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Geopolitical tensions may bolster Hong Kong office demand as Gulf capital looks east
Hong Kong’s reputation as a safe haven could be reinforced by the geopolitical shock waves from the US-Israel conflict with Iran, potentially supporting demand for premium office space in its core business districts, according to analysts. While the city was not insulated from global uncertainty, it could benefit over the medium term as Gulf investors reassessed geographic diversification and sought stable financial hubs, said Jack Tong, director of research and consultancy at Savills Hong...
China woman unhappy with salary takes 5-hour nap at work to show boss ‘You get what you pay for’
A woman in central China who took a five-hour-long office nap during working hours and issued a tearful online complaint that her boss threatened to fire her if she did so again has captivated mainland social media. The unidentified woman said she felt badly treated by her boss, adding that she was unhappy with the size of her salary, according to a report by the Haichao News. She works in a company in Shangqiu, Henan province. Neither her employer’s information nor her job description is clear....
Bleak recession warning every Aussie needs to read over fears tens of thousands will lose their jobs: 'No one can predict the severity'
Bleak recession warning every Aussie needs to read over fears tens of thousands will lose their jobs: 'No one can predict the severity'Deloitte modelling warned of looming recessionTwo nightmare scenarios if Middle East conflict continues READ MORE: Albo breaks silence on Trump's threat to block Strait of HormuzBy SARAH BROOKES - SENIOR REPORTER, AUSTRALIA Published: 02:00, 13 April 2026 | Updated: 02:00, 13 April 2026 e-mail View comments
Global Bonds Slide as Failure of Talks Adds to Inflation Fears
MarketsGlobal Bonds Slide as Failure of Talks Adds to Inflation FearsFacebookXLinkedInEmailLinkGiftFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Michael MacKenzieApril 13, 2026 at 12:56 AM UTCBookmarkSaveThe failure of peace talks between the US and Iran is further shifting the bond market’s focus to inflation and reinforcing expe...
What Would a US Blockade of Hormuz Mean for Energy Markets
As President Trump threatens a US blockade of the Strait of Hormuz, Bloomberg's Stephen Stapczynski reports on the possible impact on oil and fuel supplies. (Source: Bloomberg)
Kuwait implements stricter eligibility for government rented housing in 2026
KUWAIT CITY: Kuwait has implemented new rules governing access to government-sponsored rented housing, aiming to enhance fairness and ensure that support reaches qualified beneficiaries through clearer, more transparent criteria. Minister of State for Municipal Affairs and Minister of State for Housing Affairs, Abdul Latif Al-Mishari, has issued Ministerial Decree No. 6 of 2026, according to an announcement by the Public Authority for Housing Welfare. This decree introduces amendments to several...
BOJ’s Usual Stance Amid Uncertainty Is to Hold, Ex-Official Says
The Bank of Japan’s usual approach to conducting policy at times of high uncertainty would be to wait and see, making the likely outcome of a meeting this month too close to call, according to a former executive director who oversaw monetary policy at the central bank.
Starmer refuses Trump's Strait of Hormuz blockade as oil prices set to rise
Starmer refuses Trump's Strait of Hormuz blockade as oil prices set to riseSir Keir Starmer has refused to join Donald Trump's blockade of the Strait of Hormuz, a key oil and gas shipping lane, which could drive up petrol costs for BritonsNewsPaige Ingram and Sophie Wingate Press Association Deputy Political Editor01:46, 13 Apr 2026View 2 ImagesKeir Starmer has declined to participate in Donald Trump's blockade of the Strait of Hormuz,(Image: AP)Sir Keir Starmer has declined to pa...
From toilet paper to travel: why inflation could soon hit Hongkongers hard
With various Hong Kong industries battered by the world’s highest petrol and diesel prices, economists and business leaders predict the oil crisis caused by the Middle East war will trigger a wave of imported inflation, driving up the cost of items ranging from toilet paper and laundry services to asphalt. Analysts have warned that the adverse impact on inflation will be more immediate than the effect on economic growth, with some saying the repercussions will emerge in the third and fourth...
Singapore May Tighten Monetary Policy as Oil Shock Lifts Prices
Singapore’s central bank is poised to tighten policy on Tuesday as the Iran war drives up import costs and threatens to push inflation beyond current projections, potentially becoming one of the first in Asia to adjust settings following the Middle East conflict.
Want a job at a massive corporate company? Be nice to your taxi driver...
Want a job at a massive corporate company? Be nice to your taxi driver...Do YOU have a story? Email william.g.hallowell@dailymail.co.ukGet your news delivered straight to you by 7am - sign up to our new Morning Mail newsletter for FREE By WILL HALLOWELL, NEWS REPORTER Published: 01:28, 13 April 2026 | Updated: 01:28, 13 April 2026 e-mail View comments
How is food reaching you despite regional tensions? DP World CEO explains
Dubai: Keeping supermarket shelves stocked has become a logistics exercise playing out across ports, highways and international corridors, with operators reworking supply chains to ensure food and essential goods continue to reach the UAE without disruption.Sign up for our daily business newsletter, Cheques & Balances.At the centre of that effort is DP World, which has been prioritising critical cargo from the outset, working closely with government entities, traders and manufacturers to keep im...
Japan to welcome 30 Nato envoys as Trump rattles US allies
Japan and Nato are drawing closer together, with 30 representatives from the transatlantic security alliance’s member states set to visit Tokyo this month amid mounting concern over Washington’s reliability as a security partner. The Nato envoys will reportedly hold talks on China’s expanding regional influence, Russia’s ongoing war in Ukraine and the implications of a more volatile global security order, according to Japanese public broadcaster NHK. “A delegation of this size underlines just...
Shipping minister calls for transparency in port operations
Union minister for shipping Sarbananda Sonowal has asked the country’s marine regulator to ensure transparency in port operations and clamp down on any “profiteering” by handlers and agencies so that vessels don’t face undue charges in the wake of the ongoing Strait of Hormuz crisis
تانکر ترکرز: ایران ۲۱ میلیون بشکه نفت را در ذخایر شناور در خلیج عمان نگهداری میکند
سمیر مدنی، از بنیانگذاران تانکر ترکرز، به آسوشیتدپرس گفت جمهوری اسلامی ۲۱ میلیون بشکه نفت را در ذخایر شناور خلیج عمان نگه داشته است. به گفته او، ۱۰ ابرنفتکش و یک سوئزمکس شناسایی شدهاند و تهران میتواند از این ذخایر برای تنظیم صادرات استفاده کند.
Oil jumps above $100 after US-Iran talks end without a deal
Oil jumps above $100 after US-Iran talks end without a deal12 minutes agoShareSaveAdd as preferred on GoogleOsmond ChiaBusiness reporterGetty ImagesOil prices jumped above $100 a barrel as energy markets reopened on Monday in Asia after talks between the US and Iran ended without a new deal and Donald Trump said he would blockade Iranian ports.Global benchmark Brent crude is up by 8.5% at $102.37 (£77.15), while West Texas Intermediate is 9% higher at $105.34.The failure of negotiations at the w...
اوربان، نماد محافظهکاران مجارستان، از اپوزیسیون شکست خورد
ویکتور اوربان، رهبر ملیگرای مجارستان، پس از ۱۶ سال حضور در قدرت در انتخابات سراسری شکست خورد؛ نتیجهای که میتواند معادلات اتحادیه اروپا، روابط با روسیه و حتی سیاست آمریکا در قبال اروپا را تحت تاثیر قرار دهد.
Oil prices jump, WTI skyrockets to $104 amid heightened Mideast tensions
Oil prices jumped in early trading Monday, with US and global benchmarks climbing sharply amid heightened tensions in the Middle East and investor concern over potential supply disruptions through key shipping lanes.As of 7:19 a.m. (Asia time) on April 13, West Texas Intermediate crude traded at $104.8 a barrel, up $8.24 or 8.53% in the last 10 minutes. Brent crude, the international benchmark, stood at $102.7, up $7.54 or 7.92%. Murban crude slipped 1.47% to $98.16. Natural gas rose 2.15% to $2...
Saudi Arabia restores East-West pipeline capacity after attacks
Saudi Arabia has restored the East-West pipeline and other affected energy facilities following the recent attacks, the Kingdom’s Ministry of Energy confirmed on Sunday. In an official statement, the ministry said that swift recovery operations — launched after the April 9 incidents — have significantly strengthened supply reliability. It noted that the Saudi Arabia energy sector had suffered a loss of approximately 700,000 barrels per day in pumping capacity along the East-West pipeline....
Drug firms will have to pay higher charges to fund our medicines watchdog, with one very worrying result - and no surprise who is going to end up footing the bill
Drug firms will have to pay higher charges to fund our medicines watchdog, with one very worrying result - and no surprise who is going to end up footing the billBy MUIRIS Ó CEARBHAILL Published: 00:21, 13 April 2026 | Updated: 00:21, 13 April 2026 e-mail