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Why Gen X is the real loser generation

Don’t cry for millennials or Gen Z. Save your pity for those in their 50s

Published on: May 08, 2025 | Source: Economist - Finance favicon Economist - Finance

Keating savages Albanese and Labor ‘factional lightweights’ after Husic and Dreyfus pushed from cabinet

Former prime minister says dumping of Ed Husic was ‘appalling denial’ of his ‘diligence and application’Get our breaking news email, free app or daily news podcastFormer Australian prime minister Paul Keating has savaged Anthony Albanese and “factional lightweights” within the Labor party over moves to dump ministers Ed Husic and Mark Dreyfus from cabinet, calling the decision unfair and disrespectful.Jostling between...

Published on: May 08, 2025 | Source: Guardian Australia favicon Guardian Australia

COP30 must heed the elephant in the room: fossil fuels 

Oil, gas and coal cause three-quarters of global emissions. Why are they nowhere to be seen on the Belém climate summit's agenda? The post COP30 must heed the elephant in the room: fossil fuels appeared first on Climate Home News.

Published on: May 08, 2025 | Source: Climate Home News favicon Climate Home News

How China’s self-sufficiency drive is dividing the global tech ecosystem

Countries need to be ready for a world of bifurcated supply chains and data flows, economist Gary Ng says during a panel hosted by the Post.

Published on: May 08, 2025 | Source: South China Morning Post favicon South China Morning Post

Nintendo forecasts sales of 15 million Switch 2 consoles as it gears up for launch

Nintendo said it expects to sell 15 million units of its new Switch 2 console in the fiscal year ending March 2026.

Published on: May 08, 2025 | Source: CNBC International favicon CNBC International

Hong Kong ferry disaster survivor says life jackets locked away before sinking

Philip Chiu, whose sister died in the 2012 tragedy, becomes first witness to provide verbal testimony at coroner’s inquest.

Published on: May 08, 2025 | Source: South China Morning Post favicon South China Morning Post

South China Sea: PLA blocks Philippine warship in move Manila calls ‘reckless’

Beijing warns neighbour to stop ‘provocative acts’ after halting vessel near disputed Scarborough Shoal, while Manila decries ‘harassment’.

Published on: May 08, 2025 | Source: South China Morning Post favicon South China Morning Post

The EU wants to end all Russian gas imports. Moscow's friends in the bloc say it's a 'serious mistake'

Russia's friends in Eastern Europe say EU plans to end all Russian gas and energy imports are tantamount to "economic suicide" and a threat to energy security.

Published on: May 08, 2025 | Source: CNBC International favicon CNBC International

Eviction of Hong Kong teacher on hold as she mounts challenge against authorities

Teacher insists checks by Housing Department to see if she lived in one-person public flat overlooked her long daily hours away from home.

Published on: May 08, 2025 | Source: South China Morning Post favicon South China Morning Post

Global turmoil has at least one beneficiary: currency traders

The foreign-exchange market has been reinvigorated by recent events

Published on: May 08, 2025 | Source: Economist - Finance favicon Economist - Finance

Jacinta Nampijinpa Price defects to Liberals and hints she could contest party’s deputy leadership

Northern Territory senator switches from Nationals to Liberals where she believes she can be more ‘effective’ in fighting for ‘best interests of all Australians’Australia news live: latest politics and federal election updatesGet our breaking news email, free app or daily news podcastThe firebrand Northern Territory senator Jacinta Nampijinpa Price has defected to the Liberals and hinted she could contest the party’s...

Published on: May 08, 2025 | Source: Guardian Australia favicon Guardian Australia

Germany updates: AfD party's 'extremist' label suspended

The far-right party launched an appeal against the "extremist" classification by the domestic intelligence agency. Berlin's new government is marking VE Day and the end of WWII. DW rounds up the latest news from Germany.

Published on: May 08, 2025 | Source: Deutsche Welle (DW) favicon Deutsche Welle (DW)

Why Hong Kong’s interbank rate at 30-month low is a relief for homeowners, companies

Hibor-linked mortgage borrowers will save about US$40 per month after the one-month interbank rate fell by almost 1 percentage point.

Published on: May 08, 2025 | Source: South China Morning Post favicon South China Morning Post

Dollar demand shrinks with tariff tug-of-war

Subscribe nowwith a one-month trial for only $1, then enjoy the first year at an exclusive rate of just $99. Dollar demand shrinks with tariff tug-of-war David Goldman analyzes the rally of Asian currencies amid mounting US tariff threats, arguing that a structural shift in global trade patterns away from US-centered supply chains is weakening […] The post Dollar demand shrinks with tariff tug-of-war appeared first on...

Published on: May 08, 2025 | Source: Asia Times favicon Asia Times

Antisemitic incidents surge across Europe and the world, ADL's J7 Task Force report shows

Cases of antisemitism have risen dramatically in Germany and elsewhere, as Europe marks the 80th anniversary of the end of World War II.

Published on: May 08, 2025 | Source: Euronews favicon Euronews

No surrender to tech oligarchs: EU must build alternative social media platforms

We can put an end to exploitative and toxic business models that threaten not only mental health but also our democracies. If X, Meta and TikTok do not play by our rules and are damaging to our citizens, we need to consider a full suspension on these platforms, as it happened in Brazil, write the Socialists & Democrats.

Published on: May 08, 2025 | Source: EU Observer favicon EU Observer

Dominique Mamberti: Who is the cardinal deacon who will announce the new pope to the world?

A leading figure in Vatican diplomacy, Dominique Mamberti will have the important task of introducing the new pontiff to the Catholic faithful. He held numerous important roles at the Holy See until his appointment as cardinal protodeacon in 2024.

Published on: May 08, 2025 | Source: Euronews favicon Euronews

How does Hong Kong’s Cathay stack up among regional airlines in punctuality?

City’s flag carrier secures spot among top 10, edging out rival Singapore Airlines, which failed to make the list in April.

Published on: May 08, 2025 | Source: South China Morning Post favicon South China Morning Post

How Saudi Arabia is cranking up the pressure on its OPEC allies

Will oil prices fall much further?

Published on: May 08, 2025 | Source: Economist - Finance favicon Economist - Finance

Trump is a threat to Asia’s giant insurers

Not just its exporters

Published on: May 08, 2025 | Source: Economist - Finance favicon Economist - Finance

Maersk, a bellwether for global trade, cuts container market outlook on U.S.-China tariff tensions

Danish shipping giant Maersk on Thursday posted stronger-than-expected first-quarter operating profit and maintained its full-year profit guidance.

Published on: May 08, 2025 | Source: CNBC International favicon CNBC International

What happens when a hegemon falls?

Why economists are turning to a 50-year-old book on the Depression

Published on: May 08, 2025 | Source: Economist - Finance favicon Economist - Finance

California Sues the Trump Administration for Violating the Constitution—Again

California filed its latest lawsuit against the Trump administration Wednesday, this time for withholding billions of dollars allocated by Congress for electric charging infrastructure. California and attorneys general from 15 other states and the District of Columbia are suing the Federal Highway Administration for trying to thwart Congress’ $5 billion program to expand electric vehicle […]

Published on: May 08, 2025 | Source: Inside Climate News favicon Inside Climate News

Fight over roti at Indian wedding leads to deaths of 2 teenagers in Uttar Pradesh

Police said the confrontation began with an argument over who was next in line to receive a serving of the flatbread.

Published on: May 08, 2025 | Source: South China Morning Post favicon South China Morning Post

Soybean Lab Scheduled to Close After USAID Cuts Gets a Year-Long Reprieve

A lab focused on developing soybean farming in Africa was scheduled to shutter in April, a casualty of the Trump administration’s USAID cuts. Then a donor stepped in. Founders Pledge, an international nonprofit that supports entrepreneurs, announced that an anonymous donor offered the Soybean Innovation Lab just over $1 million to continue its work. The […]

Published on: May 08, 2025 | Source: Inside Climate News favicon Inside Climate News

Cargo business of Hong Kong’s Cathay ‘set for sharp decline amid Trump tariffs’

HSBC research report also says Hong Kong flag carrier’s full-year profits could be cushioned by lower jet fuel costs.

Published on: May 08, 2025 | Source: South China Morning Post favicon South China Morning Post

India-Pakistan clash: ‘far from neutral’ Russia and China step in with arms

The arms provided by Russia to India and China to Pakistan come even as Moscow and Beijing want tensions in South Asia to ease, analysts say.

Published on: May 08, 2025 | Source: South China Morning Post favicon South China Morning Post

Mark Dreyfus and Ed Husic dumped from Albanese’s cabinet after ‘ruthless’ factional fight over frontbench

Sam Rae, Daniel Mulino and Tim Ayres will be winners from Labor’s looming reshuffleAustralia news live: latest politics and federal election updatesGet our breaking news email,free app or daily news podcastSenior ministers Mark Dreyfus and Ed Husic have been sensationally dumped from Anthony Albanese’s cabinet, after the prime minister opted not to protect the pair in a factional fight over frontbench...

Published on: May 08, 2025 | Source: Guardian Australia favicon Guardian Australia

There’s more to Taiwan’s currency shock than meets the eye

The surge in the New Taiwan dollar has exposed how trade policy, capital flows, geopolitics and sovereign risk have become closely intertwined.

Published on: May 08, 2025 | Source: South China Morning Post favicon South China Morning Post

Pre-K Spending and Enrollment Reach All-Time High, But Quality Concerns Remain

Preschool enrollment and funding reached record highs in 2024. But with Head Start programs on the chopping block, experts are concerned this could ...

Published on: May 08, 2025 | Source: EdSurge favicon EdSurge

China defense stocks surge as India-Pakistan tensions escalate

Chinese defense stocks surged after Pakistan's apparent use of China-made weapons to down Indian jets.

Published on: May 08, 2025 | Source: CNBC International favicon CNBC International

European blackout presents opportunities for China’s energy companies, analysts say

China is a leading provider of energy storage and grid-forming technologies that are crucial to preventing major power outages.

Published on: May 08, 2025 | Source: South China Morning Post favicon South China Morning Post