Hong Kong to announce tax break to lure global commodity traders
Hong Kong is rolling out a new tax break for commodity traders as it seeks to strengthen its position as a regional trading hub and revive shipping activity amid global supply disruptions.
Iran war drags India’s goods exports 7% lower in March — more pain ahead
Iran war cuts India’s March goods exports by over 7%, hammering key sectors and markets, lifting costs and delaying recovery for months.
Don’t call time on dollar dominance just yet, say analysts as ‘petroyuan’ call sparks debate
The dollar index, which tracks its performance against a basket of major currencies, fell almost 10% through 2025.
Iran war sparks ‘fundamental energy transition’ in Seoul toward renewables: Energy minister
Kim said South Korea will focus on wind and solar power to achieve its goal of reaching 100 gigawatts renewable energy capacity
TSMC first-quarter profit rises 58%, beats estimates as AI demand fuels record run
TSMC reported another quarter of record profit, with the company expecting AI demand to continue to grow.
UK economy grew 0.5% in February, beating economists’ expectations by a long shot
Economists polled by Reuters expected U.K. gross domestic product (GDP) to have expanded by 0.1% month-on-month.
Trump says Israel and Lebanon leaders to hold talks after first high-level meeting in decades
The U.S. president said he was “trying to get a little breathing room between Israel and Lebanon.”
CNBC Daily Open: Trading the truce and the Lebanon dilemma
The S&P, Nasdaq and Nikkei all top new record highs on optimism of an extended truce between the U.S. and Israel, as well as talks with Lebanon.
European stocks end near flat as UK GDP jumps and Iran peace talks remain in focus
European stocks finished Thursday lower as investors assessed fresh economic data and the outlook for U.S Iran peace talks.
China economic growth accelerates to 5% in first quarter — but Iran war clouds outlook
Beijing had lowered its growth target this year to a range of 4.5% to 5%, the least ambitious goal on record going back to the early 1990s.
