Kingdom announces sharp rise in budget shortfall amid the effective closure of the Strait of Hormuz. Published On 6 May 20266 May 2026 Saudi Arabia has posted a sharp rise in its budget deficit amid declining oil revenues due to the effective closure of the Strait of Hormuz. The kingdom’s budget shortfall widened to 125.7 … Read more
Statistics agency says economy ‘off to a good start’ despite more ‘complex and severe’ external environment. China’s economy grew 5.4 percent in the January-March quarter, the country’s statistics agency has said, a stronger-than-expected performance that comes as exporters are bracing for the fallout of United States President Donald Trump’s punishing tariffs. Industrial output rose 6.5 … Read more
A court in Vietnam sentenced one of the country’s most influential journalists to two and a half years in prison Thursday for “abusing democratic freedoms” with about a dozen posts on Facebook that criticized or questioned the government. The journalist, Truong Huy San — known to many by his pen name, Huy Duc — was … Read more
Social media platform says change will better protect users’ privacy. X, formerly Twitter, is no longer letting users see which posts other users have liked. The change means that users can now only see which posts they have liked themselves. Keep reading list of 4 items list 1 of 4 The Take: What can humanity … Read more
Japanese car giant says net profit reached 4.94 trillion yen ($31.9bn) in the year to March. Toyota has reported record profit and sales figures on the back of the weak yen and strong demand for hybrid vehicles. The Japanese car giant said on Wednesday that it netted a record profit of 4.94 trillion yen ($31.9bn) … Read more
Dutch footballer was previously suspended by the club over a since-deleted social media post. The German football club Mainz 05 has terminated the contract of Anwar El Ghazi over social media posts related to the Israeli-Palestinian conflict. In a statement on Friday, Mainz said that El Ghazi’s deal had been ended due to “comments and … Read more