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NEPRA fines CPPA, NTDC Rs60m over costly electricity generation
The National Electric Power Regulatory Authority (NEPRA) has imposed a total fine of Rs60 million on the Central Power Purchasing Agency and the National Transmission and Despatch Company. The action relates to abnormal increases in fuel costs and system inefficiencies in January 2024. According to...
Defence budget under capital head fully utilised in FY2025-26
India's defence ministry has smartly deployed its revised capital expenditure of Rs 1.86 lakh crore for FY2025-26, mirroring the momentum from the previous year. This fiscal strategy highlights intense investments in aerial assets, ground defense technologies, and cutting-edge electronic warfare sys...
Hong Kong’s Small Builder Debt Woes Mount Despite Property Rally
Some of Hong Kong’s small property developers are grappling with renewed liquidity strains despite signs of recovery in the local real estate market, putting them on shakier ground than larger players in the sector.
IndiGo announces revised fuel surcharge after ATF price hike
Jet fuel prices rose 8.56%, prompting IndiGo to introduce new surcharges for flights.
US to step up strikes against Iran in next two to three weeks — Trump
The US leader reiterated that "all of America's military objectives" in the operation would be reached soon
Hong Kong’s CLP Power to give out HK$100 shopping coupons to 600,000 customers
Hong Kong’s CLP Power will distribute HK$100 (US$13) consumption coupons to about 600,000 eligible customers, including the elderly receiving concessionary tariffs, using HK$60 million from the company’s Community Energy Saving Fund. The initiative follows the power company’s earlier announcement th...
Oil prices — worst behind us now? WTI, Brent drop to under $100, Murban at $103 on war ceasefire hopes amid thin overnight trading
DUBAI 21°CGOLD/FOREXPRAYER TIMESNEWSLETTERSLOGIN GOLD/FOREXDUBAI 21°CPRAYER TIMES BUSINESSBUSINESSBANKING & INSURANCEAVIATIONPROPERTYTAX NEWSCORPORATE TAXANALYSISTRAVEL & TOURISMMARKETSRETAILCORPORATE NEWSTECHAUTO Business / EnergyOil prices — worst behind us now? WTI, Brent drop to under $100, Murb...
CEO of Finnish Chocolate Maker Fazer Sees IPO Happening by 2029
Finnish chocolate maker Fazer is on track for a possible initial public offering within a few years to fund an international expansion and potential acquisitions, Chief Executive Officer Christoph Vitzthum said.
Trump praises cooperation with Venezuela on energy sales as effective
The president says that the US military took the country "in a matter of minutes"
Trump’s Oil Claims on Hormuz 'Nonsense': Energy Analyst
Rystad Energy’s Lin Ye warns that Asia is bearing the brunt of crude disruptions in the Strait of Hormuz, noting that refineries are highly reliant on Middle Eastern crude in order to service global demand. President Trump had said the US is self-sufficient and not reliant on Middle Eastern oil. (So...
Hong Kong man, 89, rescued after being found clinging to care home exterior wall
An 89-year-old Hong Kong man has been rescued after he was discovered clinging to the exterior wall of a care home in To Kwa Wan following a fall from a second-floor window. Care home staff filed a report to police at around 8am on Thursday that the man was hanging from the wall. The building is loc...
Canada’s Energy Trade Push as Iran War Disrupts
Rising oil prices and supply risks are testing global markets as the Iran war threatens flows through the Strait of Hormuz. Canada says its LNG, oil and nuclear projects could help fill gaps for Asia. Trade Minister Maninder Sidhu spoke with Haslinda Amin from Seoul. (Source: Bloomberg)
Iran Has Plenty of Ways To Cause Energy Mayhem: Analyst
Bilal Saab, Senior Managing Director at TRENDS US and an associate fellow at Chatham House, warns that Iran has a "plethora of options to cause mayhem" in global energy markets. Saab, who served as a senior advisor to the Pentagon, also discusses his takeaways from President Donald Trump's primetime...
Gold’s $31 trillion market shows why investors still hold just 3%
DUBAI 21°CGOLD/FOREXPRAYER TIMESNEWSLETTERSLOGIN GOLD/FOREXDUBAI 21°CPRAYER TIMES BUSINESSBUSINESSBANKING & INSURANCEAVIATIONPROPERTYTAX NEWSCORPORATE TAXANALYSISTRAVEL & TOURISMMARKETSRETAILCORPORATE NEWSTECHAUTO Business / MarketsGold’s $31 trillion market shows why investors still hold just 3%Sca...
Asian Stocks Rise Ahead of Trump Speech | The Asia Trade 4/2/2026
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global...
Ukraine to receive $14.4 million in aid from Canada
The money is to be sent to the Ukraine Energy Support Fund, Prime Minister Yulia Sviridenko says
Fuel prices to fall another 5.7 cents a litre after states and Canberra strike GST deal
Australian prime minister Anthony Albanese announces GST revenue on fuel sales to be used to reduce fuel costs by a combined 32 cents a litreFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastTrack Australia’s fuel prices, service station...
Hong Kong’s unified stock exchange opens for trading in 1986 – SCMP archive
This article was first published on April 3, 1986. By Jerry Norton Debut-day is full of contradictions Considering the historic nature of yesterday’s share market trading, a strong rally might have seemed appropriate. Instead, the first session in the new unified stock exchange saw prices finish sha...
Hong Kong’s property deals exceed 7,000 for 6 straight months in March
Hong Kong’s property transactions crossed 7,000 for the sixth consecutive month in March – the first time in four years that monthly volumes stayed above this level – amid rising demand, according to estimates compiled by leading real estate agencies. The value of transactions for offices, shops, ne...
India Trading Ban Rocks $149 Billion-a-Day Offshore Rupee Market
India banned its banks from offering the most popular instrument for trading the rupee offshore, threatening to squeeze a $149 billion-a-day market in an extreme step to shore up its tumbling currency.