China and Indonesia have created a shared QR code payment system, allowing shoppers in both countries to pay with their own money, eliminating the need for a dollar. The initiative is part of a bigger Chinese effort to integrate Southeast Asian economies and undercut the US dollar’s influence in global trade. According to the new arrangement, Chinese citizens can use apps like Alipay to point their phones at a QR code in Indonesia and pay in yuan. Indonesians can do the same by using their country’s QRIS platform and paying in rupiah. Neither side is required to convert to dollars…
Author: Isla
AIG elevates Hong Kong duo to casualty lead roles May 4 2026 by Roshan Nambiar AIG has promoted Evelyn Li to casualty corporate lead, and Carmen Ho to casualty major account lead, according to a LinkedIn post from Ivan Ho, AIG’s head of casualty for Hong Kong.Li rejoined the in… To continue reading the full article and get full access to the InsuranceAsia News platform, please enquire about a subscription. Your company may already have a corporate license in place. Already a Subscriber? Please Login Partner Content PartnerRe | Understanding ageing in APAC: why perception, planning and protection don’t always…
Market Closed – Nasdaq 04:00:00 2026-05-04 pm EDT 5-day change 1st Jan Change 55.46 USD +2.59% +3.08% -6.68% Published on 05/04/2026 at 04:35 pm EDT MT Newswires © MT Newswires – 2026 04:38pm BioMarin Pharmaceutical Q1 Non-GAAP Earnings Fall, Revenue Rises; 2026 Guidance Revised MT 04:35pm Earnings Flash (BMRN) BioMarin Pharmaceutical Inc. Reports Q1 Revenue $766.2M, vs. FactSet Est of $752.2M MT 04:28pm (BMRN) BioMarin Pharmaceutical Expects Full Year 2026 Revenue Range $3.83B – $3.93B MT 04:23pm (BMRN) BioMarin Pharmaceutical Expects Full Year 2026 Adjusted EPS Range $4.85 – $5.05 MT 04:14pm Earnings Flash (BMRN) BioMarin Pharmaceutical Inc. Posts Q1…
5,000 drones light up Chongqing’s night sky news.cgtn.com Source link
The UAE on Monday strongly condemned renewed Iranian attacks on the country, saying they represented a “dangerous escalation” and reserved its right to respond.UAE air defences detected four cruise missiles launched by Iran, in the first attacks on the country in weeks.The Ministry of Defence said three of the missiles were intercepted “over the country’s territorial waters, while the fourth fell into the sea”.Three people were injured in a fire at Fujairah Oil Industry Zone after a drone attack from Iran. They were all Indian citizens and were taken to hospital for treatment, the Fujairah Media Office said.The UAE’s Ministry…
NEW DELHI — Indian Prime Minister Narendra Modi’s ruling Hindu nationalist party on Monday wrested control of the state of West Bengal, an opposition stronghold, in a key election .The Election Commission of India released partial results showing the Bharatiya Janata Party won at least 124 seats in the 294-member West Bengal assembly, and was leading in 83 others. Final results are expected Monday evening. Source link
Country icon Dolly Parton has shared a heartfelt update with fans via social media today, offering a candid glimpse into her health and wellbeing with the same warmth and humour that has defined her decades-long career. Speaking directly to camera, Parton reassured fans while reflecting on needing continued meds and treatment for an unidentified issue whilst continuing to find joy in the work she loves. Watch below. It’s a reminder of the deep connection she’s always maintained with her audience: one built not just on timeless songs, but on honesty, resilience and an unwavering sense of self. Even now, as…
The Chinese-owned firm that operates the Port of Darwin isn’t happy about the federal government’s push to return it to an Australian owner. Now, the situation is escalating, with the stage set for an international legal showdown. The Albanese government has been in talks with Landbridge Group, whose parent company is headquartered in Shandong province, China, to return the port to an Australian owner, following an election promise. But in late April, Ye Cheng, the Chinese billionaire who founded Landbridge, initiated proceedings against Australia at a World Bank tribunal, the International Centre for Settlement of Investment Disputes. The government has…
US Treasury Secretary Scott Bessent has called on China to pressure Iran to reopen the Strait of Hormuz amid escalating tensions. Buddhika Weerashinghe/Bloomberg via Getty Images United States Treasury Secretary Scott Bessent accused China of funding Iran by buying most of its oil.He urged Beijing to help reopen the Strait of Hormuz, which Iran has blocked amid rising tensions.The remarks come ahead of Donald Trump’s expected meeting with Xi Jinping in Beijing.United States Treasury Secretary Scott Bessent has accused China of “funding the largest state sponsor of terrorism”, referring to Iran, saying that Beijing should help Washington in efforts…
KUALA LUMPUR (May 5): Malaysia welcomes Brazilian aerospace company Embraer’s interest in exploring opportunities in the country, including the potential establishment of assembly operations, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.He said the company will also participate in the Malaysia Aerospace Summit 2026, scheduled for June 25–27 at the Malaysia Agro Exposition Park Serdang (Maeps).Embraer is the world’s third-largest aircraft manufacturer after Boeing and Airbus.Johari said this was conveyed during a courtesy call by Brazilian ambassador to Malaysia Daniella Ortega de Paiva Menezes.”The meeting reflects the continued commitment of both countries to strengthening economic ties, particularly…