's executive board expected shortly. The step would unlock the next tranche of funding as the country signals a return to global financial markets. According to the finance ministry, the minister shared the development during a meeting with representatives of S&P Global Ratings, where discussions focused on Pakistan's improvi...
Consumers to benefit from further fall in oil prices
Minister of State for Finance Bilal Azhar Kayani has said that petroleum prices are being reviewed on a regular basis, with any adjustments being aligned with global market trends. He noted that petroleum levies were being rationalised and the levy on diesel currently stood at zero while petrol carried a levy of Rs80, adding that any further decline in international oil prices would be passed on to consumers. Speaking during his visit to the Karachi Chamber of Commerce and Industry on Saturday...