Information

Russia said Ukraine attacked Primorsk port on the Baltic Sea, a key oil export hub, causing a fire that local authorities said was quickly extinguished.

Japan’s prime minister is set to arrive in Australia to strengthen ties with one her country’s strongest allies as she seeks to build on an updated regional strategy laid out in Vietnam.

This weekend’s talks among OPEC+ nations provide the oil producer group with an opportunity to project unity after the shock departure of longtime member the United Arab Emirates.

The Philippine Coast Guard said four Chinese vessels were conducting illegal marine scientific research in its waters and threatened to deploy aircraft and boats to repel them.

Global investors are pouring money into commercial wineries in and around Cape Town, even as wine sales slow worldwide. French, German, and Norwegian consortiums are buying into one of the few wine-producing regions where vineyard prices are still climbing. Bloomberg’s Jennifer Zabasajja reports. (Source: Bloomberg)

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.

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.

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.

Finland can no longer avoid or delay dealing with its growing public debt, Bank of Finland Governor Olli Rehn said.