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[SINGAPORE] Asian energy buyers are rethinking their long-term bets on US liquefied natural gas (LNG) – increasingly seen as a geopolitical lever – as tariffs, political risk and volatile costs cloud the appeal of the US as a reliable trading partner. Experts say this shift could open the door to rival exporters, as Asia moves to diversify its supply sources.Underscoring this is a once-flagship US$44 billion Alaska LNG project – revived under US President Donald Trump and pitched as a fast-track export route to Asia – which is struggling to secure regional backing, despite being used as a bargaining chip…
Secretary of State Marco Rubio said Wednesday that the United States may impose sanctions on Brazilian Supreme Court judge Alexandre de Moraes, who has clashed with former right-wing president Jair Bolsonaro and Elon Musk. Asked at a congressional hearing if President Donald Trump’s administration was considering sanctions on Moraes, Rubio said: “That is under review now, and it’s a great possibility that will happen.” Moraes has been at odds with Musk, the world’s richest person and close advisor of Trump, by temporarily blocking his X social media platform until it complied with the judge’s orders to suspend accounts. Moraes said…
Jim Irsay, the owner and CEO of the Indianapolis Colts, died in his sleep Wednesday afternoon, the team announced. He was 65. “We are devastated to announce our beloved Owner & CEO, Jim Irsay, passed away peacefully in his sleep this afternoon. Jim’s dedication and passion for the Indianapolis Colts in addition to his generosity, commitment to the community, and most importantly, his love for his family were unsurpassed. Our deepest sympathies go to his daughters, Carlie Irsay-Gordon, Casey Foyt, Kalen Jackson, and his entire family as we grieve with them,” the statement from Pete Ward, Irsay’s longtime right-hand man and…
Allegro, Poland’s biggest e-commerce platform, on Thursday reported a 4.8 per cent rise in its domestic first-quarter earnings and confirmed its full-year outlook.Allegro’s adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at 859.4 million zlotys ($229.6 million) in its home market, while analysts polled by the company had expected 875 million zlotys on average.The company maintained its full-year outlook, including an 8–12 per cent rise in adjusted EBITDA in Poland. Gross merchandise value (GMV), an industry metric used to measure transaction volumes, rose 8.9 per cent year-on-year to 14.78 billion zlotys, in line with the market estimate…
[WASHINGTON] The Defense Department formally accepted a luxury Boeing 747-8 jumbo jet from Qatar to temporarily serve as the new Air Force One for US President Donald Trump, one of the biggest foreign gifts ever given to the US government. The move fulfils Trump’s desire for a new presidential aircraft, after years of delays in the US government’s contract with the aerospace giant for new planes to serve that role. Still, the gift raises ethical and security concerns, with politicians from both parties questioning the president’s decision. “The Secretary of Defense has accepted a Boeing 747 from Qatar in accordance with…
Former President Joseph Biden announced on Sunday that he was diagnosed with an aggressive form of prostate cancer that had metastasized to his bones. He was diagnosed after reporting urinary symptoms to his physicians. His Gleason score is a 9 (out of a possible 10), making this an aggressive cancer. The former President, 82, also has Stage 4 cancer, meaning it has spread to his bones. His cancer is hormone-sensitive, according to his doctors, which seems to bode well for a potential treatment plan. According to the New York Times, prostate cancer experts say that once the disease has spread…
Check out the best moments between the Philadelphia Phillies and the Colorado Rockies.
PLANO, Texas — The top-selling SUV in the United States will exclusively be offered as a hybrid model as part of a redesign of the RAV4 lineup, Toyota Motor announced Tuesday night.The world’s largest automaker said the 2026 Toyota RAV4 only will be offered as a hybrid or plug-in hybrid, eliminating a traditional gas engine in the vehicle for the first time. It will still have a 2.5-liter four-cylinder engine, but with hybrid technologies such as batteries and electric motors.Despite slower-than-expected adoption of all-electric vehicles, automakers have looked to hybrid models — which combine electric vehicle technologies with traditional internal…
[SINGAPORE] The interest rate for the Central Provident Fund’s (CPF) Special, MediSave and Retirement Accounts (SMRA) will remain at 4 per cent per annum in the third quarter of 2025 – the same as the second quarter.This is because the SMRA pegged rate continues to fall below the floor rate of 4 per cent, said the CPF Board in a joint statement issued with the Housing and Development Board (HDB) on Thursday (May 22). The SMRA interest rate is pegged to the 12-month average yield of 10-year Singapore Government Securities plus 1 per cent, and is subject to the floor…
Honor 400 series is scheduled to be launched in the European markets on May 22, comprising Honor 400 and Honor 400 Pro models. Ahead of its anticipated debut, Honor has announced that both smartphones will be introduced with six years of Android updates. As part of its long-standing collaboration with Google, the company will offer artificial intelligence (AI) capabilities on the Honor 400 series powered by the Veo 2 video generation model, enabling users to turn images into short videos.Honor 400 Series Gets Extended Update SupportHonor says its upcoming smartphones, the Honor 400 and the Honor 400 Pro, will ship…