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Economy & Trade May 1, 2026 525 stories in this edition

Trump expands Cuba sanctions with global reach, targeting foreign banks and firms

SCMP Asia / Asia / 1m ago / Teresa Elena Frontado
Trump expands Cuba sanctions with global reach, targeting foreign banks and firms

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US President Donald Trump on Friday signed an executive order expanding sanctions on Cuba, authorising penalties not only against Cuban officials but also on foreign companies and financial institutions that do business with the island. The order significantly broadens Washington’s ability to exert economic pressure, allowing US authorities to target third-country actors deemed to support the Cuban government, in a m...

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US President Donald Trump on Friday signed an executive order expanding sanctions on Cuba, authorising penalties not only against Cuban officials but also on foreign companies and financial institutions that do business...

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Meet the couple who quit banking and finance to run tours of Singapore’s abandoned places

Channel NewsAsia · 1m ago

Meet the couple who quit banking and finance to run tours of Singapore’s abandoned places

Within a year of becoming first-time parents, Amanda Cheong and Stanley Cheah gave up two steady incomes to turn their shared obsession into a thriving business – Hidden Heritage.

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Hong Kong’s population policy is still trapped in a city state mindset

SCMP Asia · 1m ago

Hong Kong’s population policy is still trapped in a city state mindset

Hong Kong is increasingly being urged to develop a comprehensive population policy. Academics, policymakers and business leaders warn that rapid ageing, low fertility and a shrinking labour force threaten the city’s comp...

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H-1B worker loses mother to cancer in India, misses final moments due to visa delays

Times of India World · 1m ago

H-1B worker loses mother to cancer in India, misses final moments due to visa delays

Times of India World is tracking Economy & Trade developments tied to H-1B worker loses mother to cancer in India, misses final moments due to visa delays.

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12-year-old boy faces US deportation as father refuses to take DNA test to prove citizenship

Times of India World · 1m ago

12-year-old boy faces US deportation as father refuses to take DNA test to prove citizenship

Times of India World is tracking Economy & Trade developments tied to 12-year-old boy faces US deportation as father refuses to take DNA test to prove citizenship.

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Trump says will raise US tariffs on EU cars to 25%

Channel NewsAsia · 1m ago

Trump says will raise US tariffs on EU cars to 25%

The US president said US tariffs on EU cars and trucks will rise to 25 per cent from next week, accusing the European Union of not following a previous trade deal.

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Iran’s strict internet shutdown is crushing an already shaky economy

New York Post World · 1m ago

Iran’s strict internet shutdown is crushing an already shaky economy

Iran’s 90 million people have been cut off from the internet for most of 2026, one of the world’s longest and strictest national shutdowns.

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