Business

Hong Kong overtakes Switzerland as world’s top cross-border wealth hub on China ties, report shows

Tuesday, May 26 by SRN News

ZURICH, May 27 (Reuters) - Hong Kong has overtaken Switzerland as the top global booking centre for cross-border wealth, a first that is unlikely to be reversed as hubs in Asia grow faster than the European safe-haven, Boston Consulting Group said on Wednesday. Wealth... Read More.

Chinese brands gain as Europe car sales rise

Tuesday, May 26 by SRN News

By Mathias de Rozario May 27 (Reuters) - Demand for electrified cars kept Europe's auto market growing in April, offsetting weaker petrol and diesel demand and helping Chinese brands extend their market share, data from the European Automobile Manufacturers' Association showed on Wednesday. Registrations in the... Read More.

Canada and Germany make liquefied natural gas deal as Carney looks to diversify from US

Tuesday, May 26 by SRN News

TORONTO (AP) - Canada has reached a deal to export liquefied natural gas to Germany from a planned Pacific Coast terminal, an official familiar with the matter said Tuesday. The official confirmed Canada will sign the agreement with Germany's SEFE group, which stands for... Read More.

Australia consumer inflation slows in April, core creeps higher

Tuesday, May 26 by SRN News

SYDNEY, May 27 (Reuters) - Australian consumer prices increased by less than expected in April thanks to a government tax cut on fuel, data showed on Wednesday, while core inflation ticked up as higher oil prices fed through to the broader economy. Data from the... Read More.

NASA lays out moon base plans with landers, buggies and drones at the top of the list

Tuesday, May 26 by SRN News

CAPE CANAVERAL, Fla. (AP) - NASA is already ordering landers, rovers and drones for a sprawling moon base, less than two months after the Artemis II's record-breaking lunar flyaround. The space agency outlined the first phase of its moon base plans on Tuesday, awarding... Read More.

SpaceX set for fast entry into US, global indexes under new FTSE rules

Tuesday, May 26 by SRN News

May 26 (Reuters) - Elon Musk's SpaceX is eligible for inclusion in both the Russell U.S. Equity Indexes and FTSE Global Equity Index Series under newly announced fast-entry rules, according to index provider FTSE Russell. FTSE Russell, a London Stock Exchange Group business, proposed introducing... Read More.

Japan’s Nikkei to set record 69,000 in 2027 as blistering rally outpaces peers: Reuters poll

Tuesday, May 26 by SRN News

By Kevin Buckland TOKYO, May 27 (Reuters) - AI exuberance and robust earnings will continue to power Japan's Nikkei to record highs, even as its blistering rally makes it hard for forecasters to keep up, analysts said in a Reuters poll. The median forecast in a... Read More.

Global heritage group offers to work with Peru’s government on improving conditions at Machu Picchu

Tuesday, May 26 by SRN News

LIMA, Peru (AP) - A global heritage foundation that works to improve conditions at famous archaeological sites offered on Tuesday to work with Peruvian authorities on the famed Machu Picchu, where tourists often face hours of lines, overcrowding and unreliable local transport. The announcement by... Read More.

Australia needs to ease complex rules to boost capital flows, says outgoing regulatory chief

Tuesday, May 26 by SRN News

By Scott Murdoch SYDNEY, May 27 (Reuters) - Australia needs to overhaul complex regulations to boost innovation and revive its dwindling IPO pipeline, the country's outgoing top corporate regulator said, warning that red tape was stifling startups and deterring public listings. "Australia has, with good intent,... Read More.

Japan’s corporate service prices rise 3% in April

Tuesday, May 26 by SRN News

TOKYO, May 27 (Reuters) - A key gauge of Japan's service-sector inflation rose 3.0% in April from a year earlier, data showed on Wednesday, reinforcing the central bank's view that a tight labour market is pushing firms to pass rising costs on to consumers. The... Read More.

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Hong Kong overtakes Switzerland as world’s top cross-border wealth hub on China ties, report shows

Chinese brands gain as Europe car sales rise

Canada and Germany make liquefied natural gas deal as Carney looks to diversify from US

Australia consumer inflation slows in April, core creeps higher

SpaceX set for fast entry into US, global indexes under new FTSE rules

Japan’s Nikkei to set record 69,000 in 2027 as blistering rally outpaces peers: Reuters poll

Australia needs to ease complex rules to boost capital flows, says outgoing regulatory chief

Japan’s corporate service prices rise 3% in April

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