Vietnam Inflation Quickens as Iran War Raises Energy Costs
Vietnam’s inflation picked up more than expected in April, as a surge in global energy prices driven by the Iran war began feeding through to transport and input costs.
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Philippines Says Thousands Evacuated as Mayon Volcano Erupts
The Philippines said on Sunday that thousands of people have evacuated the area south of Manila after Mayon Volcano erupted, and authorities advised the public to stay out of the six-kilometer radius danger zone.
Japan’s Katayama Declines to Comment on FX Intervention For Now
Japanese Finance Minister Satsuki Katayama declined to comment if authorities intervened to support the yen last week, after reports said they had entered the market for the first time since 2024.
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‘We’re all worried the honey pot will run dry’: Does the U.S. government borrow from my Social Security to fund federal programs?
There are many suggestions floating around Washington D.C. on how to fix the program’s imminent funding issues.
Finland Must Continue to Consolidate Public Finances, Rehn Says
Finland can no longer avoid or delay dealing with its growing public debt, Bank of Finland Governor Olli Rehn said.
India’s Woes Bigger Than Any One Political Figure, Amitav Ghosh Says
“The problem for India goes beyond any one political figure.” Amitav Ghosh tells Mishal Husain that India is struggling to find its role in the world amid continental competition from China, Russia and Iran. (Source: Bloomberg)
Inside the Booming Market for Dinosaur Fossils
Why fossils are selling for millions to wealthy collectors.
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Odd Lots: Inside a Booming Market for Dinosaur Fossils (Podcast)
Two years ago, Citadel’s Ken Griffin paid almost $45 million or a stegosaurus skeleton, making it the most expensive fossil ever sold at auction. So why are dinosaur bones joining the collections of millionaires instead of museums? How does the private market for fossils actually work? And how similar is it to the market for art and other antiquities? In this episode, we speak with Salomon Aaron, a director at London-based gallery David Aaron, where he is the gallery’s in-house broker for dinosa
Spirit Shuts Operations After White House Bailout Collapses
Spirit Aviation Holdings Inc. is winding down operations after the troubled US discount carrier buckled under the weight of surging fuel prices and a government bailout dangled by US President Donald Trump fell through.