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BUSINESS

UAE quits Opec in blow to global oil cartel

Reuters, Published on 28/04/2026

» DUBAI - The United Arab Emirates said on Tuesday it was quitting Opec and ​Opec+, dealing a heavy blow to the ‌oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.

BUSINESS

For the average price of a car in the US, you could buy 5 new Chinese EVs

Reuters, Published on 28/04/2026

» BEIJING - Call it ⁠a different kind of sticker shock.

BUSINESS

Oil climbs nearly 2% as US-Iran peace talks stall

Reuters, Published on 27/04/2026

» SINGAPORE - Oil prices extended gains on Monday, rising nearly 2% as peace talks between the United States and Iran stalled while shipments through the Strait of Hormuz remained limited, keeping global oil ​supplies tight.

BUSINESS

Singapore emerging as neutral ground as AI firms navigate Sino-US rivalry

Reuters, Published on 24/04/2026

» SINGAPORE - Singapore is transforming from East-West gateway to neutral ground for the AI sector, with Chinese startups ​hoping to operate beyond government reach while US firms seek foreign talent without the headache of ‌stricter visa regulations.

BUSINESS

US sets preliminary antidumping duties on solar imports from India, Indonesia and Laos

Reuters, Published on 24/04/2026

» ⁠The US Commerce Department ​on Thursday announced preliminary antidumping duties on solar cells and panels imported ​from India, Indonesia and ‌Laos, the latest in a string of tariffs imposed over a decade on solar imports from Asia. 

BUSINESS

Honda to halt South Korea car sales

Reuters, Published on 23/04/2026

» TOKYO - Honda ​Motor said ‌on Thursday it has decided to discontinue its automobile sales operations in South Korea at the year-end, citing changes in the environment surrounding the ​global ⁠and South Korean automobile markets.

BUSINESS

Russian billionaires’ wealth up 11% despite war and sanctions

Reuters, Published on 23/04/2026

» MOSCOW - Russian ⁠billionaires increased ⁠their wealth by ​11% to a record $696.5 billion over the past ​year despite the war ‌in Ukraine and the toughest Western sanctions ever imposed on a major economy, Forbes Russia has reported.

BUSINESS

Huge oil bet precedes Trump ceasefire extension

Reuters, Published on 22/04/2026

» LONDON - Traders placed ⁠a ⁠series of bets worth $430 million ​on a drop in crude oil prices just 15 minutes before US President ​Donald Trump said he would extend a ‌ceasefire with Iran on Tuesday.

BUSINESS

PM Anutin welcomes outlook upgrade by Moody’s

Mongkol Bangprapa and Reuters, Published on 22/04/2026

» Prime Minister Anutin Charnvirakul has welcomed the decision by Moody’s Investors Service to revise Thailand’s credit outlook from “negative” to “stable” while affirming its sovereign rating at Baa1.

BUSINESS

Thailand plans law to borrow B500bn and lift debt ceiling

Reuters, Published on 20/04/2026

» The government plans an emergency decree to borrow ​500 billion baht to address economic issues, Deputy Prime Minister Pakorn Nilprapunt said on Monday.