‘Clear and present danger’: fuel prices could rise by 30c a litre across Australia under IMF scenario
The Guardian •

‘Clear and present danger’: fuel prices could rise by 30c a litre across Australia under IMF scenario

IMF’s World Economic Outlook shows how a worsening Middle East crisis could affect global growth and inflation An International Monetary Fund scenario where global oil prices jump to $US130 a barrel over coming months could push Australian petrol prices up by another 30 cents and pile pressure on the Reserve Bank to hike interest rates, economists say.In its latest World Economic Outlook, the IMF ...

Chinese great-grandfather, 101, defies ageing with daily diet of Coke, Sprite, seafood
SCMP •

Chinese great-grandfather, 101, defies ageing with daily diet of Coke, Sprite, seafood

A Chinese centenarian leads a happy, healthy life despite a habit generally considered “unhealthy”, prompting curious reactions online. A 101-year-old great-grandfather in eastern China’s Zhejiang province recently went viral for his love of drinking large amounts of Coca-Cola and Sprite. While young people in China embrace healthy lifestyles – eating foods inspired by traditional Chinese medicine...

IMF warns global economy ‘could soon test the limits of resilience’
The Guardian •

IMF warns global economy ‘could soon test the limits of resilience’

World Economic Outlook says states’ oil stocks are low and budgets are overstretched, as it upgrades UK GDP growth forecast for 2026Developing nations face triple shock, UN warnsThe global economy “could soon test the limits of resilience”, as emergency oil stocks run low and government budgets become overstretched, the International Monetary Fund has warned.In its twice-yearly World Economic Outl...

Can Singapore engineer love on dating apps? From public service to private romance
SCMP •

Can Singapore engineer love on dating apps? From public service to private romance

For Singaporean civil servant Clare*, finding a suitable lifelong partner has been an uphill battle. Swiping on dating apps soon became a chore after multiple unsuccessful first dates, so when the government launched its own platform, the 32-year-old was all for it. “It’s like ‘Why not?’, and I think it does have a few screening procedures so it might save you some trouble like having to deal with...

'Breaking Bad' actor and disability activist RJ Mitte dies aged 34

'Breaking Bad' actor and disability activist RJ Mitte dies aged 34

France 24 •

"Breaking Bad" actor RJ Mitte, who played Walter White Jr. in the hit US television series, has died aged 34, his representatives said Monday. The actor, who lived with cerebral palsy, also became a prominent disability rights advocate, championing inclusion and representation in film and television.

Thailand’s deepening labour shortage roils harvest as unpicked fruits rot

Thailand’s deepening labour shortage roils harvest as unpicked fruits rot

SCMP •

Ripe mangosteen and rambutan hang unpicked from trees in eastern Thailand, where a shortage of migrant workers is forcing growers to decide which crops are valuable enough to harvest and which will be left to rot. For Jomsak Putirattana, who also grows durian in Chanthaburi province, the departure of his five Cambodian workers after a border dispute disrupted crossings has intensified competition ...

Apec a chance for Hong Kong to earn its place in China’s tourism boom

Apec a chance for Hong Kong to earn its place in China’s tourism boom

SCMP •

Over the coming weeks, Hong Kong and Shenzhen will host two major gatherings of Asia-Pacific decision-makers. Hong Kong’s first Apec Finance Ministers’ Meeting takes place on October 20-21, with around 500 visitors expected, while Shenzhen hosts the Apec Economic Leaders’ Week next month. These Asia-Pacific Economic Cooperation forum meetings will bring international visitors to two neighbouring c...

Chinese stocks an undervalued opportunity, says Charlie Munger disciple

Chinese stocks an undervalued opportunity, says Charlie Munger disciple

SCMP •

Shares in Chinese companies present better opportunities today than at other times, a disciple of legendary investor Charlie Munger said in a rare reflection on the world’s second-largest economy amid tensions with the US and the ongoing artificial intelligence race. The comments by Li Lu, Chinese-American founder and chairman of Seattle-based value investment firm Himalaya Capital, came amid dive...

China Mobile triples capacity at mega Inner Mongolia computing hub amid nation’s AI push

China Mobile triples capacity at mega Inner Mongolia computing hub amid nation’s AI push

SCMP •

China Mobile, one of the country’s state-backed telecoms giants, has tripled the capacity of its largest intelligent computing hub in northern Inner Mongolia, amid Beijing’s push to boost digital infrastructure to power the country’s artificial intelligence ambitions. The expansion of its data centre in Hohhot was recently completed, with total processing capacity increased to 20,100 petaflops, ac...

China keeps extending the Shenzhen Apec deadline. Why are US execs so unenthused?

China keeps extending the Shenzhen Apec deadline. Why are US execs so unenthused?

SCMP •

Some senior American executives are lukewarm about attending the Asia-Pacific Economic Cooperation summit and related business events in Shenzhen next month, according to people familiar with the matter. They cited limited scheduling details, few expected breakthroughs and a lack of opportunity for meaningful engagement. Beijing has invited multiple US business leaders – particularly those who joi...

Australian politics live: businesses increasing prices under cover of surcharge ban, UBS economists warn; fire ants in Sydney’s inner west

Australian politics live: businesses increasing prices under cover of surcharge ban, UBS economists warn; fire ants in Sydney’s inner west

The Guardian •

Follow the day’s news liveGet our breaking news email, free app or daily news podcastRobert Pether has stressed his innocence and recalled his brush with death in his first comments since the Australian engineer departed Iraq after serving more than five years in jail.Pether and his Egyptian colleague Khalid Radwan were detained in Baghdad in 2021 after flying in for a meeting with bank officials ...

‘Everyone wants to make history’: revamped Huanggang Port opens to brisk business

‘Everyone wants to make history’: revamped Huanggang Port opens to brisk business

SCMP •

Hong Kong travel agencies and border shops have capitalised on the opening of the revamped Huanggang Port as thousands of visitors poured through the control point, with special tours on offer and shopkeepers reporting brisk business. Agents said the port’s 24-hour joint clearance arrangements could give cross-border tourism a major boost, although crowd control measures dampened trade at the chec...

Australian politics live: Hanson-Young says she won’t run for Greens leadership again; fire ants found in Sydney’s inner west

Australian politics live: Hanson-Young says she won’t run for Greens leadership again; fire ants found in Sydney’s inner west

The Guardian •

Follow the day’s news liveGet our breaking news email, free app or daily news podcastRobert Pether has stressed his innocence and recalled his brush with death in his first comments since the Australian engineer departed Iraq after serving more than five years in jail.Pether and his Egyptian colleague Khalid Radwan were detained in Baghdad in 2021 after flying in for a meeting with bank officials ...

Body found in stockyard trough confirmed to be missing 73-year-old Yvonne Whear

Body found in stockyard trough confirmed to be missing 73-year-old Yvonne Whear

The Guardian •

Whear was last seen on CCTV in mid-February buying orange juice and putting $50 credit on her phone in MurwillumbahFollow our Australia politics live blog for latest updatesGet our breaking news email, free app or daily news podcastNew South Wales police say a decomposed body found in a stockyard trough last week was missing woman Yvonne Whear, who vanished eight months ago after last being seen i...

Not just about tax: why Australia’s tech entrepreneurs are moving to Singapore

Not just about tax: why Australia’s tech entrepreneurs are moving to Singapore

SCMP •

Investor Ben Lindsay relocated with his wife, dog in tow, from Sydney to Singapore in March, with his sights set on growing venture capital firm Investible from an Australian outfit into an Asia-Pacific one. Lindsay is among a growing number of investors, businessmen and tech founders from down under who are setting up bases and relocating to Singapore, Dubai and San Francisco to expand their comp...

One dead and more injured after incident on Six Flags rollercoaster in US

One dead and more injured after incident on Six Flags rollercoaster in US

The Guardian •

Six Flags Over Georgia ‘deeply saddened’ by tragedy, reportedly occurring on Goliath coaster with 175ft dropOne person has died and several others were injured in an incident involving a Six Flags rollercoaster on Monday afternoon in Georgia, according to police.The incident took place a Six Flags Over Georgia, about 15 miles (25km) north-west of Atlanta, according to the Cobb county police depart...

Australia politics live: Hanson-Young says she won’t run for Greens leadership again; fire ants found in Sydney’s inner west

Australia politics live: Hanson-Young says she won’t run for Greens leadership again; fire ants found in Sydney’s inner west

The Guardian •

Follow the day’s news liveGet our breaking news email, free app or daily news podcastRobert Pether has stressed his innocence and recalled his brush with death in his first comments since the Australian engineer departed Iraq after serving more than five years in jail.Pether and his Egyptian colleague Khalid Radwan were detained in Baghdad in 2021 after flying in for a meeting with bank officials ...